World

Attempt to Break Italian Government Impasse Fails

A fresh attempt to broker an agreement to form a new government in Italy fell into disarray after a presidential mediator failed to bridge differences that have persisted among the parties since last month’s national elections

World

An Oil Deal Between Saudi and Russia Worked. Now What?

Officials from the two countries will meet this weekend, not only to review compliance among the 24 oil producers who agreed 18 months ago to cut output, but also to discuss their intentions for the future of the pact.

Business

Housing Starts Edge Higher as Apartment Construction Surges

U.S. housing starts increased in March but single-family home construction pulled back, which could spell continued inventory shortages and rapid price increases for buyers in the coming months.

World

Western Hemisphere Leaders Say They Won't Recognize Venezuelan Elections

Leaders from across the Americas centered their attention on Venezuela’s authoritarian government, as the U.S. and Latin America’s biggest nations said they wouldn’t recognize next month’s presidential election, calling it a farce.

Business

Airlines Know You Hate the Airport, and Are Trying to Do Something About It

Airports are emerging as a new battleground for airlines trying to find a competitive edge. American Airlines signed on last month to a $8.5 billion renovation at O’Hare International Airport after bristling for months at what it argued was preferential

World

Syrian Refugees Entering the U.S. Is Down to Trickle

The U.S. has admitted 11 Syrian refugees in the last five months, a contrast to the final years of the Obama administration, when thousands of Syrian refugees came to the country.

Business

U.S. Budget Deficit Widens on Lower Revenue, Higher Spending

The U.S. government’s budget deficit widened in the first half of its fiscal year as spending rose faster than revenues compared with the first six months of fiscal 2017.

Business

Theranos Lays Off Most of Its Remaining Workforce

Blood-testing firm Theranos laid off most of its remaining workforce in a last-ditch effort to preserve cash and avert or at least delay bankruptcy for a few more months.

Business

U.S. Trade Gap Widens in First Months of 2018

The U.S. trade gap widened in February, largely reflecting an increase in the goods deficit and a decline in the services surplus the U.S. typically holds.

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