WASHINGTON Ivanka Trump said on Wednesday she would work in the White House in an unpaid, informal advisory role to the president as she sought to allay ethics concerns about working there. “I have heard the concerns some have with my advising the president in my personal capacity while voluntarily complying with all ethics rules and I will instead serve as an unpaid employee in the White […]
By Mark Hosenball and Yeganeh Torbati | WASHINGTON WASHINGTON A U.S. State Department employee with access to sensitive diplomatic information was accused of failing to report her contacts with Chinese foreign intelligence agents who provided her with gifts in exchange for economic information, federal prosecutors said on Wednesday. A State Department spokeswoman had no immediate comment on the charges of obstruction of justice and making false statements […]
Hedge fund managers may be criticised for their recent returns but they have consistently displayed a razor sharp sense of timing when it comes to picking when to sell their own businesses. When Och-Ziff, the New York-based hedge fund founded by the former Goldman Sachs trader Daniel Och, decided to sell equity to the public markets it did so near the top of the market in late […]
WASHINGTON The Democratic and Republican leaders of the U.S. Senate Intelligence Committee pledged on Wednesday that their investigation of Russian hacking of the 2016 U.S. campaign would be bipartisan. Senator Richard Burr, the committee’s Republican chairman, said he has not coordinated at all with President Donald Trump’s White House on the scope of the panel’s Russia probe. (Reporting by Patricia Zengerle, Additional reporting by David Alexander; Editing […]
By Caroline Valetkevitch | NEW YORK NEW YORK A U.S. stock rally fueled by optimism President Donald Trump will boost the economy may be near its peak, according to a Reuters poll of strategists who forecast U.S. shares will gain less than 3 percent between now and year-end. The run up since the Nov. 8 U.S. election has left the S&P 500 .SPX at levels many consider […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Donald Trump is temporary ratings gold, which is either evidence of renewed civic engagement or merely the decline of Western civilization. Variety reports that Fox News “finished far and above its competition in the ratings for the first quarter of […]
By Ali Sawafta and Suleiman Al-Khalidi | DEAD SEA, Jordan/AMMAN DEAD SEA, Jordan/AMMAN Arab leaders reaffirmed on Wednesday their commitment to a two-state solution to the decades-long Arab-Israeli conflict amid increased unease over the stance of the United States under the new administration of President Donald Trump. Trump rattled Arab and European leaders in February by indicating he was open to a one-state solution, upending a position […]
So much flip-flopping from Dennis Gartman in just the past week, it is enough to make one’s head spin. After missing Friday’s move lower, on Monday morning Gartman said he was actively looking to “re-establish net short positions” when S&P futures were sharply lower to which we said “at the rate the S&P is covering its opening losses, he should be able “find a point” where the […]
Bloomberg suffered its second-ever drop in the number of ubiquitous terminals dotting global trading desks as it fell victim to cost cutting by the finance industry. The number of Bloomberg’s distinctive black terminals, used daily by bankers, traders and money managers, fell by 3,145 last year to just under 324,500, down nearly 1 per cent from 2015, according to a report on Tuesday from Burton-Taylor International, one […]
The House of Representatives voted 215-205 to overturn the Federal Communications Commission rule, following last week’s 50-48 vote in the Senate US lawmakers voted Tuesday to roll back rules that would block internet service providers from selling user data to third parties, following a heated debate over privacy protections. The House of Representatives voted 215-205 to overturn the Federal Communications Commission rule, following last week’s 50-48 vote […]
AMMAN: The 2017 Arab Summit started today in Jordan with the participation of an unprecedented number of Arab leaders, whose agenda was topped by the issues of Palestine, terrorism and Arab coordination.Since early Tuesday, leaders of Arab states started arriving in the Jordanian capital Amman for a gathering that comes amid serious challenges and crises facing the region.UN Secretary-General Antonio Guterres also arrived in Amman on Tuesday […]
TOKYO Toshiba Corp’s (6502.T) troubled U.S. nuclear unit Westinghouse intends to file for Chapter 11 protection from creditors, Japan’s government said on Wednesday, as the conglomerate seeks to limit losses that have plunged it into crisis. Yoshihide Suga, the government’s chief spokesman, told a regular news briefing he was aware that Pittsburgh-based Westinghouse plans a bankruptcy filing. Sources with knowledge of the situation have said that the […]
WASHINGTON President Donald Trump’s call for $1.5 billion this year to help build a wall along the border with Mexico could be in jeopardy as fellow Republicans in Congress weigh delaying a decision on the request. Republican Senator Roy Blunt, a member of his party’s leadership, told reporters on Tuesday that money for the wall likely would not be coupled with a spending bill that must pass […]
WASHINGTON U.S. President Donald Trump told a group of senators on Tuesday that he expected lawmakers would be able to reach a deal on healthcare, without offering specifics on how they would do it or what had changed since a healthcare reform bill was pulled last week for insufficient support. “I have no doubt that that’s going to happen very quickly,” Trump said at a bipartisan reception […]
SYDNEY Asian shares inched ahead on Wednesday while the dollar and commodities rallied as investors shook off disappointment about U.S. President Donald Trump’s failed healthcare bill and focused on an improving outlook for global growth. The cheerful mood did not extend to the pound which was on the skids as the British government sent a letter to Brussels formally starting the country’s exit from the European Union. […]
By Valerie Volcovici and Jeff Mason | WASHINGTON WASHINGTON President Donald Trump on Tuesday signed an order to undo Obama-era regulations to curb climate change, keeping a campaign promise to support the coal industry while calling into question U.S. support for an international deal to fight global warming. Flanked by coal miners, Trump enacted his “Energy Independence” executive order at the Environmental Protection Agency. A coalition of […]
WASHINGTON — The F.B.I. on Tuesday arrested two Iraqi refugees living in Northern Virginia after they failed to disclose that one of their brothers had been involved in the 2004 kidnapping of an American contractor in Iraq. The refugees, Yousif Al Mashhandani, 35, of Vienna, Va., and Adil Hasan, 38, of Burke, Va., admitted to the F.B.I. that they did not tell the authorities about their brother […]
By Josh Smith and James Mackenzie | KABUL KABUL Afghanistan plans to double the number of elite special forces from 17,000 troops, officials said, part of a long-term strategy to bolster units stretched and exhausted by persistent attacks from Taliban insurgents and other Islamist militants. Special forces, who represent a small fraction of the 300,000-strong armed forces, have been carrying out nearly 70 percent of the army’s […]
(Image: C-SPAN broadcast) Rules preventing internet providers from selling personal information, such as customer browsing histories, will be repealed, following a vote in the US House of Representatives this afternoon. The Republican-led House voted 215-203 in favor of repealing the rules, implemented just a few months ago under the previous Obama administration. It follows a similar vote in the Senate last week, which also speedily passed the […]
WASHINGTON The U.S. Senate voted overwhelmingly on Tuesday to approve the expansion of NATO to allow Montenegro to join the alliance. As voting continued, the vote was 86 to 2 in favour of Montenegro’s accession to the North Atlantic Treaty Organisation. The vote sends the issue to the White House for President Donald Trump’s signature. (Reporting by Patricia Zengerle; Editing by James Dalgleish) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(”); var […]
The House intelligence committee cancelled a hearing on alleged ties between the Trump campaign and Russia after administration officials reportedly told an Obama-era appointee that she could not testify about conversations she had concerning Michael Flynn, who was fired as White House national security adviser. Sally Yates, the acting attorney-general early in the Trump administration, was due to testify before the committee on Tuesday. But the White […]
General counsel from 185 companies are joining the chorus of voices supporting the Legal Services Corp., a major benefactor of civil legal aid that’s at risk of being completely eliminated under President Donald Trump’s proposed budget. The group of top corporate lawyers, from companies including Google Inc., , and , signed on to a letter delivered to […] (via WSJ)
Photo A man carried the bodies of people killed in fighting between Iraq security forces and the Islamic State in Mosul last week. Credit Felipe Dana/Associated Press WASHINGTON — The senior United States commander in Iraq said Tuesday that an American airstrike likely triggered the collapse of a building in Mosul that killed more than 100 civilians this month, but indicated that an investigation would also examine […]
A former University of New Mexico student failed to persuade a federal appeals court that the school violated her free speech rights by rejecting an essay containing anti-lesbian remarks that she had written for a film class. The 10th U.S. Circuit Court of Appeals on Tuesday said the university had legitimate pedagogical concerns when its professors refused to grade Monica Pompeo’s critique of a film about a […]
