United States Senators early Friday narrowly rejected a dramatically slimmed-down Obamacare repeal bill, even after being promised by GOP leaders that the measure would never actually become law.
Amazon Founder, Jeff Bezos Is World's New Richest Man
Amazon founder/CEO, Jeff Bezos is the world's richest person, overtaking Bill Gates to become the world's richest person, worth $90.7bn (£69bn). A recent surge in Amazon shares on Thursday means Mr Bezos's wealth has now eclipsed the Microsoft co-founder by $700m, according to Forbes and Bloomberg.
Boeing Shares Soar As Profit, Cash Beat Projections
Shares of world's biggest plane maker, Boeing, soared nearly 8 percent to a record high after the company posted second-quarter profit and cash results that beat estimates, and lifted its full-year forecasts.
US Retailer, Michael Kors To Buy Jimmy Choo for $1.2 billion
U.S. retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British brand launched in the east end of London and made famous by celebrity fans including Princess Diana.
US Bans Transgender Persons From Military
The United States President, Donald Trump has disclosed that his administration will no longer allow transgender persons to serve in the US military. The President made this known on Wednesday in a series of tweets. He stated that the decision was a product of sustained consultations with serving and retired military Generals as well as experts in the security sector.
Transgender Barred From Serving In The U.S. Military - Trump
U.S. President Donald Trump said on Wednesday he would not allow transgender individuals to serve in the U.S. military in any capacity. "After consultation with my Generals and military experts, please be advised that the United States Government will not accept or allow transgender individuals to serve in any capacity in the U.S. Military," Trump wrote in a series of Twitter posts.
IMF could Move to Beijing in a decade – IMF Chief
The International Monetary Fund could be based in Beijing in a decade if growth trends for China and other big emerging markets continue and these are reflected in the Fund's voting structure, IMF Managing Director Christine Lagarde said on Monday, according to Reuters.