Weekend: Chance of Precipitation: Fri: % / Sat: % / Sun: %.
Trump pays surprise visit to his Washington hotel
China says can resolve trade disputes with new U.S. government
China and the United States can resolve any trade disputes through talks, the government said on Thursday, as a Chinese newspaper warned U.S. business could be targets for retaliation in any trade war ushered in by President-elect Donald Trump. Trump, who is sworn into office on Friday, has criticized China's trade practices and threatened to impose punitive tariffs on Chinese imports. Billionaire investor Wilbur Ross, Trump's choice for commerce secretary, voiced sharp criticism of China's trade practices on Wednesday, telling senators he would seek new ways of combating them.
North Korea preparing to test new missiles: report
North Korea is preparing to test new rockets, a report said Thursday, after its leader Kim Jong-Un said the country was in the final stages of developing inter-continental ballistic missiles. Pyongyang's missile programme and its pursuit of nuclear arms have seen it repeatedly sanctioned by the UN Security Council. Quoting high-level South Korean officials and South Korean and US military sources, the South's Yonhap news agency said two new missiles had been loaded onto mobile launchers.
Virginia executes man convicted of slaying of family of 4
Samsung chief allowed home, prosecutor vows to keep chasing
A South Korean court on Thursday denied a special prosecutor clearance to arrest the head of Samsung Group [SAGR.UL], the country's largest conglomerate, amid a graft scandal that has led to the impeachment of President Park Geun-hye. The pre-dawn decision by the Seoul Central District Court to allow him to go home was welcomed by Samsung Group. The 48-year-old left the Seoul Detention Centre carrying a white shopping bag and climbed into a car without talking to reporters, having been held overnight as the court deliberated whether to grant the arrest warrant.
Vegemite goes home: Oreo maker sells to Australia's Bega
Trump to name ex-Georgia Governor Perdue as agriculture secretary
U.S. President-elect Donald Trump will name former Georgia Governor Sonny Perdue as his nominee for secretary of agriculture on Thursday, a senior transition official said on Wednesday. By nominating a former governor from a Southern state, Trump eschewed candidates from major Farm Belt states in the Midwest that produce the bulk of crops such as corn, soybeans and wheat which dominate agriculture exports. While Georgia governor, Perdue had to handle a severe drought in 2007, during which he took steps to cut water usage and at one point led a service outside the state capitol to pray for rain.
Asian shares mixed, Japan's Nikkei gains on weaker yen
Longtime Astros slugger Bagwell elected to Hall of Fame
Pentagon chief says he opposed cutting Manning's prison term
Pliskova, Konta continues winning runs in Australia
Toshiba dives on reported nuclear power losses
The stock dived more than 17 percent to 238 yen after the Nikkei newspaper said the conglomerate could book losses of more than 500 billion yen ($4.4 billion) in its nuclear reactor business. Toshiba said in a statement that the exact figure of the potential write-down was still being worked out. Toshiba stock has fallen about 45 percent since the company, which makes everything from nuclear reactors to laptops, warned last month of a possible one-time loss on its US nuclear business.
Wall Street getting scant guarantees as Trump takes office
Wall Street caught fire following President-elect Donald Trump's shock White House win in November, but will this largely speculative run fizzle out after Trump takes office on Friday? Since Trump's victory, major stock indices in New York have experienced two phases: they rallied for a month, repeatedly smashing records, and then stalled toward the New Year, though holding on to unprecedented gains.
Trevor Hoffman misses Hall of Fame election by 5 votes
AP Source: Trump picks former Ga. Gov. Perdue to lead USDA