WASHINGTON - U.S. President Donald Trump said on Wednesday he would not have appointed Jeff Sessions as attorney general if he had known Sessions would recuse himself from the Russia investigation, according to a New York Times interview. "Sessions should have never recused himself and if he was going to recuse himself he should have told me before he took the job and I would have picked somebody else," the Times quoted Trump as saying.
Sen. John McCain, R-Ariz., has been diagnosed with a brain tumor, his office said Wednesday. The Mayo Clinic Hospital in Phoenix said tests revealed "a primary brain tumor known as a glioblastoma" that was associated with a blood clot above his left eye that was removed last week. "The Senator and his family are reviewing further treatment options with his Mayo Clinic care team," said the hospital in a statement. "Treatment options may include a combination of chemotherapy and radiation."
WASHINGTON - Republican efforts to overhaul or repeal Obamacare collapsed in the U.S. Senate on Tuesday, dealing a sharp setback to President Donald Trump and the Republican Party's seven-year quest to kill President Barack Obama's signature healthcare law. The disarray in the Republican-controlled Senate rattled financial markets and cast doubt on the chances for getting Trump's other domestic policy priorities, such as tax reform, through a divided Congress.
Delta Air Lines Inc. said it would refund $30 to conservative commentator Ann Coulter after she unleashed a Twitter tirade over being reassigned to a seat with less leg room, and the airline called her string of insults "unacceptable and unnecessary". "We're sorry you did not receive the preferred seat you paid for and will refund your $30," the airline told Coulter on Twitter. "Additionally, your insults about our other customers and employees are unacceptable and unnecessary," Delta said in a second tweet.
WASHINGTON - The U.S. House of Representatives passed its version of a massive annual defense bill on Friday, leaving out controversial amendments on transgender troops and climate policy but backing President Donald Trump's desire for a bigger, stronger military. The vote was 344-81 to pass the National Defense Authorization Act (NDAA), which sets military policy and authorizes up to $696 billion in spending for the Department of Defense.
A delegation of commodity importers from China, the world's top soybean buyer, signed agreements on Thursday to buy 12.53 million tonnes of the U.S. crop in the second-largest deal between the two countries, the U.S. Soybean Export Council said. The deal comes amid uneven relations between the two countries following the election of U.S. President Donald Trump in November. Traders and analysts said the agreements provided little insight for the market, as final prices and shipment dates were not specified.
Department store operator J.C. Penney Co Inc said it was opening toy shops in all its stores and has already doubled its online assortment of toys over the last year, with plans to expand further by the holiday season. The retailer, which has over 1,000 stores, will sell toys from brands including Mattel's Fisher Price, Hasbro and Playmobil, with some stores also featuring a play area. Penney has been expanding into more categories, including appliances, as seeks new avenues of growth in a weak retail environment, particularly for department stores.
Global commodities trader Cargill Inc reported a much higher quarterly net profit on Thursday, citing strong demand for beef and poultry and solid U.S. grain exports even as robust grain production posed a challenge. The privately held company, which is in the second year of a restructuring, said results were higher in each of its four business segments, and revenue set a two-year high. "The structural improvements we've made, as well as favorable conditions in some markets, have yielded strong results," Chief Executive Officer David MacLennan said in a statement.
Delta Air Lines Inc on Thursday, July 13, reported a 21 percent drop in second-quarter profit because of sharply higher operating costs, despite higher passenger unit revenue, sending its shares down about 3 percent. The stock drop reversed positive gains earlier in the week driven by investor optimism about improving passenger unit revenue in the sector. The closely-watched metric measures sales relative to flight capacity.
WASHINGTON - U.S. spring wheat production will fall to a 15-year low, the government said on Wednesday, July 12, as crop development in top production state North Dakota has been crippled by searing heat and scant rains throughout June and July. The U.S. Agriculture Department also raised its corn and soybean harvest forecasts despite a late start to planting and colder-than-usual temperatures during the spring that raised concerns about crop health.