Business News
Obama defends US wars as he accepts peace prize
1 hr 18 mins ago
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President Barack Obama entered the pantheon of Nobel Peace Prize winners Thursday with humble words, acknowledging his own few accomplishments while delivering a robust defense of war and promising to use the prestigious award to "reach for the world that ought to be."
Defense Secretary Gates arrives in Iraq
35 mins ago
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U.S. Defense Secretary Robert Gates was in Iraq Thursday to meet with Iraqi officials amid a wave of bombings that have claimed 127 lives and rattled the country's government. U.S. military leaders who greeted Gates defended the Iraqi security forces' response to the attacks.
Obama: Afghanistan troop drawdown won't be steep
3 hrs ago
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President Barack Obama said Thursday that the withdrawal of U.S. troops from Afghanistan, set to start in 19 months, will be gradual, and U.S. aid to that nation will last for years.
Showdown vote nears on importing low-cost drugs
6 hrs ago
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A bipartisan group of lawmakers hopes to finally win a long struggle to ease curbs against importing low-cost prescription drugs but will have to overcome the Obama administration and the pharmaceutical industry to do so.
Soros: Finance gap could 'wreck' climate talks
1 hr 50 mins ago
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The $10 billion a year proposed by rich nations to help the poor adapt to climate change is "not sufficient" and the gap between what's offered and what's needed could wreck the Copenhagen climate conference, American billionaire George Soros said Thursday.
Court to rule if Polanski can fight case from afar
4 hrs ago
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A Los Angeles appeals court on Thursday considers whether Roman Polanski needs to appear in person to pursue his claim that his child rape case was tainted by judicial and prosecutorial misconduct and should be thrown out.