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Updated: 2 hours 17 min ago

Judge weighs fate of Missouri's only abortion clinic after court hearing

Wed, 06/05/2019 - 10:32am
A St. Louis judge said on Tuesday he will work quickly to decide whether Missouri's only abortion clinic can remain open after a hearing on a lawsuit aimed at forcing state health officials to renew the facility's license to perform the procedure.

Global recession fears grow as factory activity shrinks

Wed, 06/05/2019 - 10:30am
Factory activity slowed in the United States, Europe and Asia last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers to step up support.

Stocks, Treasuries climb on bets for U.S. rate cut

Wed, 06/05/2019 - 10:24am
Major world stock markets edged higher and the U.S. Treasuries market resumed its recent rally on Wednesday as investors bet that the U.S. Federal Reserve would cut interest rates and help boost a sluggish global economy.

Wall Street rises as weak ADP jobs data bolsters rate-cut bets

Wed, 06/05/2019 - 10:16am
U.S. stocks gained on Wednesday after data showed that the private sector added fewest jobs in May since 2010, raising the odds that the Federal Reserve would cut interest rates to counter a potential slowdown.

Oil slumps 4% on U.S. inventory build, equity rally caps losses

Wed, 06/05/2019 - 10:07am
Oil prices resumed their slide on Wednesday, with West Texas Intermediate crude futures (WTI) dropping more than 4% after U.S. crude inventories unexpectedly surged.

Republican, Democratic senators seek to block Trump Saudi arms sales

Wed, 06/05/2019 - 9:51am
Republican and Democratic U.S. senators said on Wednesday they would try to pass 22 separate joint resolutions that, if passed, would block President Donald Trump's plan to complete $8 billion in military sales to Saudi Arabia and the United Arab Emirates without congressional review.

Mexican president hopeful a deal with U.S. on tariffs can be reached

Wed, 06/05/2019 - 9:27am
Mexican President Andres Manuel Lopez Obrador said he is "optimistic" that talks in Washington aimed at averting across-the-board tariffs on Mexican exports to the United States can reach an agreement.

U.S. trade adviser Navarro: Mexico tariffs may not have to take effect

Wed, 06/05/2019 - 9:09am
White House trade adviser Peter Navarro said on Wednesday that U.S. tariffs on Mexican goods may not have to take effect because Washington now has Mexico's attention on the issue.

PM May's successor must ditch her EU deal and leave on Oct. 31: pro-Brexit Conservatives

Wed, 06/05/2019 - 9:05am
Prime Minister Theresa May's successor should abandon her Brexit deal and commit to taking Britain out of the European Union by Oct. 31, an influential pro-Brexit group of Conservative lawmakers said on Wednesday.

Trump says Prince Harry is a terrific guy, denies casting Meghan as 'nasty'

Wed, 06/05/2019 - 8:41am
U.S. President Donald Trump said Britain's Prince Harry was a terrific guy and denied casting his American-born wife, Meghan, as a nasty person, claiming media had distorted his words as he actually felt she was very nice.

Google, Facebook have tight grip on growing U.S. online ad market: report

Wed, 06/05/2019 - 8:38am
The U.S. internet advertising industry is projected to hit $160 billion by 2023 from $107 billion last year, led by fast-growing categories like mobile video with Alphabet Inc's Google and Facebook Inc firmly controlling the market, consultancy PwC said on Wednesday.

Biden, Sanders lead Trump in battleground state Michigan poll

Wed, 06/05/2019 - 8:30am
In an early sign of the potential weakness of U.S. President Donald Trump's path to reelection, two Democratic presidential primary frontrunners are outshining the incumbent Republican in a poll of Michigan voters released on Wednesday.

BMW and Jaguar Land Rover to jointly develop electric car parts

Wed, 06/05/2019 - 7:24am
BMW and Jaguar Land Rover on Wednesday said they will jointly develop electric motors, transmissions and power electronics, unveiling yet another industry alliance designed to lower the costs of developing electric cars.

Microsoft, Oracle team up on cloud services in jab at Amazon

Wed, 06/05/2019 - 7:18am
Microsoft Corp and Oracle Corp on Wednesday said they reached an agreement to make their two cloud computing services work together with high-speed links between their data centers, targeting big business users and uniting against cloud computing leader Amazon.com's Amazon Web Services.

PM favorite Johnson must broaden appeal to win any UK election: pollster

Wed, 06/05/2019 - 7:16am
Boris Johnson, frontrunner to replace Prime Minister Theresa May, cannot win a general election without broadening his appeal to floating voters who instinctively distrust him, Conservative polling specialist Robert Hayward said on Wednesday.

China paper cites drawn-out Korean War talks as reason not to bow to U.S.

Tue, 06/04/2019 - 11:06pm
China's determination to resist U.S. bullying in two years of negotiations to end the Korean War is a reason not to bow to Washington in bitter trade talks, a top Chinese newspaper suggested on Wednesday.

Asian stocks bounce on Wall Street's Fed cheer; dollar stays weak

Tue, 06/04/2019 - 10:19pm
Asian shares tracked Wall Street's rally on Wednesday, after U.S. central bank comments pointed to increasing prospects of an interest rate cut, boosting investor sentiment and pushing the dollar lower.

Apple asks developers to place its login button above Google, Facebook

Tue, 06/04/2019 - 10:10pm
Apple Inc will ask developers to position a new "Sign on with Apple" button in iPhone and iPad apps above rival buttons from Alphabet Inc's Google and Facebook Inc, according to design guidelines released this week.

House votes to protect 'Dreamer' immigrants amid White House opposition

Tue, 06/04/2019 - 9:59pm
The U.S. House of Representatives on Tuesday passed legislation to end the threat of deportation that has long hung over undocumented immigrants known as "Dreamers" who entered the United States when they were children.

Los Angeles homelessness rises sharply as housing crisis deepens

Tue, 06/04/2019 - 9:47pm
Los Angeles County's homeless population has swelled by 12% during the past year as a shortage of affordable housing deepens in and around America's second-largest city, pushing more people into poverty, a study released on Tuesday found.