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Obama: U.S. can't afford to extend tax cuts for rich
Parma: President Barack Obama, fighting to keep Democrats in charge of Congress, said on Wednesday the United States could not afford to extend Bush-era tax cuts for the rich and accused Republicans of being fiscally irresponsible.

On a campaign trip to Ohio roughly two months before Nov. 2 midterm elections, Obama admitted his economic policies had not worked as quickly as hoped, but said his party and proposals were still better placed to boost the U.S. economy.
BP says report not about blame, then names names
Washington: "We were not about apportioning fault or blame," BP Plc's top safety official told reporters as the company released its internal investigation into the world's worst offshore oil spill.
Hyundai unveils its first electric car
Seoul: Hyundai Motor, South Korea's No.1 carmaker, unveiled its first pure electric car on Thursday, with a goal of commencing mass production of the vehicles in 2012.
     
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