Treasury tweaks global tax dodge law one last time
WASHINGTON (Reuters) – The Treasury Department moved on Thursday to shut the door on further 11th-hour tweaks to a new law set to take effect on July 1 that is meant to fight offshore tax evasion by Americans.
U.S. billionaire to pour $100 million into climate change fight
WASHINGTON (Reuters) – A California hedge fund investor has pledged $100 million in contributions to pro-environmentalist congressional campaigns, bolstering the battle against climate change.
Kerry, Abbas hold second day of ‘constructive’ talks
PARIS (Reuters) – U.S. Secretary of State John Kerry and Palestinian President Mahmoud Abbas held more than two hours of “constructive” talks on Israeli-Palestinian peace on Thursday, their second session in as many days, a senior U.S. official said.
Congress must fix highway funding shortfall, says U.S. transport chief
WASHINGTON (Reuters) – With federal funding for U.S. highways set to run dry within months, U.S. Transportation Secretary Anthony Foxx urged Congress on Thursday to show “a little political courage” and come up with long-term solution to pay for roads….
Fresh from win over UAW, Norquist vows anti-union push
(Reuters) – Grover Norquist’s trademark cause is fighting high taxes, but the savvy conservative Republican lobbyist just scored a big win on another front – fighting unions – and he wants more, betting on what he sees as a broad shift in U.S. labor po…
Senate banking committee says Yellen to testify February 27
WASHINGTON (Reuters) – Federal Reserve Chair Janet Yellen will testify before U.S. lawmakers on February 27 after a Senate panel previously canceled the original hearing date due to a recent snowstorm in Washington, D.C.
U.S. expected to keep oil embargo even if Iran nuclear deal struck
VIENNA (Reuters) – A unilateral U.S. oil embargo on Iran is expected to remain in place even if a long-term nuclear agreement between Tehran and six world powers is reached that includes an easing of international sanctions, a U.S. official said on Thu…
U.S. health insurers brace for new steep Medicare cuts
NEW YORK (Reuters) – The U.S. government is expected to announce this week the proposed payment rates for insurer-run Medicare plans in 2015, but industry officials say the anticipated cuts will mean higher co-pays and fewer benefits for seniors.
Obama cautious on Ukraine truce, urges move to unity government
TOLUCA, Mexico (Reuters) – U.S. President Barack Obama reacted cautiously to a truce between the Ukrainian government and protesters on Wednesday, saying it “may hold” but that ultimately Ukraine should move toward a unity government and free and fair …
Obama cautious on Ukraine truce, urges move to unity government
TOLUCA, Mexico (Reuters) – U.S. President Barack Obama reacted cautiously to a truce between the Ukrainian government and protesters on Wednesday, saying it “may hold” but that ultimately Ukraine should move toward a unity government and free and fair …