This week’s episode came against the backdrop of a peacemaking visit to Iran by Prime Minister Shinzo Abe of Japan, who brought a note from Mr. Trump to Ayatollah Ali Khamenei, Iran’s supreme leader. The ayatollah dismissed the overture. “I do not see Trump as worthy of any message exchange, and I do not have…
President Trump, activist investor Bill Ackman, and antitrust experts are just a few of the parties that have expressed concern about the proposed all-stock merger-of-equals between United Technologies and Raytheon. It would create an aerospace-and-defense powerhouse with combined revenue of $74 billion. But should Boeing, the world’s largest aerospace company with $101 billion in annual…
Companies across America are not taking the Trump Administration's tariffs on Chinese goods lying down. More than 600 companies large and small, including heavyweight nationwide retailers like Walmart, Costco, Target, and Macy's, signed on to a letter addressed to the Trump Administration decrying the tariffs due to their effect on American consumers. "We encourage the…
THREE THINGS stand out about the protesters who rocked Hong Kong this week. There were a great many of them. Hundreds of thousands took to the streets in what may have been the biggest demonstration since Hong Kong was handed back to China in 1997. Most of them were young—too young to be nostalgic about…
Last week, Gen. Frank McKenzie, the head of the United States Central Command, told reporters traveling with him in the Middle East that he believed the Iranians or their proxies could carry out an attack at any moment. “I think the threat is imminent,” General McKenzie told NBC News, without offering specific evidence or other…
A judge on Thursday refused to order a new trial for a wealthy stock trader convicted of murder in the fiery death of a man who was helping him secretly dig tunnels for an underground nuclear bunker beneath a Maryland home. Montgomery County Circuit Court Judge Margaret Schweitzer rejected a defense attorney’s argument that jurors…
WASHINGTON — The House Oversight and Reform Committee voted on Wednesday to hold Commerce Secretary Wilbur Ross and Attorney General William Barr in contempt of Congress for refusing to comply with subpoenas relating to the addition of a citizenship question on the 2020 US Census, ramping up pressure on more Trump administration officials who are…
A POWERFUL INSIGHT of modern psychology is that humans are hard-wired to fear loss, and will take greater risks to avoid it than to realise a gain. Such insights help to explain protests that have paralysed central Hong Kong in recent days. On June 9th hundreds of thousands of people—over a million, organisers say—peacefully marched…
WASHINGTON — President Trump on Wednesday invoked executive privilege to block Congress from obtaining documents about how a citizenship question was added to the 2020 census, ahead of a House committee vote to recommend that two cabinet secretaries be held in contempt of Congress over the matter. In a letter to the chairman of the…
Walmart Inc. has updated the information network used daily by its suppliers to let them submit cost increases directly attributable to higher U.S. tariffs on Chinese goods. The move shows how the world’s largest retailer, which sells billions of dollars of goods made in China annually, is incorporating the reality of tariffs into its day-to-day…
