By Ayesha Rascoe WASHINGTON (Reuters) - The Obama Administration is likely to stay focused on toughening regulatory oversight of the U.S. offshore oil industry and ... More
WASHINGTON (Reuters) - The Obama Administration is likely to stay focused on toughening regulatory oversight of the U.S. offshore oil industry and may push back lifting a ban on deepwater drilling after the latest accident in the Gulf of Mexico, analysts said on Thursday. The fire on a Mariner Energy ...More
WASHINGTON (Reuters) - The White House said on Thursday that President Barack Obama's top economic adviser will visit China from Saturday for three days of meetings. The White House said in a statement that National Economic Council Director Larry Summers and Deputy National Security Adviser Thomas Donilon would travel to ...More
WASHINGTON (Reuters) - Passing food safety reform legislation this year is a "priority" for the Senate, said a spokesman for Senate Democratic Leader Harry Reid, as Congress feels pressure from consumer groups to act following the latest recall to highlight weaknesses in the system. "It has been and will continue to ...More
WASHINGTON (Reuters) - President Barack Obama will hold a press conference on Friday, September 10, the White House said on Thursday. It also said in a statement that he would make two trips next week to talk about the economy, visiting Milwaukee, Wisconsin, on Monday and Cleveland, Ohio on Wednesday. Obama ...More
WASHINGTON (Reuters) - A last-minute change in the fall course schedule of Harvard law professor Elizabeth Warren has fueled speculation the White House might soon nominate her to head the newly created U.S. consumer financial agency. Harvard students enrolled in Warren's contracts class were informed that a different professor ...More
NEW YORK (Reuters) - New York City Mayor Michael Bloomberg on Wednesday shot down speculation he might succeed Treasury Secretary Timothy Geithner, saying he would only leave office early if he were totally incapacitated or died. The mayor faced questions about his political future following a gossip item in the New ...More
SACRAMENTO, California (Reuters) - California lawmakers may not be called into a special session on the state's budget stalemate, Governor Arnold Schwarzenegger said on Wednesday after Democrats and Republicans in the legislature killed rival plans to fill a $19 billion shortfall to balance the state's books. The two sides ...More
WASHINGTON (Reuters) - The Commerce Department said on Wednesday it will lead 15 U.S. companies, including Boeing, General Electric and Wamar International, on a trade mission in October to help rebuild Iraq. "This mission brings business expertise into the country at a critical time," Under Secretary of Commerce Francisco Sanchez ...More
