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Reuters: Top News
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Reuters: Top News
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Asia stocks wobble as trade fears overshadow Huawei reprieve
Asian stocks were on shaky ground on Wednesday, as earlier relief over Washington's temporary relaxation of curbs against China's Huawei Technologies failed to offset deeper worries about trade frictions between the world's two largest economies.
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UPDATE 1-China ready for further U.S. trade talks, ambassador says
Chinese Ambassador to the United States Cui Tiankai said on Tuesday that Beijing was ready to resume trade talks with Washington, but blamed the U.S. side for frequently "changing its mind" on tentative deals to end U.S.-China trade disputes.
2 h
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Congress presses Trump administration for Mueller's counterintelligence files
U.S. lawmakers are pressuring the Justice Department for access to counterintelligence reports generated by Special Counsel Robert Mueller during his investigation of President Donald Trump and his associates, two congressional sources said on Tuesday.
3 h
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Ocasio-Cortez says it is time to open impeachment inquiry against Trump
U.S. Democratic Representative Alexandra Ocasio-Cortez said on Tuesday it is time for Democratic leaders to allow an impeachment process to start against President Donald Trump, saying the administration's obstruction of lawmakers' oversight efforts gives them no choice.
3 h
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UPDATE 2-Huawei accuses U.S. of bullying, says working with Google to respond to ban
Chinese telecoms equipment maker Huawei called itself the victim of U.S. "bullying" on Tuesday and said it was working with Google to respond to trade restrictions imposed by Washington last week, a senior Huawei executive said.
4 h
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U.S. House Democrats subpoena more Trump ex-aides, including Hicks
A U.S. House committee chairman on Tuesday subpoenaed two more former White House aides, including Hope Hicks, just hours after former White House Counsel Donald McGahn was a no-show for testimony before the panel at President Donald Trump's request.
5 h
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Wall Street rises on Huawei reprieve
Shares of technology companies helped lift Wall Street Tuesday after the United States temporarily eased curbs on China's Huawei Technologies, alleviating investor concerns about pressure on future corporate results in the sector. Fred Katayama reports.
5 h
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U.S. states, cities sue to block Trump 'conscience' rule for healthcare workers
A coalition of 23 U.S. states and municipalities sued the Trump administration on Tuesday to stop it from enforcing a rule that would make it easier for doctors and nurses to avoid performing abortions on religious or moral grounds.
5 h
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U.S. House Democrats subpoena more Trump ex-aides after latest rebuff
A congressional committee chairman issued subpoenas to two more former White House aides hours after being spurned by White House Counsel Donald McGahn at a hearing on Tuesday, while Democratic lawmakers negotiated for testimony by Special Counsel Robert Mueller and debated impeaching President Donald Trump.
5 h
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U.S. House lawmaker subpoenas Hope Hicks and an ex-staffer to Don McGahn
The chairman of the U.S. House of Representatives Judiciary Committee, Jerrold Nadler, on Tuesday announced he has issued subpoenas to former White House Communications Director Hope Hicks and Annie Donaldson, the former chief of staff to then-White House counsel Donald McGahn.
5 h
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California sues Trump administration over withholding high-speed rail funds
California on Tuesday sued the Trump administration in U.S. District Court after the U.S. Transportation Department confirmed it would withhold $929 million in high-speed rail funding awarded to the state in 2010.
6 h
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Airbus prepares counter-punch to new Boeing mid-sized jet
Airbus hinted on Tuesday at a price battle and imminent aircraft revamp to counter a possible new Boeing mid-sized jet, promising a "left hook, right hook" from two of its established models.
6 h
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Britain's May tries to break Brexit deadlock with offer of 'new deal'
Prime Minister Theresa May set out a "new deal" on Tuesday for Britain's departure from the European Union, offering sweeteners to parliament including the chance to vote on whether to hold a second referendum to try to break the impasse over Brexit.
6 h
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Trump administration considers tapping U.S. TSA funds for border: source
The U.S. Department of Homeland Security is considering tapping more than $230 million from the Transportation Security Administration to fund operations on the U.S.-Mexico border if Congress fails to approve additional funding, a person briefed on the matter said.
7 h
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U.S. states cheer April income tax deluge but analysts urge caution
April, typically a big revenue month for U.S. states that levy personal income taxes, was especially robust this year, making up for subpar collections in prior months, but analysts cautioned the tax surge underscores how state budgets face greater volatility from federal tax law changes and the stock market.
7 h
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Hundreds rally at U.S. Supreme Court, calling state abortion bans as step backward
Abortion-rights campaigners, including Democrats seeking their party's 2020 presidential nomination, rallied at the U.S. Supreme Court on Tuesday to protest new restrictions on abortion passed by Republican-dominated legislatures in eight states.
7 h
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Former Tesla bull makes $10 worst case call on China worries
One of Tesla's former biggest supporters on Wall Street said on Tuesday the electric carmaker's shares could fall to $10 from nearly $200 now, if tensions with China escalate and sap demand for its cars.
8 h
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UK business group condemns Labour nationalization plans, Brexit delay
Plans by Britain's opposition Labour Party to nationalize utilities including the country's electricity grid will damage investment as well as hurting many small shareholders, one of the country's main business groups warned on Tuesday.
8 h
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Shortage of cheaper houses stifles U.S. homes sales
U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was slowing after a temporary boost from exports and an inventory overhang in the first quarter.
8 h
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British PM's new Brexit deal appears acceptable to Ireland: Varadkar
British Prime Minister Theresa May's "new deal" aimed at delivering Brexit would appear to be acceptable to Ireland, a key party in the negotiations, Irish Prime Minister Leo Varadkar said on Tuesday.
8 h
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New UK PM may be needed to deliver Brexit: Northern Irish DUP's Dodds
The deputy leader of the Northern Irish party propping up British Prime Minister Theresa May's government said on Tuesday he thought Brexit would be delivered, but that it might require a new prime minister to do so.
8 h
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Tech stocks pull Wall Street higher as U.S. eases Huawei restrictions
Technology stocks fueled a rebound on Wall Street on Tuesday after the United States temporarily eased curbs on China's Huawei Technologies, raising expectations that the two countries would work toward a trade deal.
8 h
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UK opposition Labour Party will not back PM May's Brexit deal
Britain's main opposition Labour Party said it will not support Prime Minister Theresa's May latest attempt to secure Brexit after she offered sweeteners in her fourth attempt to break the parliamentary impasse and pass her negotiated deal with the EU.
8 h
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UK lawmakers can determine type of Brexit by amending law: minister
Lawmakers will be able to determine the shape of Britain's exit from the European Union by amending the government's Brexit legislation in parliament, trade minister Liam Fox will say on Tuesday.
8 h
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North Korea steps up campaign for U.S. to return seized ship
North Korea stepped up its campaign on Tuesday for the United States to return a seized cargo ship belonging to Pyongyang, warning Washington that it had violated its sovereignty in a move that could affect "future developments" between the countries.
8 h
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UPDATE 2-McDonald's faces 25 new sexual harassment complaints from workers
McDonald's Corp was accused on Tuesday in 25 new lawsuits and regulatory charges of condoning sexual harassment in the workplace and retaliating against employees who speak up.
9 h
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UK government wants to settle second Brexit vote, customs issues quickly: spokesman
British Prime Minister Theresa May's government wants to resolve swiftly the issues of whether to hold a second Brexit referendum and what type of post-Brexit customs relationship to have, May's political spokesman said on Tuesday .
9 h
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"Fatal flaws" remain in British PM's new Brexit deal: DUP
The "fatal flaws" of the draft Brexit treaty agreed with the European Union remain despite British Prime Minister Theresa May seeking to set out a new deal on Tuesday, the Northern Irish party propping up her government said.
9 h
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As ex-White House counsel defies subpoena, U.S. House Democrats weigh response
Former White House Counsel Don McGahn ignored a subpoena to testify on Tuesday to a U.S. House of Representatives committee, fuelling talk among Democratic lawmakers of possible legal action against him and potential impeachment of President Donald Trump.
9 h
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Potential for Iran attacks 'put on hold,' threats remain: acting Pentagon chief
Acting U.S. Defense Secretary Patrick Shanahan said on Tuesday that while threats from Iran in the Middle East remained high, deterrence measures taken by the Pentagon had "put on hold" the potential for attacks on Americans.
9 h
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