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Updated: 1 hour 10 min ago

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. 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 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.