Top News & Analysis United States

  • ISTANBUL, March 23- Turkey's banking watchdog said it had launched an investigation into JP Morgan and other banks over complaints it received after the lira plunged more than 4 percent and the main share index fell sharply on Friday. The Capital Markets Board of Turkey also said it had launched a probe after receiving complaints that a JP Morgan report was "...

  • ISTANBUL, March 23- Turkey's banking watchdog said it had launched an investigation into JP Morgan and other banks over complaints it received after the lira plunged more than 4 percent and the main share index fell sharply on Friday. The Capital Markets Board of Turkey also said it had launched a probe after receiving complaints that a JP Morgan report was "...

  • OSLO, March 23- Rescue helicopters evacuated dozens of people from a luxury cruise ship which suffered engine failure on Saturday in stormy weather off the west coast of Norway, police and rescue workers said. Only 87 people had been evacuated by 1750 GMT, and the airlift was set to continue throughout the night, rescue service spokeswoman Borghild Eldoen said.

  • LONDON, March 23- British entrepreneur Mike Lynch vigorously denies new U.S. criminal charges against him, his spokesman said on Saturday ahead of a court case over the sale of his firm Autonomy which will begin in London next week. Lynch faces a new charge of securities fraud, which carries a maximum prison term of 25 years, as well as additional charges of wire...

  • Apple CEO Tim Cook speaks at the Anti-Defamation League's "Never is Now" summit in New York City, December 3, 2018

    Apple CEO Tim Cook said Saturday that he is "extremely bullish" about the global economy based on the amount of innovation underway.

  • President Donald Trump

    U.S. President Donald Trump has on many occasions said the trade imbalance between the U.S. and China is a sign that America is being "ripped off."

  • Jacob Frenkel, Chairman, JP Morgan Chase at the World Economic Forum in Davos, Switzerland.

    The U.S. Federal Reserve decided on Wednesday to hold interest rates steady and indicated that no more hikes will be coming this year.

  • Charlene Barshefsky, senior international partner at Wilmer Cutler Pickering Hale and Dorr LLP, speaks during the U.S.-China Investment Cooperation Forum on July 17, 2012.

    Charlene Barshefsky said it ultimately doesn't matter when the United States and China resolve their trade differences, as long as tensions don't escalate further.

  • BEIJING, March 23- Apple chief executive Tim Cook nudged China on Saturday to open up and said the future would depend on global collaboration, as the United States and China remained locked in a bitter trade dispute. "We encourage China to continue to open up, we see that as essential, not only for China to reach its full potential, but for the global economy to thrive,"...

  • China's President Xi Jinping (L) and US President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on November 9, 2017.

    When it comes to enforcing any prospective trade deal between the U.S. and China, Washington must treat its Chinese counterparts as "equals," according to Li Daokui of Tsinghua University.

  • Stephen A. Schwarzman, Chairman, CEO and Co-Founder of Blackstone speaks as United States President Donald Trump looks on.

    Steve Schwarzman, Blackstone's chief executive, was one of the key backers of the GOP after the 2016 election. He donated just over $12.8 million to the party last year.

  • Jean-Sebastien Jacques, chief executive officer of Rio Tinto

    The CEO of mining giant Rio Tinto Jean-Sébastien Jacques is not worried about China's slowing growth and says he's looking for more opportunities as Beijing seeks to stimulate its economy.

  • CHICAGO, March 22- Southwest Airlines Co is sending a team to review Boeing Co's software upgrade for its 737 MAX airplanes, a spokeswoman told Reuters on Friday, even as it prepares to park its 34 MAX jets at a facility near the California desert. Boeing's signature jet was grounded across the world last week following a deadly Ethiopian Airlines crash near Addis...

  • CHICAGO, March 22- Southwest Airlines Co is sending experts from its technical pilot and training teams to review documentation and training associated with Boeing Co's updated speed trim system on its 737 MAX aircraft, a spokeswoman told Reuters on Friday. Southwest, the largest operator of 737 MAX in the world, is also preparing to park its 34 MAX jets at a...

  • SAN FRANCISCO, March 22- The Federal Reserve's patient approach to monetary policy does not mean the U.S. central bank will not increase interest rates, or cut them, should the need arise, the president of the Atlanta Federal Reserve Bank, Raphael Bostic, said on Friday. "We may move up; we may move down," Bostic said in remarks prepared for delivery to a monetary policy...

  • ST. JOSEPH, Mo., March 22- Record floodwaters that submerged vast stretches of Nebraska and Iowa farmland along America's longest river reached a new crest on Friday at the waterfront city of St. Joseph, Missouri, forcing chaotic evacuations of thousands from low-lying areas. With emergency sirens blaring as the Missouri River rose to the top of the...

  • WASHINGTON/ CARACAS, March 22- The United States imposed sanctions on Friday on Venezuela's development bank, Bandes, a day after the Trump administration warned there would be consequences for the arrest by Venezuelan authorities of opposition leader Juan Guaido's top aide. Treasury said it was slapping the sanctions on Banco de Desarrollo Economico y...

  • 26- Mar United States Sale of 2- year notes. 26- Mar Italy CTZ/BTPi auction 26- Mar Japan Auction of 40- year government bonds 26- Mar Germany Auction of 2- year Treasury notes 27- Mar United States Sale of 2- year floating rate notes 27- Mar United States Sale of 5- year notes 27- Mar Italy Bills auction 27- Mar Sweden Auction of government bonds 27- Mar Norway...

  • President Donald Trump on Friday said he has decided against imposing new large-scale sanctions on North Korea in a confusing tweet that seemed to imply he was reversing measures against two Chinese shipping companies, a U.S. administration source familiar with the matter said. But there were no new U.S. sanctions on North Korea announced on Friday, leading...

  • March 22- Viacom Inc's bitter contract renewal talks with AT&T Inc's DirecTV that could see the blackout of MTV, Nickelodeon and Comedy Central by midnight Friday are weighing on a possible tie-up of CBS and Viacom, sources familiar with the discussions said. Although the boards of CBS and Viacom have not discussed or decided on pursuing a merger, these sources...