By DAVID ESPOAP Special Correspondent
WASHINGTON (AP) - On the brink of a second term, President Barack Obama invoked Martin Luther King Jr.'s commitment to service Saturday as inauguration-goers flocked to the capital city for a distinctly American celebration including an oath-taking as old as
By MATTHEW PENNINGTONAssociated Press Writer
WASHINGTON (AP) - President Barack Obama wants Asia to be a growing focus of his second-term foreign policy, but whether that happens could depend on his ability to manage global hot spots and avert a fiscal crisis at home.
Within two weeks of his Nov.
By PAUL SCHEMM and KARIM KEBIRAssociated Press
ALGIERS, Algeria (AP) - In a bloody finale, Algerian special forces stormed a natural gas complex in the Sahara desert on Saturday to end a standoff with Islamist extremists that left at least 23 hostages dead and killed all 32 militants involved, the A
By MATTHEW CRAFTAP Business Writer
NEW YORK (AP) - More problems for Boeing's 787 sent the aircraft maker's stock down sharply Wednesday, dragging the Dow Jones industrial average lower.
Japan's two biggest airlines grounded all their Boeing 787s for safety checks Wednesday after one was
By MARCY GORDONAP Business Writer
WASHINGTON (AP) - Goldman Sachs and Morgan Stanley will pay a combined $557 million to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.
The agreements announced Wednesday with the Federal Re
NEW YORK (AP) - Stocks are opening lower on Wall Street after the World Bank said that ongoing budget fights in Washington pose a significant risk to the global economy.
Boeing dropped nearly 4 percent after Japan's two biggest airlines grounded all their 787 aircraft for safety checks after one
By ALI AKBAR DAREINIAssociated Press
TEHRAN, Iran (AP) - President Mahmoud Ahmadinejad said Wednesday Iran must move away from dependence on oil revenue to overcome Western sanctions that have slowed the economy and disrupted foreign trade.
Many Iranian officials have described the Islamic Republic&