Obama hold first talks with India PM
US President Obama will meet India Prime Minister Manmohan Singh for the first time at G20 summit in London on Thursday.
U.S. map shows off-limits areas for renewable energy projects
Amid the current push for clean energy by President Barack Obama, Google Inc. and environmentalists have launched a map service to help renewable energy project managers see off-limits areas in the western U.S. where new infrastructure would cause significant damage to the environment.
Bank of America CEO: Repaying U.S. may take a while
Bank of America Corp Chairman and Chief Executive Kenneth Lewis said it may take several quarters for the bank to repay its $45 billion of federal bailout money, although he believes the U.S. economy may bottom out in the second half of this year.
House, Senate near passage of 2010 budget
The Democratic-controlled U.S. Congress on Thursday moved toward passing a federal budget that embraces President Barack Obama's initiatives on healthcare, energy and education but leaves the government deeply in debt for the foreseeable future.
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G20 leaders craft crisis response
World leaders are set to declare an end to unfettered capitalism at a G20 summit on Thursday after France and Germany demanded they act fast on promises to prevent a repeat of the worst economic crisis since the 1930s.
GM says UAW contract changes could save $1.1 billion
Changes to General Motors Corp's contract with the United Auto Workers union could save the automaker $1.1 billion or more in hourly labor costs, GM said in a report to the U.S. Treasury released on Wednesday.
US, Russia hold talks to reduce nuclear Warheads
US President Barrack Obama and Russian President Dmitry Medvedev committed to launch negotiations on a new nuclear arms treaty to reduce nuclear warheads on Wednesday, issuing a broader cooperation pact across a wide range of policy areas.
Obama calls for unity as Splits surface G20
US President Barack Obama said that all the participating countries at G20 summit should work together to tackle the global financial crisis and should recognize they had to forget their occasional differences on how to promote economic growth and trade.
No soul-searching, no Colgate in Obama's G20 diplomacy
There was no peering into anyone's soul, and there was no bonding over Colgate toothpaste.
GM U.S. sales drop 45 percent, sees signs of bottom
General Motors Corp on Wednesday reported a 45 percent decline in auto sales for March in the U.S. market, but the drop was broadly within expectations for the struggling automaker.
Obama sees G20 consensus, France unhappy
U.S. President Barack Obama said on Wednesday there was enormous consensus between the largest developed and emerging economies on plans to haul the world out of the deepest downturn since the 1930s.
Rich urged to make deeper CO2 cuts
China, India and other developing nations joined forces on Wednesday to urge rich countries to make far deeper cuts in greenhouse gas emissions than planned by 2020 to slow global warming.
Obama sees consensus, France unhappy
U.S. President Barack Obama said on Wednesday there was enormous consensus between the largest developed and emerging economies on plans to haul the world out of the deepest downturn since the 1930s.
Obama downplays G20 split on eve of summit
U.S. President Barack Obama said on Wednesday there was enormous consensus between the world's largest developed and emerging economies on plans to haul the world out of the deepest downturn since the 1930s.
Obama plays down G20 splits
U.S. President Barack Obama denied rifts between the world's leading economies on the eve of a crisis summit and urged them on Wednesday to act together to find the fastest route out of global recession.
Europe gets car sales tonic amid GM, Chrysler woes
European car markets reported tentative shoots of recovery on Wednesday but Honda moved to further cut U.S. output as General Motors Corp faced a rising bankruptcy risk and Chrysler raced to secure its survival.
Russian and US make new arms pact
Russia and the United States will pursue a new deal to cut nuclear warheads, presidents Dmitry Medvedev and Barack Obama said on Wednesday, making good on a pledge to rebuild relations from a post-Cold War low.
France unhappy as US sees consensus at G20
U.S. President Barack Obama said on Wednesday there was enormous consensus between the world's largest developed and emerging economies on plans to haul the world out of the deepest downturn since the 1930s.
Taliban say U.S. reconciliation offer lunatic
Taliban insurgents rejected on Wednesday a U.S. offer of honorable reconciliation as a lunatic idea and said the withdrawal of foreign troops was the only way to end the war in Afghanistan.
World stocks mixed as G20 meet on economy
World stocks kicked off a new quarter Wednesday with strong gains in Japan and losses in Europe after registering their best monthly performance since December 1999.
EU says U.S. emission plan to help in climate deal
The European Union's executive arm welcomed on Wednesday a new U.S. plan on cutting greenhouse gas emissions, saying the proposal would facilitate a global deal late this year on fighting climate change.
Activists seek to oust AIG compensation chief: report
Activist investors are looking to block the re-election of American International Group Inc director James Orr, chairman of the insurer's board's compensation committee, the Wall Street Journal said.
Fiat chief in Detroit for Chrysler talks
Fiat SpA's CEO was set for talks with Chrysler LLC labor unions and creditors in Detroit after U.S. authorities gave the carmakers 30 days to set up a partnership to save the ailing U.S. group.
General Motors sees bankruptcy risk
General Motors warned on Tuesday there was a rising chance it could file for bankruptcy by June as Fiat and Chrysler executives met in a race to complete a tie-up the U.S. government has said Chrysler needs to survive.
Democrats launch push for climate change bill
Democrats in the U.S. House of Representatives launched a sweeping effort on Tuesday to control greenhouse gas emissions and at the same time help industries that will struggle to meet the proposed environmental requirements.
Iran pledges Afghan help in new gesture to U.S.
Iran offered help in combating the Afghan drugs trade on Tuesday, in a gesture to a U.S. call for regional support in Afghanistan that Secretary of State Hillary Clinton described as promising.
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