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
Asia shares subdued, dollar pins hopes on U.S. GDP
Asian shares got off to a subdued start on Friday, while the dollar held near two-year highs against the euro on speculation that data later in the day will show the U.S. economy outperforming the rest of the developed world.
North Korean leader says peace on Korean peninsula depends on U.S. attitude: KCNA
North Korean leader Kim Jong Un said during his summit with Russian President Vladimir Putin peace and security on the Korean peninsula depend entirely on the future U.S. attitude, North Korean state media KCNA said on Friday.
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.
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.
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.
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