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Updated: 2 hours 43 min ago

Trump denies 'shithole' remarks as condemnation mounts at home and abroad

Fri, 01/12/2018 - 14:06
(Note: Story includes language throughout that will offend some readers)

U.S. ambassador to Panama resigns, says cannot serve Trump

Fri, 01/12/2018 - 13:21
WASHINGTON (Reuters) - U.S. Ambassador to Panama John Feeley, a career diplomat and former Marine Corps helicopter pilot, has resigned, saying he no longer felt able to serve President Donald Trump.

Kentucky becomes first U.S. state to implement Medicaid work requirements

Fri, 01/12/2018 - 13:16
WASHINGTON (Reuters) - Kentucky on Friday became the first U.S. state to receive approval from the federal government to implement work requirements in Medicaid, a fundamental change to the 50-year-old government health insurance program for the poor.

Corporations may dodge billions in U.S. taxes through new loophole: experts

Fri, 01/12/2018 - 13:13
WASHINGTON (Reuters) - A loophole in the new U.S. tax law could allow multinational corporations like Apple Inc to avoid paying billions of dollars in taxes on profits stashed overseas, according to experts.

Turkey warns citizens against travel to U.S. in tit-for-tat move

Fri, 01/12/2018 - 13:09
ANKARA (Reuters) - Turkey has warned its citizens against travel to the United States, saying Turks face the risk of arbitrary arrest and should take precautions if they do decide to travel, the latest tit-for-tat volley in a diplomatic feud between the NATO allies.

Rescuers at California mudslide expand search for missing

Fri, 01/12/2018 - 11:13
MONTECITO, Calif. (Reuters) - Emergency officials in southern California said on Friday they were looking for five people missing and feared dead or trapped by deadly mudslides and have expanded the search area.

Trump slams Senate immigration deal, denies offensive language

Fri, 01/12/2018 - 11:10
(Note: Story includes language throughout that will offend some readers)

JPMorgan says tax changes will spur more profits after quarterly beat

Fri, 01/12/2018 - 10:59
(Reuters) - JPMorgan Chase & Co beat Wall Street's fourth-quarter earnings expectations on Friday and said tax law changes will help future profits by not only reducing the amount it pays the federal government but also by stimulating more business.

Merkel wants to seal coalition deal with SPD swiftly: source

Fri, 01/12/2018 - 10:38
BERLIN (Reuters) - German Chancellor Angela Merkel wants to conclude negotiations with the Social Democrats (SPD) on forming a coalition government by mid-February, a source in her conservative party said on Friday.

Turkey says citizens traveling to United States face risk of arbitrary arrest

Fri, 01/12/2018 - 08:08
ANKARA (Reuters) - Turkey has warned its citizens against travel to the United States, saying Turks face the risk of arbitrary arrest and should take precautions if they do decide to travel.

Trump to get first presidential medical exam amid questions about fitness

Fri, 01/12/2018 - 08:03
WASHINGTON (Reuters) - Donald Trump has his first medical exam as U.S. president on Friday after a week in which his mental fitness for the job has come under intense scrutiny.

JPMorgan profit beats on higher interest rates; debt trading down

Fri, 01/12/2018 - 07:51
(Reuters) - JPMorgan Chase & Co , the biggest U.S. bank by assets, reported a higher-than-expected quarterly profit on Friday as gains in net interest income offset a slowdown in trading revenue.

Merkel strikes deal with social democrats, opening way to new German government

Fri, 01/12/2018 - 07:26
BERLIN (Reuters) - Chancellor Angela Merkel struck a deal with Social Democrat (SPD) rivals on Friday to open government coalition talks, easing months of uncertainty that has undermined Germany's global role and raised questions about her political future.

China cracks down on foreign companies calling Taiwan, other regions countries

Fri, 01/12/2018 - 06:37
SHANGHAI (Reuters) - China's aviation authority on Friday demanded an apology from Delta Air Lines for listing Taiwan and Tibet as countries on its website, while another government agency took aim at Inditex-owned fashion brand Zara and medical device maker Medtronic Plc for similar issues.

Search for survivors of devastating California mudslide enters third day

Fri, 01/12/2018 - 06:34
MONTECITO, Calif. (Reuters) - The search for survivors from a devastating Southern California mudslide that has killed at least 17 people moved into its third day on Friday, with some 700 rescue workers expecting to find more dead victims.

Merkel's conservatives, SPD agree German coalition blueprint: sources

Fri, 01/12/2018 - 05:10
BERLIN (Reuters) - German Chancellor Angela Merkel's conservatives and the Social Democrats (SPD) agreed after all-night talks on Friday to a blueprint for formal coalition negotiations, party sources said, raising prospects of an end to months of political uncertainty.

Uproar over crackdown on cryptocurrencies divides South Korea

Fri, 01/12/2018 - 05:06
SEOUL (Reuters) - With a tech-savvy population quick to adopt the latest gadgets and a young generation facing dim prospects in the conventional workplace, South Korea has been a fertile ground for virtual currencies.

Trump cancels Britain trip, blames Obama for 'peanuts' London embassy deal

Fri, 01/12/2018 - 04:31
LONDON (Reuters) - U.S. President Donald Trump canceled a trip to London scheduled for next month to open a new embassy, blaming Barack Obama for selling off the old one for "peanuts" in a bad deal.

China's imports from North Korea plummet in December, lowest for four years

Fri, 01/12/2018 - 02:45
BEIJING (Reuters) - China's imports from North Korea plunged in December to their lowest level in dollar terms since at least the start of 2014, with trade curbed by U.N. sanctions aimed at persuading North Korea to abandon its ballistic missile and nuclear weapons programs.

Trump cancels UK visit, says will not unveil new U.S. embassy

Fri, 01/12/2018 - 02:00
(Reuters) - U.S. President Donald Trump canceled a visit to London scheduled for early this year, saying he was disappointed with the "Obama administration having sold" the U.S. embassy in the British capital.