Fewer Americans applied for unemployment benefits last week, continuing a nearly two-year trend that suggests a solid job market. THE NUMBERS: Weekly requests for jobless aid fell 10,000 to a seasonally adjusted 265,000, the Labor Department said Thursday. The less volatile four-week moving average for claims was 263,000. Over the past year, the number of […]
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U.S. President-elect Donald Trump is expected to name the chief executive of Exxon Mobil Corp as the country’s top diplomat, a source familiar with the situation said on Saturday, an appointment that would put in place an official with close ties to the Russian government. News of Rex Tillerson’s possible appointment comes as U.S. intelligence […]
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The U.S. government is slated to sell $375 million worth of crude oil from the country’s emergency reserve this winter after Congress passed a temporary spending bill on Friday that contained a measure authorizing the sale. President Barack Obama’s administration has pushed Congress to approve an up to $2 billion plan for a revamp of […]
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Apple Inc. has asked its primary manufacturing partners, Foxconn and Pegatron, to explore making iPhones in the US, Nikkei reported on Thursday. Foxconn has worked on a plan, according to the report, but Pegatron has not, saying that it would be too expensive. Foxconn Chairman Terry Gou is reportedly lukewarm on the plan too, due to […]
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The head of the World Trade Organization said on Wednesday the United States continued to hold a pivotal role in global commerce, and he would support the administration of Donald Trump in ensuring trade was a positive force for job creation. “U.S. leadership in the global economy and the multilateral trading system remains vital,” WTO […]
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U.S. Federal Communications Commission on Thursday voted 3-2 to adopt new privacy rules that will subject broadband internet service providers to more stringent requirements than websites like Facebook Inc, Twitter Inc or Alphabet Inc’s Google. The rules will force companies like AT&T Inc, Verizon Communications Inc and Comcast Corp to obtain consumer consent before using […]
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The teen daughter of former US Olympic sprinter Tyson Gay was fatally shot early Sunday, police said. Police say 15-year-old Trinity Gay, a star high school runner herself, was struck by a bullet during a shootout at about 4 a.m. in the parking lot of the Cook Out restaurant and pronounced dead at University of […]
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The International Monetary Fund slashed its forecast for the world’s largest economy Tuesday, saying the United States has lost some of the momentum that has anchored global growth the last few years. The global crisis lender predicted the US economy would expand by just 1.6 percent this year, compared to its July estimate of 2.2 […]
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The U.S. beat Spain 101-72 to take gold, staying undefeated in Olympic play for six straight tournaments. The U.S. women’s basketball team won a sixth consecutive Olympic gold medal Saturday, trouncing Spain 101-72 in Rio. The squad is one gold away from tying the U.S. men’s basketball team’s seven consecutive golds between 1936 and 1968. […]
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The United States on Saturday condemned Mauritania’s imprisonment and alleged torture of protesters, including anti-slavery activists. A court in the west African country handed 13 members of a group fighting hereditary slavery prison sentences on Thursday ranging from three to 15 years. “The United States is gravely concerned about the harsh prison terms,” State Department […]
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The United States Secretary of State, John Kerry is expected to visit Nigeria next week August 23/24. In a report by Channels, Mr. Kerry will be visiting the nation’s capital, Abuja to hold talks with Nigeria’s President Muhammadu Buhari on counter-terrorism efforts, the Nigerian economy, the fight against corruption, and human rights issues. In Abuja, Mr. […]
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NIGERIAN medical practitioners based in the United States of America under the aegis of the Association of Nigerian Physicians in the Americas on Tuesday said they were determined to relocate to the country if the Federal Government could provide incentives for them. The doctors, led by their National President, Nkem Chukwumerije, stated this in Abuja […]
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