Please ensure Javascript is enabled for purposes of website accessibility

Trump Blocks Defense Company Payouts Until Arms Production Speeds Up

President Donald Trump vowed to block defense contractors from paying dividends or buying back shares until they speed up weapons production, a rare presidential strike at Wall Street norms that sent defense stocks tumbling and signaled sweeping changes for America’s military-industrial complex. Trump and the Pentagon have criticized the defense...

US to Control Venezuela Oil Sales ‘Indefinitely,’ Energy Secretary Says

Energy Secretary Chris Wright said Wednesday that the United States intended to maintain significant control over Venezuela’s oil industry, including by overseeing the sale of the country’s production “indefinitely.” “Going forward we will sell the production that comes out of Venezuela into the marketplace,” Wright said at a Goldman Sachs...

Search

Keep the news you rely on coming. Support our work today.