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Obama To Donate $1.4 Million of Nobel Prize To Haiti And Others According to The Associated Press, President Barack Obama has released a statement announcing his plans to donate $1.4 million of his Nobel Peace Prize to several causes. Survivors of the Haiti earthquake, veterans and their families, and students will all be included as several organizations will receive and disburse the awards. Veterans ...

New York Bank Seized By Regulators, 27th Closure This Year According to The Wall Street Journal, LibertyPointe Bank of New York has been seized by banking regulators with deposits estimated at about $209.5 million. The bank closure is the 27th bank failure of 2010, based on reports by the Federal Deposit Insurance Corp. Valley National Bank of New Jersey will assume the bank's deposit ...

U.S. Considering New Car Manufactoring Guidelines According to The Wall Street Journal, the Obama administration is considering implementing new rules in the auto industry requiring improved brake technology and crash report methods for vehicles. The head of U.S. highway-safety regulations defended his departments efforts in responding to the recent mayhem involving Toyota Motor Corp. ...

House Democrats Look To Vote On Health Despite Abortion Opposers According to The Associates Press, Democratic leaders in the U.S. House of Reps will look to reach a vote on President Barack Obama's health reform bill without gathering support from their anti-abortion counterparts. The group acknowledges that the issue brings a major obstacle into the bill's passage and is not willing to take the matter ...