Top News & Analysis Washington

  • Ray Dalio, founder of investment firm Bridgewater Associates, speaking at the WEF in Davos, Switzerland on Jan. 22, 2019.

    Other observers have dismissed the suggestion that China would sell U.S. Treasurys to gain an upper hand in the trade war.

  • President Donald Trump meets with China's President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019.

    Beijing has used both monetary and fiscal policies to limit the economic damage brought on by elevated U.S. tariffs.

  • But most of the estimated growth came from companies such as Broadcom Inc which make parts in the United States for Apple products and from third-party software developers making apps for Apple devices. Apple has countered that it spent $60 billion on products and services from U.S.-based suppliers in 2018 and plans to increase that to $350 billion by 2023..

  • Usa Flag In Blue Sky

    These big businesses are turning towards solar power in the U.S.

  • Aug 13- Amazon.com Inc is in late-stage talks to buy as much as 10% of India's Future Retail Ltd, Bloomberg reported on Tuesday, citing people familiar with the matter. Future Group is seeking a valuation of about 20 billion rupees from Amazon for the stake, according to the report. Seattle- based Amazon was also in talks with Reliance Industries Ltd's retail unit to...

  • Aug 11- A boy accidentally killed by his father during a fishing trip in Montana. A woman dead and her husband behind bars after a single gunshot in a Dallas hotel room. During the week bookended by mass shootings in Gilroy, California; El Paso, Texas; and Dayton, Ohio, in which gunmen killed 34 people, hundreds of others were shot to death across 47 U.S. states, according to...

  • The U.S. Environmental Protection Agency move comes four months after President Donald Trump ordered the EPA to change a section of the U.S. In its 163- page proposal, the EPA said a state or authorized tribe must act on a Section 401 certification request "within a reasonable period of time, which shall not exceed one year" and "must be limited to considerations of...

  • It comes four months after President Donald Trump ordered the EPA https://www.reuters.com/article/us-usa-trump-energy/trump-signs-orders-targeting- s t a t e s- p o w e r- t o- s l o w- e n e r g y- p r o j e c t s- i d U S K C N 1 R M 0 6 V to change a section of the U.S. In its 163- page proposal, the EPA said a section 401 review "must be limited to considerations of water quality."

  • Tonghai Port Area in Nantong, China's Jiangsu province.

    Beijing says U.S. dollar-denominated exports in July rose 3.3% from a year ago while imports fell 5.6% during the same period.

  • Zillow spent $240.7 million at its home segment business in the quarter to earn revenue of $248.9 million as it expands its Zillow Offers, which marked a shift to become a buyer and seller of homes from just being an online platform to buy and sell homes. Zillow Offers, which is currently available in 15 cities in the United States, is looking to launch in the...

  • Zillow Offers is available in 15 cities in the United States and gives an instant cash offer directly to the home owner based on a property valuation model and sells it after minor repairs. The Seattle- based company's revenue jumped 84% to $599.6 million, beating the average analyst estimate of $584.9 million, according to IBES data from Refinitiv.

  • U.S. banknotes and Chinese yuan notes.

    China's yuan has received greater attention in recent days after Beijing allowed the currency to weaken past 7 per dollar.

  • NEW YORK/ PARIS, Aug 6- Barneys New York Inc filed for bankruptcy protection on Tuesday and put itself up for sale, pushed to the brink by falling revenue and soaring rent at its stores that caused many vendors to effectively stop shipping merchandise to the luxury department store chain. "We do not have a white knight as we stand here right now," said Joshua Sussberg, a...

  • President Donald Trump sued California on Tuesday over a new law requiring presidential candidates to release their tax returns to run in the state's primary elections. The lawsuit follows a similar one filed by Judicial Watch, a Washington- based conservative legal group, on behalf of four voters registered in California- two Republicans, a Democrat and an...

  • Aug 6- U.S. department store operator and fashionista favorite Barneys New York Inc filed for bankruptcy protection on Tuesday and put itself up for sale, underscoring how even luxury retailers are struggling to freshen their image and compete with online rivals. The nearly century-old chain, best known for swanky shop windows on New York's Madison Avenue,...

  • HONG KONG, Aug 6- Huawei Technologies said it was seeking compensation from its contract manufacturer Flex Ltd for illegally withholding some 400 million yuan worth of its goods in the wake of a U.S. trade ban on the Chinese firm. In the letter, Huawei says Flex's Chinese unit "disregarded Chinese law" by refusing to return production equipment, raw materials and...

  • U.S. President Donald Trump attends a bilateral meeting with China's President Xi Jinping during the G-20 leaders summit in Osaka, Japan, June 29, 2019.

    Beijing allowed its currency to weaken past an important level. That led the U.S. to label China a currency manipulator.

  • Barneys secured $75 million in new financing from affiliates of Hilco Global and the Gordon Brothers Group to help it keep operating as it navigates the bankruptcy court, it said in a statement. The retailer will close its physical stores in Chicago, Las Vegas and Seattle, along with five smaller concept stores and seven Barneys Warehouse locations.

  • Aug 6- U.S. luxury department store chain Barneys New York Inc filed for Chapter 11 bankruptcy protection to restructure its business and pursue a sale, the New York Times reported early on Tuesday. The company plans to close stores in 15 of its 22 locations, including those in Chicago, Seattle and Las Vegas, as well as most of its outlets, it added.

  • Aug 6- U.S. luxury department store chain Barneys New York Inc filed for Chapter 11 bankruptcy protection to restructure its business and pursue a sale, the New York Times reported on Tuesday. Barneys struck a deal for $75 million in additional financing with two firms, Gordon Brothers and Hilco Global, to help it keep operating while it navigates bankruptcy...