White House aide says Republicans might try for Obama impeachment

White House aide says Republicans might try for Obama impeachment

By Steve Holland WASHINGTON (Reuters) – A top White House adviser said on Friday Republicans might try to impeach President Barack Obama over his go-it-alone immigration strategy, as Obama prepared to talk about the U.S. border crisis with Central American presidents. Dan Pfeiffer, one of Obama’s longest-serving advisers, told reporters that the executive actions Obama [...]

U.S. business spending data gives mixed signals on growth

U.S. business spending data gives mixed signals on growth

By Lucia Mutikani WASHINGTON (Reuters) – A mixed reading on the health of U.S. business investment on Friday suggested the economy may not have rebounded as strongly in the second quarter as previously believed, but it offered hope for the rest of 2014. Non-defense capital goods orders excluding aircraft, a closely watched proxy for business [...]

EU edges to economic sanctions on Russia but narrows scope

EU edges to economic sanctions on Russia but narrows scope

By Adrian Croft and Barbara Lewis BRUSSELS (Reuters) – The European Union reached outline agreement on Friday to impose the first economic sanctions on Russia over its behavior in Ukraine but scaled back their scope to exclude technology for the crucial gas sector. The sanctions on access to capital markets, arms and hi-tech goods are [...]

Bad weather seen as probable cause of Air Algerie crash

Bad weather seen as probable cause of Air Algerie crash

By Chine Labbé and Tiemoko Diallo PARIS/BAMAKO (Reuters) – Poor weather was the most likely cause of the crash of an Air Algerie flight in the West African state of Mali that killed all 118 people on board, French officials said on Friday. Investigators at the scene of the crash in northern Mali concluded the [...]

Lower printer sales hurt Xerox’s revenue

Lower printer sales hurt Xerox’s revenue

(Reuters) – Xerox Corp reported a 2 percent fall in second-quarter revenue, hurt by lower demand in its printing business. Net income attributable to Xerox fell to $266 million, or 22 cents per share, for the quarter ended June 30, from $271 million, or 21 cents per share, a year earlier. Revenue fell to $5.29 [...]

Australia to send 100 extra police, troops to Ukraine: PM Abbott

Australia to send 100 extra police, troops to Ukraine: PM Abbott

By Matt Siegel SYDNEY (Reuters) – Australia will send 100 additional police and some defense force personnel to Europe to join a planned Dutch-led international security force to secure the Malaysia Airlines Flight MH17 crash site, Prime Minister Tony Abbott said on Friday. The Australian Federal Police (AFP) officers, some of whom will be armed, [...]

GM recalls far from calamity for some dealers who find new customers, business

GM recalls far from calamity for some dealers who find new customers, business

By Nick Carey and Bernie Woodall FOX LAKE Ill. (Reuters) – The news about deadly crashes linked to a faulty ignition switch, followed by wave upon wave of recalls, did not bode well for General Motors dealers earlier this year. It conjured visions of worried, frustrated drivers pouring onto lots like Raymond Chevrolet, outside of [...]

China probes more than 25,000 people for graft in first half of year

China probes more than 25,000 people for graft in first half of year

BEIJING (Reuters) – China investigated more than 25,000 people for corruption in the first six months of 2014, state media said on Friday, amid a nationwide crackdown on graft. Nearly 85 percent of the cases investigators pursued involved bribes of more than 50,000 yuan ($8,000) or embezzlement of 100,000 yuan, the official Xinhua news agency [...]

Ukraine faces bitter election in midst of conflict with Russia

Ukraine faces bitter election in midst of conflict with Russia

By Natalia Zinets KIEV (Reuters) – Ukraine’s prime minister has launched what promises to be a bitter election campaign that could divide pro-Western parties and complicate their efforts to fight pro-Russian rebels in the country’s east. Prime Minister Arseny Yatseniuk, a key interlocutor of the West during months of turmoil, announced on Thursday he would [...]

RBS privatization prospects brighten after surprise profit

RBS privatization prospects brighten after surprise profit

By Matt Scuffham and Steve Slater LONDON (Reuters) – Part-nationalized Royal Bank of Scotland boosted its chances of an earlier than expected return to private ownership, posting a surprise 1 billion pound ($1.7 billion) second-quarter profit as its painful restructuring begins to bear fruit. The government has already started selling off shares in its state-backed [...]