Bloomberg Politics: news on page 58

If PG&E Wants Newsom's Fire Aid, Here's What It Has to Do

If PG&E Wants Newsom's Fire Aid, Here's What It Has to Do

It’s no secret that California Governor Gavin Newsom wants to create a fund that the state’s electric utilities can tap to cover the costs of catastrophic wildfires.
Former Defense Sec. Ash Carter Concerned About 'Unintentional' Conflict With Iran

Former Defense Sec. Ash Carter Concerned About 'Unintentional' Conflict With Iran

Former U.S. Defense Secretary Ash Carter, author of "Inside the Five-Sided Box," comments on President Donald Trump calling off military strikes against Iran. He speaks with Bloomberg's David Westin
Billionaire Steyer Says Trump Has Met the Criteria for Impeachment

Billionaire Steyer Says Trump Has Met the Criteria for Impeachment

Billionaire Tom Steyer, founder of NextGen America, explains why he thinks President Donald Trump needs to be impeached. He speaks with Bloomberg's David Westin on "Balance of Power." (Source:
Pence to Delay China Human-Rights Speech Ahead of Trump-Xi Talks

Pence to Delay China Human-Rights Speech Ahead of Trump-Xi Talks

Vice President Mike Pence has postponed a speech planned for Monday criticizing China’s human rights record as a result of progress in conversations over trade between President Donald Trump and
UN’s Bachelet Tells Venezuela to Free Political Prisoners

UN’s Bachelet Tells Venezuela to Free Political Prisoners

United Nations High Commissioner for Human Rights Michelle Bachelet called on the Venezuelan government to release political prisoners.
Comey Says Threat From Huawei Is Something He and Trump Agree On

Comey Says Threat From Huawei Is Something He and Trump Agree On

Former FBI Director James Comey said the Trump’s administration’s actions against Huawei Technologies Co. stem from “a fact-based intelligence concern,” and aren’t just part of a trade war with China.
Iran Anti Money-Laundering Effort Gets New Scrutiny, Group Says

Iran Anti Money-Laundering Effort Gets New Scrutiny, Group Says

A multi-government group plans to boost oversight of Iran’s efforts to prevent money laundering as the U.S. said the Islamic Republic has shown a “willful failure” to stop illicit money flows and
Italy’s Salvini Vows to Widen Flat Tax Plan for Small Companies

Italy’s Salvini Vows to Widen Flat Tax Plan for Small Companies

Italy’s Deputy Premier Matteo Salvini, who’s vowed to bring “Trump-like” tax cuts to jump start the economy, committed to expand the beneficiaries of a lower rate in a step to fulfill a key electoral
Supreme Court Overturns Precedent, Backs Property-Rights Suits

Supreme Court Overturns Precedent, Backs Property-Rights Suits

A divided U.S. Supreme Court made it easier for landowners to sue for compensation when a government regulation reduces the value of their property, overturning a decades-old precedent that had
Elizabeth Warren’s Pledge to End Private Prisons Sends Shares Reeling

Elizabeth Warren’s Pledge to End Private Prisons Sends Shares Reeling

Shares of private prisons GEO Group Inc. and CoreCivic Inc. took a hit Friday morning after presidential candidate Senator Elizabeth Warren tweeted about about her plan to terminate them.
Trump Blacklists More China Tech Companies Days Before Xi Summit

Trump Blacklists More China Tech Companies Days Before Xi Summit

The U.S. put five more Chinese tech entities on a trade blacklist just days ahead of a high-stakes summit between President Donald Trump and Chinese leader Xi Jinping even as it offered a quiet olive
DNC's Deficit Spending Continues as Trump Outraises the Party

DNC's Deficit Spending Continues as Trump Outraises the Party

The Democratic National Committee continued its deficit spending trend in May as the party works on building its infrastructure ahead of the general election against President Donald Trump.
N.J. Betting Big on Orsted as Offshore Wind Poised to Boom

N.J. Betting Big on Orsted as Offshore Wind Poised to Boom

New Jersey awarded a contract to Denmark-based Orsted A/S to provide power from a wind farm it’s planning in the Atlantic Ocean as Northeast states push to jump-start an industry that’s languished in
Comey Says Voters Judging Trump Is Better Than Impeaching Him

Comey Says Voters Judging Trump Is Better Than Impeaching Him

Former FBI Director James Comey said he hopes President Donald Trump isn’t impeached because “that would let the American people off the hook.”
N.Y., N.J. Edge Closer to Path for Financing Hudson River Tunnel

N.Y., N.J. Edge Closer to Path for Financing Hudson River Tunnel

The legislatures of New York and New Jersey have approved the formation of a bi-state commission to handle the finances for a new commuter-rail tunnel under the Hudson River, taking another step to
Supreme Court Throws Out Curtis Flowers Death Sentence, Citing Jury Selection Bias

Supreme Court Throws Out Curtis Flowers Death Sentence, Citing Jury Selection Bias

The U.S. Supreme Court threw out the death sentence of a Mississippi man convicted at his sixth trial for the same murders after the prosecutor repeatedly excluded black people from the jury.
EU Credibility at Stake as Leaders’ Fight Over Top Jobs Drags On

EU Credibility at Stake as Leaders’ Fight Over Top Jobs Drags On

The European Union’s failure to agree on who to appoint to its most senior positions triggered weeks of more political wrangling, casting a shadow over the bloc’s international reputation.
New York Lawmakers Pass Bill to Decriminalize Small Amounts of Marijuana

New York Lawmakers Pass Bill to Decriminalize Small Amounts of Marijuana

New York lawmakers decriminalized small amounts of marijuana after failing to agree on a comprehensive package that would have fully legalized the drug and provided revenue for social programs.
Mahathir Calls Goldman's Offer to Settle 1MDB `Little' Compared to the `Killing' It Made

Mahathir Calls Goldman's Offer to Settle 1MDB `Little' Compared to the `Killing' It Made

Goldman Sachs Group Inc. offered Malaysia 1 billion ringgit ($241 million) as compensation for the role it played in raising funds for 1MDB that were later allegedly misappropriated, Prime Minister
How Will Iran React to Trump's U-Turn on Military Strike?

How Will Iran React to Trump's U-Turn on Military Strike?

The U.S. called off military strikes against Iran on Thursday night that were approved by President Donald Trump, according to an administration official, abandoning a move that would have