WASHINGTON (Reuters) - The U.S. Federal Reserve raised interest rates on Wednesday and forecast at least two more hikes for 2018, highlighting its growing confidence that tax cuts and government spending will boost the economy and inflation and spur more aggressive future tightening.
SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg said on Wednesday that his company made mistakes in how it handled data belonging to 50 million of its users and promised tougher steps to restrict developers' access to such information.
MAIDUGURI, Nigeria (Reuters) - A plane carrying scores of Nigerian schoolgirls freed by Islamist Boko Haram militants on Wednesday has taken off from Maiduguri for the capital Abuja, a Reuters witness reported.
CARACAS (Reuters) - The Miss Venezuela beauty pageant said on Wednesday it will investigate possible unethical conduct by its contestants following a vitriolic social media spat that saw former participants accusing each other of inappropriate behavior.
SAN FRANCISCO (Reuters) - Collaboration software provider Slack Technologies Inc is building a safety engineering team that will develop methods to help reduce the disruptions that have been more frequent on Slack's service than rival systems, the company told Reuters.
NANTERRE, France (Reuters) - French former president Nicolas Sarkozy was told after two days in custody on Wednesday that he is being formally treated as a suspect as magistrates investigate claims his 2007 election campaign got funding from late Libyan leader Muammar Gaddafi.
WASHINGTON (Reuters) - The U.S. Senate passed legislation on Wednesday aimed at penalizing website operators that facilitate online sex trafficking, chipping away at a bedrock legal shield for the technology industry.
NEW YORK (Reuters) - U.S. stocks ended slightly lower on Wednesday, with major indexes giving up gains in choppy trade after the Federal Reserve raised U.S. interest rates, while a strong gain in the energy space helped limit losses.
(Reuters) - British consumer goods maker Reckitt Benckiser Group said on Wednesday it had ended discussions with Pfizer Inc over buying its consumer healthcare business, a day before the U.S. drug company was expecting binding offers for the unit.
GRANADERO BAIGORRIA, Argentina (Reuters) - U.S. tractor maker Deere & Co is bracing for a negative financial impact from U.S. tariffs on steel imports and worries that retaliatory tariffs on American agricultural exports could follow, Chief Executive Samuel Allen told Reuters in an interview on Wednesday.
Nearly 20% of the student population didn't show up Wednesday at Marjory Stoneman Douglas High School after two fellow students were charged with bringing weapons to campus, another made a threat of violence on social media and a security guard was found asleep in his car.
NEW YORK (Reuters) - The U.S. East's fourth major snowstorm this month swept through the region with heavy snow and high winds on Wednesday, snarling flights and commuter travel, closing schools and triggering emergency declarations in New York City and New Jersey.
BRUSSELS (Reuters) - European Union leaders will on Friday offer Britain a Brexit transition deal, the summit chair Donald Tusk said - but the deal will only be finalized if London honours its commitments on the Irish border and Gibraltar.
WASHINGTON (Reuters) - President Donald Trump, in talks with congressional leaders on Wednesday, backed a $1.3 trillion spending bill meant to avert a U.S. government shutdown, even though it is expected to exclude some of his specific immigration-related funding requests.
WASHINGTON (Reuters) - Three U.S. Republican lawmakers said on Wednesday they want China's Confucius Institute cultural centers in the United States to register as foreign agents, and to require all U.S. universities to disclose major gifts from foreign sources.
STRATFORD, Ontario (Reuters) - A Canadian town known for its annual theater festival is emerging as a hub of "snowtonomous" research, as automakers face demands to produce self-driving cars that can perform in snow and sleet.
SANTIAGO, Chile (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Wednesday his agency has worked on U.S. investment restrictions on China for President Donald Trump to consider as part of his decisions on intellectual property actions against Beijing.
EDINBURGH (Reuters) - Britain's devolved parliaments in Scotland and Wales on Wednesday approved bills that aim to keep their current powers unchanged after Brexit, a backstop in case a dispute with Prime Minister Theresa May's government drags on.
(Reuters) - U.S. media company Meredith Corp , which completed the acquisition of Time Inc in January, said on Wednesday it has cut around 200 jobs and plans to lay off 1,000 more over the next 10 months.
WASHINGTON/NEW YORK (Reuters) - Tech start-ups that issue digital tokens to raise funds are falling in line with U.S. securities laws or seeking legal ways to skirt them after the Securities and Exchange Commission (SEC) said it planned to regulate the market.
CHICAGO (Reuters) - The head of United Airlines acknowledged on Wednesday that the carrier had made a mistake last week when a French bulldog puppy died on a United flight after a cabin attendant forced the dog's owner to stow it in an overhead bin.
The fact that President Donald Trump either didn't read or ignored a warning in his briefing papers not to congratulate Russian President Vladimir Putin on a phone call between the two men Tuesday is a sexy story. But, it is not the real story here.
WASHINGTON (Reuters) - U.S. President Donald Trump defended his congratulations to Vladimir Putin on the Russian president's disputed re-election victory on Wednesday, saying he wants Putin's help in solving crises from North Korea to Syria and beyond.
PFLUGERVILLE, Texas (Reuters) - The man accused of carrying out a three-week bombing spree that killed two people in Texas before blowing himself up as police closed in on him was a 23-year-old unemployed man from suburban Austin, authorities said on Wednesday.
WASHINGTON (Reuters) - When exploring marine environments, underwater robots tend to be a bull trout in a china shop, disturbing marine life with their bulk and disruptive propulsion. Enter SoFi, the soft, agile robotic fish with a delicate demeanor.
WASHINGTON (Reuters) - A committee in the U.S. House of Representatives voted Wednesday to name the Federal Reserve as the primary regulator for the "Volcker Rule," which bars banks from speculative trading.
SAN FRANCISCO (Reuters) - A Chevron attorney said in court on Wednesday that the company supports scientific conclusions that humans are causing climate change, a response to a lawsuit that accuses five major energy producers of misleading the public for years about their role in global warming.
LAUSANNE (Reuters) - World Anti-Doping Agency (WADA) President Craig Reedie said changing circumstances made him confident Russia would become compliant with international anti-doping standards despite an apparent impasse.
PFLUGERVILLE, Texas (Reuters) - The quiet, home-schooled son of a local couple that sold Amway products is suspected of staging a three-week deadly bombing campaign that gripped the Texas capital of Austin.
LOS ANGELES (Reuters) - The soundtrack from "The Sound of Music," Fleetwood Mac's 1977 album "Rumours" and the 1984 song "Footloose" were among 25 recordings deemed national treasures on Wednesday and worthy of preserving by the U.S. Library of Congress.
BOSTON (Reuters) - U.S. retirement plans pumped billions of dollars into investment trusts last year, helping asset managers offset some of the heavy cash outflows from their pricier actively managed...
PFLUGERVILLE, Texas (Reuters) - An unemployed 23-year-old man suspected of a three-week bombing campaign in Texas that killed two people and injured five others before blowing himself up on the side of a highway was identified by local media on Wednesday.
NEW YORK (Reuters) - UBS AG has reached a $230 million settlement to resolve charges brought by New York state that it misled and hurt investors by selling subprime mortgage securities that contributed to the 2008 global financial crisis.
BRUSSELS (Reuters) - EU leaders will issue a warning to Britain on Friday that it will only finally secure a Brexit transition period if it stands by its commitments on the Irish border and Gibraltar, a draft statement showed on Wednesday.
WASHINGTON (Reuters) - More money for border security and fighting Russian election hacking was expected to be included in a $1.3 trillion U.S. government spending bill taking shape in Congress on Wednesday, along with gun legislation and a fix to a "grain glitch" in last year's sweeping tax law overhaul.
(Reuters) - Eight state troopers will be sent to help guard the Florida school where a gunman killed 17 people, the state's governor said on Wednesday after a rash of security incidents this week including the arrest of two students for carrying knives.
NEW YORK, March 21 (Reuters) - UBS AG has reached a $230 million settlement to resolve charges brought by New York state that it misled and hurt investors by selling subprime mortgage securities that contributed to the 2008 global financial crisis.
WASHINGTON, March 21 (Reuters) - More money for border security and fighting Russian election hacking was expected to be included in a $1.3 trillion U.S. government spending bill taking shape in Congress on Wednesday, along with gun legislation and a fix to a "grain glitch" in last year's sweeping tax law overhaul.
WASHINGTON (Reuters) - Lawmakers have included nearly $400 million in a massive federal government spending bill to help safeguard U.S. voting systems from cyber attacks, three sources familiar with negotiations said on Wednesday.
MOSCOW (Reuters) - Britain accused Moscow on Wednesday of running an assassination program to eliminate its enemies, while Russia said Britain may itself have orchestrated the poisoning of former Russian double agent Sergei Skripal and his daughter Yulia in England.
BRIEF-Assured Guaranty Ltd Says CEO Dominic J. Frederico's 2017 Total Compensation Was $13.5 Million
* ASSURED GUARANTY LTD SAYS CEO DOMINIC J. FREDERICO'S 2017 TOTAL COMPENSATION WAS $13.5 MILLION VERSUS $12.7 MILLION IN 2016 – SEC FILING Source text - http://bit.ly/2pr9ZCc Further company coverage:
WASHINGTON (Reuters) - The United States has had constructive talks about the Iran nuclear deal with Britain, France and Germany but is making contingency plans should they fail, the lead U.S. negotiator said on Wednesday.
* DISCOVERY AIR INC. ANNOUNCES COMMENCEMENT OF RESTRUCTURING PROCEEDINGS UNDER THE COMPANIES' CREDITORS ARRANGEMENT ACT AND PENDING SALE PROCESS TO PRESERVE BUSINESS; AFFILIATES OF CLAIRVEST SUBMIT BIDS TO PURCHASE ASSETS
LONDON (Reuters) - Cut-price copies of an expensive Roche biotech drug for blood cancer have taken 80 percent of the British market since launching last year, saving the healthcare system 80 million pounds ($113 million) a year, experts said on Wednesday.
NEW YORK, March 21 (Reuters) - A rise in oil prices to a six-week high helped reverse a day-long decline in world equity markets Wednesday ahead of a likely increase in U.S. interest rates and guidance on how many more to expect for this year.
MOSCOW/FRANKFURT (Reuters) - The psychologist at the center of a scandal over the misuse of millions of Facebook users' personal data worked with Russian researchers on a study of toxic personality traits.
NEW YORK/LONDON (Reuters) - A U.S. resident has sued Facebook and a British-based political consultancy for obtaining data from millions of the social media site's users without their permission, while an academic at the center of the storm accused both firms of scapegoating him.
WASHINGTON (Reuters) - Not having a verifiable way to audit election results in some states represents a "national security concern," the Trump administration's homeland security chief said on Wednesday, looking ahead to U.S. midterm elections in November.
(Reuters) - U.S. stocks gained on Wednesday afternoon, ahead of an near-certain interest rate hike by the Federal Reserve, as Facebook Inc's shares reversed course to trade higher and energy stocks got a boost from rising oil prices.
BERLIN (Reuters) - Chancellor Angela Merkel on Wednesday charged her new government with healing divisions in German society that have fueled the far-right, equipping the economy for the digital era and bolstering the European project.
NEW YORK (Reuters) - U.S. fund investors steered the most cash since mid-2017 into stocks, Investment Company Institute (ICI) data for the most recent week showed on Wednesday, as cool economic data...
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions instructed federal prosecutors on Wednesday to seek the death penalty in drug-related cases whenever it is "appropriate," saying the Justice Department must boost efforts to counter America's epidemic of opioid abuse.
GENEVA (Reuters) - The International Cycling Union (UCI) will use X-ray technology and randomly select bikes to dismantle following a race in an increased effort to fight technological fraud, the governing body said on Wednesday.
PFLUGERVILLE, Texas (Reuters) - The quiet, home-schooled son of a local couple that sold Amway products is suspected of staging a three-week deadly bombing campaign that gripped the Texas capital of Austin.
The Trump presidency is a study in chaos: improvisational, reactive, and unpredictable. Policy priorities change daily, and so, it seems, does the personnel. Secretary of State Rex Tillerson and chief economic adviser Gary Cohn are just the most recent of some two dozen senior officials who have been kicked to the curb after brief stints in the Trump administration.
HAMBURG (Reuters) - German authorities have confirmed outbreak of the highly pathogenic H5N6 bird flu type at a farm on an island off the German North Sea coast, the Schleswig-Holstein state agriculture ministry said on Wednesday.
(Reuters) - Millions of commuters along the U.S. East Coast faced another round of heavy snow, ice and gusty winds on Wednesday as the fourth major snowstorm this month struck the region, closing schools, grounding flights and halting buses and trains.
(Reuters) - The largest lease sale in American history in the offshore Gulf of Mexico yielded $124.76 million dollars in winning bids from drillers on Wednesday, a modest response to the Trump administration's effort to pump up investment in the region.
SAN FRANCISCO/BOSTON (Reuters) - Tesla Inc shareholders approved a compensation package potentially worth as much as $2.6 billion for Chief Executive Elon Musk on Wednesday in a test of their confidence in the leader of the electric car company.
BOSTON (Reuters) - Apollo Global Management LLC Chief Executive Leon Black on Wednesday downplayed the possibility that his private equity firm would follow peer Ares Management LP in converting from...
LONDON (Reuters) - Hollywood actor Michael Sheen has launched a campaign aimed at tackling high-cost credit in Britain, as a report released on Wednesday surveyed for the first time the impact on people's health and mental wellbeing of such problem debts.
MUNICH (Reuters) - BMW will not change its strategy on autonomous vehicle testing despite the death of a pedestrian struck by a self-driving car during tests by ride-hailing firm Uber [UBER.UL], senior executives said on Wednesday.
WASHINGTON (Reuters) - President Donald Trump will likely announce tariffs on Chinese imports by Friday, a source in the administration said, as the top U.S. trade diplomat told lawmakers he had the tools to strike back over Chinese theft of U.S. tech know-how.
LONDON (Reuters) - The sweeping fields of flowers that fill the canvases at Zhuang Hong Yi's new London exhibition are more than just depictions of the natural world - he says they are a dialogue between the cultures that have shaped his work.
Sen. Chuck Grassley (R-IA) told CNN's Manu Raju that he "wouldn't have a conversation with a criminal," in response to a question about President Trump's congratulatory call to Russian President Vladimir Putin.
(Reuters) - A vast corruption investigation in Brazil that has toppled businessmen and lawmakers, haunted two presidencies and captivated the media, debuts as a Netflix series this week, long before anyone can predict how the real-life probe will end.
The Environmental Protection Agency has handed documents to Congress that show new travel expenses from agency administrator Scott Pruitt, totaling some $68,000 in hotel stays and air travel, The Washington Post reported Tuesday.
Reuters Health - Parents who endured “toxic stress” during childhood may be more likely to have kids with developmental delays and have a harder time coping with their children’s health issues, new research suggests.
AMMAN (Reuters) - Syrian rebels will evacuate a besieged town in eastern Ghouta, opposition sources and officials and a military media unit run by the government's ally Hezbollah said on Wednesday, the first such deal in the last rebel bastion near the capital.
LAUSANNE (Reuters) - Russia's progress towards being declared compliant with international anti-doping standards has become bogged down over two key points, the head of the World Anti-Doping Agency (WADA) said on Wednesday.
WASHINGTON (Reuters) - A deal to fund the U.S. government through the end of September is expected to include less funding than initially proposed for building a new train tunnel under the Hudson River connecting New York City and New Jersey, two people briefed on the talks said.
WASHINGTON (Reuters) - A leading U.S. House of Representatives member has privately urged banks to push Senate Democrats to agree to further easing of rules in a bid to end a stalemate over the first rewrite of regulations since the 2007-2009 financial crisis, sources said on Tuesday.
CHICAGO (Reuters) - Democratic Representative Dan Lipinski held off a stiff challenge from businesswoman Marie Newman to win a nationally watched congressional primary in Illinois that pitted a long-serving centrist incumbent against the party's liberal wing.
LONDON (Reuters) - The consultancy at the center of a storm over Facebook data greatly exaggerated its role in Donald Trump's 2016 U.S. presidential victory and would not have been able to sway an election result, the academic who provided the data said.
White House chief of staff John Kelly is furious about the quick leak of a warning to President Donald Trump to not congratulate his Russian counterpart Vladimir Putin for his re-election, a White House official said.
MOSCOW (Reuters) - The Kremlin said on Wednesday that a decision by the British ambassador to skip a Russian briefing on the poisoning of former Russian spy Sergei Skripal and his daughter in Britain showed London was unwilling to listen to Moscow's side of the story.
PFLUGERVILLE, Texas (Reuters) - An unemployed 24-year-old man suspected of a three-week bombing campaign in Texas that killed two people and injured five others blew himself up on the side of a highway as police closed in on him early Wednesday, authorities said.
TORONTO, March 21 (Reuters) - Canada's main stock index opened lower, before quickly reversing course on Wednesday, led by financials and energy stocks, though investors were on edge ahead of an imminent U.S. interest rate hike.
(Reuters) - U.S. stocks opened little changed on Wednesday as traders moved cautiously ahead of an expected Federal Reserve interest rate hike, while a drop in Facebook Inc's shares on privacy concerns again weighed on the technology sector.
KABUL (Reuters) - A suicide bomber blew himself up near a shrine in Kabul on Wednesday, killing at least 32 people and wounding dozens, as the Afghan capital celebrated the Nawruz holiday marking the start of the Persian new year.
(Reuters) - China Southern Airlines Co Ltd said on Wednesday it had placed an order for 30 Boeing Co 737 MAX narrowbodies for its Xiamen Airlines subsidiary in a deal the plane maker said was worth more than $3.6 billion at list prices.
PFLUGERVILLE, Texas, March 21 (Reuters) - An unemployed 24-year-old man suspected of a three-week bombing campaign in Texas that killed two people and injured five others blew himself up on the side of a highway as police closed in on him early Wednesday, authorities said.
PARIS, March 21 (Reuters) - French commodities trader Louis Dreyfus' reported a rise of almost 4 percent in annual net profit on Wednesday buoyed by higher volumes but cautioned that industry challenges persist.
March 21 (Reuters) - U.S. stocks opened little changed on Wednesday as traders moved cautiously ahead of an expected Federal Reserve interest rate hike, while a drop in Facebook Inc's shares on privacy concerns again weighed on the technology sector.
FRANKFURT (Reuters) - A strong euro and higher funding costs have created a 450 million euro ($552.92 million) headwind for Deutsche Bank in the first quarter of the year, the German lender's finance chief said on Wednesday.
BEIJING (Reuters) - Chinese electric vehicle (EV) maker BYD Co will open a battery recycling plant in Shanghai in the second quarter as it looks to reduce raw material costs and help to address battery waste, a spokeswoman said on Wednesday.
BUDAPEST (Reuters) - Prime Minister Viktor Orban's ruling Fidesz party remains the runaway leader in polls less than three weeks before national elections, with right-wing opposition party Jobbik in second place, surveys from Publicus and Zavecz Research showed on Wednesday.
HONG KONG (Reuters) - Chinese internet giant Tencent Holdings will step up investments in areas such as video, payment and artificial intelligence, it said after reporting better than expected quarterly net profit thanks to a string of successful IPOs.
BERLIN (Reuters) - German Chancellor Angela Merkel said on Wednesday the federal government rejects the idea of introducing comprehensive driving bans for diesel vehicles, calling instead for tailored solutions to bring down car emissions in heavily polluted cities.
(Reuters) - Cloud storage firm Dropbox Inc [DBX.O] raised the price range for its initial public offering by $2 on Wednesday as investors bid strongly for the first big tech IPO this year ahead of final pricing expected on Thursday.
WASHINGTON (Reuters) - U.S. President Donald Trump and Saudi Crown Prince Mohammed bin Salman discussed the situation in war-torn Yemen during a meeting on Tuesday, including Houthi rebel and Iranian activity and the humanitarian crisis, the White House said.
(Reuters) - The U.S. Interior Department will hold the largest lease sale in American history in the offshore Gulf of Mexico on Wednesday, in a major test of the oil industry’s appetite for federal acreage being offered by the Trump administration.
SHANGHAI (Reuters) - U.S. President Donald Trump often tweets from his iPhone about pressuring China to address its $375 billion trade surplus with the United States. But a closer look at the Apple smartphone reveals how the headline figure is distorted.
In the US and across the world, lawmakers and regulators are demanding answers from Facebook and Cambridge Analytica in the wake of a global scandal centered on the harvesting of the personal data of 50 million users.
When President Richard Nixon ordered the firing of Watergate special prosecutor Archibald Cox in 1973, he failed to drive a stake through the heart of his investigation. Propelled by appointment of a new prosecutor, congressional fortitude and public outrage, the Watergate probe continued.
WASHINGTON (Reuters) - Congress' massive federal government spending deal includes additional funding to boost border security, protect the upcoming elections in November and rebuild aging infrastructure, a source familiar with the negotiations said on Wednesday.