BARACK OBAMA

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Obama speech to Muslims key to new U.S. strategy

President Barack Obama will try to repair America's tarnished image in the Muslim world on Thursday, as he looks to mobilize support for restarting Middle East peacemaking and thwarting Iran's nuclear ambitions.

GM closer to bankruptcy as bondholders smooth way

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General Motors Corp and the U.S. government finalized plans on Sunday for the battered automaker to reorganize, as a majority of debtholders helped clear the way to a massive bankruptcy filing expected on Monday.

GM bondholder deadline passes as bankruptcy looms

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General Motors Corp finished a key piece of business on Saturday before a bankruptcy filing planned for Monday as the deadline expired for bondholders to accept an exchange offer brokered by the Obama administration.
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Germany seals deal to save Opel

Germany heaved a sigh of relief on Saturday over a deal with Canadian auto parts group Magna, General Motors and the U.S. government to save carmaker Opel from the imminent bankruptcy of its U.S. parent.
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Germany seals deal to save Opel, Obama helps

Germany heaved a sigh of relief on Saturday over a deal with Canadian auto parts group Magna, General Motors and the U.S. government to save carmaker Opel from the imminent bankruptcy of its U.S. parent.
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Obama to name White House cybersecurity czar

President Barack Obama said he will name a White House-level czar to coordinate government efforts to fight cybercrime, saying such acts have become epidemic and even touched his presidential campaign.
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Obama to select cyber czar

President Barack Obama has said that the US has had inadequate protection over its computer networks for too long, adding that he will name a new cyber czar to oversee the nations computer defense system.
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Obama to name White House cyber official

President Barack Obama said on Friday he would name a top cybersecurity official to the White House as he released a report that recommended how to safeguard the nation's cyber network.
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Obama to cement Saudi ties on surprise trip

U.S. President Barack Obama is likely to hear Saudi Arabia's King Abdullah air his worries about the festering Arab-Israeli conflict and rising Iranian influence when he visits Riyadh next week.
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Pentagon plans new cyberspace war command

The Pentagon plans to create a new military command for cyberspace, stepping up preparations by the armed forces to conduct both offensive and defensive computer warfare, the New York Times said on Friday.
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Pentagon plans new cyberspace war command: report

The Pentagon plans to create a new military command for cyberspace, stepping up preparations by the armed forces to conduct both offensive and defensive computer warfare, the New York Times said on Friday.
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Futures point to higher Wall Street open

Futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes rose 0.3-0.5 percent on Friday, pointing to a higher start on Wall Street.
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Obama meets Abbas, presses Israel on settlements

President Barack Obama on Thursday ratcheted up pressure on Israel to freeze settlements as he sought to reassure visiting Palestinian President Mahmoud Abbas of U.S. support for Palestinian statehood.
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Obama meets Abbas as Israel defends settlements

Palestinian President Mahmoud Abbas met President Barack Obama on Thursday to urge stronger U.S. pressure on Israel to halt settlement building even as the Jewish state rebuffed Washington's latest appeal.
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Job losses muddy outlook for U.S. housing comeback

A pickup in U.S. home sales has kindled hopes for a housing recovery, but plunging prices, rising unemployment and a new wave of foreclosures are clouding prospects for a quick end to the American real estate debacle.
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Uninsured face avalanche of health costs

With unemployment rising to its highest level in more than a quarter century, more Americans are confronting the double crisis of losing both their jobs and their employer-sponsored insurance, which covers 177 million people.
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Obama seeks growth in biofuels beyond ethanol

President Barack Obama said on Wednesday he wants to see new types of biofuels commercialized as quickly as possible, but the corn-based ethanol industry needs to remain viable in the meantime.
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War of words over Opel as GM bankruptcy looms

A rift between Berlin and Washington threatened to torpedo Germany's goal of shielding Opel from the imminent bankruptcy of its parent General Motors , raising the risk of insolvency for the German carmaker.
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Clinton urges Israel settlement halt, no exception

The United States wants Israel to stop expanding Jewish settlements without exception, U.S. Secretary of State Hillary Clinton said on Wednesday, promising that Washington would push this point with its ally.
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Battle takes shape over U.S. court pick Sotomayor

The battle over U.S. Supreme Court nominee Sonia Sotomayor began to take shape on Wednesday as liberal supporters praised her as an independent legal thinker and conservatives argued she likely would rule based on her emotions rather than established precedent.
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OPEC stays the course, hopes for high prices

OPEC ministers set their sights on oil prices above $70 a barrel as they gathered for talks in Vienna, but they were expected to hold output steady and rely instead on economic recovery to push the market up.

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