BARACK OBAMA

IBTimes Logo

Obama's rescue plan delayed one week: report

President Barack Obama's administration has delayed the presentation of its full financial rescue plan by one week until the second week of February, senior officials in the administration said, according to CNN.

Consumers' mood improves slightly in January

IBTimes Logo
Consumer confidence rose to a four-month high in January, helped by optimism that President Barack Obama's new administration might bring relief from a year-long recession, a survey showed on Friday.
More news
IBTimes Logo

Financial stocks surge on federal aid optimism

Shares of major banks in the U.S. rose early Wednesday pulling up the financial sector on optimism that President Barack Obama's administration may go ahead with a plan to buy bad assets in the financial system creating the so-called bad bank.
IBTimes Logo

Citigroup sets aside jet purchase after Obama admin pressure

The efforts of the U.S. government and the Treasury Department to avoid misuse of bailout funds amid an unprecedented financial crisis in America has led Citigroup Inc. on Tuesday to cancel its move to take possession of a new corporate jet which had planned to buy.
IBTimes Logo

Hamas bombs and Israel responds with airstrike

On Tuesday Palestinian militants detonated a bomb that killed an Israeli soldier patrolling near Gaza, to this, Israel responded with an airstrike, straining the fragile cease-fire on the eve of a visit by President Barack Obama's new Mideast envoy.
IBTimes Logo

Obama won't budge on tax rebates in stimulus talks

President Obama met with Republican leaders Tuesday afternoon to discuss the shape an economic stimulus package for the economy should take, telling them he wouldn't compromise on tax rebates for low income households, according to a report.
IBTimes Logo

Last Week Recap - 27/01/2009

The Australian Dollar continued last week to be bogged down in a 4 cent trading range with the low being 0.6414 and the high being 0.6839. With the local data out during the
IBTimes Logo

Bill Gates' charity takes hit in crisis, will boost spending

Bill Gates, now working full time at his philanthropic foundation - the world's largest - says its assets lost 20 percent of the their value in 2008, but said spending would increase as it seeks to tackle global inequity ranging from education, to health issues.
IBTimes Logo

GM faces Obama's new climate policies

General Motors responded to President Barack Obama's address on climate policies Monday, saying it was working aggressively to develop better hybrids and electric cars to reduce emissions and improve mileage.
IBTimes Logo

General Motors faces Obama's new climate policies

General Motors responded to President Barack Obama's address on climate policies Monday, saying it was working aggressively to develop better hybrids and electric cars to reduce emissions and improve mileage.
IBTimes Logo

Blagojevich considered Oprah for Senate

Illinois' beleaguered Gov. Rod Blagojevich said Monday that he considered appointing talk show queen Oprah Winfrey with President Barack Obama's senate seat.
IBTimes Logo

Change Leadership

Kellogg School professors weigh in on the management lessons awaiting President Barack Obama
IBTimes Logo

The World Won't Buy Unlimited U.S. Debt

Barack Obama has spoken often of sacrifice. And as recently as a week ago, he said that to stave off the deepening recession Americans should be prepared to face trillion dollar deficits for years to come.
IBTimes Logo

First BlackBerry in White House

On Thursday, White House press secretary Robert Gibbs confirmed at Thursday's press briefing that President Obama has held on to his beloved smart phone, though he did not provide details on what kind of BlackBerry the president is using.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.