BARACK OBAMA

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U.S. to unveil TARP pay rules by week's end: official

The Obama administration will unveil executive pay rules for firms receiving government aid by the end of the week and will name a pay czar with power to reject compensation plans at firms getting exceptional assistance, an administration official said late on Tuesday.

Supreme Court allows Chrysler sale to Fiat

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The Supreme Court on Tuesday cleared the way for the U.S. government-backed sale of Chrysler LLC to a group led by Italian carmaker Fiat SpA, a victory for the bankrupt automaker and the Obama administration.
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Obama: Bank bailout repayments a positive sign

U.S. President Barack Obama on Tuesday welcomed the repayments to the government of $68 billion in bank bailout funds but said the problems in the financial markets were not over yet.
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U.S. top court judge delays Chrysler sale for now

The sale of bankrupt automaker Chrysler LLC to a group led by Italian carmaker Fiat SpA was temporarily blocked by a U.S. Supreme Court justice on Monday, with no indication how long the delay would last.
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Ailing Kennedy drafts vision of healthcare reform

President Barack Obama's quest to overhaul U.S. healthcare rests in part on the frail shoulders of Senator Edward Kennedy, a champion of the cause now in the second year of fighting deadly brain cancer.
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Hezbollah accepts election loss, U.S. backs allies

Hezbollah leader Sayyed Hassan Nasrallah accepted on Monday the result of a parliamentary election in Lebanon in which his U.S.-backed opponents secured a majority over the Iranian-backed group and its allies.
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U.S. lawmaker urges action on generic biotech drugs

A senior U.S. Democratic lawmaker urged President Barack Obama on Monday to consider what can be done to speed access to cheaper versions of biotech medicines ahead of legislation aimed at achieving that goal.
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U.S. top court considering Chrysler sale

The U.S. Supreme Court is weighing whether to allow the Obama administration-backed sale of bankrupt automaker Chrysler LLC to a group led by Italian automaker Fiat SpA.
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Fed's Tarullo: Fed mulling executive pay proposal

The U.S. Federal Reserve is working on plans to make sure executive pay does not promote dangerous risk-taking, as part of steps to reform financial rules after a devastating crisis, a top Fed official said on Monday.
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Tech cos enlist Democrat to blast Obama tax plan

A group of technology heavyweights, including chiefs of IBM and Motorola Inc enlisted a former Clinton administration economist to beat back President Barack Obama's plan to boost some taxes on overseas profits.
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Obama wants immediate Mideast talks: Mitchell

U.S. President Barack Obama wants immediate talks between the Palestinians and Israel to forge a comprehensive Middle East peace agreement, U.S. envoy George Mitchell said on Monday.
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Obama speeds projects to create, save 600,000 jobs

President Barack Obama said on Monday he expected to create or save 600,000 jobs over the next 100 days by expediting 10 major projects funded by a huge stimulus package that Congress passed in February.
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North Korea jails U.S. journalists,warns U.N.

North Korea, facing U.N. sanctions for last month's nuclear test, on Monday raised the stakes in its growing confrontation with Washington by sentencing two U.S. journalists to 12 years hard labor for grave crimes.
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Netanyahu wants maximum understanding with U.S

Israeli Prime Minister Benjamin Netanyahu said on Sunday he would strive for maximum understanding with Washington on peace issues but gave no sign he intends to bow to its demand to halt settlement expansion.
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U.S. healthcare revamp to require medical coverage

U.S. lawmakers plan far-reaching insurance market reforms, and would require that businesses and individuals purchase medical coverage as they seek to overhaul the U.S. healthcare system, an early draft of Senate legislation said on Saturday.
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Obama says D-Day saved world from evil

U.S. President Barack Obama paid homage to the heroes of D-Day on Saturday, saying their assault on Normandy's beaches exactly 65 years ago had helped save the world from evil and tyranny.
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Recovery timing, jobs key for 2010 U.S. vote

The U.S. recession may be over before the year ends, but the initial stage of recovery could see few new jobs, potentially leaving the 2010 congressional elections wide open.
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Obama marks 65th D-Day anniversary in Normandy

U.S. President Barack Obama on Saturday marked the 65th anniversary of the D-Day landings on France's Normandy beaches, an important World War Two breakthrough in the battle against Nazi Germany.

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