GO
Loading...

Washington DC

More

  • NEW DELHI, Oct 25- India has opted to buy Israel's Spike anti-tank guided missile, a defense ministry source said on Saturday, rejecting a rival U.S. offer of Javelin missiles that Washington had lobbied hard to win. India will buy at least 8,000 Spike missiles and more than 300 launchers in a deal worth 32 billion rupees, the source said after a meeting of India's...

  • DIARY - Top economic Events to Nov 6 Friday, 24 Oct 2014 | 8:01 PM ET

    FRANKFURT- Deutsche Bundesbank Board Member Andreas Dombret to give press conference at the Bundesbank in Frankfurt- 1200 GMT. FRANKFURT- ECB Vice-president Vitor Constancio and Supervisory Board Chair Daniele Nouy to hold a press conference on the results of the Comprehensive Assessment- 1030 GMT. LONDON- Bank of England Deputy Governor Minouche Shafik...

  • Oct 24- Consumer advocate Ralph Nader sent a letter to Apple Inc Chief Executive Officer Tim Cook urging the company to reduce its spending on share buybacks and use the money to raise wages, the Wall Street Journal reported on Friday. "'Designed by Apple in California' has a nicer ring to it than' assembled by workers paid about a dollar per hour, working 11- hour...

  • Regulators close small Illinois bank Friday, 24 Oct 2014 | 6:30 PM ET

    The Federal Deposit Insurance Corp. said Friday that it has taken over The National Republic Bank of Chicago, based in Chicago. State Bank of Texas, based in Dallas, has agreed to buy about $626.1 million of the failed bank's assets and assume all of National Republic Bank's deposits. National Republic Bank is the fifth FDIC- insured institution to fail in...

  • FCC: Phone companies posted private info online Friday, 24 Oct 2014 | 5:00 PM ET

    WASHINGTON— Two phone companies— TerraCom Inc. and YourTel America Inc.— unwittingly posted the Social Security numbers, driver's licenses and other sensitive data of up to 300,000 clients to the Internet, an investigation found, and federal regulators said Friday they plan to fine the companies. We look forward to working with the FCC to resolve this matter...

  • Figures on government spending and debt Friday, 24 Oct 2014 | 4:16 PM ET

    WASHINGTON— Figures on government spending and debt.

  • US official: Auto safety agency under review Friday, 24 Oct 2014 | 3:47 PM ET

    A special Transportation Department team is examining whether "we have the dial set correctly on risk management and our safety posture in general" throughout the department, especially at the safety administration, said the official, who asked that he not be named as a condition of briefing reporters. The safety agency is part of the Transportation...

  • US Chamber on sidelines in close Georgia race Friday, 24 Oct 2014 | 1:11 PM ET

    WASHINGTON— The most powerful business group in the country is spending tens of millions of dollars to help Republicans win control of the Senate with one glaring omission— the tight Georgia Senate race. Rob Engstrom, political director for the U.S. Chamber of Commerce, said Friday that the organization will stay on the sidelines in the contest between...

  • Oct 24- Banana producer Chiquita Brands International Inc said it would start takeover talks with Brazil's Grupo Cutrale and Safra Group after its shareholders voted against a proposed merger with Irish rival Fyffes Plc. Fyffes' shares fell 5 percent to 94 euro cents in Dublin after the collapse of the deal, which would have created a company domiciled in...

  • WASHINGTON/ DETROIT, Oct 24- The U.S. House committee looking into the defective air bags made by Japanese supplier Takata Corp will hold an initial briefing with U.S. safety regulators next week to learn the details of the regional recalls affecting 10 automakers, a committee aide said on Friday. The committee has not requested any documents on Takata at this...

  • Oct 15- Another proposed U.S. corporate tax "inversion" deal collapsed on Friday when Irish food group Fyffes Plc and larger U.S. rival Chiquita Brands International Inc called off an agreement to combine. It was the fourth such deal to unravel since the Treasury Department on Sept. 22 cracked down on inversions, deals in which a U.S. company acquires or sets up a...

  • WASHINGTON/ DETROIT, Oct 24- The U.S. House committee looking into the defective air bags made by Japanese supplier Takata Corp will hold an initial briefing with U.S. safety regulators next week to learn the details of the regional recalls affecting 10 automakers, a committee aide said on Friday. NHTSA opened an investigation in June into the regional recalls...

  • *President denies Russia to blame in Ukraine crisis. LAURA, Russia, Oct 24- Russian President Vladimir Putin accused the United States on Friday of endangering global security by imposing a "unilateral diktat" on the rest of the world and shifted blame for the Ukraine crisis onto the West. "We did not start this," Putin told an informal group of experts on Russia that...

  • *Paves the way for U.N. talks in Paris next year. The EU's 2030 goal should inject momentum ahead of a U.N. summit to be hosted by Paris in 2015 to seek a global pact on curbing climate change. Christiana Figueres, executive secretary of the U.N. Framework Convention on Climate Change, tweeted the decision gave "valuable momentum for Paris 2015".

  • US new-home sales close to flat in September Friday, 24 Oct 2014 | 10:03 AM ET

    WASHINGTON— U.S. sales of new homes were nearly flat in September, after the government sharply revised downward what was initially an August surge in buying. New-home sales edged up 0.2 percent last month to a seasonally adjusted annual rate of 467,000, the Commerce Department reported Friday. Because homes are pricier in the West, that pushed down the median...

  • LAURA, Russia, Oct 24- President Vladimir Putin accused the United States on Friday of making the world a more dangerous place by imposing a "unilateral diktat" in international diplomacy and denied Russia wanted to build a new empire. "Statements that Russia is trying to reinstate some sort of empire, that it is encroaching on the sovereignty of its neighbors, are...

  • *Paves the way for U.N. talks in Paris next year. The EU's 2030 goal should inject momentum ahead of a U.N. summit to be hosted by Paris in 2015 to seek a global pact on curbing climate change. Christiana Figueres, executive secretary of the U.N. Framework Convention on Climate Change, tweeted the decision gave "valuable momentum for Paris 2015.".

  • GOP outraises Democrats in early October Friday, 24 Oct 2014 | 7:06 AM ET

    WASHINGTON— Donors gave the Republican National Committee $8.1 million during the first two weeks of October, and the party borrowed another $5 million to help its campaign allies working on House and Senate races, according to finance reports filed Thursday. The DNC raised $6.2 million during the first two weeks of October and sent $1.5 million to its...

  • Ahead of the Bell: US new-home sales Friday, 24 Oct 2014 | 6:25 AM ET

    WASHINGTON— The Commerce Department reports on sales of new homes in September. The report will be released Friday at 10 a.m. Eastern. More than 8 million homes are "seriously underwater," representing 15 percent of all properties with a mortgage and roughly $1.4 trillion worth of negative equity, according to the housing data company RealtyTrac.

  • Rapid UK economic growth slows slightly in 3rd quarter. LONDON- Britain's rapid economic recovery eased as expected during the third quarter, as services output growth slowed and manufacturing expanded at the weakest pace in 18 months, official data shows. BRUSSELS- France and Italy make fresh commitments to reform to persuade Germany and the European...