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Top News & Analysis Washington DC

  • CHILLICOTHE, Ohio-- Josh Mandel, the Republican nominee for the U.S. Senate, declines to take a stand on the 2009 bailout of the auto industry and reserves judgment on vice presidential candidate Paul Ryan's plans for Medicare.

  • WASHINGTON-- A top Senate Democrat said Tuesday that tax rates on the wealthy should go up and that tax breaks benefiting the middle class must be preserved.

  • WASHINGTON, Oct 9- The Treasury Department's inspector general is investigating a popular stimulus program that helped rooftop solar panel projects turn tax credits into cash grants.

  • WASHINGTON, Oct 9- The U.S. Supreme Court on Tuesday refused to consider a challenge to a 2008 federal law granting immunity to AT&T Inc and other telecommunications companies for helping the government eavesdrop on customers' private phone conversations.

  • WASHINGTON-- About 100 medium-sized U.S. banks will have to show how prepared they are to withstand a financial crisis next year, under a rule adopted Tuesday.

  • WASHINGTON, Oct 9- For details of the U.S.

  • WASHINGTON-- In a story Oct. 2, The Associated Press reported that South Korea had set a goal to make all of its textbooks digital by 2015. In June, South Korea modified the plan to exclude some grades and to allow paper textbooks to be used alongside digital books while paper books are phased out.

  • WASHINGTON, Oct 9- The U.S. Supreme Court on Tuesday refused to consider a challenge to a 2008 federal law granting immunity to AT&T Inc and other telecommunications companies for helping the government eavesdrop on customers' private phone conversations. The 9th U.S. Circuit Court of Appeals had upheld the law in December 2011.

  • NEW YORK, Oct 9- Metlife Inc said Tuesday it will build an asset-management business for outside investors focusing on investments in real estate equity, commercial mortgages and debt private placement.

  • SAN FRANCISCO-- The rise in California gasoline prices has slowed after recent jarring increases, but nonetheless the cost of a gallon inched up to another record high, even as officials hope their emergency action will help ease the sticker shock.

  • WASHINGTON-- The Supreme Court has ruled out reviving lawsuits against Halliburton Corp. over insurgent ambushes that killed civilian truck drivers in Iraq.

  • NEW YORK, Oct 9- Metlife Inc said Tuesday it will build an asset-management business for outside investors focusing on investments in real estate equity, commercial mortgages and debt private placement.

  • SINGAPORE/ BEIJING, Oct 9- China's Sinopec has started work to build Southeast Asia's largest oil storage terminal at Indonesia's Batam Free Trade Zone, industry sources said on Tuesday. Industry sources said the project was originally planned as a joint-venture between the Chinese refiner and OilTanking, a unit of the privately held Marquard& Bahls.

  • WASHINGTON-- The Supreme Court is staying out of the fight over efforts by Amazon rain forest residents to collect more than $18 billion from Chevron Corp. for environmental damage in Ecuador.

  • NEW YORK-- President Barack Obama deployed Big Bird in a new campaign ad Tuesday mocking Mitt Romney's vow to end federal funding for public broadcasting.

  • WASHINGTON-- Nine years after the Supreme Court said colleges and universities can use race in their quest for diverse student bodies, the justices have put this divisive social issue back on their agenda in the middle of a presidential election campaign.

  • WASHINGTON-- Republican presidential candidate Mitt Romney says he has a plan to help people with pre-existing medical conditions get health insurance.

  • Not helping him much is the Republican Party he leads. When talking with unaffiliated voters, "it's more important to sell Romney" than Republican policies, said Jordan McSwain, 19, who makes about 800 phone calls a week for GOP candidates from the central North Carolina town of Salisbury.

  • SAN FRANCISCO-- California has set a state record for gasoline prices _ but the hikes may be slowing. The highest average price in the state, at $4.75, is in the San Luis Obispo, Atascadero and Paso Robles area.

  • *De Guindos denies Spain's forecasts are too optimistic. LUXEMBOURG, Oct 9- The euro zone believes Spain's budget cuts should take account of its recession, its economy minister said, as regional policymakers debated whether to let the country slacken the pace of its austerity drive.