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John McCain

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  • WASHINGTON/ NEW YORK, Nov 20- Goldman Sachs Group Inc on Thursday took the lead in rejecting allegations by a U.S. Senate subcommittee that Wall Street banks were exploiting physical commodity markets to manipulate prices and gain unfair trading advantages. In an often heated hearing before the Senate's Permanent Subcommittee on Investigations, Senator...

  • WASHINGTON, Nov 20- Goldman Sachs Group Inc on Thursday took the lead in rejecting allegations by a powerful U.S. Senate subcommittee that Wall Street banks were exploiting physical commodity markets to manipulate prices and gain unfair trading advantages. The public airing of concerns about banks' ownership of physical commodities and assets from...

  • WASHINGTON, Nov 20- Goldman Sachs Group Inc on Thursday rebutted allegations made by a powerful U.S. Senate committee report that condemned Wall Street banks for exploiting physical commodity markets to manipulate prices and gain unfair trading advantages. JPMorgan Chase& Co and Morgan Stanley, which will also address the panel, have both made major moves to...

  • Grand Canyon offers incentive for quieter aircraft Monday, 17 Nov 2014 | 2:42 PM ET

    FLAGSTAFF, Ariz.— Air tour operators at the Grand Canyon would be able to take more visitors over the most popular flight routes under a proposed incentive to make aircraft quieter. "They can kind of manage within their own fleet how they want to do it, but it would give companies credit for truly quieter technology," said Robin Martin, chief of planning and compliance...

  • WASHINGTON, Nov 13- An influential group of U.S. lawmakers, including John McCain, in line to become the head of the Senate's powerful Armed Services Committee, on Thursday pledged to thwart the Pentagon's plans to retire the U.S. fleet of A-10 "Warthog" aircraft. The Pentagon, facing mandatory "sequestration" budget cuts, has sought to eliminate all of the...

  • WASHINGTON, Oct 6- Former Treasury Secretary Henry "Hank" Paulson told a packed courtroom on Monday that AIG shareholders were singled out for punishment as part of the U.S. government's attempt to contain the contagion of the 2008 financial crisis. "AIG, either fairly or unfairly,... became a symbol for all that is bad on Wall Street," Paulson said as he testified about...

  • Weapons makers like Lockheed Martin, Northrop Grumman, Boeing and Raytheon anticipate new markets for their goods. Russian aggression in Ukraine is reviving long-dormant European demand, while the emerging militant Islamist threat in Iraq and Syria has underpinned already strong Middle Eastern demand.

  • NEW YORK, Aug 20- As the first U.S. oil condensate exports head to Asia from the Gulf Coast, crude producers and refiners are exploring ways to get around a century-old law that makes it three times more expensive to ship by water between U.S. ports than to sail to a foreign port.

  • Private prison companies Geo Group and competitor Corrections Corporation of America, for example, stand to gain if Congress approves any emergency funding for family detention facilities.

  • NEW YORK, July 29- A bipartisan group of U.S. lawmakers warned on Tuesday that restricting Mexican sugar imports would inflate food prices and threaten U.S. food manufacturers, the latest sign that pressure is growing on Washington to avoid trade barriers.

  • Republican lawmakers introduced legislation on Wednesday that would force President Barack Obama to submit quickly to Congress any comprehensive nuclear agreement with Iran and give lawmakers the chance to reject the deal and reimpose sanctions.

  • Department of Justice official on Wednesday issued a thinly veiled threat to Bank of America Corp, saying that banks under investigation for shoddy mortgage securities they sold before the financial crisis must admit to misconduct and pay substantial penalties or face lawsuits from the agency.

  • NEW DELHI, July 3- Newly elected Indian Prime Minister Narendra Modi pushed for improving U.S. ties during a meeting with Senator John McCain in New Delhi on Thursday, as the two countries seek to patch up their differences and boost their economic relationship.

  • NEW DELHI, June 29- Western governments are rushing to visit India's new Prime Minister Narendra Modi, drawn by the prospect of multi-billion-dollar deals as the government prepares to open the nascent defence industry to foreign investment.

  • NEW DELHI, June 29- Western governments are rushing to visit India's new Prime Minister Narendra Modi, drawn by the prospect of multi-billion-dollar deals as the government prepares to open the nascent defense industry to foreign investment.

  • NEW DELHI, June 29- Western governments are rushing to visit India's new Prime Minister Narendra Modi, drawn by the prospect of multi-billion-dollar deals as the government prepares to open the nascent defence industry to foreign investment.

  • WASHINGTON, June 17- The pricing model used by U.S. stock exchanges to attract liquidity came under fire on Tuesday, as several Wall Street executives called for ending the practice and two U.S. senators raised concerns about the potential conflicts it creates.

  • McCain, a key member of the Senate Armed Services Committee, said he had long been troubled by the Pentagon's payment of 85- percent or higher award fees to Lockheed on the F-35 program despite cost increases and schedule delays, adding the background to those decisions was "disturbing.

  • John McCain: Crimea referendum is a facade     Sunday, 16 Mar 2014 | 6:30 PM ET

    Calling Sunday's referendum a 'facade and a joke', U.S. Senator John McCain says the next long term goal for the U.S. is to help Ukraine regain Crimea. CNBC's Steve Sedgwick reports.

  • Big or small, spending-cut efforts hit roadblocks Monday, 3 Mar 2014 | 6:44 AM ET

    Americans and their elected officials continue to resist cuts to almost any specific program, big or small.