Top News & Analysis Washington DC

  • 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...

  • WASHINGTON— President-elect Donald Trump's transition team is asking Energy Department employees for information about the agency's operations and personnel, including a list of employees and contractors who attended international meetings on climate change over the past five years. An Energy Department official called the 74 questions a hit list and...

  • WASHINGTON— President-elect Donald Trump is expected to name Goldman Sachs president Gary Cohn to an influential White House economic post, two people informed of the decision said Friday. Cohn, 56, would lead the White House National Economic Council, a posting that would require him to leave his $21 million a year job as president and chief operating officer...

  • WASHINGTON— The Supreme Court will decide whether a Tennessee man convicted for his role selling iodine water purification filters to methamphetamine makers can be required to forfeit nearly $70,000 in profits. The justices said Friday they will hear an appeal from Terry Honeycutt, who helped sell more than 20,000 filters at his brother's Chattanooga...

  • WASHINGTON, Dec 9- President-elect Donald Trump is stacking his trade transition team with veterans of the U.S. steel industry's battles with China, signaling a potentially more aggressive approach to U.S. complaints of unfair Chinese subsidies for its exports and barriers to imports. Led by Wilbur Ross, a billionaire steel investor and Trump's nominee for...

  • WASHINGTON— Commerce Department releases retail sales data for November, 8:30 a.m.; Labor Department releases the Producer Price Index for November, 8:30 a.m.; Federal Reserve releases industrial production for November, 9:15 a.m.; Commerce Department releases business inventories for October, 10 a.m.; Federal Reserve policymakers release a statement...

  • WASHINGTON/ NEW YORK, Dec 9- U.S. President-elect Donald Trump on Friday was expected to name 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. Trump's pick of Gary Cohn, 56, the firm's president and chief operating officer, to head his White...