Category (4 columns)
WASHINGTON (Reuters) - The United States mistakenly supported China’s membership of the World Trade Organization in 2001 on terms that have failed to force Beijing to open its economy, the Trump administration said on Friday as it prepares to clamp down on Chinese trade.
NEW YORK (Reuters) - Federal authorities announced drug trafficking and weapons charges against a congressman from Honduras on Friday, the latest U.S. case accusing current and former officials of the Central American country of involvement in the drug trade.
CAIRO (Reuters) - Egypt’s President Abdel Fattah al-Sisi said on Friday he will run for a second term in office in an election in March, which the former military commander is widely expected to win.
(Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making, distributing and selling prescription painkillers.
NEW YORK (Reuters) - General Electric (GE.N) shares tumbled for a fifth straight session on Friday, sending the stock to its biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the week.
(Reuters) - McDonald’s Corp and a U.S. labor board are in talks to settle a case claiming the fast food company is liable for purported labor law violations by its franchisees, leading a judge on Friday to pause a longrunning trial.
WASHINGTON (Reuters) - AT&T (T.N), owner of DirecTV, is asking for documents from a long list of companies as part of preparation for a trial to determine if they will be allowed to buy movie and TV show maker Time Warner (TWX.N), their lawyer Daniel Petrocelli said in a pre-trial hearing on Friday.
NEW YORK (Reuters) - Wall Street rose on Friday, led by gains in consumer stocks, even as a possible government shutdown loomed.
The S&P 500 and the Nasdaq hit record closing highs, while the Dow ended the day higher after trading in a narrow range.
(Reuters) - South Korean slider Yun Sung-bin made history for his country on Friday by winning the men’s skeleton overall World Cup and ending a run of eight titles in a row for Estonia’s Martins Dukurs.