Steve Bannon is leaving the White House and may be returning to Breitbart
White House chief strategist Steve Bannon is leaving the Trump administration, according to...
Alleged Yahoo hacker in Canada agrees to extradition to US
A Canadian man accused in a massive hack of Yahoo emails agreed Friday to forgo his extradition hearing and go face the charges in the United States. Karim Baratov was arrested in Hamilton, Ontario, in ...
Debt-laden Calpine to sell itself for $5.6 bln
U.S. power producer Calpine Corp said it would sell itself to a group of investors led by Energy Capital Partners for $5.6 billion, as the debt-laden company struggles with depressed natural gas prices. Calpine's deal comes at a time when the U.S. wholesale power generation industry is struggling with margin pressure as cheap natural gas from shale fields in recent years has been driving down electricity prices. In July, Calpine's larger rival NRG Energy had laid out plans to raise about $4 billion through asset sales and slash debt by $13 billion over the next six years.
Investors grab top-rated bonds as stocks tumble on Trump doubts
Demand for highly-rated euro zone bonds increased on Friday as equity markets tumbled on mounting evidence that U.S. President Donald Trump will face difficulty passing his economic agenda. Meanwhile, the gap between yields on southern European bonds issued by Spain and Portugal and those on higher-rated German debt widened in a global retreat from riskier assets that saw the biggest drop in three months on Wall Street overnight. "We have seen the first wobble in equities for some time now, with the S&P closing down 1.5 percent last night, so there's a bit of a risk-off safe haven bid for bonds at the moment," said Daniel Loughney, portfolio manager at AllianceBernstein.
Fox's James Murdoch slams Trump's Charlottesville response
NEW YORK (AP) — The CEO of 21st Century Fox denounced racism and terrorists while expressing concern over President Donald Trump's reaction to the deadly violence surrounding a white nationalist rally in Charlottesville, Virginia.
A sports rout on Wall Street
NEW YORK (AP) — Sporting goods retailers can't shake their losing streak.
Charlottesville exposes new threat for college campuses
On college campuses, white supremacists and other far-right extremist groups see fertile ground to spread their messages and recruit followers. But for many colleges, last weekend's deadly attack at a ...