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Europe's top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines.European Union Trade Commissioner Karel De Gucht said he was prepared to launch a formal investigation into anti-competitive behavior by these Chinese companies in order to protect a "strategic" sector of Europe's economy."Huawei and ZTE are dumping their products on the European market," De Gucht told Reuters in an exclusive interview before engaging with U.S. businesses as part of his preparations for negotiating a Transatlantic free trade pact with the United States. Those talks are expected to begin in July.An investigation now into sales practices of Chinese telecoms equipment companies would open up a new front in a multibillion-euro trade offensive against a critical partner.The EU is China's most important trading partner, while for the EU, China is second only to the United S...
The Obama administration on Wednesday announced a $1 billion initiative to fund innovations in federal healthcare programs aimed at cutting costs while improving the...
The IRS's targeting of tax-exempt applications from conservative social welfare groups is worse than initially believed, a new government report shows.Moreover, the ...
The Congressional Budget Office said Tuesday the federal deficit is expected to shrink to $642 billion in the fiscal year that ends Sept. 30, down sharply from last ...
Russia detained a diplomat from the U.S. Embassy in Moscow whom it accused of being an undercover Central Intelligence Agency officer attempting to recruit a member ...
The "social welfare" mission for tax-exempt nonprofit groups certainly covers issues about government spending, government debt, federal taxes, "how the government i...
The researcher whose report prompted a spike in health stocks last month appears to have relied on lobbyists rather than U.S. government insiders who had direct know...
The Obama Administration declined to comment on whether Bloomberg News reporters may have snooped on White House officials who use Bloomberg financial terminals and ...
The Arctic Council, a once-obscure regional forum that had little to show for itself, has nations queuing to participate at a meeting this week in Sweden, as melting...
NBC announces Seth Meyers will be the new ‘Late Night’ host, following in Jimmy Fallon’s footsteps. Branding and marketing expert Cliff Courtney weighs in on the promotion, and the lessons for how to take your business to the next level.
The controversy now unfolding at the Internal Revenue Service -- that it targeted for rejection the nonprofit status of the Tea Party and other conservative groups t...
The Obama administration is unlikely to make a decision on the Canada-to-Nebraska Keystone XL pipeline until late this year as it painstakingly weighs the project's ...
Republican lawmakers blasted the Internal Revenue Service on Friday after a top IRS official apologized for "inappropriate" targeting by the agency of applications f...
President Barack Obama on Friday sought to turn the spotlight from controversies threatening to swamp his agenda back to his top priority - the economy - and announc...
I don't know about you, but I like to think I'm a pretty level-headed guy. You almost have to be to survive in the corporate world for as long as I did. I may indulg...
The Republican-controlled House on Friday afternoon approved legislation requiring the nation's Wall Street watchdog to conduct further economic analysis on their ru...
The outgoing head of the Internal Revenue Service apologized on Friday for "foolish mistakes" made at the U.S. tax agency which he said resulted from a heavy workloa...
President Barack Obama named top White House budget office aide Daniel Werfel to be acting commissioner of the Internal Revenue Service, the White House said on Thur...
U.S. President Barack Obama said on Thursday he was committed to fully fixing problems at the Internal Revenue Service, saying any employees involved in targeting co...
President Barack Obama said on Wednesday that acting IRS Commissioner Steven Miller had resigned in response to the controversy over the agency's targeting of conser...
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