U.S. President Donald Trump may soon attempt to increase pressure on China to change its trade practices and do more to stop North Korea’s weapons programs. Reports in the financial press say President Trump may sign an order as soon as Friday to start an investigation of Chinese demands that foreign companies share technology…
read moreTwo phone calls described by President Donald Trump that didn’t actually happen represent the latest chapter in a long-running series of disputes revolving around the president’s rocky relationship with facts. White House press secretary Sarah Sanders on Wednesday found herself explaining that compliments Trump had described receiving in phone calls from the Mexican president and…
read moreOne of the key lawyers in President Donald Trump’s corner navigated a popular United States senator through crisis, produced a damning investigative report that drove a baseball star from the game and, early in his career, took on organized crime as a Justice Department prosecutor. John Dowd, a retired Marine Corps captain and longtime legal…
read moreThe Dow Jones Industrial Average set a sixth-straight record Wednesday, closing above 22,000 for the first time, but experts point out that whatever goes up must always come down. The Dow closed up a fraction at 22,016. Healthy earnings reports from computer technology giant Apple, the world’s largest publicly traded company, and airplane manufacturer Boeing…
read moreU.S. senators urging new congressional authorization for the use of military force (AUMF) in the Middle East and elsewhere made little headway convincing a skeptical Trump administration during closed-door discussions Wednesday, participants said. “There’s an unbridgeable difference between the administration and many members of this committee,” Democrat Chris Murphy of Connecticut told reporters as he…
read moreNew U.S. public-opinion surveys show that President Donald Trump’s approval ratings, already the lowest ever for an American president early in his White House tenure, are continuing to fall. Quinnipiac University said Wednesday that Americans, by a 61-to-33 percent margin, disapprove of Trump’s performance six months into his four-year term in the White House. Gallup,…
read moreU.S. Vice President Mike Pence accused Russia on Wednesday of working to “destabilize” the Western Balkans and divide the region from the West where he said its future lies. Pence spoke in Montenegro, which joined NATO this year in defiance of Russia, on the final leg of a tour designed to reassure Eastern Europe of…
read moreBipartisan groups of Republican and Democratic lawmakers are looking for ways to fix problematic parts of the U.S. health care law, even as President Donald Trump says he wants to let it collapse. Trump has voiced his anger that the Senate last week failed in three attempts to overhaul the law, passed during the first…
read moreIndia, one of the world’s largest markets for pharmaceuticals, is drawing up its first set of marketing rules for drugmakers, restricting gifts and trips offered to doctors and pharmacists to 1,000 rupees ($15), according to a draft proposal seen by Reuters. Such rules are common overseas, but are not set in stone in India, where…
read moreDevelopments in Washington, D.C., on Wednesday include President Donald Trump trying to limit legal immigration to the U.S., signing a bill that strengthens sanctions against Russia, Iran and North Korea, planning to enact trade action against China, and allegedly calling the White House a dump. Trump Joins Senators in Bid to Cut Legal Immigration —…
read moreAs the U.S. stock market hit a new all-time high Wednesday, key U.S. lawmakers staked out core positions for a looming battle that could impact economic performance for decades: reforming America’s complicated and much-maligned tax system. “Comprehensive tax reform represents the single most important action we can take now to grow the economy and to…
read moreAmazon is holding a giant job fair Wednesday and plans to make thousands of job offers on the spot at nearly a dozen U.S. warehouses. Though it’s common for Amazon to ramp up its shipping center staff in August to prepare for holiday shopping, the magnitude of the hiring spree underscores Amazon’s growth when traditional…
read moreFoxconn Technology Group is not saying whether it plans to invest $30 billion in the United States, as President Donald Trump claimed he was told by the company’s leader “off the record.” Trump announced to a group of small business leaders at the White House on Tuesday that Foxconn CEO Terry Gou told him privately…
read morePresident Trump’s White House is under new management. Retired Marine Corps General John Kelly has taken over as chief of staff after serving as the Secretary for Homeland Security. Kelly will be asked to use his military experience to bring a sense of order to a White House. …
read moreEgypt’s foreign reserves reached over $36 billion in July, a record high, which the prime minister described as “good news” as it shows that the economy is recovering, the central bank said Tuesday. The bank announced the increase in a brief statement saying that the figure is 4.7 billion dollars higher compared to the previous…
read moreSome European oil majors have made inroads into the emerging U.S. offshore wind energy market, aiming to leverage their experience of deepwater development and the crowded offshore wind arena at home. Late entrants to the offshore wind game in Europe, which began with a project off Denmark 25 years ago and is now approaching maturity,…
read moreSecretary of State Rex Tillerson surprised reporters at the State Department Tuesday by joining their daily briefing for the first time, laying out his vision for U.S. foreign policy for North Korea, Venezuela, China, the Middle East, Russia and Ukraine, among other hot spots. Asked about U.S. relations with Russia following President Vladimir Putin’s order…
read moreU.S. Senate Majority Leader Mitch McConnell on Tuesday said the debate over raising the country’s debt ceiling could stretch into September and he sought bipartisan support for the legislation to prevent a government default. “We are looking for a way forward” to pass a debt limit increase “sometime in the next month or so,” McConnell…
read moreU.S. Senator Jeff Flake has a message for his fellow Republicans: Get a spine and stand up to President Donald Trump. It’s time for Congress to act as a brake on the president’s erratic impulses. In a scolding book, the Arizona lawmaker argues that Republicans are letting Trump lead the country away from conservative principles…
read moreA leading Senate Democrat on Tuesday accused U.S. Attorney General Jeff Sessions of concealing policy recommendations that could change how the Justice Department enforces laws on illegal immigration, drug trafficking and violent crime. In a letter to Sessions, Oregon Democrat Ron Wyden said the Justice Department should release recommendations made by the Task Force on…
read moreDozens of employees at a Wisconsin technology business were implanted with microchips Tuesday at the company’s headquarters. Three Square Market, also known as 32M, said 41 of its 85 employees agreed to be voluntarily microchipped during a “chip party.” The chip, about the size of a grain of rice, was implanted into each person’s hand…
read moreThe top prosecutors of Brazil and Argentina are accusing their governments of interfering in the creation of a joint anti-corruption task force to investigate bribes by the Odebrecht engineering group so that politicians, many of whom are under investigation, can themselves control the exchange of evidence. Brazil’s Prosecutor General Rodrigo Janot said on Tuesday the…
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