May 12 Watch 5:08 Qatar gifting Trump $400M luxury jet raises ethical and legal concerns By Geoff Bennett, Ian Couzens President Trump says the U.S. government is poised to accept an airplane from Qatar valued at nearly $400 million. He claims the 747 aircraft will replace the 40-year-old Air Force One. But the announcement has raised ethical and national security… Continue watching
May 12 Watch 6:33 What to expect after Trump signs order demanding lower prices from drug companies By Stephanie Sy, Jackson Hudgins In the U.S., pharmaceutical companies set the prices of drugs with few restraints. In many cases, Americans pay a lot more compared to Canadians or Europeans. President Trump signed an executive order directing that Americans will pay the lowest price… Continue watching
May 12 Dow leaps 1,100 points following a 90-day truce in the U.S.-China trade war By Stan Choe, Associated Press U.S. stocks rallied after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 3.3% Monday. The Dow Jones Industrial Average rose more than 1,100 points, and the Nasdaq composite rallied 4.3%. Continue reading
May 12 WATCH: White Afrikaners from South Africa arrive at Dulles airport to seek U.S. resettlement By Gerald Imray, Associated Press Many in South Africa are puzzled by claims that Afrikaners are persecuted and meet the requirements to be relocated as refugees. Continue reading
May 12 WATCH: Trump claims white farmers are target of genocide in South Africa By Associated Press The administration has sought to halt refugee admissions from many other countries undergoing political upheaval. Continue reading
May 12 WATCH: Asked about Qatar's gift of luxury 747, Trump says 'We give free things out, we'll take one, too' By Associated Press President Donald Trump on Monday defended Qatar’s gift of a plane as a “gesture of good faith.”… Continue reading
May 12 Trump will visit Gulf Arab states this week as pressing crises flare in Gaza and Iran By Jon Gambrell, Tia Goldenberg, Associated Press President Donald Trump will focus his attention on three energy-rich nations home to existing or planned Trump-branded real estate projects — places where he aims to leverage American economic interests to do what he personally revels in: making business deals. Continue reading
May 12 U.S. and China reach temporary deal to reduce sky-high tariffs for 90 days, plan more talks By Jamey Keaten, David McHugh, Elaine Kurtenbach, Ken Moritsugu, Associated Press Stock markets rose sharply as the globe's two major economic powers took a step back from a clash that has unsettled the global economy. Continue reading
May 12 Hamas says it has released American-Israeli hostage Edan Alexander By Wafaa Shurafa, Samy Magdy, Tia Goldenberg, Associated Press Israel says 59 hostages including Alexander remain in captivity, with about 24 of them said to be alive. Continue reading
May 12 WATCH: Trump says he'll set 30-day deadline for drugmakers to lower prescription drug prices By Will Weissert, Amanda Seitz, Seung Min Kim, Associated Press If a deal is not reached, a new rule will kick in that will tie the price of what the U.S. pays for medications to lower prices paid by other countries. Continue reading