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AP Business News
11/08/2009 15:25:23
| Obama says it's now Senate's turn on health care
WASHINGTON (AP) - President Barack Obama said Sunday it was time for the Senate to ``take the baton'' on health care reform after the House passed its plan for overhauling the nation's health care system. ``For years we've been told that this couldn't be done,'' Obama said in a brief statement from the Rose Garden. ``But last night the House proved different.'' More » | Holiday airfares close to last year but climbing
If holiday travelers on the same plane compare what they paid to fly, they're likely to find quite a spread, depending on when they bought their tickets. Fares for travel around the holidays have been rising since late summer. Christmas fares are now running 4 percent below a year ago, and the gap is likely to disappear soon. More » | Chinese premier pledges funds, aid to Africa
SHARM EL-SHEIK, Egypt (AP) - China's premier on Sunday pledged $10 billion in new low interest loans to African nations over three years, offering the beleaguered continent sorely needed cash while dismissing criticism that Beijing's motives in Africa are far from altruistic. Wen Jiabao's promise at the start of a two-day China-Africa summit was warmly received by African leaders and officials, most of whose nations confront a miasma of despair further accentuated by a global financial crisis that is only now showing signs of abating. More » | Indian PM hopes for 7 percent growth next year
NEW DELHI, India (AP) - The Indian government is pushing ahead with economic reforms aimed at achieving a growth rate of more than 7 percent next year but will make sure the benefits reach the poor, Prime Minister Manmohan Singh said Sunday. India's economy is expected to expand 6.5 percent this year despite inadequate monsoon rains that caused agricultural production to dip, Singh told participants in a three-day India Economic Summit organized by the World Economic Forum. More » | Philly transit strike in 6th day; no new talks
PHILADELPHIA (AP) - No new talks are scheduled as the strike by Philadelphia bus drivers, subway and trolley conductors and mechanics enters its second work week following the collapse of a proposed deal. The largest union of Southeastern Pennsylvania Transportation Authority workers wants an independent audit of pension funds. The union is also rejecting language that could reopen the contract if SEPTA's costs increase due to national health care reform. More » |
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