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| Citigroup gets new rescue, U.S. may own 36 percent
February 27, 2009 at 8:51 pm
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| NEW YORK/WASHINGTON (Reuters) - The U.S. government will boost its equity stake in Citigroup Inc to as much as 36 percent, bolstering the bank's capital base in the latest emergency effort to save the banking giant. |
| U.S. charges Stanford with massive Ponzi scheme
February 27, 2009 at 8:38 pm
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| HOUSTON (Reuters) - U.S. securities regulators on Friday accused Texas billionaire Allen Stanford, his college roommate and three of their companies of carrying out a "massive Ponzi scheme" over at least a decade and misappropriating at least $1.6 billion of investors' money. |
| California sees billions in losses from drought
February 27, 2009 at 4:33 pm
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| SAN FRANCISCO (Reuters) - California Governor Arnold Schwarzenegger on Friday declared a state emergency due to drought, requested broad conservation measures and said agricultural revenue losses in the coming season could top $2 billion. |
| U.S. says Mexico makes progress against drug cartels
February 27, 2009 at 4:26 pm
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| WASHINGTON (Reuters) - Mexico has made headway in its struggle against the country's powerful drug cartels, but the crackdown has led to more violence as criminal gangs battle for shrinking profits, the United States said on Friday. |
| Republicans set course in Congress budget battle
February 27, 2009 at 3:42 pm
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| WASHINGTON (Reuters) - Top Republicans charged President Barack Obama with driving the United States toward socialism on Friday, opening an ideological attack on his big spending plans. |
| Suspected al Qaeda operative charged in U.S. court
February 27, 2009 at 1:08 pm
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| PEORIA, Illinois (Reuters) - Suspected al Qaeda operative Ali al-Marri has been charged with conspiracy and material support for terrorism, shifting him into the U.S. legal system after 5-1/2 years at a military prison in South Carolina, according to court documents unsealed on Friday. |
| U.S. boosts stake in Citigroup
February 27, 2009 at 1:04 pm
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| NEW YORK/WASHINGTON (Reuters) - The U.S. government will boost its equity stake in Citigroup Inc to as much as 36 percent, bolstering the bank's capital base in the latest emergency effort to save the ailing banking giant. |
| Obama health budget raises hopes, worries
February 27, 2009 at 12:48 pm
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| CHICAGO (Reuters) - Many Americans are crossing their fingers that President Barack Obama's ambitious $634 billion plan to reform the U.S. healthcare system -- funded by a mix of tax increases and Medicare spending cuts -- will succeed, but they are worried, too. |
| Obama says combat operation in Iraq to end by Aug 2010
February 27, 2009 at 12:34 pm
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| CAMP LEJEUNE, North Carolina (Reuters) - President Barack Obama announced on Friday he would withdraw U.S. combat forces from Iraq by August 31, 2010, winding down the unpopular six-year war but leaving behind up to 50,000 troops until the end of 2011. |
| Russia bomber neared Canada before Obama visit
February 27, 2009 at 12:31 pm
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| OTTAWA (Reuters) - Canadian fighters scrambled to intercept an approaching Russian bomber less than 24 hours before U.S. President Barack Obama's visit to Ottawa last week, Canadian Defense Minister Peter MacKay said on Friday. |
| U.S. fourth-quarter GDP drop biggest since 1982
February 27, 2009 at 12:29 pm
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| WASHINGTON (Reuters) - The U.S. economy suffered its deepest contraction since early 1982 in the fourth quarter, shrinking at a much worse-than-expected 6.2 percent annual rate as exports plunged and consumers slashed spending. |
| Vatican rejects Holocaust-denying bishop's apology
February 27, 2009 at 12:09 pm
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| VATICAN CITY (Reuters) - The Vatican on Friday rejected an apology from a bishop whose denial of the Holocaust caused international uproar between Jews and Catholics, saying it did not meet its demand for a full and public recanting. |
| In hard times, more U.S. women try to sell their eggs
February 27, 2009 at 11:54 am
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| NEW YORK, Feb 27 - Drawn by payments of up to $10,000, an increasing number of women are offering to sell their eggs at U.S. fertility clinics as a way to make money amid the financial crisis. |
| World faces last chance to avoid fatal warming: EU
February 27, 2009 at 9:28 am
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| BUDAPEST (Reuters) - The world faces a final opportunity to agree an adequate global response to climate change at a U.N.-led meeting in Copenhagen in December, the European Union's environment chief said on Friday. | | | 
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