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
Uber to kick off investor roadshow 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.
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.
Exclusive: In rare move, French warship passes through Taiwan Strait
A French warship passed through the strategic Taiwan Strait this month, U.S. officials told Reuters, a rare voyage by a vessel of a European country that is likely to be welcomed by Washington but increase tension with Beijing.
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.
S&P 500 nudges lower as industrials drag
The S&P 500 closed just barely lower on Thursday, as a dive in industrial stocks and concerns about slowing global growth eclipsed gains in Facebook and Microsoft.
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 ››