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Updated: 50 min 54 sec ago

Chinese magnate revamps Hollywood deal amid crackdown on overseas investment

Thu, 08/31/2017 - 03:01
BEIJING/SHANGHAI (Reuters) - A Chinese magnate, known for the purchase of English soccer club Aston Villa, has revised a plan to buy the majority of a Hollywood studio for $100 million due to increased government scrutiny over outbound deals in the entertainment sector.

Venezuela's baseball talent pool shrinks as food crisis widens

Thu, 08/31/2017 - 01:08
CARACAS (Reuters) - Young baseball players from poor families in Venezuela are not getting the nourishment needed to realize their dream of playing professionally in the United States, as acute food shortages close off one of the few remaining avenues out of poverty in the recession-hit country.

Top advisers in more displays of disagreement with Trump

Wed, 08/30/2017 - 22:04
WASHINGTON (Reuters) - Defense Secretary Jim Mattis openly differed with his commander in chief over North Korea on Wednesday, the latest example of a once-rare public display of disagreement by top U.S. aides that has become more frequent under President Donald Trump.

If Trump pulls trigger on NAFTA withdrawal, Mexico will walk away

Wed, 08/30/2017 - 21:56
(Reuters) - Foreign Minister Luis Videgaray said on Wednesday that Mexico will leave the negotiating table if U.S. President Donald Trump goes ahead with a threat to start the process of withdrawing from the North American Free Trade Agreement (NAFTA).

Exclusive: At least $23 billion of property affected by Hurricane Harvey - Reuters analysis

Wed, 08/30/2017 - 19:54
(Reuters) - At least $23 billion worth of property has been affected by flooding from Hurricane Harvey just in parts of Texas' Harris and Galveston counties, a Reuters analysis of satellite imagery and property data shows.

Hurricane annals: two Katrina survivors connect in Houston flood

Wed, 08/30/2017 - 18:44
As I sat with Raeann Barber in the Houston convention center, surrounded by nearly 10,000 refugees from Hurricane Harvey, we figured out that we had nearly crossed paths 12 years ago - to the day - in the Lower Ninth Ward of New Orleans.

Pentagon acknowledges thousands more than U.S. troops in Afghanistan

Wed, 08/30/2017 - 16:04
WASHINGTON (Reuters) - About 11,000 U.S. troops are serving in Afghanistan, the Pentagon said on Wednesday, thousands more than it has previously stated.

New Uber CEO promises change, sees IPO in 18-36 months

Wed, 08/30/2017 - 16:02
SAN FRANCISCO (Reuters) - Uber Technologies Inc's [UBER.UL] new Chief Executive Dara Khosrowshahi told employees on Wednesday the ride-services company would change its culture and could go public in 18 to 36 months.

Trump to tout tax reform in Missouri, won't offer specifics

Wed, 08/30/2017 - 15:55
WASHINGTON (Reuters) - U.S. President Donald Trump will turn his signature populist rhetoric toward tax reform on Wednesday in a speech expected to tout tax cuts as a way to help workers and the middle class in an economy "rigged" against them, senior White House officials said.

U.S.-led jets strike in Syria to block Islamic State evacuation deal

Wed, 08/30/2017 - 15:39
BEIRUT (Reuters) - U.S.-led warplanes on Wednesday blocked a convoy of Islamic State fighters and their families from reaching territory the group holds in east Syria and struck some of their comrades traveling to meet them, a coalition spokesman said.

U.S. second-quarter GDP growth revised up, fastest in over two years

Wed, 08/30/2017 - 15:34
WASHINGTON (Reuters) - The U.S. economy grew faster than initially thought in the second quarter, notching its quickest pace in more than two years, and there are signs that the momentum was sustained at the start of the third quarter.

U.S. senator urges FBI to probe Icahn over biofuels push

Wed, 08/30/2017 - 14:23
WASHINGTON (Reuters) - A Democratic U.S. Senator on Wednesday urged the FBI to launch a criminal probe into whether billionaire investor Carl Icahn broke the law when he called for a change in the federal biofuel program that would have enriched him personally while he was an adviser to President Donald Trump.

Sore at Macron's 'dictatorship' criticism, Venezuela blasts France

Wed, 08/30/2017 - 12:22
CARACAS (Reuters) - Venezuela accused France on Wednesday of joining an "imperialist" campaign after President Emmanuel Macron portrayed the widely criticized socialist government as dictatorial.

White House blocks Obama-era rule expanding pay data from companies

Wed, 08/30/2017 - 11:50
(Reuters) - The Trump administration has blocked a rule requiring U.S. employers to report detailed pay data broken down by gender and race, echoing business groups by saying it would not have the intended effect of addressing wage gaps.

U.S. troops risk inflaming clan conflict after deadly Somalia raid

Wed, 08/30/2017 - 11:32
MOGADISHU (Reuters) - A raid involving U.S. troops in Somalia has caused a rift between the precarious U.S.-backed government and a powerful clan that says innocent farmers were massacred, months after President Donald Trump approved stepped-up operations there.

U.S. send extra fighters to police Baltic skies during Russian exercise

Wed, 08/30/2017 - 10:13
SIAULIAI AIR BASE (Reuters) - The United States has sent a reinforced detachment of fighter planes to police the skies over NATO members Lithuania, Latvia and Estonia during a major Russian military exercise in the Baltic region next month.

Storm-hit Houston reels from influx of evacuees, crime outbreak

Wed, 08/30/2017 - 09:43
HOUSTON (Reuters) - Houston strained under the arrival of tens of thousands of people fleeing submerged homes and flooded roads on Wednesday and faced an outbreak of looting and armed robberies that forced a midnight curfew.

Qatar says no sign Arab states willing to negotiate over boycott

Wed, 08/30/2017 - 09:27
DOHA (Reuters) - Qatar's foreign minister said on Wednesday that his country was willing to negotiate an end to a Gulf diplomatic rift but had seen no sign that Saudi Arabia and other countries imposing sanctions on Doha were open to mediation.

Bain brings in Apple for last-minute $18 billion bid for Toshiba chip unit: sources

Wed, 08/30/2017 - 08:37
TOKYO (Reuters) - A consortium led by Bain Capital has made a revised last-ditch offer for Toshiba Corp's chip unit worth about $18 billion, bringing in Apple Inc to help bolster its bid, sources with direct knowledge of the matter said.

Trump attacking freedom of the press: U.N. rights boss

Wed, 08/30/2017 - 08:36
GENEVA (Reuters) - U.S. President Donald Trump's criticism of journalists amounts to an attack on the freedom of the press and could provoke violence against reporters, the United Nations' human rights chief said on Wednesday.