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Top News & Analysis United States

  • BOSTON, March 22- A Massachusetts man was sentenced to six years in prison on Wednesday after pleading guilty to helping to run what prosecutors called a global. James Merrill, the former president of TelexFree Inc, was sentenced by U.S. The sentence was confirmed by a spokeswoman for the U.S. Attorney's Office in Massachusetts.

  • March 22- About 17,000 AT&T Inc workers in California and Nevada went on strike on Wednesday, alleging that the company violated contract terms by forcing employees to do work outside their areas of expertise. Last year, the workers, who are represented by the Communications Workers of America, voted to authorize a strike. AT&T had 268,000 employees as of Jan. 31,...

  • AUGUSTA, Maine— The Latest on a Maine lawmaker's bill protecting climate change beliefs:. A Republican lawmaker in Maine who has introduced a bill that would protect people from discrimination based on their beliefs about climate change says he thinks it's an open question whether human activity is the primary cause of it. A Republican lawmaker in Maine says...

  • CALGARY, Alberta, March 22- Canada's Enbridge Inc said on Wednesday it would cut about 1,000 positions, or 6 percent of its work force, after buying Spectra Energy Corp of Houston, the first layoffs for the combined energy infrastructure company, the biggest in North America. The takeover announced last year, the most significant energy deal since oil and natural...

  • WASHINGTON— President Donald Trump is taking credit for persuading TransCanada Corp. to withdraw a hefty lawsuit against the U.S. government over the previous administration's rejection of the Keystone XL pipeline. TRUMP: The president said he talked Tuesday morning with his chief economic adviser, Gary Cohn, and asked him about the TransCanada dispute.

  • Mark Meadows, who heads the conservative House Freedom Caucus, said after a White House meeting with Vice President Mike Pence that his group had more than enough members to stop the bill from passing, although he remained hopeful for potential changes to the legislation. White House spokesman Sean Spicer said the administration was optimistic, citing a...

  • NEW YORK, March 22- A New York state judge on Wednesday ordered ExxonMobil Corp to work with the New York attorney general's office to try to recover lost emails from an alias account used by U.S. Secretary of State Rex Tillerson when he was the oil companys chairman and chief executive. Justice Barry Ostrager, who is overseeing a probe by New York Attorney General...

  • NEW YORK— The Motion Picture Association of America said Wednesday that the worldwide box office reached a record $38.6 billion in 2016, though international revenues were essentially stagnant. While China, the world's second-largest market after the U.S., has long been a priority of Hollywood, it dropped 1 percent last year with $6.6 billion in ticket sales.

  • *S&P 500 touches 5- week low after sinking 1.2 pct Tuesday. *Bonds gain as concerns about Washington gridlock grow. NEW YORK, March 22- Most U.S. and European share indexes fell or were little changed on Wednesday as concerns over potential delays to President Donald Trump's pro-growth policies again unnerved investors, while safe-haven gold, U.S.

  • LINCOLN, Neb.— Activists who want to derail the Keystone XL pipeline in Nebraska are again mobilizing to try to make their case to a small state commission that will decide the project's fate. TransCanada announced last month that it had filed an application with the commission, which regulates oil pipelines in Nebraska. The Keystone XL would carry about 830,000...

  • DUBAI, March 22- Amazon.com Inc has agreed in principle to buy 100 percent of Dubai- based online retailer Souq.com from its shareholders, sources familiar with the deal said on Wednesday. Kuwait, Saudi Arabia and the United Arab Emirates are among the top worldwide for mobile phone penetration. "Amazon acquires business that they see as tangential to the core...

  • NEW YORK, March 22- Most U.S. and European share indexes fell on Wednesday as concerns over potential delays to President Donald Trump's pro-growth policies again unnerved investors, while safe-haven gold, U.S. President Donald Trump and Republican congressional leaders struggled on Wednesday to get enough support in the House of Representatives to win...

  • WASHINGTON, March 22- U.S. home resales fell more than expected in February amid a persistent shortage of houses on the market that is pushing up prices and sidelining prospective buyers. The National Association of Realtors said on Wednesday existing home sales declined 3.7 percent to a seasonally adjusted annual rate of 5.48 million units last month after...

  • Labor Secretary nominee R. Alexander Acosta told a Senate committee on Wednesday he would abide by President Donald Trump's directive to review a pending "fiduciary rule" for retirement investment advisers, indicating he believed it goes too far. Acosta told the Senate Committee on Health, Education, Labor and Pensions that the fiduciary rule, slated to take...

  • CHICAGO— Workers dreaming of early retirement are getting the jitters as Washington debates replacing the Obama-era health care law with a system that could be a lot more expensive for many older Americans. Others who already left jobs with health benefits before reaching Medicare age are second-guessing their move to self-employment.

  • WASHINGTON, March 22- The Republican chairman of a powerful House of Representatives committee said on Wednesday that he remains confident Congress will act to overhaul financial regulations "this year." Jeb Hensarling, head of the House Financial Services Committee, told Reuters that he has assurances from the White House and congressional leaders that...

  • CALGARY, Alberta— Enbridge Inc. says it is cutting about 1,000 jobs or 6 percent of its workforce following the takeover of Houston- based Spectra Energy. The Calgary, Alberta- based Enbridge said Wednesday it is laying off people to address overlaps in the combined company's organizational structure after acquiring Spectra late last month.

  • ALBANY, N.Y.— New York Attorney General Eric Schneiderman says his office has reached a $540,000 settlement with a Virginia- based retailer and financing firm that fraudulently charged hundreds of military members. Schneiderman says Wednesday that the settlement with Norfolk- based Freedom Stores will clear debt and judgments charged to 257 soldiers from...

  • March 22- The S&P and the Nasdaq reversed course to climb higher in afternoon trading on Wednesday, as investors sought bargains a day after the major indexes posted their biggest one-day loss since before the election. "What we're seeing today is buyers being opportunistic and trying to gain entry into the overall market," said Robert Pavlik, chief market...

  • NEWARK, N.J.— A Pennsylvania man took more than $100,000 in bribes in a scheme involving construction projects at two New Jersey military bases, the U.S. attorney's office said in a criminal complaint released Wednesday. Kevin Leondi, 56, of Stroudsburg, was charged with conspiracy to accept bribes and defraud the United States, which carries a maximum five-year...