U.S. President Barack Obama says he will announce plans to promote jobs and economic growth in a speech to Congress next week, although there is a now a dispute involving the Republican Speaker of the House of Representatives over the timing of the event. Mr. Obama on Wednesday said the country must deal with “unprecedented […]
Obama Plans Jobs Speech to Congress Next Week
Posted August 31st, 2011 at 6:30 pm (UTC-5)
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Obama Plans Jobs Speech to Congress Next Week
Posted August 31st, 2011 at 6:10 pm (UTC-5)
U.S. President Barack Obama says he will announce plans to promote jobs and economic growth in a speech to Congress next week. Mr. Obama on Wednesday said the country must deal with “unprecedented economic challenges,” and he has asked congressional leaders to call a joint session of the Senate and House of Representatives for the […]
Petraeus Says US Must Maintain Military Versatility
Posted August 31st, 2011 at 4:50 pm (UTC-5)
General David Petraeus, one of the U.S. military’s most influential voices, is warning against limiting the versatility and flexibility of the armed forces, as the Pentagon prepares to make drastic budget cuts. Petraeus said Wednesday the government is facing “difficult budget decisions” but that the September 11 terrorist attacks in 2001 are a reminder that […]
Obama Plans Jobs Speech to Congress Next Week
Posted August 31st, 2011 at 1:25 pm (UTC-5)
U.S. President Barack Obama says he will announce plans to promote jobs and economic growth in a speech to Congress next week. Mr. Obama on Wednesday asked congressional leaders to call a joint session of the Senate and House of Representatives for the speech on September 7. He said the country must deal with “unprecedented […]
Report Cites Unresolved Gaps in US Security
Posted August 31st, 2011 at 1:25 pm (UTC-5)
A new report says that nearly 10 years after terrorists attacked the United States on September 11, 2001, the country is still not as safe and secure as it should be. A report card, released Wednesday by the former chairs of the commission charged with investigating the attacks, said that although significant improvements have been […]
Poll: Majority of Voters Say Obama Should Not Be Reelected
Posted August 31st, 2011 at 11:40 am (UTC-5)
A new U.S. opinion poll indicates that a majority of U.S. voters say President Barack Obama does not deserve another four years in office. The Quinnipiac University survey released Wednesday shows 51 percent of registered voters say Mr. Obama should not be reelected, compared to 42 percent who say he should be a two-term president. […]
Report: Up to $60 Billion Wasted in Iraq, Afghanistan
Posted August 31st, 2011 at 11:35 am (UTC-5)
An investigation into U.S. spending in Iraq and Afghanistan finds as much as $60 billion has been lost to waste and fraud. The conclusion is the result of a nearly three-year-long investigation into the use of contractors in the two war zones. The report, by an independent panel and submitted to Congress Wednesday, also warns […]
AT&T Plans To Buy Rival T-Mobile Hit Legal Obstacle
Posted August 31st, 2011 at 11:25 am (UTC-5)
The U.S. Justice Department has filed suit to block AT&T’s planned $39 billion deal to buy a rival mobile phone company called T-Mobile. AT&T is the second-largest mobile phone company in the country, while T-Mobile ranks fourth. In court papers filed Wednesday, Justice officials said the deal could hurt competition and raise prices for consumers. […]
US Factory Orders Rise, Job Worries Continue
Posted August 31st, 2011 at 11:00 am (UTC-5)
Economic reports Wednesday showed the U.S. job market getting a bit worse, and business expansion slowing, while factory orders grew. New orders for U.S. factory goods rose more than expected in July as demand for transportation equipment surged. Data from the Commerce Department shows orders growing 2.4 percent, a big change from the prior month […]
Russian Bailiffs Raid BP’s Moscow Office
Posted August 31st, 2011 at 10:50 am (UTC-5)
Russian security forces have raided the Moscow offices of BP in a search for documents related to the British oil giant’s failed attempt to sign a deal with Russia to extract oil from the Arctic. About 15 black-clad special force officers sealed off the firm’s headquarters Wednesday, sent most workers home and began their search. […]
