U.S. intelligence analysts have access to vast online tracking tool: report
WASHINGTON (Reuters) – U.S. intelligence analysts can use a secret National Security Agency program to scour wide-spanning databases tracking online traffic, the Guardian newspaper reported on Wednesday, citing documents from former NSA contractor Edwa…
Arkansas Republican congressman running against Senator Pryor
Little Rock, Arkansas (Reuters) – Arkansas Representative Tom Cotton, a rising star in the Republican party serving his first term in Congress, will run against Democratic U.S. Senator Mark Pryor in what is likely to be one of the most hotly contested …
Ex-NCAA athletes prevail in lawsuit over EA video games
(Reuters) – A divided U.S. federal appeals court ruled against Electronic Arts Inc in a lawsuit by former collegiate athletes who accused the company of using their images in video games without permission.
Senators question U.S. energy market settlement with JPMorgan
WASHINGTON (Reuters) – Two Democratic Senators on Wednesday asked U.S. energy regulators for more details on how terms of a settlement were reached on alleged power market manipulation in California and the Midwest by a unit of JPMorgan Chase & Co.
Obama’s defense of Summers not tied to Fed decision: White House
WASHINGTON (Reuters) – White House spokesman Jay Carney said on Wednesday that any defense by President Barack Obama of former senior economic adviser Lawrence Summers’ record should not be interpreted as a sign the president favors Summers to head the…
U.S. Navy defends presidential copter bid format as firms bail out
WASHINGTON (Reuters) – The U.S. Navy on Wednesday defended the way it structured a competition for development of a new presidential helicopter, even as all but one of the companies interested in the multibillion-dollar program pulled out of the runnin…
Obama has ‘long list’ of Fed candidates: Senate’s Reid
WASHINGTON (Reuters) – President Barack Obama told U.S. Senate Democrats that he has a “long list” of potential candidates to take over as Federal Reserve Board chairman next year, and his party will support any of them.
U.S. Senate panel approves bill to bolster FHA finances
WASHINGTON (Reuters) – A U.S. Senate panel on Wednesday approved a bipartisan bill aimed at bolstering the finances of the Federal Housing Administration, which may need to turn to taxpayers for a bailout later this year.
Obama defends Summers on 2009 economic stimulus
WASHINGTON (Reuters) – U.S. President Barack Obama pushed back on Wednesday against critics who complain that his former top economic adviser, Lawrence Summers, was not aggressive enough in seeking more economic stimulus funds than Congress ultimately …
Obama says several candidates for Fed chair: Rep. Israel
WASHINGTON (Reuters) – President Barack Obama on Wednesday told U.S. House of Representatives Democrats that there were many candidates besides Lawrence Summers as his potential nominee for Federal Reserve Board chairman, Representative Steve Israel sa…