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Coronavirus’ spread challenges U.S. investors’ blue-sky view
By Megan Davies NEW YORK (Reuters) – U.S. investors’ persistent optimism that the coronavirus will be short-lived is being challenged by increasing evidence that the virus has spread beyond China’s borders. While the World Health Organization (WHO) said a continued decline in the number of new cases of coronavirus infections in China was encouraging, it […]
Trump’s $4.8 trillion budget gets chilly reception from Congress
By Jeff Mason and Richard Cowan WASHINGTON (Reuters) – President Donald Trump’s $4.8 trillion budget plan for the coming fiscal year drew a prompt rejection on Monday from congressional Democrats, who said it betrayed his promise to protect popular health and safety-net programs. The White House presented the budget as a blueprint for the president’s […]
Exclusive: U.S. ambassador to South Korea is discussing plans to resign – sources
By Hyonhee Shin SEOUL (Reuters) – U.S. Ambassador to South Korea Harry Harris has said privately that he does not plan to stay on beyond the November U.S. presidential election, regardless of whether President Donald Trump wins another term, five sources told Reuters. Harris, a 40-year veteran of the U.S. Navy who started in Seoul […]