
Ford Motor Co said it had reached an agreement with the workers’ union at a historic Brazil plant it plans to shutter by the end of the year, paving the way for a friendly shutdown or potential takeover by a local buyer.

Chevron Corp completed a US$ 350 million purchase of a refinery in the Houston suburb of Pasadena, Texas, from Brazil’s Petrobras, Chevron said in a statement. The sale was agreed to in January, but Chevron put the transfer of the 112,229-barrel-per-day plant’s ownership on hold on April 2, telling Petrobras it had to prove the refinery would operate as promised.

House Speaker Nancy Pelosi on Thursday accused the top US law-enforcement officer of committing a crime by lying to Congress, escalating the showdown between Donald Trump's administration and the Democrats investigating him.

The US Federal Reserve has kept interest rates on hold despite pressure from President Donald Trump to announce a cut. The central bank said borrowing costs will remain at between 2.25%-2.5%.

The United States claimed on Tuesday that Venezuelan President Nicolas Maduro was on his way out, saying he had a plane ready and that senior officials were plotting to oust him, even as the leftist firebrand appeared to survive a military uprising.

President Donald Trump slammed the Federal Reserve on Tuesday for incessantly raising interest rates and said cutting rates by a full point would make the economy surge.

US President Donald Trump, three of his children and one of his companies filed a federal lawsuit on Monday against Deutsche Bank and Capital One Financial Corp to block the banks from complying with federal subpoenas investigating his financial dealings.

The US and China are due to begin a fresh round of talks in Beijing on Tuesday as they edge closer to resolving their damaging trade dispute. The discussions will be led by US Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.

The US military said it sent two Navy warships through the Taiwan Strait on Sunday as the Pentagon increases the frequency of movement through the strategic waterway despite opposition from China.

American health officials report that more than 700 people have been infected by measles this year, marking a 25-year high for the infectious disease. The Centers for Disease Control and Prevention said on Monday that cases had been recorded in 22 states and were mostly affecting unvaccinated children.