In what may be President Obama’s version of a peace pipe, the commander-in-chief handed political leaders a parting gift of White House beer as they left a luncheon at the White House Friday afternoon.
The U.S. Department of Agriculture has approved commercial planting of a potato that is genetically modified to resist bruising and to produce less of a chemical that has caused cancer in animals.
Regulators closed a small lender in California on Friday, marking the 17th U.S. bank failure this year after 24 closures in 2013.
Newly released emails show Attorney General Eric Holder said that Justice Department prosecutors who were critical of the department's handling of the fallout of the Fast and Furious gun-walking scandal could "kiss my ass."
The Veterans Affairs Department is considering disciplinary action against more than 1,000 employees as it struggles to correct systemic problems that led to long wait times for veterans seeking health care and falsification of records to cover up delays, VA Secretary Robert McDonald said.
Louisiana Sen. Mary Landrieu faces the run-off of her political life next month to keep her seat after nearly 20 years in office. But her challenges come from several fronts: not just her hard-charging Republican opponent but also the reality that Democrats may be a vanishing breed in the Deep South.
Billionaire investor Warren Buffett’s Berkshire Hathaway beat estimates on earnings per share in the third quarter. After reporting after the bell, shares pulled back just a bit in after hours after hitting an all-time high earlier in the day.
President Barack Obama has nominated a longtime White House foreign policy adviser to the No. 2 post at the State Department.
The 2014 midterms just ended, and the 2016 White House race may already be underway.
Berkshire Hathaway topped analyst estimates with third-quarter adjusted earnings of $2,876 a share vs. $2,228 a share in the year-earlier period.
Warren Buffett's Berkshire Hathaway booked an 8.6% drop in quarterly profit from a year ago, posting a loss on investments and derivatives from a year-ago gain.