News Trends, News Analysis, News Archive.

Wall Street rises as Trump softens tariff plan


NEW YORK (Reuters) - The three major U.S. stock indexes closed higher on Thursday after President Donald Trump appeared to soften his stance on trade tariffs, easing trade war fears that had had the market on edge for a week. [Source]

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Shares in the red as nervous markets await Fed

SYDNEY (Reuters) - Asian share markets slipped into the red on Monday as caution gripped investors in a week in which the Federal Reserve is likely to hike U.S. interest rates and perhaps signal that as many as three more lie in store for the rest of the year.


Hyundai Motor shares tumble following U.S. probe of air bag failures

SEOUL (Reuters) - Shares of Hyundai Motor slid on Monday after a U.S. regulator said it had opened a probe into why some air bags failed to deploy in Hyundai and Kia vehicles following crashes that reportedly killed four people and left six injured.

Republican Party

How Top Republicans Reacted, or Didn’t, to Trump’s Tweets on Mueller

Some leading Republicans warned the president against firing the special counsel, but many had no response.

United States International Relations

Op-Ed Columnist: Trump: The Un-American President

He has damaged the American brand.


White House lawyer says Trump is not considering firing Mueller

WASHINGTON (Reuters) - White House lawyer Ty Cobb said on Sunday that President Donald Trump was not considering or discussing firing Special Counsel Robert Mueller.

Efforts to protect the special counsel are stalled in Congress as Trump poses serious threat to Russia probe

United States Politics and Government

White House Memo: Newly Emboldened, Trump Says What He Really Feels

Ignoring the advice of aides over how to deal with the special counsel was the decision of a president who ultimately trusts only his own instincts.


Trump to unveil opioid plan seeking death penalty for drug dealers: White House

WASHINGTON (Reuters) - President Donald Trump will unveil a plan on Monday to combat the opioid addiction crisis that includes seeking the death penalty for drug dealers and urging Congress to toughen sentencing laws for drug traffickers, White House officials said on Sunday.


CACI seeks to break up General Dynamics' acquisition of CSRA

(Reuters) - U.S. defense contractor CACI International Inc said on Sunday it had offered to merge with larger peer CSRA Inc, seeking to disrupt the latter's $6.8 billion acquisition by General Dynamics Corp.


Forty-five U.S. trade groups urge Trump to avoid tariffs against China

WASHINGTON (Reuters) - Forty-five U.S. trade associations representing some of the largest companies in the country are urging President Donald Trump not to impose tariffs on China, warning it would be "particularly harmful" to the U.S. economy and consumers.

Facebook under fire over how data got into hands of a firm with Trump ties

Politicians on both sides of the Atlantic want answers after Facebook's latest controversy involving the 2016 election.


Disputes with temporary workers add to GM Korea's challenges

BUPYEONG, South Korea (Reuters) - Having lost his temporary job as a mechanist at GM Korea twice in the past eight years, Shin Hyun-chang was eagerly awaiting a court ruling last month on whether the automaker would be forced to recognize him as a full-time employee.

UK diplomat cites proof that Russia stockpiled nerve agent

UK Foreign Secretary Boris Johnson says the United Kingdom has evidence Russia has been creating and stockpiling the nerve agent Novichok over the last decade.


Top executive resigns from Cohen's Point72 after lawsuit, fundraising

(Reuters) - Douglas Haynes has resigned as president of Point72 Asset Management LP, a spokeswoman for billionaire Steven Cohen's investment firm said on Sunday, as the company and Haynes face a lawsuit claiming women are subject to a hostile working environment.

Facebook probes employee's links to data firm that has ties to Trump

Trump may face challengers in 2020 primary

Here are the stories our DC insiders are talking about in this week's "Inside Politics" forecast, where you get a glimpse of tomorrow's headlines today.


U.S. tariffs, China trade tensions overshadow G20 finance meeting

Buenos Aires (Reuters) - Worries about the potential for a U.S.-China trade war and frustration over U.S. President Donald Trump's steel and aluminum tariffs threatened to dominate a gathering of finance leaders this week amid strengthening growth.

Republicans warn Trump

Key Republicans on Sunday warned President Donald Trump not to interfere with special counsel Robert Mueller.

Opinion: Trump's 'great day for democracy' smacks of dictatorship

If the firing of former FBI deputy director Andrew McCabe on Friday night felt like something you'd see in a third-world dictatorship, you aren't alone.

Analysis: Trump looks like he's planning to fire Mueller

If President Donald Trump isn't planning to fire special counsel Bob Mueller, he sure is doing a good job of faking it.

Trump, Donald J

Trump Assails Mueller, Drawing Rebukes From Republicans

While President Trump had largely sought to avoid alienating the special counsel in recent months, he has shifted his tone in the past two days.


CACI seeks to break up General Dynamics' acquisition of CSRA: sources

(Reuters) - U.S. defense contractor CACI International Inc has offered to merge with larger peer CSRA Inc , seeking to disrupt the latter's $6.8 billion acquisition by General Dynamics Corp , people familiar with the matter said.

Gowdy to Trump lawyer: If your client is innocent, act like it

Outgoing Rep. Trey Gowdy on Sunday bristled at President Donald Trump's attorney John Dowd calling for the Justice Department to end the special counsel probe.


Republicans to Trump: Let Mueller do his job

WASHINGTON (Reuters) - Republican senators warned President Donald Trump on Sunday not to fire Special Counsel Robert Mueller, and said the president must let federal investigators looking into Russian meddling in the U.S. election do their jobs.

Bernstein: Trump determined to stop Mueller

CNN's Carl Bernstein says that people close to President Trump are saying that he is determined to shut down Robert Mueller's investigation.

Sen. Paul vows to filibuster Trump nominees

Republican Sen. Rand Paul said on CNN's "State of the Union" Sunday that he would take all necessary steps to oppose President Donald Trump's nominees for secretary of state and CIA director.

GOP senator says if Trump fires the special prosecutor, it will be 'the beginning of the end of his presidency'

Sen. Lindsey Graham gave a stern warning Sunday to President Donald Trump against firing special counsel Robert Mueller.


MIDEAST STOCKS-Gulf softens despite oil rebound; Ezz Steel lifts Egypt

* Dubai, Abu Dhabi register among lowest trading volumes this year

Trump's opioid plan may include death for drug dealers

President Donald Trump will roll out new plans to tackle the country's opioid epidemic on Monday in New Hampshire, a senior administration official tells CNN. The plan will likely include stiffer penalties for high intensity drug traffickers, including the possibility of the death penalty.


Republican senator expects Trump to pull out of Iran deal: CBS

WASHINGTON (Reuters) - Republican U.S. Senator Bob Corker, chairman of the Senate Foreign Relations Committee, said he expects President Donald Trump to pull out of the Iran nuclear agreement in May.

Politics and Government

Britain Says It Has Proof Russia Stockpiled Lethal Nerve Agent

Foreign Secretary Boris Johnson said on Sunday that Russia has been researching military-grade nerve agents for use in assassinations. Russia denies it.

Trump spending spree may lead to higher interest rates


Britain accuses Russia of secretly stockpiling deadly nerve agent used in attack

LONDON (Reuters) - British Foreign Secretary Boris Johnson said on Sunday that Russia has been stockpiling the deadly nerve agent used to poison a Russian former double agent in England and has been investigating how such weapons can be used in assassinations.

Journalist: The real reason Trump wanted McCabe fired

Investigative journalist Michael Isikoff discusses Trump's reaction to the firing of former FBI Deputy Director Andrew McCabe.


New German finance ministry pushes free trade at G20 meeting

BUENOS AIRES (Reuters) - Germany's new finance minister Olaf Scholz warned on Sunday that protectionism could harm future economic prospects and said Germany would continue talks to dissuade the United States from imposing planned punitive steel and aluminum tariffs.


Ten years after crash, Americans still have not fallen back in love with stocks

NEW YORK (Reuters) - Luke Thomas, 44, an information technology field manager who lives in Miami, began investing in the U.S. stock market in his early 20s, attracted by the prospect of learning “how to grow a little bit of money into a lot,” he said.


Majority believe Japan PM bears some responsibility for altered documents: poll

TOKYO (Reuters) - A majority of Japanese believe Prime Minister Shinzo Abe bears some responsibility for altered documents at the center of suspicions of a cover-up linked to cronyism, according to an opinion poll on Sunday that also showed his support sliding.


Baidu video streaming unit iQiyi launches $2.4 billion U.S. IPO

(Reuters) - Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc , has launched an initial public offering in New York worth up to $2.4 billion, seeking to expand its range of content.

'SNL' spoofs Trump camp firings

John Goodman and Bill Hader made appearances on "Saturday Night Live" to poke fun at notable firings from the Trump administration.

Opinion: Trouble for Trump if Mueller meets Stormy

Stormy Daniels' attorney, Michael Avenatti, has a talent for stirring the publicity pot relating to his controversial porn star client. He dropped his latest morsels Friday during a drive-by of CNN and MSNBC's morning shows. In an interview with Chris Cuomo of CNN's "New Day," he said six additional women had come forward alleging sexual relationships with President Donald Trump and that his office was in the "early stages of vetting those stories." Avenatti also claimed two of the women have nondisclosure agreements.

Russian Interference in 2016 US Elections and Ties to Trump Associates

Data Firm Tied to Trump Campaign Talked Business With Russians

Cambridge Analytica, a company that developed technology to target voters, has denied having connections to Russia. But evidence suggests otherwise.

United States Politics and Government

White House Memo: Trump and the Truth: A President Tests His Own Credibility

The president’s latest made-up statement renewed the question: When does he know the things he says are false and when is he simply misinformed?


U.S. government to accept metals tariffs exclusion requests from Monday

WASHINGTON (Reuters) - The U.S. Commerce Department said it will begin accepting requests on Monday for product exclusions from President Donald Trump's new steel and aluminum import tariffs, but it could take up to 90 days for the agency to make determinations.


Former FBI No.2 McCabe fired; says Trump administration targeted him

WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions fired the FBI's former No. 2 official Andrew McCabe on Friday, prompting McCabe to say he was targeted for being a witness into whether President Donald Trump tried to obstruct the probe of Russian meddling in the 2016 election.

Russian Interference in 2016 US Elections and Ties to Trump Associates

Mueller Wants Trump’s Business Records. What’s the Russia Connection?

The special counsel, Robert S. Mueller III, has subpoenaed the Trump Organization for documents related to Russia. The company has a three-decade relationship with Moscow.


Trump critics attack firing of FBI's McCabe as political move

WASHINGTON (Reuters) - Democrats and other Trump administration critics on Saturday attacked the firing of No. 2 FBI official Andrew McCabe as a politically motivated and vindictive move, while some Republicans praised U.S. Attorney General Jeff Sessions for decisive action.

Tax Cuts and Jobs Act (2017)

Opinion: Don’t Run From Trump

The Republican Party has gotten where it is because of the president, not in spite of him.

Crime and Criminals

Opinion: Chris Hayes: What ‘Law and Order’ Means to Trump

It is about the preservation of a certain social order, not the rule of law.

Russian Interference in 2016 US Elections and Ties to Trump Associates

Andrew McCabe, Fired F.B.I. Deputy, Is Said to Have Kept Memos on Trump

The memos could corroborate the testimony of James B. Comey, the former F.B.I. director who said President Trump had pressured him to shut down an investigation.

Fox News Channel

Op-Ed Columnist: Trump, Flush With Power

The president wants to bring the Fox cast into the White House, fully merging with the source of his ideas, tweets and gratification.

McCabe has memos documenting talks with Trump

Much like fired FBI Director James Comey, former FBI Deputy Director Andrew McCabe wrote memos documenting his conversations with President Donald Trump before he was fired Friday, a source with knowledge of the matter told CNN.

Former CIA chief calls Trump 'a disgraced demagogue' after McCabe firing

Former CIA Director John Brennan responded Saturday to President Donald Trump's tweet about the firing of former FBI deputy director Andrew McCabe, calling the President "a disgraced demagogue."


Sweden, North Korea talks end, may help pave way for Trump-Kim encounter

STOCKHOLM (Reuters) - North Korean and Swedish foreign ministers ended three days of talks on Saturday on the security situation on the Korean peninsula which may help prepare the way for a planned meeting between U.S. President Donald Trump and Kim Jong Un.

United States Politics and Government

Scott Pruitt, Trump’s Rule-Cutting E.P.A. Chief, Plots His Political Future

Mr. Pruitt may be using his position as an environmental deregulation czar to position himself to run for office in Oklahoma — or perhaps the presidency.


Trump consultants harvested data from 50 million Facebook users: reports

(Reuters) - Data analytics firm Cambridge Analytica harvested private information from more than 50 million Facebook users in developing techniques to support President Donald Trump's 2016 election campaign, the New York Times and London's Observer reported on Saturday.

Facebook suspends firm with Trump ties

Facebook has announced it is suspending Cambridge Analytica, a data firm with ties to President Donald Trump's campaign, over concerns about violations of the social media site's policies.

Russian Interference in 2016 US Elections and Ties to Trump Associates

Trump Lawyer Says Special Counsel Inquiry Should Be Ended

The lawyer, John Dowd, said he was speaking on behalf of President Trump, only to backtrack shortly afterward and say he was speaking only for himself.


Daimler cars unit invests to ramp up output to 3 million vehicles

FRANKFURT (Reuters) - Germany' Daimler is in a push to boost production capacity as its Mercedes-Benz Cars unit eyes annual sales of 3 million vehicles, up from 2.4 million last year, an executive told weekly publication Automobilwoche.


U.S. probes air bag failures in deadly Hyundai, Kia car crashes

WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said on Saturday it is opening a probe into why some air bags failed to deploy in Hyundai and Kia vehicles after crashes in which four people were reportedly killed and another six injured.

Presidential Election of 2016

How Trump Consultants Exploited the Facebook Data of Millions

Cambridge Analytica harvested personal information from a huge swath of the electorate to develop techniques that were later used in the Trump campaign.


U.S. agency probing air bag failures after four deaths reported in Hyundai, Kia cars

WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said on Saturday it is opening an investigation to determine why some air bags failed to deploy in crashes after four deaths were reported in Hyundai Motor Co and Kia Motors Corp vehicles.

Trump rewards loyalty and shows his power over GOP

Last summer when Sen. Dean Heller was considering bucking President Donald Trump on health care, the president issued a not-so-subtle threat to the vulnerable Nevada Republican.

Trump celebrates McCabe firing on Twitter

Attorney General Jeff Sessions fired former FBI Deputy Director Andrew McCabe late Friday, less than two days shy of his retirement, ending the career of an official who had risen to serve as second-in-command at the bureau.


'Exhausted' Toys 'R' Us suppliers weigh options as huge retailer shuts

CHICAGO/NEW YORK (Reuters) - When Toys 'R' Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11.

O.J. Simpson has strong opinions about Donald Trump and Colin Kaepernick

O.J. Simpson is sharing his thoughts on some of the nation's most controversial figures.


Car bomb kills at least three in Afghan capital

KABUL (Reuters) - A car bomb killed at least three people and wounded two in the Afghan capital Kabul on Saturday in an apparent attack on a foreign contractor company, officials said.

#MeToo Movement

Table for Three: Catharine MacKinnon and Gretchen Carlson Have a Few Things to Say

The two discuss sexual harassment in the workplace, how to change corporate culture in meaningful and sustained ways, and whether Miss America can be relevant in the #MeToo era.

The former FBI deputy director says his firing is part of Trump's war on the FBI and Mueller's Russia probe

Attorney General Jeff Sessions fired former FBI deputy director Andrew McCabe late Friday, less than two days shy of his retirement, ending the career of an official who rose to serve as second-in-command at the bureau.


Facebook suspends data analytics firm that worked for Trump campaign

(Reuters) - Facebook Inc on Friday said it was suspending political data analytics firm Cambridge Analytica, which worked for President Donald Trump’s 2016 election campaign, after finding data privacy policies had been violated.

Russian Interference in 2016 US Elections and Ties to Trump Associates

Andrew McCabe, a Target of Trump’s F.B.I. Scorn, Is Fired Over Candor Questions

Lack of candor is a fireable offense at the F.B.I., but Mr. McCabe’s last-minute dismissal from the agency was carried out against a highly politicized backdrop.

Trump attorney joins Stormy Daniels lawsuit

Attorneys defending President Donald Trump and the company of his personal legal counsel, Michael Cohen, have filed to move the lawsuit against their clients by porn star Stormy Daniels to federal court and are claiming she could owe as much as $20 million for violating a nondisclosure agreement.

Latin America

How Trump Can Make the Most of the Summit of the Americas

Before the president’s trip to Lima, the administration should take a close look at why U.S. credibility in Latin America is at historic lows.


Product exclusions from U.S. metals tariffs may take 90 days: document

WASHINGTON (Reuters) - Steel and aluminum users that depend on imported products not available from U.S. producers may have to wait up to 90 days for an exclusion from the Trump administration's new metals tariffs, according to a Commerce Department document.


Trump lawyer seeks $20 million damages from Stormy Daniels: filing

WASHINGTON (Reuters) - A law firm representing U.S. President Donald Trump and the corporation that paid porn actress Stormy Daniels $130,000 in what she called hush money over an alleged affair with Trump said in a court filing that it was seeking at least $20 million in damages for multiple violations of a nondisclosure agreement.


Trump signs U.S.-Taiwan travel bill, angering China

WASHINGTON (Reuters) - U.S. President Donald Trump on Friday signed legislation that encourages the United States to send senior officials to Taiwan to meet Taiwanese counterparts and vice versa, angering China, which views the self-ruled island as a wayward province.

Suits and Litigation (Civil)

Trump’s Lawyers Claim Stormy Daniels Violated Confidentiality Agreement at Least 20 Times

In a court filing, the president weighs in for the first time directly on a case in which a porn actress was paid $130,000 to stay silent about an affair she claims she had with him.


Wall Street's tech love affair might end in tears

SAN FRANCISCO (Reuters) - Outsized returns delivered by , Netflix and other heavyweight technology stocks have made them heroes on Wall Street, but some strategists warn that investors' reliance on them exacerbates the risk of a steep downturn.

United States Politics and Government

Trump’s Tariffs Set Off Storm of Lobbying

Corporations and foreign leaders are pressing to meet with White House officials and hiring lawyers and lobbyists to push for exemptions that could be worth billions of dollars in trade.

Pro-Trump group hires Carl Higbie, who shared N-word laden post on Facebook in 2014

WARNING: This story contains graphic language.

Trump settles in as reality TV producer in chief: 'I like conflict'

Midway through the first year of his presidency, Donald Trump had an idea. Wouldn't it be fun, he told an associate, to revive his hit NBC reality show "The Apprentice" inside the White House, using his own staffers as the contestants and the West Wing as his board room? The idea, conveyed to CNN by two people familiar with the conversation, was quickly squelched by aides.

Central Intelligence Agency

Spies, Not Diplomats, Take Lead Role in Planning Trump’s North Korea Meeting

The C.I.A.’s emergence as the primary player speaks to the influence of Mike Pompeo, the agency’s director, who has been nominated to replace Secretary of State Rex W. Tillerson.


Product exclusions from U.S. tariffs may take 90 days: document

WASHINGTON (Reuters) - Steel and aluminum users that depend on imported products not available from U.S. producers may have to wait up to 90 days for an exclusion from the Trump administration's new metals tariffs, according to a Commerce Department document.


Next to exit Trump White House? Odds favor McMaster, online bookie says

(Reuters) - U.S. National Security Adviser H.R. McMaster is most likely the next official to leave the Trump administration, following a string of firings and resignations, according to an online betting website said which put the odds against him staying at 3/2.


Trump signs U.S.-Taiwan travel bill; China 'strongly dissatisfied'

WASHINGTON (Reuters) - President Donald Trump on Friday signed legislation that encourages the United States to send senior officials to Taiwan to meet Taiwanese counterparts and vice versa, angering China, which views Taiwan as a wayward province.


Former Qualcomm chairman Jacobs to exit board of directors

(Reuters) - Qualcomm Inc on Friday said former executive chairman Paul Jacobs would not be renominated for the U.S. semiconductor company's board after Jacobs disclosed his intention to pursue a long-shot acquisition of the firm.


Berkshire says median employee makes over half Buffett's pay

(Reuters) - Berkshire Hathaway Inc on Friday said its median employee last year made a little over half the $100,000 salary that Chairman Warren Buffett was awarded for running the conglomerate that made him the world's third-richest person.


Trump's back-to-back visitors unlikely to solve Gulf dispute

WASHINGTON (Reuters) - Saudi, Emirati and Qatari leaders will beat a path to U.S. President Donald Trump's door in the next few weeks for back-to-back visits that are unlikely to solve a long-running dispute among America's Gulf allies.

Stormy Daniels' lawyer says some alleged incidents took place during Trump presidency

The lawyer representing the adult film star Stormy Daniels alleges that some of the accusations she's making against President Donald Trump occurred while Trump was in office.


Trump signs U.S.-Taiwan travel bill that China has opposed

WASHINGTON (Reuters) - President Donald Trump on Friday signed legislation that would allow U.S. officials to travel to Taiwan to meet their Taiwanese counterparts, a move certain to anger China, which views Taiwan as a wayward province.


Boeing moves to keep 777X on track after engine snag

SEATTLE (Reuters) - Boeing Co has scrambled to reorganize testing of its new 777X to avoid being delayed by engine snags, while robots and mechanics are starting work on the fuselage, the executive who heads efforts to build the world's largest twin-engined jet said in an interview.

Kudlow, Lawrence A

Trump, the Television President, Expands His Cast

The choice of Larry Kudlow as chief economic adviser, a position with real influence over Americans, crosses a threshold in an administration that has already blurred the line between it and the media.


Corn-state senators seek Trump meeting as U.S. biofuel changes loom

(Reuters) - A group of senators from U.S. corn states have asked President Donald Trump for a meeting about the nation's biofuels law, amid expectations the administration will soon act to lower the regulation's costs to the oil refining industry.


Exclusive: Trafigura set to boost its dominance in Urals - sources

MOSCOW/LONDON (Reuters) - Oil trader Trafigura will regain its position as the largest buyer of seaborne crude from Russia's Rosneft, trading sources told Reuters on Friday, expanding their partnership as Rosneft reduces its dealings with Vitol and Glencore.

Fact Check

Fact Check: How Trump Has Split With His Administration on Russian Meddling

The administration has been far tougher on Russia than the president himself, whose pattern of diversion has steadily increased since he took office.


Coca-Cola, U.S. State Dept to use blockchain to combat forced labor

NEW YORK (Reuters) - Coca-Cola Co and the U.S. State Department along with two other companies said on Friday they are launching a project using blockchain's digital ledger technology to create a secure registry for workers that will help fight the use of forced labor worldwide.


Microsoft hits back at claims it ignored sexual harassment

SAN FRANCISCO (Reuters) - A senior executive said Microsoft Corp thoroughly investigates issues raised by women in the workplace and fired about 20 employees last year over complaints of sexual harassment as the company seeks to counter claims that it treats female workers unfairly.


Icahn unveils 6.9 percent stake in Newell, could seek board seat

(Reuters) - Activist investor Carl Icahn on Friday disclosed a 6.86 percent stake in Sharpie pens maker Newell Brands Inc , and said he could seek a board seat at the company, which is already battling another top shareholder over board representation.

Source: Trump enjoying staff speculation

President Donald Trump fuels speculation of more White House turnover as he aims to get closer to having the cabinet that he wants. CNN's Jeff Zeleny reports.


Exclusive: European powers propose new Iran sanctions to meet Trump ultimatum

BRUSSELS/PARIS (Reuters) - Britain, France and Germany have proposed fresh EU sanctions on Iran over its ballistic missiles and its role in Syria's war, according to a confidential document, in a bid to persuade Washington to preserve the 2015 nuclear deal with Tehran.


Wall Street advances on strong industrial data but posts weekly losses

NEW YORK (Reuters) - The S&P 500 and the Dow Industrials rose on Friday, boosted by strong industrial output numbers, though all three of Wall Street's major indexes posted losses for the week.


Caterpillar's latest restructuring move could cut 880 jobs

CHICAGO (Reuters) - Caterpillar Inc will close two facilities in Texas and Panama and is also considering shutting its engine manufacturing plant in Illinois as part of a strategy to boost profitability and better handle business cycles, but the move could cut 880 jobs.

United States Politics and Government

Despite Speculation, Trump’s Cabinet Remains Intact

Two embattled cabinet secretaries — Ben Carson and David Shulkin — remained in their jobs Friday. The absence of any formal announcements suggested an effort to tamp down the anxiety in the West Wing.

Panelists erupt over Trump-Stormy Daniels saga

Trump Advisory Board member Paris Dennard and Republican strategist Rick Wilson clash while discussing Stormy Daniels and President Trump.

Analysis: Trump's staffing upheavals come in spurts

Things seem to happen in spurts. Reince Priebus resigned on July 28, but the cards really started to fall a week and a half earlier.


London court rules UK spy behind Trump dossier must give evidence in U.S. libel trial

LONDON (Reuters) - Former British spy Christopher Steele, who compiled a "dossier" of allegations linking U.S. President Donald Trump to Russia, must give a deposition in a U.S. libel case, lawyers for the Russian businessman involved said on Friday.

United States Politics and Government

Op-Ed Contributor: Trump Was Elected to Govern Without These People

The duty of the president’s team is not to second guess him or the outcome of the last election.


Exclusive: Russia considers extra $17 billion bailout for two rescued banks - sources

MOSCOW (Reuters) - Russia's central bank is considering pumping more than 1 trillion rubles ($17 billion) into two banks it first bailed out last year to shore up their balance sheets, three sources familiar with the discussion told Reuters.


Boeing 737 Max 7 narrowbody jetliner begins maiden flight

(Reuters) - The smallest member of Boeing Co's upgraded narrowbody jetliner range, the 138-seat 737 MAX 7, began its maiden flight on Friday, heralding months of trials before it enters service next year, the company said.

Trump is creating a dangerous echo chamber

Just as Trump urged, Tarkanian drops Senate challenge to run for House seat

Danny Tarkanian is dropping his bid to unseat Nevada Sen. Dean Heller in the Republican primary and running for a House seat instead.


EU starts retaliation process against U.S. tariffs

BRUSSELS (Reuters) - The European Commission called for industry views on Friday on a list of U.S. products it will subject to import tariffs, the first step towards measures to counter planned U.S. taxes on European steel and aluminum.


Wall Street advances as financial, energy stocks gain

(Reuters) - Wall Street's main indexes rose on Friday after strong economic data boosted financial stocks and a jump in oil prices lifted shares of energy companies.


US STOCKS-Wall Street advances as financial, energy stocks gain

* Indexes up: Dow 0.5 pct, S&P 0.35 pct, Nasdaq 0.08 pct (Updates to early afternoon)


BRIEF-Suzano says will launch Level 3 ADRs On NYSE, will maintain one class of stock



Over 100 countries agree to seek digital tax consensus by 2020: OECD

PARIS (Reuters) - Some 110 countries have agreed to work towards forming an international consensus by 2020 on how to tax digital businesses across borders, the Organisation for Economic Cooperation and Development said on Friday.


Under scrutiny, New York Fed sets short list for Dudley successor

NEW YORK (Reuters) - The Federal Reserve Bank of New York is considering a "handful" of candidates for what is seen as the second most influential job at the U.S. central bank, its directors said on Friday, as political pressure mounts to choose someone who breaks with past precedent.


Caterpillar to close facilities, could cut 880 jobs

CHICAGO (Reuters) - Caterpillar Inc will close two facilities and is contemplating the closure of its engine manufacturing plant in Illinois, which together could potentially result in about 880 job losses, a company spokeswoman told Reuters on Friday.


Qualcomm discussing Jacobs leaving board of directors: sources

(Reuters) - Qualcomm Inc's board of directors was meeting on Friday to discuss former executive chairman Paul Jacobs stepping down after he told the U.S. semiconductor company he was exploring acquiring it, people familiar with the matter said on Friday.

United States Economy

Most Americans Produce Services, Not Stuff. Trump Ignores That in Talking About Trade.

The president’s outlook on service workers could have real economic consequences.

Snapchat stock loses $800M after Rihanna responds


After pay vote, Disney investors question Iger's rich deal

BOSTON (Reuters) - Walt Disney Co Chairman and Chief Executive Robert Iger stands to earn up to $423 million over four years, according to a new analysis of a compensation package rejected by shareholders, and some investors want to raise the bar on his performance targets.

Bridges and Tunnels

Death Toll Rises to at Least Six in South Florida Bridge Collapse

Several cars were still trapped under the pedestrian walkway, which was designed to connect the campus of Florida International University to the city of Sweetwater.


Porn actress Stormy Daniels physically threatened over Trump: lawyer

WASHINGTON (Reuters) - The adult film actress known as Stormy Daniels was physically threatened and warned to remain silent about her relationship with President Donald Trump, her lawyer told MSNBC and CNN on Friday.


Trump asked South Korea officials to show flexibility in trade talks: Seoul

SEOUL (Reuters) - U.S. President Donald Trump asked South Korean officials to show flexibility in trade negotiations with the United States in a phone call with South Korean President Moon Jae-in, the Blue House said in a statement on Friday.


EU calls for industry input on U.S. tariff retaliation list

BRUSSELS (Reuters) - The European Commission called for industry views on Friday on a list of U.S. products it will subject to import tariffs if the United States taxes European steel and aluminum.

The President's personal lawyer and the White House deny allegations of an affair between Daniels and Trump

The lawyer representing Stormy Daniels, the porn star suing President Donald Trump, claimed Friday that she has faced physical threats.

Analysis: Trump's very public embarrassment of H.R. McMaster

President Donald Trump has apparently grown sick of H.R. McMaster and is preparing to jettison his national security adviser in the not-too-distant future. That news was first broken by The Washington Post on Thursday night but subsequently confirmed by CNN. It appears to now be a matter of when, not if, McMaster will leave.


CANADA STOCKS-TSX opens higher as bank, energy shares rise

March 16 (Reuters) - Canada's main stock index opened higher on Friday, boosted by the heavyweight financial and energy sectors as shares of oil companies were lifted by the higher price of crude.


Wall Street opens higher as tech, healthcare stocks gain

(Reuters) - Wall Street's main indexes opened higher on Friday, lifted by technology and healthcare stocks, with investors assessing the turmoil in the Trump administration and impact of U.S. tariffs on global economy.


US STOCKS SNAPSHOT-Wall St opens higher as tech, healthcare stocks gain

March 16 (Reuters) - Wall Street's main indexes opened higher on Friday, lifted by technology and healthcare stocks, with investors assessing the turmoil in the Trump administration and impact of U.S. tariffs on global economy.


Johnson & Johnson says offered $2.1 billion for LifeScan diabetes unit

(Reuters) - Johnson & Johnson has been offered about $2.1 billion for its LifeScan Inc unit, which makes blood glucose monitoring products, by private investment firm Platinum Equity, the healthcare company said on Friday.


U.S. housing starts fall on weak multi-family segment

WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in February as a plunge in the construction of multi-family housing units offset a second straight monthly increase in single-family projects.


Deutsche Bank boosts bonuses to 2.3 billion euros despite bigger 2017 loss

FRANKFURT (Reuters) - Deutsche Bank paid bonuses worth 2.3 billion euros ($2.83 billion) for 2017, four times higher than the previous year even as the German lender warned on costs for 2018 and reported a bigger 2017 loss than previously disclosed.


Trump's tariffs head for a legal minefield

GENEVA (Reuters) - President Donald Trump's announcement last week of a 25 percent tariff on U.S. imports of steel and 10 percent on aluminum caused a global outcry.


A decade later, three lessons from the financial crisis

(The writer is a Reuters contributor. The opinions expressed are his own.)


Trade body urges EU to scrap changes to supervision of funds

LONDON (Reuters) - A major revamp of how investment funds are managed and regulated in Europe appears to be aimed at taking business from Britain and should be scrapped as there is no evidence it is...


Casino mogul Steve Wynn may sell his stake in Wynn Resorts

(Reuters) - Wynn Resorts Ltd's former chief executive, Steve Wynn, may elect to sell all or a portion of his stake in the company, according to a regulatory filing dated Thursday.


A factory worker at 13, Hong Kong's iconic billionaire Li Ka-shing retires

HONG KONG (Reuters) - Li Ka-shing's rise from penniless immigrant in 1940 to billionaire tycoon is the consummate success story in Hong Kong, a city which progressed alongside him from trading outpost to one of the world's biggest financial centers.


Bike-sharing companies face an uphill ride in U.S.

SAN FRANCISCO (Reuters) - A bike-sharing craze that has swept China over the past two years is picking up speed in cities across the United States, but with a different spin as tough local regulations rein in the roll-out of dockless bikes.


ASEAN, Australia reject protectionism amid fears of Trump trade war

SYDNEY (Reuters) - The Association of Southeast Asian Nations (ASEAN) and Australia reject protectionism, Australian Prime Minister Malcolm Turnbull and his Singapore counterpart said on Friday, amid fears about a possible trade war sparked by U.S. plans to raise tariffs on steel and aluminum imports.


Former Qualcomm chairman explores long-shot bid for U.S. chip maker: sources

(Reuters) - Former Qualcomm Inc Chairman Paul Jacobs has informed its board of directors that he will seek to partner with investment firms to make an offer for the U.S. semiconductor company, people familiar with the matter said on Thursday.


Where is the fear? Markets wave off global risks

SYDNEY (Reuters) - Simmering fears of a global trade war. An embarrassing political scandal in Japan. Rapid job-turnover inside the White House and the threat of faster interest rate hikes in the United States.


Exclusive: Russian billions slip through Latvia's loose net

RIGA (Reuters) - Latvia launched just 85 money-laundering investigations in 2017 even though its banks flagged 17,900 suspect transactions, data seen by Reuters shows, highlighting the challenge the Baltic state faces in repairing its tarnished reputation.


Trading in Samsung Electronics to be halted April 30-May 3 for stock split

SEOUL (Reuters) - Samsung Electronics said on Friday trading in its shares will be halted for three days between April 30 and May 3 for its planned stock split.

The latest bombshell: Mueller has subpoenaed Trump Organization records, including some about Russia

If President Vladimir Putin's aim was to become the most incendiary, corrosive influence on American politics, he succeeded spectacularly.


Nike brand president resigns; company probes workplace complaints

(Reuters) - Nike Inc's namesake brand President Trevor Edwards has resigned and will retire in August, a company spokeswoman said on Thursday.


Ten years after JPMorgan/Bear Stearns deal banks may have already seen biggest gains

(Reuters) - Ten years after JPMorgan bought failing investment bank Bear Stearns, one of the first big harbingers of the financial crisis, investor views on U.S. banks are significantly brighter, although the sector may have already put its biggest gains behind it.


Trump has decided to remove his national security adviser: Washington Post

WASHINGTON (Reuters) - U.S. President Donald Trump has decided to replace his national security adviser, H.R. McMaster, but the move is not expected to be made immediately, the Washington Post reported on Thursday.


Asian shares slip as new U.S. political worries sour mood

TOKYO (Reuters) - Asian stocks slid on Friday as reports of more chaos in the Trump administration tested investors' nerves, already frayed by fears that U.S. tariffs could hurt the global economy and trigger a trade war.


Alabama executes murderer; Georgia puts 'stocking strangler' to death

ATLANTA (Reuters) - Alabama on Thursday executed a 50-year-old man convicted for the kidnapping and murder of a woman in 2000, and Georgia put to death a man dubbed the "stocking strangler."


China's HNA, shedding debt overseas, is still Hainan's hometown champion

HAIKOU, China (Reuters) - Hundreds of workers pour concrete as tower cranes swing overhead at the building site where a giant skyscraper is set to soar above the palm-fringed streets of this tropical Chinese city.

Anderson Cooper: Hard to fact-check Trump's fairy tale

CNN's Anderson Cooper looks at President Trump's claims of a US trade deficit with Canada, despite a recent economic report with Trump's signature on it that says the opposite.

Opinion: Why is Trump like a pussycat when it comes to calling out Putin?

Things move fast in President Trump's Washington. You can hardly keep up with the news. Unless, that is, you are waiting for Trump to condemn Russian President Vladimir Putin and his government. Then it requires a great deal of patience. And the world has taken notice.

The push for a replacement comes after months of tension between Trump and his national security adviser, sources say

Dana Bash: McMaster's briefing style grated on Trump

CNN's Dana Bash discusses President Donald Trump's decision to remove his national security adviser H.R. McMaster, according to multiple sources familiar with the matter.


BRIEF-Fortress Global Enterprises qtrly sales from continuing operations $29.6 mln vs $41.2 mln



Donald Trump Jr.'s wife files for divorce in New York

WASHINGTON/NEW YORK (Reuters) - The wife of Donald Trump Jr., the eldest son of U.S. President Donald Trump, has filed for divorce in New York, according to court records.


Oil prices extend gains, but higher output caps rise

TOKYO (Reuters) - Oil prices crept higher on Friday after the International Energy Agency said global crude demand would accelerate this year, but warned supply is growing at a faster pace.


Australia's competition watchdog sues Equifax for misleading consumers

SYDNEY (Reuters) - Australia's competition regulator said on Friday it was suing credit reporting company Equifax Pty Ltd, owned by U.S.-based Equifax Inc , alleging it misled consumers and used unfair tactics with people in financial hardship.


BRIEF-Vanda Pharma Prices Public Offering Of Common Stock


Trump looks to cable news for new hires

Multiple media personalities have close ties to President Trump's administration. CNN's Randi Kaye reports.


Rejecting protectionism, ASEAN and Australia commit to free trade

SYDNEY (Reuters) - The Association of Southeast Asian Nations (ASEAN) and Australia reject protectionism and embrace free trade, Australian Prime Minister Malcolm Turnbull and his Singapore counterpart Lee Hsien Loong said on Friday.


Asian shares on defensive as new political worries sour mood

TOKYO (Reuters) - Asian stocks were on the defensive on Friday as worries over the U.S. investigation into the Trump Organization tested investor nerves, already frayed by fears U.S. tariffs could hurt the global economy and trigger a trade war.

Russian Interference in 2016 US Elections and Ties to Trump Associates

Editorial: Finally, Trump Has Something Bad to Say About Russia

And, not surprisingly, it still falls short.

Kudlow, Lawrence A

In Larry Kudlow, Trump Finds His Economic Evangelist

The new National Economic Council director could help the president sell his agenda, but critics say he could be blinded to bad economic news.

Divorce, Separations and Annulments

Vanessa Trump, Donald Trump Jr.’s Wife, Files for Divorce

The president’s daughter-in-law filed for an uncontested divorce in Manhattan Supreme Court on Thursday.

Donald Trump Jr. and Vanessa Trump are separating

Donald Trump Jr. and his wife Vanessa Trump are separating, they announced in a joint statement Thursday.


Chamber of Commerce warns Trump against China tariffs

WASHINGTON (Reuters) - The head of the most influential U.S. business lobbying group warned the Trump administration on Thursday that unilateral tariffs on Chinese goods could lead to a destructive trade war that will hurt American consumers and U.S. economic growth.

Trump uses 'bowling ball test' to make odd point

President Donald Trump accused Japan of using a "bowling ball test" to cheat US auto companies out of selling cars to Japanese consumers. CNN's Jeanne Moos looks at how social media reacted.


Mexico's No. 2 presidential candidate calls Trump policies 'crazy'

MEXICO CITY (Reuters) - The Mexican presidential candidate running in second place said on Wednesday U.S. President Donald Trump's economic policies were a "crazy" bid to turn back the clock on advancing technologies that will eliminate manufacturing jobs.

United States Politics and Government

Trump Readies Sweeping Tariffs and Investment Restrictions on China

Before the dust has settled on a plan to introduce sweeping tariffs on foreign metals, the White House is readying another major trade action.


With Qualcomm behind it, Broadcom looks to smaller deals

(Reuters) - Broadcom Ltd on Thursday said it was likely to pursue smaller acquisitions of chipmakers after its failed hostile takeover bid to acquire rival Qualcomm Inc and said that its smart phone chip business would see a drop in demand this quarter from a North American customer and an increase from South Korea.


Goldman steps up hiring of women, minorities worldwide

NEW YORK (Reuters) - Goldman Sachs Group Inc wants women to make up half of its global workforce, starting with new analysts by 2021, the Wall Street bank said on Thursday, as it stepped up efforts to address gender and racial imbalance across the board.


U.S.-based stock funds attract $20.4 billion in 'Goldilocks' week: Lipper

NEW YORK (Reuters) - U.S. investors' appetite for risk-taking renewed in the week ending Wednesday, with U.S.-based stock funds attracting $20.4 billion, the largest inflows since late January,...

White House: Trump was joking about Japanese bowling ball test

White House press secretary Sarah Sanders said President Trump was joking when he said Wednesday that Japan uses bowling balls to test the safety of imported cars.


U.S. judge dismisses currency-rigging claims against big banks

NEW YORK (Reuters) - A U.S. judge on Thursday dismissed a lawsuit against 16 big banks by retail foreign currency investors who claimed they were indirectly harmed by a conspiracy to rig prices.

Former US North Korea envoy calls Trump's acceptance of Kim meeting 'a great outcome'

The man who spearheaded US diplomatic efforts on North Korea until his surprise retirement earlier this month said he welcomes plans for a meeting between President Donald Trump and North Korean leader Kim Jong Un, which is expected to take place in May.


Wells Fargo CEO defends pay; calls Senator Warren's criticism 'inappropriate'

DETROIT (Reuters) - Wells Fargo & Co Chief Executive Tim Sloan on Thursday defended a 35 percent gain in his latest compensation package, while describing comments last year by Democratic U.S. Senator Elizabeth Warren, who had called for his ouster, as "inappropriate."


With Qualcomm saga behind it, Broadcom tops estimates

(Reuters) - Broadcom Ltd's quarterly results topped estimates on Thursday on robust demand for its chips from smartphone makers, at a time when investors are closely watching the company's next moves after its bid for fellow chipmaker Qualcomm was blocked.


Nestle chairman calls CEO 'man of action,' praises his first year

SAO PAULO (Reuters) - Nestle SA's chairman gave a vote of confidence to Chief Executive Mark Schneider 14 months into his tenure at the helm of the world's biggest packaged food company as it struggles to recover from a sixth straight year of slowing growth.


Whistleblower says Walmart, eyeing Amazon, cheated on e-commerce

(Reuters) - Walmart Inc was sued on Thursday by a former executive who accused the world's largest retailer of issuing misleading e-commerce results, amid growing pressure from Inc , and firing him for complaining about it.

How Trudeau copes with Trump lies

In one bizarre, unguarded moment at a private fundraiser in Missouri, Donald Trump showed why months of trade negotiations between Canada, Mexico and the United States have been fitful, frustrating, and fruitless.


GLOBAL MARKETS-Investors flock to safe-haven bonds; stocks end mixed

NEW YORK, March 15 (Reuters) - The S&P 500 edged slightly lower on Thursday, in its first four-day losing streak of 2018, while global political tensions kept demand high for safe-haven government bonds on both sides of the Atlantic.

Trump pick for UN migration job shared tweets warning of creeping Sharia

The Trump administration's pick to head the United Nations organization that coordinates assistance to migrants worldwide regularly pushed anti-Muslim sentiment, including claims that Muslims were trying to impose Sharia law in the US.


Mueller subpoenas Trump business for Russia, other documents: NYT

WASHINGTON (Reuters) - U.S. Special Counsel Robert Mueller has subpoenaed the Trump Organization for documents, including some related to Russia, the New York Times reported on Thursday, citing two people briefed on the matter.

Mueller subpoenas Trump Organization records

Special counsel Robert Mueller has subpoenaed the Trump Organization for business documents, a source familiar with the matter told CNN on Thursday.


U.S. judge says AT&T-Time Warner merger trial may last 8 weeks

WASHINGTON (Reuters) - U.S. District Judge Richard Leon said on Thursday a trial to decide if AT&T's $85 billion acquisition of Time Warner Inc is legal under U.S. antitrust law may last six to eight weeks, significantly longer than previously forecast.

Analysis: Did Mueller just cross Trump's red line?

Special counsel Robert Mueller has subpoenaed the Trump Organization for business documents -- some of which are related to Russia, according to The New York Times -- a move that represents the latest evidence that the probe seems to have widened to include far more than simply Russia's attempts to meddle in the 2016 presidential election.


Meredith moves to sell Time, Fortune and Sports Illustrated titles: sources

(Reuters) - U.S. media company Meredith Corp has hired advisers to explore a sale of its Time, Fortune, Money and Sports Illustrated magazines following its $1.84 billion acquisition of Time Inc in January, people familiar with the matter said.


S&P falls for fourth day as Mueller subpoena weighs

NEW YORK (Reuters) - The S&P 500 ended slightly lower on Thursday after a report that U.S. Special Counsel Robert Mueller had issued a subpoena for documents related to U.S. President Donald Trump's businesses offset strong jobs and manufacturing data.


Toys 'R' Us seeks to halt vendor payments ahead of liquidation

(Reuters) - Toy retailer Toys 'R' Us Inc on Thursday asked the U.S. Bankruptcy Court for approval to stop paying all of its suppliers while it tries to line up buyers for its international business ahead of a planned liquidation of its U.S. operations.


Ford will speed shift to SUVs to boost profit, shares

DEARBORN, Mich. (Reuters) - Ford Motor Co executives on Thursday disclosed ambitious plans to shift the struggling automaker's product portfolio from passenger cars to SUVs, add more hybrid and pure electric vehicles, and reduce development and manufacturing costs - moves aimed at boosting Ford's profit and share price.


Democrats accuse Republicans of stalling on Trump administration records

WASHINGTON (Reuters) - Democrats on a congressional oversight panel accused Republicans on Thursday of failing to insist that U.S. President Donald Trump's administration comply with requests for records in an investigation of security clearance practices, use of private jets and private email accounts.

United States Politics and Government

White House Memo: ‘There Will Always Be Change,’ Trump Says as More Personnel Shake-Ups Loom

The president, who is famously fickle, appears to have soured on additional members of his senior leadership team, and some people around him are convinced he could make more moves soon.

Analysis: There's a lot of smoke around Trump on the Stormy Daniels story

The legal and political storm around Stormy Daniels -- and her allegations that she had an extramarital affair with President Donald Trump in the mid-2000s -- just keeps growing.

United States Politics and Government

Op-Ed Contributors: Is Trump Giving Authoritarianism a Bad Name?

Support for a “strong” leader has dropped in America — but retains a foothold in the G.O.P.

Trump, Donald J

Trump Says He Made Up Deficit Claim in Talk with Trudeau, Baffling Canadians

The president boasted that he was just improvising when he insisted to Prime Minister Justin Trudeau that the U.S. had a trade deficit with Canada.

United States Politics and Government

Mueller Subpoenas Trump Organization, Demanding Documents About Russia

The court order is the first known time the special counsel has ordered that documents directly related to the president’s businesses be turned over.


Weathering Trump's skepticism, US officials still fighting global warming

WASHINGTON/OSLO (Reuters) - U.S. President Donald Trump has bashed international efforts to combat climate change and questioned the scientific consensus that global warming is dangerous and driven by human consumption of fossil fuels.


Goldman Sachs sees reshaping of industries driving M&A

NEW ORLEANS (Reuters) - Major shifts in industries ranging from semiconductors and food to beverages and pharmaceuticals will keep fueling the blistering pace of mergers and acquisitions, one of Goldman Sachs Group Inc's top dealmakers said on Thursday.