Republican and Democratic U.S. congressmen introduced a bill on Thursday that would ban Americans from traveling to North Korea as tourists and require them to obtain special permission for other types of visits. Democrat Adam Schiff and Republican Joe Wilson said their proposed North Korea Travel Control Act followed the detention of at least 17 Americans in North Korea in the past decade. North Korea has a record of using detained Americans to extract high-profile visits from the United States, with which it has no formal diplomatic relations.
Japan's Mizuho Financial Group will start a venture next month to create new businesses using "fintech," an executive said, joining a global race in financial technology that threatens to unsettle traditional players. Japan's second-largest lender by assets said there were already 20 projects in the pipeline for the venture, utilizing blockchain technology and artificial intelligence programs in areas such as farming and travel.
WASHINGTON - An estimated 23 million people would lose health coverage by 2026 under Republican legislation aimed at repealing Obamacare, a nonpartisan congressional agency said on Wednesday in the first calculation of the new bill's potential impact.
WASHINGTON - President Donald Trump’s proposals to slash federal aid to the poor, the sick and people living in rural areas reflect conservatives' demands for a smaller federal government but target many of the very people who voted for him last November. In his first detailed budget submission to Congress on Tuesday, Trump requested major reductions to programs that help poor families afford groceries and poor and disabled people get healthcare.
VATICAN CITY - Pope Francis urged U.S. President Donald Trump to be a peacemaker at their highly anticipated first meeting on Wednesday, and Trump promised he would not forget the pontiff's message. Under clear blue skies, Trump, who exchanged sharp words with the pope during the U.S. election campaign last year, received a tribute from the Swiss Guard in a Vatican courtyard when he arrived.
Uber Technologies Inc [UBER.UL] said on Tuesday it underpaid its New York City drivers for the past two-and-a-half years, an error that could cost the ride-hailing company tens of millions of dollars.
WASHINGTON - Former CIA Director John Brennan said on Tuesday that he does not know whether President Donald Trump's 2016 presidential campaign colluded with Russia but that he saw "information and intelligence that was worthy of investigation." In addition, the country's top intelligence official, Dan Coats, declined to say, as reported by the Washington Post, whether Trump had asked him to publicly deny that any evidence exists on collusion between his campaign and Moscow.
Canadian Foreign Minister Chrystia Freeland said on Tuesday that NAFTA trade talks between the United States, Canada and Mexico should be trilateral, saying that approach was common sense. Speaking at an event in Mexico City, Freeland said that Canada supported Mexico's strategy to diversify trade away from dependence on the U.S. market and that Canada was moving in the same direction as well. (Reporting by Frank Jack Daniel and Sharay Angulo)
Deere's quarterly sales of farm and construction equipment rose for the first time in more than three years, and the company's rising profit and sales beat forecasts. It also bumped up its 2017 profit outlook. The strong results sent Deere stock sharply higher in early trading.
The Fed's expected plans for rate increases may be too fast for an economy that has shown recent signs of weakness, St. Louis Federal Reserve President James Bullard said on Friday, sketching out the case for a continued go-slow approach. Since the Fed raised rates in March inflation data have dipped and so have long-term bond yields, the opposite of what would happen if investors and the public felt the economy was going to continue on a strong enough course to justify further rate hikes.