Obama names Richardson to Cabinet
President-elect Barack Obama named Bill Richardson as his choice for commerce secretary on Wednesday, after passing over his vanquished Democratic rival for secretary of state.
Dealers desperate for auto bailout
Local dealers say that in the auto crisis, they are where the rubber meets the road. While a bailout of the auto industry won't solve longstanding problems, they say, it could buy them time to ride out the credit crisis that has sent sales plummeting.
Treasury urged to cut mortgage rates
Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates in an effort to stabilize the housing market.
Jeb Bush eyes run for U.S. Senate
Still popular in Florida, former Gov. Jeb Bush said Wednesday that he's interested in the seat Sen. Mel Martinez is giving up, and the field of possible candidates could quickly narrow to make way for the president's younger brother.
Attacks in Iraq at lowest since '03
Attacks fell in November to their lowest monthly level since the Iraq war began in 2003, despite recent high-profile bombings aimed at shaking public confidence, a U.S. commander said Wednesday.
India siege raises concerns at U.S. hotels
The deadly attack in India had far-reaching implications for police and private security officials in New York and other U.S. cities.
Fewer toys with high lead levels, group finds
After the high-profile recalls of millions of lead-contaminated toys last year, a watchdog group said that its tests found fewer toys with high levels of chemicals in them this year.
I'll drink to that: Prohibition repeal turns 75
With wraiths of the 1930s seemingly lurking around every corner — Stock panic! Bank failures! Cloche hats! — the appeal of repeal is particularly strong this year, with a number of bars and restaurants planning to mark the milestone.
California Democrat considered for trade job
Rep. Xavier Becerra, a strong proponent of labor protections in free trade pacts, is in discussions with the Obama transition team about taking the job of U.S. trade representative.
Alert over Web sites touting stem cell therapies
Consumers should be wary of Web sites from clinics that offer stem cell treatments, says a study that found a lack of firm medical evidence to back up their claims.