Top News & Analysis North America

  • Many government services and operations would have been closed or suspended at midnight, when current funding authority expired, if the Senate had not approved the bill. Obama signed the measure, the White House said in a statement issued about 90 minutes after the Senate passed it. Democrats from coal-producing states, led by West Virginia Senator Joe Manchin,...

  • Many government services and operations would have been closed or suspended starting at midnight, when current funding authority expires, if the Senate had not approved the measure. Democrats from coal-producing states, led by West Virginia Senator Joe Manchin, had delayed the Senate vote on the funding bill in a failed attempt to get a bigger extension of the...

  • GRAND RAPIDS, Mich., Dec 9- Exxon Mobil Corp Chief Executive Officer Rex Tillerson emerged on Friday as President-elect Donald Trump's leading candidate for U.S. secretary of state, a senior transition official said. Tillerson's favored status was revealed as former New York Mayor Rudy Giuliani formally withdrew from consideration for secretary of state.

  • Dec 9- President-elect Donald Trump said on Friday he would name Andrew Liveris, chairman and chief executive of Dow Chemical Co, to head the Manufacturing Council, a private sector group that advises the U.S. secretary of commerce.

  • GRAND RAPIDS, Mich., Dec 9- Exxon Mobil Corp Chief Executive Rex Tillerson emerged on Friday as President-elect Donald Trump's leading candidate for U.S. secretary of state, a senior transition official said. Tillerson's favored status was revealed as former New York Mayor Rudy Giuliani formally withdrew from consideration for secretary of state.

  • WASHINGTON, Dec 9- The U.S. Senate was preparing to pass a government spending bill on Friday evening after Democrats from coal states announced they would not risk a government shutdown by continuing to delay the vote. Many government services and operations would have been closed or suspended starting at midnight if the Senate did not pass a series of...

  • The primary disputes in Friday afternoon's testimony were whether traditional Medicare, which is managed by the government, competes with Medicare Advantage, run by insurers, and whether Aetna pulled out of some public Obamacare exchanges out of anger after the department filed its lawsuit. The government has shown that once a person signs up for Medicare...

  • SACRAMENTO, Calif.— A California judge rejected pimping charges Friday against the operators of a major international website advertising escort services that the state attorney general has called the "world's top online brothel," citing federal free speech laws. California Attorney General Kamala Harris had charged Backpage.com CEO Carl Ferrer and...

  • FRANKFURT- European Central Bank governing council meeting. NEW YORK- Federal Reserve chair Janet Yellen holds a news conference- 1930 GMT. WASHINGTON- Federal Reserve Board holds open meeting to discuss a final rule establishing long-term debt and total loss-absorbing capacity requirements for global systemically important banking organizations- 1600...

  • NEW YORK, Dec 9- Arista Networks Inc used rival Cisco Systems Inc's network device technology in its ethernet switches without permission, a U.S. trade judge ruled on Friday, handing Cisco yet another win in a sprawling legal battle over patents between the two companies. The judge, MaryJoan McNamara of the U.S. International Trade Commission in Washington, said...

  • NEW YORK, Dec 9- The Beechwood group of reinsurance companies is in talks to sell most or all of itself after a backlash from some clients due to its relationship with troubled hedge fund manager Platinum Partners, according to a person familiar with the situation. The Bermuda-, Grand Cayman- and New York- based firm has been working to sever its links with Platinum...

  • Cuba suffers from some of the world's slowest internet speeds due to a range of problems that include the convoluted, and thus slower, paths that data must travel between Cuban users and servers that are often in the U.S. Cuban officials appear to be accelerating their approvals of deals with U.S. companies in an attempt to build momentum behind U.S.- Cuba...

  • NEW YORK, Dec 9- A private U.S. regulator launched a hotline on Friday to hear from ex-Wells Fargo& Co employees who were fired for allegedly opening unauthorized accounts after news reports that the bank may have retaliated by terminating whistleblowers in the scandal. Federal regulators ordered the San Francisco- based bank to pay $190 million in fines and...

  • WASHINGTON— President-elect Donald Trump shut down some of his companies in the days after the election, including four that appeared connected to a possible Saudi Arabia business venture, according to corporate registrations in Delaware. News of the move comes days before Trump was expected to describe changes he is making to his businesses to avoid...

  • NEW YORK/ LONDON, Dec 9- Rupert Murdoch's Twenty-First Century Fox Inc has struck a preliminary deal to buy the 61 percent of British pay-TV firm Sky Plc it does not already own for around $14 billion, five years after a political scandal wrecked a previous bid. People familiar with the matter said Fox had pounced after Britain's vote to leave the European Union in...

  • David Demos, 35, was charged with securities fraud in an indictment filed in federal court in New Haven, Connecticut, becoming the latest trader to face charges for cheating customers on prices of mortgage-backed securities. Prosecutors said Demos, a trader and managing director at Cantor Fitzgerald from November 2011 to February 2013, defrauded customers...

  • BATON ROUGE, La./ WASHINGTON, Dec 9- U.S. President-elect Donald Trump on Friday said he was considering imposing a lifetime ban on U.S. military procurement officials going to work for defense contractors, a move that could dramatically reshape the defense industry. Three days after publicly rebuking Boeing Co over the cost of the next-generation Air Force One...

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • The four patients live in very close proximity to the first case, the Texas Department of State Health Services and Cameron County Department of Health and Human Services said in a statement on Friday. The first case involved a woman living in Cameron County near the Mexico border, who is not pregnant. The U.S. Centers for Disease Control and Prevention and the...

  • DALLAS— Southwest Airlines has stopped new flights between Los Angeles and Mexico because Mexican authorities haven't finished the paperwork formally authorizing the service. American Airlines has been forced to delay one new route to Mexico while it too awaits approval from Mexico. The Southwest cancelations cover 10 daily flights between Los Angeles...