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New revelations reported Wednesday further intensify the spotlight on Paul Manafort, President Donald Trump’s former campaign chair and a longtime friend, who allegedly worked for years to advance the interests of Russian President Vladimir Putin in Ukraine and elsewhere. An Associated Press report says Manafort forged closer ties to the Kremlin and the formerly pro-Russian government in Ukraine than he had previously disclosed, casting another cloud over the […]

Business

By Sarah N. Lynch | WASHINGTON WASHINGTON Shareholder activists are pushing back against a major business trade group’s request that the White House use its influence on the U.S. securities regulator to make it harder to get governance, political or environmental issues onto corporate ballots, according to a letter seen by Reuters on Monday. Company boards and CEOs have increasingly faced requests by investors to include various […]

FT Select

Airline passengers travelling from eight Middle Eastern nations, including Jordan and Egypt, will be barred from carrying large electronic devices into the main cabin under new regulations from the Trump administration. The rules, which come into effect on Tuesday, also apply to Saudi Arabia and the United Arab Emirates, according to a US official. Passengers from the eight countries will have to check laptop computers and other […]

Biz Tech

Tech companies and auto makers need to join forces and educate regulators on self-driving cars, or rules of the road will never get off the ground. To hear Google or Uber tell it, self-driving cars are almost ready for prime time. After all, you can already summon an autonomous Uber in Pittsburgh and Arizona, while a test of Google’s self-driving car effort—an Alphabet subsidiary now known as […]

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Business

LONDON HSBC Holdings Plc is lining up Mark Tucker, currently chief executive of insurer AIA Group Ltd, to be the next chairman of Europe’s biggest bank, sources with direct knowledge of the matter said on Sunday. Regulators in Hong Kong and London have signaled they will approve the appointment, one of the sources said, paving the way for Tucker to take up the role in the autumn. […]

India Takes

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. British reporter Iona Craig went to the al Ghayil, the Yemeni town stormed by Navy SEALs in the raid that President Trump says was a great success even as it claimed the life of the operator whose widow was honored […]

TAP Research

In this May 13, 2015, file photo, Google’s new self-driving prototype car is introduced at the Google campus in Mountain View, Calif. Cars with no steering wheel, no pedals and nobody at all inside could be driving themselves on California roads by the end of 2017, under proposed new rules that would give a powerful boost to the technology from the nation’s most populous state. (AP Photo/Tony […]

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FT Select

AIG is to set up a new base in Luxembourg after the UK leaves the EU as the likely loss of passporting rights post Brexit has forced the US insurer to look for an alternative location to London from which to service EU business. The choice of Luxembourg is a sign of a shift in attitudes in the insurance world. Immediately after the Brexit vote, there was […]

World

By Susan Cornwell and Yasmeen Abutaleb | WASHINGTON WASHINGTON Democrats mounted a fierce uphill battle on Wednesday to thwart a Republican plan backed by President Donald Trump to overhaul the U.S. healthcare system, even as the legislation also drew fire from a top medical group and dissatisfied conservatives. Two House of Representatives committees began debating the bill and considering amendments two days after it was unveiled by […]

FT Select

George Osborne will earn £650,000 a year for working four days a month at BlackRock, more than ten times what he is paid as an MP once expected share awards from the world’s largest fund manager are included. The detail of Mr Osborne’s pay at BlackRock, which he agreed to join as an adviser earlier this year, was disclosed in the register of members’ financial interests at […]

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Business

A government watchdog group, Public Citizen, said on Wednesday it will ask lawmakers to investigate whether billionaire investor Carl Icahn should have been subject to lobbying disclosure laws when he advised President Donald Trump to overhaul the U.S. biofuels program. Icahn, an unpaid adviser to Trump on regulation, submitted a proposal to Trump last month to change the U.S. Renewable Fuel Standard by shifting the burden of […]

FT Select

US immigration officials have put a severe brake on the processing of H-1B visas over the coming months, potentially sowing confusion for companies that rely on foreign engineers and other experts to fill holes in their employee ranks. Friday’s announcement was billed as an administrative move to reduce a backlog at US Citizenship and Immigration Services. It comes as the Trump administration has been considering deeper changes […]

Biz Tech

General Motor’s (GM’s) European car brand Opel will soon come under the PSA Group. The French automaker is quite close to completing a deal with Detroit-based car maker GM on Monday, March 6. GM it seems is finally dumping its European car business which was long standing and losing out money making its car business unprofitable. The acquisition was made in order to give a boost to GM’s […]

Investing

Just under 70 minutes, 4,825 words, and the message was clear – the speech was about “will” and “Americans” Additionally “Obamacare” was mentioned 5 times, “Historic” was mentioned 3 times, and “massive” twice. .. I am here tonight to deliver a message of unity and strength, and it is a message deeply delivered from my heart. #JointAddress — President Trump (@POTUS) March 1, 2017 President Trump got […]

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FT Select

Tim Cook has signalled that Apple would look to broaden its $50bn US manufacturing and supplier base, as the iPhone maker faces looming pressure on domestic job creation from the Trump administration. Apple would also step in to defend net neutrality, its chief executive said, if the principle protecting even-handed management of internet traffic was threatened by the new head of the Federal Communications Commission, the US telecoms regulator. “We […]

FT Select

South Korean prosecutors have charged Lee Jae-yong, Samsung’s de facto boss, with bribery, embezzlement and other offences in connection with the country’s sprawling corruption scandal. The move on Tuesday is a blow to the leadership transition to the third generation of the founding family of South Korea’s largest conglomerate. The indictment of the 48-year-old vice-chairman of Samsung Electronics, along with four other Samsung executives, comes as the […]

Business

By Se Young Lee and Ju-min Park | SEOUL SEOUL South Korean prosecutors said on Tuesday they will charge Samsung Group [SARG.UL] chief Jay Y. Lee with bribery and embezzlement as the top conglomerate announced the dismantling of its corporate strategy office, the latest developments in a scandal that has rocked the country for months. Jay Y. Lee, 48, was arrested on Feb. 17 over his alleged […]

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FT Select

The near collapse of the €29bn merger between the London Stock Exchange Group and Deutsche Börse was precipitated by the LSE’s decision to aggressively reject concessions demanded by Brussels without warning or consulting its German partner. Both exchanges took turns apportioning blame to EU authorities and obstinate rivals on Monday, making clear the deal once touted as creating a European champion to challenge their larger US rivals […]

Investing

Submitted by Matthew Continetti via FreeBeacon.com, How bureaucrats are fighting the voters for control of our country Donald Trump was elected president last November by winning 306 electoral votes. He pledged to “drain the swamp” in Washington, D.C., to overturn the system of politics that had left the nation’s capital and major financial and tech centers flourishing but large swaths of the country mired in stagnation and […]

Investigation

Why would lobbyists donate to Trump’s transition team, which served as the official “government-in-waiting” that worked to craft the new administration’s policies and identify potential presidential appointees? “Money buys access and influence,” said Craig Holman, a lobbyist for the public interest group Public Citizen, adding that he’s disappointed by the actions of a candidate who pledged to “drain the swamp” in Washington, D.C. “Trump isn’t carrying through […]

World

By Lisa Baertlein and Paul Ingram | NOGALES, Arizona NOGALES, Arizona For up to 16 hours a day, tomatoes, peppers, cucumbers and mangoes grown in Mexico flow north through a border checkpoint into Nogales, Arizona, helping to ensure a year-round supply of fresh produce across the United States. This is a city built on cross-border trade. Each year, some 330,000 trucks and 75,000 train cars carrying $17 […]

Newsbox

A few days before the retreat, I met up with the man who, perhaps more than any other figure in the conservative movement, had maneuvered the party toward complete and unbending opposition to Obamacare: Michael Needham of the Heritage Foundation. Needham, 35, is the chief executive of Heritage Action for America, a feral cur of a lobbying organization established by the venerable conservative think tank in 2010 […]

Middle East

US President Donald Trump has warned US airlines that foreign rivals “bring big investments” while pledging to support them amid tough competition, in the latest indication of his stance in the ongoing dispute between Gulf and US carriers. The new president told a White House meeting with the country’s largest airlines, air freight companies and airports on Thursday that he would support the US aviation industry in […]

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