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Politics Barack Obama

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  • *Tyson Foods falls after profit forecast cut. Aug 3- Wall Street ended lower on Monday as tumbling oil prices dragged energy shares to a three-year low and factory data from China raised concerns about the world's second-biggest economy. Oil prices fell on fresh evidence of growing oversupply and data highlighting slowing demand in China.

  • WASHINGTON, Aug 3- President Barack Obama challenged America and the world to step up efforts to fight global warming on Monday at the formal unveiling of his administration's controversial, ramped-up plan to cut carbon emissions from U.S. power plants. The Clean Power Plan is intended to be a key part of the president's legacy on global warming, which he pledged...

  • WASHINGTON— The Treasury Department on Monday estimated that it will end up borrowing $552 billion for the current budget year, the lowest total in eight years. The figure would be a drop of 17.6 percent from last year's $670 billion and represent the smallest annual amount since the government borrowed $150 billion in 2007.. In a letter to Congress last week, Lew...

  • WASHINGTON, Aug 3- In the weeks leading up to a critical annual U.S. report on human trafficking that publicly shames the world's worst offenders, human rights experts at the State Department concluded that trafficking conditions hadn't improved in Malaysia and Cuba. And in China, they found, things had grown worse. As a result, not only Malaysia, Cuba and China, but...

  • *Tyson Foods falls after profit forecast cut. Aug 3- U.S. stocks fell on Monday as oil prices touched a six-month low and factory data from China raised concerns about the world's second-biggest economy. Oil prices fell on fresh evidence of growing oversupply and data highlighting slowing demand in China.

  • WASHINGTON, Aug 3- President Barack Obama on Monday formally unveiled his administration's ramped-up plan to cut carbon emissions from power plants and declared climate change the greatest threat facing the world. Speaking to a friendly crowd at the White House a few months before international climate talks in Paris, Obama said the world may not be able to...

  • *Tyson Foods falls after profit forecast cut. Exxon Mobil and Chevron, which also reported poor results on Friday, led the losses. Oil prices were knocked by fresh evidence of growing oversupply and data highlighting slowing demand in China.

  • UNITED NATIONS, Aug 3- United Nations Secretary-General Ban Ki- moon on Monday praised U.S. Obama's Clean Power Plan is a vital component of meeting a U.S. pledge on emissions cuts for the U.N. climate change summit in Paris in December. Obama's leadership on combating climate change was essential for encouraging other key countries to commit to securing a "...

  • Aug 3- Alpha Natural Resources Inc, one of the largest U.S. coal companies, became the latest in the hard-hit industry to seek bankruptcy on Monday. Walter Energy Inc and Patriot Coal Corp also filed for bankruptcy protection this year. Energy Future Holdings Corp, a power company that also has a large coal mining business, has been in bankruptcy since 2014..

  • It may become harder for businesses to classify workers as freelancers rather than employees following a Labor Department opinion issued last month. Previously, the Labor Department, the IRS and courts have focused on who has control over a worker— whether the work takes place on the employer's premises, the hours the worker spends on the job, who supplies tools...

  • Santos De Hoyos, one of 275,000 patients who are on both Medicare Advantage and Medicaid, said he was bracing for higher co-pays for his medication, in Mayaguez, Puerto Rico, July 16, 2015.

    Puerto Rico faces another cut to Medicare and grapples with an alarming shortage of Medicaid funds, The New York Times reports.

  • A store assistant, right, demonstrates a Micromax Informatics Ltd. smartphone to customers at the company's Micromax World store in New Delhi, India.

    It's time for US companies to step up and provide affordable technology to developing nations, says Flavio Mansi.

  • NEW YORK— Alpha Natural Resources Inc., one of the country's biggest coal producers, became the latest in a string of coal companies to seek bankruptcy protection amid an historic shift in the electric power sector brought on by cheap natural gas and stricter pollution regulations. Alpha operates about 60 coal mines, many in parts of Appalachia that have seen...

  • Obama proposes to cut greenhouse emissions

    President Obama to order steeper cuts in greenhouse gas emissions for power plants.

  • Pelosi said the pope's manifesto, which called for a bold cultural revolution, carried a moral authority with the power to directly shape public sentiment on the issue, and perhaps in turn influence members of Congress. The California Democrat and House minority leader made the comments as President Barack Obama prepared to unveil later in the day new...

  • FP&L is the state's largest electric utility, and NextEra operates in 26 other states and Canada. Now, NextEra is opening its own coffers to support Right to Rise, the super PAC formed to help Bush's bid for the presidency. Kristy Campbell, a Bush campaign spokeswoman, denied any conflict of interest in Bush's relationship with NextEra.

  • WASHINGTON— President Barack Obama is mandating even steeper greenhouse gas cuts from U.S. power plants than previously expected, while granting states more time and broader options to comply. The tweaks to Obama's unprecedented emissions limits on power plants, to be unveiled at the White House on Monday, aim to address a bevy of concerns raised by both...

  • WASHINGTON, Aug 2- President Barack Obama will unveil on Monday the final version of his plan to tackle greenhouse gases from coal-fired power plants, kicking off what is expected to be a tumultuous legal battle between federal environmental regulators and coal industry supporters. The White House said its revised Clean Power Plan will increase the required...

  • MELBOURNE, Aug 3- London copper slipped on Monday on jitters over China's economic health, after factory growth stuttered in July and a central bank official said downward pressure on the economy would persist into the second half. *Growth at China's big manufacturing companies unexpectedly stalled in July as demand at home and abroad weakened, an official...

  • WASHINGTON, Aug 2- The White House said it will launch the first ever rule on Monday to cut carbon emissions from power plants, a plan that opponents in the coal industry and their political allies will fight in the courts. In a fact sheet issued on Sunday, the White House said President Barack Obama's Clean Power Plan will cut emissions by 32 percent from 2005 levels...