Obama’s top energy adviser says no way Congress can pass climate change bill this yearWASHINGTON — President Barack Obama’s top energy adviser says there is no way Congress will be able to pass a bill on climate change this year. Regulators close Michigan bank, small banks in Colorado, Minnesota; marks 98 US bank failuresNEW YORK — Regulators have shut Warren Bank in Warren, Mich., and two small banks in Colorado and Minnesota, boosting the number of failed U.S. banks this year to 98 as loan defaults rise in the worst financial climate in decades. Regulators close Michigan bank, small bank in Minnesota; marks 97 US bank failures this yearNEW YORK — Regulators have shut down Warren Bank in Warren, Mich., and a small bank in Minnesota, boosting the number of failed U.S. banks this year to 97 as loan defaults rise in the worst financial climate in decades. Madoff trustee sues Madoff’s brother, sons, niece to recover almost $200 million for investorsNEW YORK — Bernard Madoff’s brother, sons and a niece used the family finance business like a “piggy bank,” a court-appointed trustee says, and he is suing them to return almost $200 million that he says fueled their lavish lifestyle at the expense of investors. Regulators close Warren Bank in Michigan; 96th US bank closed this yearNEW YORK — Regulators have shut down Warren Bank in Warren, Mich., the 96th U.S. bank failure this year as loan defaults rise in the worst financial climate in decades. Senate GOP leader offers no support for Ensign amid new allegations about cover-up affairWASHINGTON — Sen. John Ensign of Nevada was only beginning to emerge from a self-imposed political exile over fallout from his extramarital affair with a campaign aide. Now, tawdry new details about the case are raising fresh questions whether Ensign can be re-elected in 2012 — or even face criminal charges over his behavior. Obama reaches historic milestone on health care but with no guarantee he’ll prevail in the endWASHINGTON — Eight months in office, Barack Obama has now pushed closer than any other president in generations to creating a basic health care safety net for working Americans. Yet the fate of legislation delivering on his goal is far from certain: Republicans are nearly unified in opposition, Democrats hardly united in support. Health bill’s progress is historic _ but opposition shows it’s still a long way from passageWASHINGTON — Barack Obama has pushed closer than any president in generations to creating a basic health care safety net for most Americans, yet the fate of legislation delivering on his promise is far from certain. Conn. officials demand to know if insurers discussed proposed health reform with policyholdersHARTFORD, Conn. — Connecticut officials demanded to know Friday if the state’s five largest insurance companies have sent policyholders information about a possible impact on Medicare of health care changes debated in Washington. Allergan suing US regulators, saying off-label marketing policy violates free-speech rightsNEW YORK — Allergan Inc., the maker of the Botox wrinkle treatment, challenged the government’s ban on off-label drug marketing to doctors, saying it violates the company’s right to freedom of speech. Chickens, fresh apples and other local foods can give indigestion to local officialsChickens finally can roost legally in Bozeman, Mont. EU says British Airways, American Airlines, Iberia alliance may break antitrust rulesBRUSSELS — European Union regulators said Friday they have warned British Airways, American Airlines and Iberia that their plans to share more of their lucrative trans-Atlantic routes may break antitrust rules. EU regulator says British Airways, American Airlines, Iberia alliance breaks antitrust rulesBRUSSELS — European Union regulators said Friday they have charged British Airways, American Airlines and Iberia with breaking antitrust rules by sharing lucrative trans-Atlantic routes. EU says British Airways, American Airlines and Iberia alliance breaking antitrust rulesBRUSSELS — European Union regulators said Friday they have charged British Airways, American Airlines and Iberia with breaking antitrust rules by sharing lucrative trans-Atlantic routes. Democratic liberals and moderates in key Senate committee close ranksWASHINGTON — Health care legislation backed by President Barack Obama all but cleared a major hurdle in the Senate early Friday as Democratic liberals and moderates on a key committee closed ranks behind the most sweeping set of changes in a half-century. Shuar Indians man roadblock in dispute with Ecuador’s government over mining, water lawsMACAS, Ecuador — Several hundred Shuar Indians wearing black war paint and toting wooden spears on Thursday reinforced a highway blockade that police failed to break up earlier in a bloody melee that left one Indian dead and at least 40 police injured. Democratic Sen. Schumer criticizes Obama administration position on media shieldWASHINGTON — A key Senate sponsor of a bill to protect reporters’ sources in federal court said Thursday the Obama administration has unexpectedly tried to weaken the protections. Health overhaul just a step away from Senate floor, Dems ease impact on working-class familiesWASHINGTON — Capping months of struggle, Democrats pushed health care legislation atop President Barack Obama’s agenda to the brink of a major Senate advance early Friday after last-minute changes to ease the impact on working-class families. The most far-reaching overhaul in decades aims to protect millions who have unreliable insurance coverage or none at all. Lawmakers divided by region over how to spend $350 million set aside for dairy farmersWASHINGTON — Although federal lawmakers have agreed to provide $350 million to dairy farmers, they were haggling Thursday on just how to dish out most of the money. AP sources confirm Comcast is in talks for up to a 51 percent stake in NBC UniversalPHILADELPHIA — Comcast Corp. might spend billions for a stake in NBC Universal, a deal that would transform the nation’s largest cable TV provider into one of the most prominent owners of TV shows, movies and other programming as well. Next CEO of BofA still uncertain, but will have to repair damaged relations, balance sheetNEW YORK — The CEO who succeeds the departing Ken Lewis at Bank of America Corp. will have plenty of repair work to do, including mending relationships with regulators and investors after the animosity that followed the acquisition of Merrill Lynch & Co. this past year. Finance Committee senators agree to let states negotiate health plans for the poorWASHINGTON — Senators trying to make health care more affordable want to let state governments negotiate basic coverage plans for some lower-income people. Democrats turn back GOP health bill tax amendments as Sen. aims to finish debate by nightfallWASHINGTON — Rejecting Republican amendments, Democrats turned back GOP efforts to cast the health care overhaul as a tax hike on the middle class Thursday, as a crucial Senate panel aimed to wrap up debate on the measure by nightfall. Troubled W.Va. bank agrees to greater scrutiny by regulatorsCHARLESTON, W.Va. — The parent company of Summit Community Bank says it has agreed to closer government scrutiny and been ordered to suspend dividends. Obama administration, Congress members looking to ban text messaging from the driver’s seatWASHINGTON — The Obama administration said Thursday it will seek to ban text messaging by interstate bus drivers and truckers and push states to pass their own laws against driving cars while distracted. House approves $33.5 billion for 2010 spending on energy and water projectsWASHINGTON — The House agreed Thursday to essentially freeze spending on energy and water projects next year after pouring tens of billions of dollars into them as part of last winter’s economic stimulus plan. Pelosi hedges on calls for Democratic apology, but cautions against inflammatory rhetoricWASHINGTON — House Speaker Nancy Pelosi says anyone using harsh rhetoric to raise fears about health care reform should apologize and get on with writing policy, but said there’s no reason to single out a Florida Democrat who said Republicans want sick Americans to “die quickly.” Obama administration to push for text messaging bans for truck and bus driversWASHINGTON — Transportation Secretary Ray LaHood says the Obama administration will pursue new federal rules that could ban text messaging by truck and interstate bus drivers and urge states to pass laws against distracted driving. Democrats turn back GOP health bill tax amendments as Baucus aims to finish panl work ThursdayWASHINGTON — Rejecting Republican amendments, Democrats turned back GOP efforts to cast the health care overhaul as a tax hike on the middle class Thursday, as a crucial Senate panel aimed to wrap up debate on the measure by nightfall. Federal judge rejects US Airways’ effort to serve liquor on New Mexico flightsALBUQUERQUE, N.M. — A federal judge has ruled New Mexico officials can keep US Airways from serving alcohol on its New Mexico flights after a passenger caused a drunken-driving crash that killed five people. |
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