BARACK OBAMA

Solyndra Files Bankruptcy, Federal Loan Guarantee Given In Vain

IBTimes Logo
Wednesday, a solar cell manufacturing company Solyndra announced it would seek Chapter 11 bankruptcy protection. The Fremont, California-based solar company will lay off all of its 1,100 workers and close down the factory which was built through the fed's loan guarantee.
More news
2012 U.S. Election

Romney Realizes He Has Competition, But is it Too Late?

Almost from the start, former Massachusetts Gov. Mitt Romney has enjoyed a relatively comfortable lead over his competitors in the GOP presidential race, but it was only a matter of time until someone usurped his title as No. 1. The time has finally come -- and it has come in the form of Texas Gov. Rick Perry.
U.S. President Barack Obama

Obama, Republican Date Troubles Aside, President to Throw Down Political Gauntlet Sept. 8

President Barack Obama will throw down the gauntlet with a major speech before Congress on Sept. 8 that promises to be a defining moment for his term of office. Obama will establish the stakes for solving America's unemployment problem and likely politically live or die by the results. The move, expected to come with a controversial price tag, will determine whether Obama and Democrats or Boehner and Republicans can emerge from gridlock in a presidential election year with the stronger hand. ...
U.S. President Barack Obama

Obama's Major Speech: Shifts Date to Appease Republicans; Will Focus on Jobs

President Barack Obama has bowed to pressure from Republicans and moved the original date of his scheduled high-profile jobs speech. Obama had planned to deliver his major speech suggesting new jobs initiatives that could set the political agenda in Washington for the coming months on Sept. 7 -- but after a Republican request for a date change, it Will be on Sept. 8.
U.S. President Barack Obama

Obama interviewed for TV special on Bin Laden hunt

The effort to hunt down and kill Osama bin Laden will be featured in a two-hour television program, including interviews with President Barack Obama and senior counter-terrorism officials, the History channel said on Wednesday.
President Barack Obama tours Solyndra, Inc., a solar panel manufacturing facility in Fremont, California

Solar company that Obama visited will shut down

Solar start-up Solyndra LLC, succumbing to pressure from lower-cost Chinese rivals, said it has suspended operations and plans to file for bankruptcy, 15 months after President Barack Obama visited a company factory that was to be expanded with the help of a federal loan guarantee.
U.S. President Barack Obama delivers a statement at the White House

Obama to Address Congress on September 8

President Barack Obama on Wednesday agreed to unveil new jobs proposals in an address to Congress on September 8, bowing to pressure from Republicans, who objected to the original date set for his high-profile speech.
U.S. President Barack Obama

Obama Moves Jobs Speech, Bowing to Boehner

President Barack Obama Wednesday evening agreed to unveil new jobs proposals in an address to Congress on Sept. 8, bowing to pressure from Republicans, who objected to the original date conflicting with their presidential debate.
Irene Aftermath (10 of 10)

Obama Declares Disaster in New Jersey, will Visit Sunday [HELP CONTACTS, PHOTOS]

U.S. President Barack Obama has declared that there is a major disaster in New Jersey and plans to visit the state on Sunday. According to information from the White House, Obama has signed a New Jersey disaster declaration and has ordered that federal aid supplement the state and local recovery efforts in the area affected by Hurricane Irene.
U.S. House Speaker John Boehner, R-Ohio

Boehner Asks Obama to Move Congress Speech

Republican Speaker of the House John Boehner has asked President Obama to move his Sept. 7 speech to the next day -- possibly to avoid a conflict with an already scheduled Republican primary debate.
U.S. Oil Prices

Oil Prices Plunge in August: A ‘Tax Cut’ for the American People

Finally some good news for the American people on the U.S. economy front: Oil is on track to record in August its biggest monthly price decline since May -- something that will put more money in the pockets of consumers and also boost U.S. GDP growth, if the price reduction holds.
Teens Get Smarter as They Age, Especially the Older Ones

U.S. Teen Unemployment at Unprecedented Levels

Unemployment in the U.S. has been stubbornly high and presents the largest single obstacle to the re-election hopes of Barack Obama. But joblessness among Americans who cannot yet vote – teenagers – are at levels that are both staggering and unprecedented. One labor economist tells IBTimes, “We have never experienced this amount of joblessness among teens.”
IBTimes Logo

Deficit panel names Republican staff chief

A high-level Republican aide on the Senate Finance Committee was named on Tuesday to the top staff position on the new congressional panel charged with finding at least $1.2 trillion in government savings over the next decade.
Construction workers

White House could Unveil Mortgage Plan Next Week

The Obama administration is considering unveiling new plans next week to revive the ailing housing market and reduce foreclosures, including an effort to help troubled borrowers refinance their mortgages.

Petraeus Leaves Army for Top CIA Gig

U.S. Army Gen. David Petraeus, the former top commander of the U.S's efforts in Afghanistan and Iraq, retired from the Army to become the head of the CIA on Wednesday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.