WASHINGTON - President Barack Obama said during the final press conference of his term that his decision to commute former intelligence analyst Chelsea Manning's sentence does not signal leniency.
WASHINGTON The U.S. Department of Defense and Lockheed Martin Corp are close to deal for a contract worth almost $9 billion as negotiations are poised to bring the price per F-35 below $100 million for the first time, people familiar with the talks said Wednesday.
TOKYO Asian shares slipped on Thursday and the dollar rebounded after Federal Reserve Chair Janet Yellen signaled that the U.S. central bank is poised to pursue a path of interest rate hikes.
WASHINGTON U.S. President-elect Donald Trump will name former Georgia Governor Sonny Perdue as his nominee for secretary of agriculture on Thursday, a senior transition official said on Wednesday.
SAN FRANCISCO With the U.S. economy close to full employment and inflation headed toward the Federal Reserve's 2 percent goal, it "makes sense" for the U.S. central bank to gradually lift interest rates, Fed Chair Janet Yellen said on Wednesday.
NEW YORK The New York attorney general's office is investigating reverse-mortgage servicing companies, including a unit of the bank Treasury Secretary nominee Steve Mnuchin ran, according to a person familiar with the matter.
SEOUL A South Korean court on Thursday dismissed an arrest warrant against the head of Samsung Group [SAGR.UL], the country's largest conglomerate, amid a graft scandal that has led to the impeachment of President Park Geun-hye.