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Business John Thune

  • WASHINGTON, Oct 18- A bipartisan deal from two senators to stabilize Obamacare by restoring subsidies to health insurers suffered major setbacks on Wednesday with the White House saying President Donald Trump now opposes it and senior Republicans speaking out against it. House of Representatives Speaker Paul Ryan, Senate Finance Committee Chairman Orrin...

  • WASHINGTON, Oct 18- A bipartisan deal from two senators to stabilize Obamacare by restoring subsidies to health insurers suffered major setbacks on Wednesday with the White House saying President Donald Trump now opposes it and senior Republicans speaking out against it. House of Representatives Speaker Paul Ryan, Senate Finance Committee Chairman Orrin...

  • WASHINGTON, Oct 18- A bipartisan deal from two senators to stabilize Obamacare by restoring subsidies to health insurers suffered major setbacks on Wednesday with the White House saying President Donald Trump now opposes it and senior Republicans speaking out against it. On Tuesday, Trump said the White House was involved in the negotiations and that the...

  • WASHINGTON, Oct 18- A bipartisan deal from two U.S. senators to stabilize Obamacare by restoring subsidies to health insurers ran into trouble on Wednesday with the White House saying President Donald Trump now opposes it and a senior Senate Republican saying it has stalled. On Tuesday, Trump said the White House was involved in the negotiations and that the...

  • WASHINGTON— Senior congressional Republicans say they are open to considering legislation banning "bump stocks" like the shooter in Las Vegas apparently used to make semi-automatic rifles perform more like fully automatic weapons. The comments from lawmakers including the No. 2 Senate Republican, John Cornyn of Texas, marked a surprising departure from GOP...

  • WASHINGTON, Oct 4- A U.S. Senate panel on Wednesday unanimously gave the green light to a bill aimed at speeding the use of self-driving cars without human controls, a measure that also bars states from imposing regulatory road blocks. The bill still must clear a Senate vote, but it appears on track to passage. The Senate Commerce, Science and Transportation...

  • WASHINGTON, Oct 4- A U.S. Senate panel on Wednesday unanimously gave the green light to a bill aimed at speeding the use of self-driving cars without human controls, barring states from imposing regulatory road blocks. After unanimous approval by the Commerce, Science and Transportation Committee, the full Senate must take up the bill. Like the House bill, the...

  • Oct 3- Yahoo on Tuesday said that all 3 billion of its accounts were hacked in a 2013 data theft, tripling its earlier estimate of the size of the largest breach in history, in a disclosure that attorneys said sharply increased the legal exposure of its new owner, Verizon Communications Inc.. The news expands the likely number and claims of class action lawsuits by...

  • WASHINGTON, Oct 3- The chairman of the U.S. Senate Commerce Committee said on Tuesday he plans to hold a hearing later this month over massive data breaches at Equifax Inc and Yahoo, which is now owned by Verizon Communications Inc.. Senator John Thune said he will ask witnesses from the two firms whether "new information has revealed steps they should have taken...

  • WASHINGTON, Oct 3- A coalition of auto safety advocates criticized a bill before the U.S. Congress that would allow automakers eventually to sell up to 100,000 self-driving vehicles annually if they could demonstrate they are as safe as current vehicles. Senator John Thune, a Republican who chairs the Commerce Committee, and Senator Gary Peters, a Michigan...

  • The former Justice Department, FCC and Capitol Hill staffer has been moving swiftly to undo many of the regulations adopted by the FCC during the Obama administration since assuming the chairmanship and vowed in December to take a "weed whacker" to unneeded rules. Pai pledged in a statement on Monday to continue to focus "on bridging the digital divide, promoting...

  • WASHINGTON, Sept 28- A U.S. trucking group said Thursday it was disappointed that a compromise bill to advance self-driving cars and eliminate regulatory roadblocks will not include larger vehicles. Senator John Thune, a Republican who chairs the Commerce Committee, and Senator Gary Peters, a Michigan Democrat, said they had reached agreement on legislation...

  • WASHINGTON, Sept 27- Two U.S. senators said late on Wednesday that they had reached a bipartisan deal on legislation aimed at easing hurdles to getting self-driving cars to drivers. Senator John Thune, a Republican who chairs the Commerce Committee, and Senator Gary Peters, a Michigan Democrat, said they had reached a deal on the legislation that would be voted on...

  • WASHINGTON, Sept 27- Two key U.S. senators said late on Wednesday they had reached a bipartisan deal on sweeping legislation aimed at easing hurdles to getting self-driving cars to drivers. Senator John Thune, a Republican who chairs the Commerce Committee, and Senator Gary Peters, a Michigan Democrat, said they reached a deal on the legislation that will be voted...

  • Republicans on Tuesday fell short yet again in their seven-year drive to repeal Obamacare, in a bitter defeat that raises more questions about their ability to enact President Donald Trump's agenda. "We basically ran out of time," said Senator Ron Johnson, a co-sponsor of the measure with Senators Bill Cassidy, Lindsey Graham and Dean Heller.

  • Republicans on Tuesday fell short yet again in their seven-year drive to repeal Obamacare, in a bitter defeat that raises more questions about their ability to enact President Donald Trump's agenda. "We basically ran out of time," said Senator Ron Johnson, a co-sponsor of the measure with Senators Bill Cassidy, Lindsey Graham and Dean Heller.

  • WASHINGTON, Sept 26- A Republican attempt to dismantle Obamacare fell apart in the U.S. Senate on Tuesday for the second time in two months in a serious defeat for President Donald Trump's domestic agenda. "We basically ran out of time," said Senator Ron Johnson, a co-sponsor of the measure with Senators Bill Cassidy and Lindsey Graham, who told reporters the party...

  • *Trump endorses bill, but it is unclear it can pass Senate. President Donald Trump, who has expressed frustration at the Senate's failure thus far to pass legislation dismantling Obama's signature legislative achievement, said "47 or 48" Republicans back the bill, which needs 50 votes for passage in the 100- seat Senate, which his Republican Party controls 52-48..

  • WASHINGTON, Sept 19- U.S. Senate Republicans have reached a tentative budget deal that could allow tax reform legislation to eliminate as much as $1.5 trillion in revenues over 10 years through tax cuts, raising the odds that their planned tax overhaul would expand the federal deficit. Two members of the Senate Budget Committee, Republicans Pat Toomey and Bob...

  • WASHINGTON, Sept 19- U.S. Senate Republicans have reached a tentative budget deal that could allow tax reform legislation to eliminate as much as $1.5 trillion in revenues over 10 years through tax cuts, raising the odds that their planned tax overhaul would expand the federal deficit. The prospective tax cuts are part of closed-door talks among 12 Senate...