Senate Republicans fell short again in their effort to end Obamacare, rejecting a measure to repeal large portions of former President Obama's signature law that has provided health insurance to millions of Americans.
Business & Financial News, U.S & International Breaking News
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.
Exclusive: Discovery in the lead to acquire Scripps Networks - sources
U.S. media company Discovery Communications Inc in the lead to acquire U.S. cable TV network owner Scripps Network Interactive Inc, people familiar with the matter said on Wednesday.
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.
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.N.'s Guterres concerned about risk of escalating violence in Jerusalem
U.N. Secretary-General Antonio Guterres said on Wednesday he is concerned about the risk of violence escalating in the Old City of Jerusalem, where recent clashes between Israelis and Palestinians have been the bloodiest in years.
Some Chinese electric car makers mull alliance to save money, time
A handful of China's many electric vehicle (EV) start-ups are considering setting up an alliance to pool resources, develop joint technology and bring cars more quickly to the world's biggest autos market.
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