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Top News & Analysis Washington DC

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  • WASHINGTON— The Institute for Supply Management reports on growth at U.S. service firms in July. The ISM will release its services index Wednesday at 10 a.m. Eastern. TICKING UP: Economists expect the index registered a slight increase— to 56.2 in July from 56 in June, according to a survey by the research firm FactSet.

  • WASHINGTON— The Commerce Department reports on the international trade gap for June at 8:30 a.m. Eastern Wednesday. TRADE GAP: Economists predict the deficit widened by just $1 billion to $42.9 billion in June from the previous month, according to a survey by data firm FactSet. Exports of U.S. aircraft, a volatile category, fell $1.24 billion in May to $4.9...

  • Jewish leaders it was likely rockets would fall on Tel Aviv if a nuclear deal with Iran was blocked and military action ensued, one of them said on Wednesday. In a separate appeal to American Jews, Israeli Prime Minister Benjamin Netanyahu, a fierce opponent of the July 14 accord, pushed back in a webcast on Tuesday against the Obama administration's argument that...

  • KUALA LUMPUR, Malaysia— The United States and China clashed Wednesday over who is to blame for rising tensions over territorial disputes in the South China Sea with Washington demanding a halt to "problematic actions" in the area and Beijing telling foreign parties to keep out. Kerry urged China to end provocative land reclamation projects in the South China...

  • WASHINGTON— Donald Trump vows to bring back the millions of American jobs lost to China and other foreign competitors if voters put him in the White House. A study published last year by the National Bureau of Economic Research found that between 2 million and 2.4 million jobs were lost to competition from China from 1999 to 2011.. Announcing his presidential...

  • WASHINGTON, Aug 4- The International Monetary Fund should put off any move to add the yuan to its benchmark currency basket until after September 2016, IMF staff said in a report which showed a mixed performance of the renminbi on meeting key financial norms. The report, published on Tuesday, comes after Beijing launched a major diplomatic push for the yuan to be...

  • The FDA recommended at the time that any facilities using the TJF-Q180V device should train staff on the new instructions and implement them as soon as possible. In its latest safety update the FDA recommended hospitals also consider microbiological culturing to identify any bacterial contamination that may be present after the cleaning and...

  • WASHINGTON— The advent of social media has brought a new type of connectedness and an easier way to share thoughts and content across the world. It also allows companies like fast food chain Whataburger to add to the beef when music artists feud, as was the case in last week's squabble between Philadelphia- born rapper Meek Mill and Canadian crooner, Drake.

  • WASHINGTON— The staff of the International Monetary Fund is recommending that China wait until at least October 2016 to join an exclusive club of the world's top currencies. China wants its currency, the yuan, included in a basket of currencies used in IMF operations along with the U.S. dollar, euro, British pound and Japanese yen. China believes it deserves to be...

  • WASHINGTON— Republican presidential contender Jeb Bush earned more than $9 million over the last 17 months from speaking fees and an assortment of business interests, including a health services firm in Puerto Rico and an online lending operation, according to newly released financial records. He also owns a variety of real estate interests stretching from...

  • WASHINGTON, Aug 4- The International Monetary Fund should put off any move to add the yuan to its Special Drawing Rights currency basket until September 2016, an IMF staff report said, a move that would effectively end the Chinese currency's chances of an early inclusion. The report, published on Tuesday, comes after Beijing launched a major diplomatic push for...

  • WASHINGTON _ The Advisory Board Co. on Tuesday reported second-quarter profit of $8.7 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. For the current quarter ending in October, Advisory Board expects its per-share earnings to range from 12 cents to 15 cents.

  • The Securities and Exchange Commission is scheduled to vote Wednesday to formally adopt the rule, which will compel public companies to disclose the ratio between their chief executives' annual compensation and median employee pay. Although a handful of U.S. companies currently disclose the ratio of CEO compensation to rank-and-file worker's pay, they...

  • WASHINGTON— Figures on government spending and debt.

  • WASHINGTON— About 1.8 million households that got financial help for health insurance under President Barack Obama's law now have issues with their tax returns that could jeopardize their subsidies next year. "There's still time, but people need to take action soon," said Lori Lodes, communications director for the Centers for Medicare and Medicaid Services,...

  • WASHINGTON— Commerce Department releases international trade data for June, 8:30 a.m.. WASHINGTON— Institute for Supply Management releases its service sector index for July, 10 a.m.. ROME— Italy's largest bank UniCredit announces its second-quarter earnings.

  • WASHINGTON— A federal appeals court has upheld a $96 million arbitration award to Chevron Corp. stemming from a 1990 s-era oil contract dispute with the government of Ecuador. The U.S. Court of Appeals for the District of Columbia Circuit on Tuesday rejected Ecuador's challenge to the 2011 award from the Netherlands- based international arbitration panel.

  • Texaco filed several lawsuits in the 1990 s accusing Ecuador of violating the contract. Calls for comment to a lawyer for Ecuador and the Ecuadorean embassy in Washington were not immediately returned. In the case at hand, Chevron initiated an arbitration proceeding at The Hague in 2006, claiming the Ecuadorean courts failed to resolve the lawsuits in a...

  • WASHINGTON— President Barack Obama spent his 54th birthday talking to a robotic teddy bear that teaches children how to manage their diabetes and watching a radio waves demonstration used to detect senior falls. The White House says about 3 percent of U.S. startups backed by venture capital are led by women. "We've got to make sure that everybody is getting a fair...

  • NEW YORK, Aug 4- Aetna Inc Chief Executive Mark Bertolini said on Tuesday the company is talking to federal and state officials on its $37 billion acquisition of Humana Inc and that there is enough insurance competition for it to receive approval. If Aetna or Humana need to divest in a market because of the competitive dynamics, "there will be plenty of competitors...