BARACK OBAMA

Inside Cuba, small businesses ramp up tourism offer

Communist Cuba's recent easing of red tape for private enterprise is improving services for tourists in provincial towns on the Caribbean island, with hundreds of new restaurants and lodgings opening up.

Breakthrough after U.S. warns China on North Korea

The United States warned China it would redeploy forces in Asia if Beijing failed to rein in North Korea, an Obama administration official said on Friday, as Pyongyang bowed to Seoul's demands for crisis talks.
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Stock index futures point to flat open

U.S. stock index futures pointed to a flat open on Monday, with futures for the S&P 500 up 0.04 percent, Dow Jones futures down 0.03 percent and Nasdaq 100 futures up 0.1 percent at 5:27 a.m. ET.
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France's Sarkozy to lay out ambitious G20 goals

President Nicolas Sarkozy will spell out his plans for reforming the international monetary system and curbing volatility in food and fuel prices on Monday in a keynote speech on France's year-long G20 presidency.
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Bar set high as stocks eye pullback

The much anticipated pullback is finally under way, some investors say, after a mid-week wobble. But the market is showing it still has some juice left -- if earnings can meet towering expectations.

China media lauds Hu's U.S. visit as masterstroke

Chinese media praised President Hu Jintao's visit to the United States on Friday as a diplomatic masterstroke in easing tensions, but reports largely ignored thornier questions of currency and human rights.
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Obama names GE's Immelt head of new economic panel

President Barack Obama will name General Electric Co. Chief Executive Jeffrey Immelt to head a new advisory panel focused on promoting economic growth by investing in business, the White House said on Friday.
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Obama names Immelt head of new economic panel

President Barack Obama will name General Electric Co. Chief Executive Jeffrey Immelt to head a new advisory panel focused on promoting economic growth by investing in business, the White House said on Friday.

China's Hu rapped by Congress, assures U.S. in speech

Chinese President Hu Jintao got an earful of U.S. lawmakers criticism on North Korea and human rights on Thursday, but tried to assure the United States that China's military and trade policies were not a threat.
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P&G, big U.S. firms push for lower corporate rate

The top executive of Procter & Gamble Co took the business case for lower taxes to U.S. lawmakers on Thursday, although political leaders see a long road ahead to the tax rewrite that could cut the rate.

China knows yuan move in its interest, Biden says

China understands a stronger yuan is in its best interest although President Hu Jintao made no specific commitment to let the currency rise more rapidly, U.S. Vice President Joe Biden told Reuters on Thursday.

Hu says China no threat, seeks win-win US ties

Chinese President Hu Jintao on Thursday called for closer U.S.-China cooperation on economic and security issues, especially in the Asia Pacific region where both countries have strong interests.
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Housing and jobs numbers signal firmer economy

U.S. home resales jumped more than expected in December and claims for new jobless claims last week posted their biggest decline in nearly a year, showing two key economic trouble spots on the mend.

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