BARACK OBAMA

IBTimes Logo

Treasury ready to twist arms over consumer agency

The Treasury Department is warning the financial services industry that it will not back down from its proposal to create a new consumer protection agency, even while lobbyists build a warchest and strategy to defeat the plan.

Media players plot survival in Sun Valley

IBTimes Logo
The global recession, shrinking advertising sales and fears that the Internet could render big media empires obsolete provide an ominous backdrop for executives at this week's Sun Valley conference.

GM to get final $20 billion in funding this year

IBTimes Logo
General Motors Corp has been given about a third of the bankruptcy financing promised by the U.S. Treasury and will get the remaining $20 billion over the remainder of the year, a senior U.S. official said on Monday.
IBTimes Logo

Reaction to U.S.-Russia summit

The following are analysts' comments on agreements reached on Monday between U.S. President Barack Obama and Russian President Dmitry Medvedev.
More news
IBTimes Logo

Media players plot survival at Sun Valley confab

The global recession, shrinking advertising sales and fears that the Internet could render big media empires obsolete provide an ominous backdrop for executives at this week's Sun Valley conference.
IBTimes Logo

British troops expand major Afghan operation

Hundreds of British troops have seized key canal crossings in a Taliban stronghold in southern Afghanistan, military officials said on Friday, part of a new U.S.-led operation to wrest the initiative from insurgents.
IBTimes Logo

Russia hopes Obama visit restores trust: Kremlin

Russia hopes next week's visit by U.S. President Barack Obama will help restore confidence between the two biggest nuclear powers, a Kremlin aide said on Friday, after strains over Georgia and a U.S. missile shield plan.
IBTimes Logo

Cost cutting in U.S. to drive BPO healthcare business

Outsourcing of healthcare services is expected to gain momentum as the prolonged slowdown forces U.S.-based government agencies and healthcare firms to cut spiraling costs and deal with a shortage in qualified personnel.
IBTimes Logo

Obama's climate leadership faces test at G8 forum

President Barack Obama, buoyed by a domestic victory on climate policy, faces his first foreign test on the issue next week at a forum that could boost the chances of reaching a U.N. global warming pact this year.
IBTimes Logo

Russians cool towards Obama visit

Adoring fans have flocked to see him on visits around the world, but Barack Obama should expect a far cooler reception in Russia next week.
IBTimes Logo

Iran demands EU apology before any nuclear talks

Iran, stung by European Union criticism of its handling of post-election unrest, on Wednesday accused the 27-nation bloc of meddling and demanded an apology before any more talks on Tehran's disputed nuclear program.
IBTimes Logo

OAS sends Honduras an ultimatum after coup

Honduras faced growing pressure to reinstate ousted President Manuel Zelaya on Wednesday after the Organization of American States set a 72-hour deadline to end a crisis triggered by a military coup.
IBTimes Logo

Plug-in autos charged overnight OK for grid

If plug-in hybrid vehicles proliferate as expected, utilities will be able to handle the added power demand without building new plants or straining transmission power grids as long as owners plug in overnight, the New York grid manager said in a report issued on Monday.
IBTimes Logo

Climate bill spurs less green power than hoped

The renewable energy mandate in the climate change bill approved by the House of Representatives last week does not go far enough for green power proponents, but the proposed national standard is likely as strong as it will get.
IBTimes Logo

Obama focuses on Senate after first climate win

President Barack Obama, fresh from his first legislative victory on climate policy, expressed confidence on Monday that new greenhouse gas emission limits would become law with help from the U.S. Senate.
IBTimes Logo

Madoff gets 150 years for massive investment fraud

Bernard Madoff was sentenced on Monday to 150 years in prison -- the maximum penalty the judge could give him for extraordinarily evil crimes in Wall Street's biggest and most brazen investment fraud.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.