SEOUL, South Korea - Samsung Group chief Jay Y. Lee was arrested on Friday over his alleged role in a corruption scandal rocking the highest levels of power in South Korea, dealing a fresh blow to the technology giant and standard-bearer for Asia's fourth-largest economy. The special prosecutor's office accuses Lee of bribing a close friend of President Park Geun-hye to gain government favors related to leadership succession at the conglomerate. It said on Friday it will indict him on charges including bribery, embezzlement, hiding assets overseas and perjury.
Big-hitting Dustin Johnson made a strong start in his bid to claim the world number one ranking this week by firing a five-under 66 that left him two shots off the early first-round lead at the Genesis Open at Riviera. The reigning U.S. Open champion, who can claim the top ranking with a victory should incumbent Jason Day tie for third or worse here, made six birdies and one bogey to stand two shots behind Sam Saunders on the classic Los Angeles layout.
WASHINGTON—President Donald Trump choice for national security adviser, retired Vice Admiral Robert Harward, has turned down the offer, the Financial Times reported on Thursday, Feb. 16, citing two people familiar with the situation. Harward was offered the job after Michael Flynn resigned on Monday for misleading Vice President Mike Pence over his conversations with Russia's ambassador to the United States.
Highlights of the day for U.S. President Donald Trump's administration on Thursday:
The Dow Jones Industrial Average scored its sixth straight record high on Thursday, Feb. 16, but just barely, while the S&P 500 edged lower due to declining energy stocks. It was a mixed day on wall Street as investors digested recent gains and sold banks that have been big winners in the "Trump rally" that has seen the S&P 500 rise about 5 percent so far in 2017, with the Dow Jones Industrial Average up 4 percent.
NEW YORK -- AT&T Inc. said on Thursday, Feb. 16, it would make its unlimited data plan available to all wireless customers who pay a monthly bill, days after rival Verizon Communications Inc announced an unlimited option. Previously, AT&T's plan, which includes unlimited data, talk and text for $100 a month for a single line, only applied to its DirecTV and U-Verse subscribers. Starting on Friday, it will be expanded to other customers.
WASHINGTON -- President Donald Trump on Thursday, Feb. 16, nominated former National Labor Relations Board member R. Alexander Acosta to serve as U.S. secretary of labor, one day after Trump's original choice withdrew. Acosta is dean of the Florida International University College of Law in Miami and is Trump's first Hispanic nominee.
CAPE CANAVERAL, Fla. - A NASA spacecraft has detected carbon-based materials, similar to what may have been the building blocks for life on Earth, on the Texas-sized dwarf planet Ceres that orbits between Mars and Jupiter in the main asteroid belt, scientists said on Thursday, Feb. 16.
TransCanada Corp, Canada's No. 2 pipeline operator, filed an application with Nebraska authorities to route its Keystone XL pipeline through the state, after U.S. President Donald Trump cleared the way for the project last month. In November 2015, the pipeline company withdrew the route application it had made to the Nebraska Public Service Commission, after then President Barack Obama denied a permit for the controversial project over environmental concerns.
WASHINGTON—The U.S. Senate on Thursday, Feb. 16, narrowly confirmed South Carolina congressman Mick Mulvaney to serve as White House budget director in a 51-49 vote that largely followed party lines. Underscoring the rocky reception that President Donald Trump's Cabinet nominees have had on Capitol Hill, the vote came as Republican Sen. John McCain opposed Mulvaney along with 46 Democrats and two independents. McCain, chairman of the Senate Armed Services Committee, said on Wednesday he was concerned about Mulvaney's opposition to defense spending.