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Barack Obama

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  • 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.

  • 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.

  • LONDON, April 4- Brent crude oil steadied at around $107 per barrel on Thursday after its biggest fall in five months on signs of faltering economic growth and rising stocks of fuel. "Investors are shifting out of oil and commodities and into equities after poor returns," said Eugen Weinberg, head of commodities research at Germany's Commerzbank.

  • SINGAPORE, April 4- Brent crude edged up above $107 on Thursday after its biggest fall in five months in the previous session, but prices stayed close to this year's low, as weak data and swelling inventories in top consumer the United States muddied the demand outlook.

  • WASHINGTON, April 4- The president of the U.S. Export-Import Bank on Thursday defended his agency from conservative Republicans who want to close it down, as well as against a new complaint by Delta Air Lines Inc that the bank's support for Boeing gives foreign airlines an unfair advantage.

  • SINGAPORE, April 4- Brent crude edged up above $107 on Thursday after its biggest fall in five months in the previous session, but prices stayed close to this year's low as weak data and swelling inventories in top consumer the United States muddied the demand outlook.

  • *Powerful Senate chair says she opposes the rider. So Section 735 would benefit biotech seed companies such as Monsanto Co and Dow Chemical Co.. "We'll certainly try to get that language put into the farm bill," Mississippi farmer Danny Murphy, president of the American Soybean Association, told Reuters.

  • DETROIT, April 3- Tesla Motors Inc will unveil details about its revamped dealer service and expanded network of fast-charging stations this month in a series of moves the 10- year-old company plans to boost its sales.

  • Obama Plans to Return Portion of Salary to Treasury Wednesday, 3 Apr 2013 | 4:36 PM ET
    President Barack Obama

    President Obama will return 5 percent of his salary each month to the Treasury in a show of solidarity with federal workers smarting from government-wide spending cuts, the White House said Wednesday.

  • Obama Taking 5% Salary Cut  Wednesday, 3 Apr 2013 | 3:11 PM ET

    President Obama is reportedly returning 5 percent of his salary in tribute to furloughed federal workers, with CNBC's John Harwood.

  • Three Black Swans Are Hovering Over Markets Wednesday, 3 Apr 2013 | 2:47 PM ET

    The chatter in the market may be bullish but there is a real danger that something could go wrong—something no one is talking about now but will be once they get hit by some unexpected development.