The Senate voted to begin the formal process of reconciling its tax bill with the House version as lawmakers continued to discuss changes to the legislation. [Source]
(Reuters) - Wall Street indexes hovered around record levels on Thursday, perked up by the Federal Reserve's upbeat view on the economy and news that the Republicans' tax code overhaul is set to face final votes in Congress before the year-end.
WASHINGTON (Reuters) - Alabama Democrat Doug Jones, who won a bitter fight for a U.S. Senate seat this week, called on his Republican opponent to concede the race and help heal the Southern state after a deeply divisive contest.
WASHINGTON (Reuters) - White House budget director Mick Mulvaney said on Thursday he believed votes on tax overhaul legislation could occur in the Senate and House of Representatives as early as Tuesday and Wednesday, respectively.
(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.
(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.
MEXICO CITY (Reuters) - Mexican Senate committees on Wednesday approved a controversial security bill that human rights groups say risks granting excessive power to the armed forces in their already checkered role in combating organized crime in the country.
WASHINGTON (Reuters) - A former chemical industry consultant nominated by the Trump administration to head the Environmental Protection Agency's chemical safety and pollution prevention office has withdrawn his nomination, Bloomberg reported on Wednesday.
WASHINGTON (Reuters) - U.S. President Donald Trump's eldest son met with the U.S. Senate Intelligence Committee on Wednesday as part of the panel's investigation into Russia, the 2016 U.S. election and whether his father's election campaign colluded with Moscow.
Exit polling shows 98 percent of female African-American voters supported Doug Jones in the Senate election in Alabama. We spoke to some of them to learn what was so important to them in this election.
WASHINGTON (Reuters) - The chairman of the U.S. House Appropriations Committee on Wednesday introduced a bill to fund the government until Jan. 19 while Congress works on longer-term legislation, the panel said in a statement.
(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.
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.
WASHINGTON (Reuters) - A firm that commissioned a "dossier" detailing links between then-presidential candidate Donald Trump's campaign and Russia said in a court filing that Republicans leaked the company's banking data to the media for partisan political purposes.
WASHINGTON (Reuters) - Two of President Donald Trump's judicial nominees will not be confirmed by the Republican-controlled U.S. Senate following criticism over controversial statements they made, a White House official said.
WASHINGTON (Reuters) - Democrats said on Wednesday their U.S. Senate victory in Alabama could lead to a sweeping comeback for the party in 2018 elections while Republicans sought to assess blame for a defeat in one of the nation's most conservative states.
(Reuters) - Minnesota's Democratic Lieutenant Governor Tina Smith was appointed as U.S. senator by the state's governor on Wednesday to replace Al Franken, who resigned after being accused of sexual harassment.
WASHINGTON (Reuters) - Congressional Republicans have reached a deal on final tax legislation, the top Senate Republican tax writer said on Wednesday, with President Donald Trump saying minutes later he would back a corporate tax rate of 21 percent.
WASHINGTON (Reuters) - Congressional Republicans have reached a deal on final tax legislation, the top Senate Republican tax writer said on Wednesday, an achievement that would clear the way for final votes in the Senate and House of Representatives next week.
WASHINGTON (Reuters) - Congressional Republicans scrambled on Wednesday to hammer out a final tax bill, as U.S. President Donald Trump prepared to make his closing arguments in a speech promoting the party's plan to slash taxes for corporations and wealthy Americans.
BIRMINGHAM, Ala./WASHINGTON (Reuters) - Democrats said on Wednesday their U.S. Senate victory in Alabama could lead to a sweeping comeback for the party in 2018 elections while Republicans sought to assess blame for a defeat in one of the nation's most conservative states.
LOS ANGELES (Reuters) - Small-town dramedy "Three Billboards Outside Ebbing, Missouri" led the 2018 Screen Actors Guild (SAG) nominations on Wednesday in a list that shut out celebrated veterans like Meryl Streep and Daniel Day-Lewis as well as Steven Spielberg's press freedom movie "The Post."
WASHINGTON (Reuters) - Republican lawmakers doubled down on attacks against Special Counsel Robert Mueller on Wednesday, after new details emerged about anti-Trump text messages sent by an FBI agent who worked on the Russia investigation.
WASHINGTON (Reuters) - The top Democrat in the U.S. Senate said bipartisan negotiations to protect undocumented people who immigrated to the United States as children were making very good progress, and that he hoped a bill could clear Congress by year-end.
LOS ANGELES (Reuters) - Small-town dramedy "Three Billboards Outside Ebbing, Missouri" led the 2018 Screen Actors Guild (SAG) nominations on Wednesday with four nods, including the top prize for best movie ensemble.
BERLIN, Dec 13 (Reuters) - The German government said it "greatly regrets" a decision by the European Commission to block Lufthansa's planned purchase of airline Niki and it signalled insolvency for the Air Berlin subsidiary and the grounding of its flights.
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.
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.
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.
TOKYO (Reuters) - U.S. stock futures, Treasury yields and the dollar dipped on Wednesday as Democrat Doug Jones beat Republican Roy Moore in a bitter U.S. Senate race in Alabama, while Asian shares gained as crude oil futures took back some lost ground.
TOKYO, Dec 13 (Reuters) - U.S. stock futures, Treasury yields and the dollar dipped on Wednesday as Democrat Doug Jones beat Republican Roy Moore in a bitter U.S. Senate race in Alabama, while Asian shares gained as crude oil futures took back some lost ground.
WASHINGTON (Reuters) - In backing Roy Moore in Alabama's U.S. Senate race even though the candidate faced allegations of sexual misconduct with teenage girls, President Donald Trump made a risky bet - and lost big.
TOKYO (Reuters) - U.S. stock futures, Treasury yields and the dollar fell on Wednesday as Democrat Doug Jones beat Republican Roy Moore in a bitter U.S. Senate race in Alabama, while Asian shares edged up as crude oil futures took back lost ground.
BIRMINGHAM, Ala. (Reuters) - Democrat Doug Jones won a bitter fight for a U.S. Senate seat in deeply conservative Alabama on Tuesday, U.S. media projected, dealing a political blow to President Donald Trump in a race marked by accusations of sexual misconduct against Republican candidate Roy Moore.
MONTGOMERY, Ala. (Reuters) - A bitter U.S. Senate race in Alabama with high stakes for President Donald Trump was too close to call on Tuesday, with Republican Roy Moore leading despite allegations against the candidate of sexual misconduct toward teenagers.
MONTGOMERY, Ala. (Reuters) - Polls closed on Tuesday in a bitter U.S. Senate race in Alabama with high stakes for President Donald Trump, who has endorsed fellow Republican Roy Moore despite allegations against the candidate of sexual misconduct toward teenagers.
BOSTON/HOUSTON (Reuters) - Climate activists said on Tuesday they would take a tough shareholder resolution off the table at Exxon Mobil Corp after the company agreed to provide new details about how climate change could affect its business.
WASHINGTON (Reuters) - Crucial details of the Republican tax plan, including the proposed corporate rate, were in flux late on Tuesday as negotiators from the U.S. Congress rushed to finalize the plan ahead of a self-imposed Wednesday deadline.
BOSTON/HOUSTON, Dec 12 (Reuters) - Climate activists said on Tuesday they would take a tough shareholder resolution off the table at Exxon Mobil Corp after the company agreed to provide new details about how climate change could affect its business.
WASHINGTON (Reuters) - U.S. House Republicans proposed on Tuesday to delay or suspend several taxes under former President Barack Obama's healthcare law, including a tax on medical devices and the so-called "Cadillac" tax on generous health insurance plans.
WASHINGTON (Reuters) - Senate Majority Leader Mitch McConnell said on Monday he was confident the U.S. Congress would be able to reach an agreement to fund the government when the current spending bill ends on Dec. 22 and that there would be no forced government shutdown.
BRASÃLIA/SAO PAULO (Reuters) - Brazilian senators passed on Tuesday a bill proposing sharp increases in the use of biofuels such as ethanol and biodiesel in the country in coming years, as a way to help cut carbon emissions.
WASHINGTON (Reuters) - A bipartisan push in the Senate to protect undocumented people who immigrated to the United States as children is gaining momentum as lawmakers try to wrap up negotiations this month, Republican Senator Jeff Flake said on Tuesday.
WASHINGTON (Reuters) - President Donald Trump signed the annual defense policy bill on Tuesday and urged Congress to fully fund the measure and lift the budget caps that have forced limits on U.S. defense spending for several years.
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 .
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.
In today's Alabama US Senate election, Democrat Doug Jones isn't running just against Republican Roy Moore. Jones is also running against the most powerful trend shaping modern elections for the US Senate.
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.
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.
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.
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...
WASHINGTON/NEW YORK (Reuters) - As Republicans in the U.S. Congress rush to finish their tax plan, the legislation is not getting more popular with the public, with nearly half of Americans still opposed to it, according to a Reuters/Ipsos opinion poll released on Monday.
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.
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.
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.
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.
* BLOOMIN' BRANDS - ON DEC 6,CHRIS T. SULLIVAN GAVE NOTICE OF RESIGNATION FROM BOARD; ON SULLIVANâ€™S RESIGNATION, BOARD REDUCED SIZE TO 7 - SEC FILING Source text: (http://bit.ly/2jOzTN7) Further company coverage:
When it comes to the GOP tax plan, lawmakers are in what one source described to CNN as "this bizarre moment where everyone knows this can and will get done, but nobody's really ready to actually get to that point yet."
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.
WASHINGTON (Reuters) - Republican U.S. Senator Susan Collins, whose support was crucial in passing the Senate tax reform bill earlier this month, said on Sunday she has not yet decided whether she will back the final measure negotiated by House and Senate leaders.
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.
BERLIN (Reuters) - Senior members of German Chancellor Angela Merkel's conservatives on Saturday rejected the vision for a United States of Europe put forward by the Social Democrats (SPD), with whom they are hoping to form a governing coalition.
MEXICO CITY (Reuters) - Mexican President Enrique Pena Nieto on Friday asked Senate lawmakers to include civil society's views in their discussion of a divisive bill that critics say would give the military greater powers and deepen its role in the country's drug war.
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.
WASHINGTON (Reuters) - Even before completing their overhaul of the U.S. tax code, Republicans in Washington have begun turning their attention to changes and possible cuts in the social safety net of government programs for the poor, children, elderly and disabled Americans.
WASHINGTON (Reuters) - U.S. President Donald Trump on Friday signed legislation to fund the federal government for two weeks, giving congressional negotiators more time to work out budget priorities through next September and other thorny policy matters.
WASHINGTON (Reuters) - U.S. President Donald Trump has signed legislation to fund the federal government for two more weeks, White House spokeswoman Sarah Sanders said on Friday, a move that averts a government shutdown while Congress negotiated a longer-term budget deal.
Dec 8 (Reuters) - Teva Pharmaceutical Industries Ltd is considering cutting up to 10,000 jobs as CEO Kare Schultz seeks to reduce $1.5 billion to $2 billion in costs over the next two years, Bloomberg reported, citing people familiar with the matter.
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.
For the first time in American politics, anonymous "dark money" political donations could become tax-deductible. That's if a provision currently being debated between House and Senate negotiators makes it into the final tax bill.
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.
KARANGASEM, Indonesia (Reuters) - A rumbling volcano on Indonesia's tourist island of Bali ejected greyish-white plumes of ash on Friday, a timelapse sequence of Reuters images showed, a reminder, if it were needed, that its weeks-long period of activity has not ended.
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'...
WASHINGTON (Reuters) - U.S. House of Representatives Democratic leader Nancy Pelosi said on Thursday her party would not support a short-term funding bill being brought up for a vote later in the day because it did not include any key Democratic priorities.
WASHINGTON (Reuters) - The Senate on Thursday confirmed the Environmental Protection Agency's third high-level official after Administrator Scott Pruitt, approving Susan Bodine to become the agency's top enforcement official.
As the calendar nears 2018, the battle for control of the Senate is shifting in all sorts of unexpected ways -- changes driven primarily by bad behavior but also a national political environment heavily colored by President Donald Trump's widespread unpopularity.
WASHINGTON (Reuters) - House of Representatives Speaker Paul Ryan said he felt good about the vote count on a government spending bill coming before House on Thursday afternoon that is aimed at keeping the government from shutting down this week.
WASHINGTON (Reuters) - A new chairman was sworn in on Thursday at the Federal Energy Regulatory Commission who will lead the agency as it considers a directive from the administration of U.S. President Donald Trump to subsidize ailing coal and nuclear power plants.
WASHINGTON (Reuters) - House Democratic leader Nancy Pelosi said on Thursday her party would not support a short-term government funding bill being brought up for a vote later in the day because it did not include any key Democratic priorities.
Former Fox News anchor Gretchen Carlson declined Thursday to rule out a run for the US Senate, telling CNN's Poppy Harlow and John Berman that she's been asked to run in her home state of Connecticut.
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.
(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.
The prognosis to avert a government shutdown looks promising for now, as House Republicans prepare to put a short-term spending bill on the floor Thursday to keep the federal government running for another two weeks.
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.