EghtesadOnline: U.S. President-elect Donald Trump said on Wednesday he would maintain ownership of his global business empire but hand off control to his two oldest sons while president, an arrangement that watchdogs said would not prevent conflicts of interest in the White House.

EghtesadOnline: President-elect Donald Trump gave his first clues as to how he’ll step away from his businesses, saying he would put his two sons Don and Eric in charge by Inauguration Day Jan. 20 but offering no information about his own role.

EghtesadOnline: Donald Trump’s announcement Wednesday that he will leave his global business empire to focus on the presidency arrived like many of his assertions -- as a series of self-promoting tweets with exclamation marks and no details. His promise to discuss the plan at a news conference with his children on Dec. 15 did little to tamp down concern that it may not be enough.

EghtesadOnline: U.S. President-elect Donald Trump vowed on Wednesday to step back from running his global business empire to avoid conflicts of interest, as concern over his dual role mounts ahead of the Republican's inauguration on Jan. 20.

EghtesadOnline: Any moves by Donald Trump to ban Muslims from entering the United States or bring back waterboarding to interrogate suspects could have repercussions for some of his sprawling foreign business interests -- from his golf course in Scotland to luxury resorts in Indonesia.