Republicans

How Republicans Chose Trump & Now Regrets For It

Election is here and Donald Trump is notably for the Republicans, how did they really know Trump and how he made them trust him?

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Pfizer to end merger deal with Allergan as new rules frighten corporate inversions

Pfizer, a US-based drug company, is said to dismiss its merger deal with Allergan. The US drugmaker wants to quit from the $160 billion merger deal since Washington authorities set new rules, making corporate inversions harder.

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Paul Singer contributes $2.5 million to super Pac

Huge hedge funder Paul Singer donated 2.5 million US dollar, while his friend Cliff Asness, an investment magnate, sponsored 1 million US dollar to super PAC.

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Obama struggles with Wall Street to woo Democrats over broker rules

The Obama administration is battling Wall Street to win the support of dozens of Democrat lawmakers over rules that could rein in brokers who handle trillions of dollars in retirement accounts.

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Pressure mounts on shippers, union to settle West Coast ports dispute

The U.S. labor secretary joined congressional leaders, three governors and a big-city mayor on Wednesday in pushing shipping lines and the dockworkers' union to settle a contract dispute that has led to months of turmoil and cargo backups at 29 West Coast ports.

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Democrats set high bar for supporting Obama on trade

Senior Democrats in the House of Representatives said on Thursday they would insist President Barack Obama provide hard evidence that proposed free trade deals will boost median U.S. incomes, laying out tough terms to support his trade agenda.

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Keystone clears hurdles, stage set for Washington showdown

The Keystone XL oil pipeline cleared two hurdles on Friday, setting up a showdown between Congress and President Barack Obama who has raised new questions about the project after more than six years of review.

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Obama says he'll sign government spending bill passed by Congress

President Barack Obama said on Monday he planned to sign a $1.1 trillion spending bill that was passed over the weekend by Congress to lift the threat of a government shutdown.

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Wall Street scores a win in Washington, eyes more victories

Five years after President Barack Obama slammed Wall Street "fat cat" bankers, some of the nation's biggest banks this week successfully lobbied Congress to roll back a hotly debated provision in the 2010 Dodd-Frank financial reform law.

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U.S. Senate aims to vote Monday on $1.1 trillion spending bill

The U.S. Senate on Friday struggled to pass a $1.1 trillion spending bill that would avert a looming federal government shutdown, postponing a vote until Monday when procedural hurdles begin to evaporate.

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Obama sketches 2015 agenda of taxes, trade; meets McConnell

President Barack Obama on Wednesday laid out a business-friendly legislative agenda for next year that hinges on whether he and the new Republican Congress can set aside long-simmering disputes and find common ground.

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In blow to tax negotiators, Obama threatens veto

President Barack Obama pledged on Tuesday to veto a deal still under negotiation in Congress that would make several expiring business tax breaks permanent.

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Obama pressures FCC for strong net neutrality rules

U.S. President Barack Obama on Monday said Internet service providers should be regulated more like public utilities to make sure they grant equal access to all content providers, touching off intense protests from cable and telecoms companies and Republican lawmakers.

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Dollar rebounds on U.S. election, Asian shares fall

The dollar and U.S. stock futures pushed higher on Wednesday after Republicans scored a sweeping victory in U.S. mid-term elections, while Asian shares wilted and oil prices extended losses after more soft economic data from China.

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Unknown election outcome is stocks' big fear

A handful of toss-up U.S. Senate races next week could hold the key to whether the stock market glides through the year-end in a typical post-midterm election rally or gets hit with a fresh bout of volatility.

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