New York, April 10: Sony Pictures and the HBO have planned a documentary on Barack Obama’s historic election as the first African-American President.

Sony is said to have acquired the rights to distribute the documentary ‘By the People: The Election of Barack Obama’.

Two media giants have revealed that the documentary will not be just a collage of biographical and campaign video.

They say that it will include interviews with staffers and campaign aides to give us a behind-the-scenes look at life in Obamaland.

New York - The c

New York  - The house sales in the previously lucrative housing market in New York City declined about 60 per cent in the first quarter compared to the same period in 2008, the New York Times reported Thursday.

The average price for condominiums decreased by 24 per cent, the report stated, adding that luxury real estate was especially affected by the slump.

According to experts, at the current rate it would take six years for the 350 apartments and town houses currently for sale for more than 10 million dollars to change hands.

San Francisco  - Wells Fargo, one of the United States' leading banks, on Thursday reported a record first quarter profit of 3 billion dollars, surpassing analysts' expectations.

In the final quarter of 2008, the bank reported a loss of 2.3 billion dollars, and was among the US banks to receive aid from the government in the fallout from the world financial crisis.

Washington, Apr. 9 : Indian American actor Kal Penn has insisted that his move to the White House isn''t the end of his acting career.

He said that he is just taking a break to concentrate on public service.

The actor left fans of the U. S. medical drama `House' stunned on Monday night when his doctor character, Lawrence Cutner, committed suicide.

According to the New York Daily News, he then announced he''d taken a position as the associate director in the White House''s Office of Public Liaison and Intergovernmental Affairs - a role similar to the one he held as a volunteer in Barack Obama''s campaign before he became President.

Washington, Apr.