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METALS-LME copper slips as dollar gains in holiday-thinned trade

MELBOURNE, Feb 19 (Reuters) - London metals started the week lower on Monday as a resurgent dollar dragged down prices from one-month highs hit the session before and the Lunar New Year holidays reduced liquidity. FUNDAMENTALS * COPPER: London Metal Exchange copper had slipped by 0.6 percent to $7,189 a tonne by 0104 GMT, erasing small gains from the previous session when prices hit the highest since Jan. 15 at $7,253. Volumes were exceptionally light across the complex with


U.S. Supreme Court weighs intervening in 'Dreamers' problem

WASHINGTON (Reuters) - The U.S. Supreme Court could say on Friday whether it will consider President Donald Trump's appeal of a lower court decision blocking his order to end a program that shields hundreds of thousands of young immigrants from deportation.


Kraft Heinz quarterly profit, sales miss estimates

(Reuters) - Kraft Heinz Co's quarterly profit and sales missed analysts' estimates on Friday, hurt by lower shipments for nuts, natural cheese and cold cuts in the U.S.

Supreme Court meets on DACA

The Supreme Court will meet behind closed doors Friday to decide whether to take up a lower court opinion that temporarily blocked President Donald Trump's effort to end the Deferred Action for Childhood Arrivals immigration program.


U.S. FDA looks to pave way for earlier-stage Alzheimer's drugs

(Reuters) - U.S. regulators have proposed lowering the bar for clinical trial success for experimental Alzheimer's drugs to better align with the current emphasis on the need to treat people when they are in the earliest stages of the brain-wasting disease.


Mexico's Financiero Interacciones sees cheaper loans on Banorte tie-up

MEXICO CITY, Feb 14 (Reuters) - Mexico's state and municipal government debt sector will likely see lower borrowing costs in the coming months following the acquisition of Grupo Financiero Interacciones by Banorte, Interacciones CEO said on Wednesday.


UPDATE 1-Shire ‍sees slowdown in earnings growth as generic rivals bite

LONDON, Feb 14 (Reuters) - Shire, which is splitting its rare disease and hyperactivity drugs into two units, said 2018 sales would grow in mid-single digits and profits would rise at an even slower pace, after 2017 earnings per share climbed 16 percent.


Futures sink as CPI data raises inflation fears

(Reuters) - U.S. stock reversed course to trade half a percent lower on Wednesday after data showed consumer prices rose more than expected in January, with a measure of underlying inflation posting its biggest gain in a year.


UPDATE 1-Teck Resources Q4 adjusted profit in line with estimates

TORONTO, Feb 14 (Reuters) - Canada's Teck Resources Ltd , the world's second-biggest exporter of steelmaking coal, reported an in-line fourth-quarter adjusted profit as lower operating costs helped offset a fall in sales of metallurgical coal.


Mi mi mi: super fans of China's Xiaomi stoke IPO ambitions

BEIJING/SHANGHAI (Reuters) - Wang Bin, 29, is a serious "mi fan", one of the ardent followers of Xiaomi Technology Co Ltd, the maker of smartphones and other electronic products that looks headed for a big initial public offering, perhaps as early as this year.


Vigilant adherence to celiac diet linked with lower quality of life

(Reuters Health) - People with celiac disease who are extremely vigilant about not ingesting gluten may perceive that their quality of life is reduced, according to a new study.


UPDATE 2-Sky wins bulk of Premier League rights as value slips

* 4.46 bln pounds total is 680 mln pounds lower than last auction (Adds analyst reaction, further background)

Boards of Directors

Broadcom Now Seeking Fewer of Qualcomm’s Board Seats

In seeking only six director spots at Qualcomm, Broadcom has effectively lowered the bar for success in its hostile takeover campaign.


Bill aims to restore U.S. tax break for advance refunding muni bonds

CHICAGO (Reuters) - The federal tax exemption for a type of debt refunding used by U.S. states, cities, schools and other issuers to lower borrowing costs would be restored under a new bipartisan bill in Congress, two of its sponsors said on Tuesday.

Federal Budget (US)

News Analysis: Republicans Have Forgotten They Hate Deficits

Three pillars of the economic platform of the last decade for the Republican Party were less government spending, lower deficits and policy certainty. Not any more.


'Whistleblower' alleges manipulation of Cboe volatility index

NEW YORK/BENGALURU (Reuters) - Wall Street's most widely followed gauge of future stock market volatility is being manipulated, causing billions of dollars in losses a year to unwary investors, a law firm representing an "anonymous whistleblower" alleged in a letter to U.S. financial regulators and released on Monday.


High cancer-related expenses take a toll on quality of life

Reuters Health - Cancer survivors who face a higher financial burden with their treatment and recovery tend to report lower quality of life and higher distress, a new study shows.


'Whistleblower' alleges VIX manipulation, urges regulatory probe

(Reuters) - A scheme to manipulate Wall Street's fear gauge, VIX, poses risk to the entire equity market and costs investors hundreds of millions of dollars a month, a law firm on behalf of an "anonymous whistleblower" told U.S. financial regulators and urged them to investigate before additional losses are suffered.


"Whistleblower" alleges VIX manipulation, urges regulatory probe

Feb 12 (Reuters) - A scheme to manipulate Wall Street's fear gauge, VIX, poses risk to the entire equity market and costs investors hundreds of millions of dollars a month, a law firm on behalf of an "anonymous whistleblower" told U.S. financial regulators and urged them to investigate before additional losses are suffered.

Fashion and Apparel

On the Verge: Brand to Know: An Innovative Jewelry Line Inspired by Flowers

Stephanie D’heygere, Maison Martin Margiela’s former head of jewelry, launches her own accessories collection.

Analysis: Michelle Obama's portrait doesn't look just like her. It doesn't have to.

The Obamas were back in Washington on Monday for the unveiling of their official portraits that will hang in the National Portrait Gallery. While Barack Obama's portrait -- the former president seated in a chair surrounded by flowers and leaves-- was intriguing, it was the depiction of former first lady Michelle Obama that stole the show -- primarily because some corners of the Internet (including me) didn't think the portrait looked much like Mrs. Obama.

Health Insurance and Managed Care

Op-Ed Contributors: Republicans Need a Nudge to Lower Health Care Costs

The G.O.P. killed the Obamacare mandate. Automatic enrollment into insurance plans is a good way to replace it.


Figure skating: Triumph after tears as Nagasu makes skating history

GANGNEUNG, South Korea (Reuters) - Four years ago, American figure skater Mirai Nagasu was heartbroken after being left off the U.S. team for the Sochi Olympics in favour of a woman who ranked lower than she had at a key qualifying event.


Seoul seeks communication, lower military tension ahead of possible North Korea summit

SEOUL (Reuters) - South Korea said on Monday it will try to arrange more reunions for families divided by the Korean War and seek to lower military tensions with North Korea as the first steps towards establishing grounds for a rare summit between the two Koreas.


BRIEF-Moviepass Lowers Its Price To $7.95 Per Month Plus Unlimited Streaming


Drugs (Pharmaceuticals)

Lower Drug Prices: New Proposals Carry Lots of Promises

The White House is considering a plan to lower out-of-pocket costs for people in Medicare drug plans, who often pay inflated prices for their drugs.


Fleeing Venezuelans find work cutting Valentine roses in Colombia

CHIA, Colombia (Reuters) - As millions of Americans prepare to celebrate Valentine's Day with flowers, many of those blooms will be picked and packaged by Venezuelan migrants working for a minimum wage after fleeing violence and economic collapse in their South American homeland.


Rediscoveries: A Blind Publisher, Poet — and Link to the Lower East Side’s Cultural History

Steve Cannon is a bridge to 50 years’ worth of thinkers in New York, and a point of contact to David Hammons, one of the most elusive artists of our age.


Trump administration proposes ways to lower some U.S. drug costs: WSJ

WASHINGTON (Reuters) - The Trump administration is proposing ways to curb the cost of prescription drugs for seniors and other Americans, the Wall Street Journal reported on Friday, acting on repeated pledges by President Donald Trump to tackle rising prices.


Wall Street on course for worst week in six years

(Reuters) - U.S. stock markets were set to open flat to lower on Friday, putting both the S&P 500 and Dow Jones Industrial Average on course for their biggest weekly losses in at least six years.


Wheels: To Power the Future, Carmakers Flip on 48-Volt Systems

New electrical architecture will help satisfy the demands of cars that are increasingly loaded with gadgets and will enable lower-cost hybrid drive systems.


Argentine truck strike pressures more ports, lowers grain cargos

BUENOS AIRES, Feb 8 (Reuters) - A truck owners strike that started last week in a bid to force the adoption of mandatory minimum grains hauling rates slowed the loading of export cargo ships on Thursday, said Guillermo Wade, manager of the Chamber of Port and Maritime Activities.


Twitter Reports First Quarterly Profit, Despite User Stagnation

The social network’s earnings report is a rare bright spot for a company grappling with criticism over fake accounts and slower-than-expected growth.


Futures slip, investors take stock after volatile week

(Reuters) - U.S. stock index futures edged lower on Thursday as investors took stock of a heavy round of corporate results after the most volatile week of trading in more than two-and-a-half years.


Whistleblowers should not go public, says WADA

PYEONGCHANG, South Korea (Reuters) - Whistleblowers in sport should not go public with their information because they would be compromising their potential protection, the World Anti-Doping Agency (WADA) said on Thursday.


Wall Street ends down after choppy session; energy, tech weigh

(Reuters) - U.S. stocks closed lower in an up-and-down session on Wednesday, dragged down by tech and energy shares, as investors adjusted to a more volatile market following wild swings of the past few sessions.


Brazil minister says changes to pension reform guarantee passage

BRASILIA, Feb 7 (Reuters) - Brazil's cabinet minister in charge of political affairs said on Wednesday that the government believes recent amendments to a pension reform bill will result in 314 members of the lower house voting in favor of it, five more than required to pass it.


Wall Street set to open lower after Tuesday's recovery

(Reuters) - U.S. stock index futures were down about a third of a percent, setting Wall Street for a lower open on Wednesday, an almost 2 percent gain in the previous session failing to calm the nerves following the Dow's biggest intraday fall on Monday.


Sanofi's return to profit growth this year slower than hoped

PARIS (Reuters) - Sanofi forecast on Wednesday a return to profit growth this year, but its shares fell as analysts had hoped for a bigger boost from recent deals and a revamped drugs pipeline.


UPDATE 4-Oil steadies, as lower inventories offset by higher U.S. output

* The U.S. shale revolution: (Updates with comment, prices. Changes dateline from SINGAPORE)


Oil rises on report of lower U.S. crude inventories, stock market recovery

SINGAPORE (Reuters) - Oil prices rose on Wednesday amid a share market recovery and supported by a report that U.S. crude inventories fell last week, although analysts warned that soaring U.S. output and a seasonal demand drop could soon weigh on crude.

Redistricting and Reapportionment

Supreme Court Issues Partial Stay in North Carolina Voting Case

In the latest battle in the voting wars in North Carolina, the Supreme Court blocked part of a lower court order revising voting districts there.


Lawmaker warns U.S. Attorney General against stifling whistleblowers

WASHINGTON (Reuters) - A U.S. Justice Department memo issued in January to employees about their communications with Congress may run afoul of rules designed to protect government whistleblowers from being muzzled, a Republican lawmaker said on Tuesday.


Dow falls over 2 percent at open as volatility rises

(Reuters) - The Dow Jones Industrial Average opened almost another 2 percent lower on Tuesday after two days of heavy losses that have undermined faith in the U.S. stock market's almost decade-long rally.


METALS--Metals buckle as 'risk off', strong dollar bite

(Adds comment, detail, updates prices) By Melanie Burton MELBOURNE, Feb 6 (Reuters) - London nickel fell more than 3 percent on Tuesday, leading the base metals complex lower as "risk off" sentiment soured share markets and safe-haven buying lifted the dollar. The dollar has risen as a rout in global equities prompted anxious investors to cut exposure to riskier assets and seek shelter in the relative safety of the greenback. A stronger dollar makes commodities more expensive for b


Oil prices fall more than 1 percent amid global market rout

SINGAPORE (Reuters) - Oil prices dropped by more than 1 percent on Tuesday, extending falls from the previous session as global financial markets tumbled lower in the wake of one of the biggest intra-day falls ever registered on Wall Street.

Russian Interference in 2016 US Elections and Ties to Trump Associates

The Times Asks Court to Unseal Documents on Surveillance of Carter Page

The New York Times argues that President Trump lowered the shield of secrecy surrounding documents related to the wiretapping of Carter Page, a onetime Trump campaign adviser.

In a blow to GOP, Supreme Court declines request to block a PA redistricting ruling

The Supreme Court declined Monday a request from Pennsylvania Republicans to block a lower court ruling that ordered Pennsylvania to redraw congressional lines.


U.S. Supreme Court allows revamp of Pennsylvania electoral map

(Reuters) - The U.S. Supreme Court on Monday refused to block a lower court ruling requiring Republican-drawn congressional districts in Pennsylvania to be reworked immediately, boosting Democratic hopes of winning control this year of the U.S. House of Representatives.


Wall Street lower as losses in energy, bank stocks weigh

(Reuters) - U.S. stocks were trading lower in early afternoon on Monday as bond yields continued to hover near multi-year highs and losses in energy and financial stocks weighed.

Cooking and Cookbooks

Exploring the Sweet Subtleties of Vinegar

American cooks are making it from all kinds of things, from mushrooms to flowers, and using it to fine-tune their dishes from start to finish.


Wall Street set to open lower as rising bond yields weigh

(Reuters) - U.S. stocks looked set to open lower on Monday as rising bond yields continued to fuel the selloff in equities and hints of inflation pickup triggered concerns that the Federal Reserve might have to raise interest rates more quickly.


Global stocks routed, yields rise as U.S. inflation threat spooks markets

LONDON (Reuters) - Stock markets were routed around the globe on Monday, with European indexes opening lower and bond yields rising as resurgent U.S. inflation raised the possibility central banks would tighten policy more aggressively than had been expected.


GLOBAL MARKETS-Stocks routed, yields rise as U.S. inflation threat spooks markets

LONDON, Feb 5 (Reuters) - Stock markets were routed around the globe on Monday, with European indexes opening lower and bond yields rising as resurgent U.S. inflation raised the possibility central banks would tighten policy more aggressively than had been expected.


METALS-London copper steadies, shielded by softer dollar

MELBOURNE, Feb 5 (Reuters) - London copper steadied on Monday but looked fragile as risk-off selling swept through Asia's stock markets, threatening to pressure metals that had found near-term support in a softer dollar. FUNDAMENTALS * COPPER: London Metal Exchange copper held up by a meagre 0.2 percent amid a flat to lower complex, trading at $7,059 a tonne by 0127 GMT. Prices dropped 1 percent on Friday when they hit the highest in a week at $7,188.50 before falling into the


UPDATE 1-Canada's Imperial Oil posts lower-than-expected adj. profit

Feb 2 (Reuters) - Canada's Imperial Oil Ltd on Friday reported a lower-than-expected adjusted quarterly profit, hurt by a 22 percent rise in expenses.


Exxon profit misses expectations; sees $5.9 billion tax gain

HOUSTON (Reuters) - Exxon Mobil Corp, the world's largest publicly-traded oil producer, posted a lower-than-expected quarterly profit on Friday due to falling production and weakness in its chemical and refining operations, sending shares down 2.8 percent in premarket trading.

State of the Union Message (US)

Op-Ed Columnist: Trump’s Corruption of the American Republic

The danger of lowered expectations and the ever more frequent shrug.


Probiotic milk tied to lowered risk of some pregnancy complications

(Reuters Health) - Pregnant women who drink milk containing probiotic “friendly” bacteria are less likely to have premature births or pre-eclampsia, a serious complication of pregnancy, suggests a Scandinavian study.


Wall Street set to open lower on hawkish Fed, Microsoft's drop

(Reuters) - U.S. stocks were set to open lower on Thursday, weighed down by a drop in Microsoft and after the Federal Reserve raised its inflation outlook and flagged "further gradual" interest rate hikes.


US STOCKS-Wall St set to open lower on hawkish Fed, Microsoft's drop

* Futures down: Dow 148 pts, S&P 8.75 pts, Nasdaq 28.5 pts (Adds details, comment, updates prices)


Groningen output of 19.5-21 bcm would guarantee supply this winter -grid

AMSTERDAM, Feb 1 (Reuters) - Gasunie, operator of the Dutch gas grid, on Thursday advised the government that production at the Groningen onshore natural gas field could be limited to 19.5-21 billion cubic metres (bcm) this winter while still guaranteeing supply, lower than the 21.6 bcm currently approved.


UPDATE 1-Banco Bradesco sees loan growth in 2018, but lower interest income

SAO PAULO, Feb 1 (Reuters) - Brazil's Banco Bradesco plans to accelerate loan book growth this year as Latin America's largest economy recovers from a recession, but sees more pressure on margins.


Asian shares struggle, China dips on Lunar New Year profit-taking

TOKYO (Reuters) - An index of Asian shares swung into negative territory on Thursday, erasing earlier gains, as a late retreat in Chinese stocks pulled the benchmark lower and as concerns about rising interest rates softened investor sentiment.

White supremacists target college campuses more than ever

White supremacist groups have been flocking to college campuses at an increased rate, spreading propaganda and hoping to lure new followers, the Anti-Defamation League said.


Symantec's revenue misses estimates as enterprise segment sales fall

(Reuters) - Symantec Corp's quarterly revenue missed estimates, hurt by lower sales at its enterprise security division, and the company lowered its profit and revenue forecast for 2018.


PayPal's fourth-quarter profit beats estimates, but forecast disappoints

(Reuters) - Payments processor PayPal Holdings Inc's fourth-quarter profit topped analysts' forecasts on strength in its merchant services business, but the company gave a disappointing forecast for first-quarter earnings, sending its shares lower.


Pfizer sees upbeat 2018 on lower tax rate, shares dip after highs

(Reuters) - Pfizer Inc forecast 2018 profit and revenue well ahead of analysts' estimates on Tuesday as it expects to benefit from reduced tax rate following the recent changes to the U.S. tax code, and recorded an $11 billion gain from the overhaul.


Amazon, Berkshire, JPMorgan create healthcare company to cut costs

(Reuters) - Inc, Berkshire Hathaway and JPMorgan Chase & Co will form a healthcare company aimed at cutting costs for their U.S. employees, they said on Tuesday, sending shares in the broad healthcare sector sharply lower.


Dow futures fall nearly 200 points as bond yields, heath stocks weigh

(Reuters) - U.S. stocks were set to open lower for a second straight day on Tuesday, with Dow futures down about 200 points, weighed down by a rise in bond yields and a drop in shares of healthcare companies.


Amazon, Berkshire, JPM team up for cheaper employee healthcare

(Reuters) - Inc , Berkshire Hathaway and JPMorgan Chase & Co are forming a venture aimed at lowering healthcare costs for their U.S. employees, they said on Tuesday, sparking a slide in the shares of a host of healthcare-related companies.


Health insurer Aetna quarterly profit soars 75.5 percent

(Reuters) - Aetna Inc , which has agreed to be bought by CVS Health Inc , reported a 75.5 percent rise in quarterly profit on Tuesday, due to lower restructuring and transaction and integration-related costs.


SAP talks up cloud business, buys $2.4 billion U.S. sales software firm

WALLDORF, Germany (Reuters) - SAP posted 2017 results on the lower side of market expectations after Chief Executive Bill McDermott had promised a "dynamite" final quarter in its cloud business, as Europe's top technology company announced a $2.4 billion U.S. acquisition.


SAP talks up cloud business, buys $2.4 bln sales software firm

WALLDORF, Germany, Jan 30 (Reuters) - Germany's SAP posted 2017 results on the lower side of market expectations after Chief Executive Bill McDermott had promised a "dynamite" final quarter in its cloud business, as Europe's top technology company announced a $2.4 billion U.S. acquisition.


Asia stocks off record highs as Wall St. flags, dollar firms on higher yields

TOKYO (Reuters) - Asian stocks retreated from record highs on Tuesday after a selloff in Apple shares knocked Wall Street lower, while the dollar found support as U.S. bond yields climbed to near four-year highs.

Area Planning and Renewal

A Homecoming 50 Years in the Making

In 1967, David Santiago was forced out of his Lower East Side tenement to make way for urban development, with promises he could return. Now, he has.


Poland to decide later this year on building nuclear plant

WARSAW (Reuters) - Poland will decide later this year whether to build its first nuclear power plant to lower carbon emissions as part of a plan to reduce dependence on coal in the long term, the country's Energy Minister Krzysztof Tchorzewski said on Monday.


New York prosecutor to investigate firm selling online followers

NEW YORK (Reuters) - New York's chief prosecutor will investigate a company that, according to a New York Times article published on Saturday, sold millions of fake followers on social media accounts to celebrities and others wanting to goose their online presence.

Social Media

New York Attorney General to Investigate Firm That Sells Fake Followers

The company, Devumi, sold at least 55,000 Twitter bots that used personal information taken from real people.

Paris on flood alert as Seine rises

Paris remained on flood alert Saturday after the swollen Seine burst its banks, leaving streets flooded and forcing part of the lower level of the famous Louvre Museum to close.


Austrian president calls for far-right candidate's resignation over Nazi-content in song book

VIENNA (Reuters) - Austrian President Alexander van der Bellen on Saturday called on Freedom Party (FPO) candidate Udo Landbauer to step down from elections in the province of Lower Austria after it emerged a group he was a member of had distributed song books with Nazi content.


Roche hemophilia drug lowers costs despite high price: ICER

Jan 26 (Reuters) - A costly new Roche Holding AG drug to treat the bleeding disorder hemophilia A could significantly reduce healthcare expenses for certain patients, a draft report from an independent U.S. nonprofit organization that evaluates clinical and cost effectiveness of new medicines said on Friday.

EPA withdraws regulation on 'major sources' of pollution

The Environmental Protection Agency is withdrawing a policy that requires facilities, such as power plants, that are "major" sources of hazardous air pollutants to remain classified as major sources even if they lowered their emissions.


FedEx commits $3.2 billion following changes in tax law

(Reuters) - Package delivery company FedEx Corp said on Friday it planned to spend more than $3.2 billion in wage increases, bonuses, pension funding and capital investment, taking advantage of the lower tax rates.


FedEx commits $3.2 bln following changes in tax law

Jan 26 (Reuters) - Package delivery company FedEx Corp said on Friday it planned to spend more than $3.2 billion in wage increases, bonuses, pension funding and capital investment, taking advantage of the lower tax rates.


Colgate's quarterly sales fall short of estimates

(Reuters) - Colgate-Palmolive Co reported lower-than-expected quarterly sales on Friday along with a drop in profit for a charge related to the new U.S. tax law, driving shares of the world's largest toothpaste maker 4 percent lower.


BRIEF-Invictus MD Jumpstarts Revenue Stream With Sale Of First 120 KG Of Flower To Canopy Growth Corp



Honeywell raises 2018 profit forecast on tax benefit

(Reuters) - U.S. industrial conglomerate Honeywell International Inc reported a better-than-expected quarterly profit on Friday and raised its 2018 earnings forecast, citing lower tax rates.


Colgate-Palmolive quarterly sales miss estimates

(Reuters) - Colgate-Palmolive Co reported on Friday lower -than-expected sales on slower growth and a drop in profit on a charge related to the new U.S. tax law.


UPDATE 1-Colgate-Palmolive quarterly sales miss estimates

Jan 26 (Reuters) - Colgate-Palmolive Co reported on Friday lower -than-expected sales on slower growth and a drop in profit on a charge related to the new U.S. tax law.


Honeywell results beat, raises 2018 profit forecast

(Reuters) - U.S. industrial conglomerate Honeywell International Inc's adjusted earnings narrowly beat estimates on Friday and the company raised its forecast for 2018 profit, citing lower tax rates.


Thai PTTEP profit jumps 60 pct, eyes new investments

BANGKOK, Jan 26 (Reuters) - Thai PTT Exploration and Production Pcl (PTTEP) reported profit rose 60 percent in 2017 helped by lower depreciation and amortization expenses, and said it was targeting projects in Southeast Asia and the Middle East to increase its petroleum reserves.


Nikkei ends lower in choppy trade; mining, financials lead falls

TOKYO, Jan 26 (Reuters) - Japan's Nikkei share average ended lower in choppy trade on Friday as investors locked in profits ahead of the weekend, while mining shares and financial firms underperformed the market.


U.S. airline shares fall again as investors worry about capacity, price wars

NEW YORK (Reuters) - U.S. airline shares sunk further on Thursday as quarterly reports from American Airlines and Southwest Airlines did nothing to quell investors' fears that carriers' plans to expand capacity will lead to lower fares just as the industry faces rising costs.


U.S. to seek dismissal of 'meritless' whistleblower cases: memo

BOSTON (Reuters) - The U.S. Justice Department has issued a memo that lawyers say could result in fewer whistleblowers being allowed to pursue lawsuits on the agency's behalf against companies accused of defrauding the government.


BRIEF-Freddie Mac Prices First Lower LTV STACR Deal Of 2018



Lobbyists pin hopes on House in push to ease bank rules: sources

WASHINGTON (Reuters) - Bank lobbyists are setting their sights on the U.S. House of Representatives, hoping the lower chamber will push the Senate to further relax regulatory oversight of larger banks, several people familiar with the situation said.


US STOCKS-Wall St advance loses steam as Caterpillar reverses

* Dow up 0.38 pct, S&P 500 up 0.06 pct, Nasdaq up 0.06 pct (Updates with Caterpillar turning lower)


American Airlines profit falls as labor, fuel costs surge

NEW YORK (Reuters) - American Airlines on Thursday reported an 11 percent drop in quarterly profit from a year earlier as labor and fuel costs bloated operating expenses, sending shares lower in premarket trading. American, the No. 1 U.S. carrier by passenger traffic, reported fourth-quarter net profit of $258 million, or 54 cents per share, down $31 million from $289 million, or 56 cents a share, a year earlier.


UPDATE 1-Northrop revenue beats; sees lower taxes boost 2018 profit

Jan 25 (Reuters) - U.S. weapons maker Northrop Grumman Corp reported a better-than-expected quarterly revenue helped by higher sales in its aerospace and mission systems businesses that make parts for the F-35 fighter jets, and said it expects a lower tax rate to boost earnings in 2018.