U.S. western states got the support from key Obama Administration officials on Monday to speed up the development of a solid renewable energy system in the region, at the Western Governors Association annual meeting at Park City, Utah today.
North Korean has warned on Monday it would launch a pre-emptive attack against the United States as about 10,000 people rallied to denounce a newly endorsed U.N. Security Council Resolution.
Solar, wind, geothermal and biomass energy technologies as they are today could technically contribute up to 10 percent of U.S. electricity by 2020 and 20 percent or more by 2035, the National Research Council said in a report Monday.
Technical analyst Robert Prechter on Monday said he sees the United States losing its top AAA credit rating by the end of 2010, as he stuck by a deeply bearish outlook on the U.S. economy and stock market.
Iran's hardline Islamic Basij militiamen killed at least one person on Monday and wounded more when their building was attacked by demonstrators protesting an election they say was stolen by President Mahmoud Ahmadinejad.
Bank of America Corp, hoping to repay $45 billion of government money, is less likely to raise the funds by selling its big stake in BlackRock Inc after the asset manager buys Barclays Global Investors, analysts said.
The head of the IMF warned on Monday it was too soon to discuss rolling back stimulus spending, saying the world economy had yet to weather the worst of a recession that has hammered industrial output and claimed a record number of European jobs.
The second bankruptcy auction for off-price retailer Filene's Basement was won on Monday by a joint $62.4 million bid by discount clothier Syms Corp and developer Vornado Realty Trust , a restructuring expert advising Boston-based Filene's said.
Angela Merkel will meet U.S. President Barack Obama in Washington in late June for talks on Iran's presidential election, Middle East peace and next month's G8 summit, a spokesman for the German chancellor said on Monday.
Construction on the Hong Kong-Zhuhai-Macau Bridge is expected to start by year's end, Hong Kong ‘s Chief Secretary Henry Tang said on Monday, adding its completion “will benefit the three jurisdictions”.
Hong Kong's human swine flu tally has reached 104 with 12 new cases conformed, the Centre for Health Protection said on Monday.
The Obama administration faces a dilemma over how to respond to Iran's disputed election. Analysts say that strong criticism could backfire but a muted response leaves an impression of weakness.
European planemaker Airbus took a step closer to winning government loans to develop its A350 jetliner on Monday, drawing an immediate response from U.S. rival Boeing which called the move illegal.
Citigroup Inc's chairman said on Monday the bank may find it harder to retain and attract top employees while the bank is holding on to federal bailout money.
Several U.S. senators urged regulators on Monday to review exclusive arrangements regarding mobile handset technology between wireless carriers and cell phone makers and how they affect competition and choice in the marketplace.
U.S. stocks tumbled, marking
U.S. stocks tumbled, marking their worst slide in a month on Monday after regional manufacturing data dented optimism about the economy's health and resource shares fell alongside commodity prices.
In the wake of the latest economic crisis, President Obama’s top economic officials today issued five proposals for improving the U.S. financial system that would expand the government’s authority to regulate financial companies and their products.
Oil fell nearly 2 percent a barrel on Monday, extending its retreat from a near eight-month high as the dollar firmed and stock markets tumbled.
U.S. home-builder sentiment slipped in June, a private survey showed on Monday, as higher mortgage rates and an ongoing credit crunch dampened expectations for the sector.
U.S. homebuilder sentiment slipped in June, a private survey showed on Monday, as higher mortgage rates and an ongoing credit crunch damped expectations for the sector.
Germany pledged 25 million euros in aid to Zimbabwe on Monday and Chancellor Angela Merkel said Berlin could provide more support if the poverty-stricken country undertakes more democratic reforms.
