By Jeff Mason WASHINGTON (Reuters) – President Donald Trump’s $4.8 trillion budget proposal for fiscal year 2021 is likely to get a chilly reception from lawmakers on Monday over its proposals to slash spending on foreign aid and social safety net programs. The White House plans to unveil the budget blueprint for the fiscal year […]
By David Shepardson WASHINGTON (Reuters) – U.S. Vice President Mike Pence on Friday and the top White House economic adviser dismissed an unusual suggestion from U.S. Attorney General William Barr that the United States consider taking control of two major foreign rivals of China-based Huawei Technologies Co Ltd. Barr, a former general counsel at Verizon […]
MILAN (Reuters) – Italian luxury carmaker Ferrari <RACE.MI> has become the latest manufacturer to join the European carmakers’ association (ACEA), the auto lobby said on Tuesday. ACEA represents manufacturers of passenger cars, vans, trucks and buses with production sites in the European Union and provides benchmark data on vehicle registrations. Ferrari’s membership took effect on […]
