COLUMBUS, Ohio (AFP) - President Barack Obama held a kitchen table summit Wednesday to try to restore Middle America's sinking faith in his administration's ability to revive the lackluster US economy.
COLUMBUS, Ohio (Reuters) - President Barack Obama said on Wednesday the United States must work out how to control its long-term deficit without hurting an economic recovery, which remains hobbled by a battered housing market.
WASHINGTON (Reuters) - A U.S. judge approved on Wednesday giant British bank Barclays Plc's $298 million (190.8 million pound) settlement of charges that it had violated U.S. trade sanctions, a day after he criticized the agreement as a "sweetheart deal."
MADRID (AFP) - Spain's government said Wednesday it will spend 500 million euros more than planned on infrastructure projects but still maintain its goal of slashing the deficit to the eurozone limit by 2013.
NEW YORK (AFP) - US auto giant General Motors on Wednesday took the first step to selling shares to the public, seeking to free itself from government control after pulling back from the abyss of bankruptcy.
NEW YORK/BOSTON (Reuters) - Stanley Druckenmiller, the investor best known as a key architect of billionaire investor George Soros' famous bet against the British pound, is closing his hedge fund firm after 30 years.
NEW YORK (Reuters) - World stocks scratched out gains on Wednesday after a forecast from U.S. retailer Target Corp aided the consumer outlook in a field of tepid earnings, while energy shares fell as crude oil prices were pressured by a disappointing industry report.
NEW YORK/DETROIT (Reuters) - General Motors Co filed for an initial public offering of stock on Wednesday, clearing a key hurdle towards repaying taxpayers for a controversial bailout just over a year after its bankruptcy.
