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Updated: 8 hours 7 min ago

Brexit bedlam: May's EU divorce deal crushed by 230 votes in parliament

Tue, 01/15/2019 - 6:17pm
British lawmakers defeated Prime Minister Theresa May's Brexit divorce deal by a crushing margin on Tuesday, triggering political chaos that could lead to a disorderly exit from the EU or even to a reversal of the 2016 decision to leave.

Factbox: How will the confidence vote in UK PM May's government work?

Tue, 01/15/2019 - 6:17pm
British lawmakers will on Wednesday vote on whether they have confidence in the government, after Prime Minister Theresa May's Brexit deal suffered a heavy defeat in parliament.

Defying Trump, U.S. Senate advances measure critical of easing Russia sanctions

Tue, 01/15/2019 - 6:07pm
The Republican-led U.S. Senate voted on Tuesday to advance a resolution disapproving of a Trump administration plan to ease sanctions on Russian companies tied to Russian oligarch Oleg Deripaska, clearing the way for debate and a vote on the plan.

Trump's pick for U.S. attorney general says he will not 'be bullied' by anybody

Tue, 01/15/2019 - 5:58pm
President Donald Trump's nominee for U.S. attorney general, William Barr, told lawmakers on Tuesday he would protect a federal probe into Russian election meddling from political pressure, stressing he would bring independence to the job and not shy away from breaking ranks with the administration.

Manafort claimed to be placing people in Trump administration: filing

Tue, 01/15/2019 - 5:51pm
Paul Manafort, the convicted former chairman of Donald Trump's presidential campaign, told a business associate in January 2017 he was using middlemen to get people appointed to the Trump administration, according to a court filing on Tuesday.

U.S. Sen. Gillibrand announces White House bid: 'The Late Show With Stephen Colbert'

Tue, 01/15/2019 - 5:46pm
U.S. Senator Kirsten Gillibrand told CBS' "The Late Show With Stephen Colbert" that she would file paperwork on Tuesday night to explore a run for the Democratic presidential nomination in the 2020 election.

Netflix raises prices for U.S. subscribers

Tue, 01/15/2019 - 5:27pm
Netflix Inc is raising monthly fees for its U.S. subscribers by between 13 percent and 18 percent, the video streaming pioneer's first price increase since 2017 as it spends heavily on original content and international expansion.

As loans and revenue shrink, Wells Fargo leans on cost cuts

Tue, 01/15/2019 - 5:24pm
Wells Fargo & Co's loan book shrank and revenue fell across all its major businesses last quarter, as the fourth-largest U.S. lender continued to work through the consequences of wayward sales practices at its consumer bank.

JPMorgan misses fourth-quarter profit estimates as bond trading slumps

Tue, 01/15/2019 - 5:22pm
JPMorgan Chase & Co missed profit estimates for the fourth quarter as a slump in bond trading revenue overpowered strong consumer loan growth and record revenues.

Half of Americans fault Trump for shutdown, despite his blaming Democrats: poll

Tue, 01/15/2019 - 5:21pm
More than half of Americans blame U.S. President Donald Trump for the partial federal government shutdown, despite his repeatedly faulting Democratic lawmakers, according to a Reuters/Ipsos poll released on Tuesday.

U.S. attorney general nominee open to reconsidering healthcare position

Tue, 01/15/2019 - 5:18pm
President Donald Trump's pick to be the next U.S. Attorney General, William Barr, told a Senate panel on Tuesday he is willing to reconsider the Justice Department's current position of not defending the country's healthcare law, commonly called Obamacare, in court.

Schumer: Treasury proposal to relax sanctions on Russian firms is a sham

Tue, 01/15/2019 - 5:05pm
The U.S. Senate's most powerful Democrat on Tuesday said the Trump administration's proposal to relax sanctions on companies tied to Russian oligarch Oleg Deripaska is a sham and that the Republican majority should at least debate a resolution of disapproval.

U.S. Senate advances measure to block Trump administration from easing Russia sanctions

Tue, 01/15/2019 - 5:05pm
The U.S. Senate voted on Tuesday to move ahead with a resolution disapproving of a Trump administration plan to ease sanctions on Russian aluminum giant Rusal , its parent En+ and power firm EuroSibEnergo.

Asylum seekers should wait outside U.S., AG nominee tells Senate panel

Tue, 01/15/2019 - 5:04pm
President Donald Trump's attorney general nominee William Barr signaled Tuesday he is likely to align with the administration's push to make it harder for people to seek asylum, telling a Senate panel he supports the idea of making people wait outside U.S. borders while their asylum claims are processed.

Stocks tripped by earnings angst, sterling huddled for Brexit vote

Tue, 01/15/2019 - 7:21am
Spluttering noises from Germany and an earnings miss from banking giant JP Morgan dragged back stocks on Tuesday, while Britain's pound hovered near a two-month high ahead of a crucial parliamentary vote on Brexit.

Trump's attorney general pick to face questions on criticism of Mueller probe

Tue, 01/15/2019 - 7:01am
President Donald Trump's nominee for U.S. attorney general, William Barr, will likely have to explain his past criticism of Special Counsel Robert Mueller's probe of Russian election meddling at his Senate confirmation hearing starting on Tuesday.

German court throws out Qualcomm's latest patent case against Apple

Tue, 01/15/2019 - 7:00am
A patent lawsuit filed by Qualcomm Inc against Apple Inc was thrown out by a German court on Tuesday, in a reversal for the U.S. chipmaker after it won a recent court ban on the sale of some iPhones in the country.

JPMorgan misses profit estimates as bond trading slumps

Tue, 01/15/2019 - 6:54am
JPMorgan Chase & Co reported a lower-than-expected quarterly profit as a slump in bond trading outweighed gains from higher interest rates and loan growth.

China condemns Trudeau's remarks about Canadian's death sentence

Tue, 01/15/2019 - 6:52am
China denounced Canada on Tuesday for "irresponsible" remarks after Canadian Prime Minister Justin Trudeau accused it of "arbitrarily" sentencing a Canadian to death for drug smuggling, aggravating already icy relations.

Britain's May faces defeat in parliament over Brexit plan

Tue, 01/15/2019 - 6:30am
Prime Minister Theresa May faced the prospect of defeat in a historic vote on her Brexit deal in parliament on Tuesday, potentially leaving Britain in limbo about the biggest political and economic change for the country in decades.

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