He spoke at a Democratic National Committee fund-raising reception at which he sought to boost the morale of party loyalists in the wake of the Democrats' loss of a 60-vote supermajority in the Senate when Republican Scott Brown won in Massachusetts last week.
Kazakh state-run bank BTA has filed for protection from creditors in a Manhattan bankruptcy court after some of them took action against the lender which is restructuring $11.6 billion in debt.
Major U.S. indices are range-bound in the morning session on Friday as investors digest the U.S. unemployment rate report and monitor the ongoing sovereign debt contagion from Greece. The Dow has been hovering around the psychologically important level of 10,000 this session, dipping below it at various times.
U.S. stocks edged higher on Friday after a mixed jobs report and despite lingering worries over the fiscal health of some European countries.
The project follows recalls of tainted toothpaste, pet food, seafood and other products from China, as well as a contaminated blood thinner blamed for dozens of deaths in 2008.
Fewer U.S. homeowners expect the value of their homes to decline in the year ahead, but they also believe gains are unlikely, according to a Thomson Reuters/University of Michigan survey published on Friday.
U.S. stocks edged higher on Friday after a mixed jobs report and despite lingering worries over the fiscal health of some European countries.
U.S. private equity firm Blackstone and British buyout firm Resolution Group have talked to National Australia Bank about teaming up for its possible bid for more than 300 Royal Bank of Scotland branches, people familiar with the matter said.
Only about a third of seniors were vaccinated in 2008 against pneumonia, a complication of seasonal flu, according to the report released by the Trust For America's Health, the Infectious Diseases Society of America and the Robert Wood Johnson Foundation.
Toyota President Akio Toyoda apologized for safety problems that have left the Japanese carmaker in crisis as the group considered another recall -- this time over the brakes on the newest Prius hybrids.
Once Li Shufu, head of China's Zhejiang Geely Holding Group, closes the deal to buy Ford Motor's Volvo unit for up to $2 billion, the sedate, safety-conscious Swedish brand may be in the running to replace the Audi A6 as Chinese state officials' car of choice.
Air Products and Chemicals Inc launched an unsolicited $5.1-billion cash bid to buy rival Airgas Inc on Friday in a move to create the largest industrial gas company in North America.
President Barack Obama, looking for ways to drive down high U.S. unemployment, will announce plans on Friday to expand credit for small businesses, a main source of job creation in the United States.
The number of U.S. homes listed for sale rose in January compared to December after 18 consecutive months of decline, according to data released on Thursday by real estate brokerage ZipRealty.
The US Justice Department still thinks a proposal to give Google digital rights to millions of books threatens and stifles competition and are undermining copyright laws.
Toyota Motor Corp is seeking to recall its third-generation Prius hybrid cars in Japan to fix a software glitch related to braking, a source with knowledge of its discussions with safety authorities said.
Payrolls unexpectedly fell in January, but the unemployment rate surprisingly dropped to a five-month low, according to a government report on Friday that hinted at labor market improvement.
Wall Street was set to open little changed on Friday, as stock index futures pared earlier losses, after data showed the unemployment rate declined in January, even as payrolls fell.
North Korea said on Friday it will release U.S. religious activist Robert Park, arrested in December for illegally entering the country in a journey to raise awareness about Pyongyang's human rights abuses.
Employers unexpectedly cut 20,000 jobs in January, but the unemployment rate surprisingly fell to a five-month low of 9.7 percent, according to a government report on Friday that hinted at some labor market improvement starting to take root.
A Vietnamese court convicted a dissident writer of assault on Friday, bringing to 16 the number of people imprisoned since October in an unusually harsh crackdown on dissent in the one-party state.
A senior Chinese Communist Party official will visit North Korea as early as Saturday, in what appears to be a move to press Pyongyang to return to nuclear disarmament talks, a South Korean news agency said on Friday.
