Barack Obama will appoint Eric Holder to the post of attorney-general, according to US media reports. If confirmed, Mr Holder, 57, would be the first African-American to occupy the...
BEVERLY HILLS, Calif. - Gov. Arnold Schwarzenegger opened his international climate change summit on Tuesday by upstaging himself with an even bigger politicalstar - President-elect Barack Obama. Schwarzenegger, a Republican whose efforts to combat...
(Updates to midmorning) By Rika Otsuka TOKYO, Nov 19 (Reuters) - Japan's Nikkei average slid 0.7 percent on Wednesday as fears of global recession and a stronger yen outweighed the positive impact from overnight gains in U.S. shares. Mazda Motor Corp...
Comments WASHINGTON (Map, News) - Granted an audience of world peers for a final time, President George W. Bush is trying to rally Pacific Rim support for an economic rescue plan that will outlast him. In some quick-shuttle diplomacy, Bush heads to...
WASHINGTON (AP) - The three biggest U.S. automakers pleaded with Congress on Tuesday for a $25 billion lifeline to save their once-proud companies from collapse, warning of broader peril for the American economy as well. "Our industry ... needs a...
Henry Paulson, the US Treasury Secretary who controls Washington's $700 billion bailout fund, stuck to his guns yesterday and insisted that his rescue scheme must not be used to save America's biggest car companies, even as the head of General Motors...
19 Nov 2008, 0337 hrs IST,REUTERS NEW YORK: US stocks rose on Tuesday as Hewlett-Packard's upbeat results trumped growing fears of a deepening global recession in a day of volatile trade, but much of Wall...