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The Trump administration on Friday said it was weighing broad-based tariffs and quotas to curb imports of steel and aluminum to protect national security, though officials stressed no final decisions had been made and the final policy could be limited. The recommendations were part of internal administration reports released Friday laying out the options for…
SEOUL—At the Winter Olympics, North Korea’s athletes, cheerleaders and performers are trying to score charm points for a regime seeking to improve its image. They are also racking up hotel bills they don’t plan to pay. On Wednesday, South Korea approved a $2.7 million fund to cover North Korean costs such as the bill at…
The stock market's Red October may have felt like a major gut punch for investors, but it was actually pretty tame compared to the type of meltdown that will one day end the bull market. So says Chris Hyzy, the chief investment officer for Bank of America's Global Wealth and Investment Management division. Hyzy notes…
WASHINGTON—Attorneys for the woman who accused Brett Kavanaugh of sexual assault said she wants a full investigation of the allegations before she testifies on Capitol Hill, throwing into doubt a planned Monday hearing that would have pitted her word against that of the Supreme Court nominee. In a letter Tuesday to Judiciary Committee Chairman Chuck…
SEOUL—After an Olympics outreach that helped spark a thaw between South Korea and its nuclear-armed rival in the North, the newest tension-easing technique is K-pop diplomacy. North Korean leader Kim Jong Un and his wife were in the audience Sunday as some of the biggest names in South Korean popular entertainment took to the stage…
Passive fund managers are here to stay and aren't likely to cede much of their investor dollars to stock pickers in the medium term, according to Goldman Sachs. The firm calculated that the assets managed by exchange-traded funds have increased 300% since 2011, versus 80% for mutual funds. But there are strategies that active managers…
Premier Silicon valley investor Mary Meeker is seeking to raise around $1.25 billion for a new growth fund, multiple sources tell Business Insider. Meeker, who recently split off from storied venture firm Kleiner Perkins Caufield & Byers to create her own fund, has yet to begin formal fundraising efforts. The amount Meeker seeks to raise…
MOSCOW—Russian opposition leader Alexei Navalny threatened protests and called for a nationwide boycott of next year’s presidential election after officials Monday ruled him ineligible to run against President Vladimir Putin. “We are declaring a voters’ strike,” said Mr. Navalny, 41 years old, in a video released after the Central Election Committee announced it would bar…
President Donald Trump hosted a "Make America Great Again" rally in a hot Olentangy Orange High School in Lewis Center, Ohio on Aug. 4, 2018. REUTERS/Leah Millis In the lively style typical of his campaign, President Donald Trump held a rally with a cheering crowd of supporters in Lewis Center, Ohio on Saturday night. Trump…
Kai-Fu Lee, former president of Google China at the Disrupt SF 2018 conference. Disrupt SF 2018 Kai-Fu Lee, the former president of Google China, doesn't give his former company very good odds of success if it decides to re-enter the Chinese market. Speaking to an audience at the Disrupt 2018 conference in San Francisco, Lee…