GO
Loading...

Washington DC

More

  • WASHINGTON, Dec 21- Last month's move by the U.S. commodities regulator to let Southwest Airlines Co keep its multibillion-dollar oil trades secret for 15 days offered the world's biggest low-cost carrier a break it has been seeking for three years. All other swap trades except Southwest's must be reported "as soon as technologically practicable."

  • US companies eager to embrace Cuba face hurdles Sunday, 21 Dec 2014 | 11:13 AM ET

    American businesses have begun imagining ways to capitalize on last week's announcement that the United States will restore diplomatic ties with Cuba and ease curbs on trade with one of the last surviving Communist regimes. Their more ambitious plans would require that Congress lift the U.S. embargo on most exports to Cuba. All that said, Cuba experts have a...

  • WRAPUP 1-Obama says Sony hack not an act of war Sunday, 21 Dec 2014 | 10:52 AM ET

    President Barack Obama moved to prevent U.S. anger at North Korea from spiraling out of control on Sunday by saying the massive hacking of Sony Pictures was not an act of war but instead was cyber-vandalism. Washington's long-standing dispute with North Korea, which for years has centered on its nuclear weapons program, has entered new territory with the...

  • Inslee criticized for ignoring school levy equity Sunday, 21 Dec 2014 | 10:31 AM ET

    SEATTLE— When the Washington Supreme Court told the Legislature it needed to fix the way the state pays for public schools, it also ordered lawmakers to stop relying so much on local levy dollars to pay for basic education. Levy reform has been a topic of discussion at every legislative session since the 2012 Supreme Court decision in the McCleary case, but Gov.

  • US mulls putting NKorea on terrorism sponsor list Sunday, 21 Dec 2014 | 7:25 AM ET

    HONOLULU— President Barack Obama says the United States is reviewing whether to put North Korea back on its list of state sponsors of terrorism as Washington decides how to respond to what he calls an "act of cybervandalism," not one of war, against a movie company. "How it's going to be distributed, I don't think anybody knows quite yet," a Sony lawyer said.

  • SEOUL, Dec 21- Seoul prosecutors have launched an investigation into a leak of non-critical data at South Korea's nuclear power operator, the prosecutors' office said on Sunday, as worries mount about nuclear safety and potential cyberattacks from North Korea. Concern over potential cyberattacks from North Korea has got worldwide attention since the...

  • GOP to back 'The Interview' if it gets to theaters Saturday, 20 Dec 2014 | 7:00 PM ET

    WASHINGTON— The GOP is calling on supporters to buy a ticket to the movie "The Interview" if theater owners reverse their decision not to show the film amid threats of retaliation for its comedic take on assassinating North Korea's leader. The Republican Party chairman, Reince Priebus, says in a letter to theater chain executives that he's concerned that a...

  • *North Korea calls accusations "groundless slander". SEOUL/ WASHINGTON, Dec 20- North Korea said on Saturday U.S. accusations that it was involved in a cyberattack on Sony Pictures were "groundless slander" and that it wanted a joint investigation into the incident with the United States. On Friday, President Barack Obama blamed North Korea for the devastating...

  • HONOLULU, Dec 20- The United States stands by its assertion that the North Korean government was behind the massive cyberattack on Sony Pictures, a spokesman for the White House National Security Council said on Saturday. Asked about North Korea's statement on Saturday denying involvement in the strike against the Hollywood studio, NSC spokesman Mark Stroh...

  • *North Korea calls accusations "groundless slander". SEOUL/ WASHINGTON, Dec 20- North Korea said on Saturday U.S. accusations that it was involved in a cyberattack on Sony Pictures were "groundless slander" and that it wanted a joint investigation into the incident with the United States. On Friday, President Barack Obama blamed North Korea for the devastating...

  • *North Korea calls accusations "groundless slander". *Obama says Sony should not have caved in to hackers. SEOUL/ WASHINGTON, Dec 20- North Korea said U.S. accusations that it was involved in a cyberattack on Sony Pictures were "groundless slander" and that it was wanted a joint investigation into the incident with the United States.

  • North Korea proposes joint probe over Sony hacking Saturday, 20 Dec 2014 | 6:09 AM ET

    SEOUL, South Korea— North Korea on Saturday proposed a joint investigation with the U.S. into the hacking attack against Sony Pictures Entertainment, warning of "serious" consequences if Washington rejects a probe that it believes would prove Pyongyang had nothing to do with the cyberattack. U.S. officials blame North Korea for the hacking, citing the tools used...

  • Sony saga blends foreign intrigue, star wattage Saturday, 20 Dec 2014 | 12:43 AM ET

    WASHINGTON— President Barack Obama declared that Sony "made a mistake" in shelving a satirical film about a plot to assassinate North Korea's leader, and he pledged the U.S. would respond "in a place and manner and time that we choose" to the hacking attack on Sony that led to the withdrawal. Sony said it had had no choice but to cancel distribution of the movie since...

  • But while Obama got laughs in Washington, Oscar winners George Clooney and Sean Penn launched broadsides against Sony and Hollywood studios' response to the hack. Sony has said it could not release the film on its set date of Dec. 25 after cinemas said they would not show it because of fears of unspecified threats from hackers. Clooney, whose past two films for which...

  • MEXICO CITY/ NEW YORK, Dec 19- Mexico and the United States finalized a pact on Friday to end a months-long sugar dispute that threatened to escalate into a broader trade battle. The two countries have settled on agreements that will avoid hefty duties on imports of sugar from Mexico, the U.S. Department of Commerce said in a statement. In a deal hammered out after...

  • US regulators close small Minnesota bank Friday, 19 Dec 2014 | 7:38 PM ET

    The Federal Deposit Insurance Corp. said Friday that it has taken over Northern Star Bank, based in Mankato, Minnesota. BankVista, based in Sartell, Minnesota, agreed to assume all of Northern Star Bank's deposits and to purchase essentially all of the failed bank's assets. Northern Star Bank's failure is expected to cost the federal deposit insurance fund $5.9...

  • WASHINGTON, Dec 19- The United States has sought help from China, Japan, South Korea and Russia in combating cyber attacks such as the one Washington on Friday accused North Korea of carrying out against Sony Pictures, U.S. officials said. The outreach, which included meetings among U.S. and Chinese officials in both nations' capitals, is a tacit acknowledgement...

  • Kocherlakota warns Fed of 'unacceptable' risk Friday, 19 Dec 2014 | 6:23 PM ET

    WASHINGTON— One of three Fed officials who dissented in the Fed's policy decision this week is warning that the central bank is taking an "unacceptable" risk by not paying more attention to the dangers posed by low inflation. Narayana Kocherlakota, the president of the Fed's regional bank in Minneapolis, said Friday that the Fed's failure to respond to weak...

  • Obama imposes sanctions on Crimea, echoes EU Friday, 19 Dec 2014 | 4:46 PM ET

    WASHINGTON— President Barack Obama banned new investments in Crimea on Friday, slapping sanctions on the peninsula that Russia annexed from Ukraine earlier this year. Obama signed an executive order Friday that imposes economic restrictions similar to sanctions imposed by the European Union on Thursday. In a letter to the House and Senate, Obama said the...

  • President Barack Obama said on Friday that construction of the Keystone XL pipeline to transport crude oil from Canada to the U.S. Gulf Coast would only nominally benefit American consumers and workers in perhaps his strongest comments on the Canada- to-U.S. pipeline to date. His comments come as Republican leader Mitch McConnell has said his party's first...