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Obama, Southeast Asia leaders eye China and trade at California summit

February 15, 2016 by · Leave a Comment 

President Barack Obama will press leaders from Southeast Asia to boost trade and back common goals for the South China Sea during a summit starting on Monday that the White House hopes will solidify U.S. influence in the region. Obama will also discuss curbing North Korea and plans…

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Obama, Southeast Asia leaders eye China and trade at California summit

president-barack

Corporate winners of Obama budget still face long odds

February 9, 2016 by · Leave a Comment 

By Lewis Krauskopf NEW YORK (Reuters) – Facing a hostile Congress in an election year, President Barack Obama will be hard-pressed to push through many of the proposals in his final budget as U.S…

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Corporate winners of Obama budget still face long odds

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Obama to seek new tax on oil in budget proposal

February 4, 2016 by · Leave a Comment 

U.S. President Barack Obama will propose a $10-a-barrel fee on oil in his budget plan next week, as the White House seeks to boost the nation's investments in clean transportation projects, the White House said on Thursday. The fee, which would be paid by oil companies, is likely to fall flat in the Republican-controlled Congress. In the last year of his presidency, Obama has said the country must stop subsidizing the “dirty” fossil fuels of the past and focus on…

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Obama to seek new tax on oil in budget proposal