BARACK OBAMA

Hackers 'kill' Obama on Independence Day

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It's a unique way of celebration for hackers on this Independence day. Taking control of the Fox News Politics Twitter feed and spreading hoax news announcing the death of President Barack Obama, is their style.
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U.S. Treasury Secretary Timothy Geithner

Geithner Reaffirms Aug. 2 U.S. Debt Ceiling Deadline

The nation's highest-ranking fiscal official Friday reaffirmed the Aug. 2 deadline for raising the U.S. debt ceiling -- urging Congress to act soon to avoid the catastrophic economic and market consequences of a default crisis by raising the statutory debt limit in timely manner.

Lockheed Martin Axing 1,500 Jobs Amid Looming Defense Spending Cuts

Lockheed Martin Corp. (NYSE: LMT) said it will cut about 1,500 jobs at the Aeronautics unit in a move to curb costs and offer better priced products to customers. Added to the costs, President Barack Obama's goal of reducing defense spending by $400 million is also a burden on Lockheed Martin.
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Geithner mulls leaving Treasury post: sources

Treasury Secretary Timothy Geithner is considering stepping down later this year, but will not make any decision until after debt limit negotiations conclude, people familiar with his thinking said on Thursday.
U.S. General David Petraeus

U.S. Senate Confirms Petraeus as CIA Chief

The U.S. Senate on Thursday unanimously confirmed Gen. David H. Petraeus, now commander of U.S. and NATO forces in Afghanistan, to be the next director of the Central Intelligence Agency.
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Geithner mulling departing post: report

Treasury Secretary Timothy Geithner has signaled to White House officials that he is considering leaving the administration after a deal to raise the U.S. debt limit is reached, Bloomberg News reported on Thursday, citing three anonymous sources.
U.S. Treasury Secretary Timothy Geithner

Geithner Mulls Stepping Down: Report

In order to take a break from government service, U.S. Treasury Secretary Timothy Geithner is considering leaving his post after President Barack Obama and Congress reach an agreement on raising the national debt ceiling.
U.S. Senate Minority Leader Mitch McConnell, R-Ky.

Senate Republican Invites Obama to GOP Lunch; President Declines

In an attempt to put it all on the table, the U.S. Senate's top Republican invited President Obama to a GOP lunch at the Capitol to discuss the ongoing dispute over the debt ceiling and related issues, but the White House on Thursday declined the invitation.
U.S. General David Petraeus

Senate Confirms Petraeus as CIA director

The Senate voted unanimously 94-0 to confirm General David Petraeus, the top American commander in Afghanistan to be the new director of the Central Intelligence Agency.
U.S. Attorney General Eric Holder

U.S. Justice Department To Probe Detainee Deaths

The U.S. Justice Department has launched an investigation into the deaths of two CIA detainees during the Bush administration, Attorney General Eric Holder Jr. said in an emailed statement Thursday.
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Obama to do Twitter session on economy on July 6

President Barack Obama will hold a town hall meeting on the U.S. economy and jobs on July 6, the White House said on Thursday, but it will be in the virtual world of Twitter, not a brick and mortar building.

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