FILE PHOTO: The logo of Lockheed Martin is seen at Euronaval, the world naval defence exhibition in Le Bourget near Paris, France, October 23, 2018. REUTERS/Benoit Tessier (Reuters) – Defense contractor Lockheed Martin Corp (LMT.N) said on Friday it plans to increase the workforce at its Milwaukee facility by more than 15% this year. The
, NEW YORK (Reuters) – Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE) said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to slash development and manufacturing costs while positioning VW as the initial winner. Ford President and CEO Jim Hackett (R) and Volkswagen AG CEO
NEW ORLEANS (Reuters) – New Orleans officials warned city residents to stock up on supplies and prepare to shelter in their homes on Friday as “life-threatening” Tropical Storm Barry was poised to come ashore as possibly the first Atlantic hurricane of 2019. While the tempest did not yet have hurricane-force winds, it was forecast to
WASHINGTON (Reuters) – The U.S. House of Representatives approved a $733 billion defense policy bill on Friday, defying President Donald Trump’s veto threat by including provisions like a clampdown on funding for his planned wall on the border with Mexico. FILE PHOTO: U.S. President Donald Trump listens to Attorney General Bill Barr as he and
FILE PHOTO: Britain’s Prime Minister Theresa May delivers a speech at headquarters of Joint Forces Command in Northwood, London, Britain July 8, 2019. Matt Dunham/Pool via REUTERS LONDON (Reuters) – British Prime Minister Theresa May said she will leave her job this month with a mixture of pride and disappointment after failing in her central
SHANGHAI (Reuters) – Asian shares veered between small losses and gains on Friday as investors awaited key China trade and lending data, and as worries over Sino-U.S. trade tensions countered optimism rooted in expectations of a Federal Reserve rate cut this month. FILE PHOTO: Passerbys walk past an electric screen showing Asian markets indices outside
(Reuters) – A bill that would give Puerto Rico a substantial boost in federal Medicaid funding advanced out of a U.S. House subcommittee on Thursday after lawmakers agreed to work on stricter safeguards for the money in the wake of a government corruption scandal in the island territory. FILE PHOTO: Governor of Puerto Rico Ricardo
NEW YORK (Reuters) – Oil prices steadied on Thursday as OPEC forecast slower demand for its crude next year, with crude futures easing from their highest in more than a month after U.S. producers cut nearly a third of their output in the Gulf of Mexico ahead of what could be one of the first
FILE PHOTO: White House senior adviser Jared Kushner is interviewed by Reuters at the Eisenhower Executive Office Building in Washington, U.S., June 20, 2019.REUTERS/Kevin Lamarque WASHINGTON (Reuters) – The Democratic-led U.S. House Judiciary Committee on Thursday voted to authorize subpoenas for a dozen witnesses including President Donald Trump’s son-in-law and adviser, Jared Kushner. The vote
FILE PHOTO: U.S. Army Gen. Mark Milley testifies before a Senate Armed Services Committee hearing on his nomination to be chairman of the Joint Chiefs of Staff on Capitol Hill in Washington, U.S., July 11, 2019. REUTERS/Leah Millis WASHINGTON (Reuters) – U.S. President Donald Trump’s nominee to become his top military adviser told Congress on
TAOYUAN, Taiwan (Reuters) – Taiwan President Tsai Ing-wen left for the United States on Thursday on a trip that has angered Beijing, warning democracy must be defended and the island faced threats from “overseas forces”, in a veiled reference to China. FILE PHOTO: Taiwan President Tsai Ing-wen attends a ceremony to sign up for Democratic
(Reuters) – Federal Reserve officials argued the pros and cons of a possible policy tool that allows banks to borrow from the U.S. central bank using Treasuries and other securities as collateral, minutes of the Fed’s June policy meeting released on Wednesday showed. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in
WASHINGTON (Reuters) – U.S. Labor Secretary Alexander Acosta on Wednesday defended a non-prosecution agreement he approved more than 10 years ago with financier Jeffrey Epstein, who has now been charged with sex trafficking in underage girls. U.S. Labor Secretary Alexander Acosta makes a statement on his involvement in a non-prosecution agreement with financier Jeffrey Epstein,
WASHINGTON (Reuters) – A Guatemalan asylum seeker left some members of a U.S. House panel visibly shaken on Wednesday with the story of her daughter’s death, saying the toddler had contracted a deadly lung infection during a 20-day detention near the U.S. border with Mexico. Yazmin Juarez, mother of 19-month-old Mariee, who died after detention
CHICAGO (Reuters) – Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland Co (ADM.N) and Bunge Ltd (BG.N) for a second straight quarter, adding to headwinds from a still-unresolved U.S.-China trade war, analysts and economists said. Water stands next to a field of crops near Putnam County, Illinois, U.S. July
FILE PHOTO: U.S. Labor Secretary Alexander Acosta speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, U.S., April 9, 2019. REUTERS/Jeenah Moon WASHINGTON (Reuters) – U.S. Labor Secretary Alexander Acosta will hold news conference later on Wednesday to address the 2008 plea deal with financier Jeffrey Epstein that he made