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Trump, Xi converge on currency, Syria as US-China ties warm
WASHINGTON (AP) — The United States and China struck what appeared to be an unusual bargain Wednesday as President Donald Trump said he won't label China a currency manipulator and voiced confidence Chinese President Xi Jinping will help him deal with North Korea's mounting threat.
Exclusive: North Korea oil imports, airline among possible U.S. sanctions targets - sources
By David Brunnstrom and Matt Spetalnick WASHINGTON (Reuters) - Despite sending a naval force to the Korean peninsula, the Trump administration is focusing its North Korea strategy on tougher economic sanctions, possibly including an oil embargo, banning its airline, intercepting cargo ships and punishing Chinese banks doing business with Pyongyang, U.S. officials say. U.S. President Donald Trump has approved a preliminary broad approach on North Korea and asked his national security team to craft a more detailed framework for new international sanctions and other actions to counter Pyongyang's nuclear and missile programs, one official said.
Former Trump aide denies wrongdoing amid reports of Russia probe
A former Donald Trump advisor at the eye of a firestorm over alleged ties to Russia by the billionaire businessman's presidential campaign on Wednesday denied any wrongdoing. Former aide Carter Page, an oil industry consultant, spoke out amid reports that the FBI investigated him last year for ties to Russian intelligence. The Washington Post reported that federal investigators obtained a rare warrant from the top secret Foreign Intelligence Surveillance Court to monitor Page's communications -- the first concrete confirmation of government surveillance of Trump's team.
Tesla's Musk tells disgruntled shareholders: Buy Ford
By Alexandria Sage and Nick Carey SAN FRANCISCO/DETROIT (Reuters) - A group of Tesla Inc investors has urged the luxury electric car maker to add two new independent directors to its board, without ties to Chief Executive Elon Musk, to "provide a critical check on possible dysfunctional group dynamics." A defiant Musk took to Twitter on Wednesday afternoon to suggest the investors buy stock in Ford Motor Co instead. The Ford family controls the Detroit automaker through two classes of stock. In a letter dated Monday, five investment groups including the California State Teachers Retirement System, Hermes Equity Ownership Services and CtW Investment Group urged Tesla to have all of its directors re-elected annually.
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