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Tag Archives: Barack Obama

Obama’s inversion curbs kill Pfizer’s $160 billion Allergan deal

U.S. drug maker Pfizer Inc agreed on Tuesday to terminate its $160 billion agreement to acquire Botox maker Allergan Plc, in a major victory to U.S. President Barack Obama’s drive to stop tax-dodging corporate mergers. The decision to end the biggest tax “inversion” ever attempted, which would have seen Pfizer …

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Higher taxes in Obama’s budget would cut deficits: CBO

U.S. President Barack Obama’s fiscal 2017 budget would produce $6.9 trillion in deficits over the next decade if enacted, about $2.4 trillion less than under current tax and spending laws, congressional forecasters said on Tuesday. The Congressional Budget Office said in a new analysis, however, that its 10-year deficit estimate …

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Beyonce, Easter Bunny highlight Obama’s final egg roll

Rain clouds auspiciously parted, A-list guests including the Easter Bunny and Beyonce were on hand and first dogs Sunny and Bo obliged for selfies as U.S. President Barack Obama celebrated his final Easter egg roll at the White House on Monday. Obama and first lady Michelle Obama hosted 35,000 guests …

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U.S. court to hear Argentine debt injunction appeal on April 13

A U.S. appeals court will hold a hearing on April 13 to analyze the possible lifting of injunctions that have restricted Argentina from paying off some of its debts, according to an order issued by the court late on Friday. On Thursday, the U.S. government asked the 2nd U.S. Circuit …

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Obama arrives in Argentina to reset relations after years of tension

U.S. President Barack Obama arrived in Argentina on Wednesday to reset diplomatic relations and strengthen trade ties with a country that was part of South America’s left-wing bloc until pro-business President Mauricio Macri took power in December. Obama’s two-day visit marks a rapprochement after years of sour relations and is …

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Obama spars with Cuba’s Castro over human rights in historic visit

U.S. President Barack Obama pushed Cuba to improve human rights during his historic visit to the Communist-led island on Monday, publicly sparring with President Raul Castro who showed flashes of anger and hit back at U.S. “double standards”. Obama praised Castro for openly discussing their differences but he said a …

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Obama in Cuba on historic visit

President Barack Obama arrived to small but cheering crowds on Sunday at the start of a historic visit to Cuba that opened a new chapter in U.S. engagement with the island’s Communist government after decades of hostility between the former Cold War foes. The three-day trip, the first by a …

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Obama nominates moderate, veteran judge for Supreme Court

President Barack Obama nominated veteran appellate court judge Merrick Garland to the U.S. Supreme Court on Wednesday, setting up a potentially ferocious political showdown with Senate Republicans who have vowed to block any Obama nominee. Considered a moderate, Garland, 63, is currently chief judge of the U.S. Court of Appeals …

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Considered twice before, Garland gets call to top court

Merrick Garland, the federal appeals court judge picked by President Barack Obama for the Supreme Court, was twice before considered as a nominee for the lifetime job as a justice but passed over when Obama chose Sonia Sotomayor and Elena Kagan. Garland, 63, has been a judge on the U.S. …

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