01/01/1970 :Obama hails auto bailout as good news in Michigan
(AP)
(business) : AP - A year after the government's big auto-industry bailouts, President Barack Obama on Friday trumpeted increased car sales and progress on battery-powered vehicles as a beacon of success in his administration's battle to revive a hurting U.S. economy. But his upbeat assessment can't mask daunting challenges for U.S. automakers and painfully high unemployment.
01/01/1970 :Agency weighs skirting Congress on immigration
(AP)
(business) : AP - The Obama administration, unable to push an immigration overhaul through Congress, is considering ways it could go around lawmakers to let undocumented immigrants stay in the United States, according to an agency memo.