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Updated: 8 hours 45 min ago

'Grifters, weaklings, felons': Christie on the Trump White House

Wed, 01/16/2019 - 7:02pm
Former New Jersey Governor Chris Christie sees the Trump White House as a rogues' gallery of flawed people sidetracking the work of the U.S. president, according to excerpts of his forthcoming memoir posted on the news site Axios on Wednesday.

USDA recalls workers to help with farm loans, taxes; data uncertain

Wed, 01/16/2019 - 6:41pm
The U.S. Department of Agriculture will reopen about 980 Farm Service Agency (FSA) offices for three days starting on Thursday to help process farm loans and tax documents during the partial federal government shutdown.

John Bogle, Vanguard founder and low-cost investing pioneer, dies at 89

Wed, 01/16/2019 - 6:40pm
John Bogle, whose family's struggles during the Great Depression led him to pioneer low-cost investing and to found Vanguard Group, now the world's biggest mutual fund firm, died on Wednesday at the age of 89, Vanguard said.

U.S. shutdown taking toll on FDA, USDA inspection roles: experts

Wed, 01/16/2019 - 6:39pm
The partial government shutdown is taking a toll on key safety inspection duties performed by the U.S. Food and Drug Administration and Department of Agriculture, food safety experts said on Wednesday.

As shutdown lingers, Pelosi pushes Trump to delay State of Union speech

Wed, 01/16/2019 - 6:38pm
With the partial U.S. government shutdown now in its 26th day, House Speaker Nancy Pelosi on Wednesday urged President Donald Trump to reschedule his State of the Union address - a move that could deny him the opportunity to use the pageantry of the speech to attack Democrats in their own chamber over the impasse.

Asia shares edge up, pound gets moment's peace

Wed, 01/16/2019 - 6:37pm
Asian shares crept higher on Thursday as upbeat bank earnings bolstered Wall Street, while an anti-climactic end to the latest chapter in the Brexit saga gave sterling a moment's peace.

Los Angeles teachers' union head aims to resume talks 'soon' as strike stretches to third day

Wed, 01/16/2019 - 6:30pm
The head of the Los Angeles teachers' union voiced optimism on Wednesday about jump-starting stalled labor talks, as a teachers strike disrupting classes for nearly 500,000 students in the second-largest U.S. public school system stretched into its third day.

U.S. watchdog faults handling of government lease for Trump D.C. hotel

Wed, 01/16/2019 - 5:16pm
An internal U.S. government watchdog on Wednesday found "serious shortcomings" in federal officials' handling of a lease by President Donald Trump's company of a historic government building in Washington now home to a Trump International Hotel.

Blast claimed by Islamic State kills U.S. troops in Syria

Wed, 01/16/2019 - 5:12pm
A bomb attack claimed by Islamic State killed two U.S. troops and two civilians working for the U.S. military in northern Syria on Wednesday, weeks after President Donald Trump said the group had been defeated there and that he would pull out all American forces.

Trump 'inclined' to impose new U.S. auto tariffs: senator

Wed, 01/16/2019 - 4:49pm
U.S. President Donald Trump is likely to move ahead with tariffs on imported vehicles, a move that could prompt the European Union to agree a new trade deal, said Senate Finance Committee Chairman Charles Grassley on Wednesday.

Turkish prosecutor seeks extradition of NBA's Kanter over Gulen links: Anadolu

Wed, 01/16/2019 - 4:40pm
Turkish prosecutors are seeking the extradition of New York Knicks center Enes Kanter over his links to the U.S.-based cleric accused of orchestrating a failed coup in 2016, state-owned Anadolu news agency said.

UK PM May seeks to end Brexit stalemate after winning confidence vote

Wed, 01/16/2019 - 4:37pm
Prime Minister Theresa May won a confidence vote in the British parliament on Wednesday and then appealed to lawmakers from across the political divide to come together to try to break the impasse on a Brexit divorce agreement.

U.S. lawmakers introduce bipartisan bills targeting China's Huawei and ZTE

Wed, 01/16/2019 - 4:33pm
A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd [HWT.UL], ZTE Corp or other Chinese telecommunications companies that violate U.S. sanctions or export control laws.

Upbeat bank earnings send Wall Street to one-month highs

Wed, 01/16/2019 - 4:20pm
Wall Street's major indexes hit one-month highs on Wednesday as strong earnings from Bank of America Corp and Goldman Sachs Group Inc boosted investor sentiment.

British PM May says door open to Labour to join Brexit talks

Wed, 01/16/2019 - 4:17pm
British Prime Minister Theresa May said on Wednesday the opposition Labour Party had yet to discuss a new approach to Brexit with her and urged politicians to put self-interest aside to work to break an impasse over leaving the European Union.

Kenyan forces kill hotel assailants who took 14 lives

Wed, 01/16/2019 - 7:18am
Kenyan security forces have killed the militants who stormed an upscale Nairobi hotel compound, taking at least 14 lives and forcing hundreds of others to make terrifying escapes, the government said on Wednesday.

Search on for Brexit consensus after May's crushing defeat

Wed, 01/16/2019 - 7:16am
Prime Minister Theresa May on Wednesday will try to forge consensus in parliament on a Brexit divorce agreement after the crushing defeat of her own deal left Britain's exit from the European Union in disarray 10 weeks before it is due to leave.

Goldman Sachs reports higher trading revenue, shares jump

Wed, 01/16/2019 - 7:04am
Goldman Sachs topped analysts' revenue estimates on Wednesday as stronger equities trading revenue cushioned bond trading losses, making it the only Wall Street bank so far to show growth in fourth-quarter trading revenue.

Sears chairman prevails in bankruptcy auction for retailer with $5.2 billion bid: sources

Wed, 01/16/2019 - 7:02am
Sears Holdings Corp Chairman Eddie Lampert prevailed in a bankruptcy auction for the U.S. department store chain with an improved takeover bid of roughly $5.2 billion, allowing the 126-year-old retailer to keep its doors open, people familiar with the matter said Wednesday.

BlackRock profit misses as market turmoil hits bottom line

Wed, 01/16/2019 - 6:54am
BlackRock Inc , the world's largest asset manager, reported lower-than-expected quarterly profits on Wednesday, as price cuts and market turmoil overshadowed strong sales of relatively low-cost funds.