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Wall Street's major averages dropped on Tuesday, following a slew of disappointing earnings reports.

WASHINGTON - US President-elect Joe Biden is expected to nominate Pete Buttigieg, the former mayor of South Bend, Indiana and 2020 Democratic presidential candidate, to serve as his transportation secretary, US media reported on Tuesday, citing sources familiar with the matter.

Wang Jianlin, the project's major initiator and head of the Chinese conglomerate Dalian Wanda Group Co Ltd, said that it aims to build the movie metropolis into a "new global hub for films".

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WUHAN - Seven people were sentenced to prison terms ranging from 18 months to two years, over a fatal colliery accident more than one year ago, a court in central China's Hubei Province said Friday.

WASHINGTON -- US Vice-President Mike Pence and his wife have both tested negative for the coronavirus, his spokesperson said on Saturday.

WASHINGTON — US President Trump says he agrees 'wholeheartedly' with vice president pence's condemnation of acts targeting Obama, the Clintons and CNN.

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Wang Deqing (in black) and his students display their skills at the United Nations office in Vienna. Provided to China Daily

WASHINGTON -- US businesses are not leaving the Chinese market despite "an unprecedented downturn" in US-China relations during the COVID-19 pandemic, according to an annual member survey released Tuesday by the US-China Business Council (USCBC).

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WASHINGTON — Sen. Elizabeth Warren on Monday took the first major step toward launching a widely anticipated campaign for the presidency, hoping her reputation as a populist fighter can help her navigate a Democratic field that could include nearly two dozen candidates.

Wan Xiaofang, president of Minsheng Financial Leasing, said: "Green environmental projects need huge upfront investment. It often takes long to realize their return on investment, and their profit margin is low. This has put a high requirement on the comprehensive service capability a financial institution can provide.