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Trump to ban transgender military personnel, reversing Obama

Wed, 26 Jul 2017 16:05:47 -0400

WASHINGTON (Reuters) - President Donald Trump said on Wednesday he would ban transgender people from the U.S. military, an action appealing to some in his conservative political base but sowing confusion about the fate of thousands of transgender service members.(image)

Senate rejects Obamacare repeal again, eyes a 'skinny' bill

Wed, 26 Jul 2017 16:21:11 -0400

WASHINGTON (Reuters) - Republicans in the U.S. Senate fell short again on Wednesday in their effort to end Obamacare, rejecting a measure to repeal large portions of President Barack Obama's signature law that has provided health insurance to millions of Americans.(image)

Secretary of State Tillerson says he is 'not going anywhere'

Wed, 26 Jul 2017 16:03:31 -0400

WASHINGTON (Reuters) - U.S. Secretary of State Rex Tillerson said he was "not going anywhere," denying news reports that he was considering leaving his post.(image)

Trump criticism prompts questions over Attorney General's future

Wed, 26 Jul 2017 16:12:17 -0400

WASHINGTON (Reuters) - U.S. President Donald Trump further stoked speculation about the fate of his attorney general, Jeff Sessions, on Wednesday by assailing him in a fresh round of tweets even as Sessions was attending meetings at the White House.(image)

Facebook profit, revenue smash estimates as mobile ad sales soar

Wed, 26 Jul 2017 16:26:14 -0400

(Reuters) - Facebook Inc crushed quarterly profit and revenue estimates on Wednesday as the social media giant's push into video ads helped bolster its fast-growing mobile ad business.(image)

Fed holds rates steady, expects portfolio cuts 'relatively soon'

Wed, 26 Jul 2017 16:05:41 -0400

WASHINGTON (Reuters) - The Federal Reserve kept interest rates unchanged on Wednesday and said it expected to start winding down its massive holdings of bonds "relatively soon" in a sign of confidence in the U.S. economy.(image)

U.S. to impose stricter electronic carry-on airport screening

Wed, 26 Jul 2017 14:44:14 -0400

WASHINGTON (Reuters) - The U.S. Transportation Security Administration (TSA) said Wednesday it will impose new stricter security rules requiring airline travelers to remove all electronic items larger than mobile phones like tablets, e-readers and video game consoles from carry-on baggage for screening.(image)

Uber's Kalanick hires former U.S. prosecutor ahead of Waymo deposition

Wed, 26 Jul 2017 16:23:52 -0400

SAN FRANCISCO (Reuters) - Uber's former chief executive, Travis Kalanick, has hired the former top federal prosecutor in San Francisco to represent him ahead of a deposition in a high-profile trade secrets case against Alphabet's Waymo self-driving car unit, the attorney's firm said on Wednesday.(image)

Russia, EU bristle at proposed new U.S. sanctions on Moscow, warn of action

Wed, 26 Jul 2017 14:43:10 -0400

MOSCOW/BRUSSELS (Reuters) - Russia warned it was edging closer to retaliation against Washington after the House of Representatives backed new U.S. sanctions on Moscow, while the European Union said the move might affect its energy security and it stood ready to act too.(image)

As Washington refocuses on tax, anti-tax activist sees bill in September

Wed, 26 Jul 2017 16:00:55 -0400

WASHINGTON (Reuters) - Congressional Republicans are ramping up discussions on overhauling the U.S. tax code that a prominent Republican anti-tax advocate said on Wednesday will produce a bill by September that will include a hefty corporate tax cut.(image)