American aircraft carriers are the backbone of U.S. military supremacy in Asia. But Xi Jinping's upgraded Rocket Force could render them obsolete in a conflict with China.
Business & Financial News, U.S & International Breaking News
Trump approved payment of $2 million North Korea bill for care of Warmbier: report
President Donald Trump approved payment of a $2 million bill presented by North Korea to cover its care of comatose American Otto Warmbier, a college student who died shortly after being returned home from 17 months in a North Korean prison, the Washington Post reported on Thursday.
Uber to kick off investor road show with IPO terms on Friday
Ride-hailing company Uber Technologies Inc will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar with the matter.
Sex website shuts down in U.S., blaming 'dumb' trafficking laws
A popular sex classified website said this week that it was shutting down its services in the United States, citing the likelihood that legal challenges would fail to overturn a landmark package of federal sex trafficking laws passed by Congress a year ago.
Exclusive: U.S. accelerates plan to drastically downsize Kabul embassy - sources
Secretary of State Mike Pompeo is accelerating a plan to cut up to half of the workforce at the U.S. embassy in Kabul starting at the end of next month, sparking concern it will undermine the fragile Afghan peace process, U.S. officials and congressional aides said.
New capital for Tesla will come at a cost
A capital raise for Tesla Inc will not come cheap and Chief Executive Officer Elon Musk must finally prove to investors that he can produce and deliver Model 3s and higher margin electric cars on time, Wall Street analysts said on Thursday.
At marathon news conference, Macron launches fight back with tax cuts
At the first major news conference of his presidency, Emmanuel Macron pledged to cut taxes on Thursday and said the French would have to work longer as he outlined his response to months of anti-government protests that have shaken his authority.
Exp: Apr 19
Exp: Apr 19
Exp: May 19
Have a news tip?
Reuters provides several ways to securely and confidentially share information and materials with our journalists.LEARN MORE ››