Google: American phenomenon and antitrust target
Google is more than a fabulously successful company -- it is a cultural phenomenon facing increasing U.S. government scrutiny despite its chief executive's campaign support for President Barack Obama.
Stress tests show top banks need $74.6 billion more
U.S. regulators told top banks on Thursday to raise $74.6 billion to build a capital cushion officials hope will restore faith in financial firms and set a course out of the deepest recession in decades.
Investors seek clarity from stress test results
The U.S. government was preparing on Thursday to draw a line separating the weak from the strong in the banking sector in an attempt to put the worst of the financial crisis behind it.
U.S. calls for credible 2010 Sudan election
U.S. special envoy Scott Gration called on Sudan on Thursday to carry out credible elections, due next year, and pledged Washington's support for a referendum on southern independence set for 2011.
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Obama seeks to trim 2010 budget by $17 billion
President Barack Obama, facing criticism from Republicans as well as fellow Democrats over huge budget deficits, will propose on Thursday shaving $17 billion from a 2010 budget that will still hover around $3.5 trillion, an administration official said on Wednesday.
Afghan deaths cast shadow on Obama, Karzai meeting
President Barack Obama warned on Wednesday of more violence in Pakistan and Afghanistan, but said his government was still committed to defeating al Qaeda, while trying to avoid civilian deaths on those countries.
White House skips National Day of Prayer commemoration
The White House has for the past eight years commemorated the National Day of Prayer with a service in the East Room, this year however will be different as President Obama decided against holding a public ceremony.
Pakistan says kills 64 Taliban ahead of U.S. talks
Pakistani security forces attacked Taliban fighters on Wednesday killing at least 64 of them, the military said, after the United States called on the government to show its commitment to fighting militancy.
Obama wants alliance with Afghan, Pakistan heads
U.S. President Barack Obama will urge the leaders of Pakistan and Afghanistan to put aside a history of mistrust and join Washington in an alliance against Islamic extremists at a White House meeting on Wednesday, senior administration officials said.
Many stress test banks won't need help: Bernanke
Federal Reserve Chairman Ben Bernanke, seeking to soothe markets worried about the eagerly awaited government stress tests of 19 big banks, on Tuesday downplayed the possibility of new taxpayer bailouts.
U.S. presses Israel on two-state solution, settlements
The Obama administration stepped up pressure on Israel's new government on Tuesday to accept the goal of a Palestinian state and halt expansion of Jewish settlements on occupied land.
U.S. drafts rule to lower CO2 output from biofuels
NEW YORK - U.S. President Barack Obama's administration issued a draft rule on Tuesday aiming to cut greenhouse gasses emitted by biofuels but confirming his predecessor's target for production of corn-based ethanol.
Fed rejects request to help credit card holders
The U.S. Federal Reserve rejected a request to force credit card companies to immediately halt retroactive interest-rate increases on existing balances, Democratic Senator Charles Schumer said on Tuesday.
U.S. Fed rejects request to help credit card holders
The U.S. Federal Reserve rejected a request to force credit card companies to immediately halt retroactive interest-rate increases on existing balances, Democratic Senator Charles Schumer said on Tuesday.
Obama to meet Afghan, Pakistani leaders on strategy
President Barack Obama presents his strategy for defeating al Qaeda to the leaders of Afghanistan and Pakistan on Wednesday amid growing U.S. concern that it is losing the war and neither is a reliable ally.
Dissident Chrysler lenders step up opposition
A small group of Chrysler's lenders on Tuesday raised further objections to the Obama administration's plan for a quick dash through bankruptcy and called on the judge overseeing the case to block the effort.
Funds Hoodwinked: Peter Schiff's Editorial in the New York Post
This week, the Obama Administration failed to push through a reorganization plan for Chrysler that would have, among other things, used government bailout money to give the United Auto Workers a majority stake in the company.
Obama, lawmakers agree on cash-for-clunkers bill
President Barack Obama and Democratic lawmakers reached agreement on Tuesday on a legislative proposal designed to stimulate U.S. auto sales, which have fallen to near 30-year lows.
Obama intends to nominate new chair of CPSC
President Barack Obama announced Tuesday his intent to nominated Inez Moore Tenenbaum as new chair of the Consumer Product Safety Commission (CPSC) and Robert S. Adler as a new commissioner of the agency, according to a White House’s statement
Chrysler gets court OK on loan, seeks Fiat sale
U.S. automaker Chrysler LLC won interim court approval on Monday to access a $4.5 billion bankruptcy loan from the U.S. and Canadian governments, pushing it further along toward its planned sale to Italy's Fiat SPA .
CORRECTED: Chrysler gets court OK on loan, seeks Fiat sale
(Corrects reference to public bankruptcy in 5th para)
Netanyahu says ready for peace talks right away
Israel's prime minister said on Monday he was ready to begin Israeli-Palestinian peace talks immediately but he made no reference to a Palestinian state, an omission that has dismayed Arab, European and U.S. officials.
Gates says U.S. to persist with Iran overtures
The United States will persist for now with diplomatic overtures to Iran despite the lack of a positive response from Tehran, Defense Secretary Robert Gates said on Tuesday.
Obama picks chair for Consumer Product Safety board
President Barack Obama chose a former South Carolina education superintendent to lead the Consumer Product Safety Commission and announced plans to increase the number of its commissioners, the White House said on Tuesday.
U.S. House climate control negotiations intensify
Negotiations in the U.S. House of Representatives on how to cut industrial pollutants that cause global warming reach a critical stage this week as President Barack Obama huddles with key lawmakers on Tuesday and Republicans ready for a fight.
About 10 U.S. stress test banks to need more capital
About 10 of the 19 largest U.S. banks being stress tested will be instructed by regulators to raise more capital, according to a source familiar with official talks.
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