WASHINGTON - Nebraska regulators weighing the fate of TransCanada Corp’s proposed Keystone XL pipeline have ruled that opponents of the project cannot use one of their best arguments against it in final hearings next week: that America does not need the oil. The state’s five-member Public Service Commission is scheduled to hold court-like hearings on Aug. 7 to 11 before deciding whether to approve the project’s route, marking the final hurdle for the long-delayed project after President Donald Trump gave it federal approval in March.
WASHINGTON - Republican and Democratic senators introduced two pieces of legislation on Thursday seeking to block President Donald Trump from firing the special counsel probing his ties to Russia, as Congress increasingly seeks to assert its authority on policy. Members of Congress from both parties have expressed concern that Trump might dismiss Robert Mueller, the special counsel appointed to determine whether there was collusion between his 2016 presidential campaign and Moscow.
WASHINGTON - The chairman of the Joint Chiefs of Staff, Marine General Joseph Dunford, said in a written message on Thursday to military leaders that there has been no change yet to the military's policy on transgender personnel, despite plans for a ban announced by President Donald Trump.
Taiwanese electronics manufacturer Foxconn will announce plans to build a multi-billion dollar flat panel screen plant in Wisconsin at a White House event later on Wednesday, a source briefed on the matter said. A White House official said President Donald Trump is hosting an event at 5 p.m. EDT with Foxconn "for a technology manufacturing initiative announcement that will bring jobs and billions of dollars in investments to our country."
DETROIT - Ford Motor Co ( F.N ) on Wednesday reported a better-than-expected quarterly net profit due to a lower tax rate and increased U.S. sales of more-profitable pickup trucks, but forecast a slightly lower 2017 pre-tax profit, sending its shares down 2.3 percent.
The CME Group ( CME.O ) said on Wednesday that it will develop futures and options based on the repurchase agreement market, after a bank committee in June selected a benchmark repo rate to be used as an alternative to Libor in derivatives transactions.
WASHINGTON - President Donald Trump said on Wednesday he would not permit transgender people to serve in the U.S. military, citing "tremendous medical costs and disruption," an action condemned by critics as "raw prejudice" and a political stunt. It was not the first time Trump had targeted transgender people since taking office in January. The Republican president in February rescinded protections for transgender students put in place by his predecessor, Democrat Barack Obama, that had let them use bathrooms corresponding with their gender identity.
WASHINGTON - U.S. Senate Republicans narrowly agreed on Tuesday to open debate on a bill to end Obamacare, but the party's seven-year effort to roll back Democratic President Barack Obama's signature healthcare law still faces significant hurdles. The Senate deadlocked 50-50 on moving forward with the healthcare debate, forcing Vice President Mike Pence to cast the tie-breaking vote.
GACKLE, N.D. - Yield prospects for hard red spring wheat in southeastern North Dakota were below average following hot and dry weather during the growing season, scouts on an annual crop tour said Tuesday. But the Wheat Quality Council tour's early yield calculations were not as bad as some had feared. "So far, I would say this is better than what most folks expected," said Kevin Ernst, a broker with Chiodo Commodities who is on the tour.
WASHINGTON - U.S. Republican Senator John McCain, who has been recuperating in Arizona after being diagnosed with brain cancer, will return to Washington for a vote on healthcare reform on Tuesday, his office said in a statement on Monday. "Senator McCain looks forward to returning to the United States Senate tomorrow to continue working on important legislation, including health care reform, the National Defense Authorization Act, and new sanctions on Russia, Iran and North Korea," the statement said.