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Clinton to propose capital gains tax reform: campaign document

NEW YORK Presidential contender Hillary Clinton will pledge to “reform” capital gains taxation in coming weeks as part of her plan to fight an excessive focus on quick profits in capital markets, according to a campaign talking points document seen by Reuters.... More »

In speech, Clinton to put wages at heart of economic policy

WASHINGTON Democratic frontrunner Hillary Clinton will put the fight for higher wages for “everyday Americans” at the heart of her economic agenda on Monday, when she makes the first major policy speech in her White House bid. Clinton will argue that ensuring ... More »

Euro zone leaders: Greece must do more to earn rescue

BRUSSELS Euro zone leaders told near-bankrupt Greece at an emergency summit on Sunday it must enact key reforms this week to restore trust before they will open talks on a financial rescue to keep it in the European currency area. Leftist Prime Minister Alexis... More »

Senate leader says Congress will block some Obama moves on Cuba

WASHINGTON The top Senate Republican said on Sunday that Congress is likely to block any nominee that President Barack Obama names as ambassador to Cuba and retain broad economic sanctions, even as Obama moves to establish diplomatic and economic ties with the... More »

Key Republicans run from ‘demagogue’ Trump over immigration

WASHINGTON Key Republicans distanced themselves on Sunday from presidential candidate Donald Trump’s denunciation of illegal immigrants from Mexico as rapists and criminals, saying he has become “a wrecking ball” for the party’s ability to win Hispanic voters.... More »

Congress promises rough ride for any nuclear deal with Iran

WASHINGTON The top Republican in the U.S. Senate cast doubt on Sunday on whether President Barack Obama would be able to win approval in Congress for any nuclear deal with Iran, and some Democrats also expressed reservations. “I think it’s going to be a very h... More »

Britain asks BBC’s competitors to review its remit

LONDON Britain’s government will ask the BBC’s competitors to scrutinize the broadcaster’s remit and scale, the government said on Sunday, after years of controversy over how it has been funded. The BBC [TBBC.UL], the world’s largest broadcaster, has long been... More »

The Trump backlash: Latino consumers wield new clout

NEW YORK/CHICAGO When Donald Trump described Mexican immigrants as rapists and drug smugglers last month, Latinos took to social media to express their outrage and urge businesses to sever ties with the billionaire presidential candidate. In short order, more ... More »

U.S personnel agency chief resigns over massive data breach

WASHINGTON The chief of the U.S. federal hiring office resigned on Friday after massive computer hacks at the agency that put the personal data of more than 22 million Americans at risk, including people seeking sensitive security clearances. The White House s... More »

This just in: Greek newspapers running out of paper

ATHENS With banks shut and the economy seizing up, some Greek newspapers like the Empros daily on the island of Lesvos are running out of paper and could be forced to stop sales altogether until the banks open again. The island’s biggest selling newssheet, Emp... More »

Malaysian law firm representing prime minister might sue WSJ

KUALA LUMPUR Malaysian police raided the office of troubled state investment fund 1MDB on Wednesday, following a report that claimed investigators looking into the firm found nearly $700 million had been transferred to Prime Minister Najib Razak’s bank account... More »

Greece faces last chance to stay in euro as cash runs out

BRUSSELS/ATHENS Greece faces a last chance to stay in the euro zone on Tuesday when Prime Minister Alexis Tsipras puts proposals to an emergency euro zone summit after Greek voters resoundingly rejected the austerity terms of a defunct bailout. With Greek bank... More »

WHO urges governments to raise tobacco taxes to beat smoking

LONDON Governments around the world should increase taxes on cigarettes and other tobacco products to save lives and generate funds for stronger health services, the World Health Organization (WHO) said on Tuesday. In a report entitled “The Global Tobacco Epid... More »

Boeing says loss of Ex-Im Bank would be competitive disadvantage

WASHINGTON Loss of U.S. Export-Import Bank financing would put Boeing Co (BA.N) at a “huge competitive disadvantage” since its rivals still have access to such financing support, the head of the company’s commercial aircraft division told reporters on Monday. ... More »

Iran demands end to U.N. missile sanctions, West refuses

VIENNA A dispute over U.N. sanctions on Iran’s ballistic missile program and a broader arms embargo were among issues holding up a nuclear deal between Tehran and six world powers on Monday, the day before their latest self-imposed deadline. “The Iranians want... More »

Disney seeks continued tax exemption from Anaheim, California

LOS ANGELES The “happiest place on Earth” will keep a special tax exemption in Anaheim, California, for 30 more years if the City Council approves the Walt Disney Co’s plan for a $1 billion-plus expansion of its theme park complex in the city. The five-member ... More »

Obama says U.S. to increase support for Syria opposition

WASHINGTON President Barack Obama pledged to increase U.S. support for the moderate opposition in Syria’s civil war on Monday and said the United States needed to do more at home to prevent attacks and combat Islamic State efforts to recruit followers. Obama, ... More »

Brazil’s Rousseff tops off U.S. tour with Silicon Valley visit

(This July 1 story has been corrected to remove reference to Brazil being second-largest market for Apple) By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Brazil’s President Dilma Rousseff capped off her U.S. tour on Wednesday with a visit to Silicon Valley, whe... More »

Obama congratulates U.S. women’s soccer team on World Cup win

WASHINGTON President Barack Obama called the U.S. women’s soccer team on Monday to congratulate them on winning the World Cup, the White House said in a statement. Obama noted player Carli Lloyd’s hat trick early in the game, which the White House said “set th... More »

Donald Trump says some of his comments about Mexico distorted

WASHINGTON After days of outrage, Republican presidential candidate Donald Trump said on Monday that some of his criticism of Mexico has been distorted but stuck to his stance that many illegal immigrants coming across the Mexican border are criminals.A new st... More »

Dutch PM says Greece must accept deep reforms

AMSTERDAM The Netherlands’ prime minister, Mark Rutte, said on Monday that Greece will have to accept deep reforms if it wants to remain in the euro zone. In a debate in parliament in the wake of Greece’s “No” vote on the terms of a bailout package from its cr... More »

Keeping Greece in euro zone still the aim: Dijsselbloem

THE HAGUE Greece’s ‘No’ vote has made discussions with its creditors more difficult, but the aim remains to keep the country in the euro zone, the head of the bloc’s finance ministers said on Monday. “It doesn’t bring us closer to a solution right away. In fac... More »

UK’s Osborne to hit BBC to fund welfare cuts: Sunday Times

LONDON British finance minister George Osborne plans to launch a 650 million pound raid on the BBC to help cover the country’s benefits bill, forcing the corporation to meet the cost of free television licences for the over-75s, the Sunday Times said. It quote... More »

Mexican firm sorry for royally selling president short

MEXICO CITY It could have been the height of diplomatic embarrassment for Mexico’s president. When Enrique Pena Nieto hosted towering King Felipe of Spain this week, it was a tongue-in-cheek paint ad ridiculing his 10- inch height deficit that grabbed the head... More »

BBC to cut over 1,000 jobs as Britons trade TVs for tablets

LONDON The British Broadcasting Corporation will cut more than 1,000 jobs to cover a 150-million-pound gap in license fee income next financial year as millions of viewers turn off their televisions and watch programs on tablets and mobile phones. The BBC, the... More »

EU in last-ditch bid to Greece, urges ‘yes’ vote to bailout

ATHENS The head of the European Commission made a last-minute offer to try to persuade Greek Prime Minister Alexis Tsipras to accept a bailout deal he has rejected before a referendum on Sunday which EU partners say will be a choice of whether to stay in the e... More »

Obama, Rousseff to make up missed White House visit on Tuesday

WASHINGTON President Barack Obama and Brazilian President Dilma Rousseff are set to meet at the White House on Tuesday during a visit aimed at bolstering economic ties and turning the page on a spying scandal. The two leaders will follow a morning meeting in t... More »

Anti-austerity protests in Greece as bank shutdown bites

ATHENS Tens of thousands of Greeks rallied on Monday to back their leftwing government’s rejection of a tough international bailout after a clash with foreign lenders pushed Greece close to financial chaos and forced a shutdown of its banking system. With a po... More »

California bill to limit vaccine exemptions goes to governor

SACRAMENTO, Calif. California lawmakers on Monday sent Governor Jerry Brown a bill to substantially limit vaccine exemptions for school children in the most populous U.S. state, following last year’s measles outbreak at Disneyland that sickened more than 100 p... More »

France attack suspect admits killing, police make link to Syria

PARIS The suspected Islamist who attempted to blow up a French chemical plant on Friday has admitted killing his manager beforehand, a source close to the investigation said on Sunday, as police linked the suspect to a militant now in Syria. Yassin Salhi, 35, ... More »

Trump to Univision: Don’t even think about golf at Doral

WASHINGTON In the political equivalent of “get off my lawn,” Donald Trump on Friday declared his Miami golf course off limits to anyone from the Spanish-language broadcast company Univision over its decision to dump the Miss USA beauty pageant. Trump’s inflamm... More »