From NPR News in Washington, I'm Jack Speer. President-elect Barack Obama is again saying there is no indication from a review by his own lawyers that shows he had any direct contact with disgraced Illinois Governor Rod Blagojevich. Speaking in Chic...
President Bush made his fourth and final trip to Iraq today before leaving office. He defended his decision to order the US-led invasion and he met with the American troops. But his news conference in Baghdad was interrupted when an Iraqi man threw...
Utility crews have been working around the clock to restore power to the more than 800, 000 homes and businesses still without power after a severe ice storm ripped across the northeastern states, just getting to downed power lines is proving diffic...
The White House says it's exploring new options to save the auto industry after a 14-billion-dollar bailout bill collapsed in the Senate yesterday. Congressional Democrats want the Bush Administration to act quickly. NPR's Debbi Elliot reports. Whit...
Giant Bank of America is the latest financial firm to announce major job cuts. The Charlotte-based bank which is in the process of merging with Merrill Lynch, said today it plans to cut 30, 000 to 35, 000 jobs over the next three years. Tony Plath i...
A proposed 14-billion-dollar financial rescue bill for the ailing domestic auto industry may itself be in need of some help if the debate in the House has anything to go by. Virginia Republican Allen Kantar says having the government take on increas...
Illinois Governor Rod Blagojevich has been released on his own recognizance following his arrest today by federal officials on charges he sought to sell the Senate seat vacated by President-elect Barack Obama. Blagojevich is also accused of a number...
President Bush today said any plan designed to bail out the nation's domestic automakers must be examined to ensure they can survive over the long term and the taxpayer dollars get paid back. In an interview with ABC, Mr. Bush says all aspects of th...
Democratic Congressional leaders and White House officials have been conferring again today as they work out final details of a plan to offer emergency short-term federal loans to struggling US automakers. Democratic Senator Carl Lewin of Michigan s...
President-elect Barack Obama says his administration will undertake the largest public works program since the building of the interstate highway system back in the 1950s. The goal is to create millions of new jobs and bolster the sagging U.S. econo...
The news the economy lost more than half a million jobs last month, the worst one-month drop in 34 years from many economists, confirms the current recession could be longer and deeper than first thought. The government also revised downwards to the...
The CEOs of the Big Three domestic automakers were back on Capitol Hill today, pushing for a financial aid package. The Chairman of the Senate Banking Committee indicated he is favoring a federal bailout for Detroit's Big Three. NPR's Giles Snyder r...
President-elect Barack Obama says he is glad to see the Big Three automakers put forward more serious plans for restructuring, though he says he will withhold judgment on those plans until after auto executives appear at Congressional hearings. NPR'...
President-elect Barack Obama told state governors today upon his swearing-in he will be willing to help them come up with ways to create jobs and deal with declining revenues. At a meeting of the National Governors Association in Philadelphia, Mr. O...
President-elect Barack Obama has named his top national security team, Senator Hilary Clinton as Secretary of State, Robert Gates, the current Secretary of Defense to stay on and retired Marine General James Jones as National Security Advisor. NPR P...
