Trump Plans Curbs on Defense Contractor Pay, Buybacks Over Cost Overruns
The Trump administration is preparing an executive order that would restrict dividends, share buybacks and executive compensation at defense contractors whose projects run significantly over budget or behind schedule, according to sources familiar with...
Trump Orders Blockade of Sanctioned Oil Tankers to Pressure Venezuela
U.S. President Donald Trump on Tuesday ordered a “total and complete blockade” of all sanctioned oil tankers entering or leaving Venezuela, escalating Washington’s pressure campaign against President Nicolas Maduro’s government and targeting the country’s...
U.S. Justice Department Sues Virgin Islands Police Over Gun Permit Practices
The U.S. Justice Department on Tuesday filed a civil rights lawsuit against the Virgin Islands Police Department, alleging unconstitutional practices that led to the denial and delay of gun permit applications. The suit, brought...
FAA Chief Faces Scrutiny Over Undivested Airline Shares
The head of the U.S. Federal Aviation Administration (FAA), Bryan Bedford, has acknowledged that he has not yet divested his shares in Republic Airways, despite an ethics agreement requiring him to do so within...
Manhunt Continues After Brown University Classroom Shooting Kills Two Students
Authorities in Providence, Rhode Island, on Tuesday renewed their appeal for public assistance to identify the gunman responsible for a deadly shooting at Brown University, as the search entered its fourth day with no...
Kerala Industry Minister Inaugurates JVK Motors Showroom, Marking Al Namal Group’s India Foray
The grand opening of the JVK Motors showroom at Vyttila, Kochi, was held successfully on December 16, marking the official entry of the Bahrain-based Al Namal Group into the Indian market. The initiative to...
U.S. Banks See Diverging Trends in Overdraft Fee Income as Regulatory Pressure Eases
Fourteen of the largest U.S. retail banks reported increases in income from overdraft and bounced-check fees during the first nine months of the year, while two major lenders posted sharp declines, according to a...
JD Vance Heads to Pennsylvania to Sharpen White House Economic Pitch Ahead of Midterms
U.S. Vice President JD Vance will travel to Pennsylvania’s Lehigh Valley on Tuesday as the White House intensifies efforts to refine its economic messaging ahead of the midterm elections. The visit comes a week...
M23 Rebels Pledge Withdrawal from Congo’s Uvira Amid U.S. Pressure
Rwanda-backed M23 rebels have said they will withdraw from the eastern Congolese town of Uvira following criticism from the United States, which warned that the seizure of the border town threatened ongoing peace efforts....
U.S. Job Growth Likely Rebounded in November Despite Weak Hiring Trend
U.S. job growth likely picked up in November after an expected decline in October, though economists say the labor market continues to show signs of gradual weakening. The Labor Department’s Bureau of Labor Statistics...