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businessNews reuters.com

Brent crude jumps above $65 for 1st time since 2015 after North Sea pipeline outage

SINGAPORE (Reuters) - Brent crude oil prices jumped above $65 per barrel for the first time since 2015 after the shutdown of the Forties North Sea pipeline knocked out significant supply from a market that was already tightening due to OPEC-led production cuts.

businessNews reuters.com

Asia shares take breather, Brent breaks above $65

SYDNEY (Reuters) - Asian shares took a breather on Tuesday after three straight sessions of gains, with markets consolidating in the hope an upswing in global growth could outlast a likely hike in U.S. borrowing costs this week.

businessNews reuters.com

Brent crude jumps above $65 for first time since 2015 after North Sea pipeline outage

SINGAPORE (Reuters) - Brent crude oil prices jumped above $65 per barrel for the first time since 2015 after the shutdown of the Forties North Sea pipeline knocked out significant supplies from a market that was already tightening due to OPEC-led production cuts.

businessNews reuters.com

Brent crude prices near 2015 high after North Sea pipeline disruption

SINGAPORE (Reuters) - Brent crude oil prices were near 2015 highs on Tuesday after the unplanned closure of a major North Sea pipeline for repairs, knocking out significant supplies from a market that was already tightening due to OPEC-led production cuts.

businessNews reuters.com

Exxon to provide details on climate-change impact to its business

(Reuters) - Exxon Mobil Corp on Monday said it would publish new details about how climate change could affect its business in a move aimed at appeasing critics and forestalling another proxy fight next year.

businessNews reuters.com

Asia wagers global cheer will outlive Fed tightening

SYDNEY (Reuters) - Asian shares were trying to string together a fourth session of gains on Tuesday as optimism about global growth looked set to outlast an almost certain hike in U.S. borrowing costs this week.

businessNews reuters.com

Uber fights ban on cash payments in Mexican state

MEXICO CITY (Reuters) - Uber Technologies Inc said on Monday that it had appealed regulations that have barred it from accepting cash fares in the Mexican state of Puebla, in a new challenge to clampdowns on the ride-hailing service in Latin America.

worldNews reuters.com

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

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

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.

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.

businessNews reuters.com

Cutting U.S. electric vehicle tax credit 'will have an impact': GM

DETROIT (Reuters) - If Congress eliminates an electric vehicle tax credit it "will have an impact" on sales of U.S. electric vehicles such as General Motors Co's Chevrolet Bolt, GM Chief Executive Mary Barra said on Monday.

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.

businessNews reuters.com

Bitcoin futures suggest breakneck rise in price to slow

By Saqib Iqbal Ahmed, Jemima Kelly and Gertrude Chavez-Dreyfuss

businessNews reuters.com

Wall Street ends higher with help from tech, energy

NEW YORK (Reuters) - Wall Street indexes closed higher on Monday and the biggest drivers were technology and energy sectors as oil prices rose and investors waited for an expected U.S. Federal Reserve rate hike later in the week.

businessNews reuters.com

Wall Street rises with help from technology, energy sectors

NEW YORK (Reuters) - Wall Street indexes were higher on Monday with boosts from technology and energy sectors as oil prices rose while investors prepared for an expected U.S. Federal Reserve rate hike later in the week.

United States Defense and Military Forces nytimes.com

Transgender People Will Be Allowed to Enlist in Military as Court Case Advances

President Trump had announced on Twitter in July that he was barring transgender people from serving in the military, though a ban was never fully implemented.

businessNews reuters.com

New bitcoin futures suggest breakneck price gains to slow

By Saqib Iqbal Ahmed, Jemima Kelly and Gertrude Chavez-Dreyfuss

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.

companyNews reuters.com

Canada's privacy watchdog launches probe into Uber hack

TORONTO, Dec 11 (Reuters) - The office of Canada's privacy commissioner said on Monday that it has opened a formal investigation into the 2016 breach of customer and driver data at Uber Technologies Inc, which the ride-hailing company disclosed last month.

businessNews reuters.com

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

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

businessNews reuters.com

Wall Street higher as technology, energy stocks gain

(Reuters) - Technology and energy stocks gained in early afternoon trading on Monday, helping Wall Street shake off uncertainties following an explosion at one of New York's busiest commuter hubs.

businessNews reuters.com

Ryanair pilots in Dublin vote in favor of industrial action

DUBLIN (Reuters) - Pilots employed directly by Ryanair in Dublin, its second largest base, have voted overwhelmingly in favor of taking industrial action in a growing dispute over the airline's collective bargaining system, the IMPACT trade union said on Monday.

Reed, Roy nytimes.com

Roy Reed, Times Reporter Who Covered the Civil Rights Era, Dies at 87

Mr. Reed was with Martin Luther King when he was released from jail in Selma, Ala., and with protesters on Bloody Sunday at the Pettus Bridge.

businessNews reuters.com

Wall Street ticks higher as New York explosion worries wane

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

businessNews reuters.com

UBS leads blockchain data reporting pilot ahead of new EU rules

ZURICH/NEW YORK (Reuters) - Financial companies led by Swiss bank UBS are testing a blockchain platform to help them comply with new European Union trade data standards due to come into force next year.

businessNews reuters.com

Newly minted bitcoin futures indicate more modest growth ahead

NEW YORK/SYDNEY/LONDON (Reuters) - Newly launched bitcoin futures indicated on Monday that financial markets expect the cryptocurrency to climb further but at a far slower rate than in recent weeks as warnings of a bubble grew.

businessNews reuters.com

WTO losing focus, must rethink development: U.S. trade chief

BUENOS AIRES (Reuters) - U.S. President Donald Trump's trade chief said on Monday that the World Trade Organization is losing its focus on trade negotiations in favor of litigation and needed to rethink how it defines developing economies.

businessNews reuters.com

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

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

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.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Lighthizer says WTO losing focus, must rethink development

BUENOS AIRES (Reuters) - U.S. President Donald Trump's trade chief said on Monday that the World Trade Organization is losing its focus on trade negotiations in favor of litigation and needed to rethink how it defines developing economies.

companyNews reuters.com

UPDATE 2-LKQ to buy German car parts retailer Stahlgruber in $1.8 bln deal

* LKQ to fund acquisition with debt offers, share exchange (Adds valuation, details)

businessNews reuters.com

First round of Volkswagen pay talks end without deal

FRANKFURT (Reuters) - German trade union IG Metall on Monday said a first round of wage talks at Volkswagen failed to produce a result, adding it was disappointed the carmaker did not present a counter-offer to its demand for a 6-percent wage hike.

businessNews reuters.com

S&P, Dow flat after Port Authority explosion

(Reuters) - The S&P and the Dow opened little changed on Monday after reports of an explosion in New York's busy Port Authority commuter hub, while the Nasdaq was slightly higher as technology stocks rose.

domesticNews reuters.com

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

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

sportsNews reuters.com

Three more Russian athletes file doping appeals: sport court

ZURICH (Reuters) - The Court of Arbitration for Sport said on Monday three more Russian athletes -- champion biathlete Olga Zaytseva and cross country skiers Yulia Chekaleva and Anastasia Dotsenko -- have appealed against doping bans levied by the International Olympic Committee (IOC).

businessNews reuters.com

Icahn nominates four directors to Xerox's board

(Reuters) - Activist investor Carl Icahn has named four nominees to Xerox Corp's board of directors, the company said on Monday, after a current Icahn-appointed director resigned due to a difference of opinion with the board.

businessNews reuters.com

Futures inch up, bitcoin grabs investor interest

(Reuters) - U.S. stock futures pointed to a higher opening for Wall Street on Monday, with the launch of bitcoin futures raising investor interest in cryptocurrency related companies.

companyNews reuters.com

BRIEF-Christodoro Says Resigning From Xerox Board Due To Belief Board To Make Decisions With Which He Disagrees

* JONATHAN CHRISTODORO SAYS IT NOW APPEARS THAT THE XEROX BOARD WILL MAKE DECISIONS AND TAKE XEROX IN A "DIRECTION WITH WHICH I STRONGLY DISAGREE"

companyNews reuters.com

LKQ to buy German car parts retailer Stahlgruber in $1.77 bln deal

Dec 11 (Reuters) - U.S. auto parts retailer LKQ Corp said on Monday it would buy German peer Stahlgruber for about 1.5 billion euros ($1.77 billion) to expand in Europe.

businessNews reuters.com

Icahn makes four nominations for Xerox board

(Reuters) - Activist investor Carl Icahn has named four nominees to Xerox Corp's board of directors, the company said on Monday.

businessNews reuters.com

Hotly anticipated bitcoin futures ease off after 22 percent surge

NEW YORK/SYDNEY/LONDON (Reuters) - Bitcoin futures eased back from an initial surge of almost 22 percent to trade up 13 percent on Monday, in an eagerly awaited U.S. market debut that backers hope will confer greater legitimacy on the volatile cryptocurrency and lead to its wider use.

businessNews reuters.com

Uber's London license appeal to be heard next year

LONDON (Reuters) - Uber [UBER.UL] will defend its right to operate in London in court next year after the app was deemed unfit to run a taxi service and stripped of its license in its most important European market.

businessNews reuters.com

Apple aims to block climate, rights proposals with quick use of SEC guidance

BOSTON (Reuters) - Apple Inc is pushing back on shareholder proposals on climate issue and human rights concerns, an effort activists worry could sharply restrict investor rights.

companyNews reuters.com

BRIEF-Innoviva says court issued ruling in favor of Sarissa Capital, expands board by 2 seats - SEC Filing

* Innoviva says court issued a ruling in favor of Sarissa Capital, leading co to expand board by 2 seats - SEC Filing

businessNews reuters.com

Carrefour's Brazilian unit elects Malige as chairman

SAO PAULO (Reuters) - The board at the Brazilian unit of French retailer Carrefour has elected Matthieu Malige as chairman, it said in a statement on Monday.

businessNews reuters.com

Uber appeal case against London license loss planned for April or June next year

LONDON (Reuters) - Uber's [UBER.UL] appeal against the loss of its London license should begin on Apr. 30 for five days but might be delayed until June, a British judge said on Monday at a preliminary hearing.

cnn.com

Netanyahu defends Trump decision

Israeli Prime Minister Benjamin Netanyahu defends President Donald Trump's decision to recognize Jerusalem as Israel's capital. CNN's Ian Lee has more.

companyNews reuters.com

Uber appeal case against London licence loss planned for April or June next year

LONDON, Dec 11 (Reuters) - Uber's appeal against the loss of its London licence should begin on Apr. 30 for five days but might be delayed until June, a British judge said on Monday at a preliminary hearing.

businessNews reuters.com

Bitcoin futures steal spotlight, momentum keeps pushing stocks up

LONDON (Reuters) - World stocks climbed and equity volatility neared a record low on Monday as investors focused on signs of strong economic growth ahead of a slew of central bank rate decisions, while the launch of bitcoin futures fed the market's cryptocurrency obsession.

businessNews reuters.com

Ford's November China vehicle sales drop 8 percent year-on-year

(Reuters) - Ford Motor Co's sales in China fell 8 percent in November from a year ago, following a 5 percent decline in October, the U.S. automaker said on Monday.

businessNews reuters.com

Bitcoin futures rocket past $18,000; Asian shares buoyant

SYDNEY (Reuters) - The craze for cryptocurrencies entered a new chapter on Monday as bitcoin futures rocketed by one-fifth of their value at a hotly anticipated launch, while Asian shares climbed amid optimism about global growth.

businessNews reuters.com

Bitcoin futures surge past $18,000; Asian shares firm

SYDNEY (Reuters) - The craze for cryptocurrencies entered a new chapter on Monday as bitcoin futures rocketed by one-fifth of their value at a closely-watched launch, while Asian shares climbed amid optimism about global growth.

businessNews reuters.com

Bitcoin futures surge past $17,000 on launch day

SYDNEY (Reuters) - The front-month bitcoin futures contract on the Chicago-based CBOE Futures Exchange surged past $17,000 on Monday, the first day of trading.

businessNews reuters.com

Bitcoin futures make firm debut, dollar holds gains ahead of Fed

SYDNEY (Reuters) - Futures in bitcoin, which has taken global financial markets by storm, swung above their launch price, while the dollar kept gains in Monday's Asian session on expectations the Federal Reserve will stick to its tightening path.

businessNews reuters.com

Bitcoin futures race higher in volatile launch, dollar steady

SYDNEY (Reuters) - Futures in bitcoin, which has taken global financial markets by storm, got off to a volatile start at its launch, while the dollar kept gains in Monday's Asian session on expectations the Federal Reserve will stick to its tightening path.

businessNews reuters.com

Uber heads to court in fight for London survival

LONDON (Reuters) - Uber [UBER.UL] will defend its right to operate in London in a court hearing on Monday after the app was deemed unfit to run a taxi service and stripped of its license in its most important European market.

businessNews reuters.com

Bitcoin futures start trading on CBOE exchange

NEW YORK (Reuters) - The newest way to bet on bitcoin arrived on Sunday, with futures of the cryptocurrency that has taken Wall Street by storm starting trading for the first time.

businessNews reuters.com

Mediaset hopes truce with Vivendi to come with content deal with Telecom Italia: media

MILAN (Reuters) - Mediaset's chief executive said he hoped the shared interest over TV content with Telecom Italia (TIM) could pave the way to a truce with France's Vivendi , speaking in a interview published late on Sunday.

businessNews reuters.com

Britain's Labour Party looks to move some BoE functions away from London

(Reuters) - Britain's Labour Party is considering moving some of Bank of England's functions to Birmingham, from its current home in Threadneedle Street in the City of London, according to an interim report on the British financial system released on Sunday.

cnn.com

UN Ambassador Haley cites 'will of American people' on Jerusalem decision

US Ambassador to the United Nations Nikki Haley on Sunday cited "the will of the American people" in defending President Donald Trump's decision to recognize Jerusalem as Israel's capital and move the US Embassy there.

cnn.com

Nikki Haley on Jerusalem decision: This will move ball forward for peace

US Ambassador to the United Nations Nikki Haley says President Trump's decision to recognize Jerusalem as Israel's capital would "move the ball forward" in the peace process between Israelis and Palestinians.

businessNews reuters.com

Thyssenkrupp makes offer to workers for Tata Steel deal: sources

BERLIN (Reuters) - Thyssenkrupp has offered workers commitments on jobs and investments to get union backing for its deal with Tata Steel to merge their European steel operations, several people close to labor union IG Metall said.

businessNews reuters.com

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

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

Demonstrations, Protests and Riots nytimes.com

Protests in Lebanon Near U.S. Embassy After Trump’s Jerusalem Decision

Lebanese Army forces fired tear gas and water cannons to disperse thousands of protesters outside the embassy near Beirut.

worldNews reuters.com

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

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

businessNews reuters.com

After bitcoin’s wild week, traders brace for futures launch

NEW YORK (Reuters) - The newest way to bet on bitcoin, the cyptocurrency that has taken Wall Street by storm with its stratospheric price rise and wild daily gyrations, will arrive on Sunday when bitcoin futures start trading.

cnn.com

Opinion: Trump has to live with the consequences of his Israel decision

At ground zero, by Jerusalem's Old City walls, reaction to President Trump's declaration that the United States now recognizes the city as being Israel's capital is both mixed and muted.

businessNews reuters.com

South Korea's Hyundai says faces headwinds from weaker yen next year

SEOUL (Reuters) - South Korean automakers face a major headwind from a weakening Japanese yen, which will boost rivals like Toyota Motor Corp. next year, a Hyundai Motor think tank said.

businessNews reuters.com

Thyssenkrupp ready to make workers offer for Tata Steel deal: Bild am Sonntag

BERLIN (Reuters) - Thyssenkrupp is prepared to offer workers commitments on jobs and investments to get union backing for its deal with Tata Steel to merge their European steel operations, German weekly Bild am Sonntag reported, citing an internal memo.

businessNews reuters.com

VW executive convicted in U.S. may seek transfer to Germany: Welt am Sonntag

BERLIN (Reuters) - Volkswagen executive Oliver Schmidt, convicted in the United States this week for his role in the German carmaker's emissions scandal, may ask to serve his prison sentence in Germany, German weekly Welt am Sonntag reported, citing sources close to Schmidt.

Jackson (Miss) nytimes.com

Trump, Rejecting Calls to Stay Away, Speaks at Civil Rights Museum

In Jackson, Miss., the president hailed heroes of the civil rights movement even as activists and politicians said his presence insulted the effort to confront the state’s history.

cnn.com

Trump stays on message during controversial civil rights museum visit

President Donald Trump honored civil rights heroes and local officials during remarks at the opening of a civil rights museum in Mississippi on Saturday, staying on message despite recent criticisms of his appearance there.

politicsNews reuters.com

Trump attends civil rights museum opening; black leaders stay away

JACKSON, Miss. (Reuters) - U.S. President Donald Trump flew to Mississippi on Saturday to attend the opening of a civil rights museum, but his visit was marred by the absence of top African-American leaders who stayed away in protest of his policies and record on race relations.

cnn.com

Civil rights leaders blast Trump's visit to civil rights museum

Just ahead of the opening of the Mississippi Civil Rights Museum, leaders from the civil rights movement and the local community blasted President Donald Trump's attendance as an affront to the spirit of the event.

worldNews reuters.com

Erdogan and Macron to urge U.S. to turn back on Jerusalem decision: sources

ISTANBUL (Reuters) - Turkey's Tayyip Erdogan and France's Emmanuel Macron will work together to try to persuade the United States to reconsider its decision to recognize Jerusalem as the capital of Israel, a Turkish presidential source said on Saturday.

domesticNews reuters.com

Court upholds conviction in 'Making of a Murderer' case

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

Palestinians nytimes.com

Terrorist Groups Vow Bloodshed over Jerusalem Decision. ISIS? Less So.

From Mali to Afghanistan, jihadists promised to retaliate over the decision to recognize Jerusalem as Israel’s capital. But ISIS took aim, instead, at them.

companyNews reuters.com

UPDATE 2-Uber agrees to settle U.S. lawsuit filed by India rape victim

SAN FRANCISCO, Dec 8 (Reuters) - Uber Technologies Inc and a woman who accused top executives of improperly obtaining her medical records after a company driver raped her in India have agreed to settle a civil lawsuit the woman filed against Uber in June, according to a U.S. federal court filing on Friday.

companyNews reuters.com

UPDATE 1-Uber agrees to settle U.S. lawsuit filed by India rape victim

SAN FRANCISCO, Dec 8 (Reuters) - Uber Technologies Inc has agreed to settle a U.S. civil lawsuit filed by a woman who accused top executives of improperly obtaining her medical records after a company driver raped her in India, according to a court filing on Friday.

companyNews reuters.com

Uber agrees to settle U.S. lawsuit filed by India rape victim

SAN FRANCISCO, Dec 8 (Reuters) - Uber has agreed to settle a U.S. civil lawsuit filed by a woman who had accused top executives of improperly obtaining her medical records after a company driver raped her in India, according to a court filing on Friday.

businessNews reuters.com

Apple in talks to acquire music identification app Shazam: source

SAN FRANCISCO (Reuters) - Apple Inc is in talks to acquire Shazam Entertainment Ltd, whose software helps users identify songs by pointing their phone at an audio source, according to a person familiar with the situation.

domesticNews reuters.com

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

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

businessNews reuters.com

PepsiCo to move to Nasdaq after nearly a century with NYSE

(Reuters) - PepsiCo Inc is moving its listing to the Nasdaq, ending a century-long association with the New York Stock Exchange.

businessNews reuters.com

Apple's Ive returns to helm of design teams

(Reuters) - Apple Inc Chief Design Officer Jony Ive is returning to day-to-day management of the company's design teams after handing off managerial duties two years ago to focus on other projects, Apple told Reuters on Friday.

politicsNews reuters.com

U.S. top court takes up Republican challenge to Maryland electoral district

WASHINGTON (Reuters) - The U.S. Supreme Court on Friday added a second case to its docket on a contentious issue that could have major consequences for American elections, agreeing to decide whether Democratic lawmakers in Maryland unlawfully drew a congressional district in a way that would prevent a Republican candidate from winning.

businessNews reuters.com

Delta Air Lines cancels hundreds of flights due to winter storm

NEW YORK (Reuters) - Delta Air Lines has canceled more than 600 flights due to inclement weather at its Atlanta hub, the carrier said on Friday, as a winter storm travels towards the northeast, threatening more cancellations and delays.

cnn.com

Hear Supreme Court cakeshop arguments

The case Masterpiece Cakeshop v. Colorado Civil Rights Commission brought up the question of artistic expression and civil rights.

businessNews reuters.com

Tax-loss selling to pressure 2017's losers in December

NEW YORK (Reuters) - Stocks that have been lackluster so far in 2017 are unlikely to see their fortunes reversed in the final month of the year, as investors engage in tax-harvesting practices before the new year.

businessNews reuters.com

Macy's Terry Lundgren to retire as chairman in January

(Reuters) - Department store operator Macy's Inc said Chairman and former Chief Executive Terry Lundgren would retire from the board on January 31, 2018.

businessNews reuters.com

Strong U.S. job growth in November bolsters economy's outlook

WASHINGTON (Reuters) - U.S. job growth increased at a strong clip in November, painting a portrait of a healthy economy that analysts say does not require the kind of fiscal stimulus that President Donald Trump is proposing, even though wage gains remain moderate.

businessNews reuters.com

Wall Street closes higher after payrolls report

NEW YORK (Reuters) - U.S. stocks advanced on Friday, buoyed by a solid payrolls report for November that locked in expectations for an interest rate hike from the U.S. Federal Reserve next week and raised optimism about economic prospects in 2018.

businessNews reuters.com

Bitcoin drops after dramatic gains ahead of futures launch

LONDON/NEW YORK (Reuters) - Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse.

politicsNews reuters.com

U.S. lawyer defending travel ban grilled in court over Trump's tweets

WASHINGTON/NEW YORK (Reuters) - Federal appeals court judges on Friday asked about President Donald Trump's sharing of anti-Muslim videos on his Twitter account, as they grilled a U.S. government lawyer about the legality of the president's latest travel ban.

businessNews reuters.com

November payrolls report lifts Wall Street

NEW YORK (Reuters) - Wall Street indexes advanced on Friday on the heels of a solid payrolls report for November, locking in expectations for an interest rate hike from the U.S. Federal Reserve next week and boosting optimism about economic prospects for 2018.

businessNews reuters.com

Trump says fines against Wells Fargo could be increased

WASHINGTON/NEW YORK (Reuters) - President Donald Trump took aim at the third-largest U.S. bank on Friday, writing on Twitter that government fines and penalties against Wells Fargo & Co could be hiked amid an ongoing sales scandal.

businessNews reuters.com

Bitcoin tumbles after dramatic gains ahead of futures launch

LONDON/NEW YORK (Reuters) - Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse.

businessNews reuters.com

Wall Street gains on robust Nov. hiring data

(Reuters) - Wall Street indexes gained on Friday as U.S. employers added more jobs than expected in November, cementing the case for an interest rate hike next week and adding to optimism about the economy heading into 2018.

businessNews reuters.com

Ahead of Canada fighter jet announcement, Boeing looks to future

OTTAWA (Reuters) - Boeing Co , which is locked in a dispute with the Canadian government, said on Friday it would continue to look for ways to work with the country, which is expected next week to announce it is scrapping plans to buy 18 of the U.S. planemaker's Super Hornet fighter jets.

Poland nytimes.com

The Polish Parliament Reshapes Courts, Drawing Criticism

Critics say the new legislation threatens judicial independence, and is little different from similar measures that were rejected last summer.

businessNews reuters.com

WestJet to gain market share with Delta joint venture: Moody's

(Reuters) - WestJet Airlines Ltd's joint venture with Delta Air Lines Inc will put the Canadian air carrier in a stronger position to gain market share, credit rating agency Moody's Investors Service said.

businessNews reuters.com

EU regulators to warn Bayer about Monsanto bid: source

BRUSSELS (Reuters) - EU antitrust regulators are set to warn Bayer its planned purchase of U.S. seed maker Monsanto may hurt competition, a person familiar with the matter said on Friday, a move that would force Bayer to offer concessions to address the concerns.

businessNews reuters.com

Steinhoff shares climb off 14-year low in volatile trade

JOHANNESBURG (Reuters) - Steinhoff shares plunged another 50 percent on Friday, before paring some losses as traders booked profits on short positions taken out after the South African retailer disclosed accounting irregularities earlier this week.

businessNews reuters.com

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

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

businessNews reuters.com

Wall Street rises as jobs data shows strength in economy

(Reuters) - U.S. stocks were pushed higher on Friday by a stronger-than-expected jobs data for November, which indicated improving economic fundamentals at the world's largest economy in the run up to a near certain interest rate hike next week.

businessNews reuters.com

U.S. tax repatriation plan may not cure long-term dollar weakness

NEW YORK (Reuters) - Investors looking for the U.S. Republican tax bill to prompt multinational companies to convert foreign profits into dollars and end the worst slide in the greenback in a decade may have to temper their hopes for a prolonged rebound.

worldNews reuters.com

Criticism of Ukraine's language law justified: rights body

KIEV (Reuters) - Ukraine's neighbors have a right to criticize a new Ukrainian law banning schools from teaching in minority languages beyond primary school level, a leading European rights watchdog said on Friday.

businessNews reuters.com

CVS expects Justice Department to handle review of Aetna deal

WASHINGTON (Reuters) - CVS Health Corp expects the U.S. Justice Department to do the antitrust review of its planned acquisition of health insurer Aetna Inc, a spokesman for the drugstore chain operator said.

businessNews reuters.com

Trump says fines against Wells Fargo won't be dropped: Twitter

WASHINGTON (Reuters) - U.S. President Donald Trump said on Friday that government fines and penalties against Wells Fargo & Co will not be dropped and could be "substantially increased."

businessNews reuters.com

Strong jobs data lifts Wall Street higher

(Reuters) - Wall Street ticked higher on Friday after a stronger-than-expected jobs data for November showed that the world's largest economy has gained strength, ahead of a near certain interest rate hike next week.

businessNews reuters.com

Strong U.S. jobs growth data lifts Wall Street

(Reuters) - Wall Street's stock indexes opened higher on Friday after the latest jobs data showed strength in the U.S. economy and bolstered the case for a December interest rate hike.

businessNews reuters.com

After dramatic gains, bitcoin tumbles 20 percent in 10 hours

LONDON/TOKYO (Reuters) - Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse.

worldNews reuters.com

Polish lower house of parliament approves Supreme Court overhaul

WARSAW (Reuters) - Poland's lower house of parliament approved changes to the country's Supreme Court on Friday, a key part of a planned judiciary overhaul criticized by the European Union as contrary to democratic standards.

businessNews reuters.com

Singapore's ComfortDelGro buys majority stake in Uber unit

(Reuters) - Singapore's top taxi operator ComfortDelGro Corp will buy a 51 percent stake in a unit of Uber [UBER.UL] that runs a fleet of private hire vehicles, as the companies seek to bridge the gap with dominant ride-hailing firm Grab.

worldNews reuters.com

Hungary's Jobbik asks voters to help pay 'court-martial' fine

BUDAPEST (Reuters) - Hungary's main opposition Jobbik party has launched a crowd funding campaign to raise money for a state audit authority fine that it said could cripple it in the run-up to 2018 elections.

businessNews reuters.com

Stock futures add to gains on strong November jobs data

(Reuters) - U.S. stock index futures extended gains on Friday after a Labor Department report showed job growth increased at a strong clip in November and wages rebounded.

companyNews reuters.com

UPDATE 2-Singapore's ComfortDelGro buys majority stake in Uber unit

Dec 8 (Reuters) - Singapore's top taxi operator ComfortDelGro Corp will buy a 51 percent stake in a unit of Uber that runs a fleet of private hire vehicles, as the companies seek to bridge the gap with dominant ride-hailing firm Grab.

businessNews reuters.com

JPMorgan, Citi not willing to support launch of bitcoin futures: FT

(Reuters) - Big Banks, including JPMorgan Chase and Citigroup will not immediately clear bitcoin trades for clients once Cboe Global Markets and CME Group start trading futures contracts in the cryptocurrency next week, the Financial Times reported, citing people familiar with the matter.

businessNews reuters.com

Roche, Novartis' Italian heads risk trial for alleged market rigging: sources

ROME (Reuters) - The local heads of Swiss drugmakers Roche and Novartis risk facing trial in Italy for alleged market manipulation, judicial sources said on Friday.

businessNews reuters.com

Lloyd's of London pushes ahead with Brexit plans

LONDON (Reuters) - Lloyd's of London [SOLYD.UL] will press ahead with plans to establish a foothold in the European Union regardless of progress in EU divorce talks that industry groups said was welcome but did little to dispel uncertainty.

worldNews reuters.com

South African court rules Zuma appointment of state prosecutor invalid

JOHANNESBURG (Reuters) - South Africa's High Court ruled on Friday that President Jacob Zuma's appointment of a state prosecutor to decide whether to reinstate corruption charges against him was not valid and should be set aside immediately.

businessNews reuters.com

Brexit deal helps U.S. futures bounce

(Reuters) - U.S. stock futures pointed to a higher opening for Wall Street on Friday, helped by gains for global stock markets after Britain secured EU agreement to move on from the first-round of Brexit negotiations.

businessNews reuters.com

Steinhoff shares bounce off 14-year low in volatile trade

JOHANNESBURG (Reuters) - Steinhoff shares plunged another 50 percent on Friday, before recovering as traders booked profits on short positions taken out after the South African retailer disclosed accounting irregularities earlier this week.

businessNews reuters.com

RBS CEO says U.S. settlement could slip into next year: Bloomberg

LONDON (Reuters) - Royal Bank of Scotland's chances of reaching a deal this year with the U.S. Department of Justice over its mis-selling of toxic mortgage-backed securities are "diminishing", its chief executive said in a Bloomberg TV interview.

businessNews reuters.com

VW says halts multivan deliveries amid emissions 'uncertainties'

BERLIN (Reuters) - Volkswagen said on Friday it had stopped delivering the T6 multivan to dealers after detecting that the diesel model emitted excessive nitrogen oxide levels and had reported the findings to Germany's automotive watchdog (KBA).

businessNews reuters.com

RBS CEO says chance of U.S. settlement this year diminishing: Bloomberg

LONDON (Reuters) - Royal Bank of Scotland's chances of reaching a settlement this year with the U.S. Department of Justice over its mis-selling of toxic mortgage-backed securities are "diminishing", its chief executive said in a Bloomberg TV interview.

worldNews reuters.com

Zimbabwe court postpones U.S. citizen's subversion case to January

HARARE (Reuters) - A Zimbabwean court has postponed to Jan. 4 the trial of a U.S. citizen accused of attempting to undermine the authority of former Zimbabwean president Robert Mugabe's government.

companyNews reuters.com

UPDATE 1-Singapore's ComfortDelGro buying majority stake in Uber unit for $218 mln

Dec 8 (Reuters) - Singapore's ComfortDelGro Corp said on Friday it is buying a 51 percent stake in private hire vehicle fleet owner Lion City Holdings from Uber Technologies' unit Mieten B.V. for S$295 million ($217.99 million) in cash, in a bid to tackle local rival Grab.

worldNews reuters.com

South Africa's high court rules Zuma appointment of state prosecutor invalid

JOHANNESBURG (Reuters) - South Africa's High Court ruled on Friday that President Jacob Zuma's appointment of a state prosecutor responsible for deciding whether to reinstate corruption charges against him was not valid and should be set aside immediately.

businessNews reuters.com

Sterling hits six-month high, stocks up as Brexit deal adds to Asian cheer

LONDON (Reuters) - A breakthrough in Brexit negotiations pushed sterling to a six-month high against the euro on Friday and added momentum to an upswing in world stocks underpinned by strong economic news from China and Japan.

companyNews reuters.com

Singapore's ComfortDelGro buying majority stake in Uber unit for $218 mln

Dec 8 (Reuters) - Singapore's ComfortDelGro Corp said on Friday it is buying a 51 percent stake in private hire vehicle fleet owner Lion City Holdings from Uber Technologies' unit Mieten B.V. for S$295 million ($217.99 million) in cash.

businessNews reuters.com

Toshiba, Western Digital aiming to settle chip dispute next week: sources

TOKYO (Reuters) - Toshiba Corp and Western Digital Corp have agreed in principle to settle a dispute over the Japanese firm's plans to sell its $18 billion chip unit and aim to have a final agreement in place next week, sources familiar with the matter said.

businessNews reuters.com

Asia cheers China trade boost, bitcoin comes off heady heights

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations while bitcoin, the market's new crypto-star, tumbled more than 10 percent after a meteoric ascent in recent weeks.

businessNews reuters.com

Volkswagen recalls 30,777 cars in Russia: standards agency

MOSCOW (Reuters) - Russia's standards agency Rosstandart said on Friday it had been informed about the recall of 30,777 Volkswagen Polo cars sold in Russia in 2015-2017.

businessNews reuters.com

Kobe Steel's copper plant loses JIS certification - government

TOKYO (Reuters) - Japanese Industrial Standards (JIS) certification for copper and copper alloy seamless pipes produced by Kobe Steel Ltd's unit Shinko Metal Products has been suspended, the nation's trade ministry said on Friday.

businessNews reuters.com

Bitcoin plummets more than 12 percent to below $15,000

TOKYO (Reuters) - Bitcoin tumbled more than 12 percent in volatile Asian trading on Friday, dropping below the $15,000 level after touching a record high above $16,000 earlier in the session.

cnn.com

Black lawmakers skip civil rights museum opening over Trump's attendance

Reps. John Lewis and Bennie Thompson will not be attending the Mississippi Civil Rights Museum opening because President Trump will be making an appearance, which Rep. Lewis said was insulting to the civil rights activists being honored.

businessNews reuters.com

Asia cheers China trade boost, bitcoin shoots for the stars

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations and investors marveled at the meteoric ascent of bitcoin, the market's new crypto-star.

businessNews reuters.com

Toshiba, Western Digital agree in principle to settle chip dispute: sources

TOKYO (Reuters) - Toshiba Corp and business partner Western Digital Corp have agreed in principle to settle a dispute over the embattled Japanese conglomerate's plans to sell its $18 billion chip unit, sources with direct knowledge of the talks said.

businessNews reuters.com

Asia gets China trade boost, bitcoin shoots for the stars

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations, and investors marveled at the meteoric ascent of the market's new crypto-star, bitcoin.

businessNews reuters.com

HSBC beefs up Asia research team with 15 new hires in China

HONG KONG (Reuters) - HSBC said on Friday that it had expanded its Asian research team by hiring 15 analysts following the launch of HSBC Qianhai Securities, the first Chinese securities joint venture to be majority-owned by a foreign bank.

businessNews reuters.com

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

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

politicsNews reuters.com

Civil rights pioneer to eschew museum opening after Trump says will attend

(Reuters) - Longtime U.S. congressman from Georgia John Lewis, who marched with Martin Luther King Jr. in the 1960s, said on Thursday that he would not attend the opening of the Mississippi Civil Rights Museum this weekend because President Donald Trump planned to attend.

politicsNews reuters.com

Judge presiding over Michael Flynn criminal case is recused: court

(Reuters) - The U.S. District Court for the District of Columbia judge presiding over the criminal case for President Donald Trump's former National Security Adviser Michael Flynn has been recused from handling the case, a court spokeswoman said on Thursday.

businessNews reuters.com

JPMorgan's Dimon taking customer pricing hints from Amazon

NEW YORK (Reuters) - JPMorgan Chase & Co expects to offer more price discounts to its banking customers who buy multiple products, similar to the way Amazon.com gives extras to its Prime subscribers, chief executive Jamie Dimon said on Thursday.

businessNews reuters.com

Bitcoin blows past $16,000, alarm bells ring louder

LONDON/NEW YORK (Reuters) - Bitcoin rocketed to a lifetime high well above $16,000 on Thursday after climbing some 67 percent over one week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst.

businessNews reuters.com

Japanese shares rally, bitcoin shoots for the moon

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as investors awaited major economic data from China and the United States while marveling at the meteoric ascent of the market's new crypto-star, bitcoin.

businessNews reuters.com

Oracle's Safra Catz among two new members named to Disney board

(Reuters) - Media company Walt Disney Co on Thursday named Oracle Corp's chief executive, Safra Catz, and her counterpart at Illumina Inc , Francis A. deSouza, to its board.

politicsNews reuters.com

U.S. judge presiding over Michael Flynn criminal case is recused: court

WASHINGTON (Reuters) - The U.S. District Court for the District of Columbia judge presiding over the criminal case for President Donald Trump's former National Security Adviser Michael Flynn has been recused from handling the case, a court spokeswoman said on Thursday.

environmentNews reuters.com

Kinder Morgan Canada wins Trans Mountain pipe expansion appeal

CALGARY, Alberta (Reuters) - Canada's energy regulator ruled on Thursday in favor of Kinder Morgan Canada Ltd's appeal to sidestep some municipal permits for its Trans Mountain pipeline expansion, a major victory for the C$7.4 billion ($5.8 billion) project.

companyNews reuters.com

UPDATE 2-Kinder Morgan Canada wins Trans Mountain pipe expansion appeal

CALGARY, Alberta, Dec 7 (Reuters) - Canada's energy regulator ruled on Thursday in favor of Kinder Morgan Canada Ltd's appeal to sidestep some municipal permits for its Trans Mountain pipeline expansion, a major victory for the C$7.4 billion ($5.8 billion) project.

businessNews reuters.com

Alibaba redraws retail fault lines with bricks-and-mortar push

HANGZHOU, China (Reuters) - In a small village shop near the eastern Chinese city of Hangzhou, store owner Lu Qiwei uses his smartphone to place orders to refill stocks of instant noodles, rice and drinks.

businessNews reuters.com

Hilton says tax cut would finance share buybacks

NEW YORK (Reuters) - Hilton Worldwide Holdings Inc would use the windfall from a lower U.S. corporate tax rate to finance share buybacks from investors, company executives said, highlighting how corporate savings would be spent under the Republican tax plan.

Palestinians nytimes.com

Nearly Every Former U.S. Ambassador to Israel Disagrees With Trump’s Jerusalem Decision

All but two of the 11 former envoys said the decision — a departure from seven decades of U.S. policy — was foolish and even dangerous.

Lewis, John R nytimes.com

If Trump Goes, John Lewis Will Skip Mississippi Civil Rights Museum Opening

Mr. Lewis and Bennie Thompson, both House Democrats, said they would not attend the museum opening because Mr. Trump is scheduled to be there.

environmentNews reuters.com

Kinder Morgan Canada wins appeal on Trans Mountain expansion

CALGARY, Alberta (Reuters) - Canada's energy regulator ruled on Thursday in favor of Kinder Morgan Canada Ltd in its appeal seeking to sidestep some municipal permits needed for the company's C$7.4 billion ($5.8 billion) Trans Mountain pipeline expansion.

companyNews reuters.com

UPDATE 1-Kinder Morgan Canada wins appeal on Trans Mountain expansion

CALGARY, Alberta, Dec 7 (Reuters) - Canada's energy regulator ruled on Thursday in favor of Kinder Morgan Canada Ltd in its appeal seeking to sidestep some municipal permits needed for the company's C$7.4 billion ($5.8 billion) Trans Mountain pipeline expansion.

businessNews reuters.com

Goldman Sachs to clear bitcoin futures: spokeswoman

NEW YORK (Reuters) - Goldman Sachs Group Inc. is planning to clear bitcoin futures for some clients as the new contracts go live on exchanges in the coming days, a spokeswoman for the bank said on Thursday.

businessNews reuters.com

Wall Street rising: Facebook, Alphabet, Lululemon gain

(Reuters) - Wall Street rose on Thursday, buoyed by popular technology companies including Facebook and Alphabet, while shares of yoga pants seller Lululemon Athletica also worked up a sweat.

cnn.com

John Lewis to skip civil rights event over Trump's attendance

Two black congressmen say they will not attend the opening of the Mississippi Civil Rights Museum Saturday because President Donald Trump is set to attend.

businessNews reuters.com

Bitcoin flirts with $16,000, alarm bells ring louder

LONDON/NEW YORK (Reuters) - Bitcoin rocketed to a lifetime high just shy of $16,000 on Thursday after climbing some 60 percent in just over a week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst.

businessNews reuters.com

AT&T/Time Warner antitrust trial set for March

WASHINGTON (Reuters) - The trial to determine if the U.S. Department of Justice can stop AT&T Inc's $85 billion purchase of media company Time Warner Inc will begin on March 19, a federal judge in Washington said during a hearing on Thursday.

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.

businessNews reuters.com

Exclusive: Uber's Chinese rival Didi Chuxing to enter Mexico next year - sources

MEXICO CITY/SAN FRANCISCO (Reuters) - Didi Chuxing, China's ride-hailing behemoth, plans to expand into Mexico next year, intensifying its global rivalry with Uber, according to two sources familiar with the plans.

businessNews reuters.com

Wall Street rising: Facebook, Alphabet gain

(Reuters) - Wall Street rose on Thursday, buoyed by popular technology companies including Facebook and Alphabet, while shares of yoga pants seller Lululemon Athletica also warmed up.

businessNews reuters.com

Morgan Stanley fires former lawmaker for misconduct

NEW YORK (Reuters) - Morgan Stanley has fired former U.S. Democratic lawmaker Harold Ford, Jr., a managing director at the Wall Street bank, for inappropriate conduct, a spokeswoman said on Thursday.

cnn.com

Trump's Jerusalem decision puts the Middle East on knife's edge

Donald Trump's announcement, on recognizing Jerusalem as the capital of Israel and moving the US Embassy to the Holy City, appeared, at least on the surface, chiefly ceremonial.

businessNews reuters.com

LendingClub shares take a hit from disappointing forecast

(Reuters) - Shares of LendingClub Corp hit a record low on Thursday after the online lender raised its loss estimate and cut its revenue forecast for the fourth quarter.

businessNews reuters.com

Wall Street higher as technology stocks gain ground

(Reuters) - U.S. stocks edged higher in early afternoon trading on Thursday as popular technology stocks gained a firm footing after a bout of selloff and industrial stocks rose.

businessNews reuters.com

New York pension fund seeks more pay disclosure from Wells Fargo

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

businessNews reuters.com

Honeywell to buy 25 percent of Chinese supply chain software firm

(Reuters) - Industrial conglomerate Honeywell will take a 25 percent stake in Chinese software provider Flux Information Technology, placing a long-term bet on China's rapidly growing logistics industry.

businessNews reuters.com

Uber's license suspended in British city of Sheffield

LONDON (Reuters) - Uber's license to operate in the northern English city of Sheffield was suspended last Friday after it failed to respond to requests about the management of its taxi app, the local authority said.

companyNews reuters.com

UPDATE 1-Uber's licence suspended in British city of Sheffield

LONDON, Dec 7 (Reuters) - Uber's licence to operate in the northern English city of Sheffield was suspended last Friday after it failed to respond to requests about the management of its taxi app, the local authority said.

businessNews reuters.com

Ford to test new self-driving vehicle technology in 2018

DETROIT (Reuters) - Ford Motor Co will begin testing its latest self-driving vehicle technology next year in at least one city but has not changed its plan to begin commercial production until 2021, the company said.

businessNews reuters.com

Budweiser maker Anheuser-Busch reserves 40 Tesla electric trucks

(Reuters) - Budweiser beer maker Anheuser-Busch has reserved 40 of Tesla Inc's all-electric Semi trucks as it seeks to reduce fuel costs and vehicle emissions, the brewer said on Thursday.

companyNews reuters.com

EU to intervene in Microsoft's U.S. Supreme Court data protection case

BRUSSELS, Dec 7 (Reuters) - The European Union is to make a submission to the U.S. Supreme Court in its hearing of the U.S. Department of Justice's appeal against a ruling which prevented prosecutors from gaining access to emails held by Microsoft in Ireland.

businessNews reuters.com

Technology stocks lead Wall Street's rise

(Reuters) - The three major U.S. indexes rose in late morning trading on Thursday with stocks of technology companies leading the pack, followed by industrials.

businessNews reuters.com

Key to Pandora's turnaround: a better advertising platform

(Reuters) - Kevin Kleinman, a trader at Watchhimtrade.com, listens to music on Pandora every morning as he executes trades worth millions of dollars. But he will not bet a dime on the music streaming company.

cnn.com

Protests break out after Trump's Jerusalem decision

The leader of the Palestinian Islamist group Hamas has called for a new "intifada," or uprising, as protests broke out in Jerusalem, Ramallah and Bethlehem following US President Donald Trump's decision to recognize Jerusalem as the capital of Israel.

businessNews reuters.com

Tech gains lift Nasdaq; consumer stocks weigh on S&P, Dow

(Reuters) - Gains in technology stocks helped lift the Nasdaq on Thursday, while the S&P 500 and the Dow were weighed down by losses in consumer stocks.

businessNews reuters.com

Broadcom helps lift Nasdaq; S&P, Dow slip

(Reuters) - Gains in chipmaker Broadcom and yogawear maker Lululemon helped lift the Nasdaq at the open on Thursday, while the S&P 500 and the Dow were slightly lower.

worldNews reuters.com

Thai court issues arrest warrants over arms cache

BANGKOK (Reuters) - A Thai court issued arrest warrants against five people on Thursday over the discovery of a cache of weapons, including figures with links to the "Red Shirt" followers of former prime minister Thaksin Shinawatra.

businessNews reuters.com

Bitcoin surges above $15,000 after climbing $2,000 in 12 hours

LONDON (Reuters) - Bitcoin rocketed above $15,000 for the first time on Thursday, after adding more than $2,000 to its price in fewer than 12 hours.

businessNews reuters.com

Apple suppliers gain after Broadcom hint on iPhone

(Reuters) - Shares in Skyworks Solutions Inc , Cirrus Logic Inc , and Qorvo Inc traded higher on Thursday after fellow Apple supplier Broadcom Ltd hinted the late launch of iPhone X would help revenue rise.

businessNews reuters.com

Budweiser maker Anheuser-Busch reserves 40 Tesla electric trucks: WSJ

(Reuters) - Anheuser-Busch, which makes Budweiser beers, has reserved 40 of Tesla Inc's all-electric Semi trucks as it seeks to reduce fuel costs and vehicle emissions, the Wall Street Journal reported on Thursday.

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.

businessNews reuters.com

Czech Travel Service says signs deal for additional nine Boeing 737 MAX planes

PRAGUE (Reuters) - Czech airline Travel Service said on Thursday it had signed an order for nine additional Boeing 737 MAX planes for its fleet in November, increasing its total order book for the model to 39 planes.

companyNews reuters.com

Kremlin says up to arbitration court to decide on Rosneft's claim against Sistema

MOSCOW, Dec 7 (Reuters) - Kremlin spokesman Dmitry Peskov said on Thursday it was up to an arbitration court to decide on a new claim brought by Russia's largest oil producer Rosneft against Sistema conglomerate.

cnn.com

Protests erupt over Trump's Jerusalem decision

CNN's Ian Lee reports from Ramallah in the West Bank as protesters respond to President Trump's Jerusalem decision.

businessNews reuters.com

Stock futures sluggish; eyes on tax bill talks and General Electric

(Reuters) - U.S. stock futures pointed to a dull opening on Thursday with technology stocks holding on to their modest gains as traders focus on progress in tax bill negotiations and General Electric's job-cut plan.

businessNews reuters.com

General Electric to cut 12,000 jobs in power business revamp

ZURICH (Reuters) - General Electric Co announced on Thursday it was axing 12,000 jobs at its global power business as the struggling industrial conglomerate responds to dwindling demand for fossil fuel power plants.

businessNews reuters.com

German SPD leader takes aim at U.S. tech giants

BERLIN (Reuters) - The leader of Germany's Social Democrats (SPD) took aim at U.S. technology firms Apple, Facebook and Google on Thursday, saying a strong Europe was needed to make sure they stick to the rules.

businessNews reuters.com

GE to cut 12,000 jobs in power business: Bloomberg

(Reuters) - General Electric Co is planning to cut 12,000 jobs in its power business, Bloomberg reported on Thursday, citing a person familiar with the matter.

companyNews reuters.com

BRIEF-Huber Capital reports a 5.94 pct passive stake in Teekay Tankers

* HUBER CAPITAL MANAGEMENT LLC REPORTS A 5.94 PCT PASSIVE STAKE IN TEEKAY TANKERS LTD AS OF NOV 29 - SEC FILING Source text: [http://bit.ly/2BTyE6P] Further company coverage:

businessNews reuters.com

ExxonMobil, Chevron, Shell paid no tax in Australia for 2016

MELBOURNE (Reuters) - Exxon Mobil Corp and Chevron Corp paid no tax in Australia in the 2016 financial year, the third year in a row, despite reporting billions of dollars in income from operations in the country, a report from the tax office showed on Thursday.

businessNews reuters.com

AT&T/Time Warner antitrust hearing to focus on trial date

WASHINGTON (Reuters) - The U.S. Department of Justice and AT&T Inc will meet in court for the first time on Thursday as the antitrust regulator attempts to stop the U.S. No. 2 wireless company's $85 billion purchase of media company Time Warner Inc .

businessNews reuters.com

GE proposes to cut 1,600 jobs in Germany

BERLIN (Reuters) - General Electric said it plans to cut around 1,600 jobs in Germany as it shrinks its troubled power generation business.

businessNews reuters.com

Toymaker Lego wins Chinese copyright case against brick imitators

COPENHAGEN (Reuters) - Lego has won a landmark case in China against two companies that manufactured and sold toys almost identical to its LEGO Friends range but branded Bela, the Danish toymaker said.

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.