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PersonalFinance reuters.com

Fidelity keeps $2 billion mandate in New York after star manager's departure

BOSTON (Reuters) - A large New York state retirement plan said on Monday it would keep a popular Fidelity tech fund, whose portfolio manager recently left the company after being accused of sexual...

businessNews reuters.com

Atos offers to buy Gemalto for 4.3 billion euros to boost cyber security services

PARIS (Reuters) - French technology consulting firm Atos offered to buy Gemalto for 4.3 billion euros ($5.06 billion) on Monday to boost its cyber security services as states and big corporations seek to cope with a growing number of attacks on the Internet worldwide.

businessNews reuters.com

Boeing lifts dividend by 20 percent, sets new $18 billion share buyback

(Reuters) - Boeing Co said on Monday it would raise its quarterly dividend by 20 percent and replace its existing share repurchase program with a new $18 billion authorization.

PersonalFinance reuters.com

Fidelity fund keeps $2 billion mandate in New York after manager's departure

BOSTON (Reuters) - A popular Fidelity Investments tech fund, whose manager left the company after being accused of sexual harassment, has retained a mandate to manage more than $2 billion for a New...

Mueller, Robert S III nytimes.com

Op-Ed Contributor: Why Team Trump Needs to Lay Off the Mueller Probe

If it goes to the question of impeachment, Congress will need help.

businessNews reuters.com

Zurich Insurance to buy ANZ's life insurance businesses for $2.14 billion

ZURICH (Reuters) - Zurich Insurance has agreed to buy ANZ's OnePath Life insurance businesses for 2.85 billion Australian dollars ($2.14 billion), the latest and largest foray by the Swiss company into the Australian market.

worldNews reuters.com

Exclusive: Detained Saudi billionaire al-Sanea seeks to end debt dispute

DUBAI (Reuters) - A detained Saudi billionaire who led the collapsed Saad Group is seeking to repay part of a multi-billion dollar debt to creditors under a deal that could allow his release, people familiar with the matter told Reuters.

environmentNews reuters.com

EDF announces big push into solar, sees cost at 25 billion euros

PARIS (Reuters) - French state-owned utility EDF announced on Monday plans for a big push into solar energy in France that is likely to cost around 25 billion euros as the government tries to meet its climate goals.

worldNews reuters.com

Putin, Egypt's Sisi discuss restart of flights, sign nuclear deal

CAIRO (Reuters) - Russian President Vladimir Putin held talks with Egypt's President Abdel Fattah al-Sisi on Monday, agreeing to resume civilian flights which Moscow halted more than two years ago after militants bombed a Russian tourist jet over the Sinai.

businessNews reuters.com

VW sees 4-5 billion euros in outflows in 2018 due to dieselgate

WOLFSBURG, Germany (Reuters) - Volkswagen expects cash outflows of 4-5 billion euros ($4.7-5.9 billion) next year in relation to the dieselgate emissions cheating scandal, the carmaker's Chief Financial Officer Frank Witter told journalists on Monday.

topNews reuters.com

Verizon to pay $2.25 billion to NFL for five-year streaming deal: source

NEW YORK (Reuters) - Verizon Communications Inc will pay around $2.25 billion for a five-year digital streaming partnership with National Football League, according to a source.

worldNews reuters.com

Russia's Putin, Egypt's Sisi discuss nuclear deal, Middle East tensions

CAIRO (Reuters) - Russian President Vladimir Putin met Egypt's President Abdel Fattah al-Sisi in Cairo on Monday for talks over a nuclear power plant and tensions in the Middle East following Washington's decision to recognize Jerusalem as Israel's capital.

worldNews reuters.com

Russia's Putin and Egypt's Sisi discuss Middle East tensions in Cairo

CAIRO (Reuters) - Russian President Vladimir Putin met Egypt's President Abdel Fattah al-Sisi in Cairo on Monday for talks on cooperation and tensions in the Middle East following Washington's decision to recognise Jerusalem as Israel's capital.

topNews reuters.com

Exclusive: U.S. mall owner GGP rejects Brookfield Property's $14.8 billion offer - sources

NEW YORK (Reuters) - GGP Inc , one of the largest owners and operators of U.S. shopping centers, has rejected a $14.8 billion buyout offer from its biggest shareholder, Brookfield Property Partners LP , people familiar with the matter said on Sunday.

worldNews reuters.com

Qatar goes ahead with $6.7 billion Typhoon combat jets deal with UK's BAE Systems

LONDON (Reuters) - BAE Systems and Qatar have entered into a contract valued at around 5 billion pounds ($6.7 billion) for the country to buy 24 Typhoon combat aircraft, the British defense group said on Sunday.

Art nytimes.com

Big City: We Need to Talk About Balthus

The Metropolitan Museum declined to rethink its display of the artist’s painting of a girl in a sexualized pose, even as the culture grapples with the issues it presents.

sportsNews reuters.com

United 2026 bid needs to build support for U.S. not stadiums

TORONTO (Reuters) - The heads of a joint bid from the United States, Mexico and Canada to host the 2026 World Cup trumpeted a winning plan on Saturday that technically ticks most if not all the boxes FIFA wants, but could miss the mark when it comes to winning friends.

topNews reuters.com

U.N. envoy told North Korea urgent need to open channels to cut conflict risk

SEOUL/UNITED NATIONS (Reuters) - The United Nations political affairs chief told senior North Korean officials during a visit to Pyongyang this week that there was an "urgent need to prevent miscalculations and open channels to reduce the risks of conflict," the world body said.

cnn.com

On the economy, Trump needs to get his statistics straight

cnn.com

She's 'Mama Rosie' to more than 5,000 children in need

When Rosie Mashale moved to Khayelitsha -- Cape Town, South Africa's largest township -- she was alarmed to see children in the dump near her home, scavenging for something to eat.

companyNews reuters.com

Speculators increase net-short dollar bets to $4.28 billion -CFTC and Reuters

Dec 8 (Reuters) - Speculators increased their bearish, net-short bets on the U.S. dollar to $4.28 billion in latest week of trading, marking the 21st straight week of net-negative speculator dollar positioning, data from the Commodity Futures Trading Commission calculated by Reuters showed.

companyNews reuters.com

BRIEF-WestRock Sees Fiscal 2018 Revenue Of At Least $16.3 Billion

* REITERATED FISCAL 2018 GUIDANCE FOR REVENUE OF AT LEAST $16.3 BILLION, ADJUSTED SEGMENT EBITDA OF MORE THAN $2.8 BILLION

companyNews reuters.com

BRIEF-Manulife Financial Corp Files For Mixed Shelf Of Up To $5 Billion

* MANULIFE FINANCIAL CORP FILES FOR MIXED SHELF OF UP TO $5 BILLION– SEC FILING‍​ Source text - (http://bit.ly/2BhcmyL) Further company coverage:

sportsNews reuters.com

Competitions needed for Russians not going to Games, says ROC chief

MOSCOW (Reuters) - Russian Olympic Committee President Alexander Zhukov said competitions should be organized for Russian athletes who decide not to compete at the 2018 Pyeongchang Winter Games, R-Sport news agency reported on Friday.

companyNews reuters.com

RPT-From Poles to Filipinos? UK food industry needs post-Brexit workers

* Brexit means EU citizens will lose right to work in Britain

PersonalFinance reuters.com

U.S.-based stock ETFs attract $14.6 billion of inflows, largest since June: Lipper

NEW YORK (Reuters) - U.S.-based stock ETFs attracted $14.6 billion of inflows in the week ended Wednesday, their 10th consecutive week of inflows and the largest since June, illustrating investors'...

companyNews reuters.com

UPDATE 1-U.S.-based stock ETFs attract $14.6 bln of inflows, largest since June -Lipper

(Adds quotes from senior research analyst) By Jennifer Ablan NEW YORK, Dec 7 (Reuters) - U.S.-based stock ETFs attracted $14.6 billion of inflows in the week ended Wednesday, their 10th consecutive week of inflows and the largest since June, illustrating investors' appetite for low-cost exposure to record-high stock markets. Risk appetite was also reflected in high-quality bonds. U.S.-based investment-grade corporate bond funds attracted $622 million of inflows in the week ended We

companyNews reuters.com

U.S.-based stock ETFs attract $14.6 bln of inflows, largest since June -Lipper

NEW YORK, Dec 7 (Reuters) - U.S.-based stock ETFs attracted $14.6 billion of inflows in the week ended Wednesday, their 10th consecutive week of inflows and the largest since June, illustrating investors' appetite for low-cost exposure to record-high stock markets.

companyNews reuters.com

BRIEF-Anthem Inc - Board Increased Company's Share Repurchase Authorization By $5 Billion

* ANTHEM INC - ON DECEMBER 7, 2017, BOARD INCREASED COMPANY'S SHARE REPURCHASE AUTHORIZATION BY $5 BILLION

PersonalFinance reuters.com

Investment funds buy $9.481 billion two-year note in November: U.S. Treasury

(Reuters) - Large investment managers bought $9.481 billion at a 2-year note auction held in November,

companyNews reuters.com

BRIEF-Freddie Mac Prices $1.1 Billion Multifamily K-Deal, K-F39

* FREDDIE MAC - APPROXIMATELY $1.1 BILLION IN K CERTIFICATES (K-F39 CERTIFICATES) ARE EXPECTED TO SETTLE ON OR ABOUT DECEMBER 18, 2017 Source text for Eikon: Further company coverage:

technologyNews reuters.com

Deutsche Bank says more regulation of cryptocurrencies needed

BERLIN (Reuters) - More regulation and some degree of security are needed to make cryptocurrencies such as bitcoin a serious new asset class for investors, Deutsche Bank Chief Investment Officer Christian Nolting said.

businessNews reuters.com

Steinhoff scandal knocks $12 billion off value in blow to tycoon Wiese

JOHANNESBURG/BERLIN (Reuters) - Shocked Steinhoff shareholders have wiped more than $12 billion off its value since it revealed "accounting irregularities" and parted ways with its chief executive, in a dramatic fall from grace for the South African retailer.

New York City nytimes.com

New York Today: New York Today: Do Dogs Need Winter Coats?

Thursday: How pups fare in cold weather, goings-on around town, and a day to honor pioneer pilots.

Liberalism (US Politics) nytimes.com

Contributing Op-Ed Writer: Liberals Need to Take Their Fingers Out of Their Ears

Many Democrats continue to have little understanding of their own role in creating the conditions that make conservatives willing to support Trump.

companyNews reuters.com

France and Qatar sign deals worth 12 billion euros -- Macron

QATAR, Dec 7 (Reuters) - France and Qatar signed commercial contracts worth around 12 billion euros ($14.15 billion) on Thursday, French President Emmanuel Macron said, adding that the deals underscored the close relationship between the two countries.

companyNews reuters.com

BRIEF-Icl To Sell Two Low Synergy Businesses For Approximately $1 Billion

* ICL TO SELL TWO LOW SYNERGY BUSINESSES FOR APPROXIMATELY $1 BILLION

companyNews reuters.com

Obamacare insurance options dwindle for neediest U.S. patients

WASHINGTON, Dec 7 (Reuters) - Josh Brookhart has four health insurers to choose from in Seattle's King County for 2018, more than many Americans like him who buy coverage on the Obamacare individual market.

businessNews reuters.com

Chevron sets 2018 capital budget at $18.3 billion

(Reuters) - Oil and gas major Chevron Corp announced an $18.3 billion capital and exploratory budget on Wednesday.

companyNews reuters.com

BRIEF-Baker Hughes, A GE Company Announces Pricing Of Offering Of $3.95 Billion Of Senior Notes

* BAKER HUGHES, A GE COMPANY ANNOUNCES PRICING OF OFFERING OF $3,950,000,000 OF SENIOR NOTES BY BAKER HUGHES, A GE COMPANY, LLC

companyNews reuters.com

BRIEF-FXCM Group Reports Customer Trading Volume Of $218 Billion In November

* FXCM GROUP SAYS CUSTOMER TRADING VOLUME OF $218 BILLION IN NOVEMBER 2017, 14% HIGHER THAN OCTOBER

cnn.com

LA Mayor Eric Garcetti: Dreamers need chance my grandfather had

Not long after her husband was killed in the Mexican Revolution, Guadalupe fled north with her 1-year-old baby son in her arms. More than a century ago, she crossed the border and arrived in America without immigration documents -- or much else.

businessNews reuters.com

Home Depot sets $15 billion share buyback, investment plan

(Reuters) - Home Depot Inc announced a $15 billion share buyback plan on Wednesday and said it would invest in improving its stores to hit a $120 billion annual sales target in the next three years.

cnn.com

Why the world needs a NATO for cyberwarfare

Despite the increasing number of digital assaults against private industry and governments in the past couple of years, we are still in a state of denial about the prospects of a global cyber showdown.

New York Times Neediest Cases Fund nytimes.com

The Neediest Cases Fund: A Single Mother Had Nowhere to Go. Now She Has ‘A Place of My Own.’

Since leaving her boyfriend’s house shortly after their daughter’s first birthday, Shirmira Wilson has earned a college degree and started pursuing another one.

companyNews reuters.com

UPDATE 3-UnitedHealth to buy DaVita primary care unit for $4.9 billion

Dec 6 (Reuters) - The largest U.S. health insurer UnitedHealth Group Inc will buy DaVita Inc's primary and urgent care services for $4.9 billion in its second acquisition this year to expand its fast-growing medical group, it said on Wednesday.

businessNews reuters.com

UnitedHealth to buy DaVita primary care unit for $4.9 billion

(Reuters) - U.S. health insurer UnitedHealth Group Inc on Wednesday announced a $4.9 billion deal to buy a unit of DaVita Inc, looking to bolster its primary and urgent care services.

businessNews reuters.com

T-Mobile board approves up to $1.5 billion buyback program

(Reuters) - U.S. wireless carrier T-Mobile US Inc said on Wednesday its board authorized a buyback program for up to $1.5 billion of the company's common stock.

businessNews reuters.com

UnitedHealth to buy DaVita's medical unit for $4.9 billion

(Reuters) - UnitedHealth Group Inc said on Wednesday it would buy kidney care services provider DaVita Inc's medical unit for about $4.9 billion cash, as the health insurer looks to expand operations in outpatient care services.

businessNews reuters.com

Home Depot sets new $15 billion buyback, long-term sales target

(Reuters) - Home Depot Inc , the largest U.S. home improvement chain, on Wednesday announced a new $15 billion share buyback plan and set a target to grow annual sales to between $114.7 billion and $119.8 billion for the year ending January 2021.

businessNews reuters.com

Home Depot announces $15 billion buyback program

(Reuters) - Home Depot Inc , the largest U.S. home improvement chain, on Wednesday announced a $15 billion share repurchase plan and set a target to grow annual sales to between $114.7 billion and $119.8 billion by the year ending January 2021.

businessNews reuters.com

Winter holiday travel forecast to give U.S. airlines needed boost

(Reuters) - The holiday travel period will be busier than last year for U.S. airlines, according to an industry trade group on Wednesday, as affordable fares and an improving economy make air travel more accessible.

companyNews reuters.com

BRIEF-Equinix Announces Pricing Of €1.0 Billion Senior Notes Offering

* EQUINIX ANNOUNCES PRICING OF €1.0 BILLION SENIOR NOTES OFFERING

Union, Gabrielle nytimes.com

We’re Going to Need More Gabrielle Union

“I think the floodgates have opened for white women,” the actress and rape survivor said of the #MeToo movement, which coincided with her new memoir.

businessNews reuters.com

Nestle to buy vitamin maker Atrium Innovations for $2.3 billion

LONDON (Reuters) - Nestle is paying $2.3 billion to buy Canadian vitamin maker Atrium Innovations, it said on Tuesday, expanding its presence in the consumer healthcare market as it seeks to offset weakness in its traditional packaged foods.

Coral nytimes.com

Trilobites: To See the Best Christmas Trees, You’ll Need Scuba Gear

Known as Christmas tree worms, these sea creatures’ bright fir-like cones can be spotted while diving around reefs in tropical waters.

businessNews reuters.com

U.S. tax bill adds to debt need as interest costs weigh

(Reuters) - A U.S. tax overhaul will increase the government's need to issue more Treasuries as interest costs on the country's debt become a larger drain on the budget.

businessNews reuters.com

Mastercard to repurchase up to $4 billion of its shares

(Reuters) - Payment processor Mastercard Inc said on Monday it would buy back up to $4 billion of its class A shares.

New York Times Neediest Cases Fund nytimes.com

The Neediest Cases Fund: At 76, Studying Social Work After Reaching for a Helping Hand

Selwyn Allen, a longtime carpenter, fell behind on his rent while fighting bladder cancer. Now he’s seeking to make a late-in-life career change.

companyNews reuters.com

BRIEF-AGF Reported Total Fee-Earning AUM Of $37.3 Billion As At Nov 30

* AGF MANAGEMENT LTD - REPORTED TOTAL FEE-EARNING ASSETS UNDER MANAGEMENT OF $37.3 BILLION AS AT NOVEMBER 30, 2017 Source text for Eikon: Further company coverage:

businessNews reuters.com

CVS, Aetna executives defend $69 billion deal to skeptical Wall Street

NEW YORK (Reuters) - CVS Health Corp and Aetna Inc top executives on Monday defended their planned merger to Wall Street analysts and investors who questioned the near-term impact on profits of the $69 billion deal to combine the pharmacy and drug benefit manager with the No. 3 U.S. health insurer.

businessNews reuters.com

CVS, Aetna executives defend $69 billion deal with eye on savings

NEW YORK (Reuters) - CVS Health Corp and Aetna Inc top executives on Monday defended their planned merger to Wall Street analysts who questioned the $69 billion deal, promising both near- and long-term savings for the combined company.

Elections, Senate nytimes.com

‘We Need Republican Roy Moore to Win in Alabama,’ Trump Says

President Trump said the embattled candidate’s votes on issues like crime, illegal immigration and the Second Amendment were vital in the Senate.

companyNews reuters.com

Dubai’s GEMS Education says it secured $1.25 billion loan

DUBAI, Dec 4 (Reuters) - GEMS Education, an international private education provider based in Dubai, has secured a $1.25 billion loan to refinance existing borrowings and to support future growth, it said on Monday.

healthNews reuters.com

Danish pharma company Alk Abello to invest 1 billion crowns in North America

(Reuters) - Danish pharma company Alk Abello said on Monday it would invest about 1 billion Danish crowns ($159.5 million) over the next three years to develop its North America business and said it expected earnings to be subdued during this period.

businessNews reuters.com

Exclusive: Exxon eyes Egypt's offshore oil and gas - sources

LONDON/VIENNA (Reuters) - Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals' success in the country and boost its reserves, officials and industry sources said.

businessNews reuters.com

CVS Health to acquire Aetna for $69 billion in year's largest acquisition

(Reuters) - U.S. drugstore chain operator CVS Health Corp said on Sunday it had agreed to acquire U.S. health insurer Aetna Inc for $69 billion, seeking to tackle soaring healthcare spending through lower-cost medical services in pharmacies.

topNews reuters.com

Former Egyptian premier Ahmed Shafik meets lawyer in Cairo

CAIRO (Reuters) - Former Egyptian premier Ahmed Shafik met with his lawyer at a Cairo hotel on Sunday, the lawyer said, after his family said it feared he had been "kidnapped" following his arrival from the UAE after announcing his intention to run for president of Egypt.

businessNews reuters.com

Aetna agrees to $69 billion sale to CVS Health: sources

(Reuters) - Aetna Inc's board of directors approved on Sunday the U.S. health insurer's sale to drugstore chain operator CVS Health Corp for approximately $207 per share in cash and stock, according to people familiar with the matter.

businessNews reuters.com

Aetna's board set to approve $68 billion sale to CVS Health: sources

(Reuters) - Aetna Inc's board of directors was meeting on Sunday to approve the U.S. health insurer's sale to U.S. drugstore chain operator CVS Health Corp for approximately $207 per share in cash and stock, according to people familiar with the matter.

technologyNews reuters.com

Apple's Tim Cook says developers have earned $17 billion from China App Store

WUZHEN, China (Reuters) - Apple Inc's chief executive Tim Cook said developers using its platform in China number 1.8 million and have earned a total 112 billion yuan ($16.93 billion), representing roughly a quarter of total global App Store earnings.

companyNews reuters.com

RPT-Sale of the century? $300-billion Saudi state sell-off moves slowly

* Healthcare, grains, postal, electricity suffer snags -sources

cnn.com

Canada could make billions from legal pot

Canada faces one last hurdle to becoming the first G7 nation to legalize recreational marijuana.

New York Times Neediest Cases Fund nytimes.com

The Neediest Cases Fund: Grief Throws a Young Point Guard Off Her Game

Makaylah Barber, 16, has faced homelessness and expulsion. After her mother died, her grades worsened, making her ineligible to play basketball this season.

politicsNews reuters.com

Senate Republicans trim tax bill to secure needed votes

WASHINGTON (Reuters) - Senate Republicans rallied around a U.S. tax overhaul bill on Friday, with Maine moderate Susan Collins announcing her support for it after obtaining agreements for several changes, giving the sweeping legislation sufficient votes to win passage.

cnn.com

OPinion: Women don't need a man-to-man between Jimmy Kimmel and Roy Moore

Let's get one thing straight, Jimmy Kimmel and Roy Moore: The last thing American women want or need is for you two to defend our honor in some kind of retrograde battle.

topNews reuters.com

Seoul says North Korea puts Washington in range, but needs to prove critical technology

SEOUL/MOSCOW (Reuters) - North Korea's latest missile test puts Washington within range, but Pyongyang still needs to prove it has mastered critical missile technology, such as re-entry, terminal stage guidance and warhead activation, South Korea said on Friday.

healthNews reuters.com

Italy needs to do more against olive tree disease: EU health chief

PARIS (Reuters) - The EU's top health official called on Italy to do more to contain a bacterium that has ravaged olive groves in part of the country and for which no treatment currently exists.

worldNews reuters.com

Egyptian billionaire denounces Saudi corruption crackdown

ROME (Reuters) - Egyptian billionaire businessman Naguib Sawiris condemned on Friday a crackdown on graft in Saudi Arabia, saying the purge had undermined the rule of law in the Kingdom and would deter investment.

companyNews reuters.com

REFILE-Sale of the century? $300-billion Saudi state sell-off moves slowly

* Healthcare, grains, postal, electricity suffer snags -sources

New York City nytimes.com

Big City: Paid Parental Leave, Except for Most Who Need It

New York City’s program applies to managers but omits a vast majority of workers, like teachers, police officers and park rangers, who are in unions.

businessNews reuters.com

Sale of the century? $300-billion Saudi state sell-off moves slowly

DUBAI/RIYADH (Reuters) - Saudi Arabia's $300-billion privatization program was billed as the sale of the century when Crown Prince Mohammed bin Salman unveiled his plan to great fanfare. Nineteen months later, it is moving at a snail's pace, bankers, investors and analysts familiar with the process say.

New York Times Neediest Cases Fund nytimes.com

The Neediest Cases Fund: After Fleeing Anti-Semitism in Russia, Finding Hope and a Home in the U.S.

“I am American,” said Anatoliy Krongauz, who came to the United States with his family after surviving the Holocaust and facing continued discrimination.

companyNews reuters.com

UPDATE 3-Axalta ends Nippon Paint talks after rejecting $9.1 billion bid

Nov 30 (Reuters) - Axalta Coating Systems has ended talks with Japan's Nippon Paint Holdings Co Ltd about a potential sale, the U.S. coating company said on Thursday, following the rejection of what sources said was a $9.1 billion all-cash bid.

PersonalFinance reuters.com

U.S.-based money market funds post $33 billion inflows, largest of 2017: Lipper

NEW YORK (Reuters) - Investors poured $33 billion into U.S.-based money market funds during the week ended Nov. 29, the largest inflows of 2017, Lipper data showed on Thursday, in a sign that...

companyNews reuters.com

UPDATE 2-Axalta ends Nippon Paint talks after rejecting $9.1 billion bid

Nov 30 (Reuters) - Axalta Coating Systems has ended talks with Japan's Nippon Paint Holdings Co Ltd about a potential sale, the U.S. coating company said on Thursday, following the rejection of what sources said was a $9.1 billion all-cash bid.

domesticNews reuters.com

U.S. Interior Dept. says federal energy, mineral revenues rose by $1 billion

WASHINGTON (Reuters) - Energy and mineral production on federal and tribal land generated $7.1 billion in disbursements in fiscal year 2017, $1 billion more than the previous year, the U.S. Interior Department said on Thursday.

companyNews reuters.com

UPDATE 1-Axalta ends Nippon Paint talks after rejecting $9.1 billion bid

Nov 30 (Reuters) - Axalta Coating Systems has ended talks with Japan's Nippon Paint Holdings Co Ltd about a potential sale, the U.S. coating company said on Thursday, following the rejection of what sources said was a $9.1 billion all-cash bid.

businessNews reuters.com

Enbridge shares climb after company announces $2.3 billion in asset sales

CALGARY, Alberta (Reuters) - Enbridge Inc shares jumped as much as 6.2 percent on Thursday after North America's largest energy infrastructure company announced plans to sell C$3 billion ($2.3 billion) of noncore assets to focus on its central business.

companyNews reuters.com

China pushing billions into Iranian economy as Western firms stall

ROME/ANKARA, Nov 30 (Reuters) - China is financing billions of dollars worth of Chinese-led projects in Iran, making deep inroads into the economy while European competitors struggle to find banks willing to fund their ambitions, Iranian government and industry officials said.

worldNews reuters.com

Ireland says it needs significantly more clarity from UK on Brexit border

DUBLIN (Reuters) - Ireland will need "significantly more clarity" from the British government on the future of the Northern Ireland border before it will allow Brexit talks to move onto the next phase, Foreign Minister Simon Coveney said on Thursday.

businessNews reuters.com

Aviva to generate extra $4 billion of cash, planning payback, some M&A

LONDON (Reuters) - Aviva expects to generate an extra 3 billion pounds ($4 billion) in cash over the next two years and will make acquisitions as well as giving money back to shareholders, it said on Thursday, sending its share price to three-month highs.

businessNews reuters.com

Aviva to generate extra $4 billion, give more back to shareholders

LONDON (Reuters) - Aviva said on Thursday it expects to generate an extra 3 billion pounds ($4.04 billion) in cash over the next two years and will give more of it back to shareholders, sending shares in the British insurer higher.

businessNews reuters.com

Aviva to spend $4 billion in excess cash in next two years

LONDON (Reuters) - British insurer Aviva expects to spend 3 billion pounds in excess cash over the next two years, the bulk of it in 2018, the insurer said on Thursday.

worldNews reuters.com

EU says needs concrete evidence from Turkey to deem Gulen network as terrorist

ANKARA (Reuters) - The European Union does not share Turkey's view that the network of U.S.-based Muslim cleric Fethullah Gulen is a terrorist organization and would need to see "substantive" evidence to change its stance, the EU's counter-terrorism coordinator said.

businessNews reuters.com

Softbank offers to buy more Flipkart shares at reduced $9 bln-$10 billion valuation: Mint

(Reuters) - Japan's Softbank Group Corp offered to buy an undisclosed number of shares in Indian e-commerce giant Flipkart at a reduced valuation in the range of $9 billion to $10 billion, the Mint daily reported on Thursday.

cnn.com

Opinion: CFPB, the agency I didn't know I needed

Late last May, I accepted a job offer in Minnesota, loaded my family in the van, and -- two months ahead of the actual move -- drove to the Twin Cities to start looking for a new place to live. But when it came time to get pre-approved for a loan, our best laid plans went awry.

companyNews reuters.com

BRIEF-Alibaba Group Announces Pricing Of Offering Of Us$7.0 Billion Of Senior Unsecured Notes

* ALIBABA GROUP ANNOUNCES PRICING OF OFFERING OF US$7.0 BILLION OF SENIOR UNSECURED NOTES

businessNews reuters.com

Soros persuades U.S. judge to allow $10 billion Guinea mine case arbitration

NEW YORK (Reuters) - A U.S. judge on Wednesday put on hold a $10 billion lawsuit against George Soros in which companies controlled by fellow billionaire Beny Steinmetz claimed his campaign of defamation cost them a lucrative iron ore deposit in Guinea.

PersonalFinance reuters.com

U.S. bond funds attract $6.16 billion in week ended Nov. 21: ICI

NEW YORK (Reuters) - U.S. fund investors pumped billions into bond funds for a 51st straight week, the Investment Company Institute (ICI) said on Wednesday, underscoring the seemingly insatiable...

businessNews reuters.com

Uber's third-quarter net loss widens to $1.46 billion: source

(Reuters) - Uber Technologies Inc's [UBER.UL] quarterly losses widened, a source familiar with the matter told Reuters on Tuesday, as the ride-hailing company wades through legal troubles and faces regulatory scrutiny across the globe.

worldNews reuters.com

Senior Saudi prince freed in $1 billion settlement agreement: official

DUBAI (Reuters) - Senior Saudi Prince Miteb bin Abdullah, once seen as a leading contender to the throne, was freed after reaching an "acceptable settlement agreement" with authorities paying more than $1 billion, a Saudi official said on Wednesday.

worldNews reuters.com

Saudi prince freed in $1 billion settlement agreement: official

DUBAI (Reuters) - Senior Saudi Prince Miteb bin Abdullah, once seen as a leading contender to the throne, was freed after reaching an "acceptable settlement agreement" with authorities paying more than $1 billion, a Saudi official said on Wednesday.

entertainmentNews reuters.com

Cineworld in talks to acquire Regal Entertainment for $3.6 billion

NEW YORK/LONDON (Reuters) - Cineworld Group Plc, a British operator of movie theaters, is in talks to acquire U.S. peer Regal Entertainment Group for approximately $3.6 billion in cash, Regal said on Tuesday.

companyNews reuters.com

BRIEF-Merck Announces $10 Billion Share Repurchase Authorization

* MERCK ANNOUNCES INCREASED QUARTERLY DIVIDEND AND $10 BILLION SHARE REPURCHASE AUTHORIZATION

businessNews reuters.com

Arby's owner Roark gobbles up Buffalo Wild Wings for $2.4 billion

(Reuters) - Arby's owner Roark Capital Group said on Tuesday it would buy Buffalo Wild Wings Inc for $2.4 billion, adding to its growing portfolio of U.S. restaurants after a bruising proxy fight over the direction of the chicken wing chain.

environmentNews reuters.com

Germany clears $1.19 billion in diesel pollution funds for cities

BERLIN (Reuters) - Germany's federal government on Tuesday released 1 billion euros ($1.19 billion) of promised funding to help municipalities tackle diesel pollution but environmentalists doubt the move will help avert bans of polluting vehicles.

Shopping and Retail nytimes.com

Economic Scene: Retail Jobs Don’t Need to Be Bad. Here’s Proof.

Other industrialized countries offer an example, providing better wages and conditions for retail workers while employers still profit.

healthNews reuters.com

Tens of thousands dying from $30 billion fake drugs trade, WHO says

LONDON (Reuters) - One in 10 drugs sold in developing countries is fake or substandard, leading to tens of thousands of deaths, many of them of African children given ineffective treatments for pneumonia and malaria, health officials said on Tuesday.

businessNews reuters.com

Arby's restaurant owner to buy Buffalo Wild Wings for $2.4 billion

(Reuters) - Arby's restaurant owner Roark Capital Group will buy Buffalo Wild Wings Inc for $2.4 billion, months after an activist investor won seats on the chicken wing restaurant's board following a proxy fight demanding management change.

businessNews reuters.com

Arby's owner Roark to buy Buffalo Wild Wings for $2.4 billion

(Reuters) - Arby's restaurant owner Roark Capital Group will buy Buffalo Wild Wings Inc for $2.4 billion, months after an activist investor won seats on the restaurant's board following a bitter proxy fight.

domesticNews reuters.com

Billionaire Insys founder can remove ankle monitor: judge

BOSTON (Reuters) - The billionaire founder of Insys Therapeutics Inc, charged with engaging in a scheme to bribe doctors to prescribe an opioid, won the lifting of a requirement that he wear a GPS-enabled ankle monitor on Monday, which he said interfered with jogging.

companyNews reuters.com

Billionaire Insys founder can remove ankle monitor -judge

BOSTON, Nov 27 (Reuters) - The billionaire founder of Insys Therapeutics Inc, charged with engaging in a scheme to bribe doctors to prescribe an opioid, won the lifting of a requirement that he wear a GPS-enabled ankle monitor on Monday, which he said interfered with jogging.

cnn.com

CBO: Senate GOP tax bill would cost the poor billions

companyNews reuters.com

BRIEF-Terraform Power Announces Proposed $1 Billion Offering Of Senior Notes

* TERRAFORM POWER ANNOUNCES PROPOSED AGGREGATE $1 BILLION OFFERING OF SENIOR NOTES

worldNews reuters.com

Turkish PM says EU confused since Brexit, needs to revisit Turkey's future place

LONDON (Reuters) - The European Union is "entirely confused" since Britain voted to leave the bloc and it needs to revisit its vision for enlargement and Turkey's place in that, Turkish Prime Minister Binali Yildirim said on Monday.

New York Times Neediest Cases Fund nytimes.com

The Neediest Cases Fund: Sister’s ‘Dark Time’ Inspires Couple to Serve Those With Disabilities

Anita and Burt Swerdin volunteer with A Time for Us, a program that organizes events at the Samuel Field Y in Queens for adults with developmental disabilities.

technologyNews reuters.com

Germany may need constitutional change to allow it to strike back at hackers

BERLIN (Reuters) - Germany may need to change its constitution to allow it to strike back at hackers who target private computer networks and it hopes to complete any legal reforms next year, a top Interior Ministry official said on Monday.

worldNews reuters.com

Europe, global environment mean Germany needs stable government, Merkel says

BERLIN (Reuters) - Germany needs a stable government as soon as possible in order to respond to proposals for reforming the European Union and to deal with an uncertain global environment, Chancellor Angela Merkel told a news conference on Monday.

healthNews reuters.com

Teva Pharm says bold, global action needed to steady company

JERUSALEM (Reuters) - Teva Pharmaceutical Industries needs to take "deep, meaningful steps around the world" to secure its future, it said in a letter to the Israeli parliament on Monday, after media reports the company is set to cut thousands of jobs.

companyNews reuters.com

UPDATE 1-Teva Pharm says bold, global action needed to steady company

JERUSALEM, Nov 27 (Reuters) - Teva Pharmaceutical Industries needs to take "deep, meaningful steps around the world" to secure its future, it said in a letter to the Israeli parliament on Monday, after media reports the company is set to cut thousands of jobs.

cnn.com

What you need to know about Bitcoin

CNN Money's Zain Asher explains how Bitcoin works and if it's the currency of our future.

cnn.com

Time Inc. sold for $2.8 billion

Time magazine is about to have new owners -- including the billionaire Koch brothers.

New York Times Neediest Cases Fund nytimes.com

The Neediest Cases Fund: Living on Scraps, Boy Who Fled Boko Haram Yearns to Heal the Poor

Usman Lawan, 13, dreams of becoming a doctor while contending with his own hunger and irregular access to water amid Nigeria’s eight-year war against the terrorist group.

environmentNews reuters.com

Nepal state firm to build $2.5 billion power project after China deal scrapped

KATHMANDU (Reuters) - A state-owned Nepali power company will develop the Himalayan country's biggest hydroelectric plant after the government scrapped a deal with a Chinese company, a government official said on Sunday.

New York Times Neediest Cases Fund nytimes.com

The Neediest Cases Fund: An Aspiring Performer Steps Back From the Edge

G’Mario Charleston left behind Mississippi to chase his dream of becoming a performer. Despite the troubles he faced in his first year in New York, he is not giving up on the city.

cnn.com

What you need to know abou the CFPB

Richard Cordray has stepped down as the head of the Consumer Financial Protection Bureau. Here's what you need to know about the controversial agency.

companyNews reuters.com

UPDATE 1-U.S.-based stock ETFs attract $9.4 bln of inflows in latest week -Lipper

(Adds analyst quote on ETF vs active mutual fund flows, byline) By Jennifer Ablan NEW YORK, Nov 24 (Reuters) - Investors poured $9.4 billion into U.S.-based stock exchange-traded funds (ETFs) in the week ended Wednesday, the group's eighth consecutive week of inflows, against a backdrop of record closing highs on major markets, Lipper data showed on Friday. Retail investors, however, yanked money out of U.S.-based stock mutual funds, pulling $3.5 billion during the same period, cont

companyNews reuters.com

U.S.-based stock ETFs attract $9.4 bln of inflows in latest week -Lipper

NEW YORK, Nov 24 (Reuters) - Investors poured $9.4 billion into U.S.-based stock ETFs in the week ended Wednesday, the group's eighth consecutive week of inflows, against the backdrop of record closing highs on major markets, Lipper data showed on Friday.

topNews reuters.com

Militants kill more than 230 at Sinai mosque in Egypt's deadliest attack

CAIRO (Reuters) - Militants killed more than 230 people at a mosque in North Sinai on Friday, detonating a bomb and gunning down worshippers in the deadliest such attack in Egypt's modern history, state media and witnesses said.

cnn.com

Jeff Bezos is worth $100 billion, with a 'B'

If you're one of the millions shopping on Amazon on Black Friday, congratulations: You helped make Jeff Bezos a $100 billion man.

topNews reuters.com

Militants kill more than 230 at mosque in Egypt's North Sinai

CAIRO (Reuters) - Militants killed more than 230 people at a mosque in Egypt's North Sinai on Friday, detonating a bomb and gunning down worshippers in the deadliest attack in the country's modern history, state media and witnesses said.

companyNews reuters.com

UPDATE 7-China kindergarten sex abuse and "needlemarks" claims prompt police probe

* Reports of sexual molestation, needlemarks and pills -Xinhua

topNews reuters.com

Militants kill 184 in attack on mosque in Egypt's north Sinai: state media

CAIRO (Reuters) - Militants killed 184 people at a mosque in Egypt's north Sinai region on Friday, detonating a bomb and shooting at fleeing worshippers and ambulances, state media and witnesses said.

companyNews reuters.com

UPDATE 6-China kindergarten sex abuse and "needlemarks" claims prompt police probe

* Reports of sexual molestation, needlemarks and pills -Xinhua

topNews reuters.com

At least 85 people killed in attack on mosque in Egypt's north Sinai: state news agency

CAIRO (Reuters) - At least 85 people were killed and 80 more wounded when suspected militants targeted a mosque in Egypt's north Sinai with a bomb and gunfire, MENA state news agency said on Friday, citing an official source.

companyNews reuters.com

UPDATE 5-China kindergarten sex abuse and "needlemarks" claims prompt police probe

* Reports of sexual molestation, needlemarks and pills -Xinhua

topNews reuters.com

China kindergarten sex abuse and 'needlemarks' claims prompt police probe

BEIJING/SHANGHAI (Reuters) - Chinese police are investigating claims of sexual molestation and needlemarks on children at a Beijing kindergarten, the latest case in a booming childcare industry to spark outrage among parents.

companyNews reuters.com

UPDATE 4-China kindergarten sex abuse and "needlemarks" claims prompt police probe

* Reports of sexual molestation, needlemarks and pills -Xinhua

worldNews reuters.com

Ireland does not need election amid crucial Brexit talks: Coveney

BRUSSELS (Reuters) - Ireland does not need an election now that talks on the terms of Britain's exit from the European Union are entering a crucial phase on how to avoid a physical border between Ireland and Northern Ireland, Irish Foreign Minister Simon Coveney said on Friday.

topNews reuters.com

Rights groups say outside monitors needed for Rohingya return to Myanmar

YANGON (Reuters) - Human rights groups called on Friday for international agencies to be allowed to monitor the planned repatriation of hundreds of thousands Rohingya Muslim from Bangladesh to the homes they fled in Myanmar during the past three months.

sportsNews reuters.com

Sydney to splurge A$2 billion on stadium rebuilds

SYDNEY (Reuters) - Sydney's two main rectangular stadiums, the Olympic Stadium and Sydney Football Stadium, are to be demolished and rebuilt at a cost of around A$2 billion ($1.53 billion), the New South Wales government announced on Friday.

China nytimes.com

China Busts a $3 Billion Underground Bank as It Tightens Its Grip on Money

The police detained seven people thought to have helped thousands of Chinese circumvent government limits on how much money they can move from the country.

companyNews reuters.com

UPDATE 1-Zimbabwe bourse loses $6 billion, index falls 40 percent after military takeover

HARARE, Nov 23 (Reuters) - Zimbabwe's stock market has shed $6 billion while its main index has slumped 40 percent since last Wednesday when the military seized power leading to the fall of Robert Mugabe, stock exchange data showed on Thursday.

companyNews reuters.com

Zimbabwe bourse loses $6 billion, index falls 40 percent after military takeover

HARARE, Nov 23 (Reuters) - Zimbabwe's stock market has shed $6 billion while its main index has slumped 40 percent since last Wednesday when the military seized power leading to the fall of Robert Mugabe, data from the local exchange showed on Thursday.

New York Times Neediest Cases Fund nytimes.com

The Neediest Cases Fund: From Afar, He Confessed His Love. Via an App, He Attended His Wedding.

When his dream of moving to New York came true, he realized he was leaving his dream woman behind in Sudan. The couple talk regularly, but “even four times a day is not enough.”

PersonalFinance reuters.com

Sovereign funds pull $3.7 billion from global stock, bond markets in third quarter

LONDON (Reuters) - Sovereign wealth funds (SWFs) withdrew more money from global stock and bond markets in the third quarter of 2017, albeit at a slower pace with net outflows of $3.7 billion, data...

businessNews reuters.com

China's Okay Airways orders five Boeing 787-9 Dreamliners for $1.4 billion

BEIJING (Reuters) - Boeing and Okay Airways, China's first privately owned airline, have finalised an order for five 787-9 Dreamliners for $1.4 billion, Boeing said on Thursday.

worldNews reuters.com

Chinese police detain seven in multi-billion underground currency scheme

SHANGHAI (Reuters) - Police in southern China have detained seven people in connection with an underground banking scheme involving more than 20 billion yuan ($3 billion), the state news agency Xinhua reported.

businessNews reuters.com

Saudi Arabia agrees to buy $7 billion in precision munitions from U.S. firms: sources

(Reuters) - Saudi Arabia has agreed to buy about $7 billion worth of precision guided munitions from U.S. defense contractors, sources familiar with the matter said, a deal that some lawmakers may object to over American weapons having contributed to civilian deaths in the Saudi campaign in Yemen.

businessNews reuters.com

Rockwell Automation rebuffs Emerson's latest $29 billion bid

(Reuters) - Rockwell Automation Inc rejected Emerson Electric Co's sweetened $29 billion takeover offer on Wednesday, in its strongest rebuttal to date of the proposed combination of two of the world's largest factory equipment makers.

companyNews reuters.com

UPDATE 2-Rockwell Automation rebuffs Emerson's latest $29 billion bid

Nov 22 (Reuters) - Rockwell Automation Inc rejected Emerson Electric Co's sweetened $29 billion takeover offer on Wednesday, in its strongest rebuttal to date of the proposed combination of two of the world's largest factory equipment makers.

businessNews reuters.com

UK's 15 billion pound RBS sale to boost government coffers

LONDON (Reuters) - Britain will reprivatise bailed-out lender Royal Bank of Scotland by selling 15 billion pounds ($20 billion) of shares, according to budget documents released on Wednesday, in a boost to finance minister Philip Hammond's coffers.

businessNews reuters.com

Britain to sell 15 billion pounds of RBS shares over five years

LONDON (Reuters) - Britain's government will begin the reprivatisation of bailed-out lender Royal Bank of Scotland by selling 3 billion pounds ($3.98 billion) worth of shares before the end of the 2018-19 fiscal year, according to an official report released on Wednesday.

worldNews reuters.com

Russia's Putin says 'new stage' reached in Syria, concessions needed

SOCHI, Russia (Reuters) - Russian President Vladimir Putin said on Wednesday a "new stage" had been reached in the Syria crisis but achieving a political solution would require compromises from all sides, including the Syrian government.

worldNews reuters.com

Kremlin vows to stand up for Russian billionaire arrested in France

MOSCOW (Reuters) - The Kremlin said on Wednesday it will spare no effort to defend the rights of Suleiman Kerimov, a Russian businessman and lawmaker who was arrested in the French Riviera resort of Nice in connection with a French tax evasion case.

Immigration and Emigration nytimes.com

Op-Ed Columnist: Angela Merkel’s Failure May Be Just What Europe Needs

The chancellor’s inability to form a coalition government could push continental elites to become more accountable to the public.

cnn.com

Siding with Roy Moore is another case of the President using his own version of the truth for his political needs

When reality boxes in President Donald Trump, he simply chooses his own alternative, convenient truth.

New York Times Neediest Cases Fund nytimes.com

The Neediest Cases Fund: Bumped From Home to Home, Then ‘Pushed’ Into College

Mariama Toe became “a master of packing my stuff” in her youth, which included a stint in foster care. But the support of a mother figure has emboldened her to go to college.

healthNews reuters.com

Opioid crisis cost U.S. economy $504 billion in 2015: White House

WASHINGTON (Reuters) - Opioid drug abuse, which has ravaged parts of the United States in recent years, cost the economy as much as $504 billion in 2015, White House economists said in a report made public on Sunday.

worldNews reuters.com

France's Macron tells Iran, Israel leaders of need to preserve Lebanon's stability

PARIS (Reuters) - French President Emmanuel Macron told the leaders of Iran and Israel in separate telephone calls that it was vital to keep Lebanon disassociated from regional crisis and urged all countries in the region to work collectively to reduce tensions.

worldNews reuters.com

Lebanon's Hariri holds talks with Egypt President Sisi in Cairo

CAIRO (Reuters) - Lebanon's Saad al-Hariri, who announced his resignation as prime minister on Nov. 4, has arrived in Cairo for talks with Egyptian President Abdel Fattah al-Sisi, Egyptian state news agency MENA and Hariri's press office said on Tuesday.

domesticNews reuters.com

U.S. appeals court revives claims in $1.7 billion Iran terrorism lawsuit

NEW YORK (Reuters) - A federal appeals court in New York on Tuesday revived part of a $1.68 billion lawsuit against Iran's central bank, Bank Markazi, by families of soldiers killed in the 1983 bombing of the U.S. Marine Corps barracks in Lebanon.

cnn.com

This photo tells you all you need to know about Syria

Vladimir Putin and Bashar al-Assad, the Black Sea and a balcony corner of the Bocharov Ruchey State residence in Sochi, a favorite of the Kremlin head. You can also see one of Putin's many luxury watches peeking out from under his shirt, this one perhaps a Blancpain $10,000 piece, one that is often spotted on his wrist, according to activists.

companyNews reuters.com

UPDATE 1-South Africa eyes BRICS partners to build new $10 billion refinery

CAPE TOWN, Nov 21 (Reuters) - South Africa wants the national oil companies of its BRICS partners to help build a new 400,000 barrel per day refinery that will be structured by senior debt and equity, energy minister David Mahlobo said on Tuesday.

companyNews reuters.com

South Africa eyes BRICS partners to build new $10 billion refinery

CAPE TOWN, Nov 21 (Reuters) - South Africa is looking to the national oil companies of its BRICS partners to help build a new 400,000 barrel per day refinery that will be structured by senior debt and equity, energy minister David Mahlobo told parliament on Tuesday.

businessNews reuters.com

BHP, Vale get extension to settle $48 billion Samarco claim

(Reuters) - BHP Billiton Ltd and Vale SA have secured a 150-day extension from a Brazilian court to negotiate a settlement of a $48 billion claim stemming from the Samarco mine disaster in 2015, BHP said on Tuesday.

healthNews reuters.com

Substituting methadone for opioids could save billions

(Reuters Health) - Policymakers and insurers have been pushing people addicted to opioids into abstinence-based detox programs, but a new study concludes that methadone and similar drug-maintenance treatments save lives and money.

Video Recordings, Downloads and Streaming nytimes.com

Critic’s Notebook: A Night at the Theater From Your Couch? No Apologies Needed.

Streaming services have more stage offerings than ever — from great actors in early roles to recent Broadway musicals, captured live. Plus “Hamlet” in Lithuanian.

worldNews reuters.com

Like Zimbabwe, South Africa needs leadership change: ANC official

JOHANNESBURG (Reuters) - South Africa's ruling African National Congress (ANC) should get President Jacob Zuma to stand down as head of state after a party conference next month because like Zimbabwe the country urgently needs a change of leader, a senior ANC official said.

businessNews reuters.com

Marvell Technology to buy rival chipmaker Cavium for $6 billion

(Reuters) - Chipmaker Marvell Technology Group Ltd said on Monday it would buy smaller rival Cavium Inc for about $6 billion, as it seeks to expand its wireless connectivity business in a rapidly consolidating semiconductor industry.

healthNews reuters.com

Roche stock up $12 billion on cancer, hemophilia trials; rivals hit

ZURICH (Reuters) - Roche shares were lifted on Monday by two trial wins for its new cancer and hemophilia drugs, potential blockbusters that the Swiss drugmaker is counting on to offset shrinking revenue from older medicines.

New York Times Neediest Cases Fund nytimes.com

The Neediest Cases Fund: Even Her Shopping Trips Require a Chaperone, So She Makes Them Last

Alice Brunn, 79, lost her vision in her 60s and can’t leave home unattended. When her son takes her out, she plans several stops along the way.

cnn.com

Conway on Moore: We need him for tax reform

Despite multiple allegations of sexual assault against Alabama Senate candidate Roy Moore, White House counselor Kellyanne Conway told Fox News that if elected, he would help pass tax reform legislation.

businessNews reuters.com

Marvell Technology to buy smaller rival Cavium for $6 billion

(Reuters) - Chipmaker Marvell Technology Group Ltd said it would buy smaller rival Cavium Inc in a $6 billion deal, as it seeks to expand its wireless connectivity business in a fast consolidating semiconductor industry.

healthNews reuters.com

Roche gets $12 billion stock boost from positive cancer, hemophilia results

ZURICH (Reuters) - Roche shares were lifted on Monday by two trial wins for its new cancer and hemophilia drugs, potential blockbusters that the Swiss drugmaker is counting on to offset shrinking revenue from older medicines.

businessNews reuters.com

Marvell Technology to buy Cavium for $6 billion

(Reuters) - Chipmaker Marvell Technology Group Ltd said on Monday it would buy smaller rival Cavium Inc in a deal valued at about $6 billion, as it seeks to gain scale in a semiconductor industry that is rapidly consolidating.

technologyNews reuters.com

Toshiba gains breathing room with $5.4 billion share issue to overseas investors

TOKYO/HONG KONG (Reuters) - Toshiba Corp's planned $5.4 billion new share issue to overseas investors is set to provide it with most of the funds it needs to avoid a delisting - a quickly arranged deal that underscores both the weakness of its finances and the allure of its chips unit.

technologyNews reuters.com

Toshiba $5 billion stock issue results in huge dilution but delisting risk removed

TOKYO (Reuters) - Toshiba Corp's plan to raise some $5.4 billion through a sale of new shares will help it avoid a delisting, but will also see more 30 overseas investors, including activist funds, own 35 percent of the embattled conglomerate.

businessNews reuters.com

Alibaba goes offline with $2.9 billion stake in China's top grocer

BEIJING (Reuters) - Internet giant Alibaba Group Holding Ltd said on Monday it would invest HK$22.4 billion ($2.87 billion) for a major stake in China's top hypermart operator, Sun Art Retail Group Ltd , part of a wider push into offline retail.

businessNews reuters.com

Alibaba to buy 36.2 percent Sun Art for $2.9 billion

HONG KONG (Reuters) - Internet giant Alibaba Group Holding Ltd said on Monday it would buy an aggregate direct and indirect stake of 36.16 percent in China's top hypermarket operator, Sun Art Retail Group Ltd , for a total HK$22.4 billion ($2.9 billion).

technologyNews reuters.com

Marvell Technology clinches roughly $6 billion deal to buy Cavium: sources

(Reuters) - Chipmaker Marvell Technology Group Ltd has agreed to acquire smaller peer Cavium Inc for around $6 billion, as it seeks to expand in the networking equipment sector, people familiar with the matter said on Sunday.

technologyNews reuters.com

Toshiba shares drop after plan to issue $5.4 billion in new shares

TOKYO (Reuters) - Shares of Toshiba Corp fell nearly 5 percent early on Monday, a day after the troubled conglomerate said it would raise 600 billion yen ($5.4 billion) from a sale of new shares in a key step that would allow it to stay publicly traded.

cnn.com

Robert Mugabe: What you need to know

Robert Mugabe, the president of Zimbabwe and one of Africa's longest serving leaders, is in the throes of a political battle to remain in power. CNN looks at what you need to know about him.

worldNews reuters.com

Saudi Arabia, Arab allies in Cairo talks on Iran, Hezbollah

CAIRO (Reuters) - Saudi Arabia and other Arab foreign ministers will hold an emergency meeting in Cairo on Sunday to discuss confronting Iran and its Lebanese Shi'ite ally Hezbollah, who the Arab allies say are interfering in their internal affairs.

worldNews reuters.com

Saudi Arabia, Arab allies to hold Cairo talks on Iran, Hezbollah

CAIRO (Reuters) - Saudi Arabia and other Arab foreign ministers will hold an emergency meeting in Cairo on Sunday to discuss confronting Iran and its Lebanese Shi'ite ally Hezbollah, who the Arab allies say are interfering in their internal affairs.

cnn.com

The policy that the US porn industry has and Facebook needs

Trump, Donald J nytimes.com

Editorial Notebook: Dear Nobel Winners, Mr. Trump Has All the Brains He Needs

The president won’t meet this year’s American laureates, no surprise for “a very intelligent person” with no need for science.

New York Times Neediest Cases Fund nytimes.com

The Neediest Cases Fund: He Fled Myanmar on a Deathtrap. Now He’s the ‘Luckiest Man Alive.’

Mohamed Rafiq, a Rohingya Muslim, nearly died trying to flee aboard a ferryboat in search of work. Eight years later, he resettled in Dallas and reunited with his family.

businessNews reuters.com

Volkswagen to invest $27 billion in core brand until 2022

FRANKFURT (Reuters) - Volkswagen will invest 22.8 billion euros ($26.9 billion) in its main car brand over the next five years, it said on Saturday, a day after it announced a spending program aimed at bolstering its position as a maker of electric cars.

Hockey, Ice nytimes.com

The N.H.L. Needed 100 Portraits. So Tony Harris Got to Work.

For its 100th anniversary, the N.H.L. commissioned an Ottawa artist to paint all of the players voted as the top 100 in the league’s history.

environmentNews reuters.com

White House seeks $44 billion hurricane aid, far short of requests

WASHINGTON (Reuters) - The White House on Friday said it had asked Congress for $44 billion in supplemental disaster assistance to help those hurt by recent hurricanes that hit Puerto Rico, Texas, Florida and the U.S. Virgin Islands, far short of the aid some officials have called for.

cnn.com

Tesla's $200,000 Roadster will need more than speed

United States Politics and Government nytimes.com

White House Requests $44 Billion in Additional Disaster Relief

The Trump administration said lawmakers should make spending cuts to offset the disaster spending, a request that a top Democrat immediately denounced.

environmentNews reuters.com

White House seeks $44 billion in hurricane aid from U.S. Congress

WASHINGTON (Reuters) - The White House on Friday said it had asked Congress for $44 billion in supplemental disaster assistance to help those affected by the recent hurricanes that hit Puerto Rico, Texas, Florida and the U.S. Virgin Islands.

businessNews reuters.com

Volkswagen accelerates push into electric cars with $40 billion spending plan

WOLFSBURG/HAMBURG (Reuters) - Volkswagen approved a 34 billion euro ($40 bln) spending plan on Friday that accelerates its efforts to become a global leader in electric cars.

companyNews reuters.com

BRIEF-TransCanada says needs U.S. approval to restart shut Keystone pipeline

* Says needs approval from U.S. authorities to restart Keystone pipeline shut after spill in Amherst, South Dakota Source text for Eikon: Further company coverage: (Reporting by Ethan Lou)

environmentNews reuters.com

White House seeks another $44 billion in hurricane aid

WASHINGTON (Reuters) - The White House said on Friday it had it asked Congress for $44 billion in supplemental disaster assistance to help those affected by recent hurricanes that hit Puerto Rico, Texas, Florida and the Virgin Islands.

companyNews reuters.com

BRIEF-Apple says need a little more time before HomePod is ready for customers

* Apple says need a little more time before HomePod is ready for co's customers

technologyNews reuters.com

Exclusive: Toshiba set to OK $5 billion injection Monday to stay listed-sources

TOKYO (Reuters) - Toshiba Corp will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said.