Economy Feb 04 Obama Links $500,000 Executive Pay Cap to Bailout Funds President Barack Obama and Treasury Secretary Timothy Geithner announced Wednesday a pay cap of $500,000 for top executives at companies that receive federal dollars under the Troubled Asset Relief Program for struggling banks and corporations.
Nation Feb 03 Countries Urge Tamil Tigers to Surrender as Civilians Flee Fighting As Sri Lanka's Tamil Tigers lose more territory in their fight against the government, international powers including the United States, European Union, Japan and Norway have urged the rebels to lay down their arms to avoid more civilian deaths.
Politics Feb 03 Daschle Withdraws Nomination for Health Chief Former Democratic Senate majority leader Tom Daschle withdrew his nomination to be President Barack Obama's Health and Human Services secretary Tuesday, saying he did not want to be a distraction after paying $140,000 in back taxes.
Politics Jan 30 RNC Elects Steele as Chair, Signaling Shift for GOP Republican National Committee members selected former Maryland Lt. Gov. Michael Steele as their first black national chairman after a lengthy voting process Friday, marking what Steele dubbed "the dawn of a new party."…
Health Jan 30 Senate Passes SCHIP Bill in Party-line Vote The Senate on Thursday approved legislation to provide health insurance coverage to about 4 million uninsured children. The measure passed 66-32 in a vote split mostly along party lines.
Economy Jan 30 U.S. Economy Shrinks at Fastest Rate in 26 Years The U.S. economy shrank at its fastest rate in more than a quarter century between October and December, according to federal government data released Friday.
Arts Jan 29 In Signing First Bill Into Law, Obama Touts Equal-pay for All President Barack Obama signed his first bill into law Thursday, an equal-pay measure championed by labor and women's rights backers, reversing a 2007 Supreme Court decision that made it harder to sue for pay discrimination.
Politics Jan 29 Afghanistan Delays Presidential Election Until August Afghan officials said Thursday that the country's second-ever presidential election will be postponed three months until Aug. 20 to give them more time to prepare. The delay also would allow more time for additional U.S. troops to arrive.
Economy Jan 29 Stimulus Package Goes to Senate as Signs of Economic Downturn Continue The Democratic-controlled House of Representatives passed President Barack Obama's $819 billion economic stimulus package by a vote of 244-188 Wednesday, amid continuing signs of the U.S. economic downturn.
Economy Jan 28 House Passes $819 Billion Economic Stimulus Plan The Democratic-controlled House of Representatives passed President Barack Obama's $819 billion economic stimulus package by a vote of 244-188 Wednesday, with Republicans unanimous in opposition.