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Putin says Russia will develop mid-range missiles

Putin says Russia will develop mid-range missiles

US has warned Moscow has 60 days to comply with Intermediate-range Nuclear Forces treaty

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Putin Threatens Arms Race as U.S. Prepares to Exit Nuclear Treaty

Putin Threatens Arms Race as U.S. Prepares to Exit Nuclear Treaty

Russian President Vladimir Putin said Moscow would build intermediate-range missiles if the U.S. does so, following Washington’s decision to suspend a Cold-War era nuclear pact.

Published 1 week ago

Takeda Wins Shareholder Approval for Its Shire Megadeal

Takeda Wins Shareholder Approval for Its Shire Megadeal

Buying Shire in a merger valued at $58 billion today would enable Takeda to tap into the lucrative market for rare diseases and boosts the CEO’s mission to expand Takeda’s footprint beyond its slowing home market.

Published 1 week ago

Business’s Climate Challenge: Getting Customers to Pay

Business’s Climate Challenge: Getting Customers to Pay

Heavy duty trucks powered by the sort of engines that Cummins Inc. is testing are more likely to combat climate change because most of the world thinks like a Cummins customer, not a Tesla customer.

Published 1 week ago

UK government publishes legal advice on Brexit

UK government publishes legal advice on Brexit

Attorney-general warns controversial backstop plan will ‘endure indefinitely’ until there is a deal on future EU-UK relations

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SoftBank’s Vision Fund sets up investment team in China

SoftBank’s Vision Fund sets up investment team in China

Move comes as US regulators step up scrutiny of Masayoshi Son’s links to country

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Flatter Yield Curves Aren’t Always Bad News—but This One Is

Flatter Yield Curves Aren’t Always Bad News—but This One Is

Treasury market moves are sending a menacing signal about the economic outlook. An inverted curve is often interpreted as a signal of a looming recession.

Published 1 week ago

Special Counsel Robert Mueller Asks for No Jail Time for Mike Flynn

Special Counsel Robert Mueller Asks for No Jail Time for Mike Flynn

Mike Flynn has provided “substantial assistance” to the special counsel investigation and other matters, federal prosecutors said in recommending no jail time for the former top Trump aide.

Published 1 week ago

China Maneuvers to Snag Top-Secret Boeing Satellite Technology

China Maneuvers to Snag Top-Secret Boeing Satellite Technology

The founders of a small Los Angeles company, which ordered a satellite from Boeing, say the firm was financed and is now controlled by China, in violation of rules designed to keep such technology out of Beijing’s hands. Some worry China could use the technology for military purposes.

Published 1 week ago

China ‘confident’ of US trade deal ‘within 90 days’

China ‘confident’ of US trade deal ‘within 90 days’

Beijing’s positive statement fails to halt sell-off on Asian and European bourses

Published 1 second ago

Flatter Yield Curves Aren’t Always Bad News—but This One Is

Flatter Yield Curves Aren’t Always Bad News—but This One Is

Treasury market moves are sending a menacing signal about the economic outlook. An inverted curve is often interpreted as a signal of a looming recession.

Published 1 week ago

California Fire Survivors Begin Returning to Homes That No Longer Exist

California Fire Survivors Begin Returning to Homes That No Longer Exist

Nearly a month after the Camp Fire destroyed Paradise, Calif., and surrounding communities, some residents are returning to salvage any precious belongings left behind.

Published 1 week ago

Bush’s Trade Legacy on the Line as Trump Bids Farewell to Predecessor

Bush’s Trade Legacy on the Line as Trump Bids Farewell to Predecessor

President Trump will pay his respects today to the late President George H.W. Bush, after last week also saying farewell to the North American Free Trade Agreement.

Published 1 week ago

Postal Service Review Proposes Sweeping Changes Likely to Hit Amazon

Postal Service Review Proposes Sweeping Changes Likely to Hit Amazon

A Treasury-led task force proposed that the U.S. Postal Service charge more for certain package deliveries, going after Amazon.com and other online retailers that President Trump has said benefit at the post office’s expense.

Published 1 week ago

Slowing Cigarette Sales Push Altria to Explore Other Opportunities

Slowing Cigarette Sales Push Altria to Explore Other Opportunities

Marlboro maker Altria Group is eyeing cannabis and e-cigarettes, searching for growth outside its traditional business, as the long decline of U.S. cigarette sales accelerates.

Published 1 week ago