Discussing President Obama's decision to attend a fundraiser on the same day of the Malaysia Airlines tragedy in Ukraine, and the events in Israel today, with former Sen. Kay Bailey Hutchison (R-Texas); former Gov. Jim Gilmore (R-Va.); and former Gov. Ed Rendell (D-Pa.).» Read More
WASHINGTON/ NEW YORK, July 29- The long-anticipated merger of Sprint Corp and T-Mobile US Inc is not expected to occur before September, with the companies continuing due diligence and preparing a detailed case for a deal before U.S. regulators, according to people familiar with the matter.
WASHINGTON— JPMorgan Chase will pay $650,000 to settle charges from federal regulators of filing inaccurate reports on the trading positions of some of its large customers.
The industry said in court that the rules go beyond what Congress intended and violate First Amendment rights to freedom of speech by forcing meat producers to provide information about their products without "directly advancing a government interest."
WASHINGTON— This much is clear: The Federal Reserve will make another cut this week in its monthly bond purchases, which have been aimed at keeping long-term loan rates low. This much is not: When will the Fed start tightening its interest-rate policy to thwart any runaway inflation?
LONDON, July 29- Somewhere in an office at the Bureau of Industry and Security in Washington, D.C., a mid-ranking government official is sitting down with a stack of dictionaries.
HOUSTON/ LONDON, July 29- U.S. authorities were set on Tuesday to seize a cargo of crude worth more than $100 million from Iraqi Kurdistan anchored off the Texas coast after a judge approved a request from Baghdad, raising the stakes in an oil sales dispute between Iraq's central government and the autonomous region.
*Gaza's only power station knocked out. GAZA/ JERUSALEM, July 29- Israel knocked out Gaza's only power plant, flattened the home of its Islamist Hamas political leader and pounded dozens of other high-profile targets in the enclave on Tuesday, with no end in sight to more than three weeks of conflict.
WASHINGTON— U.S. consumers are more confident about the economy than they have been in nearly seven years. "Americans felt a heck of a lot more confident in July," said Jennifer Lee, senior economist at BMO Capital Markets.
WASHINGTON— House Republicans unveiled a slimmed-down bill Tuesday to address the immigration crisis on the U.S.- Mexico border by sending in National Guard troops and speeding migrant youths back home.
*Russia accused by West of arming rebels in Ukraine. MOSCOW, July 29- Vladimir Putin risks becoming an international pariah over the Ukraine crisis but the Russian president is battening down the hatches for the gathering economic and political storm.
WASHINGTON— U.S. home prices rose in May from a year earlier at the weakest pace in 15 months as sales remain modest in the spring buying season. That's down from 10.8 percent in the previous month and the smallest annual gain since February 2013. They accelerated in Charlotte, North Carolina, and were flat in Tampa, Florida.
BEIJING, July 29- A Chinese regulator said on Tuesday it is conducting an anti-monopoly investigation into Microsoft Corp over its Windows operating system, in the latest in a growing number of competition probes that have unnerved Western firms in China.
WASHINGTON— The private Conference Board reports on consumer confidence for July. The report will be issued at 10 a.m. EDT Tuesday. Consumers in June registered the most favorable assessment of current business conditions since March 2008 and their outlook for the next months rose to highest level since August 2013.
DONETSK, Ukraine, July 29- On the last day of May, a surface-to-air rocket was signed out of a military base near Moscow where it had been stored for more than 20 years. Reuters was unable to verify its authenticity with the Russian military, and Moscow has consistently denied arming the separatists in eastern Ukraine.
China's State Administration for Industry& Commerce was investigating a Microsoft vice president and senior managers, and has made copies of the firm's financial statements and contracts, the SAIC said on its website.
BRUSSELS— The United States and the European Union, finally in synch on how to deal with Russian President Vladimir Putin, are preparing a powerful one-two punch against Russia's economy, with EU ambassadors meeting on Tuesday to discuss a dramatic escalation in the trade bloc's sanctions.
WASHINGTON— Familiar with the Export-Import Bank? In all likelihood, most voters in Louisiana and Virginia aren't either. Even some lawmakers say they never heard of the Export-Import Bank before becoming members of Congress.
Systemic errors led to a 2012 train derailment in New Jersey that released a dangerous gas into the air, sickening residents and emergency responders, the National Transportation Safety Board said Tuesday in a scathing report. NTSB member Robert Sumwalt said in the meeting in Washington that he often describes emergency responses as "organized chaos."
WASHINGTON— The Senate is set to take up legislation to keep federal highway money flowing to states, with just three days left before the government plans to start slowing down payments. Under a schedule outlined by Majority Leader Harry Reid, D- Nev., the Senate would take up that bill Tuesday afternoon.
GAZA/ JERUSALEM, July 29- Israel's military pounded targets in the Gaza Strip on Tuesday after Prime Minister Benjamin Netanyahu said his country should prepare for a long conflict in the Palestinian enclave, squashing any hopes of a swift end to 22 days of fighting. Gaza residents reported heavy Israeli bombing in Gaza City.