Business & Financial News, U.S & International Breaking News

British PM May survives party confidence vote

British Prime Minister Theresa May survived a confidence vote by the Conservative Party, but a mutiny by more than a third of her lawmakers indicated parliament was heading toward deadlock over Brexit.

Defying Trump, U.S. Senate advances measure to end support for Saudis in Yemen

In a rare break with President Donald Trump, the Senate voted on Wednesday to move ahead with a resolution to end U.S. military support for the Saudi Arabian-led coalition in the war in Yemen and lawmakers vowed to push for sanctions against the kingdom in the new year.

8:20pm EST

U.S. tribunal to review ruling on Qualcomm request for iPhone ban

The U.S. International Trade Commission (ITC) said on Wednesday it would review a ruling that a ban on imports of some iPhones into the United States was not in the public interest, even if Apple Inc infringed a Qualcomm patent.

7:35pm EST

U.S. yield curve to invert in 2019, recession to follow: Reuters poll

The U.S. Treasury yield curve will invert next year, possibly within the next six months, much earlier than forecast just three months ago, with a recession to follow as soon as a year after that, a Reuters poll showed on Thursday.

8:05pm EST

Mexican president says he and Trump discussed joint program on migration

Mexican President Andres Manuel Lopez Obrador spoke by telephone with U.S. President Donald Trump on Wednesday and discussed the issue of migration, he said in a tweet.

9:18pm EST

House approves farm bill without tightened food stamps criteria

The U.S. House of Representatives passed the farm bill on Wednesday, capping months of acrimonious debate to finalize the legislation funding the nation's $867 billion food and agriculture programs.

5:40pm EST

Two technicians die at U.S. research station in Antarctica

Two technicians performing maintenance at a U.S. research station in Antarctica died on Wednesday while working on a building that houses a generator for a nearby radio transmitter, the National Science Foundation (NSF) said.

9:12pm EST