Nigerian testifies that congressman sought bribes

A Nigerian businessman says a former U.S. congressman sought bribes on both ends of a business deal he brokered between an American company and a Nigerian startup.

Rep. Frank sees banks TARP-free in a year

The U.S. banking system could be free of government money within a year, the powerful chairman of the U.S. House of Representatives Financial Services Committee said.

Congress advancing much of Obama's budget

A budget pact reached on Capitol Hill would give an endorsement to the President's agenda by his 100th day in office while putting off a series of difficult decisions on health care, global warming and taxes.

Dems: Texas governor should reject secession

A group of Texas Democrats says Republican Gov. Rick Perry was reckless when he suggested at an anti-tax rally that fed-up Americans may one day want to secede from the United States.

House OKs $410B bill to boost spending

The House has approved a $410 billion bill that boosts spending on domestic programs, bristles with congressional earmarks and chips away at policies left behind by the Bush administration.

Transportation chief eyes taxing miles driven

Transportation Secretary Ray LaHood says he wants to consider taxing motorists based on how many miles they drive rather than how much gasoline they burn - an idea that has angered drivers in some states where it has been proposed.

BP to pay nearly $180 million in pollution case

The international energy giant BP has agreed to pay almost $180 million to settle a pollution case with the U.S. government.

5 dolphins trapped behind drifting pack ice

Five exhausted dolphins have been trapped behind drifting pack ice for several days and now need rapid rescue, the mayor of an eastern Canadian village said Wednesday.

U.N. accused of failing to protect Congolese

United Nations peacekeepers are coming under intense criticism for their failure to protect Congo civilians from slaughter at the hands of rebels.

Congress trumps Obama, cuffs CEO bonuses

The stimulus package Congress passed imposes new limits on executive compensation that goes much further than restrictions proposed by the Obama administration last week.

Toyota expected to barely break even this year

Toyota slashed its profit forecast Monday for the fiscal year to barely breaking even at $555 million) as Japan's top automaker gets hammered by plunging global demand and a surging yen.

Trade barriers toughen with global slump

Only a few weeks after world leaders vowed at a Washington summit to reject trade protectionism and adhere to free-market principles as they combat the global financial crisis, a host of nations are already breaking that promise.

Internet access denied for Sept. 11 defendant

A U.S. military judge has denied a request from professed Sept. 11 mastermind Khalid Sheikh Mohammed for Internet access inside his Guantanamo cell, ruling he does not need it to prepare for his death penalty trial.

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