BARACK OBAMA

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Twelve senators named to Wall St reform panel

The Senate named 12 senators, including tough Wall Street critics and more moderate members, Tuesday to a panel that will finalize the most sweeping overhaul of financial regulations since the 1930s.

Shareholders sue BP for spill liability

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Shareholders have sued the board of BP Plc for failing to monitor safety and exposing the company to potentially enormous liability related to the Deepwater spill disaster in the Gulf of Mexico, according to court documents.
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China avoids commitment to U.S. on currency

China struck a conciliatory note at the opening of talks with the United States on Monday by vowing to spur domestic demand and keeping a guarded opening to exchange rate reform, which the Obama administration says is needed to rebalance the global economy.
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China's Hu tells U.S. he wants gradual yuan reform

China will stick to gradual reform of its yuan currency, President Hu Jintao told the United States at the start of high-level talks on Monday in which North Korea emerged as a point of potential contention.
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Arizona border businesses lose key Mexican clients

Adalberto Lopez' family-run musical instrument shop in the bustling Arizona border city of Nogales sells guitars and accordions to foot-stomping banda musicians and mariachis who cross up from Mexico to shop.
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Factbox: Comparing EU and U.S. financial reform

The Senate approved a reform of Wall Street on Thursday and President Barack Obama may be signing into law the most sweeping changes to financial rules since the 1930s as soon as next month.
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Obama meeting Dodd, Frank on financial reform

President Barack Obama will meet on financial reform on Friday with Senator Christopher Dodd, the chairman of the Senate banking committee, and Representative Barney Frank, chairman of the House financial services committee, the White House said.
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EU braces for fiscal scrutiny as $1 trillion rescue in works

Germany is poised to approve on Friday the lion's share of a $1 trillion safety net for financially troubled euro zone nations as an EU task force looks to toughen regulations within the bloc blighted by a debt crisis that has cast a pall over global economic health.
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Final vote on Wall Street reform bill seen in Senate

The Senate will pass a sweeping reform of financial regulation on Thursday night, said an aide to Senate Democratic Leader Harry Reid, capping months of wrangling over the biggest overhaul of financial rules since the 1930s.
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White House: Lincoln proposal very strong

A proposal from Democratic Senator Blanche Lincoln to force banks to separate swap trading desks from core operations as part of the financial regulation overhaul is a very strong proposal, a White House official said on Thursday.
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Fighting cancer: Diet, scant exercise problems

(Reuters) - The United States does not produce or import anywhere near enough fruits and vegetables to provide Americans the right kind of diet to prevent cancer, government researchers said on Wednesday.
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Senate fails to end debate on bank reform bill

In a setback for the Obama administration, Senate Democrats failed to muster enough votes on Wednesday to end debate on the biggest overhaul of financial regulation since the 1930s, delaying a vote on passage.
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Tougher Wall St reform backers running out of time

A handful of Senate Democrats on Wednesday were pushing at the eleventh hour to make a sweeping Wall Street reform bill even tougher, but they were running out of time as a key procedural vote approached.

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