BARACK OBAMA

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Chrysler gets court approval on loan, Opel heats up

Chrysler won interim approval from a U.S. bankruptcy court to access a $4.5 billion loan as it tried to move ahead in its planned alliance with Fiat SpA, while the Italian automaker advanced its bid for General Motors Corp's European Opel brand.

Obama faces climate test with EPA rule on ethanol

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President Barack Obama's administration will face a big test on fighting climate change when it seeks to determine if ethanol, the top U.S. alternative motor fuel, cuts greenhouse gas emissions.

Tense talks as U.S. bank stress tests near completion

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The largest U.S. banks made the case to regulators on Monday that they have the financial firepower to withstand a deeper recession, as Bank of America denied a report it was trying to raise capital of $10 billion.
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U.S. banks make final plea as stress tests conclude

The United States' largest banks made their case to regulators on Monday that they have the financial firepower to withstand a deeper recession, as Bank of America denied a report it was trying to raise $10 billion.
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U.S. sanctions will not halt nuclear work: Iran

Iran will not suspend its disputed nuclear program even if the United States imposes sanctions targeting companies that ship fuel to the Islamic Republic, a Foreign Ministry spokesman said Monday.
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Pakistan battles Taliban

Pakistani forces battled Taliban fighters on Monday as the militants denounced the army and government as U.S. stooges and said a peace pact would end unless the government halted its offensive.
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Obama to outline international tax proposals

President Barack Obama on Monday will propose raising billions in new tax revenue by changing tax policies for U.S. firms with overseas operations, according to administration officials familiar with his plan.
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Obama to meet Afghan, Pakistan 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 it is losing the war and neither is a reliable ally.
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Obama seeks tax changes for U.S. firms overseas

President Barack Obama on Monday will propose changing provisions in the tax code that he says encourage U.S. companies to move jobs overseas, as part of a broader package aimed at saving $210 billion over 10 years.
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EU urges Internet governance revamp

The body in charge of assigning Internet addresses such as .com and .net should be shorn of its U.S. government links from October and made fully independent, the European Union's information society chief said on Monday.
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Obama says financial sector to shrink

The financial sector will make up a smaller part of the U.S. economy in the future as new regulations clamp down on massive risk-taking, President Barack Obama said in an interview published on Saturday.
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Mexico sees flu stabilizing but world on guard

Mexico's flu outbreak appeared to be stabilizing on Saturday but officials warned it was too early to ease vigilance against an unpredictable virus which still threatens a global pandemic.
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Cyber chief needs to be in White House: experts

The cybersecurity chief named to battle Internet viruses and larger challenges facing the information technology networks used by U.S. companies and national defense should be based in the White House, experts told a congressional panel on Friday.
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U.S. confidence rising but auto sales still weak

U.S. consumers felt much more upbeat about the economy in April, a month when the country's battered manufacturing sector also appeared to be crawling out of a deep recessionary hole, reports showed on Friday.
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Biden to visit Balkan states in mid-May

U.S. Vice President Joe Biden will visit Bosnia, Serbia and Kosovo during the week of May 18, focusing on a region that so far has not been high on the Obama administration's foreign policy agenda.
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Consumer sentiment soars as confidence returns

U.S. consumers felt more confident about the economy last month than at any time since the September failure of Lehman Brothers that pushed global banking to the brink of collapse, a survey showed on Friday.
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U.S. confidence rising as economic gloom abates

U.S. consumers felt much more upbeat about the economy in April, a month when the nation's manufacturing sector also appeared to be crawling out of a deep recessionary hole, reports showed on Friday.

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