Obama proposes carbon limits on new US power plants

US President Barack Obama has unveiled a proposal to limit carbon emissions on new power plants built in the US.   It would be the first federal attempt to impose limits on the pollution blamed for global warming.   "Climate change - caused by…

JP Morgan makes $920m London Whale payout to regulators

US bank JP Morgan Chase has agreed to pay four regulators $920m (£572m) relating to a $6.2bn loss incurred as a result of the "London Whale" trades.   The settlement is the third biggest banking fine by US regulators, and the second largest by UK…

Deadline to legalize foreign workers looms; hoteliers complain of red tape

The Hotels and Tourism Association (Asonahores) on Thursday complained that laborers, severance pay, the legal status of seasonal workers and immigration difficulties faced by its mid level and senior executives are its main challenges, a statement…

US lawmakers vote to cut food stamp benefits from 2014

US lawmakers have narrowly voted to cut food stamp benefits from next year despite a veto threat from the White House and opposition by lobby groups.   The Republican-led House of Representatives passed the bill by 217-200. But it has little chance…

US House Passes Budget Bill That Defunds Health Care Law

The U.S. House of Representatives has passed a temporary funding measure that would keep the government operating, but defunds President Barack Obama's signature health care law.   The Republican-controlled House passed the measure Friday by a vote…

Vice President Biden Visits Mexico for Trade Talks

U.S. Vice President Joe Biden is urging the United States and Mexico to develop a stronger economic partnership, saying it is the most important part of the relationship between the two countries.   Biden told Mexican President Enrique Peña Nieto on…

Death Toll in Nigerian Militant Attack Rises to 143

Nigerian officials say the death toll from an attack by Islamist militants earlier this week has risen to 143.   An official with the Environmental Protection Agency says authorities have been collecting corpses since the attack took place Tuesday…

Nearly 100 Dead After Mexico Storms

Mexican rescue workers continued the grim search Friday for people missing after strong storms triggered mudslides that engulfed parts of several towns and villages on both coasts.   People are searching the wreckage in La Pintada, west of the…

Pollution Rules Proposed for New US Power Plants

The U.S. Environmental Protection Agency on Friday proposed new rules to cut carbon pollution from new coal-fired power plants. EPA administrator Gina McCarthy said the new standards "can slow the effects of climate change and fulfill our obligation…

US granted Venezuela permission to enter airspace

The United States said Friday it granted access to its airspace so Venezuela's president can fly to China, denying claims by Caracas that permission was denied. On Thursday, Venezuelan President Nicolas Maduro bristled with outrage at the "serious…