The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Trump does have some powerful tools that would not require approval from U.S. Congress.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
The Senate on Wednesday knocked down a proposal to repeal parts of the Affordable Care Act without an immediate replacement amid a chaotic string of health-care votes this week.
The amendment failed by a 45-55 margin, with seven Republican senators voting against it: Lamar Alexander of Tennessee, Shelley Moore Capito of West Virginia, Susan Collins of Maine, Dean Heller of Nevada, John McCain of Arizona, Lisa Murkowski of Alaska and Rob Portman of Ohio.
The vote comes amid a frantic period of debate and votes this week in the Senate as Republicans push to approve some form of Obamacare repeal. Senate Majority Leader Mitch McConnell hopes the chamber can finish work on a bill by the end of the week.
Later Wednesday, the Senate voted down two more proposals related to health care.
The first was a motion to send the bill back to committee to strike provisions that would harm individuals with disabilities. It failed 48-51 along party lines with Republican Sen. Ron Johnson missing the vote.
Only 10 senators voted for the second measure, a symbolic proposal known as the Heller amendment. It was intended to express a commitment to elements of existing law that allowed states to expand Medicaid to cover more people.
GOP senators voted Tuesday by the narrowest margin to start debate on possible options to overhaul the American health-care system and follow through on a key campaign promise that has marked most of the last decade. Party divisions and skepticism from both the conservative and more moderate sides of the GOP stalled multiple pushes to repeal Obamacare in recent weeks.
On Tuesday night, the Senate voted down a procedural measure seen as a proxy to gauge support for an Obamacare repeal-and-replacement plan that stalled out in the Senate in recent weeks. Nine Republicans opposed the measure, meaning it fell well short of the votes needed for approval.
A separate Democratic amendment to send the health-care plan to the Senate committees with instructions to shield the Medicaid program from cuts failed by a 48-52 party-line vote.
The "clean" repeal proposal the Senate rejected would have rolled back parts of the Affordable Care Act and implemented a two-year transition period for lawmakers to find a replacement. It is based on a plan that Congress passed in 2015 knowing that it would face President Barack Obama's veto.
Collins was the only current Republican senator to oppose the 2015 bill. Every other GOP senator who voted against the provision Wednesday supported the 2015 repeal proposal.
More moderate GOP senators have said they fear repealing without an immediate replacement because it could generate even more uncertainty in the American insurance market. The nonpartisan Congressional Budget Office estimated repealing without an immediate replacement would lead to 32 million more Americans uninsured by 2026 and cause average premiums to double.