It was the fight for racial justice in South Africa by Mr. Mandela that first inspired a young Barack Obama to public service, the New York Times reports.» Read More
MANAMA, Dec 7- The United States has a proven and enduring commitment to Middle East security, backed by diplomatic engagement and a fierce array of warplanes, ships, tanks, artillery and 35,000 troops, Pentagon chief Chuck Hagel told Gulf Arab leaders on Saturday.
NUSA DUA, Indonesia, Dec 7- The World Trade Organization reached its first ever trade reform deal on Saturday to the roar of approval from nearly 160 ministers who had gathered on the Indonesian island of Bali to decide on the make-or-break agreement that could add $1 trillion to the global economy.
WASHINGTON, Dec 6- Strong demand from Gulf countries for Lockheed Martin Corp's F-35 fighter jet has prompted Washington to grapple with the thorny question about releasing the jet to the region sooner than expected, a senior U.S. defense official said.
NUSA DUA, Indonesia, Dec 7- Ministers appeared close to sealing the world's biggest trade reform for two decades early on Saturday but a last-gasp objection from Cuba forced an overnight halt, leaving the World Trade Organization four votes short of a final victory.
NEW YORK, Dec 6- A federal judge on Friday rejected a last-ditch effort by consumers and travel agents to stop American Airlines and US Airways from merging next week, a move they fear would drive prices up and service down and make planes more crowded.
*Cuba could veto, but diplomats expect deal to be agreed. NUSA DUA, Indonesia, Dec 7- Ministers appeared close to sealing the world's biggest trade reform for two decades early on Saturday after India, the most vocal holdout, endorsed a draft text presented by the head of the World Trade Organization.
NEW YORK, Dec 6- A federal judge on Friday rejected a last-ditch effort by consumers and travel agents to stop American Airlines and US Airways from merging next week, which they fear would drive prices up and service down and make planes more crowded.
RIO DE JANEIRO, Dec. 6- A Brazilian state judge suspended a plan to unify the bankruptcy protection petitions of tycoon Eike Batista's oil producer and shipbuilder, saying the joint petition could hurt the interests of a creditor that opposed the plan.
CHICAGO, Dec 6- A top Federal Reserve official said on Friday he was "open-minded" to the idea of reducing the U.S. central bank's bond purchasing stimulus program this month, but he would like to see a stronger labor market first.
CHICAGO, Dec 6- A top Federal Reserve official said on Friday he would ideally like to see more signs of recovery in the labor market before the U.S. central bank reduces its bond-buying stimulus program, although he was open-minded.
*India withdraws objections, hailing a victory for global community. *Cuba could veto, but diplomats expect deal to be agreed.
Tom Corbett will begin the formal process Friday of seeking approval for his plan to bring billions of federal Medicaid expansion dollars to Pennsylvania to extend health insurance to half a million working poor.
WASHINGTON, Dec 6- A report showing strong gains in U.S. employment also showed no progress in reducing long-term joblessness and should steer Washington toward extending unemployment benefits set to expire this year, the White House said on Friday. But White House economist Jason Furman said the drop was "entirely short-term unemployed finding jobs."
SALT LAKE CITY-- The diagnosis for the federal government's malfunctioning online insurance marketplace is improving from October when only 350 Utah residents were able to buy insurance, health care experts said Thursday.
ATLANTA-- There's more evidence that U.S. births may be leveling off after years of decline. The Centers for Disease Control and Prevention's latest figures show the number of births from July 2012 through last June were essentially the same as the previous 12 months, suggesting the trend is continuing.
WASHINGTON-- The Federal Reserve reports how much consumers borrowed in October. The report will be released at 3 p.m. EST Friday. BORROWING MORE: The forecast is that consumer borrowing rose $13.9 billion in October compared with September when borrowing had increased $13.7 billion.
WASHINGTON-- The Commerce Department reports how much consumers spent and earned in October. The report will be released at 8:30 a.m. EST Friday. MODEST GAINS: The forecast is that consumers increased spending 0.2 percent compared with September, according to a survey by FactSet.
A panel of five EPA rulemakers- including Chris Grundler, director of the EPA's Office of Transportation and Air Quality- listened intently as groups of five to six speakers came up in succession to state their positions.
WASHINGTON _ Commerce Department releases wholesale trade inventories for October, 10 a.m. Eastern; Labor Department releases job openings and labor turnover survey for October, 10 a.m..
WASHINGTON, Dec 5- The United States urged Europe and Asia to match its efforts to make the financial industry safer, saying on Thursday it likely had done enough to ensure taxpayers will not have to bail out banks again in future crises.