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WASHINGTON -U.S. President Donald Trump on Tuesday will soften the blow of his auto tariffs through an executive order mixing credits with relief from other levies on parts and materials, after automakers pressed their case with the administration. The changes…
United Parcel Service on Tuesday said it would slash 20,000 jobs and shut 73 facilities as part of a planned reduction in deliveries for Amazon.com, and as U.S. President Donald Trump’s tariffs roil global trade. A UPS spokesman said the…
WASHINGTON -U.S. House Republicans are proposing $15 billion in new funding for air traffic control reform and a new $200 fee on electric cars as part of wide-range tax reform bill under consideration. The House Transportation and Infrastructure Committee on…
NEW YORK -Wall Street fluctuated between gains and losses on Tuesday while crude and gold prices slid as investors juggled corporate earnings, signs of progress in President Donald Trump’s multi-front tariff negotiations, and generally downbeat economic data. All three major…
NEW YORK – Oil prices fell about 2% to a two-week low on Tuesday on expectations OPEC+ will boost output even as U.S. President Donald Trump’s on-again off-again trade tariffs could reduce global economic growth and demand for the fuel….
LONDON -Danish consumers are boycotting Coca-Cola, Carlsberg CEO Jacob Aarup-Andersen said on Tuesday, noting that the brewer, which bottles the drink in Denmark, had seen Coca-Cola volumes decline while local rivals gain share. Carlsberg, which also sells Kronenbourg beer and…
ZHOVTI VODY, Ukraine – As Kyiv and Washington work on a deal that will give the U.S. a share of Ukraine’s mineral wealth, Ukrainians who live with seams of iron beneath their feet have a message for Donald Trump: don’t…
WASHINGTON-El Salvador is only detaining an El Salvadoran man mistakenly deported from Maryland because the country is receiving U.S. payments, U.S. Senator Chris Van Hollen said in a letter to the White House on Tuesday. Van Hollen, a Democrat from…
Democratic-led states on Tuesday filed a lawsuit alleging the Trump administration had effectively dismantled AmeriCorps by abruptly canceling grants and cutting 85% of the workforce of the federal agency for national service and volunteering. In a lawsuit filed in federal…
WASHINGTON -The U.S. Senate on Tuesday confirmed billionaire investment banker Warren Stephens to be ambassador to Britain, backing President Donald Trump’s nominee by 59 to 39. Stephens is chairman, president, and CEO of Stephens Inc., a privately owned financial services…
WASHINGTON -U.S. lawmakers have asked the State Department to brief them about Russia’s use of Chinese fighters in its war in Ukraine, saying in a letter to Secretary of State Marco Rubio on Wednesday that Moscow could only employ Chinese…
WASHINGTON – The United States on Wednesday imposed sanctions on entities it accused of being involved in the illicit trade of Iranian petroleum and petrochemicals ahead of a new round of U.S.-Iran negotiations on Saturday, as Washington seeks to ramp…
JERUSALEM/DAMASCUS -Israel said it carried out a strike in Syria against extremists who attacked members of the Druze community, following through on a promise to protect the minority group as sectarian violence spread near Damascus on Wednesday. It appeared to…
WASHINGTON – Some 131 Central Asian migrants who were in the U.S. illegally are being deported to Uzbekistan as part of a deal between the two countries, Fox News reported on Wednesday, citing comments from the Department of Homeland Security….
VATICAN CITY – When Cardinal Jorge Bergoglio was elected in 2013 as Pope Francis, he was a near total Vatican outsider. He had never been a Vatican official, instead spending decades in local ministry. And he came from Argentina, the…
PARIS – France will not think twice about reimposing United Nations sanctions on Iran if negotiations to reach a deal over its nuclear programme do not succeed, its foreign minister told the U.N. Security Council late on Monday. France, Britain…
ISLAMABAD – Pakistan’s defence minister said on Monday that a military incursion by neighbouring India was imminent in the aftermath of a deadly militant attack on tourists in Kashmir last week, as tensions rise between the two nuclear-armed nations. The…
Coca-Cola on Tuesday reported better-than-expected revenue and profit for the first quarter, as the beverage giant benefits from price hikes and strong demand for its sodas, juices and milk offering Fairlife. The Sprite and Fanta maker maintained its full-year organic…
Wall Street’s main indexes moved higher in volatile trading on Tuesday as a mixed bag of corporate earnings, soft economic data and fresh developments on the U.S.-China trade front kept investors on the sidelines. U.S. Treasury Secretary Scott Bessent predicted…
WASHINGTON -When the U.S. Supreme Court rules on President Donald Trump’s effort to remove two federal labor board members, Federal Reserve Chair Jerome Powell will be watching for clues about his own job security. The court fight over Trump’s firings…
OTTAWA -Canadian Prime Minister Mark Carney completed a comeback victory for the governing Liberals in Monday’s election, positioning himself for a global role as a champion of multilateralism against U.S. President Donald Trump’s more protectionist policies. The first person to…
SAN JOSE -Intel said on Tuesday several of its contract manufacturing customers planned to build test chips for the company’s forthcoming advanced manufacturing process that is currently still in development. The embattled chipmaker indicated it had received interest from customers…
RANKFURT/STOCKHOLM/DETROIT/LOS ANGELES -The fallout from U.S. President Donald Trump’s trade war reverberated further through the corporate world on Tuesday, as delivery giant UPS said it would cut 20,000 jobs to lower costs, while General Motors pulled its outlook and pushed…
WASHINGTON -U.S. President Donald Trump’s administration has so far withheld at least $436.87 billion of congressionally approved funding, the top Democrats on the U.S. Congress’ appropriation committees said on Tuesday. The frozen allotments span the federal government, according to the…
ALEPPO – Moussa Hajj Khalil is among many Syrians rebuilding their homes from the rubble of the historic and economically important city of Aleppo, as Syria’s new leaders struggle to kick-start large-scale reconstruction efforts. Aleppo, Syria’s second largest city and…
LONDON -A group of philanthropies including the Gates Foundation has set up a fund backed with nearly $500 million to help save the lives of newborn babies and mothers in sub-Saharan Africa, standing out against a bleak global health funding…
Canada’s ruling Liberals held on to power in elections on Monday, but fell short of the majority government Prime Minister Mark Carney wanted to help him negotiate over tariffs with U.S. President Donald Trump. Here are some reactions to the…
A coalition of more than two dozen labor unions, cities and nonprofits sued President Donald Trump’s administration, claiming that its broad federal workforce cuts were an illegal power grab. The complaint filed on Monday in San Francisco federal court said…
The United States on Tuesday imposed sanctions on a network based in Iran and China that it accused of procuring ballistic missile propellant ingredients on behalf of Iran’s Islamic Revolutionary Guard Corps as President Donald Trump’s administration seeks to increase…
WASHINGTON -The National Academy of Sciences has canceled a workshop on preventing human bird flu infections after being told to stop work on the event by the U.S. Centers for Disease Control and Prevention, according to an email sent to…