Trump likely to face questions over travel ban in CEO's meeting Friday

WASHINGTON (Reuters) - U.S. President Donald Trump will likely face questions on his executive order restricting some travel to the United States when he meets chief executives of major U.S. companies on Friday at the White House.

Read more

Democrats vow fight on Supreme Court nominee, Trump urges 'nuclear option'

WASHINGTON (Reuters) - President Donald Trump on Wednesday urged Senate Republicans to "go nuclear" and invoke a rule change to force a simple majority vote toward confirmation if Democrats block his U.S. Supreme Court nominee, Neil Gorsuch, as Democrats maneuvered for a tough fight.

Read more

Two Republicans won't vote for Trump education pick DeVos, rejection looms

WASHINGTON (Reuters) - Two Republicans in the U.S. Senate said on Wednesday they will not vote to confirm billionaire philanthropist Betsy DeVos as the next secretary of education, increasing the possibility that the charter-schools advocate will be rejected by the Senate.

Read more

Fed holds interest rates steady, remains upbeat on economy

WASHINGTON(Reuters) - The Federal Reserve kept interest rates unchanged on Wednesday in its first meeting since President Donald Trump took office, but painted a relatively upbeat picture of the U.S. economy that suggested it was on track to tighten monetary policy this year.

Read more

Senate panel backs Price as health secretary, Mnuchin for Treasury

WASHINGTON (Reuters) - The Senate Finance Committee on Wednesday voted to confirm Representative Tom Price to head the Department of Health and Human Services and banker Steven Mnuchin to be treasury secretary, sending the nominations to the full Senate for a confirmation vote.

Read more

Iran confirms new missile test, says it does not violate nuclear deal

DUBAI (Reuters) - Iran's defense minister said on Wednesday it had tested a new missile but this did not breach the Islamic Republic's nuclear accord with world powers or a U.N. Security Council resolution endorsing the pact.

Read more

VW, Robert Bosch agree to pay $1.6 billion to settle U.S. diesel claims

WASHINGTON (Reuters) - Volkswagen AG has agreed to pay at least $1.26 billion to fix or buy back and compensate owners of about 80,000 polluting 3.0 liter diesel-engined vehicles -- and could be forced to pay more than $4 billion if regulators don't approve fixes for all vehicles, court documents filed late Tuesday showed.

Read more