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China lodges protest after Trump call with Taiwan president

EghtesadOnline: China lodged a diplomatic protest on Saturday after U.S. President-elect Donald Trump spoke by phone with President Tsai Ing-wen of Taiwan, but blamed the self-ruled island Beijing claims as its own for the "petty" move.
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Publish Date: 03/December/2016 | 23:34

Vague Trump Vow to Exit Company Leaves Questions Unanswered

EghtesadOnline: Donald Trump’s announcement Wednesday that he will leave his global business empire to focus on the presidency arrived like many of his assertions -- as a series of self-promoting tweets with exclamation marks and no details. His promise to discuss the plan at a news conference with his children on Dec. 15 did little to tamp down concern that it may not be enough.
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Publish Date: 30/November/2016 | 21:46

Trump Control of D.C. Hotel Is Threatened by Fine Print in Lease

EghtesadOnline: The lease on the ornate hotel that Donald Trump recently completed near the White House appears to bar participation by any elected official, posing an acute conflict-of-interest challenge just seven weeks before Inauguration Day.
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Publish Date: 30/November/2016 | 21:44
Elaine Chao, a former U.S. Labor Secretary, has supported workplace practices in sharing economy

Uber and Lyft Hail Trump’s Transportation Pick

EghtesadOnline: Uber Technologies Inc. and Lyft Inc. reacted favorably to President-elect Donald Trump's decision to nominate Elaine Chao for U.S. Transportation Secretary, viewing her as an experienced regulator who has publicly supported their labor model.
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Publish Date: 30/November/2016 | 21:42

Wall Street Wins Again as Trump Chooses Bankers and Billionaires

EghtesadOnline: Hedge fund manager Whitney Tilson was feeling happy Wednesday morning. After Donald Trump ridiculed Wall Street on the campaign trail, the President-elect tapped former Goldman Sachs Group Inc. executive Steven Mnuchin to be his Treasury secretary and billionaire investor Wilbur Ross to lead the Commerce Department. Trump even met with Goldman Sachs President Gary Cohn inside Trump Tower.
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Publish Date: 30/November/2016 | 21:37

Trump considering Palin to lead Veterans Affairs: ABC

EghtesadOnline: President-elect Donald Trump is considering former Alaska Governor Sarah Palin for secretary of Veterans Affairs, ABC News reported on Wednesday, citing unidentified sources.
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Publish Date: 30/November/2016 | 20:35

Democrats urge hearings on Trump, conflict-of-interest rules

EghtesadOnline: Sixteen U.S. Democratic lawmakers on Wednesday urged hearings be held in Congress on federal conflict-of-interest rules and Republican President-elect Donald Trump's business empire, though Republicans were unlikely to agree to it.
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Publish Date: 30/November/2016 | 20:34

Trump to keep Manhattan federal prosecutor Bharara in post

EghtesadOnline: Preet Bharara, the top federal prosecutor in Manhattan known for pursuing a series of cases targeting public corruption and crime on Wall Street, said on Wednesday he agreed to remain in his post under U.S. President-elect Donald Trump.
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Publish Date: 30/November/2016 | 20:32

Goldman's Cohn eyed for top Trump budget post: transition official

EghtesadOnline: President-elect Donald Trump is considering Goldman Sachs President and Chief Operating Officer Gary Cohn to head the White House budget office or to fill other positions, a Trump transition official said on Wednesday.
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Publish Date: 30/November/2016 | 20:28

Fannie, Freddie need to get out of government ownership: Mnuchin

EghtesadOnline: U.S. mortgage finance companies Fannie Mae and Freddie Mac ought to be privatized as soon as possible but in a fashion that ensures they do not again threaten the financial system, President-elect Donald Trump's nominee to run the Treasury Department said on Wednesday.
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Publish Date: 30/November/2016 | 20:08

Republicans aim to coax Trump toward House trade tax plan

EghtesadOnline: Republicans in the U.S. Congress hope to convince President-elect Donald Trump to support an untested strategy of using the tax code to promote exports while slashing corporate taxes, framing it as a way to fulfill his campaign promises to restore blue-collar jobs.
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Publish Date: 30/November/2016 | 20:00

Plaza memories may unnerve Trump-fueled dollar bulls

EghtesadOnline: Parallels between Donald Trump's U.S. economic plan and early 1980s Reaganomics have supercharged the dollar, reminding some that its rampant gains 30 years ago eventually required intervention to reverse them.
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Publish Date: 30/November/2016 | 19:38

Romney, potential U.S. secretary of state, hails Trump after dinner

EghtesadOnline: Republican Mitt Romney made an impassioned statement in support of President-elect Donald Trump on Tuesday to try to erase doubts about him among Trump's supporters and remain in contention for U.S. secretary of state.
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Publish Date: 30/November/2016 | 19:31

Trump says he will get out of business to focus on presidency

EghtesadOnline: U.S. President-elect Donald Trump vowed on Wednesday to step back from running his global business empire to avoid conflicts of interest, as concern over his dual role mounts ahead of the Republican's inauguration on Jan. 20.
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Publish Date: 30/November/2016 | 19:29

FBI to gain expanded hacking powers as Senate effort to block fails

EghtesadOnline: A last-ditch effort in the Senate to block or delay rule changes that would expand the U.S. government's hacking powers failed Wednesday, despite concerns the changes would jeopardize the privacy rights of innocent Americans and risk possible abuse by the incoming administration of President-elect Donald Trump.
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Publish Date: 30/November/2016 | 19:28

Germany Sees Possible Trade Conflict With Trump

EghtesadOnline: US president-elect Donald Trump has long accused China of being a rogue state on the global economic stage. He has blasted the country for allegedly destroying huge numbers of American jobs with its exports and he says he is planning punitive tariffs in retaliation.
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Publish Date: 28/November/2016 | 19:43

Trump adviser warns him not to pick Romney for Secretary of State

EghtesadOnline: An internal dispute among Donald Trump's advisers broke out into the open on Sunday when his campaign manager warned that the president-elect could face an intense backlash from supporters if he chose Mitt Romney to be his secretary of state.
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Publish Date: 28/November/2016 | 09:30

Trump faces dilemma as U.S. oil reels from record biofuels targets

EghtesadOnline: The Obama administration signed its final plan for renewable fuel use in the United States last week, leaving an oil industry reeling from the most aggressive biofuel targets yet as President-elect Donald Trump takes over.
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Publish Date: 28/November/2016 | 08:41

Trump, without evidence, says illegal voting cost him U.S. popular vote

EghtesadOnline: U.S. President-elect Donald Trump said in a tweet on Sunday that he won the popular vote in the Nov. 8 election "if you deduct the millions of people who voted illegally", though he provided no evidence of widespread voter fraud.
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Publish Date: 28/November/2016 | 08:19