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U.S. justices question Arab Bank liability in militant attacks

domesticNews reuters.com

WASHINGTON (Reuters) - Conservative U.S. Supreme Court justices on Wednesday signaled concern about allowing companies to be sued under American law for human rights abuses abroad in a case involving allegations that Arab Bank Plc helped finance militant attacks in Israel and the Palestinian territories. [Source]

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BRIEF-Electromed Inc Says Renewed Its $2.5 Million Revolving Line Of Credit With Venture Bank

* ELECTROMED INC - ON DEC 12, CO RENEWED ITS $2.5 MILLION REVOLVING LINE OF CREDIT WITH VENTURE BANK PURSUANT TO RIDER TO BUSINESS LOAN AGREEMENT

domesticNews reuters.com

Perfect storm of overconfidence, poor training sank El Faro: U.S. authorities

WASHINGTON (Reuters) - The freighter El Faro sank in 2015, killing all 33 people aboard, after an overconfident captain let the ship steam into a hurricane, while poor training and equipment also factored into the worst U.S. maritime disaster in three decades, a federal safety board said on Tuesday.

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UPDATE 1-Brazil banks agree to reimburse depositors for losses

BRASILIA, Dec 12 (Reuters) - Brazilian banks agreed on Tuesday to compensate depositors for losses from government plans that tackled hyperinflation in the 1980s and 1990s, settling over a million legal disputes that have hung over the country's banking system.

businessNews reuters.com

S&P, Dow rise with help from banks, Nasdaq lags

(Reuters) - Wall Street stocks were higher on Tuesday afternoon with the biggest boost from the financial sectors as investors bet on strong economic growth a day ahead of the U.S. Federal Reserve's widely-expected hike in interest rates.

companyNews reuters.com

US STOCKS-S&P, Dow rise with help from banks, Nasdaq lags

* Indexes: Dow up 0.64 pct, S&P up 0.34 pct, Nasdaq down 0.02 pct (Updates to late afternoon, adds commentary, changes byline)

businessNews reuters.com

S&P, Dow at record levels as Boeing, bank stocks gain

(Reuters) - The S&P and the Dow hit record levels in early afternoon trading on Tuesday as Boeing rose and bank stocks gained ahead of a near certain move by the Federal Reserve to raise interest rate.

domesticNews reuters.com

El Faro captain ignored storm reports before tragedy: U.S. authorities

WASHINGTON (Reuters) - The freighter El Faro sank in 2015, killing all 33 people aboard in the worst U.S. maritime disaster in three decades, after the captain ignored reports the ship was heading directly into a strengthening hurricane, a U.S. safety board concluded on Tuesday.

businessNews reuters.com

Boeing, bank stocks lift Dow, S&P; techs drag on Nasdaq

(Reuters) - The S&P 500 and the Dow advanced in late morning trade on Tuesday as Boeing's shares hit a record and bank stocks rose ahead of a near certain move by the Federal Reserve to raise interest rate.

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UPDATE 1-Banks eye Paris airports operator in Macron privatisation drive -sources

LONDON/FRANKFURT, Dec 12 (Reuters) - Investment banks are vying to work with potential buyers or the French government on the sale of its majority stake in Aeroports de Paris (ADP) , sources close to the matter said, in one of the largest infrastructure deals expected to come to market in 2018.

businessNews reuters.com

Boeing, bank stocks lift Dow, techs weigh on S&P, Nasdaq

(Reuters) - The Dow Jones Industrial Average edged higher on Tuesday, with a 3 percent jump in shares of Boeing and rise in financial stocks, while losses in technology stocks weighed on the S&P 500 and the Nasdaq.

companyNews reuters.com

US STOCKS-Boeing, bank stocks lift Dow, techs weigh on S&P, Nasdaq

* Indexes: Dow up 0.30 pct, S&P up 0.04 pct, Nasdaq off 0.1 pct (Updates to open)

companyNews reuters.com

BRIEF-JG Wentworth Says Co, Units Filed Voluntary Cases Under Chapter 11 In United States Bankruptcy Court

* JG WENTWORTH SAYS ON DEC 12, CO, UNITS FILED VOLUNTARY CASES UNDER CHAPTER 11 IN UNITED STATES BANKRUPTCY COURT FOR DISTRICT OF DELAWARE - SEC FILING

domesticNews reuters.com

Trump denies accusations of sexual misconduct, attacks Democrats

WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday that he did not know the women who have accused him of sexual misconduct and alleged their claims were a political attack pushed by Democrats, rejecting renewed calls to look into his behavior.

companyNews reuters.com

BRIEF-Dextera Surgical Files For Chapter 11 Bankruptcy

* DEXTERA SURGICAL FILES FOR CHAPTER 11 BANKRUPTCY AND SIGNS ASSET PURCHASE AGREEMENT WITH AESCULAP, INC.

environmentNews reuters.com

World Bank says will cease financing upstream oil and gas after 2019

PARIS (Reuters) - The World Bank said on Tuesday it will no longer finance upstream oil and gas projects after 2019, apart from certain gas projects in the poorest countries in exceptional circumstances.

worldNews reuters.com

Turkey chides Arabs for 'weak' reaction ahead of Jerusalem summit

ANKARA/ISTANBUL (Reuters) - Turkey criticized what it said was a feeble Arab reaction to the U.S. decision to recognize Jerusalem as Israel's capital, saying on the eve of Wednesday's Muslim summit in Istanbul that some Arab countries were scared of angering Washington.

domesticNews reuters.com

San Francisco Mayor Ed Lee dies at 65: mayor's office

SAN FRANCISCO (Reuters) - San Francisco Mayor Ed Lee died early on Tuesday, the mayor's office said in a statement that did not cite the cause of death.

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Special Report: Unfettered construction raises U.S. hurricane costs

PATTON VILLAGE, Texas (Reuters) - When Hurricane Harvey sent two feet of water rolling into this small community about 35 miles north of Houston, Alfredo Becerra had to flee his modest 1,500-square-foot house.

domesticNews reuters.com

San Francisco Mayor Ed Lee dies at age 65: local media

(Reuters) - San Francisco Mayor Ed Lee died early on Tuesday, local media reported.

domesticNews reuters.com

U.S. safety board to review final report on 2015 El Faro sinking

WASHINGTON (Reuters) - U.S. safety officials were due to meet on Tuesday to discuss their final report on the 2015 sinking of the El Faro freighter, which killed all 33 crew members in the worst cargo shipping disaster involving a U.S.-flagged vessel in more than three decades.

companyNews reuters.com

M&A dominates Europe share trading; weak banks offset oil boost

LONDON, Dec 12 (Reuters) - Mergers and acquisitions dominated early European share trading on Tuesday, while strong oil and tech stocks were not enough to offset a decline in banks.

technologyNews reuters.com

Philippine bank accuses Bangladesh of heist 'cover-up'

MANILA (Reuters) - The Philippines bank through which $81 million stolen from Bangladesh's central bank was channeled in February 2016 has accused Dhaka's monetary authority of covering up its negligence and demanded that it stop making the bank a "scapegoat."

domesticNews reuters.com

U.S. soldier who deserted to North Korea in 1965 dies aged 77

TOKYO (Reuters) - A U.S. soldier who deserted to North Korea more than half a century ago, but who was eventually allowed to leave the secretive state, has died in Japan aged 77.

domesticNews reuters.com

Houston man arrested for trying to aid Islamic State: U.S. government

WASHINGTON (Reuters) - An 18-year-old Houston man was charged on Monday with trying to support the radical group Islamic State and distributing information about how to make bombs, the U.S. Justice Department said.

domesticNews reuters.com

Ex-investigator tells of fleeing Turkey with evidence of corruption

(Reuters) - A former Turkish police investigator told jurors in a New York court on Monday of fleeing Turkey in 2016 out of fear of retaliation from the government after leading a corruption investigation involving high-ranking officials, taking his evidence with him.

domesticNews reuters.com

'Soup Nazi' company's former CFO pleads guilty to tax evasion

NEW YORK (Reuters) - The former chief financial officer of a company that licensed the name and recipes of the chef who inspired the tyrannical “Soup Nazi” character on the TV comedy “Seinfeld” pleaded guilty on Monday to tax evasion, according to court records.

worldNews reuters.com

British banker to appeal against life sentence for Hong Kong double murder

HONG KONG (Reuters) - A British banker, jailed for life in Hong Kong last year for the murder of two Indonesian women he tortured and raped in his luxury apartment, is due to launch an appeal on Tuesday.

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:

domesticNews reuters.com

U.S. not granting loan relief to defrauded students: inspector general

WASHINGTON (Reuters) - The U.S. Education Department under President Donald Trump and Secretary Betsy DeVos has stopped cancelling the student-loan debt of people defrauded by failed for-profit schools and those borrowers face mounting interest and other burdens, its inspector general said on Monday.

domesticNews reuters.com

U.S. judge warns of mistrial in Nevada rancher Bundy's trial

LAS VEGAS (Reuters) - A U.S. federal judge in the criminal conspiracy trial of Nevada rancher Cliven Bundy and three other men on Monday warned that prosecutors' failure to produce documents that could support defense arguments could lead to a mistrial.

businessNews reuters.com

Hackers hit U.S., Russian banks in ATM robbery scam: report

FRANKFURT (Reuters) - A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.

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UPDATE 1-Hackers hit U.S., Russian banks in ATM robbery scam-report

FRANKFURT, Dec 11 (Reuters) - A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.

businessNews reuters.com

Hackers hit major ATM network after U.S., Russian bank breaches: report

FRANKFURT (Reuters) - A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.

businessNews reuters.com

Japan's SMBC Nikko poised to poach bankers in push for U.S. growth

TOKYO (Reuters) - Sumitomo Mitsui Financial Group Inc's brokerage unit is ready to poach bankers to expand its U.S. investment banking arm and could even buy small firms if the right target comes up, its chief executive said.

companyNews reuters.com

CANADA STOCKS-TSX slips at open as banks, railways move lower

TORONTO, Dec 11 (Reuters) - Canada's main stock index edged lower in early trade on Monday, with declines in banks and railway stocks offsetting small overall gains for the materials sector.

domesticNews reuters.com

U.S. high court turns away dispute over gay worker protections

(Reuters) - The U.S. Supreme Court on Monday refused to hear an appeal by a Georgia security guard who said she was harassed and forced from her job because she is a lesbian, avoiding an opportunity to decide whether a federal law that bans gender-based bias also outlaws discrimination based on sexual orientation.

domesticNews reuters.com

HSBC draws line under Mexican cartel case after five-years on probation

LONDON (Reuters) - HSBC drew a line under its punishment for lapses in anti-money laundering controls on Monday, saying the U.S. Department of Justice (DoJ) would end its deferred prosecution agreement, lifting the threat of further penalties.

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BRIEF-Laurentian Bank Of Canada says on Dec 5, disclosed issues arising from a review of mortgages that it had sold to a third party purchaser

* Laurentian Bank Of Canada - On Dec 5, co disclosed issues arising from a review of mortgages that it had sold to a third party purchaser

cnn.com

Saudi Arabia lifts 35-year cinema ban

Movies nytimes.com

Saudi Arabia to Allow Movie Theaters After 35-Year Ban

The move was seen as part of a drive by Prince Mohammed bin Salman in a broad campaign to transform Saudi society.

topNews reuters.com

Seeking to extend martial law in Philippine south, Duterte says militants regrouping

MANILA (Reuters) - Philippine President Rodrigo Duterte on Monday asked Congress to extend martial law on the southern island of Mindanao for a year, arguing that Islamist militants have been regrouping since a five-month urban conflict ended there in October.

worldNews reuters.com

Saudi Arabia says cinemas will be allowed from early 2018

DUBAI (Reuters) - Saudi Arabia said on Monday that public cinemas would be allowed in the conservative kingdom and the first cinemas were likely to open early next year.

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.

worldNews reuters.com

Pakistan says over 300 Baloch separatist militants surrender

ISLAMABAD (Reuters) - More than 300 Baloch separatist militants have surrendered over the past few months, Pakistani government officials said, after a ceremony to mark the downing of guns and militants' return to civilian life.

topNews reuters.com

Anti-Trump protests wane in Jerusalem, West Bank; flare in Beirut

JERUSALEM (Reuters) - Palestinian protests waned in the occupied West Bank and in the Gaza Strip on Sunday while violence flared near the U.S. embassy in Beirut over U.S. President Donald Trump's decision to recognize Jerusalem as Israel's capital.

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Bangladesh minister says wants to 'wipe out' Manila bank for heist role

DHAKA (Reuters) - Bangladesh's finance minister said late on Saturday he wanted to "wipe out" a Philippines bank that was used to channel $81 million stolen from the Bangladeshi central bank's account with the Federal Reserve Bank of New York last year.

worldNews reuters.com

Trump's Jerusalem decision could help militants: UAE's Sheikh Mohammed

DUBAI (Reuters) - U.S President Donald Trump's decision to recognize Jerusalem as Israel's capital could provide a lifeline to militants after the setbacks they suffered this year, the de facto leader of the United Arab Emirates (UAE) has warned.

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U.N. says missiles fired at Saudi Arabia have 'common origin'

UNITED NATIONS (Reuters) - United Nations officials have found that missiles fired at Saudi Arabia by Yemen's Houthi rebels appear to have a "common origin," but they are still investigating U.S. and Saudi claims that Iran supplied them, according to a confidential report.

Jews and Judaism nytimes.com

Daily Life in Jerusalem? ‘Difficult’ and ‘Intense’ for Arab and Jew

For residents of Jerusalem, over which the world has been battling for thousands of years, everyday frictions can be draining on both sides of the Green Line.

domesticNews reuters.com

California's Getty museum survives wildfire, ready for quakes

(Reuters) - Southern California's Getty Center, one of the world's wealthiest art institutions, said it had survived a wildfire tearing through Los Angeles thanks to a disaster plan that has it ready for earthquakes as well.

domesticNews reuters.com

Court upholds conviction in 'Making of a Murderer' case

(Reuters) - A federal appeals court on Friday upheld the murder conviction of a Wisconsin man in a case chronicled in the television documentary “Making of a Murderer," overturning a lower court judge who had tossed out the original guilty verdict.

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Priest gets life sentence in cold-case murder of Texas beauty queen

SAN ANTONIO (Reuters) - A retired Catholic priest convicted of murdering a former beauty queen who came to him for confession was sentenced to life in prison by a jury in south Texas on Friday, local media reported, ending a cold case that has troubled the community for nearly 60 years.

Museums nytimes.com

Saudi Arabia Disputes That Crown Prince Bought ‘Salvator Mundi’

Its embassy in Washington said the crown prince merely acted as an “intermediary purchaser” for Abu Dhabi. American officials say otherwise.

domesticNews reuters.com

U.S. top court blocks release of Trump 'Dreamer' immigrant documents

WASHINGTON (Reuters) - The U.S. Supreme Court on Friday granted a request by President Donald Trump's administration to block the immediate release of documents concerning his decision to end a program that shielded from deportation hundreds of thousands of young adults dubbed "Dreamers" brought into the country illegally as children.

domesticNews reuters.com

New Mexico school gunman was ex-student investigated by FBI

TAOS, New Mexico (Reuters) - A gunman who killed two students at a New Mexico high school and then took his own life was a former student who was investigated by the U.S. Federal Bureau of Investigation last year after he asked online about buying weapons for a mass shooting, officials said on Friday.

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Boston Herald files for bankruptcy protection to pursue sale

SAN FRANCISCO, Dec 8 (Reuters) - The parent company of the Boston Herald filed for Chapter 11 bankruptcy on Friday and will look to sell the newspaper to Gatehouse Media LLC, a move that underscores the hard times facing traditional print journalism.

domesticNews reuters.com

Ex-Penn State coach Sandusky's son sentenced for child sex crimes

(Reuters) - The adopted son of Jerry Sandusky, the former Penn State University assistant football coach convicted of sexually abusing young boys, was sentenced on Friday to serve up to seven years in prison for child sex crimes, a court official said.

worldNews reuters.com

U.S. military says airstrikes kill five al Qaeda militants in Yemen

WASHINGTON (Reuters) - The U.S. military said on Friday it carried out airstrikes on Nov. 20 in Yemen's al Bayda province that killed five militants from al Qaeda's affiliate there, including Mujahid al-Adani, whom it described as one of the group's leaders.

domesticNews reuters.com

U.S. has begun fully implementing Trump travel ban: State Dept.

WASHINGTON (Reuters) - The U.S. State Department said it began fully implementing President Donald Trump's travel ban targeting six Muslim-majority countries on Friday, four days after the Supreme Court ruled the order could be enforced while legal appeals continue.

businessNews reuters.com

Deutsche Bank can cope with Basel III outcome: CFO in paper

BERLIN (Reuters) - Deutsche Bank is able to cope with the stricter capital rules on banks that were agreed this week, its finance chief told a German paper.

domesticNews reuters.com

Trump declares emergency in California over wildfires

WASHINGTON (Reuters) - U.S. President Donald Trump on Friday declared a state of emergency in California due to raging wildfires that have destroyed hundreds of structures and forced thousands from their homes.

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.

companyNews reuters.com

UPDATE 1-China imposes record fine on Guangfa Bank over guarantees for defaulted bonds

BEIJING, Dec 8 (Reuters) - China's banking regulator has confiscated illegal income and imposed fines on China Guangfa Bank Co totalling 722 million yuan ($109 million) for providing illegal guarantees for defaulted corporate bonds sold through an Alibaba-backed online finance platform, it said on Friday.

domesticNews reuters.com

Fugitive, convicted of $100 million Ponzi scheme, escapes from prison

(Reuters) - U.S. authorities are searching for a fugitive who escaped a federal minimum-security work camp in California, where he was being held for duping investors out of more than $100 million, local media reported.

worldNews reuters.com

China warns of imminent attacks by "terrorists" in Pakistan

BEIJING (Reuters) - China on Friday warned its nationals in Pakistan of plans for a series of imminent "terrorist attacks" on Chinese targets there, an unusual alert as it pours funds into infrastructure projects into a country plagued by militancy.

companyNews reuters.com

China Guangfa Bank fined $109 million for rule violation - regulator

BEIJING, Dec 8 (Reuters) - China's banking regulator has fined China Guangfa Bank Co 722 million yuan ($109.12 million) for providing illegal guarantees for defaulted corporate bonds, it said on Friday.

companyNews reuters.com

UPDATE 1-SoftBank to invest $300 mln in food delivery firm DoorDash - Recode

Dec 7 (Reuters) - SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported.

companyNews reuters.com

BRIEF-India's City Union Bank Says Mastercard Reported Improper Debit Card Transactions To Co

* SAYS MASTERCARD RECENTLY REPORTED TO CO CERTAIN SET OF IMPROPER DEBIT CARD TRANSACTIONS

technologyNews reuters.com

SoftBank to invest $300 million in food delivery firm DoorDash: Recode

(Reuters) - SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported.

companyNews reuters.com

SoftBank to invest $300 mln in food delivery firm DoorDash - Recode

Dec 7 (Reuters) - SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported.

companyNews reuters.com

BRIEF-SoftBank Is Preparing To Invest Around $300 Million Into The Food Delivery Startup Doordash- Recode, Citing Sources

* SOFTBANK IS PREPARING TO INVEST AROUND $300 MILLION INTO THE FOOD DELIVERY STARTUP DOORDASH- RECODE, CITING SOURCES Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Luther Burbank Corporation Announces Pricing Of Initial Public Offering

* SAYS INITIAL PUBLIC OFFERING OF 12.2 MILLION COMMON SHARES PRICED AT $10.75PER SHARE

businessNews reuters.com

Exclusive: Bangladesh Bank, NY Fed discuss suing Manila bank for heist damages

DHAKA (Reuters) - Bangladesh's central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world's biggest cyber-heists, several sources said.

domesticNews reuters.com

Indiana police officer reinstated after 'white male privilege' remark

(Reuters) - A female Indiana police officer suspended after calling out a fellow officer for "white male privilege" during a transgender awareness training session was reinstated on Thursday.

domesticNews reuters.com

Two students, gunman dead in New Mexico school shooting

(Reuters) - A gunman fatally shot two students at a high school in New Mexico on Thursday, before he himself died, state and local police said.

domesticNews reuters.com

Be 'ready to GO!' Southern California warns residents as fires rage

FARIA BEACH, Calif. (Reuters) - Fanned by gusting winds, wildfires raged in densely populated Southern California for a fourth day on Thursday, forcing 200,000 people to flee their homes with dangerous conditions forecast until Sunday.

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.

domesticNews reuters.com

U.S. to deport Ohio man charged with hiding role in Bosnian massacre

(Reuters) - An Ohio man accused of serving with a paramilitary police unit that participated in the 1995 Serbian massacre of 8,000 Muslim Bosnians will be deported under a plea deal reached Thursday in federal court.

companyNews reuters.com

BRIEF-Investors Bank Announces Workforce Reduction And Branch Closures

* INVESTORS BANK ANNOUNCES WORKFORCE REDUCTION AND BRANCH CLOSURES

domesticNews reuters.com

Gold trader Zarrab says he was threatened in jail for cooperating with U.S.

NEW YORK (Reuters) - A Turkish-Iranian gold trader testifying for U.S. prosecutors in a criminal trial involving sanctions against Iran said on Thursday that he was removed from a New York federal jail after another inmate threatened to kill him for cooperating with authorities.

worldNews reuters.com

White House says it believes Saudi Arabia will open Yemen port

WASHINGTON (Reuters) - The White House said on Thursday it believed that Saudi Arabia would allow a blocked port in Yemen to open after President Donald Trump urged Riyadh to lift a blockade to let humanitarian aid reach the Yemeni people.

domesticNews reuters.com

Gunman, two students dead after New Mexico high school shooting

(Reuters) - A suspected shooter opened fire at a high school in New Mexico on Thursday, killing two students before being killed, according to police and officials from the nearby Navajo Nation.

domesticNews reuters.com

U.S. Justice Department taps prosecutor to oversee asset forfeiture program

WASHINGTON (Reuters) - The U.S. Justice Department has tapped a North Carolina-based prosecutor for a new role designed to provide more checks and balances to its civil asset forfeiture program, following criticism of its abuse by the police.

worldNews reuters.com

White House says it believes Saudi Arabia to allow a Yemeni port to open

WASHINGTON (Reuters) - The White House said on Thursday it had reason to believe that Saudi Arabia would allow a blocked port in Yemen to open.

domesticNews reuters.com

Ex-South Carolina cop gets 20 years in prison for black motorist's death

CHARLESTON, S.C. (Reuters) - The white former policeman caught on video shooting an unarmed black man in the back after a 2015 traffic stop in South Carolina was sentenced on Thursday to 20 years in prison, with a federal judge ruling that the killing amounted to murder.

technologyNews reuters.com

Deutsche Bank says more regulation of cryptocurrencies needed

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

domesticNews reuters.com

Low water halts shipping on Ohio River near Paducah, Ky.: U.S.Army Corps

(Reuters) - The Ohio River was closed to shipping traffic at locks and dam 52 in Paducah, Kentucky, on Wednesday due to low water after a vessel ran aground in the area, the U.S. Army Corps of Engineers said on Thursday.

domesticNews reuters.com

Gunman, two others dead after New Mexico high school shooting

(Reuters) - A shooter opened fire at a high school in New Mexico on Thursday, killing two students before being shot dead, according to police and officials from the nearby Navajo Nation.

domesticNews reuters.com

Ex-South Carolina cop sentenced to 20 years in prison for black motorist's death

CHARLESTON, S.C. (Reuters) - A white former South Carolina policeman caught on video shooting an unarmed black man in the back was sentenced to 20 years in prison on Thursday in a federal civil rights case connected to the 2015 killing.

domesticNews reuters.com

Indiana officer suspended for 'white male privilege' remark to learn fate

(Reuters) - A female Indiana police officer suspended after calling out a fellow officer for "white male privilege" during a transgender awareness training session may learn her job status on Thursday.

companyNews reuters.com

CANADA STOCKS-TSX rises with banks, energy stocks

TORONTO, Dec 7 (Reuters) - Canada's main stock index ticked higher in early trade on Thursday, helped by gains among its heavyweight financial and energy sectors.

companyNews reuters.com

BRIEF-Molina Healthcare - On Dec 4 Co Entered Commitment Letter With Suntrust Bank And SunTrust Robinson Humphrey

* MOLINA HEALTHCARE - ON DEC 4 CO ENTERED COMMITMENT LETTER WITH SUNTRUST BANK AND SUNTRUST ROBINSON HUMPHREY - SEC FILING

The Daily nytimes.com

The Daily: Listen to ‘The Daily’: Arab Anger and Resignation Over Jerusalem

The Palestinian issue seems to no longer be at the top of the agenda for many Arab leaders. Also, what it’s like to visit the Saudi crown prince.

companyNews reuters.com

BRIEF-Raytheon Forms New Subsidiary In The United Arab Emirates

* RAYTHEON CO SAYS ANNOUNCING IT HAS FORMED RAYTHEON EMIRATES, A NEW, WHOLLY OWNED SUBSIDIARY INCORPORATED AND HEADQUARTERED IN ABU DHABI

businessNews reuters.com

HSBC has 3-year head start on foreign investment banking rivals in China: Gulliver

HONG KONG (Reuters) - HSBC has a three-year head start on its foreign investment banking rivals in China because of the British bank's unique position of having management control of its securities venture there, chief executive Stuart Gulliver said on Thursday.

Palestinians nytimes.com

In the Arab World, the Rallying Cry of Jerusalem May Have Lost Its Force

The U.S. recognition of Jerusalem as Israel’s capital deals a blow to an aspiration of the Arab world. But for many Arab leaders, the issue has been displaced by other priorities.

domesticNews reuters.com

Lawsuit sets stage for long legal battle over U.S. consumer watchdog

WASHINGTON (Reuters) - Attorneys for Leandra English, the deputy director of the U.S. Consumer Financial Protection Bureau (CFPB), on Wednesday filed fresh paperwork challenging President Donald Trump and his pick to lead the consumer watchdog.

worldNews reuters.com

Venezuela's Ramirez attacks efforts to link him to corruption

HOUSTON (Reuters) - Venezuela's former oil czar Rafael Ramirez said on Wednesday the government would make one of its "worst political moves" if investigators target him in an anti-corruption purge, which is gaining traction ahead of the country's 2018 presidential election.

domesticNews reuters.com

Ex-South Carolina cop could soon learn fate for motorist's shooting

CHARLESTON, S.C. (Reuters) - A white former police officer who shot and killed an unarmed black man fleeing a 2015 traffic stop in South Carolina could learn as soon as Thursday whether he will spend the rest of his life in prison for violating the motorist's civil rights.

companyNews reuters.com

CORRECTED-UPDATE 5-Trump lawyer denies Deutsche Bank got subpoena on Trump accounts

FRANKFURT/WASHINGTON, Dec 5 (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by people or entities close to President Donald Trump, a person close to the matter said on Tuesday.

topNews reuters.com

Arabs, Europe, U.N. reject Trump's recognition of Jerusalem as Israeli capital

LONDON (Reuters) - Arabs and Muslims across the Middle East on Wednesday condemned the U.S. recognition of Jerusalem as Israel's capital as an incendiary move in a volatile region and Palestinians said Washington was ditching its leading role as a peace mediator.

worldNews reuters.com

Trump asks Saudi Arabia to allow immediate aid to Yemen

WASHINGTON (Reuters) - U.S. President Donald Trump called for Saudi Arabia on Wednesday to immediately allow humanitarian aid to reach people in Yemen, suggesting Washington had run out patience with a Saudi-led blockade that has been condemned by human rights groups.

domesticNews reuters.com

Florida man sentenced to 15 years in prison for vandalizing mosque

FORT LAUDERDALE, Fla. (Reuters) - A man who vandalized a Florida mosque in January 2016 and left a raw slab of bacon on its doorstep was sentenced to 15 years in prison on a hate crime conviction, a state attorney's spokesman said on Wednesday.

domesticNews reuters.com

Son seeks stiff penalty for South Carolina policeman who killed his father

CHARLESTON, S.C. (Reuters) - The son of a black South Carolina motorist killed by a white police officer as he fled a 2015 traffic stop asked a federal judge on Wednesday to sentence the former patrolman to life in prison for the death of his father.

cnn.com

Bankrupt Toys 'R' Us puts aside $16 million for executive bonuses

domesticNews reuters.com

U.S. attorney general calls for efficient review of immigration cases

WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions on Wednesday called on the nation's immigration courts to decide cases more efficiently, amid a burgeoning backlog that is hampering the Trump administration's efforts to deport more illegal immigrants.

businessNews reuters.com

U.S. Comptroller halts plan to remove in-house bank examiners

WASHINGTON (Reuters) - Bank examiners can continue working inside the banks they supervise, U.S. Comptroller of the Currency Joseph Otting said on Wednesday, in a policy reversal for the U.S. banking regulator.

domesticNews reuters.com

Sign-ups pick up in week five of 2018 Obamacare open enrollment: U.S.

WASHINGTON (Reuters) - The number of people signing up for 2018 Obamacare plans picked up significantly during the fifth week of open enrollment, a U.S. government agency reported on Wednesday, but the number of people signed up for such plans appears to be falling short of last year's numbers with just over a week of enrollment left.

companyNews reuters.com

MOVES-Houlihan Lokey government services bankers decamp for Baird

WASHINGTON, Dec 6 (Reuters) - Two senior investment bankers specializing in government services, aerospace and defense are departing boutique investment bank Houlihan Lokey Inc for competitor Robert W. Baird, three people familiar with the moves said on Wednesday.

worldNews reuters.com

U.S. asks officials to defer travel to Israel, West Bank to December 20

WASHINGTON (Reuters) - The U.S. State Department issued a cable to all its diplomatic posts worldwide on Wednesday asking its officials to defer non-essential travel to Israel, Jerusalem and the West Bank until Dec. 20 according to a copy of the cable seen by Reuters.

domesticNews reuters.com

U.S. Air Force unveils criminal reporting reforms in wake of Texas shooting

WASHINGTON (Reuters) - The U.S. Air Force is toughening its rules for reporting criminal records to the government's gun owner background check database, after a man convicted of assault while in the service was able to purchase guns and later shot and killed 26 people in a Texas church.

domesticNews reuters.com

Attorney general calls for expedient review of immigration cases

WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions issued a memo on Wednesday calling on the Justice Department's Executive Office for immigration Review to take steps to expedite its adjudication of immigration cases.

domesticNews reuters.com

Turkey links U.S. judge in sanctions case to wanted cleric

ANKARA (Reuters) - President Tayyip Erdogan's spokesman said on Wednesday the U.S. judge hearing the trial of an executive at Turkey's state-owned Halkbank had taken part in events organized by a cleric Ankara blames for last year's failed military coup.

topNews reuters.com

Frustration and fury among Arabs at Trump's Jerusalem declaration

CAIRO/AMMAN/BEIRUT (Reuters) - Arabs denounced President Donald Trump's plan to move the U.S. embassy in Israel to Jerusalem as a slap in the face but few thought their governments would do much in response.

domesticNews reuters.com

U.S. says Dentsply Sirona to pay $1.2 million settlement over exports to Iran

WASHINGTON (Reuters) - Dentsply Sirona Inc has agreed to pay $1.2 million to settle apparent Iranian sanctions violations by two of its subsidiaries, the U.S. Treasury Department's Office of Foreign Assets Control said on Wednesday.

United States International Relations nytimes.com

Tillerson Suggests Cuba Could Have Stopped ‘Targeted Attacks’ on U.S. Diplomats

“You probably know” who attacked the 24 American diplomats in Cuba, the secretary of state said. “You can stop it. It’s as simple as that.”

companyNews reuters.com

BRIEF-Bank Of Nova Scotia- Announced Partnerships With Viola Group And Team8

* BANK OF NOVA SCOTIA- ANNOUNCED PARTNERSHIPS WITH TWO ISRAELI TECHNOLOGY COS, VIOLA GROUP AND TEAM8 Source text for Eikon: Further company coverage:

politicsNews reuters.com

Alabama Democrat turns up attacks on Roy Moore in Senate race's final stretch

BIRMINGHAM, Ala. (Reuters) - Name-calling is not unusual in U.S. politics. But "child abuser" is not usually one of the names.

businessNews reuters.com

Exclsuive: China's Xiaomi seeks bank pitches for 2018 IPO - sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters.

cnn.com

Arab leaders condemn Trump's Jerusalem plan

President Donald Trump is expected to announce that he will recognize Jerusalem as the capital of Israel and begin to relocate the US embassy there from Tel Aviv. CNN's Ian Lee reports.

businessNews reuters.com

Exclusive: China's Xiaomi seeks bank pitches for 2018 IPO - sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters.

businessNews reuters.com

China's Xiaomi seeks bank pitches for 2018 IPO: sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters.

businessNews reuters.com

Exclusive: Baupost expected to make quick profit in Westinghouse bankruptcy- sources

(Reuters) - Hedge funds led by the Baupost Group LLC are poised to score a $170 million profit in less than three months from a bet tied to Toshiba Corp's bankrupt nuclear unit Westinghouse Electric Corp, according to three people familiar with the matter.

domesticNews reuters.com

Illegal immigrant indicted on federal charges after San Francisco murder acquittal

WASHINGTON (Reuters) - A grand jury on Tuesday indicted on federal charges an illegal immigrant from Mexico who was acquitted last week of murder by a San Francisco jury, the U.S. Justice Department said in a statement.

domesticNews reuters.com

Tom Ridge, first head of Homeland Security, released from hospital

(Reuters) - Tom Ridge, who served as the first head of the U.S. Department of Homeland Security from 2003 to 2005, was released on Tuesday from Seton Medical Center in Austin, Texas, a spokesman said.

cnn.com

House will vote on allowing concealed gun owners to carry across state lines

The House will vote Wednesday on a bill that would let gun owners with permits to carry concealed weapons travel to other states with their concealed firearms.

domesticNews reuters.com

Turkish gold trader says he paid $45,000 bribe to U.S. prison guard

NEW YORK (Reuters) - A Turkish-Iranian gold trader testifying in the trial of a Turkish banker accused of helping Iran evade U.S. sanctions said on Tuesday that he paid a $45,000 bribe to a U.S. prison guard to obtain alcohol and use the guard's phone.

companyNews reuters.com

EMERGING MARKETS-Mexico index rises on bank deal; Brazil's Bovespa dips

(Updates prices, adds details on Mexican stock index) SAO PAULO, Dec 5 (Reuters) - Mexico's S&P/BVM IPC share index rose 0.64 percent on Tuesday, recovering some ground after falling last week to its lowest level since March. Banorte bank pushed the gains, with its shares rising 2.60 percent as it announced that shareholders approved its acquisition of Grupo Financiero Interacciones, a deal that will create the country's second-biggest bank. The Mexican peso weakened in respons

companyNews reuters.com

REFILE-Gold trader says he never liked Turkish banker facing trial

(Refiles to add dropped text in final two paragraphs.) By Brendan Pierson NEW YORK, Dec 5 (Reuters) - A Turkish gold trader testifying for U.S. prosecutors in the trial of an executive at Turkey's state-owned Halkbank, who is charged with helping Iran evade U.S. sanctions, said Tuesday that he and the banker never liked each other. Reza Zarrab, who has pleaded guilty and is cooperating with U.S. prosecutors in the case, also said he had complained about Halkbank deputy ge

companyNews reuters.com

Laurentian Bank discloses 'misrepresentations' on some mortgages

Dec 5 (Reuters) - Canadian lender Laurentian Bank said an audit had found "documentation issues and client misrepresentations" on some mortgages it had sold to another company, triggering the worst one-day selloff in its shares since 2009.

domesticNews reuters.com

Gold trader says he never liked Turkish banker facing trial

NEW YORK (Reuters) - A Turkish gold trader testifying for U.S. prosecutors in the trial of an executive at Turkey's state-owned Halkbank, who is charged with helping Iran evade U.S. sanctions, said Tuesday that he and the banker never liked each other.

domesticNews reuters.com

U.S. Justice Department considers possible 'bump stocks' ban

WASHINGTON (Reuters) - The U.S. Justice Department said on Tuesday that it is considering a possible ban on certain bump stocks, the attachments that make semiautomatic rifles fire faster and were used in the deadliest mass shooting in modern U.S. history in Las Vegas in October.

politicsNews reuters.com

Trump lawyer denies Deutsche Bank got subpoena on Trump accounts

FRANKFURT/WASHINGTON (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday, but Trump's lawyer denied any such subpoena had been issued.

companyNews reuters.com

UPDATE 5-Trump lawyer denies Deutsche Bank got subpoena on Trump accounts

FRANKFURT/WASHINGTON, Dec 5 (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday, but Trump's lawyer denied any such subpoena had been issued.

domesticNews reuters.com

Minnesota's two-year budget springs a leak in latest forecast

(Reuters) - Minnesota's biennial budget faces a deficit for the first time since 2013 as state revenue is expected to fall while expenditures climb, according to a forecast released on Tuesday.

domesticNews reuters.com

Ex-police officer shot South Carolina motorist after struggle: defense

CHARLESTON, S.C. (Reuters) - Defense experts at the sentencing hearing for a white former police officer who killed an unarmed black man in South Carolina said on Tuesday that cellphone video indicated the two men struggled over the patrolman's stun gun before the shooting.

companyNews reuters.com

Trump lawyer: Deutsche Bank has not received subpoena for Trump records

WASHINGTON, Dec 5 (Reuters) - A lawyer for U.S. President Donald Trump said on Tuesday that Deutsche Bank has not received any subpoena for financial records relating to the president or his family as part of the special counsel's Russia probe.

domesticNews reuters.com

Fugitive Kentucky lawyer in $550 million fraud deported from Honduras

(Reuters) - A fugitive Kentucky lawyer who called himself "Mr. Social Security" was deported from Honduras on Tuesday where he had fled after pleading guilty in a $550 million disability fraud scheme, U.S. authorities said.

domesticNews reuters.com

U.S. Justice Department, ATF to decide if bump stocks are prohibited

WASHINGTON (Reuters) - The U.S. Justice Department and the Bureau of Alcohol, Tobacco, Firearms and Explosives said on Tuesday they are considering a possible ban on certain bump stocks, used in Las Vegas in October in the deadliest mass shooting in modern U.S. history.

domesticNews reuters.com

Interior Dept. recommends changes to boundaries of six U.S. national monuments

WASHINGTON (Reuters) - U.S. Interior Secretary Ryan Zinke has recommended that President Donald Trump change the boundaries of six national monuments designated by past administrations, according to a copy of the recommendations seen by Reuters.

companyNews reuters.com

UPDATE 1-Banorte shareholders vote to create Mexico's No. 2 bank

MONTERREY, Dec 5 (Reuters) - Shareholders in Mexico's Banorte on Tuesday approved the acquisition of Grupo Financiero Interacciones, which will create the country's second-biggest bank.

companyNews reuters.com

UPDATE 4-Deutsche Bank gets subpoena from Mueller on Trump accounts -source

FRANKFURT/WASHINGTON, Dec 5 (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday.

domesticNews reuters.com

U.S. deportations down in 2017 but immigration arrests up

WASHINGTON (Reuters) - The U.S. government deported fewer illegal immigrants in 2017 than it did last year, even as it arrested far more people suspected of being in the United States illegally, according to Department of Homeland Security statistics released on Tuesday.

domesticNews reuters.com

Honduras deports to Kentucky lawyer sought in $550 mln fraud

TEGUCIGALPA, Honduras (Reuters) - Honduras on Tuesday deported to the United States a Kentucky attorney who had pleaded guilty to charges over his role in a more than $550 million disability fraud scheme, months after he fled U.S. law enforcement, an official said.

topNews reuters.com

U.S. justices pose tough questions about baker's refusal to make gay wedding cake

WASHINGTON (Reuters) - U.S. Supreme Court justices including pivotal jurist Anthony Kennedy on Tuesday posed tough questions to lawyers representing a conservative Christian baker in Colorado who refused to make a wedding cake for a gay couple, but also raised concerns about religious liberty implications in the closely watched case.

companyNews reuters.com

UPDATE 2-Deutsche Bank gets subpoena from Mueller on Trump accounts -source

FRANKFURT/WASHINGTON, Dec 5 (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday.

domesticNews reuters.com

Treasury sanctions cleric Faisal for Islamic State recruiting

WASHINGTON (Reuters) - The U.S. Treasury on Tuesday said it had sanctioned Abdullah Ibrahim al-Faisal for recruiting for Islamic State, alleging the Jamaican cleric had influenced people around the world in attacking civilians and creating bomb plots and also had helped new recruits to the extremist group travel and hide.

companyNews reuters.com

BRIEF-OceanFirst Financial's Unit Gets Regulatory Approval From OCC To Merge With Sun National Bank

* OCEANFIRST FINANCIAL- ON DEC 4, CO'S UNIT GOT REGULATORY APPROVAL FROM OFFICE OF COMPTROLLER OF CURRENCY TO MERGE WITH SUN NATIONAL BANK -SEC FILING Source text : (http://bit.ly/2jgvuSZ) Further company coverage:

companyNews reuters.com

CANADA STOCKS-TSX slips as mining losses offset rising bank stocks

TORONTO, Dec 5 (Reuters) - Canada's main stock index edged lower in early trade on Tuesday as falling copper and other commodity prices weighed on mining stocks while shares of banks pushed higher at the tail end of their earnings season.

politicsNews reuters.com

Deutsche Bank gets subpoena from Mueller on Trump accounts: source

FRANKFURT (Reuters) - U.S. Special Counsel Robert Mueller has asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday.

domesticNews reuters.com

Top court weighs baker's refusal to make cake for gay couple

WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday is set to hear arguments in a major case on whether certain businesses can refuse service to gay couples if they oppose same-sex marriage on religious grounds in a dispute involving a conservative Christian baker in Colorado who declined to make a wedding cake for two men.

companyNews reuters.com

MOVES- Deutsche Bank, Lombard Odier IM, Zhejiang Rongsheng

Dec 5 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email moves@thomsonreuters.com.

domesticNews reuters.com

Wooden dams and river jams: U.S. strains to ship record grains

ABOARD THE OLIVER C. SHEARER, Ohio River (Reuters) - America's worst traffic jam this fall occurred on the Ohio River, where a line of about 50 miles of boats hauling grains and other products turned into a waterborne parking lot, as ship captains waited for the river to reopen.

companyNews reuters.com

Scotiabank says BBVA accepts offer to buy stake in BBVA Chile

Dec 5 (Reuters) - Bank of Nova Scotia said on Tuesday that Banco Bilbao Vizcaya Argentaria S.A. (BBVA) has formally accepted its offer to buy the Spanish lender's stake in BBVA Chile for about $2.2 billion.

companyNews reuters.com

BRIEF-Laurentian Bank Financial Group Reports Q4 Adjusted Earnings Per Share C$1.63

* Q4 REVENUE C$268 MILLION VERSUS I/B/E/S VIEW C$258.3 MILLION

worldNews reuters.com

Arab League says U.S. should not take measures that alter Jerusalem status: MENA

CAIRO (Reuters) - Arab League Secretary General Ahmed Aboul Gheit said on Tuesday that the United States should not take any measures that would alter Jerusalem's legal and political status, Egypt's state news agency MENA reported.

Homosexuality and Bisexuality nytimes.com

Justices Return to Culture Wars in Wedding Cake Case

A Colorado baker’s refusal to serve a gay couple on religious grounds has led to a major Supreme Court showdown.

topNews reuters.com

Saudi Arabia hopes U.S. will not recognize Jerusalem as capital of Israel

RIYADH (Reuters) - Saudi Arabia has expressed hope the United States would not recognize Jerusalem as the capital of Israel and warned such a decision would have serious implications, state news agency SPA reported on Tuesday.

worldNews reuters.com

Erdogan says Turkey will destroy those in Syria linked to Kurdish militants

ANKARA (Reuters) - President Tayyip Erdogan said on Tuesday that Turkey will "very soon completely destroy" those in Syria linked to Kurdish militants.

politicsNews reuters.com

Deutsche Bank receives subpoena from Mueller on Trump accounts: source

FRANKFURT (Reuters) - Special Counsel Robert Mueller has asked Deutsche Bank to share data on accounts held by U.S. President Donald Trump and his family, a person close to the matter said on Tuesday.

companyNews reuters.com

Deutsche Bank receives subpoena from Mueller on Trump accounts -source

FRANKFURT, Dec 5 (Reuters) - Special Counsel Robert Mueller has asked Deutsche Bank to share data on accounts held by U.S. President Donald Trump and his family, a person close to the matter said on Tuesday.

companyNews reuters.com

BRIEF-Bank Of Nova Scotia Says BBVA Accepted Scotiabank's Offer To Buy 68.19 Pct Ownership In BBVA Chile For About $2.2 Bln

* BANK OF NOVA SCOTIA-BBVA ACCEPTED SCOTIABANK'S OFFER TO BUY ITS 68.19 PERCENT OWNERSHIP IN BBVA CHILE, FOR ABOUT $2.2 BILLION ​

companyNews reuters.com

BRIEF-BBVA Accepts Offer From Bank Of Nova Scotia Over BBVA Chile

* SAYS ACCEPTED OFFER AND ENTERED INTO SALE AND PURCHASE AGREEMENT WITH BANK OF NOVA SCOTIA Source text for Eikon: Further company coverage: (Gdynia Newsroom)

companyNews reuters.com

Russia's Promsvyazbank says it sold asset worth 8 bln roubles

MOSCOW, Dec 5 (Reuters) - Promsvyazbank (PSB), one of Russia's biggest private lenders, said on Tuesday its N1.1 capital ratio was expected to reach 7.4 pct as of January 1, 2018 after it sold an asset worth 8 billion roubles.

domesticNews reuters.com

Supreme Court weighs baker's refusal to make cake for gay couple

WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday is set to hear arguments in a major case on whether certain businesses can refuse service to gay couples if they oppose same-sex marriage on religious grounds in a dispute involving a conservative Christian baker in Colorado who declined to make a wedding cake for two men.

domesticNews reuters.com

Honduras arrests Kentucky lawyer sought in $550-million disability fraud scheme

(Reuters) - Authorities in Honduras on Monday arrested a Kentucky attorney who had pleaded guilty to charges over his role in a more than $550 million disability fraud scheme, months after he fled U.S. law enforcement, Honduran officials said.

companyNews reuters.com

BRIEF-Haverty Furniture Q4 Comparable Sales Down 1.3 Pct

* HAVERTYS TOTAL SALES FOR Q4 THROUGH NOVEMBER 30 ARE FLAT WITH SAME PERIOD LAST YEAR

companyNews reuters.com

BRIEF-Independent Bank Corp To Acquire Traverse City State Bank For About $63.24 Mln

* INDEPENDENT BANK CORPORATION ANNOUNCES AGREEMENT TO ACQUIRE TRAVERSE CITY STATE BANK

domesticNews reuters.com

Gold trader says he paid bribes to get out of Turkish jail after 2013 arrest

NEW YORK (Reuters) - A Turkish-Iranian gold trader testifying at the trial of a Turkish bank executive in a New York federal court said Monday that he paid bribes to secure his release from jail in Turkey following his arrest in 2013.

domesticNews reuters.com

Former Florida congresswoman sentenced to five years for fraud

FORT LAUDERDALE, Fla. (Reuters) - Former U.S. Representative Corrine Brown of Florida was sentenced on Monday to five years in prison for her role in helping raise more than $800,000 for a bogus charity that was used as a slush fund, federal court officials said.

companyNews reuters.com

Democrat takes aim at controversial capital rule disliked by big U.S. banks

NEW YORK, Dec 4 (Reuters) - A Democratic U.S. senator wants to free the biggest U.S. lenders from having to hold capital against certain assets held at central banks, according to a document viewed by Reuters and a person familiar with it.

domesticNews reuters.com

Trump administration proposes rollback of tip-pooling rule

(Reuters) - The U.S. Department of Labor on Monday proposed eliminating an Obama administration rule that allowed restaurant employees to keep their tips instead of being forced to share them with non-tipped workers, saying the rule had contributed to pay disparities between servers and other staff like cooks and dishwashers.

Gambling nytimes.com

Justices Skeptical of Sports Gambling Ban

A federal law barring states from authorizing commercial wagering on sports seemed to be in trouble at the Supreme Court.

Middle East and North Africa Unrest (2010- ) nytimes.com

Five Strongmen, and the Fate of the Arab Spring

Leaders of five countries at the heart of the protests that erupted in 2011 — Egypt, Libya, Syria, Tunisia and Yemen — have met very different fates.

domesticNews reuters.com

Six-year-old skeptic tells Santa 'your life is empty'

(Reuters) - A 6-year-old boy from the Washington area has shaken up social media with an all-too-skeptical letter to Santa Claus in which he pretends to know jolly Saint Nick's life is empty and that Santa had no idea whether he had been naughty or nice.

domesticNews reuters.com

Judge to weigh sentence for South Carolina ex-policeman who killed black man

CHARLESTON, S.C. (Reuters) - U.S. prosecutors said on Monday that a white former South Carolina policeman caught on video shooting an unarmed black man in the back committed murder, while defense lawyers argued their client did not deserve to go to prison for life for his crime.

companyNews reuters.com

Turkish banker says U.S. prosecutors withheld evidence

NEW YORK, Dec 4 (Reuters) - Lawyers for a banker at Turkey's state-owned Halkbank who is charged with scheming to violate U.S. sanctions against Iran accused U.S. prosecutors of withholding evidence that might help exculpate their client. They said this included gold trader Reza Zarrab's alleged willingness to lie in exchange for leniency. In a letter on Monday to U.S. District Judge Richard Berman in Manhattan, lawyers for Mehmet Hakan Atilla said prosecutors on Saturday even

domesticNews reuters.com

U.S. top court wary over allowing seizure of ancient Persian artifacts

WASHINGTON (Reuters) - U.S. Supreme Court justices expressed skepticism on Monday over whether ancient Persian artifacts housed in a Chicago museum can be seized to pay for a $71 million court judgment against Iran over its alleged role in a 1997 bombing attack in Jerusalem.

domesticNews reuters.com

U.S. justices lean toward allowing sports betting in New Jersey case

WASHINGTON (Reuters) - U.S. Supreme Court justices on Monday signaled a willingness to let New Jersey legalize sports betting in a case that could pave the way for other states similarly interested in allowing such gambling as a way to fill their coffers to do the same thing.

domesticNews reuters.com

Former U.S. Rep. Brown of Florida sentenced to five years for fraud: report

FORT LAUDERDALE, Fla. (Reuters) - Former U.S. Representative Corrine Brown of Florida was sentenced on Monday to five years in prison for her role in helping raise more than $800,000 for a bogus charity that was used as a slush fund, a Jacksonville television station reported.

businessNews reuters.com

Bank stocks favored over tech as tax bill makes headway

(Reuters) - Wall Street indexes rose on Monday as Republican-led efforts to slash corporate tax rates cleared a major hurdle, with investors picking stocks that have lagged for much of the year including shares of financial and industrial companies.

domesticNews reuters.com

Conservative U.S. justices lean toward New Jersey in sports betting case

WASHINGTON (Reuters) - Conservative U.S. Supreme Court justices on Monday indicated they may be willing to allow New Jersey to legalize sports betting in a case that could pave the way for other states to do the same thing.

companyNews reuters.com

US STOCKS-Bank stocks favored over tech as tax bill makes headway

* Indexes up: Dow 0.99 pct, S&P 0.42 pct, Nasdaq 0.54 pct (Changes comment, adds company details, updates prices)

businessNews reuters.com

Shares of big U.S. banks jump as Senate approves tax overhaul

(Reuters) - Shares of the biggest U.S. banks rose on Monday, after the Senate approved a tax overhaul bill on Saturday, raising investor hopes that their earnings would get a boost from a significantly lower tax bill.

worldNews reuters.com

U.S. defense chief urges Pakistan to redouble efforts against militants

ISLAMABAD (Reuters) - U.S. Defense Secretary Jim Mattis on Monday met Pakistan's civilian and military leaders and urged them "redouble" their efforts to rein in militants accused of using the country as a base to carry out attacks in neighboring Afghanistan.

topNews reuters.com

Saleh party sources say Yemeni ex-president killed in Sanaa fighting: al-Arabiya TV

SANAA (Reuters) - Former President Ali Abdullah Saleh has been killed in fighting with the Iran-aligned Houthi militia raging in the Yemeni capital Sanaa, Saudi-owned al-Arabiya television said on Monday, quoting sources in Saleh's party.

businessNews reuters.com

Shares of big U.S. banks rise as Senate approves tax overhaul

(Reuters) - Shares of the biggest U.S. banks were higher after the Senate approved a tax overhaul bill on Saturday, which will provide significant tax cuts for businesses.

topNews reuters.com

Special Report: Hidden peril awaits China's banks as property binge fuels mortgage fraud frenzy

SHANGHAI/HONG KONG/BEIJING (Reuters) - When Zhu Chenxia bought a flat early last year from Lei Yarong in the up-market Nanshan district of China's southern metropolis of Shenzhen, the two women drew up three purchase agreements to cover the deal.

domesticNews reuters.com

Judge to decide fate of South Carolina ex-policeman who killed black man

CHARLESTON, S.C. (Reuters) - A U.S. judge on Monday will begin hearing evidence on whether a former South Carolina policeman caught on video shooting an unarmed black man in the back should spend the rest of his life in prison for a crime that many say exemplified racist law enforcement.

companyNews reuters.com

Saudi Arabian exchange enlists Nasdaq to turbocharge technology

DUBAI, Dec 4 (Reuters) - Saudi Arabia's Stock Exchange said on Monday it has hired U.S. group Nasdaq to replace its 16-year-old registry, depository and settlement infrastructure as it tackles challenges including the forthcoming listing of Saudi Aramco.

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

BRIEF-Inuitive and SoftBank to Collaborate on AI and IoT

* SOFTBANK GROUP CORP SAYS CO'S UNIT AND INUITIVE LTD AGREED TO COLLABORATE THROUGH DEVELOPMENT OF AI, DEEP LEARNING AND ADVANCED 3D SENSING Source text for Eikon: Further company coverage:

businessNews reuters.com

Confusion reigns as banks scramble to price FX, bond research under EU markets revamp

LONDON (Reuters) - How much are you worth? For the FX and bond analysts covering the world's biggest markets, how much to charge for their time and research remains in question just a month away from sweeping new rules that require fund managers to pay for these services.

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.

companyNews reuters.com

Qatar riyal stabilising in offshore market after c.bank pledge on dollar supply

DOHA, Dec 3 (Reuters) - Qatar's riyal is stabilising in offshore trade, recovering from several weeks of increasing volatility, after the central bank pledged to ensure liquidity in the foreign exchange market, commercial bankers said on Sunday.

domesticNews reuters.com

Officials believe body of missing North Carolina girl found

(Reuters) - A body believed to be of a 3-year-old North Carolina girl who was missing for six days was found in a creek on Saturday night, a day after the mother's live-in boyfriend was arrested in connection with her disappearance, the Onslow County Sheriff's Office said.

Federal Taxes (US) nytimes.com

Tax Bill Offers Last-Minute Breaks for Developers, Banks and Oil Industry

In Senate Republicans’ mad dash to rewrite the tax code, lawmakers added loopholes for the wealthy and tightened deductions for middle-income workers.

worldNews reuters.com

Trump recognition of Jerusalem as Israeli capital would fuel violence: Arab League

CAIRO (Reuters) - Any move by the United States to recognize Jerusalem as Israel's capital would fuel extremism and violence, Arab League Secretary-General Ahmed Aboul Gheit said on Saturday.

topNews reuters.com

Trump recognition of Jerusalem as Israeli capital would fuel violence - Arab League

CAIRO (Reuters) - Any move by the United States to recognize Jerusalem as Israel's capital would fuel extremism and violence, Arab League Secretary-General Ahmed Aboul Gheit said on Saturday.

domesticNews reuters.com

Man charged as authorities says missing North Carolina girl presumed dead

(Reuters) - A man has been arrested and charged in North Carolina in connection with the disappearance of three-year-old Mariah Woods who went missing from her bedroom five days ago, the Federal Bureau of Investigation and local sheriff said on Saturday.