Obama provides first deals for his road map to universal health care

WASHINGTON — President Barack Obama says he’s open to requiring all Americans to buy health insurance, as long as the plan provides a “hardship waiver” to exempt poor people from having to pay.

Obama tells senators cash-strapped Americans shouldn’t be required to buy insurance

WASHINGTON — President Barack Obama said Wednesday that if Congress ends up requiring individuals to purchase health insurance, people who can’t afford it and small businesses should be exempt.

INSIDE WASHINGTON: Alleged wrongdoing in Iraq contracts extends to US ally

WASHINGTON — Federal investigators are targeting a pair of British companies in a procurement fraud case that extends a long-running probe of corruption in Iraq to the shores of America’s staunchest ally.

Meltdown 101: What is a corporate bankruptcy, and how do the most common types work?

NEW YORK — General Motors Corp.’s filing for bankruptcy protection on Monday highlights what many companies today face: the ugly scenario of having debts that far outweigh their assets.

Top Senate Democrats Baucus, Kennedy say they’ll work together on health care overhaul

WASHINGTON — The two Senate Democrats leading the drive to overhaul health care say they will work together to come up with legislation.

Hong Kong politician burns $70,000 on mystic’s advice

HONG KONG - A disgraced Hong Kong politician burned $70,000 on the advice of a feng shui master who told him it would help him avoid jail for vote-rigging, a news report said Thursday.

Chicago Bears agree on one-year deal with TE Michael Gaines

LAKE FOREST, Ill. — Tight end Michael Gaines and the Chicago Bears agreed Monday on a one-year contract.

Cowboy up! Mine That Bird’s Derby win makes unlikely star out of gelding and his cowboys

LOUISVILLE, Ky. — They weren’t supposed to be here among the big shots and the sheik, the Hall of Famers and the million dollar sure-things.

US man detained in Myanmar after allegedly confessing to swimming to home of Aung San Suu Kyi

YANGON, Myanmar — Police tightened security around Myanmar’s detained opposition leader Aung San Suu Kyi on Thursday after an American man was arrested for allegedly swimming across a lake and sneaking into her lakeside home.

Colo. considers ending costly death penalty, using savings to investigate cold cases

DENVER — Colorado is one of 10 states that have considered abolishing the death penalty this year to save money, but Colorado’s proposal has a twist: It would use the savings to investigate about 1,400 unsolved slayings.

Small General Motors bondholders rally for better debt swap offer, say current deal is unfair

WARREN, Mich. — Individuals who hold General Motors Corp. bonds said Wednesday they want a better deal than the debt-for-equity swap the company is offering.

Obama adminstration is set to launch effort to aid troubled borrowers with second mortgages

WASHINGTON — The Obama administration is expected to announce Tuesday that it is expanding its plan to stem the housing crisis by offering mortgage lenders incentives to lower borrowers’ bills on second mortgages.

Redskins sign OT Mike Williams, release P Dirk Johnson

ASHBURN, Va. — The Washington Redskins signed offensive tackle Mike Williams and released punter Dirk Johnson on Friday.

Meltdown 101: Why would it make sense for GM to temporarily close some plants this summer?

A General Motors plan to temporarily close several U.S. factories this summer makes lots of financial sense for the beleaguered automaker, but not for the obvious reason.

Obama pledges protections and clearer rules for credit-card users, eyes legislation

WASHINGTON — President Barack Obama said Thursday he is determined to get a credit-card law that eliminates the tricky fine print, sudden rate increases and late fees that give millions of consumers headaches.

House climate hearings probe fallout for consumers, jobs and US competitiveness

WASHINGTON — Democratic leaders pushing legislation to curb global warming are hearing from anxious industry and union representatives on how to ease some of the possible downsides: higher energy costs and job losses.

Banks still broken, Geithner tells impatient overseers as they press for timetable, costs

WASHINGTON — America’s banks are still broken despite all their bailout billions, Treasury Secretary Timothy Geithner told impatient rescue overseers Tuesday as they pressed him on when things will get better and how much it will cost. A bleak new report estimated U.S. banks and other financial institutions could lose a stunning $2.7 trillion in all.

Recession-hit Brit mums making huge sacrifices to feed kids

LONDON - The ongoing recession has taken toll on Brit mothers who are sacrificing their lavish lifestyles to feed their kids.

Hillary Clinton’s pal Carville would ‘be all for’ her appearing in risque ad

WASHINGTON - A long-time friend of Hillary Clinton jokingly said during an online radio show that he would have no qualms about the U.S. Secretary of State appearing in a risque promotional advertising campaign to make one million dollars to pay off the bills left over from her unsuccessful presidential bid.

Father credits Macheda for saving family from certain poverty

LONDON - Had Federico Macheda not moved from Italy to England to play football for Manchester United, his family would still have been living a life of poverty, feels his father.

Jacqui Smith faces new grilling for barbecue and garden patio set

LONDON - British Home Secretary Jacqui Smith is once again in the news after she claimed 200 pounds in expenses to buy a barbecue and garden patio set.

Rihanna gets ‘gun’ tattooed on her ribs

LONDON - Singer Rihanna, who was allegedly attacked by Chris Brown, has got a thought-provoking tattoo on her rib-a ‘gun’ tattoo.

Britney’s 1.85m pounds legal fees

LONDON - Pop princess Britney Spears shelled out at least 1.85 million pounds on legal fees since her dad took over her affairs.

Kerry Katona searching for her missing millions

LONDON - Former Atomic Kitten member Kerry Katona reportedly spent several hours with accountants on March 13, trying to figure out where her millions went to.

Obama tastes first major victory with $787 bn stimulus plan

WASHINGTON - President Barack Obama has scored a major victory with his Democratic party managing to push a huge $787 billion stimulus bill through the US Congress in the face of near unanimous opposition from the Republicans.

India Health Card brings quality healthcare to NRI families

WASHINGTON - An Indian American group of professionals has launched a first of its kind India Health Card, a prepaid, reloadable card that lets Non-resident Indians (NRIs) fund healthcare needs of their family and friends back home.

SBI Canada posts 18 percent growth

TORONTO - Amid the economic gloom, the State Bank of India posted 18 percent growth in Canada last year, according to bank president and CEO Arun Nagarajan.

Poor women in Philippines yearn for birth control

MANILA - Struggling with a daily food budget of less than $2 for a family of 12, Floriza Bacli said she was happy to spoil her children a bit on New Year’s Eve with something special - half a kilogram of fried chicken and a quarter kg of hot-dogs.

Spell out your stance on Pakistan, Advani asks PM

SHIMLA - The Bharatiya Janata Party (BJP) would not tolerate any compromise on terrorism, the party’s senior leader L.K. Advani said here Tuesday and asked Prime Minister Manmohan Singh to tell people how his government intended to deal with Pakistan.

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