Published November 6, 2009, 7:55 PM EST
WASHINGTON (AP) - President Barack Obama still expects to have a health care overhaul bill to sign by year's end and plans to personally lobby for it in a visit to Capitol Hill on Saturday, the White House said.
House Democratic Leader Steny Hoyer told reporters earlier Friday that the make-or-break vote on Obama's t...
Published November 7, 2009, 8:45 AM EST
WASHINGTON (AP) - President Barack Obama is traveling to Capitol Hill on Saturday to try to close the sale on his signature health care overhaul, facing a make-or-break vote in the House certain to be seen as a test of his presidency.
Obama scheduled a late-morning visit with House Democrats convening a rare Saturday...
Published November 7, 2009, 8:20 AM EST
ST. ANDREWS, Scotland (AP) - Britain called for consideration of a global tax on financial transactions to insure against another crisis and urged world finance officials meeting Saturday in Scotland to agree on bearing the cost of fighting climate change.
British Prime Minister Gordon Brown told finance ministers from the Grou...
Published November 7, 2009, 8:00 AM EST
BEIJING (AP) - China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday.
The proposals outlined by Chinese Commerce...
Published November 7, 2009, 6:45 AM EST
SEOUL, South Korea (AP) - Tens of thousands of South Korean workers rallied Saturday to protest the government's plan to begin implementing contentious labor laws.
The government says it will begin enforcing laws next year to allow multiple unions for each workplace and prohibit companies from paying wages to full-time union...
Published November 6, 2009, 10:25 PM EST
RALEIGH, N.C. (AP) - North Carolina's highest court ruled Friday that three cigarette companies no longer have to make payments to tobacco farmers in Maryland and Pennsylvania under a decade-old settlement.
The state Supreme Court determined that Philip Morris USA, R.J. Reynolds Tobacco Co. and Lorillard Tobacco Co. may...
Published November 6, 2009, 10:20 PM EST
NATICK, Mass (AP) - Dr. Donald Baim, a renowned cardiologist and medical device executive, died Friday following surgery to treat a form of cancer, his family said in a statement. He was 60.
Baim had undergone recent surgery to remove diseased tissue caused by adrenal cancer, a rare form of the disease that attacks the...
Published November 6, 2009, 10:20 PM EST
CHARLOTTE, N.C (AP) - Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans.
The Federal Deposit Insurance Corp. took over United Commercial Bank in San Francisco, with...
Published November 6, 2009, 8:40 PM EST
OMAHA, Neb. (AP) - Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating businesses struggled.
The Omaha-based company delivered relatively flat results made to a...
Published November 6, 2009, 8:20 PM EST
NEW YORK (AP) - Airline stocks rose Friday as oil prices tumbled, easing the carriers' fears over jet fuel costs.
The broader market also gained, as investors shrugged off another rise in the national unemployment rate, which the government said Friday broke above 10 percent last month for the first time in 26 year...