Boris Johnson, the Brexiteer who has promised to lead Britain out of the European Union with or without a deal by the end of October, will replace Theresa May as prime minister after winning the leadership of the Conservative Party.
Business & Financial News, U.S & International Breaking News
First Russian-Chinese air patrol in Asia-Pacific draws shots from South Korea
Russia carried out what it said was its first long-range joint air patrol in the Asia-Pacific region with China on Tuesday, a mission that triggered hundreds of warning shots, according to South Korean officials, and a strong protest from Japan.
Facebook to settle FTC privacy allegations, adopt new policies: sources
The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of allegations it mishandled user privacy and pay roughly $5 billion, two people briefed on the matter said.
FBI Director Wray: Russia intent on interfering with U.S. elections
Russia is determined to interfere in U.S. elections despite sanctions and other efforts to deter such actions before the next presidential election in 2020, FBI Director Christopher Wray said on Tuesday.
Wall Street approaches record high on earnings optimism
The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly reports from Coca-Cola and United Technologies, while a debt ceiling and budget deal between President Donald Trump and Congress also buoyed sentiment.
Trump administration proposed rule would cut 3 million people from food stamps
The Trump administration on Tuesday proposed a rule to tighten food stamp eligibility that would cut about 3.1 million people from the program, U.S. Department of Agriculture officials said, drawing ire from Democratic senators and advocacy groups.
Nike inks endorsement deal with basketball star Zion Williamson
Nike Inc has signed Zion Williamson, the No. 1 NBA draft pick and rising 19-year-old basketball star, to its Jordan brand, the world's largest sportswear maker said on Tuesday.
Exp: Jul 19
Exp: Jul 19
Exp: Aug 19
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