Wires

  • WASHINGTON— President Donald Trump said he was protecting jobs as he officially pulled out from the proposed Trans-Pacific Partnership trade deal on Monday. White House spokesman Sean Spicer told reporters Monday that the decision to abandon TPP "ushers in a new era of U.S. trade policy in which the Trump administration will pursue bilateral trade...

  • WASHINGTON— Lawmakers from both parties on Monday admonished a federal ethics official who sent a series of tweets commenting on President Donald Trump's potential conflicts of interest. Members of the House Oversight and Government Reform Committee said the tweets by Walter Shaub Jr., director of the Office of Government Ethics, were inappropriate and...

  • ROME- ECB Board Member Peter Praet will participate in a panel discussion on "Break It: Today's Europe at Full Speed" at an international conference on " Europe 2017: Make it or break it?" LONDON- Czech central bank board member Vojtech Benda to attend the "ING Client Breakfast". German Finance Minister Wolfgang Schaeuble, Bundesbank chief Jens Weidmann and Bank of...

  • ROME- ECB Board Member Peter Praet will participate in a panel discussion on "Break It: Today's Europe at Full Speed" at an international conference on " Europe 2017: Make it or break it?" LONDON- Czech central bank board member Vojtech Benda to attend the "ING Client Breakfast. "German Finance Minister Wolfgang Schaeuble, Bundesbank chief Jens Weidmann and Bank of...

  • Jan 24- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE TIME COUNTRY AMOUNT AUCTION DETAILS. 24- Jan United States Sale of 2- year notes 24- Jan Japan Auction of 40- year government bonds 24- Jan Spain Auction of 3- and 9- month Treasury.

  • SEOUL, Jan 24- Samsung Electronics Co Ltd on Tuesday said fourth-quarter operating profit jumped 50 percent, matching its earlier guidance, as record earnings in its chips business masked the negative impact of its failed Note 7 phones. The world's biggest maker of smartphones and memory chips said October-December operating profit was 9.22 trillion won,...

  • CALGARY, Alberta/ TORONTO, Jan 23- A pipeline in the western Canadian province of Saskatchewan has leaked 200,000 liters of oil in an aboriginal community, the provincial government said on Monday. The government was notified late in the afternoon on Friday, and 170,000 liters of oil have since been recovered, said Doug McKnight, deputy minister in the Ministry of...

  • SEOUL, South Korea— Samsung Electronics says its fourth quarter earnings more than doubled over a year earlier thanks to its brisk chip business. The South Korean company said Tuesday it earned 7.1 trillion won during the October-December period, compared with 3.2 trillion won a year earlier. Analysts surveyed by FactSet, a financial data provider, expected...

  • SAN FRANCISCO— The Latest on a sentencing hearing for Pacific Gas& Electric Co. in a criminal case tied to a deadly blast in the San Francisco Bay Area:. Victims of a deadly natural gas pipeline explosion in the San Francisco Bay Area say they remain traumatized by the blast and want a judge to issue a sentence against Pacific Gas& Electric Co. that changes the...

  • SAO PAULO, Jan 23- Hackers who stole data from 29,000 clients of XP Investimentos SA allegedly tried to get the Brazilian independent securities firm to pay 22.5 million reais to keep the security breach secret, the online service of newspaper Valor Econômico said on Monday. The situation underscores growing risks facing financial firms in Brazil, which...

  • CHICAGO, Jan 23- Peabody Energy Corp's plan to emerge from Chapter 11 bankruptcy faces a "material risk" that the U.S. coal producer could suffer a $1 billion revenue loss due to a disputed lease at the world's largest coal mine, according to an objection filed to its reorganization plan. Oil and gas driller Berenergy Corp and Peabody hold overlapping federal...

  • Pai, a former Justice Department, FCC and Capitol Hill staffer, in December predicted landmark "net neutrality" rules adopted in 2015 would not last. The son of Indian immigrants who grew up in Kansas, Pai said the commission should take a "weed whacker" to unneeded rules and was harshly critical of many FCC regulations imposed during the Obama administration.

  • WASHINGTON, Jan 23- Dialing back the Volcker Rule that limits banks' ability to engage in speculative investments is a top priority for President Donald Trump's nominee for U.S. In written responses to questions posed by members of the U.S. Senate Finance Committee, Mnuchin said he would use his role as head of the interagency Financial Stability Oversight...

  • Protesters in Mexico who are upset about gas prices have occupied inspection lanes several times this month for vehicles entering from the U.S. At the request of the Mexican government, U.S. authorities have been blocking vehicles from entering Mexico. It was the third straight weekend that freeway access into Mexico has been blocked at San Ysidro.

  • *Dollar falls in early Asia on Mnuchin comments, lower yields. SYDNEY, Jan 24- The dollar hit the skids in Asia on Tuesday as U.S. Treasury Secretary nominee Steven Mnuchin told senators that he would work to combat currency manipulation but would not give a clear answer on whether he views China as manipulating its yuan.

  • DETROIT, Jan 23- Some of the most popular and profitable vehicles sold in the United States by Detroit's automakers are imported from Mexico, a reality that highlights the risks for the auto industry as the Trump administration pushes to overhaul trade policy. Under NAFTA, at least 62.5 percent of a passenger car or light truck's net cost must originate in North...

  • WASHINGTON, Jan 23- Endo International Plc said on Monday it has reached a proposed settlement with U.S. antitrust regulators under which it will not pay rivals to delay the introduction of generic competitors to its medications. The Federal Trade Commission had alleged Endo paid Impax Laboratories Inc to delay the introduction of a generic version of its...

  • MONTREAL, Jan 23- The outgoing chief executive of Canadian Pacific Railway Ltd, said to be in advanced talks with a partner to shake up CSX Corp, cannot hire any CP management except its chief of staff, according to details of an agreement published on Monday. Hunter Harrison "cannot solicit or hire the company's employees above the level of manager," apart from chief...

  • HSINCHU, Taiwan _ Silicon Motion Technology Corp. on Monday reported fourth-quarter net income of $26.2 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share. For the current quarter ending in April, Silicon Motion said it expects revenue in the range of $121 million to $128 million.

  • The Securities and Exchange Commission has opened a probe into whether Yahoo's data breaches should have been disclosed sooner to investors, the Wall Street Journal reported on Monday.. Operating results for the fourth quarter, featuring a 15 percent gain in revenue from a year ago, appeared to provide some belated vindication of embattled Yahoo CEO Marissa...