Iran's Ahmadinejad rejects Western nuclear proposal
Iran's President Mahmoud Ahmadinejad on Monday rejected a Western proposal for it to freeze its nuclear work in return for no new sanctions and ruled out any talks with major powers on the issue.
Obama statement on North Korea nuclear test
President Barack Obama on Monday expressed grave concern over North Korea's nuclear test.
Italy willing to take Guantanamo inmates
Italy would be willing to help the United States take some prisoners from the Guantanamo Bay prison but it will act in harmony with other European Union countries, Prime Minister Silvio Berlusconi said.
Obama says North Korea nuclear test a grave concern
President Barack Obama said on Monday that nuclear and missile tests conducted by North Korea were a grave concern to all nations and a legal violation that warranted action by the international community.
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Obama confident GM can thrive after restructuring
U.S. President Barack Obama said in an interview released on Saturday he was confident General Motors would thrive after restructuring, but he made no mention whether the ailing automaker might have to enter bankruptcy to complete reorganization.
Novel ideas surface for U.S. banks' executive pay
As the Obama administration looks for ways to reform executive pay in the banking industry, novel ideas are surfacing on how to move away from stock options as a key component of compensation.
Obama walks tightrope on climate change
U.S. President Barack Obama is walking a tightrope on climate change -- and so far appears to be achieving a delicate balance.
New Jersey seeks laid-off traders to teach math
When Scott Brooks got laid off by American Express in February he decided to turn his back on finance and revive a dream he gave up on many years ago -- to become a math teacher.
Obama signs new credit card bill into law
President Barack Obama signed Friday a bill restricting credit card practices into law at a White House ceremony in the Rose Garden.
Obama signs sweeping credit card reform bill
U.S. President Barack Obama signed into law on Friday sweeping reforms that restrict credit card interest rates and fees, marking a victory for Democrats trying to help recession-weary consumers.
Stocks gain on dollar bets, rating comment
Stocks advanced on Friday on hopes that a weaker dollar would increase multinationals' profitability while Moody's reassuring comments eased some concerns about the U.S. credit rating.
GM bondholders to reject offer, gird for bankruptcy
General Motors Corp's biggest bondholders plan to reject the company's current offer for a 10 percent equity stake, a spokesman for the creditors said on Friday.
Obama signs law to reform Pentagon weapons buying
President Barack Obama, seeking to end the schedule delays and cost overruns that plague U.S. defense spending, signed a law on Friday to reform the way the Pentagon purchases major weapons systems.
Geithner says Obama, Congress will reduce deficit in 2011
U.S. Treasury Secretary Timothy Geithner said Thursday that the Obama administration and Congress will be working together to reduce the nation’s deficits once the recovery is underway.
U.S. closes BankUnited, sells to private equity
U.S. bank regulators seized troubled Florida lender BankUnited FSB and sold it to some of the most powerful private equity firms in the world.
Soaring costs raise stakes for healthcare revamp
Forecasts of dramatic jumps in U.S. medical costs are pushing lawmakers to reach a deal on a major healthcare revamp that seeks to extend coverage to all Americans, a leading U.S. senator said on Thursday.
GM and UAW reach deal with U.S. government on restructuring
General Motors Corp cleared a key obstacle in its restructuring on Thursday as the United Auto Workers agreed to cut labor costs and accept new terms for a $20 billion union retiree healthcare obligation.
Burns named to replace Mulcahy as Xerox CEO
Xerox Corp said on Thursday Anne Mulcahy, who has been credited with revitalizing the world's top supplier of digital printers and document management services, will retire as chief executive in July and be replaced by Ursula Burns.
Iran nuclear bomb would be calamitous: U.S. military
The consequences of Iran acquiring a nuclear weapon would be calamitous and major powers must act together to prevent it, the top U.S. military officer said on Thursday.
Suspects in NY jihad plot due in court
New York's mayor and police chief sought to calm Jewish worshipers on Thursday, the morning after authorities said they foiled a plot to blow up two synagogues and simultaneously shoot down military planes.
Obama tries to ease fears over Guantanamo
President Barack Obama sought on Thursday to quell a domestic backlash against his efforts to close the internationally condemned U.S. prison at Guantanamo Bay and roll back some of the most divisive Bush-era anti-terrorism policies.
Israel removes West Bank settler outpost
Israeli police broke up an unauthorized settler outpost in the occupied West Bank on Thursday, bulldozing makeshift cabins, police said.
FACTBOX: Details about the U.S. prison at Guantanamo Bay
President Barack Obama on Thursday will discuss his plan for closing the U.S. military prison at Guantanamo Bay, Cuba, in an effort to stop a revolt by lawmakers concerned that some of the detainees could be set free in the United States.
U.S. keeps nuclear don't ask, don't tell: Israel aide
The U.S. administration of President Barack Obama will not force Israel to state publicly whether it has nuclear weapons, an Israeli official said on Thursday.
Pakistan says nuclear reports are malicious
News reports about Pakistan's nuclear arsenal, including questions about its safety, are part of a malicious campaign that is counter-productive to efforts to defeat terrorism, a Pakistani spokesman said on Thursday.
Obama to lay out framework for closing Guantanamo
President Barack Obama on Thursday will outline his strategy for closing the U.S. prison at Guantanamo Bay, hoping to defuse a revolt by lawmakers over the fate of an internationally reviled symbol of Bush-era detainee policy.
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