Today's Top News Story

Judge rules against Trump, paves way for banks to provide his business records to Congress

NEW YORK (Reuters) - U.S. President Donald Trump, three of his children and the Trump Organization on Wednesday lost their bid to block Deutsche Bank AG and Capital One Financial Corp from providing financial records to Democratic lawmakers investigating Trump's businesses. Read More


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Pentagon mulling U.S. military request to send 5,000 troops to Middle East: officials

WASHINGTON (Reuters) - The U.S. Department of Defense is considering a U.S. military request to send about 5,000 additional troops to the Middle East amid increasing tensions with Iran, two U.S. officials told Reuters on Wednesday. More »


Retired Admiral McRaven has no regrets over criticizing Trump

NEW YORK (Reuters) - Retired Navy Admiral and former U.S. special operations chief William McRaven has no regrets about criticizing President Donald Trump, though he said on Wednesday that friends in the military faulted him for disparaging the commander-in-chief. More »


Trump torpedoes meeting with Democrats, blasts Pelosi's 'cover-up' accusation

WASHINGTON (Reuters) - President Donald Trump on Wednesday abruptly cut short a White House meeting with Democratic lawmakers on infrastructure, then ripped into them over House Speaker Nancy Pelosi's accusation that he is engaged in a cover-up and asserted that he could not work with them unless they dropped multiple investigations. More »


Asia feels chill from Sino-U.S. tech cold war

SYDNEY (Reuters) - Asian shares were stuck in the red on Thursday amid worries the Sino-U.S. trade conflict was fast morphing into a technology cold war between the world's two largest economies. More »


Explainer: China's rare earth supplies could be vital bargaining chip in U.S. trade war

WASHINGTON (Reuters) - Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers. More »


Uber and Lyft to turn the wheels on car ownership: industry experts

TORONTO (Reuters) - Ride-hailing apps like those of Uber Technologies and Lyft Inc are expected to alter the state of car ownership towards subscription-based services and shared ownership, auto industry experts said at a conference on Wednesday. More »


U.S. Treasury backs away from plan for Harriet Tubman on $20 bill next year

WASHINGTON (Reuters) - The U.S. Treasury will not introduce a redesigned $20 bill picturing escaped slave and abolitionist Harriet Tubman next year as planned, Treasury Secretary Steven Mnuchin said on Wednesday. More »


Amazon shareholders reject facial recognition ban as concern grows in U.S. Congress

(Reuters) - Inc said shareholders rejected proposals to curb and audit its facial recognition service on Wednesday, just as members of Congress indicated there was bipartisan support to one day regulate the technology. More »


Trump antagonist Avenatti indicted for ripping off Stormy Daniels, extorting Nike

NEW YORK (Reuters) - Michael Avenatti's legal troubles escalated on Wednesday as federal prosecutors announced new indictments accusing the lawyer and prominent critic of U.S. President Donald Trump of ripping off porn star Stormy Daniels and extorting Nike Inc. More »


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