The US Treasury Department said Thursday that it plans to sell about 40 percent of its shares in rescued bank Ally Financial for around $3 billion. Ally Financial, the former lending arm of automaker General Motors, was bailed out by the government…
Browsing: United States News
The knives are out in some Republican circles for embattled New Jersey Gov. Chris Christie (R). According to Tegan Goddard’s Political Wire blog, one top Republican fundraiser described the governor as disloyal and self-promoting. “The guy, as a…
WikiLeaks founder Julian Assange on Friday dismissed President Barack Obama’s proposals to curb the reach of the National Security Agency (NSA), saying they would change very little. In a speech intended to quell the furor over surveillance programs…
US lawmakers were poised Friday to seize a chance to take the initiative in reforming America’s vast digital surveillance network, after President Barack Obama opened the door to them. Under pressure after fugitive intelligence contractor Edward Snowden…
US stocks finished the week modestly higher following a mixed batch of corporate earnings reports, avoiding a major retreat that had been feared early in the period. The Dow Jones Industrial Average edged 21.51 (0.13 percent) higher to 16,458.56. The…
Harrowing historical drama “12 Years a Slave” won best picture at the Critics’ Choice Movie Awards late Thursday, while 3D space spectacular “Gravity” took seven prizes. “American Hustle” — which earlier in the day shared top Oscar nominations with…
Hollywood fired the starting gun Thursday on the most crowded Oscars race for years, with “American Hustle” and 3D space drama “Gravity” topping nominations but a wide field of movies hoping for glory on March 2. “American Hustle” and “Gravity” each…
US clothing chain American Apparel has sparked controversy by putting mannequins sprouting pubic hair in the windows of their shop in New York’s boho Lower East Side. Passersby stopped to gawk, take photographs, chuckle or raise a horrified eyebrow…
In a speech earlier this morning from the Justice Department, President Obama discussed government surveillance in a speech that was as much a defense of the NSA’s activities as it was a response to growing discomfort with the agency’s surveillance…
US President Barack Obama will head to Brussels on March 26 to attend an EU-US summit, a European source told AFP Friday. The meeting is expected to give Obama the opportunity to mend ties with the 28-nation bloc, after tensions over revelations that…