Today's Top News Story

Special Report: J&J knew for decades that asbestos lurked in its Baby Powder

LOS ANGELES (Reuters) - Darlene Coker knew she was dying. She just wanted to know why. Read More

 

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Exclusive: T-Mobile, Sprint see U.S. security approval for deal after Huawei concessions - sources

WASHINGTON/NEW YORK (Reuters) - T-Mobile US Inc and Sprint Corp expect their merger to be approved by a U.S. national security panel as early as next week, after their respective parent companies said they would consider curbing their use of equipment from China's Huawei Technologies, people familiar with the matter told Reuters. More »

 

Big Washington clean-up bill leads House Democrats' list

WASHINGTON (Reuters) - When the Democrats take over the U.S. House of Representatives in three weeks, their first order of business is expected to be a wide-ranging bill about political corruption, voter disenfranchisement and cleaning up campaign finance. More »

 

Chris Christie pulls out of Trump's White House chief of staff race

WASHINGTON (Reuters) - Former New Jersey Governor Chris Christie, considered one of President Donald Trump's top candidates for White House chief of staff, abruptly withdrew from consideration on Friday, saying now is not the right time for him to take the job. More »

 

Global growth worries, J&J's tumble drag Wall St. lower

(Reuters) - U.S. stocks slumped on Friday as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson slid after Reuters reported the company knew for decades that asbestos lurked in its Baby Powder. More »

 

U.S. consumer spending strengthening in boost to economy

WASHINGTON (Reuters) - U.S. consumer spending gathered momentum in November as households bought furniture, electronics and a range of other goods, which could further allay fears of a significant slowdown in the American economy even as the outlook overseas continued to darken. More »

 

Exclusive: Nissan probe into Ghosn trains lens on 'CEO Reserve' fund, Dutch unit

YOKOHAMA, Japan (Reuters) - Nissan Motor Co Ltd investigators are examining former Chairman Carlos Ghosn's use of an internal 'CEO Reserve' fund and the role of subsidiaries in the Netherlands and other countries as part of a probe into alleged financial misconduct, two people with knowledge of the inquiry told Reuters. More »

 

Cohen says Trump knew of hush payments, 'doesn't tell the truth'

WASHINGTON (Reuters) - President Donald Trump directed the payment of hush money to two women shortly before the 2016 U.S. presidential election and knew that doing so was wrong, his former personal lawyer Michael Cohen said in a television interview aired on Friday. More »

 

U.S. says China should free Canadians held after Huawei arrest

WASHINGTON/OTTAWA (Reuters) - U.S. Secretary of State Mike Pompeo on Friday said China should free two Canadian citizens who were detained this week after authorities in Canada arrested a senior Chinese technology executive on a U.S. extradition warrant. More »

 

Republican Wisconsin governor signs bills curbing Democrats' power

(Reuters) - Outgoing Wisconsin Republican Governor Scott Walker on Friday signed a package of legislation aimed at weakening the powers of his newly elected Democratic successor, dismissing critics who said the move was a last-minute partisan power grab. More »

 

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