United States President Donald Trump has unveiled sweeping tax reforms which if passed by the Congress would bring down the business tax rate to 15%, introduce territorial tax system that would offer level playing field to American companies.
Playboy founder Hugh M. Hefner, the pipe-smoking hedonist who revved up the sexual revolution in the 1950s and built a multimedia empire of clubs, mansions, movies and television, symbolized by bow-tied women in bunny costumes, has died at age 91. He died of natural causes at his home surrounded by family Wednesday night, Playboy said in a statement.
US current account deficit, which is the broadest measure of US trade, rose to US$123.1bn in the second quarter - its highest level since 2008. The rising gap was driven by a US$5.2bn fall in income receipts from foreigners, particularly in government fines and penalties.
U.S. President Donald Trump said on Tuesday that the United States will be forced to “totally destroy” North Korea unless Pyongyang backs down from its nuclear challenge, mocking North Korean leader Kim Jong Un as a “rocket man” on a suicide mission.
United States President Donald Trump, in his first address to the United Nations General Assembly, will harshly criticize North Korea, Iran and Venezuela. He will speak in extremely tough terms about the North Korean menace and the threat it poses to our security and the security of all the nations in that room, according to a senior White House official who gave reporters a preview of the address.
The United States is considering closing its embassy in Cuba after diplomatic staff reported health problems which Washington blames on a sonic attack. Secretary of State Rex Tillerson said a decision whether to shut to the mission in Havana was under evaluation.
Uruguay has announced that the United States Federal Registry published that beginning 12 October Uruguayan ovine meat, with bone, will have access to the US market. This follows a long decades process which obtained its first milestone at the end of 2013, when access to the US market was granted to boneless lamb and mutton, with the first shipment in early 2014.
Prime Minister Theresa May has phoned US President Donald Trump over a threat to jobs at Bombardier in Belfast from a trade dispute. In 2016, Canadian firm Bombardier won an order to supply up to 125 CSeries passenger jets to US airline Delta. The wings for the CSeries are made at Bombardier's Belfast plant.
Ex-White House chief strategist Steve Bannon says President Trump's firing of the FBI's director was the biggest mistake in modern political history. Mr Bannon told CBS News if James Comey had not been sacked, a special counsel would not have been appointed to probe alleged Russian election meddling.
Hurricane Irma’s leading edge swirled toward Florida state with 195 km/h winds Saturday on a projected new track that could expose Tampa — not Miami — to a direct hit. Tampa has not taken a head-on blow from a major hurricane in nearly a century.