General Electric’s GE Capital Financing Arm Asks US Government To Lift Its 'Too Big To Fail' Label
The designation put on GE Capital in 2013 can trigger possible requirements for it to hold comparatively more capital and be subject to strict oversight.
Chinese AI Team Plans To Challenge Google’s AlphaGo: State Media
Scientists from the China Computer Go team will issue a challenge to AlphaGo by the end of 2016, according to local media reports.
Islamic State Urges Attacks On German Chancellery, Bonn Airport: SITE Group
The Islamic State group posted pictures online calling for Brussels-style attacks in the country, according to the SITE intelligence group.
Westinghouse Expects To Sign India Reactor Deal In June: CEO
The deal would be the first nuclear commercial power project since the U.S. and India agreed in 2008 to cooperate in the civil nuclear arena.
Senator Pledges To Fight Limits On Encryption Protection
“Weakening strong encryption puts at risk millions of Americans, families and communities," Oregon's Ron Wyden said.
New Syrian Government Could Include Opposition, Assad Says
Opposition negotiators immediately dismissed the remarks, saying a deal could be reached only by establishing a transitional body.
Some Guantanamo Detainees To Be Transferred Soon, Source Says
A group to be transferred will include Tariq Ba Odah, a Yemeni man who has been on a long-term hunger strike, a source said.
Wells Fargo Quietly Plans To Disrupt Banking Business
Apparently endorsing the plans, Warren Buffett's Berkshire Hathaway increased its stake in the bank to 10 percent, regulatory filings said.
Asia Stocks Rise After Wall Street Gains, Dollar Sags
Meanwhile, the U.S. dollar's weakness has been a boon to the Australian and New Zealand dollars, which both soared to nine-month highs.
Yahoo To Allow Proxy Access For Board Nominations
Bylaws now let some investors nominate up to 20 percent of the company's board, according to a regulatory filing on Wednesday.
$15 Minimum Wage Plan Clears Key Panel In California
The state's Assembly Appropriations Committee approved the proposal on a party-line vote of 12-7 Wednesday.
US Routinely Seeks Apple, Google Help In Accessing Devices, ACLU Says
A report identifies 63 cases in which authorities sought to compel Apple or Google to help access data from devices seized in investigations.
US May Increase Troop Presence In Iraq, General Says
A decision by President Barack Obama could come within weeks, the chairman of the Joint Chiefs of Staff said Wednesday.
Chipotle Mexican Grill Seeks Trademark For ‘Better Burger,’ Suggesting New Restaurant Format Is In The Works
The burrito chain has sought a trademark for the name ‘Better Burger,’ suggesting that it has plans to open a new restaurant format.
Trump Poses Big Threat To Emerging Markets, US Fund Manager Says
The Republican would “destroy” share prices in Mexico and emerging markets closely linked to the U.S., a top fund manager said Wednesday.
Obama Commutes 61 Sentences, Bringing Total To 248
The move Wednesday reflects the president's push to reduce the number of people serving long sentences for non-violent crimes.
US To Deploy Armored Brigade Combat Teams To Europe
American military personnel will be sent to the region beginning in February 2017 to counter Russian aggression, the Pentagon said.
India’s Tata Steel Puts British Business Up For Sale [Video]
After a marathon board meeting in Mumbai, the Indian steel giant said the financial performance of the division had deteriorated sharply in recent months.
Judge Criticizes Clinton Email Setup [Video]
A second federal judge has taken the rare step of allowing a group suing for records from Hillary Clinton’s time as U.S. secretary of state to seek sworn testimony from officials.
GM Ignition Switch Verdict: General Motors Found Liable, But No Damages Awarded To Drivers
But a jury in Manhattan declined Wednesday to award damages to two people who said they were injured in a car accident caused by the defect.
New 'Star Wars' Documentary Premieres [Video]
Actor John Boyega reveals the identity of his most important critic while promoting the documentary in London.
Trump Drops Pledge To Back Republican Presidential Nominee Other Than Himself
Donald Trump’s signing of a loyalty agreement last year helped him gain credibility within the Republican National Committee.
ADP Report: Private Employers Added 200,000 Jobs In March, Above Economists’ Expectations
The new data come ahead of the U.S. Labor Department’s more comprehensive non-farm payrolls report on Friday.
France’s Hollande Drops Plans To Change Constitution
The plan's withdrawal is a major embarrassment for the Socialist French president, who had unveiled it only three days after militants killed 130 people in Paris.
Myanmar Swears In First President With No Army Ties In More Than 50 Years
Members of Aung San Suu Kyi's victorious National League for Democracy were in tears as Myanmar swore in its first president with no military ties in more than half a century.
Thousands Of Jobs At Risk As India’s Tata Steel Seeks British Exit
India's Tata Steel, Britain's largest steelmaker, said the financial performance of its U.K. arm had deteriorated substantially in recent months.
Oil Prices Rebound On Less-Than-Expected Build In Stocks
A weakening dollar also lent some support but concern that a two-month rally was fading in an oversupplied market put a ceiling on gains.
Global Shares And Bonds Rally, Dollar Off As Yellen Strikes Cautious Stance
Asian shares gained Wednesday as markets scaled back expectations for how fast and far U.S. interest rates might rise this year.
Mississippi Woman Pleads Guilty To Trying To Join Islamic State
Convictions for Islamic State group-related activity by Americans have become more frequent as more than 80 such cases work their way through federal courts.
New York Mulls Two-Tier Minimum Wage In Push For $15/Hour
State officials are said to be considering capping the wage floor in less affluent areas so they can raise it to $15 an hour in New York City.