WASHINGTON (Reuters) – The U.S. government rang up a $94.32 billion budget deficit in June, a record for the month, as the price tag for efforts to prop up the economy, banks and automakers mounted while revenues weakened. Read more…
WASHINGTON (Reuters) – A combative President Barack Obama on Monday sought to regain the initiative on overhauling the U.S. healthcare system after legislation slowed down in the Congress while he was abroad last week. Read more…
NEW YORK (Reuters) – A U.S. bankruptcy judge gave General Motors Corp permission on Monday to buy several assets of bankrupt auto parts supplier Delphi Corp as part of a deal with a private equity firm that could take Delphi out of bankruptcy. Read more…
KIRKUK, Iraq (Reuters) – The top U.S. military commander urged rival factions in Iraq’s disputed city of Kirkuk, the heart of a bitter feud over land and oil, to reconcile ahead of the coming U.S. military withdrawal. Read more…
NEW YORK (Reuters) – Admitted thief Bernard Madoff was moved from his New York jail cell on Monday and was traveling to federal prison, a U.S. prison official said. Read more…
NEW YORK (Reuters) – Marc Dreier, a high-profile New York lawyer who admitted to a $400 million investment fund fraud that unraveled at the same time as Bernard Madoff’s huge swindle, was sentenced to 20 years imprisonment on Monday. Read more…
WASHINGTON (Reuters) – The United States called on Iran on Monday to release U.S. citizen Kian Tajbakhsh and said it was “deeply concerned” about the scholar, who was detained in Tehran last week and has previously been accused of spying. Read more…
MINNEAPOLIS (Reuters) – A federal grand jury in Minneapolis indicted two men on Monday on charges of conspiracy and aiding terrorism overseas, according to court papers. Read more…
WASHINGTON (Reuters) – Saying the new H1N1 virus is “unstoppable”, the World Health Organization gave drug makers a full go-ahead to manufacture vaccines against the pandemic influenza strain on Monday and said healthcare workers should be the first to get one. Read more…
Executive says sports publisher scoffed at creating MMA brawler a year and a half ago; UFC 2009: Undisputed nears 2M shipped.