President Barack Obama and Turkish Prime Minister Tayyip Erdogan presented a joint front against Syrian dictator Bashar al-Assad even as Obama shies away from deeper U.S. involvement in the conflict, such as sending weapons to the rebels.
Turkey’s bonds rallied, sending yields to all-time lows, after Moody’s Investors Service raised the country to investment grade for the first time in two decades, fueling expectation of capital inflows. The lira weakened on speculation the central bank will cut rates.
The investigation of a fire and explosion at a Texas fertilizer plant that killed 14 people hasn’t pinpointed the cause, which may include a faulty golf cart, the facility’s electrical system or an intentional act.
Tom Wheeler, President Barack Obama’s nominee to head the FCC, agreed to sell holdings of $500,001 to $1 million in both AT&T Inc. and Verizon Communications Inc. to resolve possible conflicts of interest before taking office.
A bipartisan group of U.S. House members has reached a tentative agreement on a comprehensive revision of the U.S. immigration system, according to three lawmakers, as a Senate committee proceeds with its own plan.
Findings from a Pentagon survey on sexual assault in the military, which triggered outrage about what the chairman of the Joint Chiefs of Staff calls a “crisis,” may be based on scanty response rates, questionable data and broad definitions of what constitutes abuse.