BARACK OBAMA

Utility execs fear impact of U.S. policies on profit

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Less than half of utility executives support the Obama Administration's plan to make the United States a leader on climate change and are concerned about the impact related policies will have on industry profits, according to a survey released on Monday.

EPA withdraws permit for massive Navajo coal plant

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U.S. environmental regulators said they have withdrawn a permit for a massive coal-fired power plant that had been scheduled to be built on the Navajo Nation to send electricity to populated areas to the West.
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Rep. Hoyer predicts House to pass budget

A compromise $3.4 trillion budget blueprint for next year has enough support to pass the U.S. House of Representatives, House Majority Leader Steny Hoyer told reporters on Tuesday.
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Treasury has new mortgage incentives: official

The U.S. Treasury Department will on Tuesday tap a $50 billion housing rescue fund to pay off mortgage investors and reduce monthly payments for millions of borrowers, said a senior administration official.
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GM offers final survival plan

General Motors Corp on Monday offered its final plan to reorganize outside bankruptcy by slashing bond debt, cutting over 21,000 more U.S. jobs and emerging as a nationalized automaker under majority control by the U.S. government.
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Obama uses 100 days to build foundation

Barack Obama has used his first 100 days in office to set a foundation for the rest of his presidency. Time will be the judge of how successful his early months have been in resolving major U.S. challenges.
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McCain differs with Cheney on interrogation memos

Releasing classified memos showing whether harsh Bush-era interrogation methods yielded useful information from terrorism suspects is not necessary, Republican Senator John McCain said on Sunday in a public disagreement with former Vice President Dick Cheney.
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GM plans deep cuts, to eliminate Pontiac

General Motors Corp on Monday announced plans to close plants, cut hourly workers and dealers and to eliminate its Pontiac brand in an effort to meet government demands for a quicker and deeper restructuring.
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GM plans deep plant, job cuts

General Motors Corp on Monday announced plans to close plants, cut hourly workers and dealers and to eliminate its Pontiac brand in an effort to meet government demands for a quicker and deeper restructuring.
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U.S. gets leeway on U.N. climate deadline

Countries such as the United States can come up with ideas for a U.N. climate pact beyond an April 24 deadline, the U.N. Climate Change Secretariat said on Friday.
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U.S. official cites progress in Chrysler talks

There has been some progress in U.S. government-driven negotiations to save Chrysler LLC, according to a senior White House official, who on Sunday also did not rule out an attempt to complete the company's restructuring in bankruptcy.
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Obama backs measure to restore fiscal discipline

President Barack Obama unveiled new steps on Saturday to restore U.S. fiscal discipline, including support for legislation that would require Congress to pay for any new programs by raising taxes or cutting other expenditures.
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New, deadly swine flu hits Mexico, U.S.

A deadly strain of swine flu never seen before has killed as many as 61 people in Mexico and has spread into the United States, where several people were reported ill.
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U.S., cities push ahead in climate politics

Democrats in Congress worked on Thursday to win over U.S. lawmakers skeptical of climate change legislation, while climate leader California took another major step with low-carbon rules on fuels that could be copied nationwide.

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