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Barack Obama

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  • IMF sets June deadline for progress on governance reforms Wednesday, 28 Jan 2015 | 8:41 PM ET

    President Barack Obama has so far been unable to persuade Republicans in Congress to act on the measure. The board of the International Monetary Fund said Wednesday the institution's 188 member countries should agree on steps that could make "meaningful progress" toward the reforms by June 30, without providing details. Finance chiefs around the world had...

  • "net neutrality" rules are expected to regulate for the first time deals in which content companies such as Netflix Inc pay broadband providers to connect with their networks for smooth downloads, according to people familiar with the plan. The new draft is expected to expand the authority of the FCC to previously unregulated traffic exchange deals, known as...

  • U.S. health insurers eye higher Obamacare profit margins Wednesday, 28 Jan 2015 | 6:06 PM ET

    NEW YORK, Jan 28- Top U.S. health insurers say their businesses offering medical coverage under so-called Obamacare are turning into profitable ventures and that they are now aiming to be on par with other sought-after government health programs. This puts the business closer to a profit margin that many insurers earn on the government's Medicare Advantage...

  • President Barack Obama congratulated Greek Prime Minister Alexis Tsipras on his election this week in a call on Tuesday and said Washington looked forward to working with Athens in its efforts to boost the country's economy. "The president noted that the United States, as a longstanding friend and ally, looks forward to working closely with the new Greek...

  • WASHINGTON, Jan 28- The Obama administration estimates that up to 29 percent of U.S. taxpayers could have to take the law known as Obamacare into account as they complete their 2014 income tax returns, officials said on Wednesday. Treasury expectations for about 150 million income tax filings, which are due to the Internal Revenue Service by an April 15 deadline.

  • FACT CHECK: Both sides in Keystone XL debate bend facts Wednesday, 28 Jan 2015 | 4:39 PM ET

    WASHINGTON— Supporters of the Keystone XL pipeline, which would run from Canada to the Gulf, say the privately funded, $8 billion project is a critically needed piece of infrastructure that will create thousands of jobs and make the U.S. dependent on oil from friends, rather than foes. But a March 2013 analysis by the State Department concluded that the tar sands...

  • *Sale of assets including stake in Greece's main utility halted. *Greek bank stocks fall 26 pct, Athens index tumbles 9 pct. *Greek minister says Athens against sanctions on Russia.

  • WASHINGTON— In a rare show of bipartisanship over President Barack Obama's health care law, a Senate committee voted unanimously Wednesday to exclude veterans from the 50- worker threshold that triggers required coverage for employees under that statute. Yet senators' comments suggested that party-line battling over many aspects of the statute— and other...

  • WASHINGTON, Jan 28- Republican Senator Rand Paul, a potential 2016 presidential candidate, on Wednesday re-introduced a bill that would expose the Federal Reserve's monetary policy discussions and decisions to a congressional audit. The Kentucky senator's move to re-introduce the bill, along with 30 co-sponsors, comes as Republican lawmakers and some...

  • McCain: Obama delusional on possible Iran deal Wednesday, 28 Jan 2015 | 9:28 AM ET
    Sen. John McCain (R-AZ) talks to reporters after a closed door briefing June 4, 2014 on Capitol Hill in Washington.

    Returning from Saudi Arabia, Sen. John McCain tells CNBC he's most concerned about the threat posed by Iran.

  • Car industry heads lobby to drop tariffs between EU, US Wednesday, 28 Jan 2015 | 9:03 AM ET

    BERLIN, Jan 28- The heads of German car companies including BMW, Daimler and Audi lobbied politicians on Wednesday to reach a trade deal that could see tariffs dropped between the United States and the European Union. BMW boss Norbert Reithofer said around 40 percent of all cars produced are sold in Europe and the United States. Carmakers waste resources...

  • White House drops 529s tax change  Wednesday, 28 Jan 2015 | 6:52 AM ET

    The Obama administration is scrapping its proposal to tax 529 colleg plans, reports CNBC's John Harwood.

  • President Barack Obama and German Chancellor Angela Merkel expressed their concern about Russia's role in rising violence in eastern Ukraine in a phone call late on Tuesday and agreed on the need for funds to stabilise the Ukrainian economy. The White House said both leaders were worried about " Russia's materiel support for the separatists" and its failure...

  • OTTAWA, Jan 28- Justin Trudeau, the man with the best shot at replacing Stephen Harper as Canada's prime minister, will spend this year's election campaign trying to convince voters that he is more than just a pretty face. Trudeau, 43, a relative political novice, took over Canada's storied but struggling Liberal Party in 2013 and quickly hauled it into first place...

  • NEW YORK, Jan 28- President Barack Obama's plan to put the United States at the forefront of individually tailored medical treatment should give a much-needed boost to research in the field but experts say it won't work without reforms to healthcare, including drug testing and insurance. Obama said he wanted the United States to "lead a new era of medicine, one...

  • US govt tells agents to ID immigrants not to deport Wednesday, 28 Jan 2015 | 12:24 AM ET

    WASHINGTON— The Obama administration has ordered immigration agents to ask immigrants they encounter living in the country illegally whether they might qualify under President Barack Obama's plans to avoid deporting them, according to internal training materials obtained by The Associated Press. The directives from the Homeland Security Department...

  • Poll: Most say restore health aid if court kills subsidies Wednesday, 28 Jan 2015 | 12:03 AM ET

    WASHINGTON— Most Americans including significant numbers of Republicans would want lawmakers to restore federal aid for buying coverage under President Barack Obama's health care law if the Supreme Court annuls some of the subsidies, according to a poll released Wednesday. But should the Supreme Court strike down subsidies for millions of people who buy...

  • WASHINGTON, Jan 27- An employee of a U.S. spy agency has confessed to operating a small drone that crashed on the grounds of the White House, the agency said on Tuesday, the latest in a series of incidents that raised questions about the president's security. A spokesman for the National Geospatial Intelligence Agency said that an off-duty employee had told the U.S.

  • Trade Representative says Congress should pass fast-track. *Senate committee chair warns no Pacific pact before fast-track. WASHINGTON, Jan 27- The top U.S. trade official told lawmakers on Tuesday an ambitious Pacific trade pact could be wrapped up within months as he urged Congress to back the administration's trade agenda.

  • President Barack Obama met with Saudi Arabia's King Salman on Tuesday to pay respects to the late King Abdullah and bolster a relationship that now stretches well beyond oil interests to security cooperation across the volatile Gulf Arab region. Saudi Arabia, the Middle East's top Sunni power, has been anxious over the possibility that the talks would lead to...