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Obama economic plan aims for 2.5M new jobs by 2011
WASHINGTON - President-elect Barack Obama promoted an economic plan Saturday he said would create 2.5 million jobs by rebuilding roads and bridges and modernizing schools while developing alternative energy sources and more efficient cars.
People:Barack Obama Activities:Obama Admin. 2008 Global Recession Source:(AP)
2008-11-22
Obama moves quickly to fill Cabinet positions
WASHINGTON - President-elect Barack Obama has moved with unusual speed to select officials for his administration, and senior Democratic officials say he intends to name Timothy Geithner as his treasury secretary as soon as Monday.
Nations:Brazil U.S. South Korea People:Bill Clinton Kathleen Sebelius Robert Gates Henry Paulson Bill Richardson Ben Bernanke Activities:Obama Admin.
2008-11-22
Federal regulators shut 2 California thrifts
WASHINGTON - Federal regulators on Friday shut down two big thrifts based in Southern California, saying they fell victim to the acute distress in the housing market in that state.
Nations:U.S. Activities:Global Financial Crisis Source:(AP)
2008-11-22
Obama low key but active in auto rescue talks
WASHINGTON - Even while publicly sidelining himself, President-elect Barack Obama was active behind the scenes during congressional debate this past week over an auto industry bailout.
People:Christopher Dodd Dick Durbin Barack Obama John McCain George W. Bush Activities:Obama Admin. 2008 Automakers Downturn Source:(AP)
2008-11-22
US to convene 'urgent' meeting of global market regulators
WASHINGTON (AFP) - A teleconference of global market regulators will be held Monday to discuss "urgent" actions to confront the financial crisis, US officials announced Friday.
Activities:Global Financial Crisis Source:(AFP)
2008-11-22
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Africa-China