×

Wires

  • CARACAS, Oct 17- President Nicolas Maduro defended Venezuela's "secure" election system on Tuesday as opponents struggled to present a united front over allegations of fraud in a nationwide vote surprisingly won by the ruling socialists. Two losing opposition candidates, Henri Falcon in Lara state and Alejandro Feo La Cruz in Carabobo, have conceded defeat,...

  • *U.S. import prices rise to highest since June 2016. NEW YORK, Oct 17- The U.S. Yields on 5- year notes touched their highest level since Oct. 6 while 30- year yields fell to the lowest since Sept. 27.

  • NEW YORK, Oct 17- The dollar rose to a one-week high against a basket of currencies on Tuesday on speculation that U.S. Yields climbed as well on growing expectations that Trump favored Stanford economist John Taylor to head the U.S. central bank. Yellen so under his potential tutelage, the central bank might lift borrowing rates more aggressively, which would...

  • WASHINGTON— The Department of Veterans Affairs says it will proceed with a narrow waiver to a federal ethics law banning employees from receiving benefits from for-profit colleges. The move comes after VA abruptly dropped plans for a broader exemption, citing criticism from government watchdogs about conflicts of interest. VA spokesman Curt Cashour said...

  • *Catalan stance sets region on collision course with Madrid. BARCELONA, Oct 17- Catalonia refused on Tuesday to bow to the Spanish government's demand that it renounce a symbolic declaration of independence, setting it on a political collision course with Madrid later this week. Madrid has threatened to put Catalonia, which accounts for a fifth of Spain's...

  • WASHINGTON, Oct 17- Two U.S. senators on Tuesday announced a bipartisan breakthrough to shore up Obamacare, an agreement that would revive federal subsidies for health insurers, and President Donald Trump voiced support for the deal. The agreement worked out by Republican Senator Lamar Alexander and Democratic Senator Patty Murray would meet some...

  • WASHINGTON, Oct 17- U.S. financial regulators moved on Tuesday to make it easier for real estate deals to get done in areas of the country ravaged by recent hurricanes, in a bid to boost recovery efforts. Federal Reserve, Federal Deposit Insurance Corporation, National Credit Union Administration, and the Office of the Comptroller of the Currency.

  • *U.S.- Iran tension helps raise global risk premium for oil. Brent crude futures gained 6 cents, or 0.1 percent, to settle at $57.88 per barrel, while U.S. crude gained 1 cent to settle at $51.88. The Baghdad government recaptured territory across northern Iraq from Kurds on Tuesday, widening a campaign that has shifted the balance of power in the country.

  • CHICAGO— The Chicago Department of Aviation has fired two security officers who were involved in an incident in which a passenger was dragged off a United Airlines flight after refusing to give up his seat. Officials say one of those officers, a sergeant, also was part of an attempt to cover up some details of the incident that happened in April at Chicago's O'Hare...

  • *Wall Street mixed as Dow touches record but S&P negative. *Oil falls as U.S. production offsets Iraq output concerns. NEW YORK, Oct 17- U.S. stocks turned mixed on Tuesday on earnings reports, with the Down Jones Industrial Average breaching the 23,000 mark for the first time, while the U.S.

  • LOS ANGELES, Oct 17- Harvey Weinstein has resigned from the board of The Weinstein Company, Hollywood trade publication Variety reported on Tuesday, as he faces allegations that he sexually harassed or assaulted a number of women over three decades in the film business. Weinstein was fired as chief executive of Weinstein Co on Oct. 8 but remained on the board of...

  • Lauren Anderson, previously senior vice president of primetime programming at NBC who oversaw the hit shows "The Office" and " Parks and Recreation," will be chief content officer of the new studio, the companies said. The new studio's first deal is with Donut Studios, founded by brothers Mark and Jay Duplass, who have produced and acted in shows like HBO's "...

  • CARACAS, Oct 17- President Nicolas Maduro defended Venezuela's "secure" election system on Tuesday as opponents struggled to present a united front over allegations of fraud in a nationwide vote won handily by the ruling socialists. Despite anger over a crushing economic crisis, the Socialist Party confounded opinion polls to take 17 of 23 governorships in...

  • President Donald Trump has a pool of five candidates to choose from for the next chair of the Federal Reserve and is likely to announce his choice before going to Asia in early November, a source familiar with the situation said on Tuesday. The others consist of his chief economic adviser, Gary Cohn, along with former Fed Governor Kevin Warsh, Fed Governor Jerome...

  • Oct 17- Johnson& Johnson posted better-than-expected third-quarter earnings, raising its full-year forecast due to growth from new cancer drugs and high-margin treatments picked up in its $30 billion acquisition of Actelion earlier this year. Shares of J&J, part of the Dow Jones Industrial Average, rose 3.4 percent to $140.79 on Tuesday.

  • President Donald Trump on Tuesday signaled support for a bipartisan healthcare deal in the U.S. Senate, saying it was a short-term fix to get through a "very dangerous little period" but not the ultimate answer to U.S. healthcare needs. "The solution will be for about a year or two years," Trump told reporters at a joint news conference with Greek Prime Minister Alexis...

  • WASHINGTON— A Republican senator says he may seek to block President Donald Trump's nominees for key posts at the Environmental Protection Agency unless the administration backs off a proposed reduction in the volume of biofuels blended into gasoline and diesel. Chuck Grassley said in a phone call with Iowa reporters Tuesday he plans to speak with EPA...

  • NEW YORK— ABC's new drama about a surgeon on the autism scale, "The Good Doctor," is a bona fide hit. The Nielsen company said last week's episode airing Monday night was the most popular show on ABC. ABC's "Designated Survivor" more than doubled its audience with time-delayed viewing taken into account.

  • WASHINGTON, Oct 17- Republican Senator Lamar Alexander said on Tuesday he had reached a deal with Democratic Senator Patty Murray to stabilize Obamacare, including reinstating federal subsidies that President Donald Trump jettisoned last week. He added that the deal would be presented to Senate leaders but said he did not know if Republican leaders would...

  • BEIRUT, Oct 17- Iran is ready to do business with U.S. oil and gas companies, oil minister Bijan Zanganeh said on Tuesday, according to SHANA, the news site of the Iranian oil ministry. "American companies can come to Iran and benefit so Mr. His Iran strategy angered Tehran and put Washington at odds with other signatories of the accord- Britain, France, Germany, Russia,...