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President Obama

World AIDS Day 2011: Obama Combats HIV as Stigma, Apathy Stall Progress

World AIDS Day 2011 marks the 30th anniversary of HIV. While tremendous progress has been made, cases continue to rise worldwide, with treatment still largely unavailable to the poor. President Obama aims to combat stigma and apathy about HIV/AIDS, and increase available medication, with a joint U.S.-global initiative targeting 15 countries most affected by the deadly disease.
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Nissan, VW post strong U.S. sales gains

Nissan Motor Co and Volkswagen AG posted double-digit percentage gains in November U.S. sales, a strong showing for a month analysts were expecting to set a more than two-year record overall.
egypt elections

Egypt Elections Paint Complicated Picture for Obama Administration

With early election results hinting at the shape of Egypt's first parliament since the fall of Hosni Mubarak, the U.S. faces the task of navigating the dynamics between Islamist parties poised to win a commanding number of seats, skeptical liberals and a ruling military that has appeared reluctant to relinquish power.
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Jobless claims edge above 400,000

New claims for unemployment benefits rose unexpectedly last week, popping above 400,000 for the first time in just over a month and reinforcing the view that the battered labor market was healing only slowly.
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Wall Street flat after powerful rally

Stocks were little changed in choppy trade on Thursday after manufacturing data came in stronger than forecast, but gains were capped as investors took a breather from the previous session's powerful rally.
New president Atambayev and former president Otunbayeva take part in an inauguration ceremony in the Kyrgyz capital Bishkek

Ethnically Divided Kyrgyzstan Swears in New President

In a rare peaceful transition of presidential power, Kyrgyzstan inaugurated a new president Thursday, marking the first time the former Soviet Central Asian nation chose a successor through votes at the ballot box, not the streets.
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Senators to probe regulators' role in MF Global

U.S. senators plan to press regulators on Thursday on whether they were asleep at the switch as now-bankrupt MF Global took on massive risky bets, and why hundreds millions of dollars in customer funds are still missing.
Katy Perry and Kanye West VMA

Kanye West, Adele, Bruno Mars lead Grammy choices

Rapper Kanye West led the field of Grammy contenders on Wednesday with seven nominations, including for his album My Beautiful Dark Twisted Fantasy and his joint venture with Jay-Z Watch The Throne.
Europe Stock Markets

Europe's Markets Mixed Thursday at Mid-day

European shares fell in choppy trade on Thursday after data showed new U.S. claims for unemployment benefits rose unexpectedly last week, with some investors booking profits after equities jumped 9 percent in the previous four sessions.
U.S. Job Market

U.S. Jobless Claims up Again, Surpassing 400,000

Latest data on the number of Americans who filed new applications for federal unemployment benefits rose for a second straight week and once again moved above the key 400,000 mark -- the level at which some economists take to mean the economy has to add more jobs than it is shedding. The labor market is still weak, even during the holiday season.
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November retail sales reports show mixed results

Major U.S. retailers showed a big rift between winners and losers in November, as a strong turnout on Black Friday, the busiest shopping day of the year, encouraged some, while others did not experience the swell of buying they had hoped for.
Loonie firms vs U.S. dollar for 4th straight day

Loonie firms vs U.S. dollar for 4th straight day

The Canadian dollar firmed against the U.S. dollar for a fourth straight day on Thursday as a Spanish bond sale saw decent demand and a liquidity move by major central banks raised hopes policymakers would step up action to tackle Europe's debt crisis.

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