President Trump said transgender people would be banned from military service, a decision critics condemned as "raw prejudice." The White House said it would work with the Pentagon to implement the new policy.
Business & Financial News, U.S & International Breaking News
Uber's Kalanick hires former U.S. prosecutor ahead of Waymo deposition
Uber's former chief executive, Travis Kalanick, has hired the former top federal prosecutor in San Francisco to represent him ahead of a deposition in a high-profile trade secrets case against Alphabet's Waymo self-driving car unit, the attorney's firm said on Wednesday.
U.S. to impose stricter electronic carry-on airport screening
The U.S. Transportation Security Administration (TSA) said Wednesday it will impose new stricter security rules requiring airline travelers to remove all electronic items larger than mobile phones like tablets, e-readers and video game consoles from carry-on baggage for screening.
Fed holds rates steady, expects portfolio cuts 'relatively soon'
The Federal Reserve kept interest rates unchanged on Wednesday and said it expected to start winding down its massive holdings of bonds "relatively soon" in a sign of confidence in the U.S. economy.
iRobot shares surge on strong sales of Roomba vacuum cleaners
Shares in iRobot Corp jumped 23 percent to a record high on Wednesday after the Roomba robotic vacuum maker posted better-than-expected quarterly results and said it was buying its largest European distributor.
Russia, EU bristle at proposed new U.S. sanctions on Moscow, warn of action
Russia warned it was edging closer to retaliation against Washington after the House of Representatives backed new U.S. sanctions on Moscow, while the European Union said the move might affect its energy security and it stood ready to act too.
U.S. sanctions Venezuelan officials, one killed in anti-Maduro strike
The Trump administration imposed sanctions on 13 senior Venezuelan officials as the country's opposition launched a two-day strike on Wednesday, heaping pressure on unpopular President Nicolas Maduro to scrap plans for a controversial new congress.
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