BARACK OBAMA

Contractors wait for U.S. stimulus to create jobs

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Conditions in the U.S. construction industry have improved since President Barack Obama signed the economic stimulus plan into law in February, but employment in the battered sector needs more help, an industry trade group said on Thursday.
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U.S. won't suspend auto clunkers program: official

The U.S. government will not suspend its $1 billion cash for clunkers auto sales incentive even though confirmed sales and pending transactions neared the limit of 250,000 vehicles much sooner than expected, an Obama administration official said on Thursday night.
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Co-ops in focus in U.S. healthcare debate

U.S. lawmakers debating a huge overhaul of the nation's healthcare system are increasingly focusing on proposals that healthcare cooperatives could be formed to help provide medical coverage.
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House Democrats clinch healthcare deal

Democrats broke a logjam in President Barack Obama's drive to revamp the costly healthcare system on Wednesday when a group of party conservatives accepted a compromise that allowed a reform bill to advance in the U.S. House of Representatives.
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Obama expects GM, Chrysler to repay loans

President Barack Obama said on Wednesday that General Motors Co and Chrysler Group were companies worth saving, but he expects both to repay their government loans.
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Obama vigorously defends economic policies

President Barack Obama launched a spirited defense of his economic policies on Wednesday, declaring that they had helped save the country from plunging into a depression.
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Lawmaker urges regulations for file-sharing

A senior U.S. lawmaker said on Wednesday that it may be time for the government to regulate companies that provide online file-sharing services after a number of people managed to access FBI files, medical records and Social Security numbers.
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U.S. lawmaker urges tougher rules for P2P industry

A senior U.S. lawmaker said on Wednesday that it may be time for the government to regulate companies that provide online file-sharing services after a number of people managed to access FBI files, medical records and Social Security numbers.
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Tougher P2P rules eyed after FBI, Obama files breached

A senior U.S. lawmaker said on Wednesday that it may be time for the government to regulate companies that provide online file-sharing services after a number of people managed to access FBI files, medical records and Social Security numbers.
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U.S. wants lenders to speed up mortgage aid

Senior U.S. housing officials and leading mortgage companies met on Tuesday to set explicit goals for preventing evictions and helping struggling borrowers with their home loans.
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Senate may drop public healthcare option

Lawmakers on both sides of the U.S. Capitol struggled to reach a healthcare deal on Tuesday, with Senate Democrats near agreement with three Republicans on a plan that would not include a government-run insurance option backed by President Barack Obama.
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Stimulus creates, saves more jobs in June: committee

The number of jobs created or saved by infrastructure projects funded by the U.S. economic stimulus plan more than doubled in June from May, according to a report released Tuesday by a House of Representatives committee.
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Obama, Gates and Cowley to meet Thursday at the White House

President Barack Obama will on Thursday at 6pm EST meet with Harvard University scholar and the policeman who arrested him at the White House which according to chief White House spokesman, Robert Gibbs, will be about having a beer and de-escalation.
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White House repeats F-22 veto threat

The Obama administration repeated on Tuesday a threat to veto an annual defense spending bill if it included money to continue Lockheed Martin Corp's F-22 aircraft production line.
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A sweet legislative honeymoon for Obama

The struggle in the U.S. Congress over healthcare reform has led to speculation that Democrats' honeymoon with Democratic President Barack Obama is coming to an end, six months after he took office.

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