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Obama reserves judgment on automakers' plans

Posted: 12/03/2008 - President-elect Barack Obama says it appears that the heads of the Big Three automakers are coming back to Congress with a "more serious set of plans" for how their companies are going to survive.

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Obama taps Richardson for Commerce

Posted: 12/03/2008 - President-elect Barack Obama has selected New Mexico Gov. Bill Richardson to be secretary of commerce in his new administration.

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DC wants Obama to back Congress vote with limo tag

Posted: 12/03/2008 - The District of Columbia is urging President-elect Barack Obama to use license plates on the presidential limousine that support the city's attempt to get a vote in Congress.

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Franken gets bump from 171 found ballots

Posted: 12/03/2008 - A newly discovered group of ballots is giving a slight boost to Democrat Al Franken's chances in the disputed Minnesota Senate race, but it still isn't enough to undo the incumbent's persistent lead.

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Government recommends Kansas for biodefense lab

Posted: 12/03/2008 - Congressional lawmakers and staff say the federal government will recommend a site in Kansas for a new $450 million laboratory to study biological threats like anthrax and foot-and-mouth disease.

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GM says it needs $12 billion loans by late March

Posted: 12/02/2008 - General Motors says it needs $4 billion in government loans this month and a total of $12 billion by late March to keep operating. The troubled automaker says it plans to slash its numbers of workers, vehicle brands and plants by 2012.

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Panel: Bio attack likely in next 5 years

Posted: 12/02/2008 - A report obtained by The Associated Press says the U.S. can expect a terrorist attack using nuclear or biological weapons in the next five years.

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Bredesen lauds Obama's meeting with governors

Posted: 12/02/2008 - Tennessee Gov. Phil Bredesen says a meeting President-elect Barack Obama and Vice President-elect Joe Biden had with the nation's governors in Philadelphia was productive.

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Chrysler president: All sides made concessions

Posted: 12/02/2008 - Chrysler LLC President and Vice Chairman Jim Press isn't giving details of the business plan that will be presented to Congress, but he says it will tackle product mix, vehicle pricing and quality and fiscal responsibility.

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Paulson urges Chinese to continue currency reforms

Posted: 12/02/2008 - Treasury Secretary Henry Paulson says China must continue allowing its currency to rise in value against the dollar as part of reforms to address trade tensions with the United States.

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