Top News & Analysis Washington

  • *Wall Street weighed down by banks, energy stocks. NEW YORK, Sept 16- The possibility of a $14 billion fine for Deutsche Bank and a slide in oil prices hit financials and energy stocks on Friday, leading most global stock indexes lower. Stocks fell as investors dumped shares of banks in North America and Europe after the U.S. Department of Justice proposed Deutsche...

  • *Wall Street weighed down by banks, energy stocks. NEW YORK, Sept 16- A $14 billion fine for Deutsche Bank and a slide in oil prices hit financials and energy stocks on Friday, leading most global stock indexes lower. Stocks fell as investors dumped shares of banks in North America and Europe after the U.S. Department of Justice told Deutsche Bank to pay $14 billion to...

  • NEW YORK, Sept 16- U.S. The Labor Department said its Consumer Price Index rose 0.2 percent last month after being unchanged in July. "It certainly is another thing that could help them increase their trend towards normalization," said Mary Ann Hurley, vice president in fixed income trading at D.A.

  • The state's Liquor and Cannabis Board said Thursday it's paying the Washington Department of Agriculture more than $1 million to buy new equipment and hire two full-time workers to conduct the tests. Washington has required testing for mold and other impurities since it began allowing recreational pot sales in 2014. But like Colorado and Oregon, the other...

  • SEATTLE— Washington state adopted a new rule Thursday to limit greenhouse gas emissions from large carbon polluters, joining a handful of other states in capping emissions to address climate change. "When we consider the challenges our communities face from climate change, we are compelled to act," state Ecology Director Maia Bellon said at a news conference on...

  • LONDON, Sept 14- Online retailer Amazon brought Echo, its voice-activated smart home controls device to Britain and Germany on Wednesday, hoping the Star Trek-inspired gadget will replicate the success it has seen in the United States. The launch, the latest big marketing push in Britain by the retailer, is the first expansion of Echo outside the United States,...

  • CAPE CANAVERAL, Fla., Sept 12- Jeff Bezos on Monday unveiled a heavy-lift reusable rocket expected to compete against Elon Musk's SpaceX and other companies for commercial satellite launches before the end of the decade. Bezos' Kent, Washington- based Blue Origin space company is designing two versions of the rocket, named New Glenn, a nod to John Glenn, the first...

  • Sept 8- North Dakota's governor activated 100 National Guard troops on Thursday ahead of an expected ruling by a federal judge on a Native American tribe's request to halt construction of a crude oil pipeline that has drawn fierce opposition and protests. The $3.7 billion, 1,100- mile Dakota Access pipeline would carry oil from just north of land owned by the...

  • Sept 8- Samsung Electronics Co Ltd on Thursday asked a U.S. judge to allow the South Korean company to pay cargo handlers to remove its goods from Hanjin Shipping Co Ltd's vessels stationed near U.S. ports after the world's seventh-largest container carrier filed for bankruptcy. "There's no earthly reason why these parties should not be permitted to cut their...

  • *Spot gold faces resistance at $1,352 an ounce- technicals. NEW YORK/ LONDON, Sept 8- Gold fell on Thursday after the European Central Bank held interest rates at record lows but refrained from adding new stimulus as some investors had expected. Spot gold fell 0.6 percent to $1,337.4 an ounce by 2:39 p.m. EDT, with U.S. gold futures settling down 0.6 percent at...

  • Sept 7- Norwegian Air Shuttle ASA on Wednesday said it planned to start flights to Barcelona from four U.S. cities next summer, heightening competition with U.S. rivals to the popular tourist destination. The Barcelona flights underscore the ambitions of Europe's third-biggest budget carrier, which started New York- Paris flights in July, to rapidly expand its...

  • SAN FRANCISCO, Sept 6- Korean shipping line Hanjin Shipping Co Ltd won an order on Tuesday from a U.S. judge extending bankruptcy protections so its vessels can dock at U.S. ports without fear creditors will try take actions against the ships as they have in other countries. Bankruptcy Judge John Sherwood approved a motion by the world's seventh largest...

  • NEW YORK, Sept 5- Hermine, a storm that raked Florida with hurricane-force winds last week, drifted far off the U.S. East Coast on Monday, sparing the Middle Atlantic states but forcing some beach closures. Hermine is expected to begin weakening on Monday night as it moves northwest and then "meander slowly" off the New England coast into Wednesday, the National...

  • NEW YORK, Sept 5- Hermine, a storm that raked Florida with hurricane-force winds last week, drifted far off the U.S. East Coast on Monday, sparing the Middle Atlantic states but forcing some beach closures. Hermine is expected to begin weakening on Monday night as it moves northwest and then "meander slowly" off the New England coast into Wednesday, the National...

  • CAPE CANAVERAL, Fla., Sept 2- SpaceX said on Friday it would shift Florida flights to a nearly completed second site after damage to its launch pad on Thursday from the explosion of a rocket belonging to the space services company run by Elon Musk. The Federal Aviation Administration has sent seven people to Florida to supervise investigation of the disaster, said...

  • CAPE CANAVERAL, Fla., Sept 2- Damage to a launch pad from the explosion of a SpaceX rocket on Thursday may send the private space services company run by billionaire entrepreneur Elon Musk scrambling to finish a second Florida launch site, officials said on Friday. The Federal Aviation Administration has sent seven people to Florida to supervise investigation...

  • BRUSSELS, Sept 1- Other multinationals that do not employ as extreme Irish tax schemes as Apple Inc but shift profits via the country to tax havens could also be breaching EU rules, Competition Commissioner Margrethe Vestager said on Thursday. Apple's chief executive, Tim Cook, and Washington have denounced the Commission ruling as an unjust raid on tax that...

  • CAPE CANAVERAL, Fla., Sept 1- An explosion destroyed a Falcon 9 rocket belonging to Elon Musk's SpaceX and its cargo during preparations for a routine test firing at Cape Canaveral in Florida on Thursday, two days before it had been due to blast off and place a satellite in orbit. SpaceX said there were no injuries and that an "anomaly" during the static fire test...

  • CAPE CANAVERAL, Fla., Sept 1- An explosion destroyed a Falcon 9 rocket belonging to Elon Musk's SpaceX and its cargo during preparations for a routine test firing at Cape Canaveral in Florida on Thursday, two days before it had been due to blast off and place a satellite in orbit. SpaceX said there were no injuries and that an "anomaly" during the static fire test...

  • BRUSSELS, Sept 1- Other multinationals which do not employ as extreme Irish tax schemes as Apple but shift profits via the country to tax havens could also be breaching EU rules, Competition Commissioner Margrethe Vestager said on Thursday. She told Reuters in an interview that other firms' arrangements, which involve routing profits to Irish registered...