The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
Trump said oil would be released if needed to keep the market well supplied and he would expedite the approval of pipelines in Texas and other states.Marketsread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread more
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
The U.S. policy of trying to persuade North Korea to give up its nuclear weapons "is probably a lost cause" and the best that could be hoped for is a cap on the country's nuclear capability, the Director of U.S. National Intelligence James Clapper said on Tuesday.
However, underscoring conflicting views in the Obama administration, the State Department said U.S. policy was unchanged and continued to be to seek the "verifiable denuclearization" of the Korean peninsula.
President Barack Obama has repeatedly stated that the United States will never accept North Korean as a nuclear-armed state.
Clapper made clear at an event at the Council on Foreign Relations think tank in New York he did not think that the policy the administration has stuck to, in spite of repeated North Korean nuclear tests, was realistic.
"I think the notion of getting the North Koreans to denuclearize is probably a lost cause," Clapper said at the Council on Foreign Relations think tank in New York. "They are not going to do that - that is their ticket to survival."
Pyongyang has persisted with its missile and nuclear weapons programs, including a Sept. 9 nuclear explosion, despite strong international sanctions.
Clapper said he got a good taste of how the world looks from North Korea's viewpoint when he went to Pyongyang on a mission in 2014 to secure the release of two Americans held there.
"They are under siege and they are very paranoid, so the notion of giving up their nuclear capability, whatever it is, is a non-starter with them," he said.
"The best we could probably hope for is some sort of a cap, but they are not going to do that just because we ask them. There's going to have to be some significant inducements."
U.S. State Department spokesman John Kirby said he had not seen Clapper's remarks but told a regular news briefing in Washington that the administration did not believe denuclearization was a lost cause.
"No, nothing's changed that's not our position. Our policy objective is to seek to obtain a verifiable denuclearization of the Korean peninsula. That is the policy; that is both the goal and what we want to see and there is a way to do that."
Clapper also said it bothered him that the United States was not capitalizing on using information as a weapon against North Korea.
"That's something they worry about a lot ... That is a great vulnerability I don't think we have exploited. Right now, we are kind of stuck on our narrative and they are kind of stuck on theirs."
'Worst case' scenario
Clapper was asked if he thought North Korea could mount a nuclear warhead on a missile that can reach the West Coast of the United States and reiterated the intelligence assessment that this had to be a "worst-case assumption."
He said North Korea had yet to test its KN08 intercontinental ballistic missile, so neither North Korea nor the United States knew whether it worked.
"Nevertheless, we ascribe to them the capability to launch a missile that would have a weapon on it to reach parts of the United States, certainly including Alaska and Hawaii," he said.
"They could do it. We have to make the worst-case assumption here."