President Donald Trump will “probably” announce tariff compromise deals with Canada and Mexico soon, Commerce Secretary Howard Lutnick said Tuesday. The potential agreements would likely involve scaling back at least part of Trump’s brand new 25% tariffs on imports from Mexico and Canada, he added. Lutnick’s comments came minutes after the U.S. stock market limped to…
Starbucks announced Tuesday that Nordstrom CFO Cathy Smith will join the company as its new chief financial officer, replacing longtime veteran Rachel Ruggeri. The executive change is the latest for Starbucks after Brian Niccol joined the company as chief executive in September with the goal of turning around slumping coffee sales. So far, noteworthy departures…
Mexico has extradited 29 alleged criminals to the United States, among them the so-called “narco of narcos” Rafael Caro Quintero, many accused of murder and several alleged members of cartels now designated as Foreign Terrorist Organizations. Here’s what you need to know about the extradited men and the accusations leveled…
At least one person has been killed and several others have been injured after a car rammed into pedestrians in the southwestern German city of Mannheim, local police said Monday. The incident occurred shortly after midday local time (6 a.m. ET), said Stefan Wilhelm, a spokesperson for Mannheim police. A…
Japan is fighting a forest fire that has damaged dozens of homes and forced hundreds of residents to evacuate in a northeastern coastal city. The fire has burned about 2,100 hectares (5,190 acres) of forest in Ofunato since it started Wednesday, according to the Fire and Disaster Management Agency. The…
There are three major hurdles to holding new elections, officials said. Only three quarters of Ukraine’s polling stations are operable at present and preparations to get elections to “international standards” would take six months, said the deputy head of Ukraine’s electoral commission, Serhiy Dubovyk. Ukraine’s constitution also mandates, upon the…
It’s not unusual to see superheroes in the streets when it’s Carnival time in Brazil. Batman, Superman and Spider-Man are common sights on the streets of São Paulo during what’s sometimes called the world’s biggest party. But among the many people dressed in figure-hugging colorful lycra for this year’s festivities,…
Pope Francis experienced “two episodes of acute respiratory failure,” the Vatican said Monday, marking the latest in a series of medical crises the 88-year-old pontiff has endured since he was first hospitalized last month. Monday’s episodes were caused by “significant accumulation of endobronchial mucus” and a consequent narrowing of the…
Japan’s Prince Hisahito, the second in line to the throne, held a debut news conference on Monday, telling reporters he would try to balance official duties and his university studies and research about the dragonfly. Hisahito turned 18 last September, becoming the first male royal family member to reach adulthood…
As President Donald Trump unleashes sweeping changes across the US government and overturns decades of American foreign policy, Chinese leader Xi Jinping is preparing to hold a major political gathering designed to project something else: tightly-controlled stability. Thousands of delegates are arriving in the Chinese capital this week for the…