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PersonalFinance reuters.com

Factbox: Big U.S. banks' fourth-quarter results muddied by new tax law

(Reuters) - Morgan Stanley reported quarterly results on Thursday, rounding off an earnings season for big U.S. banks marked by across-the-board hit to profits from the U.S. tax overhaul.

domesticNews reuters.com

California parents starved 13 children, taunted them with pie: prosecutor

RIVERSIDE, Calif. (Reuters) - The California parents accused of imprisoning their 13 children in the family's squalid home beat, starved and chained them to their beds for years, taunting them with apple pie, according to a prosecutor on Thursday who called it a case of "human depravity."

domesticNews reuters.com

U.S. marshal killed in Pennsylvania while arresting suspect

HARRISBURG, Pa. (Reuters) - A deputy U.S. marshal helping police to arrest a woman in a Harrisburg home was shot and killed on Thursday by a man who was with her, federal officials said.

businessNews reuters.com

Uber-SoftBank deal has closed, making SoftBank largest shareholder

SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

domesticNews reuters.com

Empty prisons, grounded warplanes: U.S. budget dysfunction hits home

WASHINGTON (Reuters) - Three hours west of Chicago, a federal prison stands ready to take in thousands of inmates and hire hundreds of guards, but its expansion is on hold, awaiting approval from a U.S. Congress that is again paralyzed by budget disputes.

domesticNews reuters.com

Prosecutors accuse parents of torturing California siblings

LOS ANGELES (Reuters) - The California couple accused of keeping their 13 children captive in the family's squalid home were charged on Thursday with torture, child abuse and false imprisonment, as prosecutors said the victims were beaten, starved and chained.

businessNews reuters.com

Brazilian prosecutors ask BNY Mellon unit to return $2.5 billion to local fund

SAO PAULO (Reuters) - Brazilian prosecutors asked on Thursday that the local unit of Bank of New York Mellon Corp return 8.2 billion reais ($2.56 billion) to local pension fund Postalis, according to a statement.

businessNews reuters.com

CIBC eyes FirstCaribbean valuation around $1.4 billion: sources

TORONTO (Reuters) - Canadian Imperial Bank of Commerce is targeting a valuation of 10 times earnings for the potential listing of its FirstCaribbean business in New York, which would give it a market value of around $1.4 billion, five sources familiar with the matter told Reuters over the past week.

companyNews reuters.com

MOVES-Bank of America names MacDonald new global TMT head; Zakkour departs

Jan 18 (Reuters) - Bank of America Corp has appointed Jack MacDonald to be head of global technology, media and telecom investment (TMT)banking, following the departure of Anwar Zakkour, the banker who formerly led the TMT group, according to a memo seen by Reuters.

businessNews reuters.com

Deutsche Bank CEO says overhaul will take time

BERLIN/FRANKFURT (Reuters) - Deutsche Bank's CEO on Thursday said an overhaul of the bank would take time but plans to turn around its performance were on the right track.

lifestyleMolt reuters.com

Hundreds commemorate Jewish sage at his tomb in southern Israel

NETIVOT, Israel (Reuters) - Hundreds of Jewish worshippers made a pilgrimage on Thursday to the tomb in southern Israel of a sage revered by his followers as a miracle-maker.

worldNews reuters.com

Russia accuses Washington of leaking diplomats' bank details

MOSCOW (Reuters) - Russia's foreign ministry on Thursday accused U.S. officials of leaking to the media confidential financial details of Russian diplomats working in the United States, and demanded that those responsible be punished.

domesticNews reuters.com

Norfolk Southern pushing for 'more stable' rail service in 2018: CEO

LOMBARD, Ill. (Reuters) - Norfolk Southern Corp is working toward a "more stable, resilient" network for 2018 following service issues in recent months, the No. 4 U.S. railroad's top executive said on Thursday.

PersonalFinance reuters.com

Ex-Bank of America executive Malik to launch fund advisory firm

NEW YORK (Reuters) - Omeed Malik, a former Bank of America Merrill Lynch executive, is preparing to launch an advisory firm for hedge funds and other so-called alternative investment managers,...

worldNews reuters.com

Italy's Berlusconi says he is ready to be premier if European court lifts ban

ROME (Reuters) - Former prime minister Silvio Berlusconi said on Thursday he was ready to lead Italy again if the European Court of Human Rights scrapped a ban on him holding public office.

domesticNews reuters.com

U.S. marshal killed in Pennsylvania while serving warrant to suspect

HARRISBURG, P.A. (Reuters) - A U.S. deputy marshal was shot and killed in Pennsylvania's capital city and at least two other officers were wounded while attempting to serve an arrest warrant to a suspect who was also hit by return gunfire, authorities said on Thursday.

domesticNews reuters.com

Parents of captive California siblings to appear in court

LOS ANGELES (Reuters) - The California couple accused of keeping their 13 children captive and malnourished in the family's squalid suburban home will appear in court on Thursday to face charges of torture and child endangerment charges.

domesticNews reuters.com

Texas 'tourniquet killer' set to be first U.S. inmate executed in 2018

AUSTIN, Texas (Reuters) - In the first U.S. execution of 2018, Texas was set on Thursday to put to death a man convicted of raping and murdering five girls and young women, using a tourniquet to torture and strangle his victims.

environmentNews reuters.com

Deutsche Bahn halts rail service across Germany due to storm

BERLIN (Reuters) - German railway operator Deutsche Bahn [DBN.UL] on Thursday said it had suspended all long-distance rail service across Germany due to a powerful storm blowing across Germany and the Netherlands.

domesticNews reuters.com

California abuse case sparks calls for home-schooling oversight

(Reuters) - Lawmakers and advocacy groups are calling for more oversight of home-schooling after a California couple using this method of education was charged with torturing their 13 children.

cnn.com

Cities ranging from New York and LA to Columbus, Ohio are in the running to land the $5 billion campus

companyNews reuters.com

CANADA STOCKS-TSX flat as energy stocks fall, banks push higher

TORONTO, Jan 18 (Reuters) - Canada's main stock index was little changed in early trade on Thursday, as energy stocks fell and banks rose.

companyNews reuters.com

BRIEF-CNB Bank Shares And Jacksonville Bancorp Announce Agreement To Merge

* CNB BANK SHARES, INC. AND JACKSONVILLE BANCORP, INC. ANNOUNCE AGREEMENT TO MERGE

businessNews reuters.com

Emirates hands Airbus A380 superjumbo a lifeline with $16 billion order

NANTES, France (Reuters) - Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world's biggest passenger jet from death row and securing its future for at least another decade.

businessNews reuters.com

Morgan Stanley's wealth management business helps bank top estimates

(Reuters) - Morgan Stanley's quarterly profit dropped almost 60 percent on a provision related to the new U.S. tax law, but adjusted profit beat analyst expectations as strength in wealth management offset a drop in trading revenue.

businessNews reuters.com

Emirates hands Airbus A380 superjumbo lifeline with $16 billion order

NANTES, France (Reuters) - Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world's biggest passenger jet from death row and securing its future for at least another decade.

businessNews reuters.com

Emirates hands A380 superjumbo lifeline with $16 billion order

NANTES, France (Reuters) - Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world's biggest passenger jet from death row and securing its future for at least another decade.

companyNews reuters.com

BRIEF-M&T Bank Corp Q4 Operating Earnings Per Share $2.04

* ORATION ANNOUNCES 2017 FOURTH QUARTER AND FULL-YEAR RESULTS

domesticNews reuters.com

Parents of captive siblings to make court appearance in California

PERRIS, Calif. (Reuters) - A Southern California couple accused of keeping their 13 children captive and malnourished in the family's squalid suburban home were scheduled to make a first court appearance on Thursday.

healthNews reuters.com

U.S. court invalidates J&J cancer drug patent, hitting UK's BTG

NEW YORK (Reuters) - A U.S. administrative court invalidated a Johnson & Johnson patent on its blockbuster prostate cancer drug Zytiga, bringing rivals closer to selling generic versions and hitting shares in its British partner BTG Plc .

cnn.com

Couple charged with torture scheduled for court hearing

David and Louise Turpin, accused of keeping their 13 children captive and shackling some of them inside a squalid Southern California home, have their first court hearing Thursday.

technologyNews reuters.com

China's JD.com says will invest over $3 billion in "rustbelt" regions: Xinhua

SHANGHAI (Reuters) - Chinese online retailer JD.com will invest more than 20 billion yuan ($3.11 billion) in the country's northeastern "rustbelt" regions over the next three years, the Xinhua news agency reported on Thursday, citing the company.

worldNews reuters.com

Israeli commandos kill Palestinian gunman blamed for West Bank ambush

JENIN, West Bank (Reuters) - Israeli police killed a Palestinian gunman and captured another in a clash in the occupied West Bank on Thursday, saying they were part of a cell responsible for an ambush in which a Jewish settler was shot dead.

worldNews reuters.com

Hong Kong pro-independence protest leader appears in court for 'rioting'

HONG KONG (Reuters) - A young protest leader calling for Hong Kong's independence from China appeared in court on the rare charge of rioting on Thursday as two co-defendants failed to show up, the latest case highlighting a new generation of opposition to Chinese rule.

companyNews reuters.com

UPDATE 1-Toshiba reaches deal to help resolve Westinghouse bankruptcy, rebuild finances

* Toshiba to sell claims in Westinghouse to group led by Baupost

companyNews reuters.com

BRIEF-Farmers Capital Bank Reports Q4 Adjusted Net Income Of $0.59 Per Share

* FARMERS CAPITAL BANK CORPORATION ANNOUNCES FOURTH QUARTER EARNINGS

technologyNews reuters.com

Toshiba sees $3.7 billion balance sheet improvement from Westinghouse deal

TOKYO (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.

PersonalFinance reuters.com

Bank of America takes tax hit, vows longer-term boost

(Reuters) - Bank of America Corp's quarterly profit was nearly chopped in half by tax-related charges but the lender's management promised the new U.S. tax system would eventually benefit...

worldNews reuters.com

Palestinian gunman killed in Israeli raid in West Bank

RAMALLAH, West Bank (Reuters) - At least one Palestinian gunman was killed in a raid by Israeli armed forces on the town of Jenin in the occupied West Bank late on Wednesday, Palestinian health officials and local residents said.

companyNews reuters.com

BRIEF-Walter Investment Management Says Prepackaged Chapter 11 Plan Approved By Court

* WALTER INVESTMENT MANAGEMENT CORP. PREPACKAGED CHAPTER 11 PLAN APPROVED BY COURT

companyNews reuters.com

BRIEF-Deutsche Boerse Says ‍Bank Markazi Filed Complaint Against Co's Unit Clearstream​

* ‍BANK MARKAZI FILED COMPLAINT AGAINST DEUTSCHE BÖRSE AG SUBSIDIARY CLEARSTREAM​

companyNews reuters.com

U.S. court invalidates patent on J&J cancer drug Zytiga

NEW YORK, Jan 17 (Reuters) - A U.S. administrative court on Wednesday invalidated a Johnson & Johnson patent on its blockbuster prostate cancer drug Zytiga, bringing rivals closer to selling generic versions.

technologyNews reuters.com

U.S. enterprise telecoms firm Avaya trades again after bankruptcy

(Reuters) - Avaya Holdings Corp shares started trading on Wednesday on the New York Stock Exchange, the first time the enterprise telecommunications provider has been public in more than a decade.

businessNews reuters.com

Fed fines Taiwan's Mega Bank $29 million for anti-money laundering failures

WASHINGTON (Reuters) - The U.S. Federal Reserve Board said on Wednesday it had fined Taiwan's Mega International Commercial Bank Co. $29 million for anti-money laundering violations and required the company to improve its anti-money laundering oversight and controls.

domesticNews reuters.com

Accused NY attacker's lawyers propose deal to avoid death penalty

(Reuters) - Lawyers for the Uzbek man accused of killing eight people by speeding a truck down a New York City bike path in October proposed a plea deal on Wednesday in which their client would accept life in prison without parole if prosecutors did not seek the death penalty.

cnn.com

Teen killed in courtroom shooting

A 16-year-old boy was fatally shot Wednesday in an Ohio courtroom after a deputy and some spectators were involved in a scuffle, a sheriff's department official said.

businessNews reuters.com

Apple plans new U.S. campus, to pay $38 billion in foreign cash taxes

(Reuters) - Apple Inc will open a new campus as part of a 5-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.

companyNews reuters.com

CANADA STOCKS-TSX ends up as banks lead rally after rate hike

TORONTO, Jan 17 (Reuters) - Canada's main stock index ended higher on Wednesday, with financial stocks leading a broad but shallow rally as the Bank of Canada hiked rates, offsetting losses among gold miners as the price of the precious metal slipped.

domesticNews reuters.com

Police comb through filthy California home where starving siblings found

(Reuters) - Investigators on Wednesday conducted an exhaustive search of the foul-smelling, filthy tract home east of Los Angeles where a California couple are accused of keeping captive and nearly starving 13 minor and adult children, police said.

politicsNews reuters.com

Pennsylvania court could order new congressional map before 2018 midterms

HARRISBURG, Pa. (Reuters) - Pennsylvania Supreme Court justices on Wednesday grilled a lawyer who defended the way state congressional districts are apportioned, a design opponents have challenged as illegally skewed to benefit Republicans who hold 13 of its 18 seats in the U.S. House of Representatives.

domesticNews reuters.com

Elderly American-Iranian jailed in Iran hospitalised with heart problems: lawyer

BEIRUT (Reuters) - An 81-year old American-Iranian imprisoned in Iran, Baquer Namazi, was hospitalised earlier this week due to a drop in blood pressure and an irregular heartbeat, his lawyer said on Wednesday.

companyNews reuters.com

BRIEF-Union Bankshares Reports Q4 EPS of $0.43

* UNION BANKSHARES ANNOUNCES FOURTH QUARTER ENDED DECEMBER 31, 2017 EARNINGS AND QUARTERLY DIVIDEND PAYMENT

companyNews reuters.com

UPDATE 4-Bank of America takes tax hit, vows longer-term boost

Jan 17 (Reuters) - Bank of America Corp's quarterly profit was nearly chopped in half by tax-related charges but the lender's management promised the new U.S. tax system would eventually benefit shareholders.

companyNews reuters.com

Top Canadian banks raise prime rates after central bank rate hike

Jan 17 (Reuters) - Major Canadian banks on Wednesday raised their prime lending rates, a benchmark for a wide range of consumer and commercial loans, after the country's central bank raised interest rates for the third time in seven months.

businessNews reuters.com

Apple plans second U.S. campus, to pay $38 billion in foreign cash taxes

(Reuters) - Apple Inc will open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.

technologyNews reuters.com

Tom Siebel's billion-dollar software firm raises $100 million

SAN FRANCISCO (Reuters) - C3 IoT, a software company founded and run by longtime Silicon Valley executive Thomas Siebel that helps companies collect and analyze data, has raised another $100 million in a new funding backed by TPG Growth, the company said on Wednesday.

Federal Taxes (US) nytimes.com

Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to U.S.

Less than four weeks after President Trump signed a new tax bill, Apple plans to repatriate the vast majority of its $252 billion in cash held abroad.

companyNews reuters.com

BRIEF-BMO Bank Of Montreal Increases CDN$ Prime Lending Rate To 3.45 Per Cent

* BMO BANK OF MONTREAL INCREASES CDN$ PRIME LENDING RATE TO 3.45 PER CENT

sportsNews reuters.com

Coach tells ex-USA gymnastics doctor Nassar in court to 'go to hell'

LANSING, Mich. (Reuters) - A coach who sent dozens of young girls for treatment to USA Gymnastics team doctor Larry Nassar, who pleaded guilty to molesting female athletes, told the disgraced physicians on Wednesday to "go to hell" for his crimes.

businessNews reuters.com

'Just Hit Budget!' bankers at RBS restructuring unit told during crisis: memo

LONDON (Reuters) - Royal Bank of Scotland staff helping small firms to restructure debt during the financial crisis were given a list of ways to squeeze more money from struggling clients and told to "Just Hit Budget!", a memo released on Wednesday showed.

businessNews reuters.com

Apple to pay $38 billion in U.S. taxes on foreign cash, open new campus

(Reuters) - Apple Inc on Wednesday said it will make about $38 billion in tax payments on its overseas cash and plans to open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan.

companyNews reuters.com

MOVES-Union Bank adds executives in San Francisco office

Jan 17 (Reuters) - MUFG Union Bank N.A., a unit of Mitsubishi UFJ Financial Group, appointed Ann Hamilton as a fiduciary management executive, and Peter Bogardus as a private wealth adviser.

domesticNews reuters.com

U.S. justices sympathize with death row inmate's claim against lawyer

WASHINGTON (Reuters) - U.S. Supreme Court justices on Wednesday signaled sympathy toward a Louisiana death row inmate convicted of a 2008 triple murder who is seeking a new trial because his lawyer told jurors over the defendant's objections that the man had carried out the shootings.

domesticNews reuters.com

U.S. judge may extend freeze on Indonesian immigrants' deportation

BOSTON (Reuters) - A federal judge on Wednesday signaled she may extend an order preventing the deportation of roughly 50 Indonesian Christians living illegally in New Hampshire, a process that immigration officials began after U.S. President Donald Trump took office.

companyNews reuters.com

UPDATE 1-Barclays to cut up to 100 senior jobs at its investment bank - source

LONDON, Jan 17 (Reuters) - Britain's Barclays is axing up to 100 jobs at its investment bank, a source familiar with the matter said on Wednesday, following another set of disappointing results from the division in the third quarter.

domesticNews reuters.com

Elderly American-Iranian jailed in Iran hospitalized with heart problems: lawyer

BEIRUT (Reuters) - An 81-year old American-Iranian imprisoned in Iran, Baquer Namazi, was hospitalized earlier this week due to a drop in blood pressure and an irregular heartbeat, his lawyer said on Wednesday.

PersonalFinance reuters.com

Sovereign investor 2017 deal values down 24 percent at $72 billion

LONDON (Reuters) - Sovereign investor deal-making fell 24 percent in 2017 to $72.5 billion as megadeals such as China Investment Corp's (CIC) bumper $13.8 billion buy of warehouse firm Logicor, which...

companyNews reuters.com

RPT-Banks expected to share tiny proportion of mammoth Saudi Aramco IPO

* Bankers jostling for mandates for league table credit, prestige

domesticNews reuters.com

Republican lobbyist tied to controversial causes attacked in Virginia

WASHINGTON (Reuters) - A Republican lobbyist best known for fueling a conspiracy theory about the death of a Democratic National Committee staffer was attacked with pepper spray outside his home in a Washington suburb, police and his publicist said on Wednesday.

businessNews reuters.com

Banks expected to share tiny proportion of mammoth Saudi Aramco IPO

LONDON (Reuters) - The banks that will advise and execute Saudi Aramco's stock market listing are expected to share a tiny proportion of the $100 billion Riyadh hopes to raise in its initial public offering, according to banking sources and industry insiders.

politicsNews reuters.com

U.S. banking official critiques Senate bill aimed at easing bank rules

WASHINGTON (Reuters) - A top official at a leading U.S. bank regulator is airing concerns about a Senate bill that would ease banking rules, saying parts of it could "significantly weaken" critical protections.

businessNews reuters.com

Tech, industrials lead Wall Street higher, banks drop

(Reuters) - Wall Street's main indexes rose on Wednesday, led by gains in technology and industrial stocks, but losses in Goldman Sachs and Bank of America dragged down bank shares.

companyNews reuters.com

US STOCKS-Tech, industrials lead Wall Street higher, banks drop

* Indexes up: Dow 0.44 pct, S&P 0.31 pct, Nasdaq 0.34 pct (Changes comment, updates prices, adds details)

Theater nytimes.com

Fighting for Native Americans, in Court and Onstage

In her new play “Sovereignty,” Mary Kathryn Nagle brings together her legal activism and her family history.

domesticNews reuters.com

Fight over Indonesian immigrants back in U.S. court

BOSTON (Reuters) - Lawyers for 51 Indonesians living illegally in New Hampshire are due in court on Wednesday to urge a federal judge to grant an injunction blocking U.S. immigration officials from moving forward with efforts to deport them.

businessNews reuters.com

Tech stocks lead Wall Street higher; banks drop

(Reuters) - Wall Street's main indexes were lifted by modest gains in technology stocks on Wednesday, led by Microsoft, IBM and Intel.

domesticNews reuters.com

Strike averted at New York's main fruit and vegetable market

NEW YORK (Reuters) - A work stoppage at a market that supplies much of New York City's fresh fruit and vegetables was averted early on Wednesday when negotiators tentatively reached a pay deal as the previous contract expired, the labor union said.

businessNews reuters.com

Bank of America net profit slumps on $2.9 billion tax charge, adjusted income beats

(Reuters) - Bank of America Corp's net profit nearly halved compared with a year earlier as it booked a $2.9 billion charge stemming from the new federal tax law although it beat analysts' estimates when adjusted for the charge.

businessNews reuters.com

Goldman Sachs beats estimates as investment banking revenue soars

(Reuters) - Goldman Sachs Inc on Wednesday reported a quarterly profit that trumped analysts' estimates, as strength in its investment banking business helped cushion the blow from a slump in trading.

cnn.com

You can't get $1 from banks in Venezuela

businessNews reuters.com

BofA net profit slumps on $2.9 billion tax charge, adjusted income beats

(Reuters) - Bank of America Corp's net profit nearly halved compared with a year earlier as it booked a $2.9 billion charge stemming from the new federal tax law although it beat analysts' estimates when adjusted for the charge.

businessNews reuters.com

Futures higher as investors weigh bank earnings

(Reuters) - U.S. stock futures pointed to a higher open for Wall Street on Wednesday as investors assessed earnings of Bank of America and U.S. Bancorp.

companyNews reuters.com

US STOCKS-Futures higher as investors weigh bank earnings

Jan 17 (Reuters) - U.S. stock futures pointed to a higher open for Wall Street on Wednesday as investors assessed earnings of Bank of America and U.S. Bancorp.

companyNews reuters.com

UPDATE 1-Slovenian banks reduce bad loans to 4.4 pct of total loans

LJUBLJANA, Jan 17 (Reuters) - Slovenian banks reduced loans on which repayment was delayed by 90 days or more to 1.5 billion euros ($1.83 billion) in November, representing 4.4 percent of all loans, down from 4.6 percent the previous month, the central bank said on Wednesday.

businessNews reuters.com

Bank of America profit slumps on $2.9 billion tax charge

(Reuters) - Bank of America Corp's fourth-quarter profit nearly halved as it booked a $2.9 billion charge stemming from the new federal tax law.

politicsNews reuters.com

Gerrymandering case reaches Pennsylvania court with stakes for 2018 election

HARRISBURG, Pa. (Reuters) - Pennsylvania's high court will hear arguments on Wednesday on whether the state's congressional districts were illegally drawn to benefit Republican lawmakers, a case that could have major ramifications for the 2018 midterm elections.

businessNews reuters.com

Exclusive: J&J attracts Chinese interest for diabetes business in potential $3-4 billion deal - sources

HONG KONG (Reuters) - Chinese bidders are circling a diabetes care business owned by the world's largest healthcare company Johnson & Johnson in a deal that could fetch up to $4 billion, five people with direct knowledge told Reuters.

companyNews reuters.com

BRIEF-SA's Competition Tribunal says Bank Forex Hearing Delayed

* BANK FOREX HEARING DELAYED AFTER COMMISSION NOTIFIED ITS INTENTION TO JOIN NEW APPLICANTS‍​

domesticNews reuters.com

Majority of U.S. National Park Service board resigns, saying it was ignored

ANCHORAGE, Alaska (Reuters) - Most members of a U.S. National Park Service advisory board, appointed while Barack Obama was president, have resigned after saying they were ignored by President Donald Trump's administration, the panel chairman said on Tuesday.

domesticNews reuters.com

Nine charged over fraternity pledge's death at Florida State University

(Reuters) - Nine men were charged on Tuesday over the hazing death of a 20-year-old fraternity pledge, who died of alcohol poisoning at Florida State University late last year, police said.

worldNews reuters.com

Thai court drops royal insult case over ancient king

BANGKOK (Reuters) - Thailand's military court on Wednesday dropped the prosecution of an 85-year-old academic who had been accused of royal insult for questioning the truth of a 17th century elephant-back battle, he and his lawyer said.

businessNews reuters.com

Japan central bank to keep policy on hold, offer upbeat inflation view

TOKYO (Reuters) - Japan's central bank is set to maintain upbeat price forecasts next week and paint a slightly better picture of the economy than it did three months ago, signaling its conviction the country is making slow but steady progress in eradicating deflation.

domesticNews reuters.com

Police still baffled by discovery of 13 starved, abused siblings

PERRIS, Calif. (Reuters) - Police said on Tuesday they were still seeking answers after finding 13 siblings starving in their parents' squalid Southern California home, some of them chained to beds under "horrific" conditions in an otherwise ordinary suburb.

domesticNews reuters.com

Ex-U.S. Navy officers face negligent homicide charges over ship collisions

WASHINGTON (Reuters) - The commanding officers of two U.S. Navy destroyers involved in deadly collisions last year in the Pacific Ocean face courts-martial and military criminal charges including negligent homicide, the U.S. Navy said in a statement on Tuesday.

domesticNews reuters.com

'Chelsea bomber' tried to radicalize fellow inmates, U.S. prosecutors say

NEW YORK (Reuters) - The New Jersey man found guilty last year of planting two homemade bombs in Manhattan's Chelsea neighborhood, one of which wounded 30 people, has tried to radicalize fellow inmates with Islamic State and al Qaeda propaganda, U.S. prosecutors said on Tuesday.

domesticNews reuters.com

U.S. Navy officers face possible homicide charges over ship collisions

WASHINGTON (Reuters) - The commanding officers of two U.S. Navy destroyers involved in deadly collisions last year in the Pacific Ocean face courts-martial and could be charged with negligent homicide, the U.S. Navy said in a statement on Tuesday.

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.

Justice Department nytimes.com

Justice Dept., Fighting to Kill DACA, Asks for Supreme Court Review

The request by the Trump administration for immediate review is an unusual step after a judge ordered the administration to restart the program.

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.

domesticNews reuters.com

Wage dispute at NY City's main produce market could lead to strike

NEW YORK (Reuters) - The market that supplies New York City with most of its fresh fruits and vegetables faces the prospect of its first work stoppage since 1986 if last-ditch bargaining on Tuesday fails to bridge pay differences in a contract covering 1,100 warehouse workers.

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.

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.

companyNews reuters.com

UPDATE 1-Brazil central bank calls for Caixa VPs to step down -source

BRASILIA, Jan 16 (Reuters) - The Brazilian central bank has called for all vice presidents of state lender Caixa Econômica Federal to step down following the investigation of alleged corruption at Caixa, a person with knowledge of the matter told Reuters on Tuesday.

companyNews reuters.com

BRIEF-Freddie Mac Financed $73.2 Billion In Loan Purchase & Guarantee Volume For 2017​

* FREDDIE MAC - ‍ FINANCED $73.2 BILLION IN LOAN PURCHASE & GUARANTEE VOLUME FOR 2017​ Source text for Eikon: Further company coverage:

companyNews reuters.com

U.S. holiday shoppers spend record $108 billion online - Adobe

Jan 16 (Reuters) - U.S. shoppers spent a record $108 billion snapping up discounts on Amazon and other websites during the 2017 holiday season, with more people using smartphones and tablets, Adobe Analytics said on Tuesday.

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.

worldNews reuters.com

World Bank urges Russia to spend more on healthcare, education

MOSCOW (Reuters) - Russia's new government after its March presidential election should invest more in education and healthcare to help spur economic growth, the World Bank's chief executive officer said on Tuesday.

domesticNews reuters.com

Former Fiat Chrysler exec expected to plead guilty in payments probe: sources

DETROIT (Reuters) - Former Fiat Chrysler Automobiles NV vice president Alphons Iacobelli is expected to plead guilty in connection with a U.S. Justice Department investigation into allegations he made at least $1.2 million in improper payments to a former union vice president and his wife, two people briefed on the matter said on Tuesday.

Tax Cuts and Jobs Act (2017) nytimes.com

Banks are Big Winners from Tax Cut

Financial firms are benefiting from the $1.5 trillion tax cut and make up the majority of companies so far handing out raises and bonuses as a result of the bill.

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

Victim emotionally confronts Nassar in court

Kyle Stephens emotionally confronts former USA Gymnastics team doctor Larry Nassar during his criminal sentencing, calling him a "repulsive liar."

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.

domesticNews reuters.com

Tortured, starved California children rarely seen outside home: neighbors

PERRIS, Calif. (Reuters) - The 13 California siblings who police said were starved and chained to beds by their parents rarely left their disheveled house and, when they did, appeared small and pale and acted strangely, neighbors said.

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

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.

domesticNews reuters.com

Four South Carolina police wounded exchanging gunfire with suspect

(Reuters) - A police officer and three sheriff's deputies were shot and wounded as they tried to apprehend a man accused of domestic violence early Tuesday morning in South Carolina's York County, the sheriff's office said.

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.

technologyNews reuters.com

Qatar central bank to consider topic of virtual currencies: governor

DOHA (Reuters) - Qatar's central bank will consider the topic of virtual currencies and there may be an opportunity in the future to introduce them in Qatar, central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.

environmentNews reuters.com

BP Deepwater Horizon costs balloon to $65 billion

LONDON (Reuters) - BP said on Tuesday it would take a new charge over the 2010 Deepwater Horizon spill after again raising estimates for outstanding claims, lifting total costs to around $65 billion.

technologyNews reuters.com

Qatar central bank chief: will consider issue of virtual currencies

DOHA (Reuters) - Qatar's central bank will consider the issue of virtual currencies and there may be opportunity in future to introduce them in Qatar, central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.

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.

cnn.com

Billion dollar US embassy opens in London

The new US embassy in London opened its doors to the public for the first time on Tuesday, a billion dollar glass monolith presiding over a former industrial site south of the city.

companyNews reuters.com

BRIEF-Charter Court to sell interest Charter Mortgage Funding 2017-1

Jan 16 (Reuters) - Charter Court Financial Services Group Plc:

environmentNews reuters.com

BP to take $1.7 billion Deepwater Horizon charge

LONDON (Reuters) - BP said on Tuesday it expected to take a post-tax non-operating charge of around $1.7 billion in its fourth quarter results as part of the settlement of the deadly 2010 Deepwater Horizon spill in the United States.

worldNews reuters.com

Canadian suspect in Singapore bank robbery faces UK court on extradition

SINGAPORE/LONDON (Reuters) - A Canadian man suspected of a rare bank robbery in Singapore in 2016 faces a court appearance in Britain on Thursday after he was detained on a extradition request from Singapore.

companyNews reuters.com

UPDATE 1-HNA's problems mount as airlines delay payments, bank sets up team to handle debt-sources

SHANGHAI/SINGAPORE, Jan 15 (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.

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.

domesticNews reuters.com

Thirteen siblings rescued from California house; parents charged

(Reuters) - Thirteen siblings, ranging in age from 2 to 29, were rescued by police in California from a house where some of them had been chained to beds, and their parents have been charged with torture, officials said on Monday.

domesticNews reuters.com

California police find 13 hostages, aged 2 to 29, captive in house

(Reuters) - Police in California found 13 people, age 2 to 29, held hostage in a house outside Los Angeles, where some were chained to beds, they said on Monday.

domesticNews reuters.com

North Carolina mother kills two children, jumps off bridge

(Reuters) - A North Carolina woman who liked to post videos of her children performing on YouTube fatally injured her son and daughter and then killed herself by jumping off a bridge, police said.

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.

companyNews reuters.com

UPDATE 2-HSH Nordbank suitors J.C. Flowers and Cerberus to begin exclusive talks

* Bid topped 700 mln euros -source (Adds detail on consortium)

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

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.

companyNews reuters.com

Brazilian digital bank Inter hires banks for IPO -source

SAO PAULO, Jan 15 (Reuters) - Brazilian digital bank Intermedium SA has hired banks for an initial public offering that should take place in the second quarter of the year, one source with knowledge of the matter said on Monday.

companyNews reuters.com

UPDATE 6-Britain's Carillion collapses after banks pull the plug

* Carillion won state contracts since July profit warning (Adds industry reaction, detail)

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.

worldNews reuters.com

Bahrain court upholds jail sentence against rights activist Rajab

DUBAI (Reuters) - Bahrain's top court on Monday upheld a two-year prison sentence imposed last year by a lower tribunal on rights campaigner Nabeel Rajab over comments he was alleged to have made to journalists, a rights group said.

companyNews reuters.com

UPDATE 1-HSH Nordbank suitors J.C. Flowers and Cerberus to begin exclusive talks

* Bid topped 700 mln euros -source (Adds detail on bid, rivals)

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.

companyNews reuters.com

UPDATE 5-Britain's Carillion collapses after banks pull the plug

* Carillion won state contracts since July profit warning (Adds background)

technologyNews reuters.com

Any rule on Bitcoin must be global, Germany's central bank says

FRANKFURT (Reuters) - Any attempt to regulate cryptocurrencies such as Bitcoin must be on a global scale as national or regional rules would be hard to enforce on a virtual, borderless community, a director at Germany's central bank said on Monday.

companyNews reuters.com

J.C. Flowers, Cerberus enter exclusive talks over HSH Nordbank buy-sources

BERLIN/FRANKFURT, Jan 15 (Reuters) - The state owners of Germany's HSH Nordbank on Monday granted prospective buyers J.C. Flowers and Cerberus exclusivity as long-running attempts to privatise the ailing bank near conclusion, two people close to the matter said.

companyNews reuters.com

JP Morgan hires Papadopoulos to head Greece investment banking

LONDON, Jan 15 (IFR) - JP Morgan has hired the former head of Greece's debt management agency, Stelios Papadopoulos, to head its investment banking business in Greece, according to an internal memo seen by IFR.

companyNews reuters.com

Saidoff offer to buy parent company of Israel's Bezeq brought to court

JERUSALEM, Jan 15 (Reuters) - Eurocom Group, the parent company of Bezeq Israeli Telecom, has petitioned a Tel Aviv court to allow a debt settlement that would bring it a new controlling shareholder, a Eurocom subsidiary said on Monday.

technologyNews reuters.com

Auto1 says no need for IPO after Softbank invests

BERLIN (Reuters) - German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan's Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans.

companyNews reuters.com

UPDATE 1-Auto1 says no need for IPO after Softbank invests

* Auto1 operates in 30 countries, with 35,000 dealers (Updates with interview with co-founder, background)

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.

companyNews reuters.com

UPDATE 2-Britain's Carillion collapses as banks refuse to lend it any more money

* PM May's government under pressure over fate of Carillion (Adds details)

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

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

SHANGHAI/SINGAPORE, Jan 15 (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

Nikkei rises but weaker dollar caps gains, SoftBank climbs

TOKYO, Jan 15 (Reuters) - Japan's Nikkei share average tracked a rise in global equities and advanced on Monday, although the dollar's weakening against the yen capped gains.

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.

companyNews reuters.com

UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022

DETROIT, Jan 14 (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

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.

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.

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.

businessNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit this year: Nikkei

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

domesticNews reuters.com

Fire engulfs casino shuttle boat off Florida coast, 15 injured

NEW YORK (Reuters) - At least 15 people were injured when a fire engulfed a boat off the coast of Florida on Sunday, causing the 50 people aboard to jump into the Gulf of Mexico and swim to shore, local officials said.

businessNews reuters.com

Ford plans $11 billion investment, 40 electric 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.

companyNews reuters.com

UPDATE 2-Ford plans $11 billion investment, 40 electric vehicles by 2022

DETROIT, Jan 14 (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

Ford ups electric vehicle plans to $11 billion by 2022: executive

(Reuters) - Ford Motor Co will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 1-Ford ups electric vehicle plans to $11 billion by 2022 - executive

Jan 14 (Reuters) - Ford Motor Co will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show.

companyNews reuters.com

Ford to increase electric vehicle investment to $11 billion - executive

Jan 14 (Reuters) - Ford Motor Co will increase to $11 billion its investments in electric vehicles, Jim Farley, the company's head of global markets, said on Sunday at the Detroit auto show.

technologyNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit as soon as spring: Nikkei

TOKYO (Reuters) - SoftBank Group Corp plans to list its core mobile-phone unit in Tokyo and overseas as early as this spring, raising some 2 trillion yen ($18 billion) in one of Japan's biggest initial public offerings, the Nikkei newspaper said on Monday.

technologyNews reuters.com

French telcos to spend $3.7 billion to plug network gaps

PARIS (Reuters) - France's mobile telephone operators will spend more than 3 billion euros ($3.7 billion) rolling out a 4G network to ensure there are no coverage gaps by 2020, a government minister said.

technologyNews reuters.com

Softbank invests 460 million euros in Germany's Auto1: sources

BERLIN (Reuters) - Japan's Softbank will invest 460 million euros ($561 million) in used-car dealing platform Auto1, marking the first investment in Germany by its Vision Fund, according to sources familiar with the matter.

domesticNews reuters.com

Transgender U.S. military recruits enlist amid uncertainty

CHICAGO (Reuters) - Transgender Americans are openly enlisting in the U.S. military for the first time, saying they feel confident that court rulings blocking Republican President Donald Trump's ban on their service will stand.

Chile nytimes.com

Chile Slams World Bank Amid Charges of Political Bias

Chile’s left-leaning government demands an investigation after a World Bank economist says the nation’s drop in a business survey was politically motivated.

businessNews reuters.com

China to step up banking oversight in 'arduous' fight on financial risks

BEIJING (Reuters) - China will step up oversight in the banking sector this year to reduce financial risks, the country's banking regulator said, stressing that long-term efforts would be needed to control banking sector chaos.

domesticNews reuters.com

Tears and panic as false missile alert unnerves Hawaii

HONOLULU (Reuters) - Panic and confusion swept Hawaii on Saturday as a mistaken alert about a ballistic missile attack spread across the Pacific U.S. state, sending residents and tourists scrambling for shelter and questioning why an all-clear was not issued faster.

domesticNews reuters.com

FCC says launching full inquiry into false Hawaii missile alert

(Reuters) - The U.S. Federal Communications Commission said on Saturday it was launching a full investigation into a false emergency alert that said a ballistic missile was headed for Hawaii, the chairman of the commission said.

technologyNews reuters.com

French telcos commit three billion euros to cover network black spots: report

PARIS (Reuters) - France's mobile telephone operators will spend more than 3 billion euros ($3.7 billion) rolling out a 4G network in black spots across the country to ensure there are no coverage gaps by 2020, according to a government minister.

domesticNews reuters.com

Suspect held after first court appearance in fatal Kansas 'swatting' case

(Reuters) - A California man accused of making a hoax call that led police in Kansas to kill an unarmed man was in a Wichita jail on Saturday after his first court appearance in the "swatting" case, local media reported.

businessNews reuters.com

Indonesia central bank warns over cryptocurrencies

JAKARTA (Reuters) - Indonesia's central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system.

businessNews reuters.com

Deutsche Bank CEO sees far fewer than 4,000 Brexit-related moves: paper

DUESSELDORF (Reuters) - Deutsche Bank's chief executive expects to move far fewer than 4,000 jobs to Frankfurt following Britain's departure from the European Union, he told Swiss daily Neue Zuercher Zeitung.

domesticNews reuters.com

U.S. charges Maryland businessman with bribing Russian official

WASHINGTON (Reuters) - U.S. authorities have charged a Maryland businessman with bribing a Russian official in an effort to win contracts to ship uranium to the United States.

entertainmentNews reuters.com

Captive orca Lolita can stay at Miami aquarium: U.S. appeals court

(Reuters) - A federal appeals court on Friday rejected efforts by animal rights advocates to force the Miami Seaquarium in Florida to release Lolita, a killer whale it has held in captivity for nearly half a century.

domesticNews reuters.com

Florida 20-year-old claims $451 million Mega Millions jackpot

FORT LAUDERDALE, Fla. (Reuters) - A 20-year-old man from Florida's Gulf Coast claimed a $451 million Mega Millions lottery jackpot and opted to receive a one-time payment of nearly $282 million, Florida lottery officials said on Friday.

domesticNews reuters.com

'Dreamer' lives in limbo as Washington battles over immigration

NEW YORK (Reuters) - Jovan Rodriguez plans to go underground if protections for immigrants brought illegally to the United States as children expire, giving up on dreams of a master’s degree and a career in New York’s glittering theater world.

businessNews reuters.com

U.S. top court to decide if online retailers must collect state sales tax

WASHINGTON (Reuters) - The U.S. Supreme Court on Friday agreed to decide whether to expand the ability of states to require online retailers to collect sales tax, taking up South Dakota's dispute with three e-commerce companies.

companyNews reuters.com

UPDATE 1-Goldman thwarts fraud class action tied to Abacus CDO--US appeals court

NEW YORK, Jan 12 (Reuters) - A U.S. appeals court said a shareholder lawsuit accusing Goldman Sachs Group Inc of fraudulently claiming to put client interests before its own when creating risky subprime securities before the financial crisis, including a collateralized debt obligation known as Abacus, cannot proceed as a class action.

PersonalFinance reuters.com

U.S. Supreme Court takes up challenge to SEC in-house judges

(Reuters) - The U.S. Supreme Court on Friday agreed to hear a challenge to a key Securities and Exchange Commission practice - its use of in-house judges to enforce investor protection laws - by a...

politicsNews reuters.com

Supreme Court takes up fight over Texas electoral districts

WASHINGTON (Reuters) - The U.S. Supreme Court on Friday agreed to hear a bid by Texas to revive Republican-drawn electoral districts for state legislative and U.S. congressional seats that were thrown out by a lower court for diminishing black and Hispanic voters' clout.

companyNews reuters.com

UPDATE 1-U.S. Supreme Court to hear Schlumberger fight over patent damages

Jan 12 (Reuters) - The U.S. Supreme Court on Friday agreed to review a bid by Schlumberger NV, the world's largest oilfield services provider, to allow companies to recoup profits lost due to patent infringement when patented technology is used overseas.

companyNews reuters.com

UPDATE 1-U.S. Supreme Court takes up state online sales tax dispute

WASHINGTON, Jan 12 (Reuters) - The U.S. Supreme Court on Friday agreed to decide whether to expand the ability of states to require online retailers to collect sales tax, taking up South Dakota's dispute with three e-commerce companies.

PersonalFinance reuters.com

U.S. consumer watchdog official takes leadership fight to appeals court

WASHINGTON (Reuters) - An official who hopes to lead the Consumer Financial Protection Bureau on Friday took her fight to a U.S. appeals court, urging it to oust President Donald Trump's pick for the...

politicsNews reuters.com

Mueller to request May 14 trial date for Manafort and associate: court filing

WASHINGTON (Reuters) - U.S. Special Counsel in the Russia probe Robert Mueller will request a trial date of May 14 for Trump's former campaign manager Paul Manafort and Manafort's associate Richard Gates, Mueller said in a court filing in U.S. District Court for the District of Columbia Friday.

companyNews reuters.com

BRIEF-Capital City Bank Group Provides Impact to Deferred Tax Asset in Q4 From Tax Act

* CAPITAL CITY BANK GROUP - OVERALL IMPACT OF TAX ACT TO REQUIRE CO TO WRITE DOWN NET DEFERRED TAX ASSET BY $4.0 MILLION, OR $0.24 PER SHARE IN Q4 2017 Source text for Eikon: Further company coverage:

businessNews reuters.com

Goldman thwarts fraud class action tied to Abacus CDO: U.S. appeals court

NEW YORK (Reuters) - A U.S. appeals court said a shareholder lawsuit accusing Goldman Sachs Group Inc of fraudulently claiming to put client interests before its own when creating risky subprime securities before the financial crisis, including a collateralized debt obligation known as Abacus, cannot proceed as a class action.

companyNews reuters.com

HSH Nordbank may pick bidder for exclusive talks next week -sources

BERLIN, Jan 12 (Reuters) - The state owners of Germany's HSH Nordbank may decide to enter exclusive negotiations with one of the remaining bidders for the bank next week as the long-running privatisation process nears conclusion, two people close to the matter said.

businessNews reuters.com

Wall Street surges as consumer and bank stocks gain

(Reuters) - Wall Street's main indexes surged on Friday as strong results for JPMorgan lifted financial stocks and robust retail sales data drove gains in consumer stocks.

domesticNews reuters.com

Jeff Bezos contributes $33 million to Dreamers scholarship program

(Reuters) - Scholarship program TheDream.US said on Friday it had received a $33 million donation from Amazon.com Inc Chief Executive Jeff Bezos and his wife MacKenzie Bezos to fund 1,000 college scholarships.

businessNews reuters.com

Federal Reserve fines five banks to wrap up mortgage servicing charges

WASHINGTON (Reuters) - The Federal Reserve fined five large U.S. banks a combined $35.1 million to settle cases of mortgage servicing flaws dating back to 2011.

domesticNews reuters.com

U.S. upholds New York denial of Constitution natgas pipe

(Reuters) - U.S. energy regulators rejected Williams Cos Inc's request to overturn New York's denial of a water permit for the company's proposed Constitution natural gas pipeline from Pennsylvania to New York, according to a filing on Thursday.

companyNews reuters.com

UPDATE 1-Federal Reserve fines five banks to wrap up mortgage servicing charges

WASHINGTON, Jan 12 (Reuters) - The Federal Reserve fined five large U.S. banks a combined $35.1 million to settle cases of mortgage servicing flaws dating back to 2011.

worldNews reuters.com

Jailed leader of Turkey's pro-Kurdish opposition makes first court appearance in 14 months

ISTANBUL (Reuters) - The head of Turkey's pro-Kurdish opposition on Friday made his first public appearance since his arrest 14 months ago, standing before an Istanbul court on charges of insulting President Tayyip Erdogan.