The Envoy

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  • Who Thinks President Obama Will Be Impeached? The White House
    Who Thinks President Obama Will Be Impeached? The White House

    Senior White House Adviser Dan Pfeiffer Says Not to Write Off the Possibility

  • Grieving Dutch minister made Europe re-think Russia sanctions

    By Justyna Pawlak BRUSSELS (Reuters) - When Dutch Foreign Minister Frans Timmermans spoke to his European Union peers of his grief and anger over the downing of a Malaysia Airlines airliner over eastern Ukraine, it was a turning point in Europe's approach to Russia. Several ministers had tears in their eyes when Timmermans said he had known personally some of the 194 Dutch passengers among the 298 people who died on the plane, which Washington believes pro-Russian separatists shot down in error. "To my dying day I will not understand that it took so much time for the rescue workers to be allowed to do their difficult job, and that human remains should be used in a political game," Timmermans told the U.N. Security Council hours earlier, before flying overnight to Brussels for the crucial EU session. Until that meeting on Tuesday, Europe had trailed the United States in imposing economic sanctions to pressure Moscow into working to defuse the eight-month crisis in Ukraine in which hundreds of people have been killed.

  • What to watch: Fed, jobs report and the buffalo wing indicator?
    What to watch: Fed, jobs report and the buffalo wing indicator?

    Next week will be huge for the big-macro picture. Tuesday and Wednesday mark the FOMC meeting and statement, real GDP for the second quarter is released at 8:30am on Wednesday and July employment numbers come out at 8:30am ET on Friday. Yahoo Finance’s boldest and brightest joined Lauren Lyster to discuss and preview some of the biggest events of the last week in July.

  • Divorce sheds light on Michael Moore's wealth
    Divorce sheds light on Michael Moore's wealth

    Oscar-winning director Michael Moore, famous for documentaries challenging capitalism, has divorced his wife of 22 years following a civil court proceeding in Michigan that drew attention to his wealth. "'Kathleen and Michael have mutually and amicably reached a divorce settlement'," read a posting this week on Moore's Facebook page, confirming his split from Kathleen Glynn, 56. Moore -- whose films include "Fahrenheit 9/11," "Bowling for Columbine" and "Capitalism: A Love Story" and whose net worth has been estimated at $50 million -- filed for divorce a year ago. He is currently busy finalizing the 10th edition of his Traverse City film festival in Michigan, opening Tuesday.

  • 'Avengers: Age of Ultron': New Images Debut!
    'Avengers: Age of Ultron': New Images Debut!

    Your Daily Roundup of Hollywood Happenings & Nerdy Comic-Con Shenanigans!

  • Obama tells Central American leaders most children will go home
    Obama tells Central American leaders most children will go home

    By Steve Holland and Jeff Mason WASHINGTON (Reuters) - President Barack Obama urged the leaders of three Central American countries on Friday to work with him to stem the flow of child migrants who have surged across the U.S. border and warned that most of them would not be allowed to stay. In a White House meeting with the leaders of Guatemala, Honduras and El Salvador, Obama had a tough-love message: his administration had compassion for the children, but not many would qualify for humanitarian relief or refugee status. The meeting came as Obama struggles to contain a border crisis triggered by the tens of thousands of children who have crossed the Texas border with Mexico in recent months.

  • Wall St. closes lower on Amazon, Visa; S&P's weekly gain erased

    By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks closed lower on Friday in a broad consumer discretionary-led selloff after Visa and Amazon, a pair of closely watched bellwether names, reported disappointing results. While the S&P 500 found support at its 14-day moving average, suggesting a recent positive trend in equities remains intact, the day's decline was enough to erase the benchmark index's gain for the week. Amazon.com Inc tumbled 9.6 percent to $324.01 as the biggest drag on the S&P 500 after reporting an unexpectedly big second-quarter loss due to greater expenses on investments. Visa Inc was the Dow's largest decliner, down 3.6 percent to $214.77 after the world's largest credit and debit card company cut its revenue forecast for the year.

  • The Drought Apocalypse Approaches as the Colorado River Basin Dries Up

    Scientists on Thursday released the results of a first-of-its-kind study that finds the seven states of the drought-stricken Colorado River Basin are depleting groundwater reserves at a rapid rate. Researchers at the University of California, Irvine, and NASA analyzed data from a satellite that measures underground water reserves to calculate that the Colorado River Basin has lost 65 cubic kilometers—that’s 17.3 trillion gallons—of water between December 2004 and November 2013. “We don’t know exactly how much groundwater we have left, so we don’t know when we’re going to run out,” Stephanie Castle, the report’s lead author and a water resources specialist at UC Irvine, said in a statement. Groundwater reserves have accumulated over thousands of years and recharge at an exceedingly slow rate as rainwater and snowmelt seep into the ground.

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