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Top News & Analysis North America

  • BARCELONA, Feb 26- Nokia sees demand for higher speed 4 G network equipment starting to recover this year, led by Japan, the company's chief executive Rajeev Suri said on Sunday as he announced a series of contracts with telecom operators. "Noise about carrier M&A will heat up dramatically in United States and India. Nokia repeated that while it expected the global...

  • UNDERHILL, Vt.— Maple syrup doesn't get that rich flavor and color in an instant. It's a long process from tree to bottle. It all comes down to how efficient you can be to make syrup, and this is just the next big step to save time, "said Timothy Perkins, director of the University of Vermont's Proctor Maple Research Center.

  • JERUSALEM— Israel's official Holocaust memorial has asked Amazon to stop selling literature on its site that denies the genocide of 6 million Jews during World War II and otherwise promotes anti-Semitism. Yad Vashem's director of libraries Robert Rozett says he has dispatched a letter to Amazon CEO Jeff Bezos offering his assistance to "curb the spread of...

  • Unless Congress simply cuts taxes for everyone, there will be winners and losers, and the losers won't go quietly. If Congress does cut taxes for everyone, lawmakers risk exploding an already large budget deficit. Republicans in Congress are also working on plans, with the House GOP taking the lead.

  • "Many of our retirees are already under the poverty line," Puerto Rico Governor Ricardo Rossello told Reuters in an interview this past week, saying any pension cuts would attempt to protect the poorest beneficiaries. The tropical island, struggling with a 45 percent poverty rate and unemployment more than twice the U.S. national average, is working to...

  • NEW YORK— Samsung's fiasco with its fire-prone Note 7 phone has pushed its rival LG to take additional precautions with its next smartphone. Samsung recalled millions of Note 7 phones after dozens overheated and caught on fire. "We started by placing these two as far apart as possible and then built the phone around it," LG spokesman Frank Lee said.

  • Brent Saunders, CEO of Botox maker Allergan PLC, last September announced a new "social contract" under which the company would limit annual list price increases for its drugs to below 10 percent. After deducting the discounts insurers and other payers get off the higher list price, Allergan will receive net price increases of around 2 percent to 3 percent on its...

  • NEW YORK— A trans-Atlantic wave of puzzlement is rippling across Sweden for the second time in a week, after a prominent Fox News program featured a "Swedish defense and national security advisor" who's unknown to the country's military and foreign-affairs officials. Swedes, and some Americans, have been wondering about representations of the Nordic nation in...

  • Foreign Secretary S. Jaishankar is expected to discuss with American officials India's concerns over proposed U.S. legislation that could make it harder for companies to replace American workers with those from India and other countries. U.S.- India relations generally prospered under the Obama administration, but New Delhi will be hoping that Trump...

  • VATICAN CITY— God's love may be free, but the Vatican says it has a copyright on the pope. Unnerved by the proliferation of papal-themed T-shirts, snow globes and tea towels around the world, the Vatican has warned it intends to "protect" the image of Pope Francis and "stop situations of illegality that may be discovered." "The secretary of state will undertake...

  • BILLINGS, Mont.— The Interior Department has put on hold changes to how the federal government values huge volumes of coal extracted from public lands, primarily in the Western United States, after mining companies challenged the agency in federal court. The changes, crafted under the administration of President Barack Obama, were aimed at ensuring companies...

  • Pruitt added the EPA's focus on combating climate change under former President Barack Obama had cost jobs and prevented economic growth, leading many Americans to want to see the EPA eliminated completely. "I think people across this country look at the EPA much like they look at the IRS. Pruitt was confirmed as EPA head last week.

  • NEW YORK, Feb 25- Billionaire investor Warren Buffett on Saturday attacked what he saw as tricks used by U.S. companies to boost earnings and stock prices, but he defended one oft-criticized practice: share buybacks. Some critics, including BlackRock Inc Chief Executive Officer Larry Fink, think the practice of companies buying back their own shares to boost...

  • BARCELONA, Spain, Feb 25- Blackberry Ltd may have exited the device business, but fans of the pioneering email machine need not despair as Chinese smartphone maker TCL Communication has introduced its first Blackberry-licensed phone with the physical keyboard that was long its key allure. The new BlackBerry KEYone smartphone was unveiled here ahead of the...

  • Feb 25- Berkshire Hathaway Inc shareholders might have been forgiven on Saturday for looking at the company's annual report and wondering why some $56 billion of cash appeared to vanish. In his annual shareholder letter, Buffett said Berkshire has about $86 billion of cash and equivalents, roughly triple the $28 billion shown on the cash flow statement.

  • Feb 25- Warren Buffett on Saturday used part of his annual letter to Berkshire Hathaway Inc shareholders to defend the businesses practices of one of his conglomerate's lesser-known but more controversial operating units: Clayton Homes. The mobile home unit, which Berkshire bought for $1.7 billion in 2003, came under fire in reports two years ago in the...

  • Feb 25- Warren Buffett on Saturday mounted a forceful and upbeat defense of the prospects for American business, as his Berkshire Hathaway Inc reported a higher quarterly profit though operating income fell. For the fourth quarter, Berkshire's net income rose to $6.29 billion, or $3,823 per Class A share, from $5.48 billion, or $3,333 per share, a year earlier,...

  • NEW YORK, Feb 25- Billionaire Warren Buffett, whose stock picks over several decades have enriched generations of Berkshire Hathaway Inc shareholders, delivered a black eye to the investment industry on Saturday, urging ordinary investors to buy plain-vanilla index funds. Known to fans as "the Oracle of Omaha," he estimated that the search for outperformance...

  • BISMARCK, N.D.— The U.S. Army Corps of Engineers has moved into the evacuated Dakota Access pipeline protest camp to finish the cleanup started weeks ago by the Standing Rock Sioux Tribe. Authorities this week cleared the last holdouts from the camp near the Standing Rock Reservation, which straddles the North Dakota and South Dakota border.

  • "It's definitely a hand-off to the states," said economist Douglas Holtz-Eakin, who has reviewed the GOP plans and a recent briefing document for members of Congress. As they returned home during the recent congressional recess, some lawmakers received an earful from people concerned about possible GOP health care changes. "I'm really angry about it," said Vicki...