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Exclusive: U.S. senators ask White House to probe ZTE work in Venezuela

Wed, 11/28/2018 - 5:51pm
Two U.S. senators on Wednesday asked the Trump administration to investigate whether Chinese telecommunications company ZTE Corp violated U.S. sanctions by helping Venezuela set up a database that monitors the behavior of its citizens.

Pelosi takes big step toward reclaiming House speaker's job

Wed, 11/28/2018 - 5:25pm
Nancy Pelosi on Wednesday was nominated as expected by fellow Democrats to be speaker of the U.S. House of Representatives, but her level of support may fall short of what she needs for a sure win in January's election for the top job in the chamber.

Fed's Powell, in apparent dovish shift, says rates near neutral

Wed, 11/28/2018 - 5:19pm
U.S. Federal Reserve Chair Jerome Powell injected investors with a strong dose of optimism on Wednesday, saying that the central bank's policy rate is now "just below" estimates of a level that neither brakes nor boosts a healthy U.S. economy, comments that many investors read as signaling the Fed's three-year tightening cycle is drawing to a close.

Ailing Central American migrants in dire conditions dig in at U.S. border

Wed, 11/28/2018 - 5:06pm
Thousands of Central American migrants are digging in for the long haul at a filthy, overcrowded sports complex in sight of the United States, while a small number have opted to return home after clashes with border forces dimmed hopes of crossing.

Wall Street jumps as Powell hints interest rate hikes may taper off

Wed, 11/28/2018 - 5:02pm
Federal Reserve Chair Jerome Powell boosted U.S. stock markets on Wednesday when he said the policy rate is now "just below" estimates of a level that neither brakes nor boosts a healthy economy, comments that many took as signaling the Fed's three-year tightening cycle is drawing to a close.

UK's Labour to propose amendment aimed at avoiding no-deal Brexit

Wed, 11/28/2018 - 4:33pm
Britain's main opposition Labour Party set out its bid to block a "no deal" Brexit on Wednesday, saying it wanted to put the idea to a vote in parliament during a debate on the exit agreement Prime Minister Theresa May has negotiated.

Car market collapse outruns GM moves to keep up

Wed, 11/28/2018 - 4:27pm
General Motors Co's monumental announcement on Monday that it will close three car assembly plants in North America and slash its workforce will only partially close the gap between capacity and demand for the automaker's sedans, according to a Reuters analysis of industry production and capacity data.

Wall Street surges on hints of fewer rate hikes, dollar falls

Wed, 11/28/2018 - 4:22pm
Comments by Federal Reserve Chair Jerome Powell that benchmark U.S. interest rates were "just below" neutral sparked a sharp rally on Wall Street on Wednesday, easing investor worries about the pace of rate hikes by the U.S. central bank next year.

U.S. Cabinet members defend close Saudi ties, lawmakers unconvinced

Wed, 11/28/2018 - 4:16pm
Two senior U.S. Cabinet members urged senators on Wednesday not to downgrade ties with Saudi Arabia over the murder of journalist Jamal Khashoggi, but lawmakers from both parties said they could not turn a blind eye to reports that the country's de facto ruler was involved in last month's killing.

Trump told Mueller he had no prior knowledge of 2016 Trump Tower meeting: Giuliani

Wed, 11/28/2018 - 3:57pm
U.S. President Donald Trump told the special counsel investigating possible collusion between his campaign and Russia that he was not aware ahead of time of a meeting in June 2016 between campaign officials and Russians, Trump attorney Rudy Giuliani said on Wednesday.

Dell.com resets all customer passwords after cyber attack: statement

Wed, 11/28/2018 - 3:20pm
Dell Inc said on Wednesday that it reset passwords for all accounts on its Dell.com online electronics store on Nov. 14, five days after it discovered and stopped hackers who were attempting to steal customer data.

House moderate Democrats strike deal on rules with Pelosi

Wed, 11/28/2018 - 3:09pm
A group of moderates in the U.S. House of Representatives struck a deal on Wednesday to change procedural rules, boosting Democratic leader Nancy Pelosi's chances of regaining the speaker's gavel in January.

House Democrats nominate Pelosi to be next speaker

Wed, 11/28/2018 - 3:09pm
U.S. House of Representatives Democrats voted on Wednesday to nominate Nancy Pelosi to be the next speaker of the chamber. 

Argentine judge seeks help from Turkey, Yemen in Saudi crown prince case

Wed, 11/28/2018 - 2:47pm
An Argentine judge reviewing a Human Rights Watch complaint against Saudi Arabia's Crown Prince Mohammed bin Salman asked the foreign ministry on Wednesday to seek information from Turkey, Yemen and the International Criminal Court.

Putin defiant on Ukraine crisis despite Trump summit talks threat

Wed, 11/28/2018 - 2:22pm
President Vladimir Putin on Wednesday shrugged off a threat from U.S. President Donald Trump to cancel a meeting with him due to Moscow's seizure of three Ukrainian navy ships, and accused Ukraine's president of orchestrating the crisis.

U.S. third-quarter growth unrevised, headwinds increasing

Wed, 11/28/2018 - 2:21pm
The U.S. economy slowed in the third quarter as previously reported, but the pace was likely strong enough to keep growth on track to hit the Trump administration's 3 percent target this year, even as momentum appears to have moderated further early in the fourth quarter.

UK ramps up no-deal Brexit warnings as May faces battle in parliament

Wed, 11/28/2018 - 6:28am
Britain's government intensified its warnings about a no-deal Brexit on Wednesday, saying it would deliver a big blow to the economy while Prime Minister Theresa May's plan, opposed by many lawmakers, would minimize the hit.

Analysis shows Brexit deal is best for Britain: PM May

Wed, 11/28/2018 - 6:28am
Prime Minister Theresa May said on Wednesday her government's analysis of various Brexit scenarios showed that the deal she negotiated with Brussels was the best to deliver on a 2016 referendum and to protect the economy.

Stopping Brexit would leave Britain fractured: finance minister

Wed, 11/28/2018 - 6:26am
Stopping Britain's exit from the European Union would leave the country fractured even though this would be the best outcome for the economy, the finance minister Philip Hammond said.

Two U.S. pipelines rack up violations, threaten industry growth

Wed, 11/28/2018 - 6:20am
Energy Transfer LP and its Sunoco pipeline subsidiary have racked up more than 800 state and federal permit violations while racing to build two of the nation's largest natural gas pipelines, according to a Reuters analysis of government data and regulatory records.

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