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Obama snubs Putin: How bad will the fallout be?

America's president accuses Russia of a "Cold War mentality" as the Edward Snowden fallout worsens. What now?President Obama has canceled a scheduled one-on-one meeting with Russian President Vladimir Putin following Russia's decision to grant asylum to Edward Snowden, White House officials said Wednesday.The cancelation of the September summit represents the most significant fallout yet … [Read more...]

Renting White House comes with a monthly $1.8 mln price tag!

New York, August 7 (ANI): A real estate blog has claimed that US President Barack Obama's current residence, the White House, would cost a tenant 1.8 million dollars a month in rent. … [Read more...]

US aid to Egypt under scanner following McCain labeling Morsi’s ousting ‘military coup’

London, Aug. 7 (ANI): The US senator has reportedly contradicted earlier statements by White House and labeled the ousting of former Egyptian president Mohamed Morsi as a coup thereby hinting to possible legal ramifications for American aid. … [Read more...]

Obama to meet troops at Camp Pendleton

President Barack Obama will meet with U.S. troops and their families Wednesday during a stop at California's Camp Pendleton. The White House says the president wants to thank the service members and military ... … [Read more...]

Box Office Shocker: ‘Now You See Me’ Crosses $100 Million Overseas

Summit's $75 million magician heist pic has earned roughly $235 million worldwide, more than big-budget tentpoles "The Lone Ranger" and "White House Down." … [Read more...]

Obama Dines with Jeffrey Katzenberg in Los Angeles After ‘Tonight Show’

White House officials confirm that the president met "his longtime friend" following the taping of his appearance on Jay Leno's late-night show. … [Read more...]

Obama Talks Hillary Clinton, Edward Snowden on ‘Tonight Show’

President Obama trekked to Burbank on Tuesday to tape his fourth appearance on “The Tonight Show with Jay Leno,” hoping to reach audiences who otherwise may not be tuned to the White House message. According to a White House pool report, Leno asked Obama about his lunch with Hillary Clinton, and whether she was measuring... Read more » … [Read more...]

Daniel Loeb In Retreat: Backs Off Sony For Now With Praise For CEO Kazuo Hirai And George Clooney; But Can He Be Trusted?

Nikki Finke who is on vacation will have a fuller Loeb vs Sony report soon. Apparently, The Most Hated Man In Hollywood just wasn’t comfortable being labeled “The Most Dangerous Man To Our Industry” by George Clooney for all the world to read (via Mike Fleming’s exclusive Deadline interview and carried by Yahoo this past weekend). So now Third Point hedge fund CEO Daniel Loeb claims today he’s … [Read more...]

Obama going to G20 in Russia, calls embassy threat significant

BURBANK, Calif., Aug 6 (Reuters) - U.S. President Barack Obama confirmed on Tuesday that he would go to Russia this fall for a G20 summit but expressed disappointment that Russia had granted temporary asylum to former government contractor Edward Snowden. Speaking on NBC's "The Tonight Show" with host Jay Leno, Obama said Moscow sometimes still slips into a Cold War mentality. He did not mention … [Read more...]

Factbox: Highlights of Obama’s plan to boost housing

(Reuters) - President Barack Obama on Tuesday called on Congress to overhaul the nation's decades-old mortgage finance system and wind down government-backed Fannie Mae and Freddie Mac. Since the housing market has started to rebound, with far fewer foreclosures and rising home values, the White House wants to help spur the recovery. Obama unveiled a new strategy that ultimately places the … [Read more...]

Summer of Doom: 3 Lessons From Hollywood’s Latest Busts

Hollywood’s casualty list of major box office flops seems to grow every weekend. From The Lone Ranger to White House Down, some of the summer’s most expensive films have become the most costly mistakes. Some films like R.I.P.D. won’t even be able to recoup their mega-budget price tag. What a stark contrast to Warner Brother’s... … [Read more...]

Promoting the American Dream of Homeownership

Ed. note: On Wednesday, August 7th at 1:00 p.m. ET, the President is answering questions submitted by homeowners, renters, and prospective buyers in a conversation with Zillow CEO Spencer Rascoff. Find out how you can ask a question here. President Barack Obama delivers remarks on housing and home ownership at Desert Vista High School in Phoenix, Ariz., Aug. 6, 2013. … [Read more...]