Older workers helped fuel recent U.S. growth. Can it last?

Older workers helped fuel recent U.S. growth. Can it last?
MILWAUKEE, Wis. (Reuters) – As a record-breaking economic expansion nears the decade mark, people like Marty Groth may determine whether it is forced into a lower gear. Patrick McHugh lectures to an information technology class at the Milwaukee Area Technical College in Milwaukee, Wisconsin, U.S., March 28, 2019. REUTERS/Howard Schneider Not long ago, the 60-year-old Groth found himself out of... Read More

Trump, Twitter CEO chat at White House after fresh attack on social media giant

Trump, Twitter CEO chat at White House after fresh attack on social media giant
FILE PHOTO: U.S. President Donald Trump attends the 2019 White House Easter Egg Roll on the South Lawn of the White House in Washington, U.S., April 22, 2019. REUTERS/Shannon Stapleton WASHINGTON (Reuters) – U.S. President Donald Trump met with Twitter Inc’s Chief Executive Jack Dorsey on Tuesday, hours after attacking the social media company over his claims it is biased... Read More

U.S. accuses pair of stealing secrets, spying on GE to aid China

U.S. accuses pair of stealing secrets, spying on GE to aid China
WASHINGTON (Reuters) – A former engineer and a Chinese businessman have been charged with economic espionage and conspiring to steal trade secrets from General Electric Co to benefit China, according to an indictment unsealed by the U.S. Justice Department on Tuesday. FILE PHOTO: The logo of U.S. conglomerate General Electric is pictured at the company’s site of its energy branch... Read More

Twitter shares jump, ascribes growth to fight against abuse

Twitter shares jump, ascribes growth to fight against abuse
NEW YORK (Reuters) – Shares in Twitter Inc jumped 13 percent on Tuesday after the social media company reported quarterly revenue above analyst estimates, which executives said was the result of weeding out spam and abusive posts and targeting ads better. New ad formats, partnerships with content providers like the U.S. National Basketball Association and efforts to patrol abusive content... Read More

U.S. to end all waivers on imports of Iranian oil, crude price jumps

U.S. to end all waivers on imports of Iranian oil, crude price jumps
WASHINGTON (Reuters) – The United States on Monday demanded that all buyers of Iranian oil stop purchases effective May 1 or face sanctions, a move to choke off Tehran’s oil revenues which sent crude prices to six-month highs on fears of a potential supply crunch. The Trump administration’s move on Monday not to renew exemptions granted last year to major... Read More

U.S. prepares to end Iran oil waivers; Asian buyers to be hardest hit

U.S. prepares to end Iran oil waivers; Asian buyers to be hardest hit
WASHINGTON/SINGAPORE (Reuters) – The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their highest for 2019 so far. FILE PHOTO: Gas flares from an oil production platform at the Soroush... Read More

U.S. prepares to end Iran oil waivers, triggering price spike

U.S. prepares to end Iran oil waivers, triggering price spike
WASHINGTON/SINGAPORE (Reuters) – The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their highest for 2019 so far. FILE PHOTO: Gas flares from an oil production platform at the Soroush... Read More

U.S. prepares to end exemptions on Iran sanctions, and oil prices soar

U.S. prepares to end exemptions on Iran sanctions, and oil prices soar
WASHINGTON/SINGAPORE (Reuters) – The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their highest for 2019 so far. FILE PHOTO: Gas flares from an oil production platform at the Soroush... Read More