US Seeks Arab Force and Funding for Syria
Wall Street Journal–10 hours ago
WASHINGTON—The Trump administration is seeking to assemble an Arab force to replace the U.S. military contingent in Syria and help stabilize the northeastern part of the country after the defeat of Islamic State, …. —Jared Malsin in Cairo and Dion Nissenbaum in Washington contributed to this article.
US Cuts Off China’s ZTE From American Tech for Seven Years
Bloomberg–5 hours ago
The Commerce Department determined ZTE, which was previously fined for shipping telecommunication equipment to Iran and North Korea, subsequently paid full bonuses to employees who engaged in the illegal conduct, failed to issue letters of reprimand and lied about the practices to U.S. authorities, …
US Wants to Retaliate Against China’s Restrictions on American …
Wall Street Journal–14 hours ago
Beijing requires U.S. cloud-computing firms, such as Amazon.com Inc. and Microsoft Corp. to form joint operations with Chinese companies and license their technology to the Chinese partners. The USTR has said in reports on Chinese trade practices that Beijing withholds licenses that would allow U.S. …
Judge Slows US Review of Trump Lawyer’s Records: Cohen Update
Bloomberg–15 hours ago
There are two threads of argument in the courtroom. Lawyers for Trump and Cohen are arguing for a process that insures that attorney-client privilege is preserved. The government is saying that it has an option that would preserve due process, but without bogging down. McKay, the assistant U.S. attorney, …
First Commercial LNG Cargo From US East Coast Hits the Seas
Bloomberg–16 hours ago
The first export of natural gas from the U.S. East Coast has set sail. Dominion Energy Inc.’s Cove Point terminal in Maryland shipped its first commercial cargo of liquefied natural gas Monday, officially bringing the total number of U.S. exporters of the super-chilled fuel to two. The company last week said the …
US-Russia Tensions Catch Up With Metals Tycoon Oleg Deripaska
Wall Street Journal–13 hours ago
On April 6, Mr. Deripaska’s ties to Mr. Putin became his biggest liability. The Trump administration levied sanctions against him and more than three dozen other Russian officials, tycoons and companies in response to what it calls Russia’s “malign activity,” including meddling in U.S. elections, which Russia …
Syria Strikes Lock US and Russia Into New Era of Animosity
Bloomberg–Apr 16, 2018
Speaking at an emergency session of the United Nations Security Council Saturday, hours after the U.S., France and the U.K. launched missiles intended to take out Syria’s chemical weapons capability, American Ambassador Nikki Haley called on Russia — the main backer of the Syrian regime — “to take a …
US Supreme Court Weighs South Dakota E-Commerce Sale Tax Fight
U.S. News & World Report–6 hours ago
U.S. Supreme Court Weighs South Dakota E-Commerce Sale Tax Fight … WASHINGTON (Reuters) – The U.S. Supreme Court on Tuesday will consider whether to let states force out-of-state online retailers to collect sales taxes on purchases in a fight potentially worth billions of dollars pitting South Dakota …
US Libor Replacement, Two Weeks After Debut, Has Some Issues
Bloomberg–16 hours ago
While Libor has relied on input from bankers, SOFR is an overnight rate based specifically on overnight loans collateralized by U.S. Treasuries. As part of the transition plan, CME Group Inc. plans to launch monthly and quarterly SOFR futures on May 7, pending regulatory review. Development of a deep …
Police Expected to Take Stand in Cosby Trial
U.S. News & World Report–3 hours ago
Her mother Gianna Constand also took the stand on Monday, when she told the court that her daughter was “not the same” when she returned to Canada from the United States in the wake of her alleged assault. Andrea Constand is one of about 50 women who have accused Cosby of assaults dating back …
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