PayPal abandons Facebook-backed Libra cryptocurrency group

Pioneering digital payments firm PayPal on Friday said it is abandoning an alliance intended to oversee the Facebook-backed Libra cryptocurrency, which has come under attack by regulators. “PayPal has made the decision to forgo further participation in the Libra Association at this time,” the California-based company told AFP. “We remain […]

Donald Trump threats complicate negotiations for whistleblower to testify to Congress

U.S. President Donald Trump’s public attacks on the unidentified whistleblower at the center of a Democratic-led impeachment inquiry are complicating negotiations for the person to testify to Congress, according to three people familiar with the matter. Trump has suggested the whistleblower committed treason, prompting concerns among Democrats on the U.S. […]

UK Brexit plan gets cool reception in Brussels

Britain’s new Brexit plan got a cool reception Wednesday in Brussels, where European officials highlighted problems and their chief negotiator warned it left “a lot of work” to be done. European Commission chief Jean-Claude Juncker used a call with Prime Minister Boris Johnson to share concerns about “problematic points” in […]

US judge rejects claim Harvard discriminates against Asian-American applicants

Harvard University’s undergraduate admissions program does not discriminate against Asian-American applicants, a federal judge ruled on Tuesday, rejecting a lawsuit brought by opponents of affirmative action and backed by the Trump administration. The lawsuit was brought by a group hoping to eventually overturn US Supreme Court precedents that allow colleges […]

Donald Trump denounces impeachment inquiry as a ‘coup’

Donald Trump on Tuesday denounced the impeachment inquiry threatening his presidency as a “coup,” as his administration pushed back hard against the investigation. Trump’s comments came after Secretary of State Mike Pompeo pressed to prevent or delay five former or current State Department staffers from testifying in the investigation probing […]