Analysis: Obama struggles to hit right note on economy
WASHINGTON (Reuters) – In the face of stubbornly high unemployment and grim poll numbers, the White House is struggling to find a workable strategy for selling President Barack Obama’s economic successes to voters.
The White House has launched “Recovery Summer,” whose central message to Americans appears to be, “We know you’re still suffering, but things could have been worse.”
Obama signs sweeping Wall Street overhaul into law
WASHINGTON (Reuters) – President Barack Obama signed into law on Wednesday the most comprehensive financial regulatory overhaul since the Great Depression, vowing to stop risky behavior on Wall Street that imperiled the U.S. economy.
Influential business groups lined up to criticize the new law, underscoring Obama’s uneasy relationship with America’s business community. Some on Wall Street, however, welcomed the clarity offered by the law after months of wrangling in Congress over what should be in the legislation.
Capped BP Gulf well under scrutiny, Obama cautious
HOUSTON/WASHINGTON, July 16 (Reuters) – The cap on BP Plc’s
(BP.N: Quote, Profile, Research, Stock Buzz) (BP.L: Quote, Profile, Research, Stock Buzz) stricken Gulf of Mexico oil well appeared to hold
on Friday, but officials intensified monitoring after a
critical test showed pressure rising slower than they hoped.
BP began pressure tests on the well after choking it off on
Thursday for the first time since the April 20 rig explosion
that triggered the leak. Underwater robots scanned the sea
floor for signs the undersea well was damaged.
Capped BP Gulf well under scrutiny
HOUSTON/WASHINGTON (Reuters) – BP Plc’s stricken Gulf of Mexico oil well showed no signs of leaking on Friday, but officials intensified oversight after a critical test showed pressure barely rising in the capped gusher.
BP began pressure tests on the well after choking it off on Thursday for the first time since the April 20 rig explosion that triggered the leak. Underwater robots scanned the sea floor for signs the undersea well was damaged.
BP Gulf well cap works so far
HOUSTON/WASHINGTON (Reuters) – BP Plc’s stricken Gulf of Mexico oil well showed no signs of leaking on Friday after a new cap stopped the flowing crude, but President Barack Obama warned that more needed to be done before it was fixed.
BP began pressure tests on the well after choking it off on Thursday for the first time since the April 20 rig explosion that triggered the leak. Underwater robots scanned the sea floor for signs the undersea well was damaged.
BP Gulf well cap works so far, Obama cautious
HOUSTON/WASHINGTON, July 16 (Reuters) – BP Plc’s (BP.N: Quote, Profile, Research, Stock Buzz)
(BP.L: Quote, Profile, Research, Stock Buzz) stricken Gulf of Mexico oil well showed no signs of
leaking on Friday after a new cap stopped the flowing crude,
but President Barack Obama warned that more needed to be done
before it was fixed.
BP began pressure tests on the well after choking it off on
Thursday for the first time since the April 20 rig explosion
that triggered the leak. Underwater robots scanned the sea
floor for signs the undersea well was damaged.
BP stops oil spewing into Gulf, well pressure rises
WASHINGTON/HOUSTON (Reuters) – BP Plc’s stricken oil well showed no sign of leaking on Friday after a new cap stopped crude from flowing into the Gulf of Mexico, but President Barack Obama cautioned there was more work to do before the gusher was permanently stopped.
BP was conducting a pressure test after it choked off the well on Thursday. Underwater robots scanned the sea floor for signs of oil leaks, which could happen if the undersea well is damaged.
BP stops oil spewing into Gulf
WASHINGTON/HOUSTON (Reuters) – BP Plc’s stricken oil well showed no sign of leaking on Friday after a new cap stopped crude from flowing into the Gulf of Mexico, but President Barack Obama cautioned there was more work to do before the gusher was permanently stopped.
BP was conducting a pressure test after it choked off the well on Thursday. Underwater robots scanned the sea floor for signs of oil leaks, which could happen if the undersea well is damaged.
Obama talks of job creation to skeptical Americans
HOLLAND, Michigan (Reuters) – President Barack Obama said on Thursday his policies were getting “an incredible bang for our buck” by boosting U.S. jobs, and chided Republicans for obstructing reforms he said were aiding economic recovery.
Speaking at the groundbreaking for a battery plant that has received federal dollars, Obama made no mention of one of his top reform goals — the sweeping overhaul of financial regulations now near final passage in Congress.
New U.S. AIDS policy targets prevention
WASHINGTON (Reuters) – A new domestic AIDS policy rolled out by the White House on Tuesday asks states and federal agencies to find ways to cut new infections by 25 percent, get more patients treated quickly and educate Americans about the deadly and incurable virus.
As an immediate down payment, Health and Human Services Secretary Kathleen Sebelius announced $30 million to develop better prevention methods using a combination of approaches.

