Bharara, appointed to become U.S. Attorney of the Southern District of New York by former President Barack Obama in 2009, on Saturday said on Twitter he has been fired from his post. On Friday, the Trump administration asked remaining U.S. attorneys appointed by Obama to resign, which Bharara refused, resulting in his forced ouster.
Category: Merrill Lynch and Co
U.S. Airlines Tumble Amid Fear Trump Travel Ban Will Spread
U.S. airlines tumbled the most in three months as concerns mounted that President Donald Trump’s ban on travel from seven predominantly Muslim nations will lead to more restrictions on flights. Investors are fearful that the U.S. curbs will expand or be answered with retaliation by other nations, said Joe DeNardi, an analyst at Stifel Financial Corp. Trump already has signed an order to pull the U.S. out of the Trans-Pacific Partnership trade accord and said he wants to restructure a 23-year-old pact between the U.S., Mexico and Canada.