News Trends, News Analysis, News Archive.



Related Articles

topNews reuters.com

U.S. judge orders accused New York bomber detained ahead of trial

NEW YORK (Reuters) - The Bangladeshi man accused of attempting a suicide bombing in a busy New York City commuter hub will remain in federal custody while he awaits trial on charges that include supporting a foreign terrorist organization, a judge ruled on Wednesday.

companyNews reuters.com

BRIEF-Altice USA, Charter, Comcast Reach Agreement To Form New Interconnect In New York DMA

* ALTICE USA, CHARTER AND COMCAST REACH AGREEMENT TO FORM NEW INTERCONNECT IN THE NEW YORK DMA

PersonalFinance reuters.com

Activist investor Primestone urges Tennant to merge with Nilfisk

COPENHAGEN/LONDON (Reuters) - Activist hedge fund Primestone Capital on Wednesday urged U.S. cleaning equipment company Tennant and Danish peer Nilfisk to consider merging after building up minority...

companyNews reuters.com

U.S. stock funds attract most cash in 7 weeks -ICI

NEW YORK, Dec 13 (Reuters) - U.S. fund investors dashed into domestic stocks, pouring the most cash in seven weeks into the market, according to Investment Company Institute (ICI) data on Wednesday. The funds collected $6 billion in the seven days through Dec. 6, according to the trade group, as the market is poised to close 2017 with another strong year of gains under its belt. "We're in literally the longest amount of days since a 5 percent drawdown in 25 years," said Gary Droz, ma

PersonalFinance reuters.com

DoubleLine's Gundlach says investors should add commodities in portfolios: CNBC

NEW YORK (Reuters) - DoubleLine CEO Jeffrey Gundlach said on Wednesday that his best investment idea for the new year is commodities, against the backdrop of increasing global economic activity and...

politicsNews reuters.com

U.S. House to stop using public funds for harassment settlements: speaker

WASHINGTON (Reuters) - The top Republican in the U.S. House of Representatives said on Wednesday that Congress was working on a package of reforms that would prohibit using taxpayer money for settlements in sexual harassment claims lodged against lawmakers' offices.

PersonalFinance reuters.com

Grad students plead for mercy from U.S. tax overhaul

CHICAGO (Reuters) - Graduate student Mollie Marr is worried that the U.S. tax overhaul working its way through Congress will force her and many other fellow students to give up on their educations.

politicsNews reuters.com

Congress to stop using public funds for harassment settlements: U.S. speaker

WASHINGTON (Reuters) - U.S. House Republican Speaker Paul Ryan said on Wednesday that Congress would stop using taxpayer money for settlements in sexual harassment claims lodged against lawmakers' offices.

companyNews reuters.com

BRIEF-Renesola Secures Financing From Sequoia Economic Infrastructure Income Fund For Poland Projects

* RENESOLA SECURES PROJECT FINANCING FROM SEQUOIA ECONOMIC INFRASTRUCTURE INCOME FUND FOR 55MW OF PROJECTS IN POLAND

technologyNews reuters.com

Deutsche Telekom, EWE to invest 2 billion euros in German fiber buildout

BERLIN (Reuters) - Deutsche Telekom is partnering with EWE AG [LANDWE.UL] to invest 2 billion euros ($2.4 billion) in building out a superfast glass-fiber broadband network in northwestern Germany, the companies said on Wednesday.

businessNews reuters.com

Westfield $16 billion Unibail-Rodamco sale rings the bell on retail's next chapter

SYDNEY/MELBOURNE (Reuters) - For investors in Australia's Westfield Corp , its $16 billion sale to European property giant Unibail-Rodamco may mark a turning point for a mall industry under pressure to reinvent itself amid fierce online competition.

New York City nytimes.com

New York Today: New York Today: Can the City Prevent Terror Attacks?

Wednesday: Foiling lone-wolf attacks, free admission at the National Museum of Mathematics, and are New Yorkers too jaded?

topNews reuters.com

U.S. prepares to open doors on billion-dollar London embassy

LONDON (Reuters) - The United States' diplomatic team in London, custodians of one of the most significant bilateral relationships of the last 100 years, will next month move into a new home: a billion-dollar, 12-storey glass cube overlooking the River Thames.

companyNews reuters.com

PRESS DIGEST-New York Times business news - Dec 13

Dec 13 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

companyNews reuters.com

BRIEF-94Th Common Stock Monthly Dividend Increase Declared By Realty Income

* 94TH COMMON STOCK MONTHLY DIVIDEND INCREASE DECLARED BY REALTY INCOME

Metropolitan Transportation Authority nytimes.com

Inside the New York Subway Tunnel Bombed By a Terror Suspect

One day after a would-be suicide attacker set off a bomb in a New York City subway tunnel, locals were already back to using it. Here's a look inside.

PersonalFinance reuters.com

Public pension funded ratio up in third quarter 2017: report

NEW YORK (Reuters) - The funded status of 100 of the largest U.S. public pension plans grew by $36 billion in third quarter of 2017, boosted by strong equity returns, according to a report released...

companyNews reuters.com

BRIEF-New York REIT, New York Recovery Operating Partnership Entered Into Amendment To Loan Agreement

* NEW YORK REIT SAYS ON DEC 6, CO & NEW YORK RECOVERY OPERATING PARTNERSHIP ENTERED INTO AMENDMENT TO LOAN AGREEMENT DATED DEC 20, 2016 - SEC FILING

technologyNews reuters.com

UK city of York refuses to renew Uber's license in new regulatory setback

(Reuters) - The English city of York refused to renew Uber's [UBER.UL] license to operate there on Tuesday, the city council said, the latest regulatory setback suffered by the ride-hailing app.

PersonalFinance reuters.com

Desjardins, credit union centrals, Cumis to form Aviso Wealth

(Reuters) - Canadian asset manager Desjardins Group is partnering with five credit union centrals and insurer Cumis Group to form a wealth management firm with about C$55 billion ($42.74 billion) in...

technologyNews reuters.com

UK city York refuses to renew Uber's licence

(Reuters) - The English city of York rejected Uber's licence renewal on Tuesday, citing concerns about the ride-hailing app's data breach and the number of complaints received, a city council spokesperson said.

companyNews reuters.com

BRIEF-UK's City Of York refuses renewal of Uber's licence

* APPLICATION BY UBER TO RENEW ITS PRIVATE HIRE OPERATOR’S LICENCE IN YORK HAS BEEN CONSIDERED BY CITY OF YORK COUNCIL’S GAMBLING, LICENSING AND REGULATORY COMMITTEE- CITY OF YORK COUNCIL SPOKESPERSON

nytimes.com

Asia and Australia Edition: Roy Moore, New York City, Jerusalem: Your Wednesday Briefing

Here’s what you need to know to start your day.

environmentNews reuters.com

Norway's PM says happy with sovereign fund's coal exclusion rules

PARIS (Reuters) - Norway's Prime Minister Erna Solberg on Tuesday said she had no immediate plans to toughen a rule that means a firm generating about a third or more of its income from coal is excluded from the country's $1 trillion sovereign wealth fund.

politicsNews reuters.com

Trump signs defense policy bill, urges U.S. Congress to fund it

WASHINGTON (Reuters) - President Donald Trump signed the annual defense policy bill on Tuesday and urged Congress to fully fund the measure and lift the budget caps that have forced limits on U.S. defense spending for several years.

businessNews reuters.com

Europe's Unibail bids $16 billion for Westfield to counter online threat

SYDNEY/MELBOURNE/PARIS (Reuters) - Europe's biggest property firm Unibail-Rodamco is to buy U.S. and UK mall operator Westfield Corp for $16 billion, a defensive move to create a global leader in a sector grappling with the online shopping challenge led by Amazon .

companyNews reuters.com

New York comptroller to withdraw Exxon shareholder climate proposal

BOSTON, Dec 12 (Reuters) - New York State Comptroller Thomas DiNapoli plans to withdraw a shareholder proposal it had filed for Exxon Mobil Corp annual meeting next year, his office said in a press release on Tuesday.

New York Times Neediest Cases Fund nytimes.com

The Neediest Cases Fund: Carrying a Load of Debt and Pain, and Determined to Get Stronger

Kristian Hidalgo, 24, aims to push through the pain, aches and fatigue of his illnesses while paying off his student debt.

Terrorism nytimes.com

Suspect in New York Subway Bombing Is Charged With Terrorism

The suspect, Akayed Ullah, is accused of detonating a bomb in a Midtown Manhattan subway walkway. Mr. Ullah was the only one seriously injured in the blast.

companyNews reuters.com

BRIEF-Shieldx Networks Secures $25 Mln In Series B Funding

* SHIELDX NETWORKS - CLOSED $25M SERIES B ROUND OF FUNDING WITH NEW INVESTORS INCLUDING ASHAR AZIZ, DIMENSION DATA AND SYMANTEC VENTURES Source text for Eikon: Further company coverage:

topNews reuters.com

New York charges Times Square bomb suspect; Bangladesh questions wife

DHAKA/NEW YORK (Reuters) - New York officials on Tuesday said they charged a Bangladeshi man with terrorism, accusing him of setting off a pipe bomb a day earlier in a crowded Manhattan commuter hub, as investigators in his home country questioned his wife.

businessNews reuters.com

European property giant makes $16 billion bet on U.S. shopping malls

SYDNEY/MELBOURNE (Reuters) - Unibail-Rodamco, Europe's biggest property group, has agreed to buy shopping mall owner Westfield Corp for $16 billion, marking the biggest takeover of an Australian company and a shift in global retail property to counter online shopping.

topNews reuters.com

Investigators search for clues in attempted New York subway bombing

NEW YORK (Reuters) - Investigators are searching for reasons a Bangladeshi man set off a bomb strapped to his body in a New York City commuter hub during the morning rush hour in what is being characterized as an attempted terrorist attack.

PersonalFinance reuters.com

Vanguard looks to blockchain for index data

BOSTON (Reuters) - Vanguard Group Inc is moving to use blockchain to simplify how it updates index data underlying mutual funds, executives said on Monday, an important sign of confidence for the new...

businessNews reuters.com

Europe's Unibail-Rodamco bids $16 billion for Westfield in global shift

SYDNEY/MELBOURNE (Reuters) - Unibail-Rodamco, Europe's biggest property group, has agreed to buy shopping mall owner Westfield Corp for $16 billion, marking the biggest takeover of an Australian company and a shift in global retail property to counter online shopping.

New York City nytimes.com

New York Today: New York Today: What We Know About the Subway Bombing

Tuesday: A look at Monday’s terrorist attack near Times Square, the origins of whiskey, and the first night of Hanukkah.

nytimes.com

New York City, Alabama, NFL Network: Your Tuesday Briefing

Here’s what you need to know to start your day.

Mergers, Acquisitions and Divestitures nytimes.com

Westfield, Owner of World Trade Center Mall, to Be Sold for $15.7 Billion

Unibail-Rodamco is set to acquire Westfield, owner of the Garden State Plaza in New Jersey and the shopping center at One World Trade Center, among others.

Colbert, Stephen nytimes.com

Best of Late Night: Stephen Colbert Taunts the ‘Failed’ New York Bomber

“The worst you did is make the subways run late — and the M.T.A. does that just fine without your help,” the “Late Show” host said.

companyNews reuters.com

ING to stop funding utilities which rely too much on coal

LONDON, Dec 12 (Reuters) - ING by the end of 2025 will stop funding any utility company which relies on coal for more than 5 percent of its energy, the Dutch bank said on Tuesday.

companyNews reuters.com

Norway parties inclined to back fund's plan to slash oil exposure -report

OSLO, Dec 12 (Reuters) - Norway's $1 trillion sovereign wealth fund, the world's largest, will probably win backing from parliament for its proposal to cut most oil and gas stocks from its portfolio, business daily Dagens Naeringsliv reported on Tuesday.

businessNews reuters.com

France's AXA to step up investments in green projects to $11 billion by 2020

PARIS (Reuters) - French insurer AXA announced on Tuesday it would quadruple its investments in environmentally-friendly projects by 2020 to 9 billion euros ($10.60 billion) and disinvest further from the coal industry.

businessNews reuters.com

France's Unibail-Rodamco bids $15.7 billion for Australia's Westfield

SYDNEY/MELBOURNE (Reuters) - France's Unibail-Rodamco has agreed to buy shopping mall owner Westfield Corp for $15.7 billion, in what would be the biggest takeover of an Australian company on record.

worldNews reuters.com

EU suspends funding for Cambodian election

PHNOM PENH (Reuters) - The European Union has suspended funding for Cambodia's 2018 general election because the vote cannot be credible after the dissolution of the main opposition party, according to a letter sent to the national election committee on Tuesday.

cnn.com

Here's what we know about the New York Port Authority explosion

Monday's attempted terror attack injured five New York commuters but its perpetrator, ultimately, appears to have failed in his aims.

businessNews reuters.com

France's Unibail-Rodamco bids $24.7 billion for Australia's Westfield

SYDNEY/MELBOURNE (Reuters) - France's Unibail-Rodamco has agreed to buy shopping mall owner Westfield Corp for $24.7 billion including debt, in what would be the biggest takeover of an Australian company on record.

cnn.com

These are the cops who arrested the New York pipe bomb suspect

Four police officers are being hailed as heroes for subduing the suspect in Monday's explosion at a New York City transit hub before the situation worsened.

PersonalFinance reuters.com

The write stuff: Life lessons from author James Patterson

NEW YORK (Reuters) - (The writer is a Reuters contributor. The opinions expressed are his own.)

nytimes.com

Europe Edition: New York, Vladimir Putin, Johnny Hallyday: Your Tuesday Briefing

Here’s what you need to know to start your day.

companyNews reuters.com

Blackstone's real estate fund buys 10 pct stake in Logicor- FT

Dec 12 (Reuters) - Blackstone Group LP's real estate fund is taking a 10 percent stake in European warehouse firm Logicor Ltd , the Financial Times reported on Tuesday citing people briefed on the matter.

entertainmentNews reuters.com

Saudi sovereign fund plans cinema venture with AMC Entertainment

DUBAI (Reuters) - Saudi Arabia's main sovereign wealth fund said it planned to enter the cinema business with major U.S.-based movie exhibition company AMC Entertainment Holdings, as the conservative kingdom lifts a 35-year-old ban on cinemas.

Subways nytimes.com

About New York: In a Bombing’s Aftermath, Doubling Down on the Everyday

After a man in a homemade suicide vest blew himself up near Times Square, New Yorkers kept their fears at bay and the subway turnstiles spinning.

Terrorism nytimes.com

Editorial: New Yorkers Don’t Scare Easily

Even after a rush-hour blast, fearmongers stoking fear of carnage and mayhem find little support in a populace adept at keeping its composure.

topNews reuters.com

Subway bomber wounds self, three victims in New York

NEW YORK (Reuters) - A Bangladeshi man set off a homemade pipe bomb strapped to his body in a crowded New York City commuter hub during the morning rush hour on Monday, officials said, immediately calling it an attempted terrorist attack.

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...

companyNews reuters.com

UPDATE 1-Fidelity keeps $2 bln mandate in New York after star manager's departure

BOSTON, Dec 11 (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 harassment, to manage about 10 percent of its assets.

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.

nytimes.com

New York City, Alabama, Putin: Your Monday Evening Briefing

Here’s what you need to know at the end of the day.

companyNews reuters.com

BRIEF-Amc Entertainment Holdings Signed Non-Binding Memorandum Of Understanding With Public Investment Fund Of Saudi Arabia

* AMC ENTERTAINMENT HOLDINGS INC - SIGNED NON-BINDING MEMORANDUM OF UNDERSTANDING WITH PUBLIC INVESTMENT FUND OF SAUDI ARABIA Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Mangrove Partners Master Fund-Continues To Have Conversations With Penn Virginia Board

* MANGROVE PARTNERS MASTER FUND-CONTINUES TO HAVE CONVERSATIONS WITH PENN VIRGINIA BOARD, PARTICULARLY WITH REGARDS TO STRATEGY AND CORPORATE GOVERNANCE

Sexual Harassment nytimes.com

Ryan Lizza Fired by The New Yorker Over Sexual Misconduct Allegation

The magazine said it “severed ties” with Mr. Lizza, its Washington correspondent, over “improper sexual conduct.” He denied that charge.

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

Marcato says Deckers' rejected offer to settle proxy contest

BOSTON (Reuters) - After months of turning up the heat on Deckers Outdoor Corp, hedge fund Marcato Capital Management recently proposed a settlement that the UGG boot maker rejected, a filing...

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...

companyNews reuters.com

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

BOSTON, Dec 11 (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 York state retirement plan.

topNews reuters.com

'Amateur' bomber targets New York commuters; suspect held

NEW YORK (Reuters) - A Bangladeshi man with a homemade bomb strapped to his body set off an explosion at a New York commuter hub during rush hour on Monday morning, wounding himself and three others in what New York Mayor Bill de Blasio called an attempted terrorist attack.

PersonalFinance reuters.com

Marcato sets condition for Deckers interviewing its nominees

(Reuters) - Marcato said on Monday it was open to a proposal by Deckers Outdoor Corp's board to interview the activist investor's nominees only if the footwear maker was willing to reach a settlement...

companyNews reuters.com

UPDATE 10-Oil gains on Forties Pipeline shutdown, New York blast

* U.S. output rise undermines OPEC-led efforts to tighten market (Updates with settlement prices)

nytimes.com

New York City, North Korea, Jerusalem: Your Tuesday Briefing

Here’s what you need to know to start your day.

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.

PersonalFinance reuters.com

U.S. fund firms make new push for bitcoin ETFs as futures debut

(Reuters) - Fund managers are racing to launch exchange-traded funds (ETFs) based on bitcoin after futures contracts based on the high-flying digital currency began trading on Sunday.

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.

Transit Systems nytimes.com

A Normal New York Commute, a Boom and Then Chaos

As commuters headed to work on Monday morning, someone in a crowded subway corridor near Times Square was wearing a bomb.

companyNews reuters.com

UPDATE 9-Oil gains on Forties Pipeline shutdown, New York blast

* U.S. output rise undermines OPEC-led efforts to tighten market (Updates prices, adds comment)

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.

companyNews reuters.com

UPDATE 8-Oil gains on Forties Pipeline shutdown, New York blast

* Output rise undermines OPEC-led efforts to tighten market (Updates with information on pipeline shutdown, updates prices; changes dateline to NEW YORK, previously LONDON.)

businessNews reuters.com

Wall Street ticks higher as New York explosion worries wane

(Reuters) - U.S stocks indexes edged higher on Monday, recovering from a brief uncertainty following an explosion at one of New York's busiest commuter hubs.

companyNews reuters.com

US STOCKS-Wall St ticks higher as New York explosion worries wane

* Cryptocurrency related stocks bounce after bitcoin futures debut

Subways nytimes.com

Footage Shows Aftermath of ‘Attempted Terrorist Attack’ at New York Transit Hub

Four people were injured in an explosion in the passageway connecting the Times Square and Port Authority subway stations. A suspect is in custody.

PersonalFinance reuters.com

Two fund firms make new push for bitcoin ETFs as futures debut

(Reuters) - Two fund managers are going back to U.S. securities regulators for permission to launch exchange-traded funds (ETFs) based on bitcoin, filings showed on Monday, after futures contracts...

companyNews reuters.com

UPDATE 1-Two fund firms make new push for bitcoin ETFs as futures debut

Dec 11 (Reuters) - Two fund managers are going back to U.S. securities regulators for permission to launch exchange-traded funds (ETFs) based on bitcoin, filings showed on Monday, after futures contracts began trading on Sunday in the high-flying digital currency.

businessNews reuters.com

S&P, Dow flat after explosion at New York commuter hub

(Reuters) - The S&P 500 and the Dow were flat in early morning trading on Monday after an explosion rocked New York's Port Authority, one of the city's busiest commuter hubs.

News and News Media nytimes.com

Trump Says New York Times Is ‘Wrong!’ on His Television Habits

President Trump responded to a Times article published over the weekend that offered an inside look into a typical day.

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.

Transit Systems nytimes.com

Transit Hub Blast in New York Disrupts Morning Commute

An explosion near the Port Authority Bus Terminal on Monday morning temporarily closed the terminal and the subway station underneath, disrupting the commute for tens of thousands of commuters.

topNews reuters.com

Explosion rocks New York commuter hub, suspect in custody

NEW YORK (Reuters) - An explosion rocked New York's Port Authority Bus Terminal, one of the city's busiest commuter hubs, on Monday morning and police said one suspect was injured and in custody, with three other injuries reported.

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.

Transit Systems nytimes.com

New York Explosion: Police Evacuate Port Authority

The Police Department said one injured person was in custody, and no other injuries were reported.

topNews reuters.com

One person in custody, several injured, in New York explosion

NEW YORK (Reuters) - An explosion rocked New York's Port Authority, one of the city's busiest commuter hubs in midtown Manhattan, during Monday morning's rush hour, injuring several people.

cnn.com

A pipe bomb may have unintentionally detonated during the busy commute, New York police sources tell CNN

Police are responding to reports of a possible explosion on the A, C and E subway lines near 42nd Street and Eighth Avenue, New York Police Department Sgt. Brendan Ryan said Monday. The trains are being evacuated, he said.

companyNews reuters.com

BRIEF-Suning Commerce sells 5.5 mln shares in Alibaba, expects net income of 3.25 bln yuan

* SAYS IT EXPECTS NET INCOME OF 3.25 BILLION YUAN ($491.16 million) AFTER SELLING 5.5 MILLION SHARES IN ALIBABA GROUP HOLDING Source text in Chinese: http://bit.ly/2B32uI0 Further company coverage: ($1 = 6.6170 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

New York City nytimes.com

New York Today: New York Today: A Culinary School for Refugees

Monday: Meeting the woman behind a local philanthropy, unconventional wreaths, and holiday gifting.

technologyNews reuters.com

Exclusive: Hong Kong fund tells Toshiba that chip unit sale to Bain group not necessary

TOKYO (Reuters) - A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters.

companyNews reuters.com

Hong Kong activist fund tells Toshiba chip unit sale to Bain group not necessary

TOKYO, Dec 11 (Reuters) - A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit sale to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters.

cnn.com

California wildfires now larger than New York City and Boston combined

Firefighters are struggling to contain the biggest of six blazes burning in southern California, with the Thomas Fire slipping from 15% containment to 10% Sunday.

technologyNews reuters.com

Mubadala has done 15 to 16 investments in Silicon Valley as part of the Softbank fund

ABU DHABI (Reuters) - Abu Dhabi's state investor, Mubadala [MUDEV.UL], has made 15 to 16 investments in Silicon Valley as part of a partnership with Softbank Group, deputy group CEO, Waleed al-Muhairi, told a conference in Abu Dhabi.

Law and Legislation nytimes.com

Editorial: Opening Up New York’s Public Records

Governor Cuomo has a chance to champion government transparency by signing a bill to pick up legal fees when a request is wrongly denied.

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.

healthNews reuters.com

U.S. House committee 'may reconsider' WHO cancer agency funds

LONDON (Reuters) - U.S. congressional committee members warned on Friday that Washington's funding of the World Health Organization's cancer research agency could be halted unless it is more open about its operations.

PersonalFinance reuters.com

SEC to delay mutual fund disclosures in cybersecurity push

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Friday it would delay new submissions of portfolio data by mutual funds, as the regulator beefs up its cybersecurity.

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

MOVES-OppenheimerFunds, KPMG, Janus Henderson

Dec 8 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com.

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

politicsNews reuters.com

Trump signs short-term gov't funding bill, averts shutdown: White House spokeswoman

WASHINGTON (Reuters) - U.S. President Donald Trump has signed legislation to fund the federal government for two more weeks, White House spokeswoman Sarah Sanders said on Friday, a move that averts a government shutdown while Congress negotiated a longer-term budget deal.

PersonalFinance reuters.com

UBS investment bank head wary on 2018 outlook

ZURICH (Reuters) - The head of Swiss bank UBS's investment banking business gave a cautious outlook for market conditions next year, with fees set to fall again and volatility staying low.

PersonalFinance reuters.com

City of London sticks to Brexit plans despite progress

LONDON (Reuters) - London's financial industry welcomed progress on a divorce deal with the European Union on Friday but said it saw little reason to alter preparations for when Britain leaves the EU.

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:

New York City nytimes.com

New York Today: New York Today: Deciphering Holiday Dress Codes

Friday: Fashion experts’ tips on seasonal party attire, your weekend lineup and lessons on lightsabers.

healthNews reuters.com

Philippines to seek refund of $59 million from Sanofi amid vaccine risk

MANILA (Reuters) - The Philippines will seek the return of 3 billion pesos ($59 million) it paid French drugmaker Sanofi for a dengue vaccine used to immunize hundreds of thousands of children that Sanofi has said could worsen the disease in some cases.

companyNews reuters.com

PRESS DIGEST-New York Times business news - Dec 8

Dec 8 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

cnn.com

First on CNN: Hatch hosting re-election fundraiser in January

Utah Sen. Orrin Hatch is hosting a re-election fundraiser in early January, according to an invitation obtained by CNN, stoking further intrigue about a Senate seat that's being eyed by Mitt Romney.

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

domesticNews reuters.com

Connecticut infrastructure funding in question: state report

NEW YORK (Reuters) - Connecticut's infrastructure projects are in jeopardy after revenue that helps pay off the state's transportation debt has decreased and additional funding sources have not yet been identified, according to a report released on Thursday.

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.

cnn.com

CHIP funding latest victim of DC dysfunction

Ari Richter grabs the finger-stick glucose monitor from his mother's hand, insisting that he can do it himself. The 4-year-old presses the point against his chubby index finger until it pricks the skin to release a droplet of blood.

United States Politics and Government nytimes.com

House Passes Two-Week Stopgap Bill to Keep Government Funded

Faced with a Friday deadline to pass a government funding measure, the House passed on Thursday a two-week fix to buy more time for negotiations.

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

politicsNews reuters.com

Pelosi says Democrats will not back short-term funding bill on Thursday

WASHINGTON (Reuters) - U.S. House of Representatives Democratic leader Nancy Pelosi said on Thursday her party would not support a short-term funding bill being brought up for a vote later in the day because it did not include any key Democratic priorities.

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:

businessNews reuters.com

New York pension fund seeks more pay disclosure from Wells Fargo

(Reuters) - New York state Comptroller Thomas DiNapoli is asking Wells Fargo & Co to disclose more information about employee incentive pay, an issue that was at the heart of a scandal that has roiled the third-largest U.S. lender for more than a year.

companyNews reuters.com

BRIEF-Jetblue Expands In Worcester With Daily New York-JFK Nonstop Flights

* JETBLUE, LARGEST AIRLINE IN MASSACHUSETTS, EXPANDS IN WORCESTER WITH DAILY NEW YORK-JFK NONSTOP FLIGHTS

politicsNews reuters.com

Pelosi says Democrats won't back short-term funding bill in Thursday vote

WASHINGTON (Reuters) - House Democratic leader Nancy Pelosi said on Thursday her party would not support a short-term government funding bill being brought up for a vote later in the day because it did not include any key Democratic priorities.

companyNews reuters.com

REFILE-UPDATE 2-Norway wealth fund in first Asia property deal with Tokyo acquisition

OSLO, Dec 7 (Reuters) - Norway's $1 trillion sovereign wealth fund has made its first real estate investment in Asia by acquiring a 70 percent stake in five properties in Tokyo and hopes to do more property deals in the Japanese capital, it said on Thursday.

companyNews reuters.com

BRIEF-Norwegian Cruise Line Holdings Ltd. Announces Transfer To The New York Stock Exchange

* NORWEGIAN CRUISE LINE HOLDINGS LTD. ANNOUNCES TRANSFER TO THE NEW YORK STOCK EXCHANGE

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.

PersonalFinance reuters.com

Gross warns Fed should be 'more cautious' amid investor bond binge

NEW YORK (Reuters) - Influential bond investor Bill Gross of Janus Henderson Investors warned Thursday the Federal Reserve should be "more cautious and easier" in its interest-rate hiking campaign,...

PersonalFinance reuters.com

Retail disruption is nothing compared to gnarly first jobs

NEW YORK (Reuters) - If any industry is in the throes of total disruption right now, it is retail.

PersonalFinance reuters.com

Column: U.S. Republicans sharpen knives for retirement program cuts

CHICAGO (Reuters) - Traditionally, U.S. politicians avoid talking about cutting Social Security and Medicare close to election time.

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.

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.

businessNews reuters.com

Soros-backed GlenPoint opens New York office, co-founder to relocate

LONDON (Reuters) - London-based hedge fund manager Glen Point Capital, which raised cash from billionaire George Soros, has opened an office in New York, three sources with direct knowledge of the matter said.

companyNews reuters.com

UPDATE 1-Norway wealth fund makes first Asia property deal with Tokyo acquisition

OSLO, Dec 7 (Reuters) - Norway's $1-trillion sovereign wealth fund has made its first real estate investment in Asia by acquiring a 70-percent stake in five properties in Tokyo, it said on Friday.

companyNews reuters.com

Norway wealth fund makes first Asia property deal with Tokyo acquisition

OSLO, Dec 7 (Reuters) - Norway's $1 trillion sovereign wealth fund has made its first real estate investment in Asia by acquiring a 70-percent stake in five properties in Tokyo, it said on Friday.

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

PersonalFinance reuters.com

Yes, she's judging you: Luvvie Ajayi on writing a bestselling life

NEW YORK (Reuters) - Sometimes in life, the best teachers are not elder statesmen who have been around for decades. Sometimes we can learn the most from young entrepreneurs who are creating something...

Sex Crimes nytimes.com

A New Push to Expand New York’s Childhood Sex Assault Law

Activists hope this will be the year that New York changes its limits on how long victims of child sex abuse have to sue their attackers.

politicsNews reuters.com

Democratic lawmakers question Kushner on New York property: letter

WASHINGTON (Reuters) - A group of Democratic lawmakers on Wednesday wrote to Jared Kushner, U.S. President Donald Trump's son-in-law and adviser, asking whether in his talks with foreign officials he had ever discussed financing for a deeply indebted Kushner Companies property in Manhattan.

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.

nytimes.com

2017: The Year in New York

The subways slowed down, Chris Christie took some time to relax at the beach, and a 47-year-old murder was solved. Here are the stories that got New Yorkers talking in 2017.

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

PersonalFinance reuters.com

Proxy firm ISS advises shareholders to back Marcato at Deckers

BOSTON (Reuters) - Proxy advisory firm Institutional Shareholder Services on Wednesday suggested shareholders back hedge fund Marcato's choice of directors at Deckers Outdoor Corp, switching its...

PersonalFinance reuters.com

Proxy advisory firm ISS switches Deckers recommendation to Marcato nominees

BOSTON (Reuters) - Proxy advisory firm Institutional Shareholder Services on Wednesday switched its recommendation in one of the season's most hotly contested proxy contests to suggest shareholders...

companyNews reuters.com

BRIEF-Walker & Dunlop Arranges Financing For $42.4 Mln, Five-Property Portfolio In New York And Michigan

* FINANCING FOR $42.4 MILLION, FIVE-PROPERTY PORTFOLIO IN NEW YORK AND MICHIGAN ARRANGED BY WALKER & DUNLOP

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

Reign (Manhattan, NY, Retailer) nytimes.com

Critical Shopper: Why Is There No Great Multibrand Men’s Store in New York?

Reign, newly opened in the meatpacking district, aims to be a one-stop men’s wear shop.

PersonalFinance reuters.com

My taxes probably are going up. Are yours?

NEW YORK (Reuters) - No matter what version of the U.S. tax overhaul being considered by Congress becomes law, it looks like I am going to be paying more in taxes next year.

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.

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.

PersonalFinance reuters.com

Study abroad appeals to more U.S. college students, but costs can mount

CHICAGO (Reuters) - While most college seniors are still hoping to land a good job after graduation, Kelsey Berg is set.

PersonalFinance reuters.com

Short-seller Muddy Waters bets against OSI Systems

BOSTON (Reuters) - Carson Block, founder of short-seller Muddy Waters LLC, which gained prominence with a bet against a Chinese timber company, said he is shorting OSI Systems Inc, sending the...

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.

technologyNews reuters.com

Farming startup Indigo raises $203 million with help from Dubai fund

SAN FRANCISCO (Reuters) - Farming technology startup Indigo has raised more than $200 million from investors to fund its efforts to reform how crops including wheat, soybeans, cotton and corn are grown around the world.

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.

technologyNews reuters.com

Ireland says yet to agree exact date for Apple to start transferring tax funds

DUBLIN (Reuters) - Ireland expects Apple to start paying up to 13 billion euros ($15.36 billion) in back taxes into an escrow account once it is set up at the end of January, but an exact date has yet to be agreed.

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.

New York City nytimes.com

New York Today: New York Today: How Trains Helped Create the Holidays

Wednesday: The linked histories of trains and the holiday season, lightings around town, and a Christmas tree of lobster traps.

cnn.com

The race to fund the government is on

It's three days until a potential government shutdown and Republicans are still charting a path forward to head off the looming crisis.

companyNews reuters.com

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

* EQUINIX ANNOUNCES PRICING OF €1.0 BILLION SENIOR NOTES OFFERING

companyNews reuters.com

UPDATE 1-Emerging market fund flows turn sharply negative in late November -IIF

NEW YORK, Dec 5 (Reuters) - Investor fund flows to emerging markets, which have been enjoying a boom for most of this year, turned sharply negative in late November, with equities particularly hard hit, a bank lobbying institution that tabulates flows data said on Tuesday.

PersonalFinance reuters.com

Gundlach says 'strange environment' to be cutting U.S. corporate taxes

NEW YORK (Reuters) - DoubleLine Capital Chief Executive Jeffrey Gundlach, who voted for President Donald Trump, warned on Tuesday that it is a "strange environment" to be cutting U.S. corporate taxes...

companyNews reuters.com

Emerging market fund flows turn sharply negative in late November -IIF

NEW YORK, Dec 5 (Reuters) - Investor fund flows to emerging markets, which have been enjoying a boom for most of this year, turned sharply negative in late November, with equities particularly hard hit, a bank lobbying institution that tabulates flows data said on Tuesday.

businessNews reuters.com

New York Stock Exchange owner ICE holds back on crypto-futures

NEW YORK (Reuters) - Intercontinental Exchange Inc has put a lot of thought into the idea of futures contracts on cryptocurrencies like bitcoin, but has yet to move forward due to the opaque nature of the underlying markets, the New York Stock Exchange owner's chief executive officer said on Tuesday.

companyNews reuters.com

BRIEF-Claire's Stores Qtrly Net Loss Of $15.5 Mln Vs Net Income Of $150.6 Mln Last Year

* CLAIRE'S STORES, INC. REPORTS FISCAL 2017 THIRD QUARTER RESULTS

United States Politics and Government nytimes.com

The CHIP Program Is Beloved. Why Is Its Funding in Danger?

A children’s health insurance program popular with both Republicans and Democrats is in limbo because of partisan rancor that has stymied legislative action in Washington.

PersonalFinance reuters.com

Disrupt This! Innovation ETFs are storming the market

NEW YORK (Reuters) - Amazon.com is disrupting retail. Airbnb is disrupting hotels. Uber is disrupting transportation. Who is going to be disrupted next?

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.

companyNews reuters.com

UPDATE 1-Russian state fund RDIF plans to invest in Yandex taxi business

MOSCOW, Dec 5 (Reuters) - The Russian Direct Investment Fund (RDIF) plans to invest in Yandex's ride-sharing unit Yandex.Taxi and will partner with China's Alibaba in investing in other internet projects in Russia, the state fund's CEO said on Tuesday.

politicsNews reuters.com

House to vote Wednesday on bill to fund gov't through Dec 22

WASHINGTON (Reuters) - The U.S. House of Representatives will vote on Wednesday on a bill to fund the federal government through Dec. 22, the head of the House Rules Committee told reporters on Tuesday.

companyNews reuters.com

CORRECTED-UPDATE 1-Brazil's PagSeguro considers IPO in New York -sources

SAO PAULO, Dec 4 (Reuters) - Brazilian payment processor PagSeguro Internet Ltda is considering an initial public offering in the first quarter of 2018 in New York, two people with knowledge of the matter told Reuters.

PersonalFinance reuters.com

Q&A: Designer Rachel Roy learned to bend so she will not break

NEW YORK (Reuters) - Going from a California teen working in a clothing store to making dresses for Michelle Obama has been quite the trajectory for fashion designer Rachel Roy.

New York City nytimes.com

New York Today: New York Today: A Global Feast for the Holidays

Tuesday: Cooking with immigrant chefs in the city, a not-so-silent night and a nudist anniversary.

companyNews reuters.com

BRIEF-Warburg Pincus Announces Sale Of Majority Stake In INEA To Macquarie European Infrastructure Fund 5

* WARBURG PINCUS LLC SAYS FUNDS AFFILIATED WITH FIRM AGREED TO SELL THEIR MAJORITY STAKE IN INEA TO MACQUARIE EUROPEAN INFRASTRUCTURE FUND 5 Source text for Eikon: Further company coverage: ( Bangalore.newsroom@thomsonreuters.com ;)

companyNews reuters.com

PRESS DIGEST-New York Times business news - Dec 5

Dec 5 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

Venture Capital nytimes.com

DealBook: From Bezos to Walton, Big Investors Back Fund for ‘Flyover’ Start-Ups

The fund started by an AOL co-founder and an author has attracted a Who’s Who of American business to invest in the heartland’s entrepreneurs.

Federal Taxes (US) nytimes.com

How New Yorkers Would Lose Under the Republican Tax Bill

The legislation could send home prices tumbling, increase the region’s tax burden, and make it harder for local governments to pay for infrastructure.

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.

worldNews reuters.com

Swiss to return $321 million in stolen funds to Nigeria

ZURICH (Reuters) - Switzerland will return to Nigeria around $321 million in assets seized from the family of former military ruler Sani Abacha via a deal signed with the World Bank on Monday, the Swiss government said.

Dancing nytimes.com

New York City Ballet Investigates Sexual Harassment Claim Against Peter Martins

The longtime leader of City Ballet has been removed from teaching his weekly class at the School of American Ballet while the two organizations investigate.

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:

PersonalFinance reuters.com

Fidelity clients suffer second website glitch in week

BOSTON (Reuters) - For the second time in a week, some clients at Fidelity Investments could not access their online accounts at the powerhouse retail trading brokerage on Monday morning in a glitch...

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.

PersonalFinance reuters.com

Fidelity says some customers cannot access accounts

BOSTON (Reuters) - Fidelity Investments said on Monday some of its clients could not access their accounts on the company's website, the second time in a week that the large online brokerage operator...

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.

companyNews reuters.com

BRIEF-Hartford Financial Services says If Deal Terminated, Hopmeadow Acquisition To Pay Hartford Holdings A Non-Refundable Fee Of $114.4 Mln

* HARTFORD FINANCIAL SERVICES - IF DEAL TERMINATED, HOPMEADOW ACQUISITION TO PAY TO HARTFORD HOLDINGS A NON-REFUNDABLE FEE OF $114.4 MILLION IN CASH Source text: [http://bit.ly/2iJIB20] Further company coverage:

New York City nytimes.com

New York Today: New York Today: Nominating Your Neighbors

Monday: our annual New Yorkers of the Year contest, and a literary salon for all ages.

businessNews reuters.com

French bank Natixis bets on fixed-income, equity derivatives to grow Asia sales

HONG KONG (Reuters) - Natixis SA aims to boost Asia's share of its corporate and investment banking sales to more than 15 percent over the next couple of years, as the French bank expands in areas such as fixed-income and equity derivatives, its chief executive said.

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.

companyNews reuters.com

PRESS DIGEST-New York Times business news - Dec 4

Dec 4 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

entertainmentNews reuters.com

New York Met opera suspends conductor on sexual misconduct allegations

(Reuters) - New York's Metropolitan Opera on Sunday suspended its relationship with former long-time music director, the acclaimed conductor James Levine, as it investigates several allegations of sexual misconduct.

Traffic Accidents and Safety nytimes.com

No Longer New York City’s ‘Boulevard of Death’

Queens Boulevard has not seen a pedestrian fatality in three years. It has become a centerpiece of the mayor’s Vision Zero traffic safety campaign.

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.

domesticNews reuters.com

Dispute over New York parking spot turns deadly

NEW YORK (Reuters) - A driver plowed a car into half a dozen people during a fight over a parking spot outside a hookah bar in the New York City borough of Queens in the early hours of Sunday morning, killing one and injuring the others before fleeing, police said.