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BRIEF-Sabby Management​ Reports 9.99 Pct Passive Stake In InspireMD

* SABBY MANAGEMENT​ REPORTS 9.99 PERCENT PASSIVE STAKE IN INSPIREMD AS OF DEC 12 - SEC FILING‍ Source text: (http://bit.ly/2zcFtkG) Further company coverage:

technologyNews reuters.com

Google Brain co-founder teams with Foxconn to bring AI to factories

(Reuters) - Andrew Ng, co-founder of some of Alphabet Inc -owned Google's most prominent artificial intelligence projects, on Thursday launches a new venture with iPhone assembler Foxconn to bring AI and so-called machine learning onto the factory floor.

businessNews reuters.com

Disney to buy Fox film, some TV businesses for $52 billion

(Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion in stock as the world's largest entertainment company seeks even greater scale to combat growing digital rivals Netflix Inc and Amazon.com Inc.

businessNews reuters.com

Disney to buy Fox film, TV businesses for $52 billion

(Reuters) - Walt Disney Co on Thursday agreed to buy film, TV and international assets from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion as Disney seeks greater scale to tackle growing competition from Netflix and Amazon.com.

cnn.com

The $52.4 billion deal for much of Rupert Murdoch's company could help Disney fend off digital rivals

PersonalFinance reuters.com

Column: New U.S. state retirement plans are welcome, but why so expensive?

CHICAGO (Reuters) - Next month, Oregon will become the first U.S. state to start automatically signing up workers to save for retirement if they do not already have a workplace 401(k).

PersonalFinance reuters.com

Vivienne Tam scales fashion peaks with China Chic

NEW YORK (Reuters) - Some of us are fortunate to find a calling in life early on, and for Vivienne Tam it was literally by design.

companyNews reuters.com

BRIEF-Yirendai Announces Strategic Investment In Lion Rock

* YIRENDAI LTD SAYS HAS MADE STRATEGIC INVESTMENT IN LION ROCK, THROUGH LION ROCK'S SERIES A FINANCING OF HK$50 MILLION Source text for Eikon: Further company coverage:

companyNews reuters.com

Turkish banker accused of helping Iran launder money seeks mistrial

NEW YORK, Dec 13 (Reuters) - Lawyers for a Turkish banker on trial in New York on charges that he helped Iran evade U.S. sanctions asked a judge on Wednesday to declare a mistrial, saying testimony by a former Turkish police investigator should not have been allowed in court.

businessNews reuters.com

Disney deal set to value Fox at more than $75 billion: source

(Reuters) - Walt Disney Co's deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc will value the latter at over $40 per share, or $75 billion, a person familiar with the matter said.

companyNews reuters.com

UPDATE 1-Disney deal set to value Fox at more than $75 billion -source

Dec 13 (Reuters) - Walt Disney Co's deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc will value the latter at over $40 per share, or $75 billion, a person familiar with the matter said.

PersonalFinance reuters.com

Use balance transfers to start 2018 with path to pay off debt

NEW YORK (Reuters) - When the U.S. Federal Reserve raises interest rates, as it did on Wednesday by a quarter-percentage point, the first pinch consumers usually feel is higher interest rates on...

PersonalFinance reuters.com

Activist investor Primestone urges Tennant to merge with Nilfisk

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

PersonalFinance reuters.com

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

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

sportsNews reuters.com

NFL: Bengals co-founder Pete Brown dies

(The Sports Xchange) - Pete Brown, the Cincinnati Bengals' senior vice president of player personnel and co-founder of the team in the mid-1960s along with his brother Mike and father Paul Brown, died Tuesday. He was 74.

PersonalFinance reuters.com

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

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

companyNews reuters.com

UPDATE 3-Honeywell sees higher 2018 profit, says tax bill could spur investment

* Shares up 1.6 percent (Adds CFO quotes from conference call and analyst comment; updates share)

companyNews reuters.com

BRIEF-Element Fleet Management Comments On Media Reports Speculating Potential Deals Involving Co

* ELEMENT FLEET MANAGEMENT COMMENTS ON MEDIA REPORTS SPECULATING POTENTIAL DEALS INVOLVING CO

businessNews reuters.com

Sports Direct shareholders veto payment to brother of founder Mike Ashley

LONDON (Reuters) - Independent shareholders in Sports Direct on Wednesday voted against making a retrospective payment of 11 million pounds ($15 million) to the brother of founder and majority shareholder Mike Ashley for his work as an IT expert.

businessNews reuters.com

Airbus leadership under fire as crisis deepens

TOULOUSE/PARIS (Reuters) - Airbus is engulfed in a fresh bout of speculation over the future of senior managers as corruption probes rattle the aerospace company and add fuel to a long-running clash of egos at the top, people familiar with the group said.

technologyNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

Kremlin says Austrian gas accident underlines Gazprom's projects importance

MOSCOW, Dec 13 (Reuters) - The explosion, which rattled Austria's main gas pipeline hub and led to gas supplies disruptions in Europe, has underlined the need for Gazprom's gas projects, a Kremlin spokesman said on Wednesday.

topNews reuters.com

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

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

technologyNews reuters.com

Founder of China's embattled LeEco placed on debt blacklist

SHANGHAI (Reuters) - The high-profile founder of struggling Chinese tech conglomerate LeEco has been placed on an official blacklist of debt defaulters, a further blow to a firm that had spent heavily to compete in areas from smart cars to online entertainment.

businessNews reuters.com

Asian shares flat, Fed hike expectations underpin dollar

TOKYO (Reuters) - Asian shares were treading water in early trade on Wednesday as crude oil futures steadied after a selloff, while a widely expected interest rate hike from the Federal Reserve underpinned the dollar.

companyNews reuters.com

GLOBAL MARKETS-Asian shares flat, Fed hike expectations underpin dollar

TOKYO, Dec 13 (Reuters) - Asian shares were treading water in early trade on Wednesday as crude oil futures steadied after a selloff, while a widely expected interest rate hike from the Federal Reserve underpinned the dollar.

Hanukkah nytimes.com

Op-Ed Contributor: Lighting Hanukkah Candles Under the Swastika’s Shadow

Tonight a menorah that began its life in Nazi Germany will be lit in Israel.

companyNews reuters.com

BRIEF-‍Alimentation Couche-Tard Founder Alain Bouchard To Sell Shares

* ALIMENTATION COUCHE-TARD- ALAIN BOUCHARD HAS INFORMED CORPORATION OF HIS INTENTION TO SELL 200,000 CLASS B SUBORDINATED VOTING SHARES THAT HE HOLDS​

companyNews reuters.com

UPDATE 2-Toshiba, Western Digital end chip dispute; joint investment to resume

* Western Digital drops effort to stop the chip sale to Bain group

technologyNews reuters.com

Toshiba, Western Digital end chip dispute; joint investment to resume

(Reuters) - Toshiba Corp and its chip business partner Western Digital Corp agreed to settle a long-running dispute over the embattled Japanese conglomerate's plans to sell its chip unit, the companies said in a statement, removing a key obstacle to the deal.

companyNews reuters.com

UPDATE 1-Toshiba, Western Digital end chip dispute; joint investment to resume

Dec 13 (Reuters) - Toshiba Corp and its chip business partner Western Digital Corp agreed to settle a long-running dispute over the embattled Japanese conglomerate's plans to sell its chip unit, the companies said in a statement, removing a key obstacle to the deal.

PersonalFinance reuters.com

Public pension funded ratio up in third quarter 2017: report

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

companyNews reuters.com

BRIEF-Waddell & Reed Financial Reports Preliminary Assets Under Management Of $81.4 Bln As Of Nov 30

* WADDELL & REED FINANCIAL, INC. ANNOUNCES NOVEMBER 30, 2017 ASSETS UNDER MANAGEMENT

PersonalFinance reuters.com

Desjardins, credit union centrals, Cumis to form Aviso Wealth

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

Elections, Senate nytimes.com

Many G.O.P. Blunders Put Seat at Risk, Even Before Scandal

Republicans made a lengthy list of errors, giving Democrats an opening well before Roy Moore was accused of sexual misbehavior.

worldNews reuters.com

Bulgaria freezes assets of independent media publisher

SOFIA (Reuters) - Bulgaria has frozen assets and property and bank accounts belonging to businessman and media owner Ivo Prokopiev, who said the state was trying to silence the country's independent media.

businessNews reuters.com

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

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

companyNews reuters.com

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

companyNews reuters.com

BRIEF-T. Rowe Price Group Reports Preliminary Month-End Assets Under Management Of $991 Bln As Of November 30, 2017

* T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR NOVEMBER 2017

businessNews reuters.com

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

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

PersonalFinance reuters.com

Vanguard looks to blockchain for index data

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

businessNews reuters.com

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

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

companyNews reuters.com

Germany's VDMA sees UK engineering market stagnating under Brexit

FRANKFURT, Dec 12 (Reuters) - German engineering association VDMA expects the British market to stagnate next year as manufacturers hold off investments in factory equipment while they wait for a degree of clarity in Brexit negotiations.

Mergers, Acquisitions and Divestitures nytimes.com

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

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

companyNews reuters.com

Russia's Rosneft asks to freeze some of Sistema's assets-RIA

MOSCOW, Dec 12 (Reuters) - Russian oil major Rosneft is seeking a freezing injunction in respect of some of Sistema's assets under its second legal claim against the conglomerate, the RIA news agency quoted a Rosneft spokesman as saying on Tuesday.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

PersonalFinance reuters.com

The write stuff: Life lessons from author James Patterson

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

cnn.com

Comcast drops bid for 21st Century Fox assets

companyNews reuters.com

FS Investments moves lending platform from Blackstone to KKR

Dec 11 (Reuters) - Debt investment company FS Investment Corp and buyout firm KKR are pooling together more than $18 billion in private capital to invest in mid-sized businesses, in a push to do bigger deals which are out of reach for other alternative lenders.

PersonalFinance reuters.com

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

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

businessNews reuters.com

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

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

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:

businessNews reuters.com

Comcast drops bid for Fox assets, leaving Disney in pole position

(Reuters) - Comcast Corp said on Monday it had abandoned its bid for most of the assets of Rupert Murdoch’s Twenty-First Century Fox Inc , leaving Walt Disney Co as the sole suitor in pursuit of the $40 billion-plus deal.

companyNews reuters.com

BRIEF-Ra Capital Management Reports 16.2 Percent Passive Stake In Scpharmaceuticals

* RA CAPITAL MANAGEMENT, LLC REPORTS 16.2 PERCENT PASSIVE STAKE IN SCPHARMACEUTICALS INC AS OF NOVEMBER 17 - SEC FILING Source text for Eikon: (http://bit.ly/2Bzh23r) Further company coverage:

companyNews reuters.com

BRIEF-Under Armour Announces New Senior Management Additions In Europe And Communications

* UNDER ARMOUR ANNOUNCES NEW SENIOR MANAGEMENT ADDITIONS IN EUROPE AND COMMUNICATIONS

businessNews reuters.com

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

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

PersonalFinance reuters.com

Marcato says Deckers' rejected offer to settle proxy contest

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

PersonalFinance reuters.com

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

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

companyNews reuters.com

BRIEF-Cohen & Steers says preliminary assets under management $62.6 bln

* COHEN & STEERS ANNOUNCES PRELIMINARY ASSETS UNDER MANAGEMENT AND NET FLOWS FOR NOVEMBER 2017

politicsNews reuters.com

U.S. Treasury adds cash management measures due to debt limit

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin on Monday announced cash management measures to avoid a U.S. default.

PersonalFinance reuters.com

Marcato sets condition for Deckers interviewing its nominees

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

businessNews reuters.com

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

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

PersonalFinance reuters.com

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

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

worldNews reuters.com

Ukrainian judge turns down request to place Saakashvili under house arrest

KIEV (Reuters) - A Ukrainian judge on Monday turned down the prosecutors' request to place Ukrainian opposition figure Mikheil Saakashvili under house arrest, paving the way for his release from detention.

worldNews reuters.com

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

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

environmentNews reuters.com

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

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

sportsNews reuters.com

Olympics: Don't underestimate me, Vonn warns young athletes

(Reuters) - Olympic gold medalist Lindsey Vonn is warning young athletes in next year's Pyeongchang winter Olympic Games not to underestimate the older competitors.

PersonalFinance reuters.com

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

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

businessNews reuters.com

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

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

topNews reuters.com

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

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

worldNews reuters.com

Catalan protesters clash with police over 'plunder' of religious artefacts

BARCELONA (Reuters) - Protesters clashed with police trying to reclaim disputed religious artefacts from a museum in Catalonia on Monday, in the latest display of tension between Catalan separatists and Spain's central government ahead of a Dec. 21 election.

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.

companyNews reuters.com

BRIEF-FS Investments, EIG Global Energy Partners To Form Partnership

* FS INVESTMENTS AND EIG GLOBAL ENERGY PARTNERS TO FORM PARTNERSHIP TO MANAGE $4 BILLION FS ENERGY AND POWER FUND

companyNews reuters.com

BRIEF-FS Investments, KKR To Form Middle Market Alternative Lending Platform

* FS INVESTMENTS AND KKR PARTNERING TO FORM PREMIER $18 BILLION MIDDLE MARKET ALTERNATIVE LENDING PLATFORM

worldNews reuters.com

Britain steps up battle against money laundering

LONDON (Reuters) - Britain's government said on Monday it will create a new national economic crime center to crack down harder on money laundering by drug dealers and people traffickers who are expected to net 90 billion pounds ($120.3 billion) this year.

companyNews reuters.com

UPDATE 5-Oil prices slip under shadow of U.S. drilling

* Output rise undermines OPEC-led efforts to tighten market (Updates throughout, changes dateline from SINGAPORE)

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

Bahraini civil society group under pressure after Israel visit

DUBAI (Reuters) - A Bahraini civil society group has defended sending a delegation to Israel as a gesture of tolerance and coexistence, state news agency BNA has reported, after news of the visit sparked wide anger on social media.

topNews reuters.com

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

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

worldNews reuters.com

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

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

Clean Water Act nytimes.com

Under Trump, E.P.A. Has Slowed Down Actions Against Polluters, and Curbed Enforcement

An analysis of enforcement data at the E.P.A. shows a substantial drop in activity against polluters when compared to the Obama and Bush administrations.

sportsNews reuters.com

Golf: McIlroy to undertake busy build-up to 2018 Masters

(Reuters) - Rory McIlroy has announced he will play at least seven events in early 2018 in a busy build-up to the U.S. Masters, where he will attempt to complete the grand slam of major titles in April.

Pain-Relieving Drugs nytimes.com

Supplements Claiming to Ease Opioid Addiction Come Under Scrutiny

Advocacy groups and the F.D.A. have warned that companies are capitalizing on the epidemic by offering unproven remedies.

PersonalFinance reuters.com

SEC to delay mutual fund disclosures in cybersecurity push

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

companyNews reuters.com

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

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

Tax Credits, Deductions and Exemptions nytimes.com

Your Money: Under New Tax Plan, the Cost of Aging Could Rise

If the tax bill removes medical expense deductions, many people could lose over $10,000 annually.

companyNews reuters.com

BRIEF-Destination Xl Group Entered Into Letter Agreement With Prescott Group Capital Management

* DESTINATION XL GROUP - ON DEC 6, CO ENTERED INTO LETTER AGREEMENT WITH PRESCOTT GROUP CAPITAL MANAGEMENT L.L.C. & AFFILIATES & THEIR ASSOCIATES

companyNews reuters.com

BRIEF-Lombard Odier Asset Management Owns About 9.85% Issued & Outstanding Ordinary Shares Of Horizonte Minerals As At Dec 8

* LOMBARD ODIER ASSET MANAGEMENT - AS AT DEC 8, CO HAS OWNERSHIP OF ABOUT 9.85% OF ISSUED & OUTSTANDING ORDINARY SHARES OF HORIZONTE MINERALS Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Coherus Says Judge Issued Under Seal Report & Recommendation In Relation To Patent Infringement Complaint

* COHERUS SAYS U.S. JUDGE RECOMMENDED COURT GRANT CO'S PENDING MOTION TO DISMISS AMGEN'S COMPLAINT FOR FAILURE TO STATE CLAIM

companyNews reuters.com

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

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

companyNews reuters.com

BRIEF-Edgepoint Investment Group Reports 10.6 Pct Passive Stake In Novelion Therapeutics

* EDGEPOINT INVESTMENT GROUP INC REPORTS 10.6 PERCENT PASSIVE STAKE IN NOVELION THERAPEUTICS INC AS OF NOVEMBER 30 - SEC FILING Source text : http://bit.ly/2yOFk6N Further company coverage:

PersonalFinance reuters.com

UBS investment bank head wary on 2018 outlook

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

PersonalFinance reuters.com

City of London sticks to Brexit plans despite progress

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

companyNews reuters.com

UPDATE 1-Elliott Management seeks changes at Alexion - NYT

Dec 8 (Reuters) - U.S. hedge fund Elliott Management, which has built a stake in Alexion Pharmaceuticals, is urging the company to take more action to boost its stock price, including exploring a sale, the New York Times reported on Thursday.

companyNews reuters.com

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

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

companyNews reuters.com

BRIEF-CVI Investments Inc Reports A 6.1 Pct Passive Stake In Myomo

* CVI INVESTMENTS INC REPORTS A 6.1 PCT PASSIVE STAKE IN MYOMO INC AS OF NOV 30 - SEC FILING Source text: (http://bit.ly/2y8iUcV) Further company coverage:

companyNews reuters.com

CORRECTED-Elliott Management seeks changes at Alexion - NYT (Dec. 7)

Dec 7 (Reuters) - U.S. hedge fund Elliott Management, which has built a stake in Alexion Pharmaceuticals, is urging the company to take more action to boost its stock price, including exploring a sale, the New York Times reported on Thursday.

companyNews reuters.com

BRIEF-PNM Resources' Management Announces 2018 And 2019 Ongoing Earnings Guidance

* PNM RESOURCES' MANAGEMENT ANNOUNCES 2018 AND 2019 ONGOING EARNINGS GUIDANCE

worldNews reuters.com

Vatican should bring money-laundering cases to trial, watchdog agency says

VATICAN CITY (Reuters) - The Vatican needs to bring cases of suspected money laundering to trial, a European finance watchdog urged on Friday, saying the good progress made by its financial regulators needed to be matched by judicial muscle.

companyNews reuters.com

UPDATE 2-China's HNA pushes back against liquidity concerns, won't sell assets "blindly"

* Group exec says dismisses concerns about "liquidity crisis"

companyNews reuters.com

UPDATE 1-China's HNA pushes back against liquidity concerns, wont sell assets "blindly"

* HNA's leverage, ownership under scrutiny after $50 bln in deals (Adds quotes and comments from HNA executive)

sportsNews reuters.com

Soccer: Born in Japan, playing for North Korea under shadow of missile crisis

TOKYO (Reuters) - Born and raised in Japan, three North Korean soccer players are expecting to face boos from the home crowd in a match that comes less than two weeks after the latest North Korean test missile splashed into the Sea of Japan.

companyNews reuters.com

China's HNA says it is not selling assets "blindly"

HONG KONG, Dec 8 (Reuters) - Chinese conglomerate HNA Group is not selling assets "blindly" and has no plans to sell its stakes in Deutsche Bank or Hilton Worldwide in the near future, a senior executive told Reuters on Friday.

companyNews reuters.com

Elliott Management seeks changes at Alexion - NYT

Dec 7 (Reuters) - U.S. hedge fund Elliot Management, which has built a stake in Alexion Pharmaceuticals, is urging the company to take more action to boost its stock price, including exploring a sale, the New York Times reported on Thursday.

PersonalFinance reuters.com

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

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

companyNews reuters.com

BRIEF-Tyson Foods Makes Additional Investment In Beyond Meat

* TYSON FOODS INC - HAS MADE AN ADDITIONAL INVESTMENT IN BEYOND MEAT THROUGH TYSON'S VENTURE CAPITAL FUND

companyNews reuters.com

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

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

businessNews reuters.com

Exclusive: Wells Fargo sanctions are on ice under Trump official - sources

WASHINGTON (Reuters) - The new acting head of the U.S. consumer finance watchdog is reviewing whether Wells Fargo & Co should pay tens of millions of dollars over alleged mortgage lending abuse, according to three sources familiar with the dispute.

cnn.com

Trump to undergo a physical at Walter Reed

President Donald Trump will undergo a physical examination early next year and allow doctors to release details of his medical evaluation, keeping with past precedent.

PersonalFinance reuters.com

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

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

companyNews reuters.com

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

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

companyNews reuters.com

BRIEF-BNDES CEO says investment arm BNDESPar may sell part of its portfolio

Dec 7 (Reuters) - Banco Nacional De Desenvolvimento Economico E Social Bndes:

companyNews reuters.com

BRIEF-WSFS and SoFi Strike Agreement on New Cash Management Account

* WSFS AND SOFI STRIKE AGREEMENT ON NEW CASH MANAGEMENT ACCOUNT

Agriculture and Farming nytimes.com

Herbs From the Underground

Farm.One just opened an indoor rare herb and flower garden in a TriBeCa basement, and many prominent chefs are flocking to it.

businessNews reuters.com

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

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

PersonalFinance reuters.com

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

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

PersonalFinance reuters.com

Retail disruption is nothing compared to gnarly first jobs

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

PersonalFinance reuters.com

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

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

politicsNews reuters.com

Under pressure, Democratic Senator Franken to address calls to step down

WASHINGTON (Reuters) - Democratic Senator Al Franken will announce his decision to remain in or resign from the U.S. Senate on Thursday after facing intense pressure from members of his own party to step down following allegations of sexual misconduct.

companyNews reuters.com

Ant Financial's Yu'e Bao caps daily investment at $3,000

BEIJING, Dec 7 (Reuters) - Ant Financial's money market fund will cap the daily amount users can invest at 20,000 yuan ($3,023) from Friday, said Tianhong Asset Management Co Ltd, which manages the fund.

companyNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

UPDATE 1-Telecoms group Orange aims to boost profit margins through to 2020 via networks investments

* Strategy contrasts with that of rival Altice (Recasts story, adds detail, background)

companyNews reuters.com

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

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

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.

PersonalFinance reuters.com

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

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

companyNews reuters.com

BRIEF-‍Lundin Gold Draws $40 Mln Under Gold Prepay Facility

* ‍LUNDIN GOLD DRAWS US$40 MILLION UNDER GOLD PREPAY FACILITY AS IT CONTINUES TO ADVANCE FRUTA DEL NORTE​

businessNews reuters.com

Chevron sets 2018 capital budget at $18.3 billion

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

companyNews reuters.com

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

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

PersonalFinance reuters.com

Proxy firm ISS advises shareholders to back Marcato at Deckers

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

politicsNews reuters.com

Blackwater founder Prince details meeting with Russian in Seychelles

WASHINGTON (Reuters) - Erik Prince, founder of military contractor Blackwater and a supporter of President Donald Trump, told U.S. lawmakers he had discussed U.S.-Russia relations during a meeting in the Seychelles with a Russian business executive with ties to the Kremlin, but insisted they did not discuss sanctions.

PersonalFinance reuters.com

Proxy advisory firm ISS switches Deckers recommendation to Marcato nominees

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

companyNews reuters.com

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

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

companyNews reuters.com

BRIEF-Walt Disney CEO Iger Likely To Extend Tenure Past 2019 To Facilitate Integration Of Fox Assets With Disney - CNBC, citing DJ

* WALT DISNEY CO. CEO IGER LIKELY TO EXTEND TENURE PAST 2019 TO FACILITATE INTEGRATION OF FOX ASSETS WITH DISNEY - CNBC, CITING DOW JONES‍​ Further company coverage:

PersonalFinance reuters.com

My taxes probably are going up. Are yours?

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

businessNews reuters.com

Home Depot sets $15 billion share buyback, investment plan

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

companyNews reuters.com

UPDATE 3-Home Depot sets $15 bln share buyback, investment plan

Dec 6 (Reuters) - Home Depot Inc announced a $15 billion share buyback plan on Wednesday and said it would invest in improving its stores to hit a $120 billion annual sales target in the next three years.

companyNews reuters.com

BRIEF-Canadian General Investments Declares A Special Dividend of $0.04/Share

* CANADIAN GENERAL INVESTMENTS, LIMITED DECLARES A SPECIAL DIVIDEND ON COMMON SHARES

companyNews reuters.com

BRIEF-Sabby Management LLC Reports A 9.20 Pct Passive Stake In Biocept

* SABBY MANAGEMENT LLC REPORTS A 9.20 PCT PASSIVE STAKE IN BIOCEPT INC AS OF DEC 5 - SEC FILING Source text: (http://bit.ly/2ACbgue) Further company coverage:

PersonalFinance reuters.com

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

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

PersonalFinance reuters.com

Short-seller Muddy Waters bets against OSI Systems

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

companyNews reuters.com

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

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

companyNews reuters.com

BRIEF-Ferroglobe Plc Updates On Open-Market Purchases Of Co's Shares By Its Senior Management

* FERROGLOBE PLC UPDATES ON OPEN-MARKET PURCHASES OF CO'S SHARES BY ITS SENIOR MANAGEMENT

businessNews reuters.com

UnitedHealth to buy DaVita primary care unit for $4.9 billion

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

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-Integrated Asset Management Qtrly Earnings Per Share $0.00

* INTEGRATED ASSET MANAGEMENT CORP. ANNOUNCES RESULTS FOR FISCAL 2017

companyNews reuters.com

BRIEF-SunOpta Announces Investment In Roasted Snacks Capabilities

* SUNOPTA INC. ANNOUNCES INVESTMENT IN ROASTED SNACKS CAPABILITIES

companyNews reuters.com

UPDATE 1-Fred's pulls dividend, says exploring options for some assets

Dec 6 (Reuters) - Discount store operator Fred's Inc canceled its quarterly cash dividend on Wednesday, and said it was exploring alternatives for its real estate and specialty pharmacy business.

companyNews reuters.com

US STOCKS-Futures under stress as tech selloff continues

Dec 6 (Reuters) - U.S. stock futures pointed to losses at the open on Wednesday as high-flying technology stocks fell for the fourth day on worries over lofty valuations and the impact of a tax overhaul on corporate earnings.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-Cleantech Solutions International Enters Into Conditional Share Swap Agreement With Ever-Long Holdings Ltd To Enter Investment Management Business

* CLEANTECH SOLUTIONS INTERNATIONAL ENTERS INTO CONDITIONAL SHARE SWAP AGREEMENT WITH EVER-LONG HOLDINGS LIMITED TO ENTER INVESTMENT MANAGEMENT BUSINESS

businessNews reuters.com

Home Depot announces $15 billion buyback program

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

companyNews reuters.com

China's HNA Group to sell overseas property, dispose non-core assets - 21st Century Business Herald

BEIJING, Dec 6 (Reuters) - HNA Group Co Ltd's Chief Executive Officer Adam Tan said the aviation-to-financial services conglomerate is negotiating to sell overseas real estate as part of a strategic streamlining, according to an interview published by 21st Century Business Herald.

cnn.com

Official: Blackwater founder proposed private spy network to Trump administration

The founder of the controversial military contracting firm Blackwater, Erik Prince, and his allies lobbied contacts inside the administration to provide the CIA with a private network of intelligence contractors, according to a US official with knowledge of the proposal.

companyNews reuters.com

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

* EQUINIX ANNOUNCES PRICING OF €1.0 BILLION SENIOR NOTES OFFERING

PersonalFinance reuters.com

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

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

environmentNews reuters.com

Interior secretary urges size cuts, management changes to more monuments

WASHINGTON (Reuters) - Interior Secretary Ryan Zinke on Tuesday recommended President Donald Trump reduce the size and change the management of more national monuments in the western United States, and lashed out at critics of cuts already announced to protected areas in Utah.

companyNews reuters.com

UPDATE 3-Disney's bid for Fox assets gains momentum -sources

Dec 5 (Reuters) - Walt Disney Co is in the lead to acquire much of Twenty-First Century Fox Inc's media empire, though rival suitor Comcast Corp remains in contention, people familiar with the matter said on Tuesday.

companyNews reuters.com

BRIEF-Hancock Jaffe Laboratories Adds Westpark Capital And Viewtrade Securities To Underwriters To IPO‍​

Dec 5 (Reuters) - Hancock Jaffe Laboratories Inc :

PersonalFinance reuters.com

Disrupt This! Innovation ETFs are storming the market

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

companyNews reuters.com

UPDATE 3-Dish co-founder Ergen steps down from CEO role to focus on wireless

Dec 5 (Reuters) - Dish Network Corp said on Tuesday co-founder Charlie Ergen has stepped down from his chief executive role to devote more time to build out the company's wireless business.

businessNews reuters.com

Nestle to buy vitamin maker Atrium Innovations for $2.3 billion

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

technologyNews reuters.com

Dish co-founder Ergen steps down from CEO role to focus on wireless

(Reuters) - Dish Network Corp said on Tuesday co-founder Charlie Ergen has stepped down from his chief executive role to devote more time to build out the company's wireless business.

businessNews reuters.com

Disney's bid for Fox assets gains momentum: sources

(Reuters) - Walt Disney Co is in the lead to acquire much of Twenty-First Century Fox Inc's media empire, though rival suitor Comcast Corp remains in contention, people familiar with the matter said on Tuesday.

companyNews reuters.com

UPDATE 1-Disney's bid for Fox assets gains momentum -sources

Dec 5 (Reuters) - Walt Disney Co is in the lead to acquire much of Twenty-First Century Fox Inc's media empire, though rival suitor Comcast Corp remains in contention, people familiar with the matter said on Tuesday.

companyNews reuters.com

UPDATE 2-Dish co-founder Ergen steps down from CEO role to focus on wireless

Dec 5 (Reuters) - Dish Network Corp said on Tuesday co-founder Charlie Ergen has stepped down from his chief executive role to devote more time to build out the company's wireless business.

worldNews reuters.com

Lebanon's Hariri rescinds resignation, drawing line under crisis

BEIRUT (Reuters) - Lebanese Prime Minister Saad al-Hariri rescinded his resignation on Tuesday, drawing a line under a month-long crisis triggered when he announced from Riyadh that he was stepping down and remained outside Lebanon for weeks.

technologyNews reuters.com

Dish Network founder steps down from CEO role to focus on wireless

(Reuters) - Dish Network Corp said on Tuesday Chief Executive Charlie Ergen has stepped down to devote more time to the company's emerging wireless business.

companyNews reuters.com

MOVES-AIG names new chief underwriting officer of general insurance unit

Dec 5 (Reuters) - U.S. commercial insurer American International Group Inc on Tuesday named Tom Bolt chief underwriting officer of its general insurance unit.

companyNews reuters.com

BRIEF-AIG Names Tom Bolt As Chief Underwriting Officer, General Insurance

* AIG NAMES TOM BOLT AS CHIEF UNDERWRITING OFFICER, GENERAL INSURANCE Source text for Eikon: Further company coverage:

PersonalFinance reuters.com

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

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

worldNews reuters.com

Security alert closes underground station in central London: transport authority

LONDON (Reuters) - London's transport authority said on Tuesday it had closed St Paul's underground station in the city's financial district while police responded to a security alert in the area.

Federal Taxes (US) nytimes.com

How New Yorkers Would Lose Under the Republican Tax Bill

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

businessNews reuters.com

Mastercard to repurchase up to $4 billion of its shares

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

businessNews reuters.com

Fox prefers Disney as buyer for studio, media assets: Bloomberg

(Reuters) - Media company Twenty-First Century Fox , controlled by the Murdoch family, favors selling some assets to Walt Disney Co as it is a better strategic fit and presents fewer regulatory hurdles, Bloomberg reported on Monday, citing people familiar with the matter.

companyNews reuters.com

BRIEF-BML Investment Partners L.P Reports A 5.1 Percent Passive Stake In Zais Group As Of Nov 22

* BML INVESTMENT PARTNERS L.P REPORTS A 5.1 PERCENT PASSIVE STAKE IN ZAIS GROUP HOLDINGS AS OF NOVEMBER 22, 2017 - SEC FILING Source text : [ID:http://bit.ly/2nqBugr] Further company coverage:

United States Politics and Government nytimes.com

Republicans Sought to Undercut an Unfavorable Analysis of the Tax Plan

When the Joint Committee on Taxation found the Republican tax bill would balloon the budget deficit, Republicans tried to discredit it.

companyNews reuters.com

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

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

companyNews reuters.com

BRIEF-RiceBran Technologies Announces Exit of Nutra SA Investment

* RICEBRAN TECHNOLOGIES- ENTERED INTO AGREEMENTS UPON WHICH CO NO LONGER HOLDS MEMBERSHIP INTEREST IN NUTRA SA, THEREBY EXITING INVESTMENT IN NUTRA SA Source text for Eikon: Further company coverage:

technologyNews reuters.com

Facebook rolls out messenger app for kids under 13

(Reuters) - Facebook Inc on Monday rolled out Messenger Kids, an app that lets the world's biggest social media company expand into a so-far untapped market of kids under 13 while also giving parents complete control over what their children see.

PersonalFinance reuters.com

Fidelity clients suffer second website glitch in week

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

businessNews reuters.com

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

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

PersonalFinance reuters.com

Fidelity says some customers cannot access accounts

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

cnn.com

Trump's lawyer says President can't be guilty of obstructing justice under the Constitution

President Donald Trump's personal attorney, John Dowd, claims the President cannot be guilty of obstructing justice, according to an interview with Axios.

companyNews reuters.com

BRIEF-Hub International Acquires Assets Of Desert Empire Insurance Services

* HUB INTERNATIONAL ACQUIRES THE ASSETS OF CALIFORNIA-BASED DESERT EMPIRE INSURANCE SERVICES, INC.

companyNews reuters.com

BRIEF-DMG, Aim Upsize To Private Placement, Investment From Element Fleet Management

* DMG BLOCKCHAIN SOLUTIONS INC. AND AIM EXPLORATIONS LTD. ANNOUNCE UPSIZE TO PRIVATE PLACEMENT AND STRATEGIC INVESTMENT FROM ELEMENT FLEET MANAGEMENT CORP.

Mobile Applications nytimes.com

Facebook Has a New Messaging App Aimed at Those 13 and Under

Facebook’s new app, Messenger Kids, is the social network’s first major foray into connecting children under 13 to its sprawling set of services.

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-Och-Ziff Capital Reports Estimated Unaudited Amount Of Assets Under Management About $32.2 Bln

* OCH-ZIFF CAPITAL MANAGEMENT GROUP - ‍AS OF DEC 1, 2017, ESTIMATED UNAUDITED AMOUNT OF ASSETS UNDER MANAGEMENT WAS ABOUT $32.2 BILLION​

scienceNews reuters.com

Singapore researchers' underwater robot inspired by manta ray

SINGAPORE (Reuters) - Researchers in Singapore have built an underwater robot that looks and swims like a manta ray, using only single motors and flexible fins to propel it through water in a manner uncannily like its biological cousin.

businessNews reuters.com

UK pushing to include Bitcoin under money-laundering rules

LONDON (Reuters) - Britain wants to increase regulation of Bitcoin and other digital currencies by expanding the reach of European Union anti-money-laundering rules that force traders to disclose their identities and report suspicious activity.

businessNews reuters.com

Dialog says Apple can build its own power-management chips

FRANKFURT (Reuters) - Dialog Semiconductor on Monday said top customer Apple could design its own power-management chips rather than rely on the Anglo-German chipmaker but said it saw no impact on its business next year.

companyNews reuters.com

UPDATE 1-Dialog says Apple can build its own power-management chips

* Dialog shares down 4.7 pct (Adds details on relationship with Apple, context, shares)

healthNews reuters.com

Denmark's Alk Abello suspends dividend to support North America investment

(Reuters) - Danish pharma company Alk Abello said on Monday it would invest 1 billion Danish crowns ($159 million) in its North America business, a move that is expected put a lid on earnings and revenue growth in the near term.

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.

companyNews reuters.com

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

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