WASHINGTON -- A spokesman for Barack Obama on Saturday rejected claims from U.S. President Donald Trump that the former president had wiretapped him in October during the late stages of the presidential election campaign. "Neither President Obama nor any White House official ever ordered surveillance on any U.S. citizen. Any suggestion otherwise is simply false," Obama spokesman Kevin Lewis said in a statement. Trump had suggested Obama had improperly tapped his phones, without citing evidence, in a series of tweets on Saturday morning.
Caterpillar Inc was sued on Friday for allegedly deceiving shareholders about its business, one day after federal law enforcers raided three of its buildings in connection with a probe into the heavy machinery manufacturer's offshore tax practices. In a complaint filed in Chicago federal court, Jacob Newman accused Caterpillar of defrauding him and other shareholders in regulatory filings by touting its commitment to good ethics, while concealing how it "unlawfully used foreign subsidiaries" to avoid paying billions of dollars of U.S. taxes.
The Keystone XL oil pipeline does not need to be made from U.S. steel, despite an executive order by President Donald Trump days after he took office requiring domestic steel in new pipelines, the White House said on Friday. "It's specific to new pipelines or those that are being repaired," White House spokeswoman Sarah Sanders told reporters on Air Force One, when asked about a report by Politico that Keystone would not need to use U.S. steel, despite Trump's order issued on Jan. 24.
WASHINGTON - Women and children crossing together illegally into the United States could be separated by U.S. authorities under a proposal being considered by the Department of Homeland Security, according to three government officials. Part of the reason for the proposal is to deter mothers from migrating to the United States with their children, said the officials, who have been briefed on the proposal.
CHICAGO - The Federal Reserve is set to raise interest rates this month and is on track to lift them further later this year, Fed Chair Janet Yellen signaled on Friday, evidence the fears that forced the Fed to keep borrowing costs near zero for so many years are firmly on the wane. "At our meeting later this month, the committee will evaluate whether employment and inflation are continuing to evolve in line with our expectations, in which case a further adjustment of the federal funds rate would likely be appropriate," Yellen said at a business luncheon in Chicago.
NEW YORK - A St. Louis man made at least eight bomb threats to Jewish organizations across the United States as part of a months-long effort to denigrate an ex-girlfriend who had broken up with him, U.S. prosecutors said on Friday. Juan Thompson, 31, was taken into custody on Friday morning in St. Louis, the first arrest to result from a federal investigation into a surge of threats against Jewish Community Centers (JCCs) and schools that has rattled American Jews.
CHICAGO - Federal law enforcement officials searched three facilities of heavy machinery manufacturer Caterpillar Inc on Thursday, a spokeswoman for the U.S. Attorney Office for the Central District of Illinois said, prompting a sharp selloff in the company's stock. The spokeswoman, Sharon Paul, confirmed that federal law enforcement activity was conducted at locations in Peoria, East Peoria and Morton. It was not immediately clear why federal agents raided the three locations.
WASHINGTON - U.S. Vice President Mike Pence used a private email account to conduct public business as governor of Indiana, his office said in a statement on Thursday. The private email account was first reported by the Indianapolis Star, which said Pence used it at times to discuss sensitive matters and homeland security issues. The account was hacked last summer, the newspaper added.
WASHINGTON - Ten state governors seeking to avoid millions of dollars in federal healthcare cuts under Republican plans to replace Obamacare pressed their case in a meeting with Vice President Mike Pence on Sunday, according to two people briefed on the talks. The governors are worried that repealing former President Barack Obama's 2010 healthcare law without a detailed replacement will take coverage away from millions of Americans and land the states with a large financial hit.
WASHINGTON - U.S. Attorney General Jeff Sessions said on Thursday he would recuse himself from any investigations into alleged Russian meddling in the 2016 U.S. presidential election because he was involved with President Donald Trump's campaign. But Sessions, who was a long-time U.S. senator before becoming the country's top law enforcement official, said he did nothing wrong when he did not disclose during Senate testimony that he had met last year with Russia's ambassador.