Top News & Analysis Washington DC

  • PARIS/ BRUSSELS, Aug 30- France cast serious doubt on Tuesday on the prospects of an EU free trade deal with the United States, adding to opposition within Germany just two months after their countries' leaders reaffirmed support for an accord. Washington and Brussels are officially committed to sealing the Transatlantic Trade and Investment Partnership...

  • WASHINGTON— US Agriculture Department says it has closed offices in five states after receiving anonymous threats.

  • The data issued Tuesday by the Federal Deposit Insurance Corp. showed continued strength in the banking industry eight years after the financial crisis struck. The FDIC reported that U.S. banks earned $43.6 billion in the second quarter, up from $43 billion a year earlier. Still, banks are still operating in a "challenging environment," FDIC Chairman Martin...

  • WASHINGTON— FBI Director James Comey warned again Tuesday about the bureau's inability to access digital devices because of encryption and said investigators were collecting information about the challenge in preparation for an "adult conversation" next year. The remarks reiterated points that Comey has made repeatedly in the last two years, before...

  • WASHINGTON— U.S. consumer confidence rose in August to its highest level in 11 months, suggesting economic growth could pick up in the second half of the year. The Conference Board said Tuesday that its consumer confidence index rose to 101.1, up from 96.7 in July. It was the highest level for confidence since the index hit 102.6 last September.

  • MUNCIE, Indiana, Aug 30- One night a month, retired auto workers shuffle into a former elementary school classroom here to discuss their legal fight against the company that cancelled their health care benefits seven years ago. The group is a remnant of a once-powerful United Auto Workers union local, which at its peak in the 1960 s represented over 5,000 workers...

  • WASHINGTON— U.S. home prices rose modestly in June, pushed up by strong sales and a limited supply of available properties. In Northeastern cities such as New York and Washington, D.C., they are rising at roughly the rate of inflation, and in Boston, less than 5 percent. They rose 12.6 percent in Portland, 11 percent in Seattle, and 9.2 percent in Denver.

  • *Minerals, metals, fuels account for 60 pct of Africa exports. *AngloGold says Ghana govt breached obligations over Obuasi. OBUASI, Ghana, Aug 30- Two years after AngloGold Ashanti suspended production at its giant but loss-making gold mine in Obuasi, central Ghana, the boom of underground explosions has resumed.

  • BERLIN, Aug 30- German Economy Minister Sigmar Gabriel said on Tuesday there would not be an official declaration that negotiations on a free trade deal between the United States and the European Union had ended without an agreement although talks had de facto failed. "It doesn't make sense to end talks on such issues- neither with Turkey nor with Russia nor with...

  • BRUSSELS, Aug 30- EU antitrust regulators ordered Apple on Tuesday to pay up to 13 billion euros in taxes plus interest to the Irish government after ruling that a special scheme to route profits through Ireland was illegal state aid. Apple, which with Ireland said it will appeal the decision, paid tax rates on European profits on sales of its iPhone and other...

  • PARIS, Aug 30- Current transatlantic trade talks should be halted and a new set started, France's trade minister said on Tuesday, adding his voice to some calls from Germany for an end to the negotiations. Matthias Fekl said he would request a halt to negotiations with the United States over the Transatlantic Trade and Investment Partnership on behalf of France...

  • DUBLIN/ BRUSSELS, Aug 30- The European Commission will rule against Ireland's tax dealings with Apple Inc on Tuesday, sources familiar with the decision told Reuters, likely resulting in a multi-billion dollar tax bill for the U.S.-based tech company. Commissioner Margrethe Vestager will hold a news conference on an antitrust case at noon in Brussels, whose...

  • PARIS, Aug 30- Current Transatlantic trade talks should be halted and a new set started, France's trade minister said on Tuesday, adding his voice to German calls for an end to the negotiations. Matthias Fekl said he would request a halt to negotiations over the Transatlantic Trade and Investment Partnership on behalf of France at next month's meeting of...

  • TOKYO, Aug 30- Japan's chief cabinet secretary has signaled Tokyo's readiness to intervene in the market if the yen spikes out of line with fundamentals and defended the Bank of Japan's negative interest rate policy. Yoshihide Suga, one of premier Shinzo Abe's closest aides, told Reuters in an interview on Tuesday the government will respond "appropriately" to...

  • "France prefers to look things in the face," Hollande said in a diplomatic speech. There's resistance on both continents, and the talks are complicated by Britain's planned exit from the 28- nation EU and upcoming presidential elections in the U.S. and France. "He said earlier Tuesday that France will ask the European Commission at a meeting in Slovakia next month...

  • DUBLIN/ BRUSSELS, Aug 30- The European Commission will rule against Ireland's tax dealings with Apple on Tuesday, sources familiar with the decision told Reuters, one of whom said Dublin would be told to recoup over 1 billion euros in back taxes. Though the subject of the case was not given, she was expected to detail her verdict on why a deal that encouraged the U.S....

  • NEW YORK, Aug 29- Six U.S. senators have urged President Barack Obama to prioritize cyber crime at this weekend's Group of 20 summit in China, in the wake of the theft of $81 million from Bangladesh's central bank, according to a letter obtained by Reuters. In the letter sent to the White House ahead of the Sept. 4-5 summit, Sherrod Brown, a senior Democrat on the Senate...

  • PAUL, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in conversation on "The Role of the Fed and its Board of Directors," hosted by the Amherst H. Wilder Foundation- 1200 GMT. BEIJING- Federal Reserve Bank of Boston President Eric Rosengren participates in panel before the "Business Cycles, Financial Markets and Monetary...

  • PAUL, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in conversation on "The Role of the Fed and its Board of Directors," hosted by the Amherst H. Wilder Foundation- 1200 GMT. BEIJING- Federal Reserve Bank of Boston President Eric Rosengren participates in panel before the "Business Cycles, Financial Markets and Monetary...

  • WASHINGTON, Aug 29- When President Barack Obama travels to Asia next week, he will try to reassure leaders in the region that he still has the clout to deliver U.S. approval for the sweeping Trans-Pacific Partnership, even though the two candidates vying to succeed him and a congressional leader have said the 12- nation trade deal should not move forward.