PM Abadi says Iraq's oil is for Iraqis, in reaction to Trump
Iraq's oil is the property of Iraqis, Prime Minister Haider al-Abadi said on Tuesday, in reaction to U.S. President Donald Trump who argued that the United States should have taken possession of the nation's crude reserves. In a speech to CIA officials on Saturday, Trump suggested the United States should have taken Iraq's oil in reimbursement for the 2003 invasion that put an end to Saddam Hussein's rule. Trump also suggested that taking Iraq's oil would have prevented Islamic State from rising up, by removing a source of the group's funding, according to a Huffington Post report of the encounter.
Stocks recover, dollar steadies as investors eye earnings
Stocks crept higher worldwide on Tuesday as investors looked past U.S. President Donald Trump's protectionist rhetoric and focused on encouraging economic data and quarterly earnings reports. MSCI's world index, which tracks shares in 46 countries, was up 0.33 percent, helped by signs of a revival of economic activity around the world. With earnings gathering pace, investors are hoping that corporate performance can justify market valuations, given the recent rally that drove Wall Street to record highs.
Trump signs order to move Keystone, Dakota pipelines forward
By Steve Holland WASHINGTON (Reuters) - U.S. President Donald Trump signed two orders on Tuesday to move forward with construction of the Keystone XL and Dakota Access pipelines, rolling back key Obama administration environmental policies in favor of expanding energy infrastructure. Trump campaigned on promises to increase domestic energy industry production and before taking office indicated he supported completion of the Dakota pipeline and revival of the Keystone XL project. Protesters had rallied for months against plans to route the $3.8 billion pipeline beneath a lake near the Standing Rock Sioux reservation, saying it threatened water resources and sacred Native American sites.
BT shares plunge on cost of Italian accounting scandal
LONDON (AP) ? Shares in telecoms giant BT plunged by a fifth Tuesday after the London-based company warned of the cost of an accounting scandal at its Italian business and broad weakness in the global market.
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Polish town to offer Tom Hanks tiny carWARSAW, Poland (AP) ? A Tom Hanks fan in southern Poland says her town that once produced small Fiat cars is offering one to the actor.
Oscars go gaga for 'La La Land' with record-tying 14 nods
The candy-colored love letter to musicals "La La Land" landed a record-tying 14 Academy Award nominations on Tuesday, while a notably more diverse field of nominees brushed off two straight years of "OscarsSoWhite" backlash.
'La La Land' dances away with record 14 Oscar nods
Plan to run pipeline through Pinelands gets public hearing
PEMBERTON, N.J. (AP) ? As jobs-versus-environment clashes go, few issues have been as hard fought and generated as much passion in New Jersey as a proposal to run a natural gas pipeline through federally protected woods atop some of the nation's purest drinking water.
The Latest: Price says vaccines don't cause autism