Government business and finance

FILE - In this Thursday, Sept. 11, 2014 file photo, an exterior view of a Royal Bank of Scotland (RBS) logo at their offices in London. The majority state-owned U.K. bank RBS announced a name change on Friday, Feb. 14, 2020 as it tries to leave behind its near-collapse during the 2008 financial crisis. The bank said it will now be known as NatWest Group PLC, shedding the 300-year-old Royal Bank of Scotland name. (AP Photo/Matt Dunham, file)
February 14, 2020 - 5:57 am
LONDON (AP) — The majority state-owned U.K. bank RBS announced a name change on Friday as it tries to leave behind its near-collapse during the 2008 financial crisis. The bank said it will now be known as NatWest Group Plc, shedding the 300-year-old Royal Bank of Scotland name. The Edinburgh-based...
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FILE - In this Wednesday, Oct. 9, 2019 file photo, a construction worker stands in front of a door with the EU stars at EU headquarters in Brussels. The Brexit process shook the EU foundations and laid bare the need for much-delayed renovations, but tthe question now is where to start the revamp and who is going to foot the bill. (AP Photo/Virginia Mayo, File)
February 14, 2020 - 2:27 am
BRUSSELS (AP) — The Brexit drama shook the foundations of the European Union for years and laid bare the need for much-delayed political renovations at the 27-nation bloc. But now that Britain has finally left, where does the EU revamp even start and who is going to foot the bill? Those questions...
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FILE - This April 6, 2018, file photo shows the leaves of a marijuana plant inside Ultra Health's cultivation greenhouse in Bernalillo, N.M. New Mexico would legalize recreational marijuana sales without exceptions for dissenting cities and counties under a rebooted proposal form legislators that emphasizes small business opportunities and ready access to pot for 80,000 current medical cannabis patients. Legalization for the first time enjoys the full throttled support of second-year Democratic Gov. Michelle Lujan Grisham, who set up a volunteer commission last year to vet health and public safety concerns about recreational cannabis and on Thursday, Jan. 16, 2020, pitched the benefits of the pot economy to a gathering business leaders. (AP Photo/Susan Montoya Bryan, File)
February 13, 2020 - 7:39 pm
SANTA FE, N.M. (AP) — New Mexico's bid to become the 12th U.S. state to legalize recreational use of marijuana abruptly fell flat after state senators in a Legislature dominated by Democrats rejected a bill that would have forced permission for sales in all of the state's cities and towns. In a...
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FILE - This March 27, 2008, aerial file photo, shows the Pentagon in Washington. A Federal court has ordered the Pentagon to temporarily halt work with Microsoft on its $10 billion military cloud contract, Thursday, Feb. 13, 2020, after Amazon sued alleging that President Donald Trump's bias against the company hurt its chances to win the project. Amazon requested the court issue the injunction last month. Both the documents requesting the block and the judge's decision to issue the temporary injunction are sealed by the court. (AP Photo/Charles Dharapak, File)
February 13, 2020 - 6:04 pm
NEW YORK (AP) — A federal judge on Thursday ordered a temporary halt of Microsoft's work on a $10 billion military cloud contract, a win for Amazon, which sued the U.S. government last year for awarding the contract to its rival. Amazon's lawsuit, filed in November, alleged that President Donald...
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FILE - This Feb. 5, 2018, file photo shows the seal of the Board of Governors of the United States Federal Reserve System at the Marriner S. Eccles Federal Reserve Board Building in Washington. Judy Shelton, President Donald Trump's nominee to the Federal Reserve touted her credentials in written testimony Thursday, Feb. 13, 2020, and said she would “work collegially” if approved. She will likely face tough questioning by the Senate Banking Committee Thursday, which is considering her nomination. (AP Photo/Andrew Harnik, File)
February 13, 2020 - 3:17 pm
WASHINGTON (AP) — One of President Donald Trump's nominees for the Federal Reserve came under sharp questioning Thursday from senators over her unorthodox economic views, including from two Republicans whose doubts about her nomination could imperil it. The nominee, Judy Shelton, sought to make her...
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FILE - In this Feb. 2, 2020 file photograph, the company logo sits on an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Shares of Tesla Inc. fell 4% in early trading Thursday, Feb. 13, after the electric vehicle and solar panel maker said it would sell more than $2 billion worth of additional shares. The move comes just two weeks after CEO Elon Musk said the company had enough cash to fund its capital programs and it didn't need to raise any more money. (AP Photo/David Zalubowski, File)
February 13, 2020 - 12:49 pm
DETROIT (AP) — Tesla said that is selling $2 billion worth of additional stock, that its U.S. revenue fell last year and that securities regulators are scrutinizing its finances. All of the developments Thursday were disclosed in filings with U.S. Securities and Exchange Commission, which in...
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British lawmaker Sajid Javid Chancellor of the Exchequer walks along Downing Street in London, Thursday, Feb. 13, 2020. British Prime Minister Boris Johnson shook up his government on Thursday, firing and appointing ministers to key Cabinet posts. Johnson was aiming to tighten his grip on government after winning a big parliamentary majority in December's election. That victory allowed Johnson to take Britain out of the European Union in January. (AP Photo/Matt Dunham)
February 13, 2020 - 9:54 am
LONDON (AP) — U.K. Treasury chief Sajid Javid unexpectedly resigned on Thursday after resisting a reduction in his power, as Prime Minister Boris Johnson sought to tighten his grip on the government with a Cabinet shake-up. Javid had been widely expected to keep his job — the second most powerful...
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European Commission President Ursula von der Leyen delivers her speech during a debate on a proposed mandate for negotiations for a new partnership with the United Kingdom of Great Britain and Northern Ireland, at the European Parliament in Strasbourg, eastern France, Tuesday, Feb.11, 2020. (AP Photo/Jean-Francois Badias)
February 13, 2020 - 2:51 am
BERLIN (AP) — European Commission President Ursula von der Leyen will testify Thursday before a German parliamentary committee investigating whether there was wrongdoing in the use of external experts during her time as defense minister. Von der Leyen was Germany's defense minister from late 2013...
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Senate Banking Committee Chairman Sen. Mike Crapo, R-Idaho, left, talks with ranking member Sen. Sherrod Brown, D-Ohio, right, during a hearing with Federal Reserve Chairman Jerome Powell on Capitol Hill in Washington, Wednesday, Feb. 12, 2020. (AP Photo/Susan Walsh)
February 13, 2020 - 12:01 am
WASHINGTON (AP) — One of President Donald Trump's nominees for the Federal Reserve will likely face skeptical questioning from a Senate committee Thursday over her unconventional economic views. Trump has nominated Judy Shelton for the Fed's Board of Governors, a position with significant influence...
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President Donald Trump and first lady Melania Trump welcome Ecuadorian President Lenin Moreno and his wife Rocio Gonzalez to the White House, Wednesday, Feb. 12, 2020, in Washington. (AP Photo/Evan Vucci)
February 12, 2020 - 4:37 pm
WASHINGTON (AP) — President Donald Trump said Wednesday that he's working on a trade deal with Ecuador's President Lenin Moreno, who became the first chief of state from the small South American nation in 17 years to meet with an American president in Washington. “They have incredible product,"...
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