Yahoo! News: Elections

Congress, White House agree on $790B stimulus bill (AP) Posted: 12 Feb 2009 12:33 AM CST AP - Moving with lightning speed, the Democratic-controlled Congress and White House agreed Wednesday on a compromise $790 billion economic stimulus bill designed to create millions of jobs in a nation reeling from recession. President Barack Obama could sign the measure within days.

Bankers Vow to build trust with increased lending (AP) Posted: 12 Feb 2009 12:48 AM CST AP - The nation's top bankers came to account for themselves Wednesday to a wary public, displaying a blend of financial might and humility as they pledged to build public trust with greater lending and fewer perks.

Wall Street offers mea culpa for meltdown (AP) Posted: 11 Feb 2009 03:51 PM CST AP - How's this for an image makeover? Someone on Wall Street is actually apologizing for any role he or his bank may have played in underwriting a housing bubble that burst and plunged the nation into a recession.

Peanut Co. owner refuses to testify to Congress (AP) Posted: 11 Feb 2009 08:16 PM CST AP - See the jar, the congressman challenged Stewart Parnell, holding up a container of the peanut seller's products and asking if he'd dare eat them. Parnell pleaded the Fifth.

Late night talks yield a deal (Politico) Posted: 11 Feb 2009 07:11 PM CST Politico - Capping a remarkable march through Congress, President Barack Obama’s economic recovery bill is all but assured of passage this week, after House and Senate Democrats reached agreement Wednesday on a $789 billion package acceptable to moderate Republicans in the Senate.

FBI may shift counterterror agents to anti-fraud (AP) Posted: 11 Feb 2009 05:05 PM CST AP - With thousands of fraud investigations under way, the FBI is considering shifting agents away from counterterrorism work to help sort through the wreckage of the financial meltdown.

Justice Dept. to probe Ticketmaster deal (AP) Posted: 11 Feb 2009 06:27 PM CST AP - The Justice Department will investigate the proposed merger of ticketing giant Ticketmaster Entertainment Inc. with Live Nation Inc. to see if it would create an unfair monopoly in the ticket-selling business.

Senate confirms former lobbyist as Pentagon No. 2 (AP) Posted: 11 Feb 2009 08:12 PM CST AP - The Senate voted overwhelmingly on Wednesday to confirm William Lynn as deputy defense secretary, endorsing President Barack Obama's decision to waive ethics regulations by putting a former defense lobbyist in charge of day-to-day operations at the Pentagon.

Cadets told getting help won't hurt their careers (AP) Posted: 11 Feb 2009 05:22 PM CST AP - Following four suicides at the U.S. Military Academy at West Point, officials said Wednesday they are emphasizing to cadets that seeking help for mental health problems won't jeopardize their military careers.

67 computers missing from nuclear weapons lab (AP) Posted: 12 Feb 2009 12:31 AM CST AP - The Los Alamos nuclear weapons laboratory in New Mexico is missing 67 computers, including 13 that were lost or stolen in the past year. Officials say no classified information has been lost.

Obama nears win on stimulus plan to boost economy (Reuters) Posted: 12 Feb 2009 12:41 AM CST Reuters - The U.S. Congress is poised to pass as early as Thursday a $789 billion package of tax cuts and spending programs aimed at reviving the staggering economy, a big, yet bittersweet victory for President Barack Obama.

Highlights of compromise economic stimulus plan (AP) Posted: 11 Feb 2009 11:36 PM CST AP - Highlights of a nearly $789 billion compromise version of President Barack Obama's economic recovery plan agreed to by Democrats and moderate Senate Republicans. Additional debt costs would add about $330 billion over 10 years. Many provisions expire in two years.

Unknown powder found in federal offices in Texas (AP) Posted: 11 Feb 2009 11:04 PM CST AP - The FBI headquarters in El Paso was evacuated Wednesday after two people in the mail room were exposed to a white powdery substance in a letter that was addressed to Mitt Romney, the former Massachusetts governor and Republican presidential candidate.

Senate panel approves Panetta to be next CIA chief (Reuters) Posted: 11 Feb 2009 08:53 PM CST Reuters - Leon Panetta, U.S. President Barack Obama's choice to head the Central Intelligence Agency, was approved on Wednesday by the Senate intelligence committee.

NY House members defend Citigroup deal with Mets (AP) Posted: 11 Feb 2009 08:53 PM CST AP - New York House members want the Obama administration to ignore the little-town blues of a couple of out-of-state congressmen who want a $400 million stadium-naming deal between Citigroup and the New York Mets to disappear.

Israeli rivals battle for power after tight vote (AFP) Posted: 11 Feb 2009 08:49 PM CST AFP - Israeli Foreign Minister Tzipi Livni and hawkish ex-premier Benjamin Netanyahu were locked in a battle for power after a photo-finish election that could send peace talks into limbo.

US lawmakers ink 789 billion dollar stimulus deal (AFP) Posted: 11 Feb 2009 08:28 PM CST AFP - US lawmakers faced final votes on a plan to pump 789 billion dollars into the sputtering US economy on Thursday, promising President Barack Obama a major victory by week's end.

Senate clears ex-lobbyist as Pentagon No. 2 (Reuters) Posted: 11 Feb 2009 08:06 PM CST Reuters - The U.S. Senate approved William Lynn, a former Raytheon Co lobbyist, to be deputy secretary of defense after he received a special White House waiver from strict new rules meant to close a "revolving door" between government and big business.

Lucas: Obama more powerful than Skywalker (Politico) Posted: 11 Feb 2009 07:39 PM CST Politico - We all know that Barack Obama has achieved superstar status. But is he an actual hero? Like in the action movie sense?

Obama: Ford's Theatre a tribute to Lincoln legacy (AP) Posted: 11 Feb 2009 07:31 PM CST AP - President Barack Obama says the theater where President Abraham Lincoln was assassinated remains a hallowed space and a tribute to the president who kept the United States whole.

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