Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The federal minimum wage has remained $7.25 per hour since 2009. But several states, and even some companies, have since taken matters into their own hands to pay employees a...Workread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
* Bainimarama says climate-change relocations are deeply emotional
* Climate change top threat to Australia's interests - poll
* Issue divides Australia's political parties ahead of May 18 vote
SYDNEY, May 8 (Reuters) - Fijian Prime Minister hit back on Wednesday at remarks by an Australian politician that Fijians should seek higher ground in response to rising seas, backed up by a poll showing Australian voters see global warming as their top threat.
Climate change has opened up a divide between Australia's major parties ahead of the May 18 election, which polls suggest the government will lose, but in the Pacific the issue is an existential security problem as rising water levels are already forcing villages to relocate.
In a speech in Melbourne, Fijian Prime Minister Frank Bainimarama said the climate crisis should rightfully play a role in voters' decision making, and then took aim at comments from tennis-champ-turned-government-lawmaker John Alexander.
The Sydney Morning Herald reported Alexander had told a voter forum last week that while Bainimarama had said Australia should stop burning coal, the priority should be helping move settlements in Fiji and its neighbours to higher ground.
"I do feel entitled to give a return serve," Bainimarama said on Wednesday. "The decision to relocate the Fijian community may seem like an easy one. But abandoning your home isn't some cold and calculated business decision.
"For those affected it is a deeply emotional loss... I am keen to hear what (Alexander) believes the people of Kiribati should do in the face of rising seas, where the highest point in their country sits at just 1.8 metres (6 ft) above sea level."
The speech came as campaigning for Australia's election reaches fever pitch.
The opposition Labor Party has promised a renewable energy target, increased adoption of electric vehicles and to make polluters buy credits to offset emissions, policies the ruling Liberal-National coalition has said are too expensive, while also pledging to reduce Australia's emissions.
Sydney-based think tank the Lowy Institute said Australians ranked climate change as the top of a list of possible threats to national interest, according to a poll of 2,130 adults it published on Friday.
The poll found 61 percent of Australians believe it should be addressed even if it involved significant costs. That was an increase of two percentage points from a year earlier, mostly driven by people aged between 18 and 44.
"I think Australians are responding to a policy vacuum on climate change in Australia, as well as the change in weather conditions," said Natasha Kassam, a research fellow at the Lowy Institute, told Reuters. (Reporting by Tom Westbrook; Editing by Nick Macfie)