Iraq Could Become An Arena For US-Iran Armed Conflict
2019-05-17 22:02:57 UTC
BAGHDAD (AP) — When U.S. Secretary of State Mike Pompeo sat down with Iraqi officials in Baghdad last week as tensions mounted between America and Iran, he delivered a nuanced message: If you’re not going to stand with us, stand aside.
The message, relayed to The Associated Press by two Iraqi government officials, underscores Iraq’s delicate position: Its government is allied with both sides of an increasingly contentious confrontation.
As tensions escalate, there are concerns that Baghdad could once again get caught in the middle, just as it is on the path to recovery. The country hosts more than 5,000 U.S. troops, and is home to po...
Trump Says Some Auto Imports Threaten National Security
2019-05-17 20:40:13 UTC
WASHINGTON (Reuters) - US President Donald Trump declared that some imported vehicles and parts pose a national security threat but delayed a decision for as long as six months on whether to impose tariffs to allow for more time for trade talks with the European Union and Japan.
The unprecedented designation of foreign vehicles imported to the United States from some of its closest allies sparked anger from automakers, dealers and foreign governments after a White House document hinted it would seek voluntary export quotas on autos from U.S. trading partners.
European Trade Commissioner Cecilia Malmstroem said on Twitter that “we com...
US Federal Appeals Court: Trump Administration Violated Federal Law
2019-05-17 20:13:17 UTC
RICHMOND, Va. (AP) — A federal appeals court ruled Friday the Trump administration acted in an “arbitrary and capricious” manner when it sought to end an Obama-era program that shields young immigrants from deportation.
A three-judge panel of the 4th U.S. Circuit Court of Appeals ruled 2 to 1 that the Trump administration violated federal law when it tried to end the Deferred Action for Childhood Arrivals program without adequately explaining why. The ruling overturns a lower court ruling a judge in Maryland made last year, which Trump had previously praised via Twitter.
Friday’s ruling will not have any immediate effect as other fed...
Mueller Report Does Not Exonerate Trump
2019-04-18 22:20:34 UTC
By Sarah N. Lynch and Andy Sullivan
WASHINGTON (Reuters) - Special Counsel Robert Mueller’s report on his inquiry into Russia’s role in the 2016 U.S. election described in extensive and sometimes unflattering detail how President Donald Trump tried to impede the probe, raising questions about whether he committed the crime of obstruction of justice.
Thursday’s release of the 448-page report after a 22-month investigation was a watershed moment in Trump’s tumultuous presidency and inflamed partisan passions ahead of his 2020 re-election bid in a deeply divided country.
Democrats said the report contained disturbing evidence of wron...
Oil Prices Continue to Rise Amid OPEC-Led Supply Cuts
2019-04-02 21:38:57 UTC
NEW YORK (Reuters) - Oil prices on Tuesday hit their highest level so far in 2019, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut.
Brent futures reached a session peak at $69.52 a barrel, the highest since Nov. 13. The global benchmark rose 36 cents, or 0.52 percent, to settle at $69.37 a barrel.
U.S. West Texas Intermediate (WTI) crude rose 99 cents, or 1.61 percent, to settle at $62.58 a barrel, after touching $62.75, its highest level since Nov. 7.
The United States is considering more sanctions against Iran, the ...
US Attorney General will Mueller report by mid-April
2019-03-29 20:26:01 UTC
WASHINGTON (Reuters) - U.S. Attorney General William Barr plans to issue a redacted copy of Special Counsel Robert Mueller’s nearly 400-page investigative report into Russian interference in the 2016 election by mid-April, he said in a letter to lawmakers on Friday.
“Everyone will soon be able to read it on their own,” Barr wrote in the letter to the top Democrats and Republicans on the Senate and House Judiciary committees.
He said he is willing to appear before both committees to testify about Mueller’s report on May 1 and May 2.
Mueller completed his 22-month investigation probe into whether President Donald Trump’s campaign co...
U.S. Judge Approves Bankruptcy Loan for PG&E
2019-03-27 18:31:51 UTC
SAN FRANCISCO (Reuters) - Bankrupt California power provider PG&E Corp won court approval on Wednesday for a $5.5 billion loan to help maintain electricity and natural gas delivery and for investments to reduce the risk of wildfires as it reorganizes.
San Francisco-based PG&E filed for Chapter 11 bankruptcy protection in January in the aftermath of devastating wildfires that struck California in recent years, some linked or suspected to be linked to the company’s equipment.
Judge Dennis Montali of the U.S. Bankruptcy Court in San Francisco approved the debtor-in-possession loan over objections of a committee representing victims of w...
Facebook Bans White Nationalism and Separatism on Its Platforms
2019-03-27 18:01:14 UTC
<p>(Reuters) - Facebook Inc on Wednesday announced a ban on praise, support and representation of white nationalism and separatism on its social media platforms, furthering its efforts to tackle hate speech. </p><p>These bans will be enforced next week, the social media giant said in a blog <a href="https://newsroom.fb.com/news/2019/03/standing-against-hate">here</a> post. </p><p>Facebook said it would also start connecting people who search for terms associated with white supremacy to organizations focused on helping people leave behind hate groups. </p><p>Reporting by Sonam Rai in Bengaluru; Editing by Anil D'Silva</p>
Wall Street Bogged Down by Global Growth Worries
2019-03-27 17:53:13 UTC
(Reuters) - Fears of a global economic slowdown weighed on Wall Street’s main indexes on Wednesday, and along with a prolonged inversion in the U.S. yield curve kept investors at bay.
Apple Inc was a bright spot, rising 1.23 percent after three straight days of losses.
The benchmark 10-year Treasury yields slid on Wednesday, but came off 15-month lows reached overnight as investors remained focused on central bank dovishness globally. The inversion, if it persists, could indicate that a recession is likely in one to two years. [US/]
U.S. stocks have been hit by worries of slowing global economic growth since last week following do...
Scientists' evidence for man-made global warming hits 'gold standard'
2019-02-25 18:33:18 UTC
OSLO (Reuters) - Evidence for man-made global warming has reached a “gold standard” level of certainty, adding pressure for cuts in greenhouse gases to limit rising temperatures, scientists said on Monday.
“Humanity cannot afford to ignore such clear signals,” the U.S.-led team wrote in the journal Nature Climate Change of satellite measurements of rising temperatures over the past 40 years.
They said confidence that human activities were raising the heat at the Earth’s surface had reached a “five-sigma” level, a statistical gauge meaning there is only a one-in-a-million chance that the signal would appear if there was no warming.
The segregation-era road-trip drama “Green Book” wins best picture at Oscars
2019-02-25 04:57:11 UTC
LOS ANGELES (AP) — The segregation-era road-trip drama “Green Book” was crowned best picture at the Academy Awards, handing Hollywood’s top award to a film seen as a feel-good throwback to some but ridiculed as an outdated inversion of “Driving Miss Daisy” by others.
In a year where Hollywood could have made history by bestowing best-picture on Netflix (“Roma”) or Marvel (“Black Panther”) for the first time, the motion picture academy instead threw its fullest support behind a traditional interracial buddy tale that proved as popular as it was divisive. But Peter Farrelly’s “Green Book” weathered criticism that it was retrograde and ina...
Oscars winners 2019: The full list of winners
2019-02-25 04:32:29 UTC
Los Angeles — Sunday night’s Oscars marked a record-breaking year for recognizing the achievement of black artists. Shattering a record set in 2017, the 91st Academy Awards bestowed trophies to seven black winners in six categories.
The following is a list of nominees and the winners:
<h3>BEST PICTURE</h3><p>"Black Panther"</p><p>"BlacKkKlansman"</p><p>"Bohemian Rhapsody"</p><p>"The Favourite"</p><p>"Green Book" <strong>*WINNER</strong></p><p>"Roma"</p><p>"A Star Is Born"</p><p>"Vice"</p><h3><br></h3><h3>ACTRESS IN A SUPPORTING ROLE</h3><p>Amy Adams...
Buffett rebukes Trump for taking credit for US economic growth
2019-02-23 19:58:52 UTC
(Reuters) - Warren Buffett on Saturday appeared to fault U.S. President Donald Trump for taking too much credit for the nation’s economic growth, while acknowledging that market conditions are making it tough for his Berkshire Hathaway Inc to find more big companies to buy.
Buffett lamented these states of affairs in his widely read annual letter to Berkshire shareholders.
Accompanying the letter was more bad news, that sinking stock prices and a big writedown for the company’s Kraft Heinz Co investment fueled a $25.39 billion fourth-quarter net loss, and caused Berkshire to post its lowest annual profit since 2001.
But many of ...
Democrats pursue subpoenas on US migrant family separation policy
2019-02-23 19:35:34 UTC
WASHINGTON (Reuters) - In what is likely to be their first public use of subpoena power since taking over the U.S. House of Representatives in January, Democrats were set to vote on Tuesday on subpoenaing documents on the Trump administration’s migrant family separation policy.
If approved, the subpoenas by the House Oversight Committee would show Democrats beginning to invoke the investigative clout they obtained when voters in November handed them majority control of the House and took it away from Republicans.
Democrats are initiating a series of investigations of President Donald Trump, his personal finances and business interest...
North Carolina: New election in undecided US House race
2019-02-21 22:04:16 UTC
(Reuters) - North Carolina’s elections board on Thursday unanimously ordered a new election for a U.S. House seat after officials said corruption surrounding absentee ballots tainted the results of last November’s vote.
The bipartisan board’s 5-0 decision came after Republican candidate Mark Harris requested a new vote, telling the panel that evidence of possible ballot fraud had undermined confidence in the election.
In the televised hearing, board members said “corruption” and the “absolute mess with the absentee ballots” had cast doubt on the fairness of the contest and voters deserved a fresh election.
Harris’ request for a ne...
Putin says Russia ready to place new nuclear missile near US territory
2019-02-21 21:52:11 UTC
MOSCOW (Reuters) - Russian President Vladimir Putin said Russia is militarily ready for a Cuban Missile-style crisis if the United States wanted one and threatened to place hypersonic nuclear missiles on ships or submarines near U.S. territorial waters.
The Cuban Missile Crisis erupted in 1962 when Moscow responded to a U.S. missile deployment in Turkey by sending ballistic missiles to Cuba, sparking a standoff that brought the world to the brink of nuclear war.
More than five decades on, tensions are rising again over Russian fears that the United States might deploy intermediate-range nuclear missiles in Europe, as a landmark Cold ...
Tesla to buy battery tech maker Maxwell Technologies for $218 million
2019-02-04 17:12:26 UTC
(Reuters) - Tesla Inc has agreed to buy energy storage company Maxwell Technologies Inc for $218 million in an all-stock deal that could help the electric car maker produce batteries that hold more energy and last longer at a time when it needs to cut costs and faces growing competition.
Tesla is rapidly increasing production of its Model 3 sedan and needs to lower the price to reach a broader customer base than its pure luxury vehicles.
Maxwell executives told investors in January that it had developed and patented a “dry electrode” technology that could significantly increase the driving range and reduce the cost of electric vehicl...
Sanders to Ask Why Drug, Once Free, Now Costs $375k
2019-02-04 16:47:41 UTC
WASHINGTON (Reuters) - U.S. Senator Bernie Sanders sent a letter to Catalyst Pharmaceuticals on Monday asking it to justify its decision to charge $375,000 annually for a medication that for years has been available to patients for free.
The drug, Firdapse, is used to treat Lambert-Eaton Myasthenic Syndrome (LEMS), a rare neuromuscular disorder, according to the letter, made available to Reuters by the senator’s office. The disorder affects about one in 100,000 people in the United States.
The government is intensifying its scrutiny of the pharmaceutical industry and rising prescription drug prices, a top voter concern and a priority...
U.S. President: 'I Never Worked For Russia'
2019-01-14 22:43:31 UTC
WASHINGTON (Reuters) - U.S. President Donald Trump said on Monday he never worked for Russia, his first direct denial after a media report that the FBI in 2017 investigated whether he acted against U.S. interests.
Trump also disputed a Washington Post report that he had concealed details about his meetings with Russian President Vladimir Putin and confiscated his interpreter’s notes. Congressional Democrats raised the possibility of subpoenaing the translator.
The New York Times reported on Friday that the FBI opened the investigation after Trump’s firing of FBI Director James Comey raised concerns that the president posed a threat t...
Jimmy Carter: The US Is An “Oligarchy With Unlimited Political Bribery”
2019-01-08 00:53:49 UTC
<p>Former president Jimmy Carter said Tuesday on the nationally syndicated radio show the <a href="http://www.thomhartmann.com/">Thom Hartmann Program</a> that the United States is now an “oligarchy” in which “unlimited political bribery” has created “a complete subversion of our political system as a payoff to major contributors.” Both Democrats and Republicans, Carter said, “look upon this unlimited money as a great benefit to themselves.”</p><p>Carter was responding to a question from Hartmann about recent Supreme Court decisions on campaign financing like <em>Citizens United</em>.</p><p>T...
Golden Globes 2019: The Complete List Of Winners
2019-01-07 07:29:25 UTC
<p>BEVERLY HILLS, Calif. (AP) — Complete list of winners at the 76th annual Golden Globe Awards, presented Sunday in Beverly Hills, California, by the Hollywood Foreign Press Association:</p><p>FILM</p><p>Drama: “Bohemian Rhapsody”</p><p>Actress, Drama: Glenn Close, “The Wife”</p><p>Actor, Drama: Rami Malek, “Bohemian Rhapsody”</p><p>Comedy or Musical: “Green Book”</p><p>Actor, Comedy or Musical: Christian Bale, “Vice”</p><p>Actress, Comedy or Musical: Olivia Colman, “The Favourite”</p><p>Actress-Supporting Role: Regina King, “If Beale Street Could Talk&rdq...
Golden Globe Awards 2019: Expectations High For Lady Gaga
2019-01-07 01:42:51 UTC
LOS ANGELES (Reuters) - Amy Adams, Glenn Close and “Crazy Rich Asians” star Michelle Yeoh walked the Golden Globes red carpet on Sunday ahead of the annual Hollywood awards show, where pop singer Lady Gaga looks set to make a splash with her first movie role in “A Star is Born.”
Veteran comedian Carol Burnett, “Boy Erased” nominee Lucas Hedges, and “Jane the Virgin” actress Gina Rodriguez were also among early arrivals for the ceremony in Beverly Hills that kicks off the annual countdown to the Oscars in February.
Gaga, fresh off an acclaimed series of new concerts in Las Vegas, is the front-runner for a best drama actress Golden Glo...
US Utility Company PG&E Explores Filing for Bankruptcy
2019-01-06 03:42:30 UTC
(Reuters) - California utility company PG&E Corp (PCG.N) is exploring filing some or all of its business for bankruptcy protection as it faces billions of dollars in liabilities related to fatal wildfires in 2018 and 2017, people familiar with the matter said on Friday.
The company is considering the move as a contingency, in part because it could soon take a significant financial charge for the fourth quarter of 2018 related to liabilities from the blazes, the sources said.
A bankruptcy filing is not certain, the sources said. The company could receive financial help through legislation that would let it pass on to customers costs a...
Pelosi Plans New Legislation to Reopen Parts of US Government
2019-01-06 03:12:02 UTC
WASHINGTON (Reuters) - U.S. House Speaker Nancy Pelosi said Democrats would pass new legislation to try to reopen parts of the government next week after talks between the Trump administration and Democratic negotiators on Saturday failed to end a two-week partial government shutdown.
President Donald Trump is demanding $5.6 billion to build a wall along the U.S. border with Mexico but Democrats in control of the House of Representatives this week passed a bill to reopen the government without providing additional funding for the wall.
Trump says he will not sign the bill until he gets the money for the wall.
After a meeting aimed...
GM To Cut 14,700 Jobs In Ohio, Michigan, Maryland And Ontario
2018-11-26 18:36:11 UTC
DETROIT/WASHINGTON (Reuters) - General Motors will cut production of slow-selling models and slash its North American workforce in the face of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles.
The announcement is the biggest North America restructuring for the U.S. No. 1 carmaker since its bankruptcy a decade ago. Its shares rose 7.6 percent to $38.66.
GM plans to halt production next year at three assembly plants: Lordstown, Ohio; Hamtramck, Michigan; and Oshawa, Ontario. It will also stop building several models now assembled at those plants, including the Chevrolet...