WHITE HOUSE

Super Committee

GOP Debt Fix Dismissed by Super Committee Democrats

The Republican members of the Congressional budget deficit super committee offered a mixed bag of reduced deductions and tax cuts in an effort to jumpstart discussions to close at least a $1.2 trillion hole in the national deficit. But the plan was dismissed by Democrats as minimal in concessions.
More news
Greek Finance Minister Evangelos Venizelos (L) and Prime Minister George Papandreou talk in the parliament prior to a confidence vote in Athens November 4, 2011.

Greeks Struggle to Form Unity Government

Greek party leaders were struggling Tuesday to agree on a new prime minister, under pressure from the European Union to push through a bailout to save the country's finances and end the chaos threatening the euro.
IBTimes Logo

Fears Grow of Gridlock on Jobs, Deficit

A series of messy budget showdowns earlier this year have left many in Washington pessimistic that politicians can deliver on two pressing priorities: taming surging deficits and spurring job growth.
James Cartwright testifies at a hearing of the Senate Armed Services Committee on the situations in Iraq and Afghanistan, on Capitol Hill in Washington

Ex-General Urges U.S. to Speak Frankly on Cyber Weapons

The United States should be more open about its development of offensive cyber weapons and spell out when it will use them as it grapples with an increasing barrage of attacks by foreign hackers, the former No. 2 uniformed officer in the U.S. military said.
Solyndra LLC headquarters shown in Fremont

U.S. White House Complains Solyndra Subpoena Too Broad

The White House said on Friday it was willing to provide more documents to Republicans probing a government loan guarantee to failed solar-panel maker Solyndra, but wants to negotiate a smaller scope than outlined in subpoenas for the information.
Jon Corzine, MF Global Holdings Ltd. CEO

Corzine's Fall From Grace Leaves Obama With Even Less Bridges to Wall Street

The fall of Jon Corzine, a prominent figure with a toehold in the worlds of both finance and politics, is not only an issue for himself, but for one of the men who likely sought his advice and support on a regular basis, President Barack Obama. Perhaps more importantly, it follows a trend that has dogged the president since 2010, as, due to a variety of causes, many of the people close to Wall Street he had previously sought out have later found themselves uninvited to tea in the Rose Garden.
Traders work on the floor of the New York Stock Exchange

Futures Flat With Greece Vote Off, Payrolls Ahead

The uncertain outcome of Greece's sovereign debt crisis and its implications for Europe's economy kept U.S. stock futures mixed on Friday, with indexes little changed following two days of steep gains.
A Very Harold & Kumar 3D Christmas Premiere

‘A Very Harold & Kumar 3D Christmas’ Premiere [PHOTOS]

Harold & Kumar will be back in theatres tomorrow with the third installment of stoner comedy series to light up the Christmas season. John Cho and Kal Penn, who portray two immigrant American stoners, Harold Lee and Kumar Patel, are back with A Very Harold & Kumar 3D Christmas, three years after Harold & Kumar Escape from Guantanamo Bay was released in 2008.
A Wall Street sign hangs on a signpost in front of the New York Stock Exchange

Wall Street to Host 'Social Media Day'

The Occupy Wall Street movement gains much of its man-power from Twitter, Facebook and other social media sites. It comes as no surprise then that Wall Street has decided to capitalize on this social media force. The New York Stock Exchange is hosting a Social Media Day Friday, which is the first of its kind at the NYSE.
A sign at the entrance to the headquarters of bankrupt Solyndra LLC is shown in Fremont

Solyndra Scandal - House Committee Approves Subpoena Of Loan Deal

The Obama administration's ongoing headache over Solyndra promises to continue, as a House panel voted to subpoena documents related to the company Thursday, according to Politico. Meanwhile, details emerged that the White House considered bailing out the defunct solar company days before it declared bankruptcy.
Republican presidential candidate Herman Cain is surrounded by police and reporters as he departs following remarks to legislators in the Congressional Health Care Caucus on Capitol Hill

Cain says foes trying to destroy me

Republican presidential candidate Herman Cain said on Wednesday that his opponents are trying to destroy me over allegations of sexual harassment that have rocked his 2012 bid.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.