Top News & Analysis Washington DC

  • WASHINGTON— President-elect Donald Trump has found an accomplished American executive in Rex Tillerson, but one whose longstanding support for free trade, international law and an expansive U.S. presence in the Middle East largely doesn't fit with what Trump has pitched to supporters. A native of Wichita Falls, Texas, Tillerson came to Exxon Mobile Corp. as a...

  • News of Tillerson's possible appointment comes as U.S. intelligence analysts have concluded that Russia intervened in the 2016 election to help Trump win the White House. Tillerson, 64, has driven Exxon's expansion in Russia for decades and opposed U.S. sanctions imposed on Russia for its seizure of Crimea. Russian President Vladimir Putin awarded...

  • News of Tillerson's possible appointment comes as U.S. intelligence analysts have concluded that Russia intervened in the 2016 election to help Trump win the White House. Tillerson, 64, has driven Exxon's expansion in Russia for decades and opposed U.S. sanctions imposed on Russia for its seizure of Crimea. Russian President Vladimir Putin awarded...

  • Exxon chief Rex Tillerson emerged on Friday as Trump's leading candidate for U.S. secretary of state over 2012 Republican presidential nominee Mitt Romney and three other people. He was joined by former New York Mayor Rudy Giuliani, who withdrew from consideration as secretary of state on Friday. NBC News, which first reported the development, said Trump would...

  • Patient visiting a doctors office, affordable health care act

    Key health care industry groups are telling the incoming Republican administration and Congress that it's not a good idea to repeal the 2010 health care law without clear plans to address the consequences.

  • WASHINGTON— President-elect Donald Trump moved closer to nominating Exxon Mobil CEO Rex Tillerson as his secretary of State on Saturday, a decision that would bring a business leader with close ties to Russia into the Cabinet. Some advisers worry that Tillerson's Russia connections would lead to a contentious Senate confirmation hearing and keep alive...

  • WASHINGTON— One by one, key health care industry groups are telling the incoming Republican administration and Congress that it's not a good idea to repeal the 2010 health care law without clear plans to address the consequences. The concerns go beyond the obvious potential hardship for the 20 million people covered by subsidized private insurance 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...

  • 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...

  • 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.

  • NEW YORK, Dec 9- Arista Networks Inc used rival Cisco Systems' 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 that...

  • President-elect Donald Trump will likely ask a senior Goldman Sachs banker to coordinate economic policy across his administration, turning again to Wall Street for expertise in managing the world's largest economy, a transition official said on Friday. Trump's pick of Goldman President Gary Cohn, 56, to head the White House National Economic Council...

  • NEW YORK, Dec 9- Arista Networks Inc used rival Cisco Systems' 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 that...

  • CHICAGO, Dec 9- U.S. soybean and corn futures rose 1 percent on Friday, buoyed by technical buying and concerns over dry growing conditions in Argentina in the wake of U.S. Department of Agriculture crop data at midday that was deemed neutral, traders said. The gains came after USDA in a monthly report left U.S. soybean, corn and wheat stockpile estimates unchanged...

  • WASHINGTON— In the heat of the presidential campaign, Donald Trump accused primary rival Ted Cruz of being controlled by Goldman Sachs because his wife, Heidi, previously worked for the Wall Street giant. Wall Street executives have long wielded influence in Washington, filling top jobs in both Republican and Democratic administrations.

  • WASHINGTON— President-elect Donald Trump is expected to name Gary Cohn, the No. 2 executive at the powerhouse Wall Street firm Goldman Sachs, to a prominent White House economic post. Cohn, 56, would lead the White House's National Economic Council, a posting that would require him to leave his $21- million- a-year job as president and chief operating officer at...

  • President-elect Donald Trump will likely ask a senior Goldman Sachs banker to coordinate economic policy across his administration, turning again to Wall Street for expertise in managing the world's largest economy, a transition official said on Friday. The anti-Goldman message rankled some on Wall Street, although several alums of the bank had major...

  • The Tongass National Forest released a management plan update Friday that it says will emphasize young-growth timber sales in the forest, which covers much of southeast Alaska, and allow for a logging rate that it says will meet projected timber demand. The supervisor of the Tongass, M. Earl Stewart, told reporters Friday that the Forest Service is working with...