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| March 23, 2019

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Venezuela detains top aide to Guaido in move U.S. calls 'big mistake'

March 23, 2019 |

Venezuela detains top aide to Guaido in move U.S. calls 'big mistake'U.S. President Donald Trump’s national security adviser, John Bolton, called for the immediate release of Marrero and warned that “Maduro has made another big mistake,” adding that the arrest “will not go unanswered.” Guaido invoked the constitution in January to assume the interim presidency after declaring Maduro’s 2018 re-election a fraud. Maduro, who has overseen a dramatic collapse of the OPEC nation’s economy, has called Guaido a puppet of the United States and said he should “face justice,” but has not explicitly called for his arrest. Top U.S. officials have repeatedly warned Maduro not to touch Guaido and his inner circle, but it is unclear what more they can do.



Yahoo News – Latest News & Headlines

U.S. posts largest-ever monthly budget deficit as corporate tax receipts plunge

March 23, 2019 |

The United States posted its biggest monthly budget deficit on record last month, amid a 20% drop in corporate tax revenue and a boost in spending so far this fiscal year.

The budget gap widened to $ 234 billion in February, compared with a fiscal gap of $ 215.2 billion a year earlier. That gap surpassed…


L.A. Times – Business

In a gift to Netanyahu, Trump tweets U.S. support for Israel annexing Golan

March 23, 2019 |

In a gift to Netanyahu, Trump tweets U.S. support for Israel annexing GolanPresident Trump on Thursday reversed a long-standing American policy that treated Israeli occupation of the Golan Heights as temporary.



Yahoo News – Latest News & Headlines

President Trump says U.S. should recognize Israel's sovereignty over disputed Golan Heights

March 23, 2019 |

President Trump says U.S. should recognize Israel's sovereignty over disputed Golan HeightsTrump's controversial move is sure to inflame tension in the Middle East. He said in a Tweet that the territory is critical to Israel's security.



Yahoo News – Latest News & Headlines

Stocks tumble as fears about the U.S. and worldwide economy spread

March 22, 2019 |

Fears of a steeper slowdown in the global economy rattled financial markets Friday, sending stock prices sharply lower and bond prices higher as investors piled into safer securities.

The stock market has been climbing this year — and celebrated its historic, 10-year-bull rally two weeks ago —…


L.A. Times – Business

Fed downgrades U.S. growth forecast and signals no more rate hikes until 2020

March 21, 2019 |

Federal Reserve officials on Wednesday poured some chilly water on President Trump’s assertion that the U.S. economy is red hot.

They downgraded their estimate for U.S. economic growth this year to just 2.1% amid a slowdown here and abroad — while signalling there will be no more interest rate…


L.A. Times – Business

Qualcomm wins and Apple loses the first U.S. jury trial in their global patent dispute

March 16, 2019 |

Qualcomm Inc. won the first U.S. jury trial in its global dispute with Apple Inc. over how much the iPhone maker should pay for using the chipmaker’s patented technology.

A federal jury in San Diego on Friday awarded Qualcomm about $ 31.6 million in damages on its patent infringement claims.

The…


L.A. Times – Business

U.S. job openings rise, outnumbering the unemployed by 1 million

March 15, 2019 |

U.S. employers posted nearly 7.6 million open jobs in January, near a record high set in November — evidence that businesses are still hungry for workers despite signs the economy’s growth has slowed.

The Labor Department said Friday that hiring also rose and the number of people quitting their…


L.A. Times – Business

U.S. criminal probe of Facebook is said to extend to grand jury

March 14, 2019 |

A Facebook Inc. investigation by the U.S. Justice Department has broadened to include a grand jury, according to a person familiar with the matter, signaling an escalation in the ongoing federal probes of the company’s data-sharing practices.

A federal grand jury in New York subpoenaed records…


L.A. Times – Business

Canada grounds Boeing 737 Max, leaving U.S. isolated as FAA refuses to follow suit

March 13, 2019 |

Canada joined much of the world in grounding Boeing Co.’s 737 Max jetliner Wednesday, leaving the United States virtually alone in allowing the aircraft to keep flying.

The announcement by Canadian Transport Minister Marc Garneau came after aviation authorities in Europe, India, China and elsewhere…


L.A. Times – Business