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Top News & Analysis Washington DC

  • April 27- Shares of port-operator Westshore Terminals Investment Corp recovered some lost ground on Thursday after dropping sharply a day earlier on news British Columbia had urged the government to ban U.S. coal exports from provincial ports in a trade spat. In a letter to Prime Minister Justin Trudeau on Wednesday, British Columbia Premier Christy Clark...

  • WASHINGTON— President Donald Trump on Thursday created an office at the Department of Veterans Affairs to improve accountability and protect whistleblowers, calling it a "bold step forward." Trump, who made improving veterans' care a prominent issue in his presidential campaign, said the Office of Accountability and Whistleblower Protection will make clear "...

  • CHICAGO, April 27- United Airlines and the passenger who was dragged from a Chicago flight earlier this month have reached a settlement for an undisclosed sum, they said on Thursday, in the carrier's latest step to contain damage from an incident that sparked international outrage. Dao, a 69- year-old Vietnamese-American doctor, was injured when Chicago...

  • WASHINGTON— Federal regulators sued four online lenders for collecting consumer debts they weren't legally owed, an area that is a prime source of consumer complaints. The Consumer Financial Protection Bureau filed the suit Thursday against the lenders, saying they illegally took money from consumers' bank accounts for debts that weren't valid because...

  • CHICAGO, April 27- United Airlines and the passenger who was dragged from a Chicago flight earlier this month have reached a settlement for an undisclosed sum, they said on Thursday, in the carrier's latest step to contain damage from an incident that sparked international outrage. Dao, a 69- year-old Vietnamese-American doctor, was injured when Chicago...

  • MEXICO CITY— Like the rest of the world, Mexico only learned through media reports that the Trump administration was considering a draft executive order to withdraw the United States from the North American Free Trade Agreement. But just as Trump warned that he was still prepared to walk away from NAFTA unless he gets "a fair deal for the United States," Videgaray...

  • President Donald Trump told Canada and Mexico that Washington wanted to renegotiate, rather than leave, NAFTA. The loonie, as Canada's currency is colloquially known, has been buffeted by trade rhetoric and actions this week, including the imposition of U.S. import duties on Canada's softwood lumber. The currency had fallen on Wednesday after a U.S. official...

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • *Mexico says conditions exist for a good outcome for all. WASHINGTON, April 27- President Donald Trump said on Thursday he pulled back from the brink of killing the 23- year-old trade pact with Canada and Mexico after requests from their leaders and expressed optimism about winning better U.S. terms in a renegotiated deal. Trump, during a White House appearance...

  • FCC Chairman Ajit Pai, named by Trump in January, disclosed his intent Wednesday to repeal the Obama era rules that reclassified internet service and tightly regulated providers as if they were utilities. The FCC also plans to scrap the 2015 internet conduct standard and an ombudsman position created to hear complaints of net neutrality violations.

  • CHICAGO, April 27- United Airlines and the passenger who was dragged from a Chicago flight earlier this month have reached a settlement for an undisclosed sum, they said on Thursday, in the carrier's latest step to contain damage from an incident which has sparked international outrage. David Dao being dragged down the aisle of a United jet and Chief Executive...

  • WASHINGTON— President Donald Trump campaigned on an "America First" trade policy of bracing clarity: Renegotiate or abandon NAFTA and crack down on China's trade practices. The White House leaked that possibility to reporters, rattling investors and drawing protests from business groups and Republican lawmakers. He would actually seek to revamp the trade...

  • WASHINGTON— Among the likely winners in President Donald Trump's tax-cut plan would be a real estate developer turned reality TV star who now happens to occupy the White House. It's a sensitive subject for a White House that is telling Americans its proposed cuts to individual and corporate tax rates would aid the middle class and fuel stronger economic...

  • CHICAGO, April 27- United Airlines and the passenger who was dragged from a Chicago flight earlier this month have reached a settlement for an undisclosed sum, they said on Thursday, in the carrier's latest step to contain damage from an incident which has sparked international outrage. David Dao being dragged down the aisle of a United jet and Chief Executive...

  • NEW YORK— The Latest on Amtrak's repair work at Penn Station:. Chris Christie says he's satisfied with Amtrak's announcement that it is accelerating repair work at New York's Penn Station starting next month. Amtrak says it is accelerating repair work at New York's Penn Station beginning next month, and warns of further delays for already beleaguered...

  • *Oil slumps as Libya restarts oilfields. NEW YORK, April 27- A gauge of world stock markets slipped on Thursday as a three-day rally stalled in the wake of a largely expected U.S. tax cut plan, while the euro weakened after comments from European Central Bank President Mario Draghi. "Most folks were expecting a build in earnings acceleration and that's what we've got,"...

  • NEW YORK, April 27- U.S. Treasury prices rose on Thursday, as investors sought the safety of bonds in the face of doubts about President Donald Trump's unimpressive tax plan and persistent geopolitical tensions in North Korea and Syria. "Trump is proposing massive tax cuts and there is no indication that they would be revenue-neutral," said Marvin Loh, senior fixed...

  • April 27- Shares of port-operator Westshore Terminals Investment Corp recovered some lost ground on Thursday after dropping sharply a day earlier on news British Columbia had urged the government to ban U.S. coal exports from provincial ports in a trade spat. In a letter to Prime Minister Justin Trudeau, British Columbia Premier Christy Clark had asked the...

  • Gary Cohn said the standard deduction for a married couple would be doubled to $24,000. Cohn said the deduction would create "a zero tax-rate for the first $24,000." That sounds great, but very few families making $24,000 a year pay federal income tax, said Roberton Williams, a fellow at the nonpartisan Tax Policy Center.

  • A spokesman for EPA Administrator Scott Pruitt announced he would not be attending next week's Oklahoma Republican Party gala. The invitation for the May 5 fundraiser sent out by the state GOP specifically praised Pruitt's support for cutting federal regulations limiting planet-warming carbon emissions. "You do not want to miss Pruitt at this year's OKGOP...