HONG KONG – China will ask Wall Street firms for ways to improve ties with the United States and suggestions to open up its financial sector at a day-long meeting in Beijing on Sunday, people familiar with the matter said. The Chinese government sent invitations for the hastily-convened meeting a few weeks ago as trade […]

The head of US media giant CBS, Les Moonves, has resigned with immediate effect after allegations of sexual misconduct. CBS had been investigating Mr Moonves since allegations appeared in the New Yorker in July – and fresh accusations from six more women appeared on Sunday. Mr Moonves, 68, denies the allegations, calling the latest “appalling”. […]

On the banks of the Hoquiam River in southwestern Washington, a mostly sunken vessel lies along a bank at an angle with only its mast and the top of its pilothouse marking its resting place. This stretch of river is a misty, placid working patch of water marked with boats, boatyards and Highway 101 bridges. The […]

The Tax Cuts and Jobs Act, signed into law last December, provided qualified pass-through businesses with a 20 percent deduction, bringing the effective tax rate for those businesses down to 29.6 percent.   The law established conditions that would have to be met for a company to qualify for the deduction, and it expressly excluded most […]

Tesla chief executive Elon Musk says he will no longer be taking the electric car maker private, just two weeks after saying he was considering a deal. The plan was cancelled after a board meeting on Thursday, he wrote in a post published on the company’s site. Since Mr Musk announced his plan to delist […]

An American woman who had her phone seized by border agents as she returned home to the United States is suing the country’s border protection agency. Rejhane Lazoja was stopped at Newark airport, New Jersey, after returning from a trip to Switzerland in February. Her iPhone was seized by agents after she refused to unlock […]

California’s biggest wildfire on record is expected to burn for the rest of the month, fire officials said on Tuesday. The Mendocino Complex Fire has already engulfed 290,692 acres (117,639 hectares) – almost the size of Los Angeles. Barely a third of it is under control, according to the California Department of Forestry and Fire […]