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Barack Obama

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  • NEW YORK, April 5- A federal appeals court rejected UBS AG's bid to dismiss a U.S. regulator's lawsuit seeking to hold the Swiss bank responsible for losses on mortgage securities at Fannie Mae and Freddie Mac.

  • North Korea Suggests Foreign Diplomats Leave   Friday, 5 Apr 2013 | 1:18 PM ET

    While most of the world is worried about rising tensions between the U.S. and North Korea, the Obama administration is taking the posture, "don't take the bait," reports CNBC's John Harwood.

  • LONDON/ SEOUL, April 5- North Korea has asked embassies to consider moving staff out and warned it cannot guarantee the safety of diplomats after April 10, Britain said, amid high tension and a war of words on the Korean peninsula.

  • Reuters World News Highlights 1500 GMT, April 5 Friday, 5 Apr 2013 | 10:00 AM ET

    SEOUL- North Korea has placed two of its intermediate range missiles on mobile launchers and hidden them on the east coast of the country in a move that could threaten Japan or U.S.

  • Following Obama, Kerry to donate part of salary Friday, 5 Apr 2013 | 8:56 AM ET

    The announcements that Secretary of State John Kerry, the richest Cabinet member, Secretary of Homeland Security Janet Napolitano and Treasury Secretary Jacob Lew will voluntarily reduce their pay came a day after President Barack Obama and Defense Secretary Chuck Hagel said they'd return 5 percent of their paychecks to the Treasury.

  • US Must 'Play to Win' on Economy: Rep. Eric Cantor Friday, 5 Apr 2013 | 8:55 AM ET
    Eric Cantor, House Majority Leader

    The prospects for U.S. economic growth are "still too little" and "too uncertain," House Majority Leader Eric Cantor told CNBC. American can't just sit back on its laurels, he added.

  • Md. lawmakers pass strict gun control bill Friday, 5 Apr 2013 | 8:51 AM ET

    ANNAPOLIS, Md.-- Maryland's already-strong gun laws will become among the strictest in the nation with a measure passed by the General Assembly Thursday, sending the bill to the Democratic governor who proposed the legislation in the aftermath of December's massacre at a Newtown, Conn., elementary school.

  • Conn. gun law seen as model for Congress, states Friday, 5 Apr 2013 | 8:44 AM ET

    Dannel P. Malloy signed into law sweeping new restrictions on weapons and large capacity ammunition magazines Thursday in response to the Sandy Hook Elementary School massacre, a bipartisan deal that gun control proponents hope will spark action in Washington and state legislatures across the country.

  • Obama raises California cash for Democrats Friday, 5 Apr 2013 | 8:42 AM ET

    ATHERTON, Calif.-- Making a down payment on his vow to go all in for Democrats in 2014, President Barack Obama courted well-heeled donors in California on a two-day fundraising jaunt that required him to walk a fine line: Berate Republicans too much, and Obama could put fragile prospects for achieving his second-term goals in jeopardy.

  • Mayor: Fight crime by being more like NYC Friday, 5 Apr 2013 | 8:42 AM ET

    NEW YORK-- New York City's mayor met Thursday with the parents of a Chicago girl killed just days after performing at President Barack Obama's inaugural festivities, then suggested that places interested in reducing gun violence might want to emulate the Big Apple, where studies have found teenagers are less likely to carry weapons than in any other major U.S. city.

  • Emirati crown prince to visit Obama at White House Friday, 5 Apr 2013 | 8:39 AM ET

    WASHINGTON-- The White House says the crown prince of the Emirati capital of Abu Dhabi will visit with President Barack Obama later this month. Sheik Mohammed bin Zayed Al Nahyan will meet with Obama at the White House on April 16.

  • President Barack Obama will offer cuts to Social Security and other benefits programs in a budget proposal next week aimed at winning over enough congressional Republicans to pass a broad deal to reduce the deficit.

  • ATHERTON, Calif., April 4- President Barack Obama acknowledged on Thursday that getting big changes to gun laws through the U.S. Congress would be challenging, telling donors at a California fundraiser gun control was a tougher issue than immigration reform.

  • *Report says levy could rise to C $40/ tonne from C $15. CALGARY, Alberta, April 4- Alberta is considering a major increase in the carbon levy it charges oil producers as it seeks to show Washington that it is serious about meeting emission-reduction goals, while promoting the contentious Keystone XL pipeline to Texas refineries.

  • April 4- Hundreds of fast-food restaurant workers in New York City turned out for protests on Thursday in what organizers said would be their largest rally yet for better pay. Employees from familiar chains such as McDonald's Corp, Burger King and Yum Inc's KFC are seeking to roughly double their hourly wage to $15.

  • Alberta mulls tougher carbon rules on oil -report Thursday, 4 Apr 2013 | 11:14 AM ET

    CALGARY, Alberta, April 4- Alberta is considering a major increase in the carbon levy it charges oil producers as it seeks to show Washington it is serious about meeting emission-reduction goals, while promoting the contentious Keystone XL pipeline to Texas refineries.

  • UPDATE 5-Oil futures drop after weak U.S. jobs data Thursday, 4 Apr 2013 | 10:03 AM ET

    LONDON, April 4- Crude oil futures dropped on Thursday after an increase in U.S. unemployment heightened concerns over the economic growth of the world's top oil consumer. Initial claims for state unemployment benefits increased 28,000 to a seasonally adjusted 385,000, the highest since November, the Labor Department said on Thursday.

  • Few states find narrow route to gun control laws Thursday, 4 Apr 2013 | 9:03 AM ET

    From Colorado to Connecticut, a handful of very different states have advanced new gun control laws over opposition that has made such legislation a struggle nationally and a non-starter in most legislatures. All three helped drive new gun control measures in New York, Colorado and in Connecticut, where Gov.

  • New Mexico-based poet wins $50,000 Jackson prize Thursday, 4 Apr 2013 | 8:58 AM ET

    NEW YORK-- A New Mexico- based poet has received a $50,000 prize for gifted writers deserving of greater attention. Poets& Writers Inc. announced Wednesday that Sante Fe resident Arthur Sze has won the Jackson Poetry Prize. Previous winners of the Jackson prize include Elizabeth Alexander, who read a poem at President Barack Obama's first inaugural.

  • April 4- Hundreds of fast-food restaurant workers in New York City are expected to walk off the job on Thursday in what organizers said would be their largest rally yet for better pay. Employees from familiar chains such as McDonald's Corp, Wendy's and Yum Inc's KFC are seeking to roughly double their hourly pay to $15.