Economy

Economy

Panama’s president defends his country’s financial institutions

Panamanian President Juan Carlos Varela defended his country’s financial reputation and reiterated Panama’s commitment to greater transparency Tuesday in the wake of the leak of millions of documents that show ties between world leaders and a Panamanian law firm that specializes in setting up shell corporations.

Congress

McCain, Roberts lock horns on Senate floor over Obama’s Army nominee

Arizona Sen. John McCain pleaded with a fellow Republican, Kansas Sen. Pat Roberts, on the Senate floor Thursday to withdraw his objection and allow a vote on Eric Fanning to be Secretary of the Army. But Roberts wouldn’t budge, again citing his opposition to President Barack Obama’s proposal to close the Guantanamo Bay prison and transfer its detainees to U.S. sites, including, potentially, Fort Leavenworth in Kansas.

Economy

Airbnb’s rapid growth in Cuba comes with a few problems

Cuba is reportedly Airbnb’s fastest-growing market. Since embarking on cozier relations with Cuba leader Raúl Castro 15 months ago, the Obama administration has been eliminating stiff regulations on travel and commerce, which has expanded opportunities for Americans to visit the island.

National

Analysts see business benefit in Apple’s battle with FBI

Apple’s decision to refuse the FBI’s demand to unlock the iPhone of San Bernadino shooter Syed Farook, which Apple CEO Tim Cook has portrayed as a principled stand to protect the data of all iPhone users, is also likely to be good for business, analysts of the hotly competitive cell phone market said Thursday.

Videos

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Democrats yell "shame" on the floor of the House of Representatives 02:00

Democrats yell "shame" on the floor of the House of Representatives

Obama lays a wreath at Hiroshima Peace Memorial Park 02:18

Obama lays a wreath at Hiroshima Peace Memorial Park

President Obama thanks military members in Hiroshima, Japan 07:43

President Obama thanks military members in Hiroshima, Japan

Americans agree, it's time for Obama to visit Hiroshima 02:27

Americans agree, it's time for Obama to visit Hiroshima

A look back at Obama’s visit to Vietnam 01:58

A look back at Obama’s visit to Vietnam

Trump to Christie: 'You're not eating Oreos anymore' 00:19

Trump to Christie: 'You're not eating Oreos anymore'

'The dance Force' is strong with the Obamas 00:23

'The dance Force' is strong with the Obamas

Defense bill approved by House is "strong," says Speaker Ryan 01:43

Defense bill approved by House is "strong," says Speaker Ryan

Obama's advice for Rutgers graduates: 'Have faith in democracy' 01:20

Obama's advice for Rutgers graduates: 'Have faith in democracy'

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"We are not bound to repeat the mistakes of the past," says Obama in Hiroshima

Nearly 71 years after the United States dropped an atomic bomb there, President Obama laid a wreath at the Hiroshima Peace Memorial Park. "We’re not bound by genetic code to repeat the mistakes of the past. We can learn. We can choose," Obama said in a statement after the wreath-laying.
Credit: The White House
"We are not bound to repeat the mistakes of the past," says Obama in Hiroshima 17:13

"We are not bound to repeat the mistakes of the past," says Obama in Hiroshima

Obama lays a wreath at Hiroshima Peace Memorial Park 02:18

Obama lays a wreath at Hiroshima Peace Memorial Park

President Obama thanks military members in Hiroshima, Japan 07:43

President Obama thanks military members in Hiroshima, Japan

Donald Trump faces tough terrain in Washington state 00:46

Donald Trump faces tough terrain in Washington state