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Toshiba considering measures in case chip unit sale not completed by March

CHIBA CITY, Japan (Reuters) - Japan's embattled Toshiba Corp said on Tuesday it is considering various measures in case it cannot complete the $18 billion sale of its prized flash memory chip unit by the end of March.

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Airbnb's China head exits, a week after co-founder named unit's chair

BEIJING (Reuters) - The head of Airbnb Inc's China business has resigned four months after taking the role, the company confirmed on Tuesday, the latest leadership change for the unit which operates in an country where residency and movement are regulated.

businessNews reuters.com

Heineken bets on motor racing for Asian payout

MONZA, Italy (Reuters) - Heineken is betting on Formula One to help it reclaim the title of leading global lager from Budweiser, a strategy that depends on broadening the sport's appeal in Asia and persuading fans to pay more for their beer.

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Asian shares hover near recent highs; NZ dollar slips

SYDNEY (Reuters) - Asian shares held within striking distance of recent decade highs on Tuesday and major currencies kept to narrow ranges, while the New Zealand dollar fell after the country's incoming Labour government laid out its left-leaning priorities.

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Kobe Steel plant that supplied plane components being checked

TOKYO (Reuters) - Japanese authorities are conducting safety checks at a Kobe Steel Ltd aluminum plant that supplied components for a domestically built passenger aircraft, the transport minister said on Tuesday.

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Toshiba says considering measures in case chip unit sale uncompleted by March

Chiba, JAPAN (Reuters) - Toshiba Corp is considering various measures in case it will not be able to complete the $18 billion sale of its prized chip unit by the end of March, its chief executive said on Tuesday.

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Amazon says studio executive Joe Lewis resigns

(Reuters) - Amazon.com Inc on Monday said Joe Lewis, the head of comedy and drama at its entertainment studio unit, has stepped down, but gave no reason for his resignation.

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U.S. law firm files class suit against Rio Tinto over Mozambique coal

SYDNEY (Reuters) - A U.S. law firm has filed a class action suit against mining giant Rio Tinto, which is facing U.S. Securities and Exchange Commission (SEC) fraud charges stemming from an ill-fated investment in Mozambique coal mining.

businessNews reuters.com

Kobe Steel plant under inspection: transport minister

TOKYO (Reuters) - One of the Kobe Steel Ltd plants at the heart of a product data cheating scandal is under inspection, Japan's transport minister said on Tuesday.

companyNews reuters.com

BRIEF-Amazon says ‍​studio executive Joe Lewis has left the company

* Amazon says ‍​studio executive Joe Lewis has left the company Source

businessNews reuters.com

Asian shares hover near recent highs; China Congress eyed

SYDNEY (Reuters) - Asian shares held within striking distance of recent decade highs on Tuesday even as Wall Street fell from record levels, while currencies kept to narrow ranges ahead of key economic events.

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Exclusive: Hedge fund Baupost snaps up claims against Toshiba - sources

(Reuters) - Hedge fund The Baupost Group LLC has acquired the biggest chunk of a $2.2 billion claim that two South Carolina utilities had against Toshiba Corp following the bankruptcy of its nuclear power subsidiary, people familiar with the matter said on Monday.

businessNews reuters.com

Kobe Steel plant is under inspection by Japan ministry: Kyodo

TOKYO (Reuters) - One of the Kobe Steel Ltd plants at the heart of a product data cheating scandal is being inspected by Japan's transport ministry, Kyodo News reported on Tuesday.

cnn.com

Puerto Rico wants Amazon's second headquarters

businessNews reuters.com

U.S. companies act on climate despite Trump: survey

OSLO (Reuters) - U.S. companies are still among the most ambitious in setting targets to combat global warming despite President Donald Trump's plans to quit the 195-nation Paris climate agreement, a 2017 survey showed on Tuesday.

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U.S. SEC to require greater transparency around company audits

WASHINGTON (Reuters) - The Securities and Exchange Commission will now require companies participating in audits to disclose remarks and inquiries made by independent auditors, the main U.S. financial regulator said on Monday.

businessNews reuters.com

Boeing signs $13.8 billion deal with Singapore Airlines

WASHINGTON (Reuters) - Boeing Co on Monday signed a previously announced deal with Singapore Airlines Ltd to sell it 39 aircraft worth $13.8 billion at list prices during a White House event with Singapore's prime minister.

Relocation of Business nytimes.com

Amazon Counts Its Suitors: 238 Want to Be Home for 2nd Headquarters

The bidders came from 43 U.S. states, as well as Canada and Mexico. Amazon says the project will create 50,000 jobs, and that the winner will be announced next year.

businessNews reuters.com

Google's latest iPhone rival off to a rocky start

SAN FRANCISCO (Reuters) - The launch of Alphabet Inc's second-generation Google Pixel smartphones has been hampered by display screen problems and pricing and shipping issues, prompting the company to open an investigation and issue multiple apologies to customers.

businessNews reuters.com

Wall St. retreats from record as industrials, tech lag

NEW YORK (Reuters) - U.S. stocks declined on Monday as each of the major Wall Street indexes retreated from a record, weighed down by a drop in technology and industrial shares.

sportsNews reuters.com

NBA: Australia's Simmons backing up hype in rookie season

(Reuters) - Ben Simmons is only three games into his much-anticipated NBA debut season but the Australian point guard has been so good that he is already drawing comparisons to some of the game's greatest players.

businessNews reuters.com

Fiat Chrysler sues shippers over alleged price fixing

WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV has lodged a complaint with a U.S. regulator seeking "reparations" from a group of shipping companies from Asia, Europe and South America that admitted to fixing prices for shipping vehicles, according to documents made public on Monday.

politicsNews reuters.com

New Hampshire governor asks Trump to stop Indonesian deportation effort

BOSTON (Reuters) - New Hampshire Governor Chris Sununu on Monday publicly called on U.S. President Donald Trump, a fellow Republican, to halt an effort to deport 69 Indonesian Christians who fled violence in that country two decades ago and are living illegally in the state.

businessNews reuters.com

Iphone X demand will be substantial, but not exceptional: survey

(Reuters) - Days before Apple Inc's much-awaited iPhone X opens for preorders, a survey by brokerage Bernstein showed that demand for the device will be substantial, but not exceptional, with about a quarter of the respondents planning to buy the phone.

businessNews reuters.com

Wall St. stalls as industrials lag

NEW YORK (Reuters) - U.S. stocks were little changed, with the S&P 500 retreating slightly from a record on Monday, as a drop in General Electric weighed on industrial shares.

businessNews reuters.com

U.S. regulators approve fix for 38,000 VW 3.0-liter diesel SUVs

WASHINGTON (Reuters) - U.S. and California regulators have approved a fix for about 38,000 Volkswagen AG 3.0-liter vehicles with potential excess emissions, a decision that could save the automaker more than $1 billion, according to a letter made public on Monday.

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U.S. jury finds ex-HSBC executive guilty of fraud in $3.5 billion currency trade

NEW YORK (Reuters) - A U.S. jury on Monday found a former HSBC Holdings Plc executive guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011.

businessNews reuters.com

Tensions ease over Pratt engine supplies to Airbus: sources

PARIS (Reuters) - Airbus is more confident in the ability of Pratt & Whitney to speed up delayed engine shipments, two people familiar with the matter said on Monday, in a sign that supply-chain gridlock affecting European aircraft deliveries may soon reach its peak.

businessNews reuters.com

Losses in GE keep Wall Street in check

(Reuters) - U.S. stocks traded in a narrow range on Monday, with losses in industrial shares led by GE offsetting gains in healthcare and technology sectors.

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Halliburton warns of slower growth as U.S. rig count drops

(Reuters) - Oilfield services giant Halliburton Co on Monday warned of slower growth at its oil well drilling and evaluation business, reflecting a steady drop in rig counts in the United States.

businessNews reuters.com

Ex-HSBC executive found guilty of fraud in $3.5 billion currency trade

NEW YORK (Reuters) - A U.S. jury on Monday found a former HSBC Holdings Plc executive guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011.

companyNews reuters.com

UPDATE 4-Toys'R'Us collapse to hit Hasbro holiday sales

Oct 23 (Reuters) - Hasbro Inc warned of holiday season fallout from the Toys'R'Us bankruptcy, issuing a weaker-than-expected forecast on Monday that sent the toy maker's shares down 10 percent.

cnn.com

Amazon's next target? Etsy-styled arts and crafts

Is there any part of the retail world that Jeff Bezos doesn't want to dominate?

technologyNews reuters.com

Amazon receives 238 proposals for its second headquarters

(Reuters) - Amazon.com Inc has received 238 proposals from cities and regions across North America vying to host the company's second headquarters, it said on Monday.

businessNews reuters.com

Fidelity Chairman's video to employees: no tolerance for harassment

BOSTON (Reuters) - Fidelity Investments Chairman Abigail Johnson on Monday delivered a direct message to more than 40,000 employees at the asset management company: There's no tolerance for harassment.

companyNews reuters.com

UPDATE 1-Amazon receives 238 proposals for its second headquarters

Oct 23 (Reuters) - Amazon.com Inc has received 238 proposals from cities and regions across North America vying to host the company's second headquarters, it said on Monday.

businessNews reuters.com

Wall Street pares gains as GE, tech stocks drag

(Reuters) - U.S. stocks gave up early gains in late morning trading on Monday, with losses in GE and technology shares weighing on the Wall Street indexes.

companyNews reuters.com

BRIEF-Amazon says customers in select areas to be able to order takeout using Amazon app

* Amazon.Com - Expanded Amazon Pay in-store program to restaurants with Clover POS stations located in the Northeastern United States and Seattle area‍​

companyNews reuters.com

UPDATE 3-Toys'R'Us collapse to hit Hasbro holiday sales

Oct 23 (Reuters) - Hasbro Inc warned of holiday season fallout from the Toys'R'Us bankruptcy, issuing a weaker-than-expected forecast, sending the toy maker's shares down as much as 9 percent.

businessNews reuters.com

Cisco buys BroadSoft for $1.71 bln in software push

(Reuters) - Cisco Systems Inc will buy software company BroadSoft Inc for $1.71 billion, it said on Monday, in a deal that boosts Cisco's collaboration tools and helps the company diversify its offerings away from switching and routing.

businessNews reuters.com

U.S. regulators approve fix for VW 3.0-liter diesel SUVs: letter

WASHINGTON (Reuters) - U.S. and California regulators approved a fix for about 38,000 Volkswagen AG 3.0-liter diesel sport utility vehicles with potential excess emissions, a decision that could save the automaker more than $1 billion according to a letter reviewed by Reuters.

businessNews reuters.com

EU raids Daimler and VW in widening cartel inquiry

HAMBURG/BERLIN (Reuters) - European Union and German antitrust officials searched the offices of Daimler and Volkswagen on Monday, widening an inquiry into alleged collusion.

cnn.com

Target will offer free shipping for holidays

The retailer has a new set of plans to compete with rivals Walmart and Target this holiday season.

businessNews reuters.com

Cisco buys BroadSoft for $1.71 billion in software push

(Reuters) - Cisco Systems Inc said on Monday it will buy software company BroadSoft Inc for $1.71 billion, as the world's largest networking gear producer moves away from a stagnating business in switches and routers.

companyNews reuters.com

BRIEF-Amazon says received 238 proposals across North America for new headquarters

* Amazon.com Inc says received 238 proposals across North America for co's hQ2 Further company coverage:

businessNews reuters.com

Wall Street at record levels after Abe's election win

(Reuters) - Wall Street indexes hovered at record levels on Monday as investors cheered the continuation of "Abenomics" following Japanese Prime Minister Shinzo Abe's emphatic win in the weekend polls.

businessNews reuters.com

Apple, Samsung face new iPhone damages trial: U.S. judge

(Reuters) - A U.S. judge has ordered a new trial to determine how much Samsung Electronics Co should pay Apple Inc for copying the look of the iPhone.

businessNews reuters.com

Apple sees its mobile devices as platform for artificial intelligence

TAIPEI (Reuters) - Apple Inc sees its mobile devices as a major platform for artificial intelligence in the future, Chief Operating Officer Jeff Williams said on Monday.

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Lloyd's of London estimates net claims for Hurricane Maria of $900 million

LONDON (Reuters) - Lloyd's of London estimated net claims of $900 million for Hurricane Maria, which caused devastation in Puerto Rico last month, the specialist insurance market said on Monday.

businessNews reuters.com

Wall Street opens at record after Abe election win

(Reuters) - The three major Wall Street indexes opened at record highs on Monday as investors cheered the continuation of Abenomics following the Japanese ruling party's emphatic win in the weekend polls.

businessNews reuters.com

Fiat emissions probe centers on several models -letter

PARIS (Reuters) - A French judicial inquiry into Fiat Chrysler over suspected emissions-test cheating centers on whether the carmaker misled buyers of Fiat, Alfa Romeo, Jeep and Lancia cars about emissions levels, according to a letter seen by Reuters.

businessNews reuters.com

Daimler, VW raided by EU staff in widening cartel searches

HAMBURG/BERLIN (Reuters) - European Union antitrust officials widened an investigation of alleged collusion between Germany's top carmakers on Monday, with both Daimler and Volkswagen becoming the latest targets of the inspections.

cnn.com

Soccer team hires tattoo chief to ink players

Josh Yaro had never visited a tattoo parlor before. Nervous, the footballer needed reassurance, but the memory of his mum who had recently died emboldened him. She was his motivation.

businessNews reuters.com

Halliburton posts international revenue growth, unlike Schlumberger

(Reuters) - Worldwide revenues rose for U.S. oilfield services provider Halliburton Co in the third quarter, the company said on Monday, contrasting with the slide in international markets reported by larger rival Schlumberger last week.

companyNews reuters.com

Saudi Prince Alwaleed bin Talal says Accor, Four Seasons will not merge

RIYADH, Oct 23 (Reuters) - Saudi Arabia's billionaire Prince Alwaleed bin Talal told CNBC on Monday he was not considering merging AccorHotels and Four Seasons Hotels and Resorts, in which his Kingdom Holding Co. investment company owns stakes.

businessNews reuters.com

Cisco to buy BroadSoft in $1.9 billion deal

(Reuters) - Cisco Systems Inc will buy U.S. telecommunications software company BroadSoft Inc in a deal valued at $1.9 billion, as the world's largest networking gear producer shifts from its stagnating legacy business of switches and routers.

companyNews reuters.com

BRIEF-STUBHUB BECOMES DESIGNATED NFL TICKET RESALE MARKETPLACE BEGINNING WITH 2018-2019 SEASON​

* CO BECOMES DESIGNATED NFL TICKET RESALE MARKETPLACE BEGINNING WITH 2018-2019 SEASON​ Source text for Eikon: Further company coverage:

businessNews reuters.com

AT&T extends deadline to close Time Warner deal

(Reuters) - AT&T Inc said on Monday it had extended by a "short period" the deadline to close its proposed deal to acquire Time Warner Inc , to buy time to get the required regulatory approvals for the deal.

businessNews reuters.com

T-Mobile quarterly profit tops estimates as subscribers grow

NEW YORK (Reuters) - T-Mobile US Inc's quarterly profit topped Wall Street analyst estimates as the No. 3 U.S. wireless carrier raised the lower end of its expected range of customer additions for the year.

businessNews reuters.com

Futures higher after Abe election victory

(Reuters) - U.S. stock index futures pointed to a higher open for Wall Street on Monday, tracking gains for other major stock markets after Japanese Prime Minister Shinzo Abe's election victory.

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Halliburton profit tops estimates on strong North America demand

(Reuters) - Oilfield services provider Halliburton Co on Monday reported a third-quarter profit that topped analysts' estimates, driven by better pricing and increased activity in North America, its biggest market.

businessNews reuters.com

Victory for Abenomics lifts world stocks, dollar

LONDON (Reuters) - Japanese Prime Minister Shinzo Abe's election victory lifted world stocks and the dollar on Monday, relegating concerns about Spain's escalating political crisis to little more than a blip on the market radar.

businessNews reuters.com

Kaspersky Lab to open software to review, says nothing to hide

(Reuters) - Moscow-based Kaspersky Lab will ask independent parties to review the security of its anti-virus software, which the U.S. government has said could jeopardize national security, citing concerns over Kremlin influence and hijacking by Russian spies.

businessNews reuters.com

BlackRock opposes banning companies from indexes over voting rights

NEW YORK (Reuters) - BlackRock Inc , the world's largest asset manager, is lambasting the architects of market indexes like the S&P 500 for ostracizing companies that deny equal voting rights to shareholders, saying that doing so could limit the opportunities of investors in index funds.

scienceNews reuters.com

Amazon backs German artificial intelligence research hub

FRANKFURT (Reuters) - Amazon.com will open an artificial intelligence research center in the German university city of Tuebingen, creating 100 jobs over the next five years.

businessNews reuters.com

France probing possible Fiat obstruction over 'Dieselgate' affair: document

PARIS (Reuters) - Carmaker Fiat Chrysler is subject of a French judicial inquiry over suspected obstruction of a French inquiry into the 'Dieselgate' affair, concerning devices used to cheat on tests over emissions, according to a document obtained by Reuters.

businessNews reuters.com

UK watchdog fines Merrill Lynch 34.5 million pounds for reporting failure

LONDON (Reuters) - Britain's financial watchdog has fined Bank of America's Merrill Lynch investment banking arm 34.5 million pounds ($45.5 million) for its third transaction reporting failure in just over a decade.

companyNews reuters.com

BRIEF-United Therapeutics announces FDA approval of third generation nebulizer for the Tyvaso inhalation system

* United Therapeutics announces FDA approval of third generation nebulizer for the Tyvaso inhalation system

businessNews reuters.com

Singapore to halt car population growth from next year

SINGAPORE (Reuters) - Singapore, one of the world's most expensive places to own a vehicle, will not allow any growth in its car population from February, citing the small city-state's land scarcity and billions of dollars in planned public transport investments.

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Kaspersky Lab says it will submit software for independent review

(Reuters) - Kaspersky Lab will ask independent parties to conduct security reviews of its widely used anti-virus software to help dispel allegations that the Russian government uses the products to conduct espionage, the Moscow-based company said on Monday.

businessNews reuters.com

Britain's financial watchdog fines Merrill Lynch 34.5 million pounds

(Reuters) - Britain's financial watchdog said it had fined Bank of America's Merrill Lynch 34.5 million pounds ($45.5 million) for failing to report 68.5 million exchange traded derivative transactions between February 2014 and 2016.

businessNews reuters.com

Japan's Kobe Steel considering withdrawing its full year earnings forecast: Kyodo

TOKYO (Reuters) - Kobe Steel Ltd is considering withdrawing its earnings forecast for this fiscal year as it struggles to quantify the impact of its data falsification scandal, Kyodo reported on Monday.

businessNews reuters.com

Victory for Abenomics lifts world stocks to new record

LONDON (Reuters) - Japanese Prime Minister Shinzo Abe's convincing election victory lifted the Nikkei to its highest in 21 years and world stocks to an all-time high on Monday, despite an escalation of Spain's constitutional crisis that weighed on the country's banks.

businessNews reuters.com

Toshiba sees annual loss of almost $1 billion after tax related to chip unit sale

TOKYO (Reuters) - Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss of nearly $1 billion this business year after calculating taxes related to the sale of its prized chip unit.

businessNews reuters.com

Boeing, Mitsubishi Heavy in deal to cut costs of 787 wing production

(Reuters) - Boeing Co and Japan's Mitsubishi Heavy Industries Ltd (MHI) announced they have agreed on steps to reduce the cost of producing the wings of the 787 Dreamliner.

businessNews reuters.com

Japan shares at two-decade top, yen near three-month low as Abe wins

SYDNEY (Reuters) - Japanese shares jumped on a weaker yen on Monday as an election win for Shinzo Abe's ruling bloc gave a green light for more policy stimulus, while the euro eased as Spain's constitutional crisis aggravated concerns about political unity in the region.

businessNews reuters.com

Target gears up for holidays with free shipping and gifts under $15

NEW YORK (Reuters) - Target Corp said on Monday it would start free shipping beginning in November and that most of its holiday assortment had been priced at under $15, as the retailer gets ready to take on Amazon.com and Wal-Mart in the most crucial shopping season of the year.

businessNews reuters.com

Big money stays away from booming bitcoin

LONDON (Reuters) - Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged tenfold this year to more than $170 billion.

companyNews reuters.com

BRIEF-Target to unveil new brands, thousands of exclusive gifts under $15 for holiday season

* Will unveil new brands and thousands of exclusive gifts under $15 for holiday season

businessNews reuters.com

Noble Group to sell oil liquids unit to Vitol, flags $1.2 billion loss

SINGAPORE (Reuters) - Struggling commodities trader Noble Group agreed to sell its Americas-focused oil liquids business to Vitol for about $580 million as part of a debt-cutting strategy, and warned of a big loss for its third quarter.

businessNews reuters.com

U.S. Midwest oil refiners boost output, cut region's dependence on Gulf Coast

NEW YORK (Reuters) - U.S. refineries from Ohio to Minnesota are capitalizing on access to cheap crude from Western Canada and North Dakota oilfields, helping their region break a historic dependence on fuel from the Gulf Coast while redrawing oil trade maps.

businessNews reuters.com

JPMorgan reaches beyond its branches with new mobile account app

NEW YORK (Reuters) - In its first offering of online bank accounts, JPMorgan Chase & Co on Monday launched a new smartphone app that it hopes will attract new depositors, many of whom are young and may live far from any of its branch offices.

businessNews reuters.com

Fidelity chairman deals with fallout from sexual harassment claims

BOSTON (Reuters) - Less than a year into her tenure as chairman of Fidelity Investments, Abigail Johnson faces a crisis amid allegations that the mutual fund giant has a men's club mentality.

businessNews reuters.com

Noble Group to sell oil liquids business to Vitol, flags big third quarter loss

SINGAPORE (Reuters) - Struggling commodities trader Noble Group agreed to sell its Americas-focused oil liquids business to Vitol for about $580 million as part of a debt-cutting strategy, and warned of a big loss for its third quarter.

businessNews reuters.com

Cisco nears deal to acquire BroadSoft: source

SAN FRANCISCO (Reuters) - Cisco Systems Inc, the world’s largest networking gear manufacturer, is nearing a deal to buy U.S. telecommunications software firm BroadSoft Inc for close to $2 billion, a person familiar with the matter said on Sunday.

businessNews reuters.com

Noble Group to sell oil liquids business to Vitol for $580 million

SINGAPORE (Reuters) - Struggling Noble Group agreed to sell its Americas-focused oil liquids business to Vitol for about $580 million, as part of its strategy to shrink its businesses to cut debt.

businessNews reuters.com

Japan shares at two-decade top, yen at three-month low on Abe win

SYDNEY (Reuters) - Japanese shares jumped on a weaker yen on Monday as an election win for Shinzo Abe's ruling bloc gave a green light for more super-easy policy stimulus, while the euro eased as Spain's constitutional crisis aggravated concerns about political unity in the region.

businessNews reuters.com

JPMorgan partners with data start-up to boost fixed-income trading

NEW YORK (Reuters) - JPMorgan Chase & Co has partnered with data analytics start-up Mosaic Smart Data to help its fixed-income sales and trading business become more profitable.

businessNews reuters.com

Consumer goods firms harness online data to tap Southeast Asia e-commerce boom

SINGAPORE/BANGKOK (Reuters) - When diaper maker DSG International (Thailand) wants to know what its customers are thinking, it often turns to Lazada, an e-commerce firm majority-owned by Alibaba Group Holding .

businessNews reuters.com

Yen at three-month lows on Abe win, euro struggles with Spain

SYDNEY (Reuters) - Japan's yen hit three-month lows on Monday as an election win for the government gave a green light for super-easy monetary policy, while the euro eased as Spain's constitutional crisis aggravated concerns about political unity in the bloc.

sportsNews reuters.com

Cardinals' Palmer breaks arm, may be out for rest of season

(The Sports Xchange) - Arizona Cardinals quarterback Carson Palmer suffered a broken left arm in Sunday's loss to the Los Angeles Rams at Twickenham Stadium in London.

sportsNews reuters.com

Red Sox hire Astros coach Cora as new manager

(The Sports Xchange) - The Boston Red Sox hired Alex Cora as their new manager on Sunday.

sportsNews reuters.com

World downhill champion Stuhec may miss season with knee injury

LJUBLJANA (Reuters) - World downhill ski champion Ilka Stuhec may miss the whole Alpine skiing season after she injured her knee during training on Sunday, her spokesman said.

businessNews reuters.com

Sexual harassment allegations spark review, meeting at Fidelity: WSJ

NEW YORK (Reuters) - Fidelity Investments has hired a consulting firm to review employee behavior amid allegations of sexual harassment at the U.S. money manager stretching back years, the Wall Street Journal reported on Sunday.

businessNews reuters.com

Tesla reaffirms effort to build cars in China; mum on deal report

(Reuters) - Electric car maker Tesla Inc reaffirmed on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year, but declined to comment on a report that a deal has been reached.

businessNews reuters.com

Tesla moves closer to deal to build cars in China

(Reuters) - Electric car maker Tesla Inc said on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year.

businessNews reuters.com

Airbus turmoil overshadows bid to rescue CSeries

PARIS (Reuters) - Airbus's coup in buying a $6 billion Canadian jetliner project for a dollar stunned investors and took the spotlight off a growing ethics row last week, but internal disarray has raised questions over how smoothly it can implement the deal.

companyNews reuters.com

Hudson's Bay reassures German workers after Kaufhof CEO quits

DUESSELDORF, Germany, Oct 22 (Reuters) - Canadian retailer Hudson's Bay Co (HBC) sought to ease concern that the abrupt resignation of its chief executive could herald cuts at its struggling German department store chain Kaufhof.

businessNews reuters.com

Toyota to halt operations at all Japan plants as typhoon precaution

TOKYO (Reuters) - Toyota Motor Corp will suspend operations at all of its assembly plants in Japan, including those of its subsidiaries, from Monday morning as a precautionary measure as a powerful typhoon approaches Japan's mainland, a spokesman said.

businessNews reuters.com

Henkel may make U.S. acquisitions: CEO in newspaper

FRANKFURT (Reuters) - German consumer goods group Henkel may further expand its business in the United States via acquisitions, Chief Executive Hans van Bylen told Welt am Sonntag in an interview.

businessNews reuters.com

Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centers: media

TOKYO (Reuters) - Japanese trading house Mitsubishi Corp plans to set up a joint venture with U.S. data center operator Digital Realty Trust and build around 10 data centers in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday.

businessNews reuters.com

China says will guide private capital into higher growth areas

BEIJING (Reuters) - China will introduce measures aimed at guiding private investment into areas that have a higher growth potential, a senior official with the state planning agency said on Saturday.

businessNews reuters.com

Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centres: media

TOKYO (Reuters) - Japanese trading house Mitsubishi Corp plans to set up a joint venture with U.S. data centre operator Digital Realty Trust and build around 10 data centres in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday.

businessNews reuters.com

U.S. tax plan hopes lift stocks, dollar strengthens

NEW YORK (Reuters) - World stocks advanced, bond yields rose and the U.S. dollar strengthened on Friday on increased hopes President Donald Trump could make progress on his fiscal plans after the U.S. Senate approved a budget blueprint that paves the way for tax cuts.

businessNews reuters.com

Recent hurricanes take toll on quarterly earnings

SAN FRANCISCO (Reuters) - After raging over the southern United States and Puerto Rico, remnants of hurricanes Harvey, Irma and Maria are now dampening U.S. corporate profits.

companyNews reuters.com

BRIEF-‍Tentative agreement between Timkensteel, United Steelworkers voted down​

* ‍Tentative agreement between Timkensteel, United Steelworkers voted down​

Sexual Harassment nytimes.com

Inside Amazon, Diversity Concerns Flare Up After Harassment Accusations

Amazon’s handling of accusations of sexual harassment involving Roy Price, who ran its movie and television operations, has set off confusion, debate and finger-pointing.

businessNews reuters.com

California judge tosses $417 million talc cancer verdict against Johnson & Johnson

(Reuters) - A California judge on Friday threw out a $417 million verdict against Johnson & Johnson in a lawsuit by a woman who claimed she developed ovarian cancer after using its talc-based products like Johnson's Baby Powder for feminine hygiene.

sportsNews reuters.com

Sacramento Kings hire full-time female coach

(The Sports Xchange) - Jenny Boucek became the second current full-time female coach in the NBA on Friday, when the Sacramento Kings hired the former WNBA coach as assistant coach for player development.

businessNews reuters.com

Tesla raises borrowing capacity for car leases to $1.1 billion

(Reuters) - Tesla Inc said on Friday it has increased its borrowing capacity for a car lease program to $1.1 billion from $600 million.

businessNews reuters.com

GE vows $20 billion asset sales, 'sweeping change' as profit falls

NEW YORK (Reuters) - General Electric Co's new chief executive vowed on Friday to shed more than $20 billion worth of assets and hold executives accountable for failing to deliver profits after what he called "horrible" results in the third quarter.

businessNews reuters.com

Tesla raises borrowing capacity under warehouse agreements to $1.1 billion

(Reuters) - Tesla Inc said on Friday it has increased its borrowing capacity, related to an agreement, to $1.1 billion as the electric car maker spends heavily to fix production bottlenecks of its new Model 3 sedan.

businessNews reuters.com

Snap lays off 18 employees in recruiting division

SAN FRANCISCO (Reuters) - Social media company Snap Inc said on Friday it had laid off 18 people in its recruiting division, an unusual move for a young company with ambitious growth plans and a likely reflection of tough competition from Facebook Inc .

businessNews reuters.com

Wall Street hits record highs; tax plan hopes fuel optimism

NEW YORK (Reuters) - U.S. stocks hit record closing highs on Friday and the S&P 500 posted a sixth week of gains after the U.S. Senate passed a budget resolution, lifting hopes that President Donald Trump's tax-cut plan may move forward.

businessNews reuters.com

Stock market's future in Trump's hands as Federal Reserve chair pick looms

NEW YORK (Reuters) - Investors awaiting the nomination of the next Federal Reserve chair are hoping whoever is nominated pursues the same monetary policy that has supported rising stock prices for the past nine years.

cnn.com

Amazon could put its second HQ in Canada

businessNews reuters.com

Nestle CEO praised by Third Point but hedge fund still wants more

LONDON/BOSTON (Reuters) - Nine months into leading the world's biggest packaged food company, Nestle SA Chief Executive Mark Schneider got a tentative thumbs-up from a prominent investor, who praised his early steps on Friday but said there was more work to be done.

businessNews reuters.com

Consumer Reports says Tesla misunderstands 'positive' Model 3 rating

DETROIT (Reuters) - Consumer Reports said on Friday that Tesla Inc had apparently misunderstood the "average" reliability rating the magazine assigned to the electric carmaker's Model 3 sedan this week, calling it generally "positive" for an all-new vehicle.

businessNews reuters.com

Bitcoin soars to record high above $6,000

NEW YORK (Reuters) - Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies.

businessNews reuters.com

Wall St gains, progress in Trump's tax plan lifts hopes

(Reuters) - U.S. stocks rose on Friday after the Senate passed a budget resolution, lifting hopes that President Donald Trump's tax-cut plan may move forward.

cnn.com

#2020Vision: Sanders, Biden up in New Hampshire

Our weekly roundup of the news, notes and chatter about the prospects for the next Democratic presidential race:

businessNews reuters.com

Whole Foods says hacking incident resolved

(Reuters) - Amazon.com Inc's Whole Foods Market said on Friday it had replaced affected point-of-sale systems at venues located within some stores where payment card information had been stolen.

sportsNews reuters.com

Lin out for season after knee surgery, Nets confirm

(Reuters) - Chinese-American Jeremy Lin will miss the rest of the NBA season, the Brooklyn Nets confirmed on Friday after the guard underwent surgery.

sportsNews reuters.com

Baker out as Nationals manager after two seasons

(The Sports Xchange) - Dusty Baker will not return to manage the Washington Nationals in 2018, the team announced Friday.

businessNews reuters.com

Top oilfield services firms signal fourth-quarter uncertainty

(Reuters) - The world's top two oilfield service firms on Friday warned slower producer spending and weakness in offshore exploration may weigh on current-quarter earnings, but said activity could improve in the longer term as the global crude market comes into balance.

businessNews reuters.com

Airbus sees CSeries jets grabbing major global market share: CEO

MONTREAL (Reuters) - Airbus SE expects to sell "thousands" of Bombardier Inc's new CSeries aircraft, capturing half the global market for smaller single-aisle commercial jets, Chief Executive Tom Enders said on Friday.

businessNews reuters.com

Fed's Mester calls for balance on bank regulation rethink

NEW YORK (Reuters) - Cleveland Federal Reserve Bank President Loretta Mester on Friday laid out a set of guiding principles by which to approach changes to U.S. banking regulations, emphasizing the need to tailor rules to risk, to boost cooperation across borders, and to aim for simplicity but not over-simplification.

businessNews reuters.com

Wall Street up as progress in Trump's tax plan lifts hopes

(Reuters) - U.S. stocks extended gains in early afternoon trading on Friday to scale new highs on hopes that President Donald Trump's tax-cut plan would make further headway after the Senate passed a budget resolution.

businessNews reuters.com

Wells Fargo fires forex bankers, investigates unit: WSJ

(Reuters) - Wells Fargo & Co , the third-largest U.S. bank by assets, has fired four foreign-exchange bankers amid an investigation into that business by both the bank and regulators, the Wall Street Journal reported, citing people familiar with the matter and the bank.

businessNews reuters.com

Merck to cut 1,800 U.S. sales jobs, add 960 in chronic care

(Reuters) - Drugmaker Merck & Co Inc , moving to a new sales team structure in the United States, plans to cut 1,800 sales positions, while adding 960 jobs to a new chronic care sales force, the company said on Friday.

businessNews reuters.com

Apple hit with trademark lawsuit over iPhone X 'animoji' feature

NEW YORK (Reuters) - A Japanese software company is suing Apple Inc in a U.S. court over the trademark for the term "animoji", alleging the U.S. technology company stole the name to use on a feature of its iPhone X.

Travel and Vacations nytimes.com

Vacationing in the United States? Be Warned, Some Countries Say

Mass shootings, potential terrorist attacks and natural disasters lead to a spate of new travel advisories.

businessNews reuters.com

Gillette weakens P&G report after Peltz row

(Reuters) - Procter & Gamble Co disappointed Wall Street with sales on Friday, hurt by continuing weakness in its Gillette business, a week after it claimed to have fought off hedge-fund manager Nelson Peltz's move to muscle onto the board.

businessNews reuters.com

BMW raided in cartel investigation as Daimler claims immunity

MUNICH/BRUSSELS (Reuters) - BMW's headquarters were raided by European Union officials investigating an alleged cartel among German carmakers, it said on Friday, as rival Daimler claimed whistleblower status in an effort to avoid fines.

businessNews reuters.com

Tech, bank stocks lift Wall Street; tax-cut plan back in focus

(Reuters) - Technology and bank stocks lifted Wall Street on Friday and investor optimism received a fresh boost from Washington, where the Trump administration inched a step closer to implementing tax-cut plan.

businessNews reuters.com

Exclusive: PDVSA blocked from using NuStar terminal over unpaid bills

HOUSTON (Reuters) - Venezuela's state-run petroleum firm PDVSA has been barred from using a NuStar Energy oil storage terminal in the Caribbean over $26 million in unpaid bills, according to documents reviewed by Reuters, halting delivery of a cargo to an oil trader.

businessNews reuters.com

Wells Fargo scrutinized by regulator for auto insurance program: NYT

(Reuters) - Wells Fargo & Co engaged in deceptive auto insurance practices, failed to properly manage risks and hasn't set aside enough funds to pay back affected customers, the New York Times reported, citing a confidential report by federal regulators.

sportsNews reuters.com

Chen first, Hanyu second in grand prix season opener short program

MOSCOW (Reuters) - Reigning world champion Yuzuru Hanyu of Japan opened his grand prix season in Moscow on Friday by finishing second in the short program behind Nathan Chen of the United States.

cnn.com

Workers dangle from helicopters to fix power lines

Power workers with no fear of heights are being hoisted up by helicopter in the mountains of Puerto Rico to repair the island's devastated transmission lines.

businessNews reuters.com

Exclusive: Iberdrola demands change at Siemens Gamesa as problems mount

MADRID (Reuters) - Spanish utility Iberdrola is becoming increasingly concerned about the way German group Siemens is managing the Spanish-based wind power joint venture Siemens Gamesa , two people with knowledge of the matter said.

businessNews reuters.com

Schlumberger, Baker Hughes warn of weak fourth quarter

(Reuters) - The world's top two oilfield services firms warned on Friday of a challenging fourth quarter for the industry, as investment slows due to soft oil prices and energy firms reducing activity on offshore rigs.

businessNews reuters.com

Bank, tech stocks lift Wall Street

(Reuters) - U.S. stocks inched higher on Friday as bank stocks rose and tech stocks recovered, with investor optimism back as Trump administration cleared a hurdle to lower taxes.

businessNews reuters.com

U.S. existing home sales unexpectedly rebound in September

WASHINGTON (Reuters) - U.S. home resales unexpectedly increased in September as the effects of Hurricanes Harvey and Irma began to dissipate, but a persistent dearth of properties for sale continued to weigh on overall activity.

businessNews reuters.com

S&P, Dow open at record highs on tax-cut optimism

(Reuters) - Wall Street opened higher on Friday, with the S&P and the Dow recording new highs, on growth optimism as the Trump administration inched a step closer to implementing its tax-cut plan.

companyNews reuters.com

MOVES-Chubb hires new global government and industry affairs head

Oct 20 (Reuters) - The world's largest listed property and casualty insurer Chubb Ltd named Jodi Bond senior vice president of its global government and industry affairs unit.

businessNews reuters.com

BMW confirms inspection by EU antitrust officials

MUNICH (Reuters) - German carmaker BMW on Friday confirmed that EU antitrust staff were in Munich this week to search its offices.

businessNews reuters.com

P&G's quarterly sales drag; Peltz still looms in board battle

(Reuters) - Consumer goods giant Procter & Gamble Co , which recently declared victory against hedge-fund manager Nelson Peltz's attempt to muscle his way onto the board, reported tepid sales that missed Wall Street estimates.

businessNews reuters.com

Schlumberger, Baker Hughes warn of North America slowdown

(Reuters) - Schlumberger Ltd and Baker Hughes , the world's top two oilfield services firms, warned on Friday of a slowdown in North America and a challenging year ahead as crude oil prices stay volatile.

companyNews reuters.com

XPO Logistics adding 6,000 holiday workers on e-commerce outlook

SEATTLE, Oct 20 (Reuters) - XPO Logistics Inc said on Friday it is hiring more than 6,000 seasonal workers for the crucial peak holiday season, roughly 20 percent more than last year, as the third-largest publicly traded U.S. logistics company gears up for a surge in e-commerce deliveries.

worldNews reuters.com

South Sudan commander on trial for rape, murder of aid workers found dead

JUBA (Reuters) - A South Sudanese army commander on trial for his role in an attack on aid workers has been found dead in military custody, an army spokesman said on Friday.

businessNews reuters.com

Trump tax reform hopes boost dollar, stocks, bond yields

LONDON (Reuters) - European stocks, the dollar and bond yields climbed on Friday as investors speculated that the "Trumpflation trade" could be back in play, after the U.S. Senate approved a budget blueprint that paves the way for tax cuts.

businessNews reuters.com

Japan's Kobe Steel says violated statutory standards, losing customers

TOKYO (Reuters) - Kobe Steel Ltd sank deeper into crisis on Friday as the embattled company said it had lost some customers to competitors because of widespread data falsification that had extended to its mainstream steel sheet business.

businessNews reuters.com

P&G's profit beats Wall Street on higher sales of beauty, home care

(Reuters) - Consumer goods giant Procter & Gamble Co , which recently declared victory in an historic proxy fight with activist investor Nelson Peltz, reported a better-than-expected quarterly profit on Friday but sales slightly missed Wall Street estimates.

businessNews reuters.com

GE stock drops as profit misses, CEO cuts forecast

(Reuters) - General Electric Co's third-quarter profit missed Wall Street estimates by a wide margin on Friday and the industrial conglomerate slashed its earnings forecast, sending the year's worst-performing Dow stock down another 6 percent.

businessNews reuters.com

Futures up after Senate clears a hurdle to tax cuts

(Reuters) - U.S. stock index futures edged higher on Friday after the Senate cleared a budget blueprint, taking the Trump administration a step closer to fulfilling its promise of lowering taxes to stimulate growth.

businessNews reuters.com

Schlumberger warns of moderating North American activity

(Reuters) - Schlumberger Ltd posted a bigger quarterly profit on Friday as its North American business continues to be helped by strong shale drilling, but the oilfield services giant said that investments in the region was moderating.

businessNews reuters.com

Low pay, no bonus: U.S. retailers struggle with hiring

(Reuters) - U.S. retailers are finding it increasingly difficult to hire employees for stores and for middle and higher management as low pay and a feeling of uncertainty clouds the industry following a spate of bankruptcies and store closures.

businessNews reuters.com

GE's quarterly revenue rises 14.4 percent

(Reuters) - General Electric Co on Friday reported a 14.4 percent rise in revenue, aided by the acquisition of oilfield services provider Baker Hughes , but profit fell in the quarter.

cnn.com

'Walking Dead' goes to war in new season

The following is a spoiler-free review of "The Walking Dead" season premiere.

topNews reuters.com

Fate of New Hampshire Indonesians goes before U.S. judge in Boston

BOSTON (Reuters) - The case of 47 Indonesian Christians, who fled violence in that country two decades ago and now live illegally in New Hampshire, heads to Boston federal court on Friday, where a judge will weigh whether she can intervene in an immigration matter.

businessNews reuters.com

Former Rio Tinto CFO Elliott resigns from Britain's Takeover Panel

LONDON (Reuters) - Former Rio Tinto chief financial officer Guy Elliott has stepped down from Britain's Takeover Panel following fraud charges brought by the U.S. Securities and Exchange Commission (SEC) related to his time at the miner.

businessNews reuters.com

U.S. tax reform move boosts dollar, stocks, bond yields

LONDON (Reuters) - European stocks, the dollar and bond yields climbed on Friday as investors speculated on the return of the "Trumpflation trade", after the U.S. Senate approved a budget blueprint that paves the way for tax cuts.

Labor and Jobs nytimes.com

Contributing Op-Ed Writer: How Amazon Took Seattle’s Soul

Cities used to be tied to geography: a river, a port, the lee side of a mountain range.

businessNews reuters.com

UK business minister travels to Canada for talks on Bombardier deal

LONDON (Reuters) - British Business Secretary Greg Clark will hold talks in Canada on Friday to discuss Airbus SE's plans to buy a majority stake in Bombardier's C-Series jetliner program aimed at helping it avoid high U.S. import tariffs.

businessNews reuters.com

Kobe Steel crisis deepens as plant inspected for breach of industrial law

TOKYO (Reuters) - One of Kobe Steel Ltd's copper plants was being inspected for a possible breach of industrial standards, the government said on Friday, while the company said it was investigating reports it continued shipping products after discovering widespread tampering of product data.

worldNews reuters.com

Attack on workers at key Pakistan port for Chinese project; 26 hurt

QUETTA, Pakistan (Reuters) - Unidentified men threw a grenade into a laborers' hostel in the Pakistani port of Gwadar wounding 26 of them, police said on Friday, in an attack likely to raise concern about security for the Pakistani section of China's "Belt and Road" initiative.

businessNews reuters.com

Australian car manufacturing ends as GM Holden closes plant

SYDNEY (Reuters) - Australia's near 100-year automotive industry ended on Friday as GM Holden Ltd, a unit of U.S. carmaker General Motors Co , closed its plant in South Australia to move manufacturing to cheaper locations.

businessNews reuters.com

Asian shares, dollar gain after U.S. Senate passes budget plan

TOKYO (Reuters) - Asian shares and the dollar gained on Friday after the U.S. Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut package without Democratic support.

businessNews reuters.com

In Kuroda's face - researchers find ways to predict central bank changes

TOKYO (Reuters) - For decades, economists have tried to guess central bank policy direction by studying subtle changes in official language -- now, researchers are finding new clues on policy, not in the words of central banker but in their faces.

companyNews reuters.com

China hires 10 banks including Citigroup, HSBC for $2 bln sovereign bond issue

HONG KONG, Oct 20 (Reuters) - China has hired 10 banks including Agricultural Bank of China Bank of Communications, and Citigroup for its $2 billion dollar-denominated sovereign bond issue, according to an internal bank memo seen by Reuters on Friday.

businessNews reuters.com

Kobe Steel data fabrication continued after misconduct discovered: Nikkei

TOKYO (Reuters) - Data fabrication at Kobe Steel Ltd continued at its aluminum and steel unit after an internal investigation discovered the misconduct, the Nikkei newspaper reported on Friday.

businessNews reuters.com

Asian shares perk up after U.S. Senate passes budget plan

TOKYO (Reuters) - Asian shares shrugged off early sluggishness and gained on Friday, and the dollar rose after the U.S. Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut package without Democratic support.

businessNews reuters.com

Ackman urges ADP to consider acquiring Ceridian amid proxy fight

BOSTON (Reuters) - Activist investor William Ackman, currently battling for board seats at Automatic Data Processing Inc , on Thursday said the human resource software company should buy rival Ceridian, in a move that could woo customers with a better product.

Japan nytimes.com

Japan’s Young Workers Get a Lift, and Its Leaders Profit

Prime Minister Shinzo Abe stands to benefit in Sunday’s elections because wage growth and a tight job market have demoted the economy as a campaign issue.

businessNews reuters.com

Japan government wants to get actively involved in Kobe Steel issue: trade minister

TOKYO (Reuters) - The Japanese government wants to get actively involved in the issue of Kobe Steel's data fabrications, Hiroshige Seko, the minister of economy, trade and industry, said on Friday.

businessNews reuters.com

Singapore Airlines to finalize $13.8 billion Boeing order next week

SINGAPORE (Reuters) - Singapore Airlines Ltd said on Friday it will finalize an order for 39 Boeing Co aircraft worth $13.8 billion at list prices when Singaporean Prime Minister Lee Hsien Loong visits Washington D.C. next week.

businessNews reuters.com

Exclusive: Tech companies to lobby for immigrant 'Dreamers' to remain in U.S.

SAN FRANCISCO (Reuters) - Nearly two dozen major U.S. companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen by Reuters.

businessNews reuters.com

Asian shares edge higher, Fed chief speculation tempers appetite

TOKYO (Reuters) - Asian shares inched slightly higher on Friday, but grappled for firmer leads as speculation about who the next U.S. central bank chief will be kept global investors wary.

businessNews reuters.com

Nissan's inappropriate inspections started at least 20 years ago: NHK

TOKYO (Reuters) - Inappropriate inspection practices at Nissan Motor Co had been going for at least 20 years, Japanese national broadcaster NHK reported on Friday, in a new revelation that could further roil Japan's second-biggest automaker.

businessNews reuters.com

SoftBank's big checks are stalling tech IPOs

LAGUNA BEACH, Calif. (Reuters) - Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp and Middle East sovereign wealth funds, have extinguished hopes that the technology IPO market would bounce back this year.

companyNews reuters.com

UPDATE 2-Billions in tax breaks offered to Amazon for second headquarters

Oct 19 (Reuters) - Amazon.com Inc is receiving offers of billions of dollars in tax breaks and other subsidies from cities and states across North America that are participating in a company contest to pick a location for its second headquarters.

businessNews reuters.com

PayPal tops profit estimates, lifts target on mobile payments growth

(Reuters) - Sharp growth in mobile payments led PayPal Holdings Inc to report a better-than-expected third-quarter profit on Thursday and lift its guidance for earnings through the rest of the year.

businessNews reuters.com

Dow, S&P 500 eke out record highs, turn up after Fed Powell report

NEW YORK (Reuters) - The Dow and S&P 500 eked out record closing highs on Thursday, turning higher at the last minute after a Politico report that Federal Reserve Governor Jerome Powell is the leading candidate for the nominee for Fed chair.

businessNews reuters.com

Mexican auto lobby rejects U.S. NAFTA proposal on rules of origin

MEXICO CITY (Reuters) - The Mexican Auto Industry Association (AMIA) on Thursday rejected U.S. proposals to increase North American content for autos produced in the region and require, under a new NAFTA deal, that half of all content come from the United States.

businessNews reuters.com

PayPal quarterly profit beats on higher mobile transaction volume

(Reuters) - Payment processor PayPal Holdings Inc reported a better-than-expected quarterly profit on Thursday, helped by mobile payments volume that more than doubled.

cnn.com

United shares nosedive after CEO admits airline is in a 'competitive hole'

businessNews reuters.com

S&P 500 ekes out record high, turns higher after Fed Powell report

NEW YORK (Reuters) - The Dow and S&P 500 eked out record closing highs on Thursday, turning higher at the last minute after a Politico report that Federal Reserve Governor Jerome Powell is the leading candidate for the nominee for Fed chair.

businessNews reuters.com

Whirlpool seeks 50 percent duties on LG, Samsung washers in U.S. trade case

WASHINGTON (Reuters) - Whirlpool and GE Appliances asked a U.S. trade panel on Thursday to recommend 50 percent import duties on large residential washing machines to ensure that rivals LG and Samsung follow through on plans to shift washer production to the United States.

businessNews reuters.com

Airbus CSeries deal unlikely to spur quick boost in sales: Air Lease CEO

MONTREAL (Reuters) - Airbus SE's deal with Bombardier boosts confidence in the CSeries jet program but may not spur many new sales until it is finalized and a U.S. trade dispute is resolved, the head of a major aircraft leasing firm said on Thursday.

companyNews reuters.com

BRIEF-People's United Financial reports Q3 earnings $0.26/shr

* People's United Financial reports third quarter net income of $90.8 million, or $0.26 per common share

businessNews reuters.com

Wall Street ends flat; late gains on Fed Powell report

NEW YORK (Reuters) - U.S. stocks closed flat on Thursday, coming back from sharp losses after the open, while Apple fell more than 2 percent to lead a decline in technology shares.

businessNews reuters.com

Paypal third-quarter profit rises 17.6 percent

(Reuters) - Payment processor PayPal Holdings Inc reported a 17.6 percent rise in quarterly profit, helped by higher ecommerce spending.

technologyNews reuters.com

Billions in tax breaks offered to Amazon for second headquarters

(Reuters) - A public contest ending Thursday to bid over housing Amazon.com Inc's second headquarters has drawn pitches from governors and a prime minister, marketing campaigns and offers of tax credits worth at least as much as $7 billion.

businessNews reuters.com

Facebook to launch news subscription feature, some big names opt out

(Reuters) - Facebook Inc said on Thursday it has signed up 10 news publishers including the Washington Post and The Economist to take part in a trial that gives its mobile app users access to a limited number of articles a month and then the option to subscribe via the publishers' own websites.

businessNews reuters.com

U.S. auto reliability dented by new technology; electric cars fare better: report

DETROIT (Reuters) - New technology to stream music into dashboards or boost fuel efficiency is making cars less reliable, although electric cars such as the Tesla Model 3 and the Chevrolet Bolt should fare better than many conventional models, Consumer Reports magazine said on Thursday.

businessNews reuters.com

Wall Street pauses after record highs; tech a drag

NEW YORK (Reuters) - U.S. stocks were flat on Thursday, pausing after their recent run of record highs, as technology shares dragged and some earnings disappointed.

companyNews reuters.com

BRIEF-United Automobile Workers says members at Baltimore Horseshoe Casino ratify contract‍​

* UAW members at Baltimore Horseshoe Casino ratify contract‍​

sportsNews reuters.com

Tennis: Berdych, Kyrgios cut seasons short due to injuries

LONDON (Reuters) - Czech Tomas Berdych and Australian Nick Kyrgios are the latest leading players to end their seasons early due to injury problems, they said on Thursday.

cnn.com

See New York light up to woo Amazon

New York City joined the dozens of cities vying to be Amazon's next headquarters.

companyNews reuters.com

BRIEF-Athenahealth lays off more than 400 workers- Boston Business Journal

* Athenahealth lays off more than 400 workers- Boston Business Journal, citing sources‍​ Source text : http://bit.ly/2gS3sw1