Washington Financial News

10.03 / 19:13

markets Food Experts show patient medicines International Maker of much-debated ALS drug says it may stop selling it after study showed it didn't work

The maker of a much-debated drug for Lou Gehrig's disease said it failed to help patients with the fatal disease

10.03 / 19:11

UPS Provident FIVE Bill Justice Department Congress passes first package of spending bills just hours before shutdown deadline for key agencies

The Senate has approved a $460 billion package of spending bills in time to meet a midnight deadline for avoiding a shutdown of many key federal agencies

10.03 / 19:11

COST Citizens country rights International mountaineering Romania wins legal battle against a Canadian miner over failed plans to open a gold mine

The Romanian government has won a yearslong legal dispute with a Canadian mining company seeking damages over failed plans to open a gold and silver mine in the Eastern European country

10.03 / 19:11

UPS Provident FIVE Bill President Justice Biden signs a package of spending bills passed by Congress just hours before a shutdown deadline

President Joe Biden has signed into law a package of spending bills passed by the Senate in time to avoid a shutdown of many key federal agencies

10.03 / 13:25

Williams Fighting security Southern President country Department US military airlifts embassy personnel from Haiti, bolsters security

U.S. military said on Sunday it has carried out an operation in Haiti to airlift non-essential embassy personnel from the country and added U.S. forces bolster embassy security, as Caribbean nation reels under a state of emergency. The operation was the latest sign of Haiti's troubles as gang violence threatens to bring down the government and has led thousands to flee their homes. «This airlift of personnel into and out of the embassy is consistent with our standard practice for embassy security augmentation worldwide, and no Haitians were on board the military aircraft,» the U.S. military's Southern Command said in a statement.

10.03 / 12:31

Provident Target Manufacturing security economy reports Relationships Shanghai Zhenhua denies posing cybersecurity risk to US ports

BEIJING (Reuters) — Shanghai Zhenhua Heavy Industries (ZPMC) said on Sunday its cranes do not pose a cybersecurity threat, after U.S. congressional committees questioned the Chinese state-owned company's work on cranes bound for the United States.

10.03 / 05:03

President pop 2020 rights Colleges surfing Why it's hard to explain Joe Biden's unpopularity

Joe Biden is one of the most unpopular presidents in modern American history. In Gallup polling, his approval ratings are lower than those of any president embarking on a reelection campaign, from Dwight Eisenhower to Donald Trump. Yet an air of mystery hangs around his lousy polling numbers. As The Washington Free Beacon's Joe Simonson noted recently, just surfing around most U.S. media and pop culture, you probably wouldn't realize that Biden's job approval ratings are quite so historically terrible, worse by far than Trump's at the same point in his first term.

09.03 / 20:13

Cooper Airlines Boeing President reports Investigations Boeing says it can't find work records related to door panel that blew out on Alaska Airlines flight

that blew out on an Alaska Airlines flight over Oregon two months ago. “We have looked extensively and have not found any such documentation," Ziad Ojakli, Boeing executive vice president and chief government lobbyist, wrote to Sen. Maria Cantwell on Friday.

09.03 / 00:37

markets wellness Bill Trade shooting Sporting US judge rejects challenge to Washington state law that could hold gun makers liable for shootings

one of three bills signed by Democratic Gov. Jay Inslee last year seeking to address gun violence. It requires the industry to exercise reasonable controls in making, selling and marketing weapons, including steps to keep guns from being sold to people known to be dangerous or to straw buyers.

08.03 / 22:21

security ByteDance TikTok Bill Justice Department Videos TikTok divestment bill would give government stronger legal position, US DOJ says

By David Shepardson

08.03 / 19:39

COST Provident economy Election President Interviews Yellen says Biden's proposed housing tax credits could boost supply

By David Lawder and Susan Heavey

08.03 / 16:17

Platform security ByteDance TikTok Bill President rights Bill that could make TikTok unavailable in the US advances quickly in the House

A bill that could lead to the popular video-sharing app TikTok being unavailable in the United States is quickly gaining traction in the House

08.03 / 13:47

UPS Reuters economy pandemic show reports Department US job growth accelerates in February; unemployment rate rises to 3.9%

By Lucia Mutikani

08.03 / 12:29

Mobile ByteDance TikTok Bill Celebrity gatherings Videos A TikTok Stunt Motivates Lawmakers to Take on the App

WASHINGTON—U.S. lawmakers are mounting their most serious attempt to effectively either ban popular video app TikTok or separate it from its Chinese owner, advancing a bill that has more political momentum than previous attempts. As lawmakers prepared to consider the legislation on Thursday, users of the app, which is accessed by more than 170 million Americans, saw notifications urging them to complain to their House representative about the bill.

08.03 / 05:15

markets UPS economy Remark pandemic show reports US jobs report for February is likely to show that hiring remains solid but slower

The nation’s economy likely produced another month of healthy hiring in February, once again brushing aside the effects of high interest rates with unexpected ease

08.03 / 04:37

Platform Yellow President show audience blues rights Trump shirts, Ceasefire pins are State of the Union fashion

By Trevor Hunnicutt

08.03 / 04:23

Waves Target Gap War track country International China’s satellites are improving rapidly. The PLA will benefit

When China launched the Yaogan-41 satellite into space late last year, it travelled further than most such objects. Reconnaissance satellites tend to sit in low-Earth orbit (LEO), whizzing around the planet between 11 and 16 times a day (see chart 1). But Yaogan-41 headed for higher ground, some 36,000km from the Earth.

08.03 / 02:01

markets UPS security economy country reports International IMF's Georgieva interested in second term as fund's head, has support, say sources

By David Lawder

07.03 / 22:21

COST Reuters Manufacturing security Trade Investigations Hike tariffs on Chinese EVs, Senate Democrats urge Biden administration

By David Shepardson

07.03 / 22:09

Fighting economy Remark President gatherings Yellen says US Congress inaction on Ukraine aid is "gift" to Putin, Iran

WASHINGTON (Reuters) — U.S. Treasury Secretary Janet Yellen said on Thursday that Congress' inaction in approving new U.S. aid to Ukraine is «nothing short of a gift» to Russian President Vladimir Putin, Iran and other adversaries as Ukrainian forces run short of ammunition to fight Russia's invasion.

07.03 / 20:45

COST UPS Target economy rights International regulatory Federal Reserve's Powell: Regulatory proposal criticized by banks will be revised by end of year

A sweeping bank regulatory proposal will be significantly revised by year’s end, Federal Reserve Chair Jerome Powell said Thursday, a potential victory for the large banks that have aggressively opposed the likely changes

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