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Updated: 12 years 25 weeks ago

Presidential ballot box makes rounds at media fest

Wed, 2024-11-27 04:29
SUN VALLEY, Idaho (Reuters) - Democrat Barack Obama appeared to be the favorite White House contender among media moguls at an annual Idaho retreat, even if they were not so certain how an Obama victory would affect their businesses.

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Business begins push for post-Bush trade deals

Wed, 2024-11-27 04:29
WASHINGTON (Reuters) - A U.S. business group outlined a plan on Thursday to restore White House trade negotiating authority that was badly damaged in a fight between President George W. Bush and House Speaker Nancy Pelosi over a free trade pact with Colombia.

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Lawmakers push new energy bill, tapping reserve

Wed, 2024-11-27 04:29
WASHINGTON (Reuters) - As the United States grapples with surging fuel costs, U.S. lawmakers on Thursday renewed calls to tap the Strategic Petroleum Reserve and will attempt to pass new energy legislation aimed at increasing domestic production as early as next week.

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McCain rejects comments from economic adviser

Wed, 2024-11-27 04:29
BELLEVILLE, Michigan (Reuters) - Republican presidential candidate John McCain on Thursday sharply rejected a top economic adviser's description of the United States as "a nation of whiners" who are in a mental recession.

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Bush signs spy bill and draws lawsuit

Wed, 2024-11-27 04:29
WASHINGTON (Reuters) - President George W. Bush signed a law on Thursday overhauling the rules for eavesdropping on terrorism suspects but immediately met a civil liberties challenge calling it a threat to Americans' privacy.

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Senate confirms Petraeus for Middle East command

Wed, 2024-11-27 04:29
WASHINGTON (Reuters) - The U.S. Senate on Thursday overwhelmingly confirmed Army Gen. David Petraeus as commander of the military headquarters responsible for U.S. operations across the Middle East, including Iraq and Afghanistan.

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McCain campaign raises $22 million in June

Wed, 2024-11-27 04:29
WASHINGTON (Reuters) - Republican John McCain raised $22 million for his White House bid in June, his best month of fundraising, and his campaign voiced confidence on Thursday he could compete financially with record-setting Democratic rival Barack Obama.

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U.S. needs financial regulatory overhaul: officials

Wed, 2024-11-27 04:29
WASHINGTON (Reuters) - U.S. policy-makers said on Thursday they were doing everything possible to restore calm to financial markets but told lawmakers a longer-term regulatory overhaul was vital to prevent crises in the future.

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Berlin mayor slams Merkel over Obama stance

Wed, 2024-11-27 04:29
BERLIN (Reuters) - Berlin's mayor said on Thursday he would be pleased if U.S. presidential candidate Barack Obama spoke at the Brandenburg Gate and sharply criticized Chancellor Angela Merkel for opposing such an appearance.

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Housing bill clears Senate procedural hurdle

Wed, 2024-11-27 04:29
WASHINGTON (Reuters) - A bill to save hundreds of thousands of homeowners from foreclosure cleared a procedural hurdle in the U.S. Senate on Thursday and moved a step closer to being sent to the House of Representatives for needed agreement.

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CFTC says no evidence of oil manipulation, hoarding

Wed, 2024-11-27 04:29
WASHINGTON (Reuters) - The head of the Commodity Futures Trading Commission told Congress on Thursday there is no evidence that market traders are working together to push up crude oil prices or that oil supplies are being hoarded.

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Obama aide: Fannie, Freddie woes reflect economy

Wed, 2024-11-27 04:29
WASHINGTON (Reuters) - U.S. presidential candidate Barack Obama's top economic aide said on Thursday that the difficulties facing mortgage giants Fannie Mae and Freddie Mac reflected the softness in the U.S. economy.

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U.S. targets Syrian telecom firm, duty free shops

Wed, 2024-11-27 04:29
WASHINGTON (Reuters) - The U.S. Treasury on Thursday said it blacklisted Syria's largest mobile phone operator and a chain of duty free shops because they are owned by a Syrian businessman previously targeted by the United States.

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Sports fan Rice to be at Olympics closing ceremony

Wed, 2024-11-27 04:29
WASHINGTON (Reuters) - U.S. Secretary of State Condoleezza Rice hopes to watch some of the competition in the final days of Beijing's Olympic Games before attending the closing ceremony next month, her spokesman said on Thursday.

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White House focusing on legislation for Fannie and Freddie

Wed, 2024-11-27 04:29
WASHINGTON (Reuters) - The White House remains focused on passing legislation on Fannie Mae and Freddie Mac that will give confidence to the financial markets, a White House spokesman said on Thursday, amid ongoing concerns about the mortgage finance heavyweights' capital levels.

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McCain says no need for Fannie, Freddie bailout now

Wed, 2024-11-27 04:29
BELLEVILLE, Michigan (Reuters) - Republican presidential candidate John McCain said on Thursday a government bailout of mortgage finance giants Fannie Mae and Freddie Mac was not necessary now.

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Paulson says regulators need powers to calm crisis

Wed, 2024-11-27 04:29
WASHINGTON (Reuters) - U.S. Treasury Secretary Henry Paulson told Congress on Thursday that regulators need emergency authority to step in to limit temporary disruptions to financial markets, a source familiar with his testimony said.

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Rice: Russia should not worsen tension in Georgia

Wed, 2024-11-27 04:29
TBILISI (Reuters) - Russia should help resolve tension over Georgia's rebel regions instead of contributing to it, Secretary of State Condoleezza Rice said on Thursday, and she urged an end to violence there.

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Rice: we will defend allies from Iran

Wed, 2024-11-27 04:29
TBILISI (Reuters) - The United States will defend its allies against Iranian aggression, Secretary of State Condoleezza Rice said on Thursday, a day after Iran test fired nine missiles it said could hit Israeli and U.S. bases.

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South Korea parliament starts, MPs battle on beef

Wed, 2024-11-27 04:29
SEOUL (Reuters) - South Korea's new parliament convened on Thursday after a six-week delay, with an embattled president hoping to push through his pro-business reforms and an emboldened opposition planning a fight over a key U.S. beef deal.

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