Government And Institutions

U.S. Judge Hands Win to Republicans in Obamacare Challenge

A U.S. judge on Thursday handed a victory to congressional Republicans who challenged the implementation of a provision of President Barack Obama's signature healthcare law involving reimbursements from the government to private health insurers.

Bank of England Leaves Key Interest Rate Unchanged

The Bank of England stepped up its warnings about the economic risks if Britain votes to leave the European Union, saying on Thursday that sterling could fall sharply and unemployment would probably rise.

Trump, Ryan to Meet in Search for Republican Unity

U.S. Republican presidential candidate Donald Trump will hold an unusual tete-a-tete on Thursday with Paul Ryan, the country's top elected Republican, to see if they can begin healing fissures in the party created by Trump's insurgent candidacy.

NFIB President: Overtime Rules Would Sock Small Business

The National Federation of Independent Business’s (NFIB) gauge of small business optimism showed improvement in April, but the firm’s leader said new regulations concerning overtime rules might put that positive feeling on ice.

FBI Paid More Than $1.3M to Break into San Bernardino iPhone

Federal Bureau of Investigation Director James Comey said on Thursday the agency paid more to get into the iPhone of one of the San Bernardino shooters than he will make in the remaining seven years and four months he has in his job.

VW, DOJ Reach Deal on Diesel Emissions

Volkswagen AG and the Justice Department reached a deal in principle to address excess diesel emissions in nearly 600,000 polluting vehicles that will include buyback offers and a possible fix, a federal judge said Thursday.

Draghi to Mount Defense of ECB

ECB President Mario Draghi is likely to drive home the case for ultra-loose monetary policy on Thursday, hitting back at a barrage of criticism in Germany of its recipe for tackling the economic malaise.