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Top News & Analysis United States

  • WASHINGTON, Feb 28- A U.S. judge said on Tuesday he hopes to decide by about March 7 on a request by Native American tribes for the Army Corps of Engineers to withdraw an easement on religious grounds for the final link of the Dakota Access Pipeline. Court in Washington, D.C., said he hoped to provide a written ruling by that time on the injunction requested by the...

  • WASHINGTON, Feb 28- General Motors Chief Executive Mary Barra said on Tuesday the Detroit automaker is exploring opportunities with French automaker Peugeot SA, but declined to discuss a potential sale of its money-losing European Opel unit. At the Economic Club of Washington, Barra did not discuss in detail the talks with Peugeot that became public two weeks...

  • CUPERTINO, Calif., Feb 28- Apple Inc shareholders defeated a proxy proposal on Tuesday at the iPhone maker's annual shareholder meeting that would have let them nominate two directors on the company's board. The proposal to let shareholders nominate directors won 31.9 percent of votes at the meeting at Apple's headquarters in Cupertino, California.

  • Although its e-commerce operation is growing, Target reported its third straight quarter of lower sales from existing stores, citing "unexpected softness" and raising new questions about the health of large retailers in the United States. Target also forecast first-quarter profit short of Wall Street estimates. Shares sank 12 percent to $58.84, on track for...

  • It also drew sharp criticism from some ethanol groups who said Trumps regulation adviser, billionaire investor and refinery owner Carl Icahn, had engaged in self-dealing by pushing for the deal. The head of the Renewable Fuels Association said the White House had informed him that Trump intends to sign an executive order shifting the obligation of blending...

  • There's an arms race, and Trump wants to win

    Trump lays out ambitious plans to grow the U.S. defense budget

  • WASHINGTON, Feb 28- After a turbulent start to his presidency, Donald Trump goes before the U.S. Congress on Tuesday night to give a speech that will be closely watched for details of his plans for the economy and whether he can strike a more conciliatory tone. World financial markets will be scrutinizing the 9 p.m. address in the House of Representatives for...

  • LONDON, Feb 28- Two former Barclays traders showed scant regard for honesty and integrity when they conspired to rig global Libor interest rates, a lawyer for the UK Serious Fraud Office told a London jury trial on Tuesday. Deacon said Contogoulas, 45, was the London end of a team of New York- based traders who were part of an alleged scam that started in the summer of...

  • WASHINGTON, Feb 28- German automakers dominated Consumer Reports' annual ranking of automotive brands released on Tuesday, with Volkswagen AG's Audi leading the pack, while U.S. brands continued to lag despite gains for many. Jake Fisher, director of auto testing at the magazine, said German automakers rose largely due to improvements in reliability.

  • *Trump to speaks before Congress at 9:00 p.m. ET. Feb 28- U.S. stocks traded lower on Tuesday, setting up the Dow to snap a 12- day winning streak, as financial and consumer discretionary stocks weighed and investors awaited President Donald Trump's speech to a joint session of Congress. "What we're looking for tonight is just more meat on those bones," said Mark...

  • WASHINGTON, Feb 28- The U.S. economy expanded at a slower pace in the fourth quarter, as previously reported, and appeared to remain on a moderate growth path as President Donald Trump took office with a promise to reinvigorate manufacturing and protect jobs. He is expected to outline part of his program in a speech to Congress on Tuesday night.

  • *Saudi wants Brent at $60, Russia cuts Feb output. NEW YORK, Feb 28- Oil prices fell more than 1 pct on Tuesday but continued to trade in a tight range, as concerns about rising U.S. crude inventories ahead of data overshadowed OPEC production cuts. West Texas Intermediate crude futures were down 77 cents at $53.28 a barrel and Brent crude fell 64 cents to $55.29 a barrel.

  • Maggie Wilderotter, Frontier Communications Executive Chairman.

    Shares of Frontier Communications fell more than 10 percent in afternoon trade Tuesday, after the company reported a disappointing earnings loss.

  • CHICAGO, Feb 28- U.S. corn futures rose about 3 percent on Tuesday and soyoil futures jumped nearly 6 percent on expectations that changes to the U.S. renewable fuels policy would boost demand for corn-based ethanol and soy biodiesel, traders said. As of 11:07 a.m. CST, Chicago Board of Trade May corn was up 11 cents at $3.79-1/ 4 per bushel after reaching $3.86-1/ 4,...

  • Mark Light, chief executive officer of Signet Jewelers Ltd

    The employees claim a corporate culture that fostered rampant sexual harassment and discrimination, according to The Washington Post.

  • Feb 28- Target Corp shares plunged on Tuesday after executives issued a full-year profit forecast that fell well below analyst estimates and said the retailer would lower prices to compete with deep-discounting rivals. Although its e-commerce operation is growing quickly, Target reported its third straight quarter of lower sales from existing stores,...

  • Feb 28- No. 1 U.S. bank JPMorgan Chase& Co may return more money to shareholders than it earns over the next few years, it forecast on Tuesday, an encouraging sign for investors who have been waiting for richer dividends and share repurchases. The prediction came in documents posted on JPMorgan's website for its annual investor day, where top executives offered...

  • BOSTON, Feb 28- Fidelity Investments said on Tuesday it cut the price on trades for stocks and exchange-traded funds by 38 percent for retail brokerage clients. Boston- based Fidelity's price reduction to $4.95 from the previous commission of $7.95 a trade was swiftly followed by news that competitor Charles Schwab Corporation would also lower fees on...

  • Feb 28- OneWeb Ltd, a U.S. satellite startup backed by Japan's SoftBank Group Corp, and debt-laden satellite operator Intelsat SA agreed to merge in a share-for-share deal on Tuesday. Elon Musks Space Exploration Technologies Corp unveiled plans in January 2015 for an internet-via-satellite network that would eventually include some 4,000 satellites.

  • WASHINGTON, Feb 28- Billionaire investor Wilbur Ross was sworn in as U.S. commerce secretary on Tuesday after helping shape Republican President Donald Trump's opposition to multilateral trade deals. Vice President Mike Pence administered the oath of office to Ross, 79, a day after the U.S. Senate voted to confirm the corporate turnaround expert's...