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companyNews reuters.com

BRIEF-J Crew Group says ‍On Jan. 16, Board Appointed Seth Farbman To Board Of Co

* J CREW GROUP INC - ‍ON JAN, 16, , BOARD OF CO APPOINTED SETH FARBMAN TO BOARD OF COMPANY, WHICH INCREASED SIZE OF BOARD TO TEN MEMBERS - SEC FILING​ Source text for Eikon: Further company coverage:

companyNews reuters.com

MOVES-Stifel hires Greg Greenberg from Wells Fargo Advisors

Jan 19 (Reuters) - Stifel Financial Corp said Greg Greenberg has joined its broker-dealer unit, Stifel, Nicolaus & Co Inc's private client group in Overland Park, Kansas.

businessNews reuters.com

Lowe's nominates directors after 'constructive' talks with D.E. Shaw

(Reuters) - Home improvement chain Lowe's Cos Inc said it has nominated two independent board members and plans to add a third following "constructive" talks with hedge fund D.E. Shaw Group, which has taken an activist stake, sending shares up 3 percent on Friday.

companyNews reuters.com

UPDATE 3-Lowe's nominates directors after 'constructive' talks with D.E. Shaw

Jan 19 (Reuters) - Home improvement chain Lowe's Cos Inc said it has nominated two independent board members and plans to add a third following "constructive" talks with hedge fund D.E. Shaw Group, which has taken an activist stake, sending shares up 3 percent on Friday.

companyNews reuters.com

CANADA STOCKS-TSX rises, led by bank and railroad shares

TORONTO, Jan 19 (Reuters) - Canada's main stock index rose on Friday, led by gains for the heavyweight financials group and industrial shares, while energy stocks were weighed by lower oil prices.

companyNews reuters.com

BRIEF-Alibaba Pictures Group Says Shanghai TPP Enters Advertising Services Framework Agreements

* SHANGHAI TPP ENTERS ADVERTISING SERVICES FRAMEWORK AGREEMENTS WITH UNITS OF ALIBABA GROUP HOLDING LTD Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

companyNews reuters.com

CANADA STOCKS-TSX rises as broad-based gains offset losses for energy

TORONTO, Jan 19 (Reuters) - Canada's main stock index edged higher on Friday as broad-based gains offset losses for the energy group after oil prices fell.

companyNews reuters.com

UPDATE 1-Lincoln Financial to buy Liberty Life Assurance Co for $3.3 bln

Jan 19 (Reuters) - Lincoln Financial Group said on Friday it would buy fellow insurer Liberty Life Assurance Co of Boston for about $3.3 billion from Liberty Mutual to boost its presence in the group benefits market.

domesticNews reuters.com

Trump move on healthcare religious freedom prompts discrimination fears

(Reuters) - The Trump administration's move on Thursday to protect healthcare workers who refuse to perform abortions and other medical procedures on religious or moral grounds is raising fears among some civil rights and medical groups that it will provide legal cover for otherwise unlawful discrimination.

companyNews reuters.com

BRIEF-Citizens Financial Group Sees FY2018 Provision Expense $425 Mln - $475 Mln Vs. Underlying 2017‍​

* CITIZENS FINANCIAL GROUP SEES FY2018 PROVISION EXPENSE $425 MILLION - $475 MILLION VERSUS. UNDERLYING 2017‍​

companyNews reuters.com

BRIEF-Citizens Financial Group Q4 Earnings Per Share $1.35

* CITIZENS FINANCIAL GROUP, INC. REPORTS FOURTH QUARTER NET INCOME OF $666 MILLION AND DILUTED EPS OF $1.35

worldNews reuters.com

Somali authorities say troops rescue 32 children from 'terrorist school'

MOGADISHU (Reuters) - Somali authorities said troops stormed a school run by al Shabaab on Thursday night and rescued 32 children who had been taken as recruits by the Islamist militant group.

worldNews reuters.com

Russian student injures six in an ax attack at his school

MOSCOW (Reuters) - A Russian teenager attacked a group of younger students with an ax, injuring six people, before setting his school on fire, investigators said on Friday.

companyNews reuters.com

BRIEF-Golden Ocean: John Fredriksen's ‍Hemen Holding owns 34.2 pct after delivery of vessel

* GOLDEN OCEAN GROUP LTD: ‍HEMEN HOLDING LIMITED, WHICH IS INDIRECTLY CONTROLLED BY JOHN FREDRIKSEN FOR BENEFIT OF HIS IMMEDIATE FAMILY, HAS RECEIVED 2,000,000 COMMON SHARES IN COMPANY AS PART OF SETTLEMENT OF PURCHASE PRICE FOR VESSEL​

businessNews reuters.com

South Korean group files complaint against Apple CEO over iPhone slowdown

SEOUL (Reuters) - A South Korean consumer group has filed a criminal complaint against Apple Inc CEO Tim Cook over slower iPhone devices, after probes in Europe into allegations the firm had deliberately shortened the life of its handsets.

businessNews reuters.com

Exclusive: U.S. puts HNA deals on ice until it gets ownership info - source

NEW YORK (Reuters) - The U.S. government will not approve any investment by HNA Group until the Chinese conglomerate, which has been scrutinized around the world over its ownership structure, provides adequate information on who its shareholders are, a source familiar with the situation said.

companyNews reuters.com

S.Korean group files complaint against Apple CEO over iPhone slowdown

SEOUL, Jan 19 (Reuters) - A South Korean consumer group has filed a criminal complaint against Apple Inc CEO Tim Cook over slower iPhone devices, after probes in Europe into allegations the firm had deliberately shortened the life of its handsets.

Marcus, Kenneth L. nytimes.com

An Advocate for Israel Draws Fire as He Nears Confirmation to Civil Rights Post

Kenneth Marcus’s potential return to the Education Department has drawn criticism from civil rights groups that see his narrow focus on Israel as blinding him to other matters of bias.

businessNews reuters.com

SoftBank is now Uber's largest shareholder as deal closes

SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

companyNews reuters.com

UPDATE 2-SoftBank is now Uber's largest shareholder as deal closes

SAN FRANCISCO, Jan 18 (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

Attention Deficit Hyperactivity Disorder nytimes.com

Young Women Are Using A.D.H.D. Drugs in Greater Numbers, C.D.C. Reports

Since 2003, the percentage of women filling prescriptions for drugs like Ritalin has increased nearly fivefold in some age groups.

companyNews reuters.com

Thadaney to leave Toronto Stock Exchange owner TMX Group

Jan 18 (Reuters) - TMX Group's head of equity capital markets, Nicholas Thadaney, is leaving Canada's biggest stock exchange operator after a reorganization of the company, Chief Executive Officer Lou Eccleston said.

businessNews reuters.com

Uber-SoftBank deal has closed, making SoftBank largest shareholder

SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

worldNews reuters.com

France to launch international group targeting toxic gas attacks

UNITED NATIONS/PARIS (Reuters) - France has asked some 30 countries to work together to preserve evidence of chemical weapons attacks and impose sanctions on those responsible after Russia ended an international inquiry into who is to blame for using toxic gas in Syria.

companyNews reuters.com

MOVES-Bank of America names MacDonald new global TMT head; Zakkour departs

Jan 18 (Reuters) - Bank of America Corp has appointed Jack MacDonald to be head of global technology, media and telecom investment (TMT)banking, following the departure of Anwar Zakkour, the banker who formerly led the TMT group, according to a memo seen by Reuters.

companyNews reuters.com

BRIEF-ZK International Group Announces $1.2 Million Contract With The Xingrong Group

* ZK INTERNATIONAL GROUP CO., LTD. ANNOUNCES $1.2 MILLION CONTRACT WITH THE XINGRONG GROUP, ONE OF CHINA'S LARGEST WATER SUPPLY AND TREATMENT COMPANIES Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-WEC Energy Group Raises Quarterly Dividend

* QUARTERLY CASH DIVIDEND OF 55.25 CENTS PER SHARE, INCREASE OF 6.25 PERCENT OVER CURRENT QUARTERLY DIVIDEND OF 52 CENTS SHARE Source text for Eikon: Further company coverage:

Pregnancy and Childbirth nytimes.com

The U.S. Fertility Rate Is Down, Yet More Women Are Mothers

The biggest increases have come from some groups who in the past were far less likely to have babies: the highly educated, those over 40, and women who have never been married.

technologyNews reuters.com

Eni launches world's biggest industrial supercomputer

MILAN (Reuters) - Italian oil and gas group Eni said on Thursday it had installed new capacity at its supercomputing centre near Milan to create the world's most powerful industrial computer.

businessNews reuters.com

Exclusive: Blackstone's Hill hands hedge fund reins to McCormick

BOSTON (Reuters) - After nearly two decades of growing Blackstone Group into the world's biggest hedge fund investor with some $74 billion in assets, J. Tomilson Hill is passing the baton.

companyNews reuters.com

UPDATE 1-U.S. hospital systems team up to launch generic drugmaker

NEW YORK, Jan 18 (Reuters) - A group of four hospital systems plans to launch a not-for-profit generic drugmaker aimed at combating shortages and high costs of some generic drugs, which they blame on unscrupulous drug companies that hike prices.

technologyNews reuters.com

France, Germany to make joint bitcoin regulation proposal at G20 summit

PARIS (Reuters) - France and Germany will make joint proposals to regulate the bitcoin cryptocurrency at the next summit of the G20 group of major economies in Argentina in March, French Finance Minister Bruno Le Maire said on Thursday.

domesticNews reuters.com

California abuse case sparks calls for home-schooling oversight

(Reuters) - Lawmakers and advocacy groups are calling for more oversight of home-schooling after a California couple using this method of education was charged with torturing their 13 children.

companyNews reuters.com

BRIEF-Marathon Patent Group Acquires Blockchain And Cryptocurrency Transmission Patents

* MARATHON PATENT GROUP ACQUIRES BLOCKCHAIN AND CRYPTOCURRENCY TRANSMISSION PATENTS

technologyNews reuters.com

Swiss task force to look into blockchain oversight

ZURICH (Reuters) - Switzerland has set up a working group to look into oversight of blockchain technology and initial coin offerings (ICOs) and report back to the government by the end of this year.

cnn.com

World's biggest underwater cave found

A group of divers in Mexico have discovered what experts believe is the biggest flooded cave on the planet.

companyNews reuters.com

BRIEF-Capitala Group Participates In $29.0 Million Credit Facility

* CAPITALA GROUP PARTICIPATES IN $29.0 MILLION CREDIT FACILITY

technologyNews reuters.com

Goldman Sachs, Wells Fargo and others invest $38 million in research tech startup

NEW YORK (Reuters) - Goldman Sachs Group Inc has led a $38 million investment round by large banks in Visible Alpha, a young New York-based company that helps investment managers better value the equity research services they receive from brokers.

politicsNews reuters.com

U.S. tech trade groups urge Trump to let spouses of H1b holders to work

SAN FRANCISCO (Reuters) - U.S. technology trade groups on Thursday urged the Trump administration to retain an Obama-era rule that allows certain spouses of highly skilled guest workers to also work legally in the United States.

environmentNews reuters.com

Danone's Evian vows to use 100 percent recycled plastic in bottles by 2025

PARIS (Reuters) - Evian, Danone's popular mineral water brand, on Thursday became the latest consumer goods group to undertake pledges on recycling plastic, as companies around the world aim to bolster their credentials regarding helping the environment.

companyNews reuters.com

RPT-Dealmaking Ferrero tycoon breaks decades of family tradition

MILAN, Jan 17 (Reuters) - For almost 70 years, family-owned chocolate group Ferrero shunned acquisitions, relying completely on its ability to grow on its own and dream up new products. Those days are gone.

Drugs (Pharmaceuticals) nytimes.com

Fed Up With Drug Companies, Hospitals Decide to Start Their Own

A group of large hospital systems plans to create a nonprofit generic drug company to battle shortages and high prices.

companyNews reuters.com

UPDATE 1-Toshiba reaches deal to help resolve Westinghouse bankruptcy, rebuild finances

* Toshiba to sell claims in Westinghouse to group led by Baupost

companyNews reuters.com

BRIEF-Trican Well Service prices upsized underwritten secondary offering at $18.25 per share​

* TRICAN WELL SERVICE-PRICING OF UPSIZED UNDERWRITTEN SECONDARY OFFERING WHICH INCLUDES TRICAN OF 13.3 MILLION SHARES OF KEANE GROUP'S STOCK AT $18.25 PER SHARE​ Source text for Eikon: Further company coverage:

cnn.com

White supremacists responsible for most extremist killings in 2017, ADL says

White supremacists were responsible for the majority of extremist killings in 2017 compared to other groups, according to a newly released report by the Anti-Defamation League.

companyNews reuters.com

CORRECTED-Toshiba sees $3.7 bln balance sheet improvement from Westinghouse deal

TOKYO, Jan 18 (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.

worldNews reuters.com

Colombia's FARC says two ex-fighters killed after campaigning

BOGOTA (Reuters) - Two former fighters from Colombia's FARC rebels were killed in Antioquia province after campaigning for a political candidate for the now-demobilized guerrilla group, the FARC said in a statement on Wednesday.

businessNews reuters.com

Peugeot CEO: All PSA vehicles will electrified by 2025

DETROIT (Reuters) - Peugeot SA Chief Executive Carlos Tavares said on Wednesday that by 2025 "the PSA Group will be 100 percent electrified," and will offer "no less than 40 electrified vehicles."

technologyNews reuters.com

Toshiba sees $3.7 billion balance sheet improvement from Westinghouse deal

TOKYO (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.

companyNews reuters.com

Toshiba sees $3.7 bln balance sheet improvement from Westinghouse deal

TOKYO, Jan 18 (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.

sportsNews reuters.com

Russia's World Cup likely target for Islamic State: U.S. analysis firm

BAGHDAD (Reuters) - The World Cup soccer tournament to be held in Russia in June and July will be an "attractive target" for Islamic State given Russia's role in the territorial defeat of the militant group, the U.K.-based analysis firm, IHS, said on Thursday.

companyNews reuters.com

UPDATE 1-Home Capital faces C$4 million lawsuit from short seller Cohodes

TORONTO, Jan 17 (Reuters) - Home Capital Group Inc, Canada's biggest alternative lender, said on Wednesday it had received a statement of claim from short seller Marc Cohodes, who is seeking C$4 million ($3.2 million) in damages.

companyNews reuters.com

MOVES-Stifel hires two financial advisers from Ameriprise Financial

Jan 17 (Reuters) - Stifel Financial Corp said on Wednesday financial advisers Tom Hankins and Jay Lauzon have joined its broker-dealer unit, Stifel, Nicolaus & Co Inc's private client group in Flint, Michigan.

environmentNews reuters.com

Germany faces huge bill to meet EU climate goals: BDI study

BERLIN (Reuters) - Germany will have to spend more than 1 trillion euros ($1.2 trillion) to meet even the lower end of the European Union's 2050 target to reduce carbon dioxide emissions, according to a draft of a study commissioned by the BDI German industry group.

businessNews reuters.com

Dealmaking Ferrero tycoon breaks decades of family tradition

MILAN (Reuters) - For almost 70 years, family-owned chocolate group Ferrero shunned acquisitions, relying completely on its ability to grow on its own and dream up new products. Those days are gone.

companyNews reuters.com

REFILE-Dealmaking Ferrero tycoon breaks decades of family tradition

MILAN, Jan 17 (Reuters) - For almost 70 years, family-owned chocolate group Ferrero shunned acquisitions, relying completely on its ability to grow on its own and dream up new products. Those days are gone.

companyNews reuters.com

MOVES-Union Bank adds executives in San Francisco office

Jan 17 (Reuters) - MUFG Union Bank N.A., a unit of Mitsubishi UFJ Financial Group, appointed Ann Hamilton as a fiduciary management executive, and Peter Bogardus as a private wealth adviser.

oddlyEnoughNews reuters.com

Goldman co-COO's ex-assistant charged with stealing $1.2 million of wine

NEW YORK (Reuters) - A former personal assistant to Goldman Sachs Group Inc Co-Chief Operating Officer David Solomon has been charged with stealing hundreds of bottles of wine worth more than $1.2 million from his former boss.

companyNews reuters.com

Goldman co-COO's ex-assistant charged with stealing $1.2 mln of wine

NEW YORK, Jan 17 (Reuters) - A former personal assistant to Goldman Sachs Group Inc Co-Chief Operating Officer David Solomon has been charged with stealing hundreds of bottles of wine worth more than $1.2 million from his former boss.

worldNews reuters.com

Congo armed groups uniting against President Kabila: U.N.

GENEVA (Reuters) - Militias in eastern Democratic Republic of Congo are uniting in opposition to President Joseph Kabila, a senior U.N. official there told a news conference in Geneva on Wednesday.

businessNews reuters.com

In replacing Dudley, New York Fed aims to avoid political pitfalls

NEW YORK (Reuters) - Unions and groups advocating for retirees, teachers, housing, and workers' benefits are among those visiting the ornate conference rooms of the Federal Reserve Bank of New York to lobby for a less conventional candidate to serve as its next president.

businessNews reuters.com

Goldman investors rattled by latest plunge in bond trading

(Reuters) - Goldman Sachs Group Inc on Wednesday reported a sharp drop in trading revenue that renewed questions about its ability to revive a moribund profit driver or find business to replace it, sending shares down 3 percent.

companyNews reuters.com

UPDATE 3-Goldman investors rattled by latest plunge in bond trading

Jan 17 (Reuters) - Goldman Sachs Group Inc on Wednesday reported a sharp drop in trading revenue that renewed questions about its ability to revive a moribund profit driver or find business to replace it, sending shares down 3 percent.

businessNews reuters.com

In replacing Dudley, NY Fed aims to avoid political pitfalls

NEW YORK (Reuters) - Unions and groups advocating for retirees, teachers, housing, and workers' benefits are among those visiting the ornate conference rooms of the Federal Reserve Bank of New York to lobby for a less conventional candidate to serve as its next president.

businessNews reuters.com

U.S. approval to close Glencore's HNA deal seen by end-June: sources

LONDON (Reuters) - Swiss trader and miner Glencore expects to secure U.S. approval by the end of June on the U.S. portion of a deal to sell a 51 percent stake in its storage and logistics business to China's HNA Group, sources familiar with the matter said.

companyNews reuters.com

UPDATE 3-Nigerian militants threaten oil sector attacks within days

* Group says government talks failed to yield results (Adds pix)

companyNews reuters.com

MOVES-Debt collector Arrow Global names Dave Sutherland as COO

Jan 17 (Reuters) - Debt purchaser and manager Arrow Global Group PLC said on Wednesday it hired Dave Sutherland for the newly created role of chief operating officer.

companyNews reuters.com

BRIEF-Scythian Biosciences Increases Size Of Its Previously Announced C$10 Mln "Bought Deal" Offering To C$12.5 Mln

* SCYTHIAN BIOSCIENCES CORP. ANNOUNCES INCREASE TO BOUGHT DEAL FINANCING WITH SERRUYA PRIVATE EQUITY AND THE DELAVACO GROUP AS OTHER STRATEGIC INVESTORS

companyNews reuters.com

UPDATE 2-Nigerian militants threaten oil sector attacks within days

* Group says government talks failed to yield results (Adds details, quotes, bullet points)

companyNews reuters.com

CORRECTED-UPDATE 2-Russia awarded rights to Stolichnaya vodka brand in Benelux

AMSTERDAM, Jan 10 (Reuters) - Russia's state-owned Sojuzplodoimport won a Dutch appeals court ruling on Tuesday giving it the rights to the Stolichnaya vodka brand in Belgium, the Netherlands, and Luxembourg (Benelux) and stripping them from SPI Group's Spirits International.

companyNews reuters.com

MOVES-Julius Baer names new head of U.K businesses

Jan 17 (Reuters) - Swiss private banking group Julius Baer on Wednesday said it appointed Calum Brewster as head of U.K. regional offices, based in Edinburgh.

companyNews reuters.com

BRIEF-Carlyle Group Says Wanlin Liu Has Joined The Carlyle Asia Private Equity Team As Managing Director

* THE CARLYLE GROUP SAYS WANLIN LIU HAS JOINED THE CARLYLE ASIA PRIVATE EQUITY TEAM AS MANAGING DIRECTOR

companyNews reuters.com

Carlyle considering IPO to exit Turkey's Penti - sources

ISTANBUL, Jan 17 (Reuters) - U.S. private equity firm Carlyle Group is considering an initial public offering (IPO) of its minority holding in Turkish lingerie and swimsuit retailer Penti, three people familiar with the matter told Reuters.

worldNews reuters.com

Arson attack rips through office of Russian human rights group

MOSCOW (Reuters) - One of Russia's biggest human rights groups said on Wednesday that one of its offices in southern Russia had been badly damaged in an overnight arson attack, an incident it said was part of a campaign to drive it from the region.

companyNews reuters.com

EU ombudsman urges ECB's Draghi to leave G30 club of financiers

FRANKFURT, Jan 17 (Reuters) - The European Central Bank's President Mario Draghi should give up his membership of the Group of 30 talking shop of financiers, as it risked hurting public confidence in the ECB's independence, the European Union's ombudsman said on Wednesday.

worldNews reuters.com

Amid tension, China carrier group sails through Taiwan Strait

TAIPEI (Reuters) - A Chinese carrier group has sailed through the narrow Taiwan Strait that separates the self-ruled island from its giant neighbor but no unusual activity was detected, Taiwan said on Wednesday, amid heightened tension with Beijing.

companyNews reuters.com

UPDATE 1-UK's Cineworld 2017 revenue grows as Star Wars, Dunkirk shine

Jan 17 (Reuters) - British cinema operator Cineworld Group , which is buying U.S. peer Regal Entertainment for $3.6 billion, said total 2017 revenue grew 11.6 percent on strong box office takings for titles such as "Star Wars: The Last Jedi" and "Dunkirk".

companyNews reuters.com

UK cinema chain Cineworld's 2017 revenue grows as Star Wars, Dunkirk shine

Jan 17 (Reuters) - British cinema operator Cineworld Group , which is buying U.S. peer Regal Entertainment for $3.6 billion, said total 2017 revenue grew 11.6 percent on strong box office takings for titles such as "Star Wars: The Last Jedi" and "Dunkirk".

Toronto Islands (Toronto, Ontario) nytimes.com

Toronto Journal: Shivering? That’s for City Folk. For Islanders, Ice Time Is Play Time.

A small and hardy group of Torontonians lives on island parkland in the middle of North America’s fourth-largest city, with coyotes and ice boats.

lifestyleMolt reuters.com

World's biggest flooded cave found in Mexico, explorers say

MEXICO CITY (Reuters) - A group of divers has connected two underwater caverns in eastern Mexico to reveal what is believed to be the biggest flooded cave on the planet, a discovery that could help...

businessNews reuters.com

Miramax bid for Weinstein Co. complicates sale process: LA Times

(Reuters) - An attempt by Qatar-owned film company Miramax to buy Weinstein Co. has complicated plans to sell the studio to a group of investors led by former Obama administration official Maria Contreras-Sweet, the Los Angeles Times reported on Tuesday, citing people familiar with the matter.

cnn.com

US cuts funding for Palestinians

The US has announced that it will hold back more than half of the funding it provides for a UN agency that supports Palestinians, about two weeks after President Donald Trump threatened to pull funding for the group.

politicsNews reuters.com

21 states sue to keep net neutrality as Senate Democrats reach 50 votes

(Reuters) - A group of 21 U.S. state attorneys general filed suit to challenge the Federal Communications Commission's decision to do away with net neutrality on Tuesday while Democrats said they needed just one more vote in the Senate to repeal the FCC ruling.

companyNews reuters.com

UPDATE 1-Britain's RBS pulled plug on Carillion days before collapse

LONDON, Jan 16 (Reuters) - Carillion collapsed only days after Royal Bank of Scotland (RBS), one of the British group's main lenders, tightened the terms of its funding, court documents show.

businessNews reuters.com

Health-conscious Nestle sells U.S. candy to Ferrero for $2.8 billion

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products.

worldNews reuters.com

Saudi Arabia shoots down Yemeni missile: Ekhbariya TV

(Reuters) - A ballistic missile fired by Yemen’s armed Houthi group towards Saudi Arabia's southern Jizan region was shot down by Saudi forces on Tuesday, Saudi state TV Ekhbariya reported.

companyNews reuters.com

UPDATE 4-Citigroup reports $18 bln loss on one-time tax items

Jan 16 (Reuters) - Citigroup Inc posted an $18-billion quarterly loss on Tuesday because of charges related to a new U.S. tax law, but its adjusted earnings beat Wall Street expectations and management signaled that the bank may soon lift financial performance targets.

businessNews reuters.com

Dow hits 26,000 for first time on earnings optimism

(Reuters) - The Dow Jones Industrial Average raced past the 26,000 mark for the first time on Tuesday as fourth-quarter earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.

companyNews reuters.com

BRIEF-NSK Will Probably Generate Roughly 108 Bln Yen In Group Operating Profit In The Year Through March 2019 - Nikkei

* NSK LTD WILL PROBABLY GENERATE ROUGHLY 108 BILLION YEN IN GROUP OPERATING PROFIT IN THE YEAR THROUGH MARCH 2019 - NIKKEI Source text : [http://s.nikkei.com/2DjXq3M] Further company coverage:

businessNews reuters.com

Nestle sells U.S. candy business to Ferrero for $2.8 billion amid health push

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path toward healthier products.

companyNews reuters.com

UPDATE 1-Nestle sells U.S. candy business to Ferrero for $2.8 bln amid health push

LONDON/MILAN, Jan 16 (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products.

businessNews reuters.com

Britain investigates Carillion directors after collapse

LONDON/CAMBRIDGE, England (Reuters) - Britain ordered a fast-track inquiry into the role played by Carillion's directors in the failure of the construction and services group, as some of its thousands of small suppliers started to lay off workers on Tuesday.

businessNews reuters.com

Nestle sells U.S. candy to Ferrero amid health push

LONDON/MILAN (Reuters) - Swiss food group Nestle agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, the first major sale from CEO Mark Schneider and a small step on its path towards healthier products.

businessNews reuters.com

Dow briefly tops 26,000 mark

(Reuters) - The Dow eased slightly after hitting the 26,000 mark for the first time on Tuesday, as earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.

businessNews reuters.com

Citigroup reports $18 billion loss on one-time tax items

(Reuters) - Citigroup Inc posted an $18-billion quarterly loss on Tuesday because of charges related to a new U.S. tax law, but its adjusted earnings beat Wall Street expectations and management signaled that the bank may soon lift financial performance targets.

healthNews reuters.com

UnitedHealth raises 2018 profit outlook, to take benefit from tax law

(Reuters) - UnitedHealth Group Inc on Tuesday raised its outlook for 2018 earnings per share by more than 16 percent due to the U.S. corporate tax cut and said it will speed up technology investments that aim to cut customer costs.

companyNews reuters.com

Goldman's commodities revenue fell 75 pct in 2017 - Bloomberg

Jan 16 (Reuters) - Goldman Sachs Group Inc is expected to report a 75 percent fall in 2017 commodities trading revenue to its lowest on record, hurt by losses in gas and power, Bloomberg News reported on Tuesday.

companyNews reuters.com

BRIEF-Goldman's Commodity Revenue Drops 75 pct In 2017 - Bloomberg

* GOLDMAN SACHS GROUP INC'S COMMODITIES UNIT NET REVENUES FELL ABOUT 75 PERCENT IN 2017 - BLOOMBERG CITING SOURCES Source text: https://bloom.bg/2FH5euH Further company coverage:

businessNews reuters.com

Dow hits 26,000 for first time

(Reuters) - The Dow Jones Industrial Average touched the 26,000-mark for the first time on Tuesday and other Wall Street indexes climbed as strong earnings from UnitedHealth and Citigroup helped lift the sentiment.

companyNews reuters.com

US STOCKS SNAPSHOT-Dow hits 26,000 for first time

Jan 16 (Reuters) - The Dow Jones Industrial Average touched the 26,000-mark for the first time on Tuesday and other Wall Street indexes climbed as strong earnings from UnitedHealth and Citigroup helped lift the sentiment.