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Geithner: US, Europe broadly agree on reform

Posted: 05/27/2010 - Treasury Secretary Timothy Geithner says the U.S. and Europe are in "broad agreement" on the need for regulatory reform of the financial system and is stressing his commitment to "a strong global framework of reforms."

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Treasury chief looks to calm roiling markets

Posted: 05/26/2010 - America's treasury secretary is hop-scotching his way through Europe, talking high finance. Timothy Geithner will meet with European finance officials this week to review a trillion-dollar rescue package being assembled to help stem the spreading debt crisis.

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Clinton: World must act on SKorean ship sinking

Posted: 05/26/2010 - U.S. Secretary of State Hillary Rodham Clinton says the world has a duty to respond to sinking of a South Korean warship that has been blamed on North Korea.

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Car bomb hits outside NATO base in Kandahar city

Posted: 05/26/2010 - Police say a car bomb exploded today outside a small NATO military base in southern Afghanistan's largest city, wounding two Afghans and destroying several cars.

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Ahmadinejad urges Obama to accept nuke swap deal

Posted: 05/26/2010 - Iran's president is urging Barack Obama to accept a nuclear fuel swap deal, warning the U.S. leader will miss a historic opportunity for improved cooperation from Tehran.

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New US security goals prize non-military security

Posted: 05/26/2010 - The Obama administration's new outline of the top goals for U.S. national security will say that the United States should maintain its military advantage over the rest of the world while prizing other kinds of power.

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As oil spills, Obama touts alternative energy

Posted: 05/26/2010 - President Barack Obama today will promote the benefits of alternative energy as a way to strengthen the economy and relieve the nation's dependence on foreign oil.

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Short term, oil spill means mini job boom in Gulf

Posted: 05/26/2010 - The oil spill in the Gulf of Mexico threatens the livelihoods of fishermen, restaurant workers, charter boat captains and the region's tourism industry. But some other jobs are benefiting.

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BP CEO yet to make call on choking Gulf oil gusher

Posted: 05/26/2010 - BP is still running tests and will decide this morning if it will go ahead with an effort to seal the blown-out Gulf of Mexico oil well by pumping heavy mud into a massive device on top of the breach.

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Proposal moves up a vote on gays in military

Posted: 05/25/2010 - Gay rights groups are urging quick congressional approval of a proposal to repeal the ban on gays serving openly in the military while allowing the Pentagon to continue its review of how to implement the new policy.

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Clinton: US, China share responsibility for Koreas

Posted: 05/25/2010 - U.S. Secretary of State Hillary Rodham Clinton is stepping up pressure on China to back international action against North Korea for the sinking of a South Korean warship, saying peace and security on the Korean peninsula is a shared responsibility between Washington and Beijing.

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Feds: Government can't push BP aside on oil spill

Posted: 05/25/2010 - The Obama administration's point man on the Gulf oil spill says the government doesn't have the expertise or the equipment to take over the cleanup job from BP.

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Bad cement jobs plague offshore rigs

Posted: 05/24/2010 - An Associated Press investigation has found government reports about dozens of offshore oil wells where cementing failed, as it may have in the Gulf of Mexico disaster.

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Toyota recalls Lexus cars in Japan, US to follow

Posted: 05/21/2010 - Toyota Motor Corp. is recalling 4,509 Lexus cars in Japan because of a computer problem affecting the model's steering system, with a similar recall to follow in the U.S.

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