BARACK OBAMA

A panel of experts tapped by President Barack Obama to help shape his response to the economic crisis is led by former Federal Reserve Chairman Paul Volcker.

A high-level panel of experts that has been helping to shape President Barack Obama's response to the economic crisis will step into the public view on Wednesday at a meeting to discuss energy issues and job creation.

The Canadian government unveiled on Tuesday a C$1 billion ($860 million)Clean Energy Fund that will focus on the development of renewable energy technologies, including carbon capture and storage as well as sustainable oil sands development.

A White House task force charged with helping to revive the economy will focus on the creation of a comprehensive U.S. energy plan that will generate millions of clean energy jobs when its meets on Wednesday, the White House said.

Israeli Prime Minister Benjamin Netanyahu faced fresh pressure on Tuesday from the United States to freeze Jewish settlement activity that Palestinians see as an impediment to peace.

Daimler is taking a 10 percent stake in Tesla Motors, a U.S. based electric car start-up, as it expands its green auto business, the head of Daimler's research department said on Tuesday.

Credit card companies are likely to have tougher rules to live by as the U.S. Senate on Tuesday voted 90-5 to approve a new bill restricting credit card practices; President Barack Obama is expected to sign it into law before month end.

U.S. President Barack Obama took aim at climate-warming greenhouse gases on Tuesday and obliged the struggling auto industry to make more efficient cars by imposing tough national standards to cut emissions and increase gas mileage.

U.S. President Barack Obama took aim at climate-warming greenhouse gases on Tuesday and obliged the struggling auto industry to make more efficient cars by imposing tough national standards to cut emissions and increase gas mileage.

President Barack Obama proposed on Tuesday the first U.S. regulation of auto emissions in a bid to reduce climate-warming greenhouse gasses and lower dependence on foreign oil.

Jewish settler leaders on Tuesday shrugged off President Barack Obama's call for Israel to halt settlement building in the occupied West Bank, saying Palestinians needed to halt terror first.

Iran's leading authority accused the United States on Tuesday of promoting terrorism in border areas and using arms and money against the Islamic state, in his latest verbal attack on Tehran's arch enemy.

Western-backed technocrat Salam Fayyad will stay on as prime minister of the Palestinian Authority at the head of a new cabinet to be announced shortly, Palestinian officials said on Tuesday.

After 100 years in business and 10 months of frenzied but failed restructuring, General Motors Corp is weeks from the bankruptcy filing experts say will be required to complete the Obama administration's bid to reshape a fallen icon of American industry.

President Barack Obama on Tuesday will propose the most aggressive increase in U.S. auto fuel efficiency ever in a policy initiative that would also directly regulate emissions for the first time and resolve a dispute with California over cleaner cars.

U.S. lawmakers were set on Tuesday to begin wrangling over a climate change bill aimed at reducing carbon dioxide and other pollutants with Republicans objecting that the legislation would burden the economy with higher energy costs.

A bill to curb sharp practices in the credit card business was on track for approval by the U.S. Senate as early as Tuesday, with President Barack Obama expected to sign it into law before the end of the month.

Aerospace and defense company shares on Monday fell as Goldman Sachs analyst upgraded aerospace sector and downgraded defense cautiously as spending expected to peak next year.

The United States renewable energy market is by far the most appealing to investors worldwide, according to a survey by KPMG to 200 executives at utilities, producers and banks, Bloomberg reported.

A bill restricting credit card practices is on track to being approved by the U.S. senate; President Barack Obama is expected to sign it into law before the end of the month.

The U.S. climate bill is expected to pass Congress this week according to the Chairman of the House Energy and Commerce Committee Henry Waxman who said he thinks he will obtain a majority of votes, Reuters reported.