Business News
Obama defends US wars as he accepts peace prize
2 hrs 59 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."
Exports up for 6th straight month, boost recovery
52 mins ago
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The economic recovery is likely to draw strength from exports such as farm products, autos, aircraft and industrial machinery - all of which helped lower the nation's trade deficit in October.
Frigid temperatures follow heavy snow into Midwest
2 hrs 5 mins ago
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Frigid temperatures iced the Upper Midwest as a storm that dumped more than a foot of snow in several states from Iowa to New England threatened another round on Thursday as it neared the end of its cross-country trek.
Defense Secretary Gates arrives in Iraq
2 hrs 16 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
40 mins 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
8 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.
Court to rule if Polanski can fight case from afar
5 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.