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U.S. Commerce chief: U.S. content falling in Mexican, Canadian imports

WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Thursday a new study by his department shows that U.S. value-added content is declining for manufactured goods imported from Mexico and Canada, arguing that this required tougher rules of origin in the North American Free Trade Agreement.

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Asia stocks fall, yen and franc gain as North Korea moots H-bomb test

TOKYO (Reuters) - Asian stocks fell and the Japanese yen and Swiss franc gained on the mooted possibility of North Korea conducting another hydrogen bomb test, this time in the Pacific Ocean.

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Apple's iPhone 8 launch in Sydney sees bleak turnout

SYDNEY (Reuters) - Apple Inc's iPhone 8 launch in Sydney, one of the first cities to access the product in Australia, saw a bleak turnout as fans held out for the soon-to-be-released premium iPhone X.

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Shares in HTC rise 9.96 percent on Google's Pixel buyout

TAIPEI (Reuters) - Shares in Taiwanese technology company HTC Corp rose 9.96 pct in early trading on Friday.

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Asia stocks edge lower, focus turns to China markets after ratings cut

TOKYO (Reuters) - Asian stocks slipped on Friday but showed signs of steadying as the dust began to settle after the Federal Reserve's hawkish policy statement, while investors looked to see how Chinese financial markets would react to a downgrade on the nation's credit rating.

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Oil prices steady ahead of OPEC meeting on supply cut extension

SEOUL (Reuters) - Oil prices held steady in early Asian trade on Friday as the market waited to see whether major oil producers would extend supply cuts beyond March at a meeting in Vienna later in the day.

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U.S. to weigh into 'challenging' issues at Ottawa NAFTA talks: negotiator

WASHINGTON (Reuters) - The United States will present new text proposals and begin to weigh into thornier issues of the North American Free Trade Agreement in the third round of negotiations starting in Ottawa on Saturday, U.S. chief negotiator John Melle said on Thursday.

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HPE plans 5,000 job cuts: Bloomberg

(Reuters) - Hewlett Packard Enterprise Co is planning to cut at least 5,000 workers as part of a broader effort to reduce costs amid mounting competition, Bloomberg reported on Thursday, citing people familiar with the matter.

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Equifax under pressure from banks to shape up

NEW YORK (Reuters) - U.S. consumer credit reporting bureau Equifax Inc risks losing support from banks unless it can show its database on millions of borrowers is secure from another cyber-attack.

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Tiffany names Roger Farah as chairman in latest management shakeup

(Reuters) - Luxury jeweler Tiffany & Co on Thursday named Roger Farah as chairman, the latest management shakeup where outsiders have been brought in to give the iconic company a new look.

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BRIEF-EBay appoints Adriane Brown and Diana Farrell to board

* EBay Inc-apppointment of Adriane Brown and Diana Farrell to board on Sept 19 increases size of co's board of directors from 12 to 14 - SEC filing Source text: (http://bit.ly/2xm7L9M) Further company coverage:

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Wall Street pushed down by rate expectations, North Korea, Apple

(Reuters) - U.S. stock indexes slipped on Thursday as investors braced for a third interest rate hike this year and the United States ordered new sanctions against North Korea.

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BRIEF-HD Supply says board reduced its size effective with Lionel Nowell's resignation​

* HD Supply Inc says ‍on September 20, board reduced size of board from nine to eight members effective with Lionel Nowell's resignation​ - SEC filing Source text: [http://bit.ly/2wKklxG] Further company coverage:

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U.S. safety board says train crash engineers had undiagnosed sleep disorder

WASHINGTON (Reuters) - The engineers in two New York City area commuter train crashes suffered from sleep apnea that had not been diagnosed, the U.S. National Transportation Safety Board said on Thursday.

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Exclusive: Persistent rail service disruptions dog CSX customers

(Reuters) - CSX Corp customers, including chemical, automotive and steel producers, are still battling delays and congestion despite top executives' assurances that the railroad has moved past service woes that plagued its system during the summer, people familiar with the situation said.

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Wall Street lower with pressure from Apple, rate expectations

(Reuters) - U.S. stock indexes were trading lower on Thursday, weighed down by Apple and rising expectations for a third interest rate hike this year.

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BRIEF-Minerals Technologies board authorizes $150 mln share repurchase program

* Minerals Technologies board of directors authorizes $150 million, two-year share repurchase program

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Hack of Wall Street regulator rattles investors, lawmakers

WASHINGTON (Reuters) - Wall Street's top regulator came under fire on Thursday about its cyber security and disclosure practices after admitting hackers had breached its database of corporate announcements in 2016 and may have used it for insider trading.

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Yellen's stock rises as she leads Fed from crisis-era policy

NEW YORK/WASHINGTON (Reuters) - From her early days as Federal Reserve chair, Janet Yellen has been the target of criticism from Republicans worried that the central bank's massive bond-buying programs and near-zero interest rates engineered by her predecessor would be the ruin of the country.

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BRIEF-Ingredion Inc increases size of board to 11 directors

* On September 15, 2017, board increased size of board from 10 directors to 11 directors Source text for Eikon: Further company coverage:

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Hack of Wall St. regulator rattles investors, lawmakers

WASHINGTON (Reuters) - Wall Street's top regulator came under fire on Thursday about its cyber security and disclosure practices after admitting hackers had breached its database of corporate announcements in 2016 and may have used it for insider trading.

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Brazil police formally accuse JBS Batista brothers of insider trading

SAO PAULO (Reuters) - Brazil's federal police on Thursday formally asked prosecutors to bring charges against brothers Wesley and Joesley Batista, the owners of meatpacker JBS SA , for insider trading.

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U.S. safety board: Train-crash engineers had sleep disorders

WASHINGTON (Reuters) - The engineers in two New York City area commuter train crashes suffered from undiagnosed sleep disorders, the U.S. National Transportation Safety Board said on Thursday.

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Wall St. lower as Apple, Fed view weigh

(Reuters) - The three major U.S. indexes were trading lower on Thursday, scaling back from their record levels, weighed down by Apple and the Federal Reserve's indication to raise interest rates for third time despite low inflation.

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Daimler to invest $1 billion in Alabama plant, create over 600 jobs

BERLIN (Reuters) - Germany's Daimler said it will invest $1 billion to expand its U.S.-based Mercedes-Benz plant in Alabama to start building electric sport-utility vehicles there from about 2020.

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Exclusive: Macquarie leapfrogs Goldman to join top tier of commodity banks

LONDON (Reuters) - Australia's Macquarie Group Ltd has overtaken Goldman Sachs to break into the top three banks for commodities business, having significantly expanded its U.S. energy operations in recent years while rivals cut back.

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Wells Fargo CEO to testify before Senate as questions linger over scandal

WASHINGTON (Reuters) - Wells Fargo Chief Executive Tim Sloan is due to testify before Congress on Oct. 3 as the bank deals with fallout from a sales scandal a year ago that continues to spark new revelations.

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Hack of U.S. securities regulator rattles investors, stirs doubts

WASHINGTON/NEW YORK (Reuters) - Wall Street's top regulator faced questions on Thursday about its defenses against cyber criminals after admitting hackers breached its electronic database of corporate announcements and may have used it for insider trading.

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Greenpeace boards ship in bid to halt delivery of UK-bound VW diesel cars

LONDON (Reuters) - Greenpeace activists boarded a ship arriving in Britain on Thursday to stop the delivery of more than 1,000 Volkswagen cars from Germany while others sought to immobilize vehicles at a port in anti-diesel protests.

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BRIEF-Square increases size of board ten directors

* Square Inc says on September 18, 2017, the board of directors of Square increased the size of the board to ten directors‍​ - SEC filing Source text: (http://bit.ly/2hjkLsG) Further company coverage:

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UPDATE 3-Greenpeace boards ship in bid to halt delivery of UK-bound VW diesel cars

LONDON, Sept 21 (Reuters) - Greenpeace activists boarded a ship arriving in Britain on Thursday to stop the delivery of more than 1,000 Volkswagen cars from Germany while others sought to immobilise vehicles at a port in anti-diesel protests.

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BRIEF-Square names Naveen Rao to board of directors

* Square names Naveen Rao, leader in artificial intelligence, to board of directors

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Wall Street slips from record levels as Apple, Fed view weigh

(Reuters) - U.S. stocks slipped from their all-time highs on Thursday, weighed down by Apple and the hawkish stance of the Federal Reserve, which hinted at raising interest rates for a third time this year despite low inflation.

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Exclusive: Chipmaker GlobalFoundries asks EU to investigate bigger rival TSMC - source

BRUSSELS (Reuters) - U.S. electronic chipmaker GlobalFoundries has asked European antitrust regulators to investigate market leader TSMC , accusing the Taiwanese firm of unfair competition, an industry source said on Monday.

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BRIEF-Metsa board issue 250 million notes due 2027​

* ‍NEW NOTES MATURE ON 29 SEPTEMBER 2027, BEAR A FIXED ANNUAL INTEREST AT RATE OF 2.750 PER CENT AND HAVE AN ISSUE PRICE OF 99.664 PER CENT​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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Wall St. lower as investors assess Fed's hawkish stance

(Reuters) - U.S. stocks pulled back from their all-time highs on Thursday as investors assessed the Federal Reserve's policy statement, which hinted at raising interest rates for the third time this year and laid out plans to roll back its monetary stimulus.

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Cycling: Lappartient unseats Cookson as global cycling chief

BERGEN, Norway (Reuters) - France's David Lappartient won a landslide victory as he was elected International Cycling Union (UCI) president on Thursday, replacing incumbent Brian Cookson, who was seen to have failed to restore the sport's credibility in his only term.

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Thai activists ordered to pay $16 million for occupying airports

BANGKOK (Reuters) - Thirteen activists were ordered to pay a total of $16 million in compensation on Thursday for shutting down Bangkok's two main international airports during protests in 2008.

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Wells Fargo CEO to testify before Senate banking panel on October 3

WASHINGTON (Reuters) - Wells Fargo Chief Executive Tim Sloan is due to testify before the Senate Banking Committee on Oct. 3, sources familiar with the scheduled meeting said.

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Wall St. opens slightly lower after Fed's hawkish stance

(Reuters) - U.S. stocks opened slightly lower on Thursday, even as the Dow managed to hit another record high, a day after the Federal Reserve signaled it could raise interest rates for the third time this year despite low inflation.

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Daimler joins rush to add more North American auto plants: report

DETROIT (Reuters) - U.S. automakers are facing mounting pressure amid slowing demand in the country, as Asian and European automakers aggressively ramp up vehicle production in North America, including a new investment by Daimler AG.

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U.S. jobless claims fall; hurricanes still affecting data

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits unexpectedly fell last week, but the near-term outlook for the labor market was muddied by the continuing impact of Hurricanes Harvey and Irma.

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Wells Fargo CEO due to testify before Senate banking panel October 3

WASHINGTON (Reuters) - Tim Sloan, the chief executive officer of Wells Fargo , is due to testify before the Senate Banking Committee on October 3, said sources familiar with the scheduled meeting.

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U.S. jobless claims fall; hurricanes still impacting data

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits unexpectedly fell last week, but the data continued to be influenced by Hurricanes Harvey and Irma, muddying the labor market picture in the near term.

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EU eyes solo move to increase tax on online giants, risking U.S. anger

BRUSSELS (Reuters) - The European Commission said on Thursday it may seek to implement tax reform to raise more revenue from online giants without the backing of the United States and other rich nations, in a move that could spark a new transatlantic dispute.

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Greenpeace boards ship in bid to stop UK-bound "toxic" VW diesel cars

LONDON (Reuters) - Greenpeace activists boarded a ship arriving in Britain on Thursday to stop a consignment of over 1,000 Volkswagen cars from Germany whilst others sought to immobilize vehicles at a port in anti-diesel protests.

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Futures flat after Fed signals third rate hike this year

(Reuters) - U.S. stock index futures were little changed on Thursday, a day after the Federal Reserve signaled that it could raise interest rates for the third time this year despite low inflation and disclosed plans to shrink its balance sheet.

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Greenpeace boards ship in bid to stop UK-bound shipment of "toxic" Volkswagen diesels

LONDON (Reuters) - Greenpeace activists boarded a ship on its way to Britain on Thursday in an attempt to stop a consignment of Volkswagen diesel cars being imported from Germany whilst others sought to immobilize vehicles at a port in a protest against emission levels.

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ECB may ask fintech banks to hold bigger buffers

FRANKFURT (Reuters) - High-tech banks looking to enter the fintech zone may be asked to hold bigger liquidity and capital buffers due to the unique nature of their risks, the European Central Bank said in draft licensing guidelines on Thursday.

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Road to electric car paradise paved with handouts

JUDABERG, Norway (Reuters) - The Norwegian island of Finnoey has the highest density of electric cars in the world. The reason? They are exempt from the $6,000-a-year toll charges for the tunnel to the mainland.

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Carlyle targets first-close of new Asia buyout fund at over $4 billion: sources

HONG KONG (Reuters) - Carlyle Group is targeting the first closing of a new Asia buyout fund within the next couple of months at over $4 billion, three people familiar with the matter said, bulking up in a region that has become a key market for global funds.

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BRIEF-KB Home says co's board determined that the bonus payment to CEO Jeffery Mezger shall be reduced by 25 percent ‍​

* KB Home - on Sept 20, co's board determined that the bonus payment CEO Jeffery Mezger, would have otherwise been entitled to receive for fiscal year 2017 shall be reduced by 25 percent ‍​

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Greenpeace boards ship in clean-air protest to stop import of Volkswagen diesel cars to UK

LONDON (Reuters) - Greenpeace said on Thursday anti-pollution activists had boarded a ship in the Thames Estuary containing Volkswagen diesel cars being imported into Britain in an attempt to force the vessel to return to Germany.

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Toys 'R' Us plans holiday hires including toy demonstrators

(Reuters) - Toys "R" Us Inc, the U.S. toy retailer that filed for bankruptcy protection this week, said on Thursday it is hiring part-time seasonal workers to staff its stores for the holidays, including for a new position of toy demonstrator.

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Mitsubishi recalls 89,406 cars in Russia: standards agency

MOSCOW (Reuters) - Russia's standards watchdog Rosstandart said on Thursday it had been informed that Mitsubishi Motors Corp was recalling 89,406 Mitsubishi ASX cars sold in Russia between July 2010 and January 2016.

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Volvo rolls out compact SUV in latest upmarket shift under Geely

MILAN (Reuters) - Volvo Cars showed off its first compact SUV on Thursday with the launch of its new XC40 model, the latest in a sweeping overhaul of the carmaker's line-up under Chinese ownership.

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Fed's 'Great Unwinding' lifts dollar, yields and bank stocks

LONDON (Reuters) - Signals the Federal Reserve will hike U.S. interest rates again this year and begin the 'Great Unwinding' of a decade of aggressive stimulus, drove the dollar to a two-month high versus the yen on Thursday and sent bonds and commodities lower.

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Toshiba, keen to seal $18 billion chips sale, wrestles with last-minute delays

TOKYO (Reuters) - Japan's Toshiba Corp is locked in last minute discussions over "key issues" with the would-be buyers of its $18 billion memory chip business led by U.S. private equity firm Bain, potentially delaying a formal agreement on the sale.

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Lufthansa CEO puts focus on 38 wet lease planes in Air Berlin battle

FRANKFURT (Reuters) - Lufthansa's bid for Air Berlin assets is focused on securing the 38 crewed planes it currently leases from the insolvent carrier and it is interested in a further 20 to 40 planes, Lufthansa's chief executive said.

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Google bets anew on smartphones, pays $1.1 billion for HTC's Pixel division

TAIPEI/SAN FRANCISCO (Reuters) - Alphabet Inc's Google said it would pay $1.1 billion for the division at Taiwan's HTC Corp that develops the U.S. firm's Pixel smartphones - its second major foray into phone hardware after an earlier costly failure.

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China's Baidu launches $1.5 billion autonomous driving fund

BEIJING (Reuters) - Chinese search engine Baidu Inc announced a 10 billion yuan ($1.52 billion) autonomous driving fund on Thursday as part of a wider plan to speed up its technical development and compete with U.S. rivals.

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Dollar shines, Asia shares slip after Fed signals Dec rate hike

TOKYO (Reuters) - The U.S. dollar shone while Asian shares slipped on Thursday after the U.S. Federal Reserve announced a plan to start shrinking its balance sheet and signalled one more rate hike later this year.

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What is at stake for Uber in U.S. bribery probe?

SAN FRANCISCO (Reuters) - A U.S. bribery investigation at ride-hailing company Uber Technologies Inc [UBER.UL] will likely go on for a year or more and could lead to snowballing legal and compliance costs if lawyers find systemic problems.

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Avis, Hertz shares rise but remain in short-seller cross-hairs

NEW YORK (Reuters) - Shares of U.S. car-rental companies Avis Budget Group Inc and Hertz Global Holdings Inc have driven out of the ditch in recent weeks, aided in part by storms that devastated the southern United States.

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Google to acquire HTC's Pixel smartphone division in $1.1 billion deal

TAIPEI (Reuters) - Alphabet Inc's Google said it would pay $1.1 billion in cash to acquire the division at Taiwan's HTC Corp that develops the U.S. firm's Pixel smartphones, its latest push into hardware manufacturing.

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Oil dips on rising U.S. crude inventories and production

SINGAPORE (Reuters) - Oil markets dipped on Thursday, weighed down by rising U.S. crude inventories and production as well as a stronger dollar, which potentially hampers fuel consumption in countries that use other currencies at home.

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Google to buy part of HTC's smartphone operations for $1.1 billion

TAIPEI (Reuters) - Alphabet Inc's Google will acquire part of Taiwanese smartphone maker HTC's smartphone operations for $1.1 billion, the companies said in a joint statement on Thursday.

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Toshiba prepares to formalize chips sale, even as rejected suitor steps up legal action

TOKYO (Reuters) - Japan's Toshiba Corp is expected to formalize the sale of its prized memory chip unit on Thursday to a group led by U.S. private equity firm Bain Capital, even as jilted suitor and joint venture partner Western Digital took fresh legal action.

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Plan to ease U.S. firearm export rules may relieve gunmakers facing sales slump

SAN FRANCISCO (Reuters) - A move by the Trump administration to make it simpler to sell small arms abroad may provide some relief to gun makers American Outdoor Brands and Sturm Ruger & Company in an industry grappling with a deep sales slump since the election of President Donald Trump.

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Google to buy part of HTC's smartphone operations for around $1 billion : source

HONG KONG/TAIPEI (Reuters) - Alphabet Inc's Google is set to announce a deal to acquire part of Taiwanese firm HTC Corp's smartphone operations for about $1 billion, a source with direct knowledge of the matter said on Thursday.

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Dollar shines, Asia shares slip after Fed signals December rate hike

TOKYO (Reuters) - The U.S. dollar shone while Asian shares slipped slightly on Thursday after the U.S. Federal Reserve announced a plan to start shrinking its balance sheet and signaled one more rate hike later this year.

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Albertsons buys meal-kit delivery provider Plated

(Reuters) - Albertsons Cos Inc , one of America's biggest supermarket chains, said on Wednesday it would buy meal-kit delivery service Plated, as it looks to attract more customers to its stores amid increased competition.

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FedEx raises TNT integration costs by $75 million: filings

(Reuters) - Package delivery company FedEx Corp said on Wednesday its expects to incur roughly $350 million in integration costs related to its acquisition of Netherlands-based TNT Express during 2018, some $75 million higher than previous estimates.

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FedEx says financial drain from cyber attack to linger through 2018

(Reuters) - Package delivery company FedEx Corp said on Wednesday a June cyber attack on its Dutch unit will continue to hurt revenue through its second fiscal quarter and fiscal full-year 2018 and force bigger investments in information technology.

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BRIEF-Tactile Systems Technology says elected Raymond Huggenberger to board

* Tactile Systems Technology Inc - on Sept 20, elected Raymond O. Huggenberger to board, filling a seat created by an increase in size of board effective sept 20 Source text: [http://bit.ly/2fbX4yo] Further company coverage:

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Fed keeps U.S. rates steady, to start portfolio drawdown in October

WASHINGTON (Reuters) - The U.S. Federal Reserve left interest rates unchanged on Wednesday but signaled it still expects one more increase by the end of the year despite a recent bout of low inflation.

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Tesla working with AMD to develop chip for self-driving car: CNBC

(Reuters) - Electric carmaker Tesla Inc is working with Advanced Micro Devices Inc to develop its own artificial intelligence chip for self-driving cars, CNBC reported on Wednesday, citing a source familiar with the matter.

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Wall St. closes slightly higher after Fed policy decisions

NEW YORK (Reuters) - The S&P 500 and the Dow ended slightly higher on Wednesday, adding to their string of closing records, after the Federal Reserve signaled it expects another interest rate hike by year-end and disclosed timing for reducing its balance sheet.

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Apple concedes new watch has connectivity glitch

(Reuters) - Apple Inc's on Wednesday conceded its latest smartwatch unveiled a week ago has problems with its most important feature: the ability make phone calls and access data without an iPhone nearby.

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Fed keeps rates steady, to start portfolio drawdown in October

WASHINGTON (Reuters) - The U.S. Federal Reserve left interest rates unchanged on Wednesday but signaled it still expects one more increase by the end of the year despite recent weak inflation readings.

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Holiday sales forecasts indicate strong growth for retailers

(Reuters) - Early holiday sales forecasts are indicating a largely stronger season for retailers than last year, helped by higher online sales and increasing spending power due to a strong labor market.

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Wall St. falls after Fed signals another rate hike this year

(Reuters) - Wall Street's three major indexes were lower on Wednesday after the Federal Reserve signaled that it expects another rate hike by year end and disclosed timing for reducing its balance sheet.

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Waymo seeking $2.6 billion from Uber for one trade secret: lawyer

SAN FRANCISCO (Reuters) - Alphabet Inc's Waymo unit is seeking about $2.6 billion from Uber for the alleged theft of one of several trade secrets in a lawsuit over self-driving cars, a lawyer for Uber said on Wednesday.

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Waymo seeking $2.6 billion for one trade secret against Uber

SAN FRANCISCO (Reuters) - An Uber [UBER.UL] lawyer on Wednesday said Alphabet Inc's Waymo unit is seeking about $2.6 billion for the alleged theft of one of several trade secrets in a lawsuit over self-driving cars.

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Wall St. flat; all eyes on Fed policy decision

(Reuters) - U.S. stocks were little changed in early afternoon trading on Wednesday as investors awaited the Federal Reserve's policy decision for clues on the future path of interest rates.

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Google close to buying smartphone maker HTC's assets: Bloomberg

(Reuters) - Alphabet Inc's Google is close to acquiring assets of Taiwanese smartphone maker HTC Corp , Bloomberg reported, citing a person familiar with the matter.

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BlackRock's Fink says he is committed to gender diversity

NEW YORK (Reuters) - BlackRock Inc Chief Executive Larry Fink on Wednesday said the largest asset manager must mirror its customers in terms of gender, in comments that come as the company has become more vocal about shareholder and activist efforts to boost workplace diversity.

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S&P, Dow flat ahead of Fed decision; Apple weighs on Nasdaq

(Reuters) - The S&P and the Dow were little changed on Wednesday but hovered near record levels as investors waited to hear from the Federal Reserve on future interest rate hikes this year while the tech-heavy Nasdaq was pulled lower by a drop in Apple.

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General Mills profit misses as U.S. yogurt sales sour

(Reuters) - General Mills Inc reported a smaller-than-expected quarterly profit as yogurt and cereal sales declined in North America, sending the company's shares down 9 percent to their lowest levels in nearly two years.

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BlackRock's Fink says he is committed to gender parity

NEW YORK (Reuters) - BlackRock Inc Chief Executive Larry Fink on Wednesday said he is committed to gender parity and that his company must mirror customers, especially with a large proportion of household wealth managed by women.

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Pfizer files suit against J&J over Remicade contracts

(Reuters) - Drugmaker Pfizer Inc on Wednesday filed a lawsuit against Johnson & Johnson , saying its rival's contracts with health insurers for blockbuster rheumatoid arthritis drug, Remicade, were anticompetitive and blocked sales of Pfizer's new biosimilar.

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General Mills profit misses on weak yogurt, cereal sales

(Reuters) - General Mills Inc reported a smaller-than-expected quarterly profit, hurt by lower sales of its yogurts and cereals in North America.

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Wall St. opens little changed; Fed takes center stage

(Reuters) - Wall Street opened little changed on Wednesday as investors waited for the conclusion of the two-day Federal Reserve meeting for indications of a third interest rate hike this year.

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Toshiba to sell chip unit to Bain Capital-led group for $18 billion

TOKYO (Reuters) - Japan's Toshiba Corp agreed on Wednesday to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange.

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Pfizer sues Johnson & Johnson over Remicade biosimilar

(Reuters) - Pfizer Inc on Wednesday filed a lawsuit against Johnson & Johnson , saying that the drugmaker's anticompetitive contracts with health insurers prevented biosimilar competition to its blockbuster rheumatoid arthritis drug, Remicade.

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Wall St. opens flat as investors await Fed decision

(Reuters) - Wall Street opened little changed on Wednesday as investors waited for the conclusion of the two-day Federal Reserve meeting for indications of a third interest rate hike this year.

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Clariant short-sellers squeezed as activist Corvex doubles-down

LONDON (Reuters) - Hedge funds have trimmed bets on a fall in shares of Clariant , just as activist investor Corvex increases pressure on the Swiss chemicals company to ditch a $20 billion M&A deal with rival Huntsman .

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UPS expects to hire about 95,000 workers for holiday season

(Reuters) - Package delivery company United Parcel Service Inc said it expected to hire about 95,000 seasonal employees for its crucial peak holiday season for the fourth straight year.

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Toshiba says seals $18 billion deal to sell chip unit to Bain Capital group

TOKYO (Reuters) - Japan's Toshiba Corp said on Wednesday it has agreed to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange.

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As Apple slows, fast-moving Chinese rivals gain in wealthy markets

HONG KONG/SINGAPORE (Reuters) - Slowing innovation at iPhone maker Apple gives Asian rivals their best chance yet to conquer developed markets, retailers and consumers say - thanks to better designs and lower prices.

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Austrian bank BAWAG PSK expects to decide on IPO next week

VIENNA/FRANKFURT, Sept 20 (Reuters) - BAWAG PSK, the Austrian bank majority owned by U.S. private equity group Cerberus Capital Management, expects to formally announce next week whether it will go ahead with a share offer, two people familiar with the matter said.

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Futures flat as investors focus on Fed meeting

(Reuters) - U.S. stock index futures were little changed on Wednesday as investors awaited clues from the Federal Reserve meeting on whether the central bank will raise interest rates for a third time this year.

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Wal-Mart to give more hours to current staff this holiday season

(Reuters) - Wal-Mart Stores Inc said on Wednesday it would not hire temporary workers this holiday season and would instead offer the extra hours to its current employees.

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BRIEF-Tintri says board approved restructuring, reduction in force plan of a little more than 10 pct of co's global workforce

* Tintri - on September 18, 2017, board approved restructuring, reduction in force plan of a little more than 10 percent of co's global workforce - SEC filing

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Eurowings wins union backing to speed up hiring amid Air Berlin turbulence

BERLIN (Reuters) - Lufthansa budget unit Eurowings has agreed a deal with the Verdi union that will allow it to hire new cabin crew at short notice from rivals such as bankrupt Air Berlin .

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T-Mobile U.S. explores takeover of Sprint: source

(Reuters) - U.S. wireless carrier T-Mobile US Inc is exploring taking over rival Sprint Corp in an all-stock deal, after SoftBank Group Corp offered to give up its majority ownership of Sprint, a person familiar with the matter said.

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Toshiba selects Bain group as buyer of its prized chip business: sources

TOKYO (Reuters) - Japan's embattled Toshiba Corp has chosen a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday, a last-minute dramatic twist to a highly contentious auction.

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Kenya Supreme Court criticizes election board in verdict on polls

NAIROBI (Reuters) - Kenyan police tear-gassed opposition supporters demonstrating near the Supreme Court on Wednesday as judges began to deliver a detailed ruling that criticized the election board for its performance in last month's annulled presidential election.

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Walmart, Target join call for 'Dreamer' legislation

(Reuters) - Wal-Mart Stores Inc, Target Corp and PepsiCo Inc on Wednesday joined an expanded group of nearly 800 companies calling in a letter for U.S. legislation to protect immigrants brought into the country illegally by their parents from deportation, according to organizer FWD.us.

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World stocks notch up new high but it's all about the Fed

LONDON (Reuters) - World stocks eked out a new record high on Wednesday and the dollar dipped against its major rivals with the focus on a U.S. Federal Reserve policy meeting that may give clues as to whether it will raise interest rates for a third time this year.

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BRIEF-Verbund CFO Kollmann joins Telekom Austria supervisory board

* Says Peter F. Kollmann, born on 25 November 1962 is elected as a member of supervisory board. Source text for Eikon: Further company coverage:

sportsNews reuters.com

Commonwealth Games: 2022 deadline looms with Birmingham in box seat

LONDON (Reuters) - Potential candidate cities for the 2022 Commonwealth Games have until the end of the month to submit details of intent with Britain's Birmingham seen to be in pole position as organizers continue the search for a new host.

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Uber reviews Asia business amid U.S. bribery probe: source

(Reuters) - Uber Technologies Inc [UBER.UL], which is the subject of a U.S. federal probe into whether it broke bribery laws, has started a review of its Asia operations and notified U.S. authorities about payments made by staff to police officers in Indonesia, a person familiar with the matter told Reuters.

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New Zealand election could put an obstacle in path to nailing TPP deal

WELLINGTON (Reuters) - If New Zealanders vote this weekend to change who governs them, that could create an obstacle to plans by members of the Trans-Pacific Partnership (TPP) to finalize a trade deal in November.

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UPDATE 4-Activist lifts Clariant stake, aiming to scuttle Huntsman deal

* Clariant reaffirms merger intent (Updates with comment from Huntsman)

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Asia stocks steady, dollar treads water as investors count down to Fed

TOKYO (Reuters) - Asian stocks were mostly steady on Wednesday after Wall Street again rose to record highs, although movements were limited as a wait-and-see mood prevailed before the Federal Reserve reveals its monetary policy stance later in the day.

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Wells Fargo's lone outsider aims to clean up bank's reputation

NEW YORK (Reuters) - Before a sales scandal upended its reputation, Wells Fargo & Co was something of a proud outsider in Washington and on Wall Street compared to its big bank peers.

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How $5 billion of debt caught up with Toys 'R' Us

(Reuters) - Toys "R" Us Inc has been making $400 million in interest payments on its debt every year, largely due to its $6.6 billion leveraged buyout in 2005. This week, it succumbed to its debt burden, leading to the biggest bankruptcy of a U.S. retailer since that of Kmart in 2004.

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Toshiba selects Bain group as buyer of its memory chip business: sources

TOKYO (Reuters) - Japan's Toshiba Corp has selected a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday, the latest dramatic twist to a highly contentious auction.

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Airbus opens China A330 plant amid market push

TIANJIN (Reuters) - Airbus SE on Wednesday opened its Chinese completion plant for A330 jets, with hopes that an increased presence in the world's fastest growing aviation market would help boost demand for the firm's profitable but ageing wide-body jets.

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Buffett calls pessimists about United States 'out of their mind'

NEW YORK (Reuters) - Uncertainty about how the United States will cope with growing tumult in the world has not dampened Warren Buffett's optimism for the country's prospects over the long term -- even 100 years into the future.

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Exclusive: Toshiba selects Bain group as buyer of its memory chip business - sources

TOKYO (Reuters) - Japan's embattled Toshiba Corp has selected a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday.

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Asia steady after Wall St sets record highs, dollar treads water

TOKYO (Reuters) - Asian stocks were mostly steady on Wednesday after Wall Street again rose to record highs, although movements were limited as a wait-and-see mood prevailed before the Federal Reserve reveals its monetary policy stance later in the day.

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Uber reviews Asia business over bribery allegations in U.S.: Bloomberg

(Reuters) - Uber Technologies Inc [UBER.UL], which is the subject of a federal probe into whether it broke bribery laws, has started a review of its Asia operations and notified U.S. officials about payments made by staff in Indonesia, Bloomberg reported, citing people with knowledge of the matter.

companyNews reuters.com

UPDATE 1-Progress Software pushes back against activist demands

Sept 19 (Reuters) - Progress Software Corp said on Tuesday that it would not follow activist investor Praesidium Investment Management's demands to replace the chairman of its board or buy a privately held company pitched by the hedge fund.

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Asia steady after Wall St. notches record highs, dollar holds firm

TOKYO (Reuters) - Asian stocks were mostly steady on Wednesday after Wall Street again rose to record highs, although movements were limited as a wait-and-see mood prevailed before the Federal Reserve reveals its monetary policy stance later in the day.

businessNews reuters.com

Cyber attack, hurricane weigh on FedEx quarterly profit

(Reuters) - Package delivery company FedEx Corp said on Tuesday a June cyber attack on its Dutch unit slashed $300 million from its quarterly profit, and the company lowered its full-year earnings forecast.

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Wall Street edges higher; U.S. Fed meeting in focus

(Reuters) - The three major U.S. stock indexes edged higher on Tuesday, logging closing records, with financial stocks providing the biggest boost a day ahead of the Federal Reserve's concluding statement from its two-day policy meeting.

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T-Mobile US explores takeover of Sprint: source

(Reuters) - U.S. wireless carrier T-Mobile US Inc is exploring taking over rival Sprint Corp in an all-stock deal, after SoftBank Group Corp offered to give up its majority ownership of Sprint, a person familiar with the matter said.

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Ford to cut production at five North American vehicle plants

DETROIT (Reuters) - Ford Motor Co said on Tuesday it plans to idle five North American vehicle assembly plants for a total of 10 weeks to reduce inventories of slow-selling models.

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FedEx quarterly profit falls

(Reuters) - Package delivery company FedEx Corp on Tuesday reported a lower quarterly net profit due to service disruptions following June's Petya cyber attack on its Dutch delivery unit TNT Express and the impact of Hurricane Harvey.

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Wall St edges up on financials as Fed eyed

NEW YORK (Reuters) - U.S. stocks closed slightly higher on Tuesday but trading was in a narrow range with financial stocks providing the biggest boost ahead of the conclusion of the Federal Reserve's two-day policy meeting.

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U.S. bankruptcy judge says will approve loan for Toys 'R' Us

WILMINGTON, Del (Reuters) - The U.S. Bankruptcy judge overseeing the Chapter 11 of Toys 'R' Us said on Tuesday he would approve the company's request to borrow more than $2 billion to help stabilize the largest U.S. toy chain as it builds inventory for the year-end shopping season.

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Wall St. edges up as U.S. Fed meeting is in focus

(Reuters) - U.S. stocks were slightly higher on Tuesday, helped by gains in financial, technology and telecom stocks, but indexes traded in a narrow range as investors stayed away from making major bets ahead of the Federal Reserve's policy meeting.

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U.S. watchdog settled for small fine over Wells Fargo phony accounts: report

WASHINGTON (Reuters) - A consumer watchdog agency could have levied $10 billion in penalties against Wells Fargo & Co last year for opening unauthorized customer accounts, but settled for a fraction of that to resolve the matter quickly, according to regulatory documents released on Tuesday.

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Exclusive: Toshiba flips back towards Western Digital group for chip unit sale - sources

TOKYO (Reuters) - Toshiba Corp is shifting back toward selling its prized semiconductor unit to a group backed by joint venture partner Western Digital Corp , people familiar with the deal said.

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Tesla shares fall from record high after warning from analyst

SAN FRANCISCO (Reuters) - Shares of Tesla fell from record highs on Tuesday after an analyst warned that the electric car maker may take longer than expected to become profitable.

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Exclusive: Toshiba flips back to favoring Western Digital group for chip unit sale - sources

TOKYO (Reuters) - Toshiba Corp is shifting back toward selling its prized semiconductor unit to a group backed by joint venture partner Western Digital Corp , just days after saying it was leaning toward a rival bid including a South Korean chipmaker, people familiar with the deal said in the latest in a series of twists for the critical deal.

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Massachusetts sues Equifax as hack concerns spread to Canada

(Reuters) - Massachusetts Attorney General Maura Healey filed a lawsuit on Tuesday against credit reporting firm Equifax Inc following a breach that exposed the personal data of up to 143 million people, including 3 million in the state.

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BRIEF-P&G says believes adding Peltz to its board would risk its progress​

* P&G says ‍strongly believes that putting someone like Nelson Peltz on P&G's board of directors "would risk derailing company's progress​" Source text for Eikon: Further company coverage:

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Wall St. edges up on telecom gains; Fed meet in focus

(Reuters) - U.S. stocks edged up in early afternoon trading on Tuesday, helped largely by gains in telecom stocks, but traded in a narrow range as investors stayed away from making major bets ahead of the Federal Reserve's policy meeting.

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Fiat Chrysler recalls 494,000 pickup trucks for fire risk

WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV said Tuesday it will recall 494,000 medium and heavy-duty Ram pickup trucks worldwide because of a water pump that could overheat and potentially cause a fire.

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BRIEF-eBay appoints Adriane Brown, Diana Farrell to board

* eBay appoints Adriane Brown and Diana Farrell to its board of directors

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Massachusetts sues Equifax for not protecting state residents

(Reuters) - Massachusetts Attorney General Maura Healey filed a lawsuit on Tuesday against credit reporting firm Equifax Inc following a breach that exposed the personal data of as many as 143 million people, including 3 million in the state.

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Wall St. little changed as investors focus on Fed meeting

(Reuters) - U.S. stocks were little changed on Tuesday as investors held back from making major bets ahead of the Federal Reserve's policy meeting that is expected to roll out a plan to pare the central bank's debt holdings.

businessNews reuters.com

Walgreens gets regulatory nod for slimmed-down Rite Aid deal

(Reuters) - U.S. antitrust regulators have allowed a slimmed-down deal for drugstore chain Walgreens Boots Alliance Inc to buy about 42 percent of Rite Aid Corp's U.S. stores for $4.38 billion, Walgreens said on Tuesday.

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Massachusetts sues Equifax for failing to protect state residents

WASHINGTON (Reuters) - Massachusetts Attorney General Maura Healey filed a lawsuit on Tuesday against credit reporting firm Equifax following a breach that exposed personal data about up to 143 million people, 3 million in Massachusetts.

businessNews reuters.com

Toys 'R' Us seeks bankruptcy to survive retail upheaval

(Reuters) - Toys 'R' Us Inc, the largest U.S. toy store chain, which filed for bankruptcy late Monday, will ask a judge on Tuesday for permission to borrow money so that it can start paying suppliers to ensure it has Lego building blocks and Barbie dolls for the holiday season.

businessNews reuters.com

Alibaba-backed Best Inc cuts expected price range for U.S. IPO

(Reuters) - Alibaba Group-backed Chinese logistics firm Best Inc on Tuesday slashed the expected price range of its U.S. initial public offering, one day before its market debut, suggesting tepid investor enthusiasm.

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T-Mobile, Sprint in merger talks: CNBC

(Reuters) - U.S. wireless carriers T-Mobile US Inc and Sprint Corp are said to be in active merger talks, CNBC reported, citing sources.

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Wall St. little changed ahead of Fed's policy meeting

(Reuters) - U.S. stocks were little changed in morning trading on Tuesday as investors avoided taking major bets ahead of the two-day Federal Reserve meeting that is expected to roll out a plan to pare the central bank's bond holdings.

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Saudi Aramco could disclose accounts early 2018: sources

LONDON/DUBAI (Reuters) - Saudi Aramco will be able to release its audited financial accounts in early 2018 if the government decides on a venue for listing the oil giant's IPO and finalizes several reforms this year, three sources said.

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BRIEF-Trian Partners' Peltz says the way P&G management is running co is dangerous - CNBC

* Trian Partners' Nelson Peltz says the way P&G management is running co is dangerous - CNBC

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Wall St. opens slightly higher ahead of Fed meet

(Reuters) - U.S. stocks opened slightly higher on Tuesday, with the Dow hitting another record, ahead of the two-day Federal Reserve meeting that is expected to roll out a plan to pare the central bank's bond holdings.

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Volvo Cars plans U.S. plant expansion, doubling investment: source

STOCKHOLM (Reuters) - Volvo Cars is doubling investment in its first U.S. plant under construction to add a second production line at a total cost of $1 billion, a source with knowledge of the plans said, as the carmaker heads for a fourth straight year of record sales.

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Walgreens gets regulator's nod to buy Rite Aid stores

(Reuters) - Drugstore chain Walgreens Boots Alliance Inc said on Tuesday it received regulatory clearance to buy 1,932 stores, 254 stores lesser than it had previously intended, from Rite Aid Corp for $4.38 billion.

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BRIEF-Luigi Nardella joins Canadian Metals board of directors

* Luigi Nardella, P.T., C.Q.S joins Canadian Metals board of directors Source text for Eikon: Further company coverage:

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Progress Software rejects activist investor's demands

(Reuters) - Progress Software Corp on Tuesday rejected calls by activist investor Praesidium Investment Management to change its acquisition strategy and replace the chairman of its board.

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Nokia's French jobs cut plan suspended until October 2: French minister

PARIS (Reuters) - Nokia's plan to cut almost 600 jobs in France is suspended until Oct. 2, French junior economy minister Benjamin Griveaux said on Tuesday after meeting the head of the Finnish telecom equipment maker's French unit.

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Futures slightly higher ahead of Federal Reserve meeting

(Reuters) - U.S. stock index futures were slightly higher on Tuesday, ahead of the Federal Reserve's two-day policy meeting, which would give investors clues on the timing of the next U.S. interest rate hike.

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Kohl's to accept Amazon returns in 82 stores

(Reuters) - Department store operator Kohl's Corp said on Tuesday that select merchandise bought from Amazon.com Inc can be returned at 82 Kohl's stores in Los Angeles and Chicago, starting October.

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Billionaire Ratcliffe seeks British backing for Defender-style 4x4

LONDON (Reuters) - An off-roader modeled on Land Rover's classic Defender could be rolling off British production lines if the owner of petrochemicals giant Ineos can win government backing for it.

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Airbus looks to China for A380 jumbo amid sluggish global sales

BEIJING (Reuters) - Chinese airlines could need between 60 and 100 Airbus A380 jets over the next five or so years as passenger traffic grows, the plane maker's China head said on Tuesday, amid rising questions over future demand for the super jumbo.

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Airbus eyes China for A380 jumbo amid sluggish global sales

BEIJING (Reuters) - Chinese airlines could need between 60 and 100 of Airbus SE's A380 jets over the next five or so years as passenger traffic grows, the plane maker's China head said on Tuesday, amid rising questions over future demand for the super jumbo.

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Swiss shut down 'fake' E-Coin in latest cryptocurrency crackdown

ZURICH (Reuters) - Switzerland's financial watchdog has closed down what it said was the provider of a fake cryptocurrency and is investigating around a dozen other possible fraud cases, in the latest clamp-down on the risks involving virtual money.

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Shares tap brakes, dollar reverses as Fed nears

LONDON (Reuters) - Record-high world stocks braked and the dollar dipped on Tuesday ahead of a two-day meeting of the Federal Reserve after which it is expected to detail plans to shrink its balance sheet and gradually keep lifting U.S. interest rates.

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RPT-Deutsche Bank CEO faces board grilling on turnaround progress

FRANKFURT, Sept 18 (Reuters) - Two years into the job as Deutsche Bank's chief executive, John Cryan faces its board this week amid growing investor frustration over the speed of his turnaround plans.

businessNews reuters.com

Activist lifts Clariant stake, aiming to scuttle Huntsman deal

ZURICH (Reuters) - The activist investor fighting Clariant's planned $20 billion merger with Huntsman Corp has built a 15.1 percent stake in the Swiss chemicals maker, making it the company's biggest shareholder.

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UPDATE 2-Activist lifts Clariant stake, aiming to scuttle Huntsman deal

* Investor says open to joining board of directors (Adds analyst quote, shares, details about shareholders meeting and Clariant talks with investors)

businessNews reuters.com

Bayer says needs more time for Monsanto deal approval

MONHEIM, Germany (Reuters) - German drugs and pesticides maker Bayer said it would likely take until early next year to complete the planned $66 billion takeover of U.S. seeds group Monsanto , which it had previously expected to be under wraps by the end of 2017.

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With new operating system, Apple revamps its money-making App Store

(Reuters) - Apple Inc's newest operating system for iPhones and iPads introduces changes to its marketplace for third-party software to satisfy app developers and add new so-called augmented reality apps.

businessNews reuters.com

Asian shares slip as investors await Fed meeting for rate clues

TOKYO (Reuters) - Asian shares slipped on Tuesday, hobbled by uncertainty as traders awaited a Federal Reserve meeting for clues on U.S. monetary policy, though sentiment was supported by record highs on Wall Street.

businessNews reuters.com

Activist builds 15.1 percent Clariant stake, fights Huntsman deal

ZURICH (Reuters) - The activist investor fighting Clariant's planned $20 billion merger with Huntsman Corp has built a 15.1 percent stake in the Swiss chemical maker, making it the company's biggest shareholder.

businessNews reuters.com

Toyota president says will continue to make variety of vehicle types

TOKYO (Reuters) - Toyota Motor Corp President Akio Toyoda on Tuesday said his company would continue to make a variety of vehicle types available to customers, even as tighter global regulations are prompting automakers to develop more electric vehicles.

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UPDATE 1-Activist builds 15.1 pct Clariant stake, fights Huntsman deal

* White Tale says has 15.1 pct Clariant stake, biggest shareholder

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U.S. hedge fund seeks Sina board seats, pushes for sale to Weibo

* US fund seeks two directors in Chinese media company's board

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Austrian minister says Airbus settlement still possible in lawsuit

VIENNA (Reuters) - Austria's defense minister said on Tuesday he stands by his legal complaint against Airbus about allegations of fraud over a $2 billion fighter deal but still considers an eventual out-of-court settlement an option.

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Toys 'R' Us files for bankruptcy ahead of holiday season

(Reuters) - Toys 'R' Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection late Monday, the latest sign of turmoil in the retail industry that is caught in a viselike grip of online shopping and discount chains.

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Activist has 15.1 pct Clariant stake, fights Huntsman deal

ZURICH, Sept 19 (Reuters) - Activist investor Keith Meister's Corvex hedge fund and New York's 40 North now hold a joint 15.1 percent stake in Clariant, as they push on with their fight against the Swiss chemical maker's planned $20 billion merger with Huntsman Corp.

businessNews reuters.com

Alibaba-backed logistics firm Best slashes proposed U.S. IPO: IFR

HONG KONG (Reuters) - Best Inc, a Chinese logistics company backed by Alibaba Group , slashed its proposed U.S. initial public offering after receiving tepid response from investors to its initial valuation, IFR reported on Tuesday, citing people close to the deal.

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Asian shares waver as investors await Fed meeting for rate clues

TOKYO (Reuters) - Asian shares slipped on Tuesday, supported by record highs on Wall Street but hobbled by uncertainty as traders awaited a Federal Reserve meeting for clues on U.S. monetary policy.

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Toys 'R' Us files for bankruptcy protection

(Reuters) - Toys "R" Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection on Monday, the latest sign of turmoil in the retail industry caught in a viselike grip of online shopping and discount chains.

businessNews reuters.com

Creditors back CBS's bid for Australia's Ten Network

SYDNEY (Reuters) - Creditors of Australia's embattled Ten Network Holdings Ltd on Tuesday agreed to a A$209.7 million ($167 million) buyout from CBS Corp , effectively ending a battle for control between the U.S. broadcasting giant and Lachlan Murdoch.

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Asian shares wobble as investors await Fed meeting for rate clues

TOKYO (Reuters) - Asian shares wavered on Tuesday, bolstered by record highs on Wall Street but hobbled by uncertainty as traders waited on a Federal Reserve meeting for clues on U.S. monetary policy.

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CBS raises bid for Australia's Ten Network

SYDNEY (Reuters) - CBS Corp has sweetened its bid for Australian broadcaster Ten Network Holdings Ltd , ahead of a key creditors' vote later on Tuesday on the future of the company.

companyNews reuters.com

BRIEF-Aristeia Capital nominates two independent candidates for election to Sina's board

* Owning about 3 million shares of Sina issued statement on decision to nominate two independent candidates for election to Sina's board

worldNews reuters.com

Venezuela opposition blames Maduro for detained activist's death

CARACAS (Reuters) - Venezuela's opposition blamed President Nicolas Maduro's government on Monday for the death of a sick activist in detention, saying he was framed and then denied medical help.

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Toy companies' shares tumble on concerns of Toys 'R' Us bankruptcy

(Reuters) - Shares of U.S. toy companies Mattel Inc and Hasbro Inc fell on Monday on concerns that retailer Toys "R" Us, a major customer, could be filing for bankruptcy protection before the holiday sales season.

companyNews reuters.com

BRIEF-Allstate says Gregg Sherrill, executive chairman of Tenneco has been elected to co's board of directors

* Allstate Corp - Gregg M. Sherrill, executive chairman of Tenneco Inc, has been elected to Allstate’s board of directors, effective October 1

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FedEx to raise shipping rates for some services

(Reuters) - Package delivery company FedEx Corp said on Monday it would raise shipping rates for some of its services from Jan. 1.

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Sale of ex-Trump aide Scaramucci's SkyBridge on track: executive

BOSTON (Reuters) - The sale of former White House communications director Anthony Scaramucci's SkyBridge Capital LLC hedge fund investment firm to a consortium that includes a Chinese buyer is still on track, with the closing date expected in late September, the firm's chief investment officer said on Monday.

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Country music singer Thomas Rhett debuts atop Billboard chart

LOS ANGELES (Reuters) - Country singer Thomas Rhett's latest album debuted at the top of the weekly U.S. Billboard 200 album chart on Monday, leading six new entries in the top 10.

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Chipotle slides as customers turn up noses at cheese dip

SAN FRANCISCO (Reuters) - Shares of Chipotle Mexican Grill sank more than 3 percent on Monday as customers on social media turned up their noses at the burrito seller's new "queso" cheese topping.

worldNews reuters.com

Venezuela opposition blames Maduro for activist's jail death

CARACAS (Reuters) - Venezuela's opposition blamed President Nicolas Maduro's government on Monday for the death of a sick activist in jail, saying he was framed and then denied medical help.

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Toy companies' shares fall on concerns of Toys 'R' Us bankruptcy

(Reuters) - Shares of U.S. toy companies Mattel Inc and Hasbro Inc fell on Monday on concerns that retailer Toys "R" Us, a major customer, could be filing for bankruptcy before the holiday sales season.

businessNews reuters.com

Chipotle slides as customers turn up nose at cheese dip

SAN FRANCISCO (Reuters) - Shares of Chipotle Mexican Grill sank 3 percent on Monday as customers on social media turned up their noses at the burrito seller's new "queso" cheese topping.

businessNews reuters.com

Wall St. clings to records, helped by banks; tech falters

(Reuters) - The S&P 500 clung to a small gain on Monday, led by financial stocks ahead of a Federal Reserve meeting, while Nasdaq pared gains sharply as technology stocks reversed course after news of a pricing change at Amazon.com's web services business.

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Banks, chips help Wall St. scale record levels

(Reuters) - The three major U.S. indexes were trading at record levels on Monday, powered by gains in financial, technology and industrial stocks, with focus on Federal Reserve's policy meet.

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Justice Department barred from sharing Volkswagen documents: judge

WASHINGTON (Reuters) - A federal magistrate judge blocked the U.S. Justice Department from sharing with a German law firm 25 million pages of records disclosed by Volkswagen AG in the government's diesel emissions investigation.

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Honda invests $267 million, to add 300 jobs for new Accord model

DETROIT (Reuters) - Honda Motor Co Ltd said on Monday its has invested $267 million and will add 300 new jobs to support increased production of its revamped 2018 Accord sedan model at the Japanese automaker's plant in Marysville, Ohio.