Barack Obama has named physics Nobel Prize winner Steven Chu as his energy secretary and tasked him with finding alternatives to fossil fuels.
President-elect Barack Obama has chosen Chicago schools chief Arne Duncan to serve as education secretary, people with knowledge of the decision said Monday.
A $14bn (£9.4bn) bail-out deal for the US car industry has failed to get Senate support, raising fears of job cuts and a possible industry collapse.
US President-elect Barack Obama says he will not allow the country's car industry to collapse, but any state help must come with strict conditions.
President-elect Barack Obama formally announced Sunday that retired Army Gen. Eric Shinseki, a decorated veteran and popular figure among critics of the Bush administration, is his pick to be secretary of Veterans Affairs.
In my life, no success has come without a good fight, and this nomination wasn’t any different. That’s a tribute to the candidates who opposed me and their supporters. They’re leaders of great ability, who love our country, and wished to lead it to better days. Their support is an honor I won’t forget.
If there is anyone out there who still doubts that America is a place where all things are possible; who still wonders if the dream of our founders is alive in our time; who still questions the power of our democracy, tonight is your answer.
In a contest as long and difficult as this campaign has been, his success alone commands my respect for his ability and perseverance. But that he managed to do so by inspiring the hopes of so many millions of Americans who had once wrongly believed that they had little at stake or little influence in the election of an American president is something I deeply admire and commend him for achieving.
To -- to Chairman Dean and my great friend Dick Durbin, and to all my fellow citizens of this great nation, with profound gratitude and great humility, I accept your nomination for presidency of the United States.