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Barack Obama

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  • MUMBAI, July 8- India's IT outsourcing firms are betting on U.S. The United States is the biggest market for the outsourcing industry, which is dominated by Tata Consultancy Services Ltd, Infosys Ltd and Wipro Ltd.. "In terms of technology maturity, other sectors like manufacturing, banking, are a lot more mature than healthcare," said Rajib Bhattacharya, head of a...

  • President Barack Obama has spoken to German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras about the Greek financial crisis, the White House said on Tuesday.

  • WASHINGTON— The U.S. trade deficit widened slightly in May, reflecting declines in sales of American-made aircraft and machinery as exports continued to suffer from a strong dollar. The deficit increased 2.9 percent to $41.9 billion in May, up from an April imbalance of $40.7 billion, the Commerce Department reported Tuesday. Imports fell 0.1 percent to $230.5...

  • WASHINGTON— The Commerce Department reports on the trade gap for May at 8:30 a.m. Eastern Tuesday. WIDER DEFICIT: Economists think the deficit widened by just under $2 billion, to $42.8 billion in May, according to a survey of economists by data firm FactSet. President Barack Obama won a hard-fought trade victory last month when Congress finally passed the...

  • European Commission President Jean-Claude Juncker says authorities are prepared for all eventualities in Brussels' drawn-out negotiations with Greece about its financial crisis— including a scenario in which debt-laden Greece leaves the euro single currency or the European Union itself. We have a Grexit scenario, prepared in detail, "Juncker said after...

  • It's not just the problem of Greece— it's the future of the European Union "that's at stake, he said. And highlighting the rising anger with Tsipras over months of foot-dragging and surprising negotiating twists, European Commission President Jean-Claude Juncker had a stark warning for Greece. "We have a Grexit scenario, prepared in detail," he said, referring to...

  • SAN FRANCISCO, July 6- Facebook Inc's Chief Operating Officer Sheryl Sandberg is taking a seat on the board of SurveyMonkey, the online polling company that was run by her late husband, Dave Goldberg. also appointed to its board David Ebersman, the chief executive officer of behavioral health company Lyra Health and the former chief financial officer of...

  • Treasury Secretary Jack Lew spoke on Monday with Greece's prime minister and finance minister and said Washington looked forward to Athens and other parties resuming conversations toward resolving the Greek situation, a Treasury spokeswoman said. Lew voiced hope such an outcome "will allow Greece to make difficult but necessary fiscal and structural...

  • President Obama: Fight against ISIS will not be quick

    President Obama delivers a strategy update on the fight against ISIS from The Pentagon. President Obama says the fight will not be quick but the group can and will be defeated.

  • Senator calls for a crackdown on 'dark money' Monday, 6 Jul 2015 | 1:11 PM ET
    Money Politics Government

    If Congress won't get tough on "dark money" in elections, President Obama should, says Sen. Sheldon Whitehouse.

  • WASHINGTON— Having lost their latest war against President Barack Obama's health care overhaul, Republicans must decide how to wage battles that could fan the issue for the 2016 elections. Last month's Supreme Court decision upholding the statute's federal subsidies, which help millions of Americans afford health care, shattered the GOP's best chance of...

  • WASHINGTON, July 6- Former U.S. Attorney General Eric Holder will return as a partner at the law firm he had left to become the nation's top law enforcement official, his new employer said in a statement. Holder, who led the Justice Department from 2009 to 2015 and was one of President Barack Obama's longest-serving cabinet members, will return to Covington& Burling,...

  • WASHINGTON— Earlier this year, Hillary Rodham Clinton's campaign lost count of its experts. In the months before she began her second run for the White House, Clinton spent hours quizzing economists, lawyers, educators and activists about everything from executive compensation to the latest research on lead paint. "It was like I hadn't left Harvard," Roland Fryer,...

  • HOUSTON— A Texas man used social media to promote his gun store, posting politically charged messages that criticized the president and promoted Second Amendment rights. But after losing ownership of his suburban Houston store in bankruptcy, Jeremy Alcede spent nearly seven weeks in jail for refusing a federal judge's order to share with the new owner the...

  • WASHINGTON— After July Fourth fireworks and parades, members of Congress return to work Tuesday facing a daunting summer workload and a pending deadline to fund the government or risk a shutdown in the fall. Republicans are eager to avoid another Capitol Hill mess as they struggle to hang onto control of Congress and try to take back the White House next year.

  • VIENNA— Nine days into marathon nuclear talks, U.S. World powers and Iran are hoping to clinch a deal by Tuesday, setting a decade of restrictions on Iran's nuclear program and granting Iran significant relief from international sanctions. Kerry met for 3 ½ hours on Sunday with Iranian Foreign Minister Mohammad Javad Zarif, as top diplomats from the five other...

  • NEW YORK, July 3- Aetna Inc's $37 billion deal to buy smaller health insurer Humana Inc will face rigorous scrutiny from U.S. regulators, which antitrust experts said could also make other large-scale mergers in the sector more difficult. The deal follows weeks of intense discussions about potential combinations among the five biggest U.S. health insurers:...

  • NEW YORK, July 3- Aetna Inc's $37 billion deal to buy smaller health insurer Humana Inc will face rigorous scrutiny from U.S. regulators, which antitrust experts said could also make other large-scale mergers in the sector more difficult. The deal follows weeks of intense discussions about potential combinations among the five biggest U.S. health insurers:...

  • JetBlue launches NY-to-Havana charter flights Friday, 3 Jul 2015 | 1:40 PM ET
    Customers check in at the JetBlue counter at John F. Kennedy Airport

    JetBlue Airways said it began direct charter flights between New York and Havana on Friday.

  • JetBlue launches New York-to-Havana charter flights Friday, 3 Jul 2015 | 1:29 PM ET

    July 3- JetBlue Airways Corp said it began direct charter flights between New York and Havana on Friday, the first major U.S. carrier to fly the route following U.S. The airline said Cuba Travel Services Inc is offering the weekly flight on Fridays between New York's John F. Kennedy International Airport and Havana's Jose Marti International Airport.