Tag Archives: Citing

Trump ‘cancels’ London visit to dedicate new U.S. Embassy, citing ‘bad deal’ to sell and relocate building

The new U.S. Embassy building is seen during a press preview near the River Thames in London. (Reuters) President Trump said he has called off a planned ceremonial visit to Britain because he didn’t want to be associated with what ...

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Walmart, Citing Tax Cuts, Will Raise Starting Wages and Expand Benefits

Advertisement Walmart, the nation’s largest private employer, said on Thursday that it would raise its starting wages, give bonuses to some employees and vastly expand maternity and parental leave benefits for its army of more than one million hourly workers. ...

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MoneyGram and Ant Financial Call Off Merger, Citing Regulatory Concerns

Advertisement WASHINGTON — After failing to get regulatory approval in the United States, MoneyGram and Ant Financial of China called off their planned merger on Tuesday, the latest deal to fall apart over concerns about Chinese purchases of American businesses. ...

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Pence Postpones Trip to Middle East, Citing Vote on Tax Bill This Week

Advertisement WASHINGTON — Vice President Mike Pence is pushing back his long-planned trip to the Middle East, his office confirmed Monday, citing the vote on the tax overhaul legislation this week. “The largest tax cut in American history is a ...

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ESPN president John Skipper resigns citing substance addiction

ESPN president John Skipper has announced his resignation, citing a problem with substance addiction. Former ESPN president George Bodenheimer, who worked for the sports media company for more than 30 years, will step in as interim president. The changes are ...

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Tillerson Criticizes Saudi Arabia, Citing Its Policies in Yemen and Lebanon

PARIS — The Trump administration’s infatuation with Saudi Arabia — a defining element of President Trump’s early foreign policy — is cooling. The kingdom’s impetuous effort last month to foment a crisis in Lebanon was the tipping point, but administration ...

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UK defense minister Fallon resigns, citing past behavior

LONDON (Reuters) – British defense minister Michael Fallon resigned from his position on Wednesday saying he accepted his conduct in the past had fallen below high standards. Britain’s Secretary of State for Defence Sir Michael Fallon addresses the Conservative Party ...

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Huntsman and Clariant Halt Chemicals Merger, Citing Investor Revolt

LONDON — Two of the world’s leading chemical manufacturers, the Huntsman Corporation and Clariant of Switzerland, terminated a planned multibillion-dollar merger on Friday, bowing to pressure from activist investors who opposed the deal. The deal’s demise was the latest success ...

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