SF Fed Boss Eyes Two 2016 Rate Hikes, Fox Business Network Reports
Such steps would be the "right course" for the U.S. economy, John Williams said during a TV interview Thursday.
US Military Christens Self-Driving ‘Sea Hunter’ Warship
The 132-foot-long Sea Hunter is designed to cruise ocean waters for months at a time — with neither a crew nor remote control.
Chile Taxi Drivers Protest Against Uber As Regulations Remain Murky
Other recent protests against the ride-hailing service have taken place in Argentina, Brazil, Mexico, France and other nations.
Brazilian Security Forces Launch Anti-Terrorism Exercise Ahead Of 2016 Rio Olympics [Video]
The manuevers, which began this week, focus on the Rio de Janeiro area, where the Summer Games will be held later this year.
FBI Director Says Unlocking Method Won’t Work On Newer iPhones
The Justice Department said in March it had unlocked the San Bernardino shooter’s iPhone with the help of an unidentified third party.
US Job Market Firming Despite Anemic Economic Growth
Jobless claims have been below 300,000, a threshold associated with healthy labor market conditions, for 57 weeks, the longest stretch since 1973.
Seven & i’s 83-Year-Old CEO Quits After Board Rejects His Proposal
Veteran retail boss Toshifumi Suzuki, who brought 7-Eleven to Japan in the '70s, failed to get enough votes to replace the president of the group’s Seven-Eleven Japan.
Pacific Sunwear Files For Bankruptcy Protection
The company’s shares fell as much 42 percent to a record low of 5 cents in early morning trading on Thursday.
Valeant Pharmaceuticals International (VRX) Stock Price Surges After Firm Given Extra Month To File Annual Report
The embattled drugmaker said Thursday it has obtained approval from its lenders for an amendment and waiver to its credit facility.
Sweden Charges Man With Preparing Suicide Bombing
The 20-year-old man was detained in Turkey last June and sent back to Sweden.
China Asking For Terror Suspects List Ahead Of G20 Summit
China urged countries participating in the G20 summit in the Chinese city of Hangzhou to provide lists of possible terror groups and terrorists who might target the meeting.
Venezuela Decrees Fridays A Holiday To Ease Energy Crisis
A severe drought, coupled with what critics say is a lack of investment and maintenance in energy infrastructure, has hit the South American nation.
Iceland Government Appoints New PM, To Call Early Elections
Sigmundur David Gunnlaugsson quit to become the first global politician brought down by the Panama Papers leaks.
US Readies Bank Rule On Shell Companies Amid Data Leak Fury
The rule is expected to require banks to seek the identities of people behind shell-company account holders.
White House Declines To Back Encryption Legislation, Sources Say
Draft legislation from Sens. Richard Burr and Dianne Feinstein is expected to be introduced as soon as this week.
US Execs Urge Repeal Of ‘Religious Liberty’ Law In Mississippi
Critics of the Mississippi legislation include leaders of General Electric, PepsiCo and Dow Chemical.
Fed Minutes: FOMC Policymakers Debated An April Interest Rate Hike At Last Policy Meeting
The disclosure appeared in newly released minutes of the Fed’s March policy-setting meeting.
West Virginia’s ‘King Of Coal’ Gets Prison Time For Deadly Mine Blast
Don Blankenship was sentenced Wednesday after being convicted of conspiring to violate safety standards at a mine where 29 people died in 2010.
EU Executive Proposes Stronger Common Asylum System
The plan drew swift criticism Wednesday from the Czech Republic, highlighting deep divisions over refugee issues within the bloc.
Halliburton (HAL), Baker Hughes (BHI) Merger: US Files Lawsuit To Block Deal Between Oil Giants
The planned merger — facing opposition from the Justice Department — would combine the No. 2 and No. 3 oil services companies.
Amazon Chief Bezos Defends Corporate Culture In Letter To Shareholders
Amazon was the subject of a monthslong investigation by the New York Times, which depicted the company as having a bruising corporate culture.
Fighting Erupts Near Power Lines To Afghan Capital: Officials
The fighting broke up in an area in the north of the Afghan capital where battles destroyed power lines early this year.
Asian Shares Soft As Data Cast Shadow Over Global Economy
Financial news from the United States and Europe raised concerns early Wednesday in Japan.
US Inversion Curbs Kill $160B Pfizer-Allergan Deal
The planned merger of two drugmakers was canceled one day after the U.S. Treasury Department unveiled new rules against tax-dodging deals.
Rising US Inflation Would Take Bite Out Of Dollar, Financial Watchers Say
The perceived improbability of a Fed rate hike until at least June could mean higher prices will erode the dollar’s value, strategists say.
Pfizer May Abandon Deal For Allergan, Source Says
One hurdle for the merger: a U.S. decision to impose a three-year limit on foreign firms buying U.S. assets to protect a later inversion.
Samsung Looks To Stave Off Apple Push Into India
The South Korean company has been surging in India, the world's No. 2 smartphone market behind China, while Apple has been struggling.
Donald Trump Slams Ford Motor (F) Over Its Plan To Invest $1.6 Billion In Mexico To Build Small Cars
The automaker said Tuesday it plans to invest $1.6 billion to build more small cars in Mexico, starting in 2018.
WhatsApp Strengthens Encryption In Wake Of iPhone Case
The update, announced Tuesday, arrives amid a debate over how much access law enforcement should have to private messages.
US, Volkswagen May Not Reach Emissions Deal By April 21: Gov't Official
"Really robust" talks to resolve the automaker's emissions scandal were uncertain to produce an accord by April 21, the EPA chief said.