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Updated: 1 hour 20 min ago

Social media companies defend filtering practices before Congress

Tue, 07/17/2018 - 3:06pm
Facebook Inc , Alphabet Inc and Twitter Inc told a U.S. House panel on Tuesday that the social media companies are not discriminating against content for political reasons.

Jury convicts ex-N.Y. state senate leader of soliciting bribes

Tue, 07/17/2018 - 2:18pm
Former New York State Senate majority leader Dean Skelos was found guilty of soliciting bribes and other federal corruption charges by a jury on Tuesday, nearly a year after an appeals court threw out an earlier conviction.

Boeing lifts industry demand forecast as air show deals roll on

Tue, 07/17/2018 - 2:10pm
Boeing raised its rolling 20-year industry forecast for passenger and cargo aircraft on Tuesday, as a steady flow of deals on day two of the Farnborough Airshow underscored the industry's resilience to rising global trade tensions.

U.S. airline Republic Airways to buy 100 Embraer jets

Tue, 07/17/2018 - 2:10pm
U.S. regional airline Republic Airways signed a letter of intent to buy 100 E175 passenger jets made by Brazil's Embraer SA , the two companies said at the Farnborough Airshow on Tuesday.

General Atomics to provide drones to the Netherlands air force

Tue, 07/17/2018 - 2:01pm
General Atomics Aeronautical Systems Inc said on Tuesday it had been selected by the Dutch Ministry of Defence to provide unmanned aircraft to the Royal Netherlands Air Force.

Next Goldman CEO to take on old problems, new businesses

Tue, 07/17/2018 - 1:56pm
Goldman Sachs Group Inc named David Solomon as its next chief executive officer on Tuesday, ushering in a new era for the Wall Street bank as it expands into different businesses and revamps familiar ones.

Iran files suit in international court against U.S. over sanctions

Tue, 07/17/2018 - 1:48pm
Iran has filed a lawsuit against the United States alleging that Washington's decision in May to impose sanctions after pulling out of a nuclear deal violates a 1955 treaty between the two countries, the International Court of Justice said on Tuesday.

Obama says world should resist cynicism over rise of strongmen

Tue, 07/17/2018 - 1:41pm
Barack Obama said on Tuesday the world should resist cynicism over the rise of strongmen, in an apparent reference to populist leaders who hold power in a number of countries.

Israel warns Syrians away from frontier as Assad closes in

Tue, 07/17/2018 - 1:41pm
Dozens of Syrians approached the Israeli-occupied Golan Heights on Tuesday in an apparent attempt to seek help or sanctuary from a Russian-backed Syrian government offensive, before turning back after a warning from Israel's army.

Goldman Sachs pressed on strategy as new CEO confirmed

Tue, 07/17/2018 - 1:32pm
Goldman Sachs Group Inc was pressed for details on new businesses after an uneven second-quarter performance, a likely preview of challenges incoming Chief Executive David Solomon will face as he leads the Wall Street bank's overhaul.

U.S. court order 'buys time' for separated immigrant families: lawyers

Tue, 07/17/2018 - 1:29pm
Lawyers for immigrant families separated by the U.S. government at the border with Mexico said a federal judge's order barring rapid deportations until at least next Tuesday would give them breathing room as they struggled for access to clients.

U.S. hopes for return of 50 Korean War dead from North Korea within two weeks

Tue, 07/17/2018 - 1:28pm
The United States hopes North Korea will return the remains of about 50 American Korean War dead within two weeks, the first of thousands President Donald Trump says Pyongyang has promised to hand over, a senior U.S. defense official said on Tuesday.

Eurofighter buy would help Belgium secure role in future fighter: BAE

Tue, 07/17/2018 - 1:13pm
Belgium is being offered a possible role in future European combat jet developments if it picks the Eurofighter Typhoon over the U.S.-built F-35, in a fierce contest to rearm the country's air force, a senior official with Britain's BAE Systems said.

Britain's May wins parliament vote after bowing to Brexit pressure

Tue, 07/17/2018 - 4:37am
British Prime Minister Theresa May won a series of votes in parliament on Monday, keeping her over-arching strategy to leave the European Union just about on track after bowing to pressure from Brexit supporters in her party.

Lead Brexit campaign group faces police inquiry over its spending

Tue, 07/17/2018 - 4:37am
Britain's officially designated Brexit campaign group, Vote Leave, was fined 61,000 pounds ($81,000) on Tuesday for breaching spending rules in the 2016 referendum and referred to the police by the Electoral Commission.

World stocks ride out oil rout as focus turns to Fed

Tue, 07/17/2018 - 4:09am
World stocks recovered some ground on Tuesday as oil prices stabilised, while the dollar edged lower and most other markets were subdued before Federal Reserve Chair Jerome Powell testifies to the U.S. Congress.

Volcanic lava 'bomb' injures 23 people on tour boat in Hawaii

Tue, 07/17/2018 - 2:45am
A blob of hot volcanic lava struck an ocean tour boat just off the Big Island of Hawaii on Monday, injuring nearly two dozen people in the worst casualty incident to date from the ongoing eruption of the Kilauea Volcano.

Trump backs Putin on election meddling at summit, stirs fierce criticism

Tue, 07/17/2018 - 12:50am
Standing side by side with Vladimir Putin, U.S. President Donald Trump refused on Monday to blame the Russian leader for meddling in the 2016 U.S. election, casting doubt on the findings of his own intelligence agencies and sparking a storm of criticism at home.

Tesla shares fall after CEO Musk abuses British caver

Mon, 07/16/2018 - 11:28pm
Shares of Tesla Inc fell over 3.5 percent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cavers involved in the rescue of 12 Thai children last week.

U.S. lawmakers slam Trump as 'weak' in Russia summit; some push new sanctions

Mon, 07/16/2018 - 8:32pm
Leading U.S. lawmakers, including numerous Republicans, criticized President Donald Trump on Monday for failing to confront Russian President Vladimir Putin over Moscow's meddling in the 2016 U.S. election as the two heads of nuclear powers stood side-by-side at a joint news conference.