The Treasury Department announced Wednesday it will sell its remaining shares of Detroit-based automaker General Motors and the result will be a loss for taxpayers in the billions of dollars, Politico reports.
A State Department review board investigating the Sept. 11 attacks on American facilities in Benghazi found leadership and management failures in the department for not providing adequate security prior to the attack.
All metrics of measuring the stock market reflect the increasing skepticism that has shrouded the U.S. economy since Obama’s reelection.
The Palestinian Authority’s most notable advocate of reform threatened to quit in protest over his government’s continued failure to increase transparency and crack down on rampant corruption, according to multiple sources close to the PA.
The World Health Organization (WHO) is facing criticism for its cigarette and tobacco control proposals at an upcoming November conference. WHO is considering an excise tax of up to 70 percent on cigarettes as well as new restrictions on electronic cigarettes that do not contain tobacco.
President Barack Obama has vilified Gov. Mitt Romney’s tenure at Bain Capital, a venture capital firm, as predatory capitalism—but the president praised venture capital while in the Illinois Senate, according to ABC.
In an apparent escalation in the war of words between the Obama and Romney campaigns over whether PBS should continue to receive government funding, the Washington Free Beacon has obtained an exclusive photo of the Romney campaign’s staff lunch today.
Internet message boards noted Friday that President Obama’s most memorable line from his speech to the Democratic National Convention last night, “I’m the president” may have been lifted from the 1995 movie The American President.
Republican presidential nominee Mitt Romney said that he would only back a Russian trade bill if it came with new guarantees of human rights and blasted President Obama for refusing to do the same.
Newly released emails detail a presidential briefing last summer on the Department of Energy’s loan program to help green energy companies, the Washington Post reports. According to the documents, Energy Secretary Steven Chu briefed Obama in June 2011, two months before the President’s Solyndra nightmare began.