Barack Obama News

Leaders Warn Time Running Out for Global Warming Deal

U.N. climate talks kicked off Monday in Bangkok with leaders calling for delegates to break the deadlock over a global warming deal and warning failure to act would leave future generations fighting for survival. Negotiations on a new U.N. climate …

Ex-AIG Financial Exec Cassano Returns to U.S. As Probe Continues

Joseph Cassano has come home to face the music. The former AIG executive closely associated with one of the most sensational collapses in corporate history, recently slipped back into the United States. Under intensifying investigations by the FBI and other …

California’s Poizner Cheered at Republican Meeting

California Republicans spent much of their weekend convention soul-searching over the battered party’s future and debating a plan of attack for 2010, when they hope to capitalize on anti-tax protests and growing national conservative anger over President Barack Obama’s health …

Fugate Brings Florida Ideas to FEMA

Craig Fugate brought three lessons with him when he took over the Federal Emergency Management Agency: Always be ready for disasters, make sure people take responsibility for themselves and get the message out creatively. He also is stressing FEMA isn’t …

U.S. Should Focus on Value, Pay Doctors a Salary: Healthcare Experts

The secret to fixing healthcare in the United States is to focus on value, a measure that takes into account both quality and cost, says Dr. Denis Cortese, president of the Mayo Clinic. The Rochester, Minnesota-based network of clinics is …

As Floodwaters Recede in Southeast, Many Residences Remain Underwater

As floodwaters around Atlanta began to recede, residents were packing moving vans with furniture and commiserating about water-logged apartments. “I’m toast,” Penny Freeman, who moved into a first-floor apartment five days ago, said. “I don’t have a place to stay. …

When Is a Lie Really a Lie?

From the hallowed halls of Congress to town hall meetings to network TV to the big screen, lying is a hot topic these days. The president is charged with telling lies. A popular TV show, “Lie to Me,” conducts a …

‘Main Street’ P/C Insurers Tell Congress They Don’t Need More Regulation

Home, auto and business insurers did not cause the current financial crisis, do not present systemic risk, and are already regulated effectively, a group of them is telling federal lawmakers looking at expanding financial services regulation. J. Douglas Robinson, chairman …

Administration Backs Financial Consumer Agency; Bill Exempts P/C

U.S. Treasury Secretary Timothy Geithner argued forcefully Wednesday for creating a government watchdog for financial consumers, while giving cautious support to paring back its scope. Amid stiff resistance by banks and Republicans to the proposed Consumer Financial Protection Agency, Geithner …

China, U.S. Try to Jumpstart U.N. Climate Change Talks

China laid out a plan to curb carbon emissions by 2020 and U.S. President Barack Obama called on all nations to act now to tackle global warming, as world leaders tried to inject momentum into climate change talks. With less …