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Trump to make final tax push as Republican negotiators near deal

businessNews reuters.com

WASHINGTON (Reuters) - U.S. President Donald Trump will make a final push on Wednesday to shepherd a Republican tax overhaul over the finish line, hosting congressional negotiators for lunch before delivering a speech in which he will make his closing arguments for the legislation. [Source]

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cnn.com

Here is some of the praise doctor lavished on Trump

Dr. Ronny Jackson, the presidential physician, gushed about President Donald Trump's health during a briefing before the White House press corps on Tuesday, touting the President's "good genes," how he did "exceedingly well" on his cognitive test and his "excellent" cardiac health.

cnn.com

Trump's physician offers glowing praise

A sampling of the many kind things that Dr. Ronny Jackson, presidential physician, had to say about President Trump's health.

politicsNews reuters.com

Trump on Twitter (Jan 16): Border Security, fake news, Kazakhstan

The following statements were posted to the verified Twitter accounts of U.S. President Donald Trump, @realDonaldTrump and @POTUS.

healthNews reuters.com

Trump is fit for duty, but should hit the gym: White House doctor

WASHINGTON (Reuters) - U.S. President Donald Trump passed a test for signs of dementia and is in overall excellent health, but needs to shed weight by cutting calories, fats and carbohydrates and starting a daily exercise routine, the White House physician said on Tuesday.

worldNews reuters.com

Back Brexit law or risk chaos, British PM May's Conservatives tell lawmakers

LONDON (Reuters) - Prime Minister Theresa May's Conservative Party urged lawmakers to back the government's Brexit legislation at a vote in parliament later on Wednesday, warning opponents that trying to block the plan would bring chaos.

businessNews reuters.com

Automakers, U.S. lawmakers hope for progress on self-driving car bill

DETROIT (Reuters) - Automakers and lawmakers expressed hope on Tuesday that U.S. Congress would soon pass a stalled bill aimed at speeding self-driving cars to market, even as safety advocates argued for more performance requirements.

politicsNews reuters.com

Special counsel subpoenas former Trump aide Bannon: NYTimes

WASHINGTON (Reuters) - President Donald Trump's former chief strategist Steve Bannon has been subpoenaed by Special Counsel Robert Mueller to testify before a grand jury in a probe of alleged ties between Russia and Trump's 2016 presidential campaign, the New York Times reported on Tuesday.

entertainmentNews reuters.com

Alec Baldwin defends film maker Woody Allen as Hollywood backs away

LOS ANGELES (Reuters) - Actor Alec Baldwin on Tuesday expressed support for film maker Woody Allen as a growing number of entertainment industry stars seek to distance themselves from the "Annie Hall" director as part of the Time's Up campaign against sexual misconduct.

cnn.com

Fox News shelved Stormy Daniels-Trump story before election

healthNews reuters.com

Trump is sharp, but needs to lose weight: White House doctor

WASHINGTON (Reuters) - U.S. President Donald Trump passed a cognitive test and is in overall excellent health, but needs to lose 10 to 15 pounds (4.5 to 6.8 kg) by eating better and starting to exercise, the White House physician said on Tuesday.

businessNews reuters.com

Bitcoin falls 25 percent to $10,200 on Bitstamp exchange

SYDNEY (Reuters) - Bitcoin had lost a quarter of its value in early Asian trading on Wednesday as fears grew of a regulatory crackdown after reports that South Korea's finance minister said banning trading in cryptocurrencies was still an option.

entertainmentNews reuters.com

Actor Alec Baldwin defends film maker Woody Allen as Hollywood backs away

LOS ANGELES (Reuters) - Actor Alec Baldwin on Tuesday expressed support for film maker Woody Allen as a growing number of entertainment industry stars seek to distance themselves from the "Annie Hall" director as part of the Time's Up campaign against sexual misconduct.

cnn.com

North Korea rips 'lunatic' Trump as US moves B-52 bombers to Guam

The US Air Force has deployed six nuclear-capable B-52 Stratofortress bombers to Guam, according to US Pacific Air Forces, adding more firepower to the region just hours after North Korean state media mocked President Donald Trump's tweet referencing the size of his nuclear button as the "spasm of a lunatic."

businessNews reuters.com

GE reignites break-up talk after $11 billion insurance, tax hit

NEW YORK (Reuters) - General Electric Co indicated it is looking closely at breaking itself up on Tuesday as the conglomerate announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

businessNews reuters.com

Ford's 2017 profit misses Wall Street estimates

(Reuters) - Ford Motor Co on Tuesday reported 2017 preliminary adjusted earnings that missed market estimates, while its 2018 earnings forecast largely fell short of analysts' expectations.

cnn.com

Sanders: Trump's deal not based on race

White House press secretary Sarah Sanders defends President Trump's "shithole" comments, saying he wants an immigration deal based on merit, not race.

Company Reports nytimes.com

G.M. Chief Cautions Trump Administration on Upending Nafta

Mary Barra said that the United States should not scrap the trade pact and that any changes should account for the interests of American automakers and workers.

Budgets and Budgeting nytimes.com

Cuomo Says Budget Will Defend New York Against Trump’s ‘Economic Missile’

Gov. Andrew Cuomo on Tuesday unveiled a $168 billion spending plan that called for a raft of ideas to counter President Trump’s tax changes.

cnn.com

History suggests Trump avoiding interview with Mueller is unlikely

If special counsel Robert Mueller wants to talk to the President, there's not much Donald Trump's team can do to stop him, if history is any guide. Past presidents' legal teams have always lost when they tried to avoid testifying or turning over documents in criminal investigations.

politicsNews reuters.com

Special counsel subpoenas former Trump aide Bannon: NYT

WASHINGTON (Reuters) - President Donald Trump's former chief strategist Steve Bannon has been subpoenaed by Special Counsel Robert Mueller to testify before a grand jury in a probe into alleged ties between Russia and Trump's 2016 presidential campaign, the New York Times reported on Tuesday.

businessNews reuters.com

Railroad operator CSX's revenue misses as shipments fall

(Reuters) - CSX Corp reported lower-than-expected revenue for the fourth quarter due to a drop in shipments, but beat Wall Street's earnings targets on better prices and cost controls, capping a tumultuous year for the third-largest U.S. railroad operator.

businessNews reuters.com

NYSE to launch new NYSE National exchange in second quarter

NEW YORK (Reuters) - New York Stock Exchange parent Intercontinental Exchange Inc (ICE) plans to launch its fourth U.S. stock market, NYSE National, in the second quarter, according to a recent regulatory filing.

businessNews reuters.com

Wall St. eases as oil prices, General Electric fall

NEW YORK (Reuters) - Wall Street paused its rally on Tuesday, weighed down by weakness in General Electric shares and as lower oil prices dragged down the energy sector.

businessNews reuters.com

Exclusive: Mexico's Pemex chose Japan's Mitsui to complete Tula coking plant - sources

MEXICO CITY (Reuters) - Mexican state oil company Pemex [PEMX.UL] has chosen Japanese conglomerate Mitsui as its partner for a $2.6 billion coking plant project at its Tula refinery in a preliminary deal, two sources told Reuters this week.

United States Politics and Government nytimes.com

Doctor Declares Trump’s Health Excellent, With Perfect Score on Cognitive Test

President Trump could benefit from more exercise and losing a few pounds, the presidential physician said after Mr. Trump’s annual physical.

cnn.com

President asked the White House doctor for a cognitive exam after speculation about Trump's mental fitness

Dr. Ronny Jackson, the White House physician who last week declared President Donald Trump in "excellent health," provided more details of the President's medical exam during a briefing on Tuesday.

healthNews reuters.com

White House doctor says Trump in 'excellent' overall health

WASHINGTON (Reuters) - U.S. President Donald Trump had a normal score on a cognitive exam and is in excellent health, although he could benefit from a lower-fat diet and more exercise, the White House physician said on Tuesday.

companyNews reuters.com

U.S. lawmaker asks Intel, others for briefing on chip flaws

WASHINGTON, Jan 16 (Reuters) - A Democratic U.S. lawmaker asked Intel Corp and two other microchip makers on Tuesday to provide a briefing on the recently detected Spectre and Meltdown security flaws that could allow hackers to steal information from most computers and devices.

topNews reuters.com

U.S. withholds $65 million in Palestinian aid after Trump threat

WASHINGTON (Reuters) - The United States will give a U.N. agency $60 million in aid for Palestinians refugees but withhold a further $65 million for now, the State Department said on Tuesday, as the Trump administration carried out a threat it made two weeks ago to cut funding.

businessNews reuters.com

Wells Fargo loses bid to end Philadelphia predatory lending lawsuit

(Reuters) - A federal judge in Philadelphia on Tuesday rejected Wells Fargo & Co's bid to dismiss that city's lawsuit accusing the largest U.S. mortgage lender of predatory lending targeting black and Hispanic borrowers.

companyNews reuters.com

California-Trump administration fuel-efficiency talks intensify

DETROIT, Jan 16 (Reuters) - California and the Trump administration will hold a series of new talks over fuel efficiency rules as the auto industry still hopes for a deal to retain nationwide requirements.

businessNews reuters.com

Wall St. eases on lower oil prices

NEW YORK (Reuters) - Wall Street's major stock indexes pared gains in late afternoon trading on Tuesday as lower oil prices weighed on the energy sector.

entertainmentNews reuters.com

'The Fakeys': Comedians turn tables on Trump's 'fake news' awards

LOS ANGELES (Reuters) - Comedian Samantha Bee is campaigning for "Shrillest Reporting," late-night talk show host Stephen Colbert put up a billboard in New York's Times Square in a bid to win votes, and rival Jimmy Kimmel calls them "The Stupid People's Choice Awards."

Immigration and Emigration nytimes.com

Trump’s Harsh Words, Not His Plan for Wall, Dominate Hearing

The secretary of homeland security was quizzed repeatedly about the vulgar word, or words, said to have been uttered by the president describing African countries.

technologyNews reuters.com

Chinese carmaker Chery to use Nvidia's self-driving technology

(Reuters) - Nvidia Corp said on Tuesday China's Chery Automobile Co [CHERY.UL] would use its self-driving technology that it has developed with Baidu and ZF Friedrichshafen AG [ZFF.UL].

cnn.com

Trump administration will appeal DACA ruling to Supreme Court

The Trump administration said Tuesday it will ask the Supreme Court to review a federal judge's ruling from last week that blocked President Donald Trump's effort to end the Deferred Action for Childhood Arrivals program.

businessNews reuters.com

GE renews break-up talk after $11 billion insurance, tax hit

(Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

worldNews reuters.com

Aside from Trump limelight, Davos discreetly pushes peace talks

GENEVA (Reuters) - U.S. President Donald Trump will hog the limelight at the World Economic Forum (WEF) in Davos next week, but behind the scenes some of the world's leading diplomats will be working on some of humanity's knottiest conflicts.

cnn.com

Trump tweeted his black approval rating has doubled. It hasn't.

President Donald Trump bragged on Twitter that his approval rating with black Americans has doubled. It hasn't.

businessNews reuters.com

Health-conscious Nestle sells U.S. candy to Ferrero for $2.8 billion

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products.

politicsNews reuters.com

U.S. Homeland Security chief: did not hear Trump use vulgarity during meeting

WASHINGTON (Reuters) - U.S. Homeland Security Secretary Kirstjen Nielsen, under intense questioning from Democratic senators, said on Tuesday she did not hear President Donald Trump use a vulgarity to describe African countries during an impassioned White House meeting last week.

politicsNews reuters.com

Trump administration to appeal 'Dreamer' immigrant ruling

WASHINGTON (Reuters) - The U.S. Justice Department on Tuesday said it will ask the Supreme Court to overturn a lower court ruling last week that blocked President Donald Trump's move to end a program that protects hundreds of thousands of immigrants brought to the United States illegally as children.

Graham, Lindsey nytimes.com

Op-Ed Columnist: Donald Trump Will Soil You. Ask Lindsey Graham

There’s no honor or wisdom in cozying up to this president.

politicsNews reuters.com

Special counsel subpoenas former Trump aide Bannon: report

WASHINGTON (Reuters) - President Donald Trump's former chief strategist Steve Bannon has been subpoenaed by Special Counsel Robert Mueller to testify before a grand jury in a probe into alleged ties between Russia and Trump's 2016 presidential campaign, the New York Times reported on Tuesday.

businessNews reuters.com

Dow hits 26,000 for first time on earnings optimism

(Reuters) - The Dow Jones Industrial Average raced past the 26,000 mark for the first time on Tuesday as fourth-quarter earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.

businessNews reuters.com

Nestle sells U.S. candy business to Ferrero for $2.8 billion amid health push

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path toward healthier products.

companyNews reuters.com

UPDATE 1-Nestle sells U.S. candy business to Ferrero for $2.8 bln amid health push

LONDON/MILAN, Jan 16 (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products.

politicsNews reuters.com

Trump says he wants more immigrants from 'everywhere'

WASHINGTON (Reuters) - U.S. President Donald Trump, asked whether he wanted more immigrants from Norway, said on Tuesday that he wanted the United States to draw immigrants from nations around the world.

companyNews reuters.com

Greenlight's Einhorn bets on Brighthouse, makes money on GM

BOSTON, Jan 16 (Reuters) - Hedge fund manager David Einhorn told investors on Tuesday that he made several new bets, including a "large" one on Brighthouse Financial, late last year and that he made money on automaker General Motors but lost money on Amazon and Tesla .

politicsNews reuters.com

Trump on Twitter (Jan 16): Border Security, immigration, fake news

The following statements were posted to the verified Twitter accounts of U.S. President Donald Trump, @realDonaldTrump and @POTUS.

businessNews reuters.com

Britain investigates Carillion directors after collapse

LONDON/CAMBRIDGE, England (Reuters) - Britain ordered a fast-track inquiry into the role played by Carillion's directors in the failure of the construction and services group, as some of its thousands of small suppliers started to lay off workers on Tuesday.

politicsNews reuters.com

Security official says did not hear Trump say 'shithole' in immigration meeting

WASHINGTON (Reuters) - U.S. Homeland Security Secretary Kirstjen Nielsen said on Tuesday that she did not hear President Donald Trump use the word "shithole" during a meeting about immigration last week at the White House.

businessNews reuters.com

Nestle sells U.S. candy to Ferrero amid health push

LONDON/MILAN (Reuters) - Swiss food group Nestle agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, the first major sale from CEO Mark Schneider and a small step on its path towards healthier products.

politicsNews reuters.com

Ex-Trump adviser Bannon subpoenaed in special counsel Russia probe

WASHINGTON (Reuters) - Steve Bannon, a former top adviser to U.S. President Donald Trump, has been subpoenaed to testify before a grand jury as part of a special counsel's probe into alleged Russian meddling in the 2016 U.S. presidential election, the New York Times reported on Tuesday.

cnn.com

Opinion: Pros/cons if Trump talks to Mueller

The Washington Post reported last week that special counsel Robert Mueller has told President Donald Trump's legal team that his office will likely seek an interview with the President. Trump indicated he might be willing to be interviewed by Mueller's team, but more recently, he said, "We'll see what happens."

cnn.com

Durbin: Some GOP senators wrong on Trump comments

Sen. Dick Durbin (D-IL) asserted that President Donald Trump called certain African nations "shithole countries" during a bipartisan meeting on immigration reform at the White House last week, despite evolving explanations from some Republicans.

politicsNews reuters.com

U.S. judge delays setting trial date for Trump ex-aide Manafort

WASHINGTON (Reuters) - A federal judge on Tuesday delayed setting a trial date for President Donald Trump's former campaign manager Paul Manafort, who faces charges stemming from the special counsel's probe of allegations of Russian interference in the U.S. presidential election.

businessNews reuters.com

Equities advance as Dow tops 26,000, dollar steadies

NEW YORK (Reuters) - World stock markets advanced on Tuesday, with investors on Wall Street pushing the Dow index past the 26,000 threshold, while the U.S. dollar strengthened after four days of declines.

cnn.com

Senator says Trump definitely used 'shithole' to describe African nations, despite evolving explanations

Sen. Dick Durbin asserted Tuesday that President Donald Trump called certain African nations "shithole countries" during a bipartisan meeting on immigration reform at the White House last week, despite evolving explanations from some Republicans.

businessNews reuters.com

Dow briefly tops 26,000 mark

(Reuters) - The Dow eased slightly after hitting the 26,000 mark for the first time on Tuesday, as earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.

businessNews reuters.com

Citigroup reports $18 billion loss on one-time tax items

(Reuters) - Citigroup Inc posted an $18-billion quarterly loss on Tuesday because of charges related to a new U.S. tax law, but its adjusted earnings beat Wall Street expectations and management signaled that the bank may soon lift financial performance targets.

businessNews reuters.com

GE renews break-up talk as it discloses $11 billion fourth quarter hit

(Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

cnn.com

DHS chief denies hearing Trump's 'shithole' remark

Homeland Security Secretary Kirstjen Nielsen told senators Tuesday she "did not hear" President Donald Trump say the specific word "shithole" during a meeting with lawmakers last week that she attended.

businessNews reuters.com

German strikes spread to Daimler, union mulls escalation

BERLIN/FRANKFURT (Reuters) - Tens of thousands of German industrial workers downed tools on Tuesday in support of trade union IG Metall's demands for a 6 percent pay rise and a right to the first new cut in weekly working hours since the 1980s.

politicsNews reuters.com

U.S. top court rejects former New York lawmaker Silver's appeal

(Reuters) - The U.S. Supreme Court on Tuesday rejected former New York state Assembly Speaker Sheldon Silver's bid to avoid a retrial on corruption charges after his 2015 conviction was thrown out by a lower court.

Hudson, J Clifford nytimes.com

The Delicate Dance of a Progressive C.E.O. in the Trump Era

J. Clifford Hudson is a Democrat who values diversity at his company, Sonic Drive-In. But he knows that some of his franchise owners and their customers may not share his views.

businessNews reuters.com

GE to take $6.2 billion hit from insurance portfolio

(Reuters) - General Electric Co will take a $6.2 billion charge in its fourth quarter results for a more than decade-old insurance portfolio covering long-term healthcare costs, the company said on Tuesday.

businessNews reuters.com

Dow breaches 26,000 mark on robust earnings reports

(Reuters) - Wall Street's main indexes rose sharply on Tuesday, with the Dow hitting the 26,000 mark for the first time, as the fourth-quarter earnings season kicked into high gear.

businessNews reuters.com

Dow hits 26,000 for first time

(Reuters) - The Dow Jones Industrial Average touched the 26,000-mark for the first time on Tuesday and other Wall Street indexes climbed as strong earnings from UnitedHealth and Citigroup helped lift the sentiment.

worldNews reuters.com

Syrian opposition calls on Trump and EU to put pressure on Russia and Iran

LONDON (Reuters) - U.S. President Donald Trump and European Union leaders should increase the pressure on President Bashar al-Assad and his allies Russia and Iran to return to talks to end Syria's civil war, Syria's chief opposition negotiator said on Monday.

politicsNews reuters.com

Factbox: Trump on Twitter (Jan 16) - Border security, immigration

The following statements were posted to the verified Twitter accounts of U.S. President Donald Trump, @realDonaldTrump and @POTUS.

businessNews reuters.com

Shares stay on record run as metals skid

LONDON (Reuters) - Asia and Europe's big bourses kept world shares on their record-breaking run on Tuesday, although a steadier dollar halted the sizzling start to the year for the euro, yen and yuan and sent metals markets skidding.

cnn.com

WaPo: John Kelly told Trump DACA deal 'not good'

The Washington Post's Josh Dawsey shares his reporting with CNN's Alisyn Camerota on White House Chief of Staff John Kelly telling President Trump that a bipartisan DACA deal was "not good" for him.

businessNews reuters.com

Some 10,000 Daimler employees strike in push for higher wages

BERLIN (Reuters) - Some 10,000 workers at German carmaker Daimler AG walked off their shifts for an hour on Tuesday as they sought to persuade employers to give engineering workers around Germany more pay and a shorter working week.

cnn.com

Trump doesn't deny he used 'strong language,' WH says

businessNews reuters.com

GM sees flat 2018 earnings, with pickups picking up in 2019

DETROIT (Reuters) - General Motors Co said on Tuesday it expects earnings in 2018 to be largely flat compared with 2017, but that profits should pick up pace in 2019 as its revamped line of high-margin pickup trucks hits the U.S. market.

businessNews reuters.com

Citi profit tops estimates; books $22 billion tax charge

(Reuters) - Citigroup Inc on Tuesday reported quarterly profit that topped Wall Street expectations as consumer businesses made up for lower revenue from bond and currency trading.

worldNews reuters.com

Syrian opposition calls on Trump and EU to up pressure on Russia and Iran

LONDON (Reuters) - Syria's chief opposition negotiator called on U.S. President Donald Trump and European Union leaders to increase pressure on President Bashar al-Assad, Russia and Iran to return to talks aimed at ending the six-year civil war.

politicsNews reuters.com

Ex-Trump chief strategist Bannon to meet with House panel on Russia

WASHINGTON (Reuters) - President Donald Trump's former chief strategist Steve Bannon will meet behind closed doors on Tuesday with a U.S. House of Representatives committee that is probing whether Russia meddled in the 2016 presidential election.

businessNews reuters.com

Dow on track to top 26,000 at open

(Reuters) - Futures on the Dow Jones Industrial Average surged more than 200 points on Tuesday, indicating that the blue-chip index could open above 26,000 for the first time, supported by strong earnings from UnitedHealth.

cnn.com

Trump's slow-burn trade agenda is poised to heat up

It took President Donald Trump just two and a half days to make good on his promise to pull the US from the Trans-Pacific Partnership, the behemoth free trade agreement negotiated by his predecessor.

businessNews reuters.com

GE to take $6.2 billion charge in its finance arm

(Reuters) - General Electric Co will record an after-tax charge of $6.2 billion in its fourth quarter results as part of an ongoing review of its finance arm's insurance portfolio, the company said.

businessNews reuters.com

French carmaker PSA's sales lifted by growth in Iran and Latin America

PARIS (Reuters) - French carmaker PSA's global sales jumped by 15 percent last year as strong growth in Iran and Latin America helped to offset difficulties in Britain and China.

businessNews reuters.com

Maersk, IBM to launch blockchain-based platform for global trade

COPENHAGEN (Reuters) - The world's largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to create an industry-wide trading platform it says can speed up trade and save billions of dollars.

cnn.com

Pastor blasts Trump in front of Pence

With Vice President Pence sitting in the front pew, Rev. Maurice Watson called out President Trump's vulgar comments on Haiti and African countries during his sermon.

cnn.com

Analysis: Why Trump voters need the immigrants they want to turn away

The irony in President Donald Trump's hostility to immigration, expressed again in reports of his vulgar comments about Africa and Haiti last week, is that in appealing to the racial and cultural resentments of his political base he is directly threatening their economic interests.

cnn.com

Dems were already open to funding parts of Trump's border wall to save Dreamers, but the GOP wants more

politicsNews reuters.com

Ex-Trump chief strategist Bannon meets with House panel on Russia

WASHINGTON (Reuters) - President Donald Trump's former chief strategist Steve Bannon will meet behind closed doors on Tuesday with a U.S. House of Representatives committee that is probing whether Russia meddled in the 2016 presidential election.

businessNews reuters.com

Exclusive: Saudi Aramco snubs UBS and Bank of America for listing roles - sources

LONDON (Reuters) - Saudi Aramco has not invited UBS and Bank of America Merrill Lynch to pitch for senior advisory roles in its stock market listing because they have not lent money to the state oil giant in recent years, according to five finance sources.

businessNews reuters.com

Bitcoin slides 18 percent on crackdown fears; crypto rivals also plunge

LONDON (Reuters) - Bitcoin tumbled 18 percent on Tuesday to a four-week trough close to $11,000, after reports that a ban on trading of cryptocurrencies in South Korea was still an option drove fears grew of a wider regulatory crackdown.

businessNews reuters.com

Shares stay on record run, metals suffer meltdown

LONDON (Reuters) - Asia and Europe's big bourses kept world shares on their record-breaking run on Tuesday, though a steadier dollar halted the sizzling start to the year for the euro, yen and yuan and sent metals markets sprawling.

Colbert, Stephen nytimes.com

Best of Late Night: Stephen Colbert Hammers Trump for His Vulgarity (Again)

President Trump disparaged Haiti and some African countries in a meeting last week, and late-night hosts won’t let him forget it.

businessNews reuters.com

Bitcoin slides 14 percent on crackdown fears, hits four-week low

LONDON (Reuters) - Bitcoin slid as much as 14 percent on Tuesday to hit a four-week low below $12,000, as fears grew of a regulatory crackdown after reports that South Korea's finance minister had said banning trading in cryptocurrencies was still an option.

sportsNews reuters.com

German Kuske keen to make up for Sochi bobsleigh 'debacle'

(Reuters) - Germany's Kevin Kuske wanted to bring his bobsleigh career to an end after their 'debacle' at the 2014 Sochi Games but after a change of heart the four-time Olympic champion is ready to push for another shot at glory in Pyeongchang next month.

sportsNews reuters.com

Tennis: My brother still makes fun of me, says Zverev

MELBOURNE (Reuters) - Alexander Zverev can no longer hope to fly under the grand slam radar following a brilliant 2017 season but the hype has done little to change things on the home front, the 20-year-old wunderkind insists.

businessNews reuters.com

Asian shares hit record high, euro near three-year top

TOKYO (Reuters) - Asian shares erased early modest losses and pushed to a fresh record high, while the euro remained within sight of a 3-year peak on rising expectations that the European Central Bank could pare its monetary stimulus.

businessNews reuters.com

U.S. oil industry set to break record, upend global trade

HOUSTON (Reuters) - Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago.

businessNews reuters.com

Exclusive: U.S. lawmakers urge AT&T to cut commercial ties with Huawei - sources

WASHINGTON (Reuters) - U.S. lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut all commercial ties to Chinese phone maker Huawei Technologies Co Ltd [HWT.UL] and oppose plans by telecom operator China Mobile Ltd to enter the U.S. market because of national security concerns, said two congressional aides.

cnn.com

Don Lemon spars with MLK Jr.'s nephew over Trump's remarks

CNN's Don Lemon gets into a heated panel discussion with Isaac Newton Farris Jr., Martin Luther King Jr.'s nephew, over President Trump's recent comments on immigration.

cnn.com

Trump's first year finds friends and foes

President Donald Trump has welcomed dozens of his counterparts to the White House since he entered office a year ago and has visited 13 countries himself, each time deepening ties to the club of world leaders he's now joined.

businessNews reuters.com

PBOC official says China's centralized virtual currency trade needs to end: source

BEIJING (Reuters) - A senior Chinese central banker says authorities should ban centralized trading of virtual currencies as well as individuals and businesses that provide related services, an internal memo from a government meeting seen by Reuters showed.

cnn.com

Report: Trump fueling global assault on democracy

President Donald Trump often claims that he has achieved unprecedented levels of success during his first year in office but a damning assessment from one non-partisan group warns that the administration's attacks on the press and brash foreign policy approach have intensified the ongoing global assault on democracy.

cnn.com

Martin Luther King III: Trump's vulgar comments are 'extremely racist'

On the 50th anniversary of his father's assassination, Martin Luther King III said Monday that he believes President Donald Trump's vulgar and demeaning language to describe immigrants from Africa were "extremely racist."

cnn.com

See ex-Obama staffer's emotional reaction to Trump

Gary Lee, a former Obama administration staffer, responded to Trump's exchange with an intelligence analyst where he reportedly asked the woman where her "people" were from.

politicsNews reuters.com

Foreign governments, candidates, trade groups spent at Trump properties: report

WASHINGTON (Reuters) - Sixty-four trade groups, foreign governments, Republican candidates and others stayed at or held events at properties linked to U.S. President Donald Trump during Trump's first year in office, a political watchdog group said in a report released on Tuesday.

businessNews reuters.com

Two Singapore Airbnb hosts to plead guilty to illegal letting charges: lawyer

SINGAPORE (Reuters) - Two Airbnb hosts charged in Singapore with unauthorized short-term letting of four apartments are expected to plead guilty next month, their lawyer said on Tuesday.

businessNews reuters.com

Asian shares shrug off losses, euro near three-year top

TOKYO (Reuters) - Asian shares pushed higher on Tuesday, erasing early modest losses while the euro stood near a 3-year peak on rising expectations that the European Central Bank could pare its monetary stimulus.

sportsNews reuters.com

Tennis: Aggressive Konta makes light work of Brengle

MELBOURNE (Reuters) - Ninth seed Johanna Konta skipped past Madison Brengle into the second round of the Australian Open on Tuesday, the Briton overpowering her American opponent 6-3 6-1 in 66 minutes on Hisense Arena.

United States Politics and Government nytimes.com

As Shutdown Talk Rises, Trump’s Immigration Words Pose Risks for Both Parties

The fight over President Trump’s vulgar comment is exposing divisions in both parties, raising the risk of a government shutdown with unknown political consequences.

Automobiles nytimes.com

Chinese Carmaker May Use Fiat Chrysler for Foothold in United States

GAC Motor said it planned to bring an S.U.V. to the United States in 2019. It may use Fiat Chrysler dealerships hungry for new models.

businessNews reuters.com

Asian shares slip as iron ore softens, euro near three-year top

TOKYO (Reuters) - Asian shares slumped on Tuesday, as miners were pressured by weaker Chinese iron ore prices, while the euro stood near a 3-year peak on rising expectations that the European Central Bank could pare its monetary stimulus.

Banking and Financial Institutions nytimes.com

Democrats Add Momentum to G.O.P. Push to Loosen Banking Rules

The Senate is poised to approve significant changes to the post-crisis financial law. Some moderate Democrats are supporting the effort, even as their progressive colleagues warn that it’s too risky.

cnn.com

Jon Berman compares Trump's defense to Nixon

CNN's John Berman compares President Trump's "I am not a racist" comment to denials of US Presidents Richard Nixon and Bill Clinton.

businessNews reuters.com

Germany's Continental hires JP Morgan for potential break-up: sources

FRANKFURT/LONDON (Reuters) - Germany's Continental AG has hired JP Morgan to advise on a possible break-up, sources told Reuters, as the auto parts maker repositions for a market focused on electric and self-driving vehicles.

United States Politics and Government nytimes.com

Two of Martin Luther King Jr.’s Children Speak Out Against Trump

In Atlanta and in Washington, the children of the Rev. Dr. Martin Luther King Jr. criticized President Trump for his language about people from some countries.

businessNews reuters.com

China consumer group seeks answers from Apple about slowing iPhones

SHANGHAI (Reuters) - A Chinese consumer group has asked Apple for information about the slowing of older iPhones after operating system updates, demanding a reply before Friday, state news agency Xinhua reported.

cnn.com

A timeline of Trump's actions during the Hawaii false alarm

As Hawaiians catch their breath following the jarring missile alert mishap over the weekend, scrutiny has reached the White House and how it grappled with the mistaken alarm.

nytimes.com

Donald Trump, North Korea, Martin Luther King Jr.: Your Evening Briefing

Here’s what you need to know at the end of the day.

sportsNews reuters.com

LeBron James says Trump has emboldened racists in the U.S.

(Note language that may offend some readers in fourth paragraph)

cnn.com

Trump says Durbin misrepresented his comments

President Donald Trump on Monday claimed Illinois Democratic Sen. Dick Durbin "totally misrepresented" comments during an Oval Office meeting last week, where sources said Trump used vulgar and demeaning language to describe immigrants from Africa.

Trump, Donald J nytimes.com

Trump Comments, Infuriating Africans, May Set Back U.S. Interests

Experts fear that the president’s about remarks “shithole countries” could set back United States interests in the world’s fastest-growing continent.

cnn.com

Democrats, don't let Trump's bad words kill DACA deal

Shithole. Shithouse. WTF does it matter?

companyNews reuters.com

CANADA STOCKS-Gold miners and pot stocks push TSX higher

TORONTO, Jan 15 (Reuters) - Canada's main stock index gained on Monday, boosted by a bounce-back in shares of cannabis producers and sharp gains for gold miners as bullion prices hit a four-month high.

companyNews reuters.com

Global carmakers to invest at least $90 billion in electric vehicles

DETROIT, Jan 15 (Reuters) - Ford Motor Co's plan to double its electrified vehicle spending is part of an investment tsunami in batteries and electric cars by global automakers that now totals $90 billion and is still growing, a Reuters analysis shows.

politicsNews reuters.com

Trump blames Senator Durbin for blowing immigration deal

WASHINGTON (Reuters) - U.S. President Donald Trump on Monday blamed Senator Dick Durbin for blowing up talks over a deal to help immigrants brought to the country illegally as children and said the Democratic lawmaker misrepresented his comments about Haiti and African countries.

cnn.com

Trump often says he's 'the least racist person'

Donald Trump has a go-to answer when he is confronted with charges of racism.

businessNews reuters.com

Major automakers urge Trump administration: don't ditch NAFTA

DETROIT (Reuters) - Global automakers on Monday urged the Trump administration not to terminate the North American Free Trade Agreement and expressed hope the United States, Canada and Mexico can successfully conclude a modernized and improved trade pact.

cnn.com

Flake: GOP should stand up to Trump's Stalin-like attacks on media

GOP Sen. Jeff Flake of Arizona plans to deliver a speech comparing President Donald Trump's attacks on the press as reminiscent of Joseph Stalin, and said Monday that his colleagues should join him in speaking out.

topNews reuters.com

Trump says Durbin 'totally misrepresented' comments

WASHINGTON (Reuters) - U.S. President Donald Trump on Monday said Democratic Senator Dick Durbin "totally misrepresented" what was said at a White House meeting on immigration on Thursday, and was hurting efforts to strike a deal to protect so-called Dreamer immigrants.

businessNews reuters.com

Fiat Chrysler CEO says no plans to sell brands to Chinese

DETROIT (Reuters) - Fiat Chrysler Automobiles NV's (FCA) has no intention of breaking up the company or selling individual brands to China or other parties, the company's chief executive said on Monday, adding that the group was counting on its coveted Jeep brand to drive future profits.

cnn.com

Trump's first year on the international stage

Highs and lows from President Trump's first year of interactions with foreign leaders.

businessNews reuters.com

Oil hovers near three-year high despite rising U.S. output

CALGARY, Alberta (Reuters) - Oil hovered near a three-year high above $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, although analysts warned of a "red flag" due to surging U.S. production.

cnn.com

Fact-checking Trump's lottery comments

CNN's Jake Tapper looks at claims President Trump has made a few times about the Diversity Immigrant Visa Program. Read more at FactCheck.org

businessNews reuters.com

Lawsuit in U.S. accuses nine banks of rigging Canadian rate benchmark

NEW YORK/TORONTO (Reuters) - Nine large banks, including six from Canada, have been accused in a lawsuit of conspiring to rig a Canadian rate benchmark to improve profits from derivatives trading.

businessNews reuters.com

Fiat Chrysler boss says no plans to break up company

DETROIT (Reuters) - Fiat Chrysler Automobiles NV's CEO has no intention of breaking up the company or selling off individual brands to China or any other parties, he said on Monday, adding the group was counting on its coveted Jeep brand to drive profit.

businessNews reuters.com

Bidder for the Weinstein Company says bankruptcy may be best option

(Reuters) - Killer Content Inc, the movie producer that has partnered with philanthropist Abigail Disney in a consortium vying to acquire the Weinstein Company, said on Monday that a bankruptcy may be the best way forward for the U.S. film and TV studio.

topNews reuters.com

Trump thanks Qatar for efforts to combat terrorism

WASHINGTON (Reuters) - U.S. President Donald Trump on Monday thanked the ruler of Qatar for "action to counter terrorism and extremism in all forms," the White House said in a statement that suggested a warming of ties between the two countries.

businessNews reuters.com

Game of chicken: GM bets on Mexican-made pickup trucks

SILAO, Mexico/DETROIT (Reuters) - General Motors Co's assembly plant in Silao, a city in Mexico's automotive heartland, cranked out more than 400,000 highly profitable, large pickup trucks last year, and is critical to the launch of a new generation of Chevrolet Silverado trucks later this year.

cnn.com

Trump spends MLK Jr. Day golfing

President Donald Trump appears poised to ignore his own calls for Americans to mark Martin Luther King Jr. Day with "acts of civic work and community service."

businessNews reuters.com

Ryanair wants to buy parts of Austrian airline Niki

VIENNA (Reuters) - Irish airline Ryanair said on Monday it had contacted the Austrian administrator of insolvent holiday airline Niki to express its interest in buying some of its assets.

businessNews reuters.com

Oil hovers around $70, clouded by rise in U.S. output

CALGARY, Alberta (Reuters) - Oil hovered near a three-year high above $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, although analysts warned of "red flags" due to surging U.S. production.

businessNews reuters.com

U.S. automakers bet on diesel trucks after VW scandal

DETROIT (Reuters) - U.S. automakers are unveiling new diesel pickup trucks even as diesel sales have fallen sharply since Volkswagen AG's 2015 diesel emissions scandal.

cnn.com

Victims of ex-Team USA Gymnastics doctor finally get their days in court

One by one, the young women will step up in court, just feet away from their abuser. And they will deliver the message that so many have repeated.

businessNews reuters.com

Citi to raise pay for women and minorities in U.S., UK, Germany

(Reuters) - Citigroup Inc will increase compensation for women and minorities to bridge pay gaps in the United States, the United Kingdom and Germany, as part of its annual pay process this year, the Wall Street bank said on Monday.

cnn.com

Analysis: What Trump's boast that he's the least racist person says about him

Imagine a friend of yours came to town for the long Martin Luther King Jr. Day weekend. He stayed with you at your apartment and over the course of watching football, going out to eat and just loafing around, he said the following things:

cnn.com

Ivana Trump: Donald not racist at all

Ivana Trump defended her ex-husband President Trump against claims that he's a racist during an interview on "Good Morning Britain."

businessNews reuters.com

Carillion collapse hits banks and investors, boosts short sellers

LONDON (Reuters) - Leading British lenders including Barclays, the Royal Bank of Scotland and Lloyds Banking Group face the prospect of hundreds of millions of pounds in outstanding loans going unpaid from Carillion's collapse on Monday.

businessNews reuters.com

Britain's Carillion collapses after banks pull the plug

LONDON (Reuters) - Carillion collapsed on Monday when its banks pulled the plug, triggering Britain's biggest corporate failure in a decade and forcing the government to step in to guarantee public services from school meals to road works.

businessNews reuters.com

America Last? EU says Trump is losing on trade

BRUSSELS (Reuters) - The European Union's trade tsar has no idea what Donald Trump will tell his audience at the World Economic Forum in Davos next week, but she is clear what the EU's message to the U.S. president will be.

cnn.com

Romney: Trump's comments 'antithetical to American values'

Mitt Romney took a swipe at President Donald Trump on Martin Luther King Jr. Day, condemning his "shithole countries" remark.

healthNews reuters.com

Drugmaker Dermapharm gears up for likely first German IPO of 2018

FRANKFURT (Reuters) - German drugmaker Dermapharm is preparing for an initial public offering (IPO), probably stealing a march on much larger Siemens' healthcare unit Healthineers as the first stock market flotation in Germany this year.

cnn.com

Trump's sentiment toward nations populated by people of color is much more important than his word choice

The last three days have been consumed by this debate: Did President Donald Trump refer to several foreign countries as "shitholes" or not?

cnn.com

Dear President Trump: Churchill would have been a climate leader

There could be no starker illustration of the profound differences that exist between Washington and London -- despite alignment on many other issues -- than comments this week by our two leaders on climate change and the environment.

worldNews reuters.com

U.S. diplomat has talks Pakistan amid tension over Trump 'deceit' tweet

ISLAMABAD (Reuters) - A senior U.S. diplomat had talks in Pakistan on Monday following an outcry over President Donald Trump's accusation that the nuclear-armed South Asian state had engaged in "lies and deceit" as a U.S. ally in the war in neighboring Afghanistan.

businessNews reuters.com

UK government seeks to limit damage after Carillion collapses

LONDON (Reuters) - Britain's Carillion collapsed on Monday after its banks lost faith in the construction and services company, forcing the government to step in to guarantee major public works contracts.

businessNews reuters.com

Airbus wins 2017 order race after last-gasp sales spree

PARIS (Reuters) - Frenetic selling in the closing weeks of 2017 saw Airbus overhaul Boeing's recent lead in the global jet market to win their annual order contest for a fifth year in a row, though doubts remain over the future of its flagship A380.

cnn.com

Rep. Meeks: What Trump is doing is 'diabolical'

The leader of the Congressional Black Caucus Rep. Gregory Meeks (NY-D) says that President Trump telling reporters that he is not a racist is "a joke."

businessNews reuters.com

BMW optimistic on favorable outcome to NAFTA talks

FRANKFURT (Reuters) - BMW is optimistic Washington's drive to renegotiate the North American Free Trade Agreement (NAFTA) will result in a deal that benefits the German carmaker, it said on Monday.

businessNews reuters.com

German carmakers eye further U.S. market share gains in 2018: VDA

DETROIT (Reuters) - German automakers expect to continue to grow market share in the United States this year thanks to a raft of new models, even as demand in the world's second largest car market is seen falling again slightly, Germany's VDA industry lobby said.

worldNews reuters.com

Israel's Netanyahu pushes for India free trade deal during rare visit

NEW DELHI (Reuters) - India and Israel will begin work on a free trade pact that Israel has been pushing for, officials said on Monday, as Benjamin Netanyahu began a first visit by an Israeli prime minister in 15 years.

cnn.com

Rev. Sharpton: I don't doubt Trump said it

Rev. Al Sharpton said his past meetings with President Trump have been "more profane than profound," adding that he doesn't doubt Trump said the "shithole countries" remarks.

businessNews reuters.com

Investors see few silver linings in Carillion collapse

LONDON (Reuters) - Investors struggled to find buying opportunities after the collapse of British construction and support services company Carillion on Monday, underscoring how risks have piled up for the whole industry.

businessNews reuters.com

HNA wins loan deadline extension to proceed with Hong Kong property project

HONG KONG (Reuters) - Chinese conglomerate HNA Group's [HNAIR.UL] Hong Kong International Investment unit has negotiated a six-month deadline extension for a loan linked to a land parcel in Hong Kong as its parent contends with growing debt challenges.

companyNews reuters.com

German carmakers eye further U.S. market share gains in 2018-VDA

DETROIT, Jan 15 (Reuters) - German automakers expect to continue to grow market share in the United States this year thanks to a raft of new models, even as demand in the world's second largest car market is seen falling again slightly, Germany's VDA industry lobby said.

cnn.com

Ivana Trump says the US President is 'definitely not racist'

US President Donald Trump may occasionally say "silly" things but he's "definitely not racist," his first wife Ivana Trump said Monday.

cnn.com

WaPo: President Trump averages 5-6 false claims a day

In a recent analysis, The Washington Post reported that President Trump has made over 2,000 false claims before the end of his first full year in office.

cnn.com

Hear the conflicting accounts on Trump meeting comments

CNN's Kaitlan Collins reports on the conflicting accounts from the lawmakers who attended the White House immigration reform meeting where President Trump reportedly referred to some African nations as "shithole countries."

businessNews reuters.com

Lloyd's of London to open Brussels unit in early 2019: CEO

HONG KONG (Reuters) - Insurance market Lloyd's of London [SOLYD.UL], an integral part of the British business scene since the 17th century, is on track to start operations at its Brussels unit next January, its chief executive said on Monday.

Race and Ethnicity nytimes.com

The Stone: Will America Choose King’s Dream or Trump’s Nightmare?

Our greatest civil rights leader was clear: Those who remain silent will also stand accused.

businessNews reuters.com

Legendary U.S. investor Boone Pickens closes energy hedge fund after setbacks

(Paragraph 6 of this JAN. 12 story has been corrected after HSBC said the Andurand Commodities Fund gained 2.2 pct in 2017, instead of losing 4.47 pct)

businessNews reuters.com

Noble Group nets less than expected from oil unit sale to Vitol

LONDON (Reuters) - Struggling commodities trader Noble Group has completed the sale of its U.S.-focused oil business to the world's largest oil trader Vitol, but net proceeds from the deal are lower than a previously announced estimate, the company said on Monday.

businessNews reuters.com

Oil hovers below $70 highs, clouded by rise in U.S. output

LONDON (Reuters) - Oil hovered below a three-year high near $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, but analysts warned of "red flags" due to surging U.S. production.

companyNews reuters.com

UPDATE 1-Toymaker Lego teams up with Chinese internet giant Tencent

BEIJING/COPENHAGEN, Jan 15 (Reuters) - Danish toymaker Lego is teaming up with Chinese internet giant Tencent Holdings Ltd to jointly develop online games and potentially a social network aimed at Chinese children.

businessNews reuters.com

Euro hits three-year high as Europe leads global optimism

LONDON (Reuters) - The euro hit a fresh three-year high on Monday as optimism around growth buoys expectations of tighter policy from central banks, while the chance of a pro-European coalition in Germany also boosted confidence in the continent.

businessNews reuters.com

Airbus aims to seize jet production crown from Boeing in 2020

PARIS (Reuters) - Airbus is three years away from recovering leadership of the commercial aircraft market by outproducing U.S. rival Boeing , its top planemaker predicted on Monday.

businessNews reuters.com

Exclusive: China's JD.com targets $2 billion fundraising at logistics unit - sources

HONG KONG (Reuters) - China's second-biggest e-commerce firm JD.com has kicked off a fundraising round at its logistics unit with a target of at least $2 billion, and eventually plans to list the business overseas, people with direct knowledge of the matter said.

cnn.com

South Africa to formally protest Trump's remarks

South Africa will issue a diplomatic protest to the United States Monday over US President Donald Trump's "shithole countries" comments, according to its foreign ministry.

businessNews reuters.com

Britain's Carillion collapses, forcing government to step in

LONDON (Reuters) - Britain's Carillion collapsed on Monday after its banks lost faith in the construction and services company, throwing hundreds of major projects into doubt and forcing the government to step in to guarantee vital public services.

businessNews reuters.com

European shares pause for breath; Carillion rivals gain

LONDON (Reuters) - European stocks got off to a sluggish start on Monday following two weeks of gains, with cyclical stocks among the biggest decliners, while M&A remained in focus.

businessNews reuters.com

Toymaker Lego teams up with Chinese internet giant Tencent

COPENHAGEN (Reuters) - Danish toymaker Lego is teaming up with Chinese internet giant Tencent Holdings Ltd to jointly develop online games and potentially a social network aimed at Chinese children.

businessNews reuters.com

HNA's problems mount as airlines delay payments, bank sets up team to handle debt: sources

SHANGHAI/SINGAPORE (Reuters) - Some airlines affiliated with China's HNA Group Co Ltd are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financer of the group, has formed a team to handle the conglomerate's liquidity issues, several banking and leasing sources said.

companyNews reuters.com

RPT-INSIGHT-China's COFCO makes painful cuts in drive to lead global food trade

LONDON/PARIS/BEIJING, Jan 12 (Reuters) - China's COFCO International is in the throes of a staffing upheaval as the group pursues its professed ambition of sitting at the top table of global agricultural traders.

businessNews reuters.com

Brent crude oil rises to $70 on output cuts, ignores North America rig gains

SINGAPORE (Reuters) - Brent crude oil prices rose to $70 a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in U.S. and Canadian drilling activity that points to higher future output in North America.

nytimes.com

Europe Edition: Mahmoud Abbas, Donald Trump, Tunisia: Your Monday Briefing

Here’s what you need to know to start your day.

businessNews reuters.com

SoftBank considers IPO for Japan wireless unit, said to seek $18 billion

TOKYO (Reuters) - SoftBank Group Corp said on Monday it was considering listing its Japanese wireless business, seeking to raise a reported $18 billion in a move that would accelerate the conglomerate's transformation into one of the world's biggest tech investors.

businessNews reuters.com

Ford plans $11 billion investment, 40 electrified vehicles by 2022

DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

businessNews reuters.com

Oil near three-year highs on output cuts despite rising North American rig count

SINGAPORE (Reuters) - Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite a rise in U.S. and Canadian drilling activity that points to higher future output in North America.

politicsNews reuters.com

Factbox: Trump on Twitter (Jan 14) - WSJ interview, DACA, tax cuts

The following statements were posted to the verified Twitter accounts of U.S. President Donald Trump, @realDonaldTrump and @POTUS.

businessNews reuters.com

Singapore central bank head hopes cryptocurrency tech will survive 'crash'

SINGAPORE (Reuters) - The head of Singapore's central bank said on Monday he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash in the digital money.

cnn.com

Chuck Hagel: Trump 'an embarrassment'

Former Defense Secretary Chuck Hagel called President Donald Trump "an embarrassment" and said he "is doing great damage to our country internationally" in a newspaper interview Saturday.

Trump, Donald J nytimes.com

‘I’m Not a Racist,’ Trump Says in Denying Vulgar Comment

“I’m not a racist. I’m the least racist person you will ever interview, that I can tell you,” President Trump said in Florida.

businessNews reuters.com

Asia shares hit historic highs, dollar slips anew

SYDNEY (Reuters) - Asian shares hit historic highs on Monday after Wall Street extended its record-breaking run, while the U.S. dollar retreat continued as investors priced in the risk of tighter policies elsewhere in the developed world.

politicsNews reuters.com

Trump says 'I'm not a racist,' keeps door open for DACA deal

WEST PALM BEACH, Fla. (Reuters) - U.S. President Donald Trump insisted on Sunday "I'm not a racist" in response to reports that he had described immigrants from Haiti and African countries as coming from "shithole countries."

businessNews reuters.com

SoftBank plans $18 billion IPO of mobile phone unit: Nikkei

TOKYO (Reuters) - SoftBank Group plans to list its mobile phone business and raise some US$18bn, the Nikkei newspaper has said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.

cnn.com

Trump: I don't know if there will be a shutdown

President Donald Trump defended himself Sunday night after several days of controversy over his remarks about African countries, telling reporters, "I am not a racist."

Race and Ethnicity nytimes.com

Op-Ed Columnist: Trump Is a Racist. Period.

We must stop debating an obvious point and decide what to do about it.

Blacks nytimes.com

In Trump’s Remarks, Black Churches See a Nation Backsliding

On the day before Martin Luther King’s Birthday, churchgoers said President Trump’s denigration of immigrants was one more turn toward an uglier past in America.

technologyNews reuters.com

South Korea says planned ban on cryptocurrency market not yet finalized

SEOUL (Reuters) - South Korea said on Monday that its plans to ban virtual coin exchanges had not yet been finalized as government agencies were still in talks to decide how to regulate the market.

politicsNews reuters.com

Trump says 'I'm not a racist,' willing to reach deal on DACA

WEST PALM BEACH, Fla. (Reuters) - U.S. President Donald Trump said on Sunday that he is "not a racist" despite reports of his derogatory comments about immigrants from Haiti and Africa, adding that he was "ready, willing and able" to reach a deal to protect immigrants brought to the United States as children.

businessNews reuters.com

VW to spend more than $3.3 billion through 2020 on U.S. model expansion

DETROIT (Reuters) - Volkswagen plans to spend more than $3.3 billion on development and production of new models in North America from 2018 to 2020 as the German group reboots operations in the world's second-largest auto market.