DETROIT – Every workday, about 7,400 trucks mostly loaded with automotive parts rumble across the Ambassador Bridge connecting Detroit and Canada, at times snarling traffic along the busy corridor. But if President Donald Trump delivers on threats to slap 25 percent tariffs on imported vehicles and components, far fewer big […]
FAN Editor
Commerce chief Wilbur Ross’ financial holdings get new scrutiny in report highlighting short sale
Commerce Secretary Wilbur Ross last year owned stakes in companies co-owned by China’s government, a shipping firm linked to Russians that he later short sold days before his own controversial ties to it were exposed — and also held more than $10 million in stock of his former employer Invesco […]
CBS News poll: Two-thirds say separating families “unacceptable”
Sixty-seven percent of Americans call it unacceptable to separate children from parents who’ve been caught trying to enter the U.S. illegally. Much of this is driven by large percentages of Democrats (90 percent) and independents (66 percent) who find it unacceptable, while Republicans are more divided overall, with 39 percent calling […]
Iowa farmers face hefty losses from U.S.-China trade war
When President Trump on Friday announced that the U.S. will impose a 25 percent tariff on $50 billion of Chinese goods, China swiftly vowed to retaliate with their own levies on American products. As a trade war between the world’s two biggest economies intensifies, perhaps no one is more in […]
House Republicans face tough vote, especially in districts with large foreign-born populations
House Republicans — especially in districts with a large share of foreign-born voters — face a tough choice on two immigration reform bills expected to come to a vote later this week. To see how foreign-born voters might influence that vote, CNBC compared the latest census data with a recent […]
GameStop is in talks with buyout firms after receiving takeover interest
Videogame and electronics retailer GameStop is holding talks with private equity firms about a potential transaction after receiving buyout interest, people familiar with the matter said on Monday. The company has hired a financial advisor to assist in these discussions, said the people, who asked not to be named because […]
Facebook shares hit all-time high despite data breach fallout
Facebook’s stock was trading at an all-time high on Monday as the social media giant shakes off lingering public and regulatory concerns in the wake of the Cambridge Analytica data breach last March. Continue Reading Below Shares rose more than 1% to $198.39 as of early Monday afternoon. If Facebook stock […]
2 firefighters accused of making porn in firehouse
AKRON, Ohio — Two Akron Fire Department firefighters have been placed on leave following allegations they created pornographic videos in an Akron fire station, reports CBS affiliate WOIO. At a press conference Monday, Akron Fire Chief Clarence Tucker said his department is still investigating when and where the alleged incidents […]
Nielsen defends family separation during heated White House briefing
Last Updated Jun 18, 2018 8:05 PM EDT Department of Homeland Security Kirstjen Nielsen addressed reporters Monday amid intense backlash on the Trump administration’s policy of prosecuting immigrants crossing the border that has resulted in the separation of families. She blamed Congress for a supposed “loophole,” calling on the legislative body […]
Nielsen defends family separation in heated White House briefing
Last Updated Jun 18, 2018 8:05 PM EDT Department of Homeland Security Kirstjen Nielsen addressed reporters Monday amid intense backlash on the Trump administration’s policy of prosecuting immigrants crossing the border that has resulted in the separation of families. She blamed Congress for a supposed “loophole,” calling on the legislative body […]