Romney fails to win GOP nomination for senate, heads to primary in November

(Reuters) – Mitt Romney’s restart of his political career hit a roadblock Saturday. The 2012 Republican presidential candidate and former Massachusetts governor failed to win the Utah Republican Party’s nomination, which means he must face 11 challengers in a June primary for the U.S. Senate seat being vacated by retiring…

Treasury chief may visit China as trade tensions simmer

WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday he may travel to China, a move that could ease tensions between the world’s two largest economies, as international policymakers acknowledged Beijing needs to change its trade practices.

U.S. Treasury chief may visit China as trade tensions simmer

WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday he may travel to China, a move that could ease tensions between the world’s two largest economies, as international policymakers acknowledged Beijing needs to change its trade practices.

U.S. Treasury chief may go to China as trade tensions simmer

WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin may visit China, in a move that could help defuse rising trade tensions between the world’s two largest economies that threaten to derail a global economic recovery.

U.S. regulator permits China’s ZTE to submit more evidence

NEW YORK (Reuters) – The U.S. Commerce Department has granted ZTE Corp’s request to submit more evidence after the agency banned American companies from selling to the Chinese technology firm, a senior Commerce official said on Saturday.

North Korea says will stop nuclear tests, scrap test site

SEOUL (Reuters) – North Korea will immediately suspend nuclear and missile tests and scrap its nuclear test site and instead pursue economic growth and peace, the North’s state media said on Saturday, ahead of planned summits with South Korea and the United States.

Iran vows ‘expected and unexpected’ moves if U.S. exits deal

DUBAI (Reuters) – Iranian President Hassan Rouhani said on Saturday Iran’s atomic agency was ready with “expected and unexpected” reactions if the United States pulls out of a multinational nuclear deal, as U.S. President Donald Trump has threatened to do.

Trump’s next $100 billion tariff dilemma: hit Wal-Mart or Apple Store?

WASHINGTON (Reuters) – U.S. consumers may be about to directly feel the effects of the trade fight started by U.S. President Trump with China and other countries this year when a new list of Chinese imports to be taxed is announced in coming days.

Trade tensions set for brighter U.S. corporate spotlight

NEW YORK (Reuters) – The potential for an intensifying trade dispute to undercut the U.S. stock market could become clearer next week when a host of multinational companies reports quarterly results that may provide a glimpse into the impact of those global tensions.

Democrats sue Russia, Trump campaign for alleged 2016 election conspiracy

WASHINGTON (Reuters) – The Democratic Party sued the Russian government, U.S. President Donald Trump’s campaign and WikiLeaks on Friday, charging that they carried out a wide-ranging conspiracy to influence the 2016 U.S. presidential election.

Avicii, Swedish electronic dance music artist and DJ, dead at 28

(Reuters) – Swedish DJ and record producer Avicii, one of the biggest stars of electronic dance music (EDM) in Europe, was found dead on Friday at the age of 28, his U.S. publicist said.

Lawmakers propose giving top NY prosecutor power to bypass Trump pardons

NEW YORK (Reuters) – New York state lawmakers on Friday introduced legislation to give the state’s attorney general and other local prosecutors the power to bring criminal charges against people pardoned by U.S. President Donald Trump.

Stocks dip on tech worries, oil slides after Trump tweet

LONDON (Reuters) – World stocks dipped on Friday as worries about a global slowdown in smartphone demand dented the technology sector while oil prices fell after U.S. President Donald Trump said prices were artificially high.

China’s ZTE slams U.S. ban, says company’s survival at risk

HONG KONG (Reuters) – China’s ZTE Corp said on Friday that a U.S. ban on the sale of parts and software to the company was unfair and threatens its survival, and vowed to safeguard its interests through all legal means.

Comey says in memos that Trump showed concern about leaks, loyalty, dossier

WASHINGTON (Reuters) – Former FBI Director James Comey in memos recounting conversations with U.S. President Donald Trump last year said Trump repeatedly raised concern over salacious allegations in an intelligence dossier, the need for loyalty and ferreting out leakers.

Global stocks set for second week of gains, commodities ease

LONDON (Reuters) – World stocks dipped on Friday but were set for a second week of gains after a strong start to the global corporate earnings season, while a rally in commodity prices fizzled out.

Exclusive: Lockheed Martin to propose stealthy hybrid of F-22 and F-35 for Japan – sources

TOKYO (Reuters) – U.S. defense contractor Lockheed Martin Corp plans to offer Japan a stealth fighter design based on its export-banned F-22 Raptor and advanced F-35 Lightning II aircraft, two sources said.

End of Sorrell’s reign heralds change for big ad empires

LONDON (Reuters) – Martin Sorrell’s departure from the world’s biggest advertising company heralds change for his sprawling WPP empire and may accelerate a shake up of the big ad groups that followed his lead.

Exclusive: U.S. sorghum armada U-turns at sea after China tariffs

CHICAGO (Reuters) – Several ships carrying cargoes of sorghum from the United States to China have changed course since Beijing slapped hefty anti-dumping deposits on U.S. imports of the grain, trade sources and a Reuters analysis of export and shipping data showed.

Rosenstein told Trump last week he is not a target in Russia probe

(Reuters) – U.S. Deputy Attorney General Rod Rosenstein told President Donald Trump last week that he is not a target of Special Counsel Robert Mueller’s Russia investigation, according to a source familiar with the probe.

Trump’s looming trade war gives Democrats an opening in farm country

JAMESTOWN, N.D. (Reuters) – North Dakota’s Heidi Heitkamp, one of the most endangered Democrats in the U.S. Senate, knows a political gift when she sees one.

U.S. watchdog sends criminal referral on ex-FBI deputy director: source

WASHINGTON (Reuters) – The Office of the Inspector General at the U.S. Department of Justice has referred its findings on former FBI Deputy Director Andrew McCabe to the U.S. attorney in Washington for possible criminal prosecution, according to a person familiar with the referral on Thursday.

Exclusive: EPA chief’s aides, security agents made $45,000 trip to Australia

WASHINGTON (Reuters) – U.S. Environmental Protection Agency chief Scott Pruitt, under fire from lawmakers for travel and security expenses, spent about $45,000 in government money to fly five people to Australia to prepare for a planned trip that was later canceled.

Chicago’s gun-toting students outnumber those of New York, Los Angeles: study

CHICAGO (Reuters) – Chicago high school students were far more likely to report carrying a firearm in recent years than their peers in New York and Los Angeles, a probable factor in Chicago’s 2016-17 spike in gun violence, a study showed on Thursday.

Trump launches effort to boost U.S. weapons sales abroad

WASHINGTON (Reuters) – The Trump administration rolled out a long-awaited overhaul of U.S. arms export policy on Thursday aimed at expanding sales to allies, saying it will bolster the American defense industry and create jobs at home.

Justice Department watchdog to report on Clinton-related FBI leaks

WASHINGTON (Reuters) – A long-awaited U.S. Justice Department internal watchdog report on former FBI chief James Comey’s public disclosures on Hillary Clinton’s use of a private email server while secretary of state and whether FBI employees leaked information to try to hurt her 2016 presidential bid is expected to be…

Assad steps up efforts to crush last besieged enclaves

BEIRUT (Reuters) – The Syrian government on Thursday stepped up its efforts to retake the opposition’s last besieged enclaves, as rebels prepared to withdraw from one and a newspaper reported an ultimatum against another.

P&G to buy German Merck’s consumer health unit for $4.2 billion

(Reuters) – Procter & Gamble Co (P&G) has agreed to acquire Merck KGaA’s consumer health unit for 3.4 billion euros ($4.2 billion), giving it vitamin brands such as Seven Seas and greater exposure to Latin American and Asian markets.

Commodities rocket on $100 oil talk, metals stress

LONDON (Reuters) – Talk that Saudi Arabia has its sights on $80-$100 a barrel oil again ignited a fierce rally in commodities and resource stocks on Thursday, though the potential boost to inflation globally put some pressure on fixed-income assets.

EPA’s Pruitt under spending probe; senators urge his ouster

WASHINGTON (Reuters) – The White House budget office said on Wednesday it was probing whether a $43,000 soundproof phone booth installed for Environmental Protection Agency chief Scott Pruitt violated the law, while dozens of Democratic senators called for him to resign over allegations of ethics lapses.