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Fiat deal with Chrysler likely to close today

Posted: 06/10/2009 - The Supreme Court has cleared the way for the sale of the bulk of Chrysler's assets to Fiat. The high court rejected an appeal by a trio of Indiana pension and construction funds, consumer groups and others who wanted to block the transaction.

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White House not worried about detainee trial in NYC

Posted: 06/10/2009 - The White House is brushing off security concerns over the impending trial of the first Guantanamo detainee brought to America since President Barack Obama ordered the camp closed.

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Bailout overseer: Bank repayments sign of progress

Posted: 06/10/2009 - The head of a congressional panel overseeing the federal financial system bailout fund says Washington initially underestimated how much banks in America were struggling to stay afloat.

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As many as 35 killed in southern Iraq

Posted: 06/10/2009 - Iraqi officials have raised the casualty toll in a car bombing in a mainly Shiite area in southern Iraq to as many as 35 killed and 45 wounded.

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North Korea threatens to use nuclear weapons in 'merciless offensive'

Posted: 06/09/2009 - Pyongyang vows to use nuclear weapons as part of a "merciless offensive" against anyone who would "touch the country's dignity and sovereignty even a bit." The threat comes in a commentary carried in a state-run newspaper and the official Korean Central News agency.

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US releases Iraqi Shiite militia leader

Posted: 06/09/2009 - British and Iraqi officials say the U.S. military has freed a Shiite militant allegedly backed by Iran and accused of the 2007 killing of five American soldiers.

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Investigators warn bank stress tests not enough

Posted: 06/09/2009 - Independent investigators say a government test of whether 19 major banks could survive a further downturn in the economy may have relied on too rosy a scenario.

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7,000 US Marines patrolling southern Afghan desert

Posted: 06/08/2009 - Some 7,000 new U.S. troops ordered to Afghanistan by President Barack Obama are fanning out across the country's dangerous south on a mission to defeat an increasingly violent Taliban insurgency.

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Pakistanis rise against Taliban after mosque blast

Posted: 06/08/2009 - A local police chief says retaliation by Pakistani tribesman for a deadly mosque attack continues with two militant strongholds surrounded and the homes of Taliban commanders destroyed.

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North Korea bans ships from coastal waters

Posted: 06/08/2009 - Japan's coast guard says North Korea has warned maritime traffic away from the country's east coast, and that's being seen as one more sign that another missile launch is coming.

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U.S. trading partners warn of protectionism

Posted: 06/08/2009 - Canada and the European Union are complaining loudly, warning that protectionist moves by Congress could poison global trade relations.

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Obama ramps up stimulus spending to create jobs

Posted: 06/08/2009 - President Barack Obama is promising to deliver more than 600,000 jobs through his $787 billion stimulus plan this summer, with federal agencies pumping billions into public works projects, schools and summer youth programs.

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Pakistan mosque bombing leaves 30 dead

Posted: 06/05/2009 - A government official says an attack on a northwestern Pakistan mosque was carried out by a suicide bomber and that the death toll has hit 30.

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No 'hard commitment' on Gitmo from Germans

Posted: 06/05/2009 - President Barack Obama says hasn't asked Germany to take specific detainees from Guantanamo Bay, Cuba, and that Chancellor Angela Merkel hasn't agreed to any "hard commitments."

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Obama sees mood better for Mideast peace talks

Posted: 06/05/2009 - President Barack Obama says he's worked harder than other presidents in recent years to arrange a Mideast peace agreement, arguing he's created "the space, the atmosphere" for new talks.

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