NEW YORK, Dec 17 (Reuters) - CVS Corpâ€™s proposed purchase of Aetna Inc will affect decision-making by a majority of large and mid-size U.S. corporations on employee health benefits, a survey by benefits consultant Aon Plc found. [Source]
NEW YORK, Jan 16 (Reuters) - A U.S. judge on Tuesday overturned an arbitrator's ruling allowing about 70,000 women to take part in a nationwide sex discrimination case against Sterling Jewelers Inc even though they had not opted to join.
WASHINGTON, Jan 16 (Reuters) - The U.S. Senate on Tuesday advanced a bill to renew the National Security Agency's warrantless internet surveillance program, as a final push by privacy advocates to derail the measure came up short.
NEW YORK, Jan 16 (Reuters) - Rio Tinto Plc on Tuesday said a U.S. regulator's lawsuit accusing the big Anglo-Australian mining company of fraud for overstating the value of Mozambique coal assets it had bought in 2011 should be dismissed.
CHICAGO, Jan 16 (Reuters) - Supplies of chicken raised without antibiotics are outstripping demand, a major U.S. poultry producer said on Tuesday, a sign of overproduction that could eat into processors' profits.
ZURICH, Jan 16 (Reuters) - Manchester United enjoyed the biggest revenue of any European club in the last financial year after a 32 percent increase propelled them above Real Madrid and Barcelona, UEFA said in an annual report published on Tuesday.
NEW YORK, Jan 16 (Reuters) - A second winter storm in as many weeks is causing hundreds of flight cancellations across the United States, airlines reported on Tuesday, potentially dealing a further blow to carriers' first quarter outlooks.
Jan 16 (Reuters) - CSX Corp reported a bigger-than-expected drop in fourth-quarter revenue on Tuesday as the third-largest U.S. railroad lost some business due to service issues caused by former chief executive Hunter Harrison's turnaround plan.
DETROIT, Jan 16 (Reuters) - Japanese carmaker Nissan Motor Co. plans to transform its upscale Infiniti brand of vehicles into a primarily electrified offering, Chief Executive Hiroto Saikawa said on Tuesday.
* ARGONAUT GOLD ANNOUNCES 2017 PRODUCTION, PROVIDES 2018 GUIDANCE AND THREE-YEAR PRODUCTION OUTLOOK, STRENGTHENS MANAGEMENT TEAM AND PROVIDES RELEASE DATE FOR FOURTH QUARTER AND YEAR END OPERATIONAL AND FINANCIAL RESULTS
WASHINGTON, Jan 16 (Reuters) - U.S. miner Cloud Peak Energy said on Tuesday it will export coal from a Montana mine for 30 to 40 months to two new power plants in Japan with shipments that could start late next year.
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.
BRASILIA, Jan 16 (Reuters) - Brazilian state lender Caixa Economic Federal suspended four of its vice presidents on Tuesday after President Michel Temer called on them to step down and defend themselves from accusations of wrongdoing.
HOUSTON, Jan 16 (Reuters) - Hess Corp is cutting roughly 13 percent of its workforce and streamlining operations as it battles an activist hedge fund shareholder pushing for the U.S. oil and gas producer to post its first quarterly profit since 2014.
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.
PERRIS, Calif., Jan 16 (Reuters) - The 13 California siblings kept in "horrific" conditions by their parents, including some who were shackled to furniture, others who were starved, were being treated after an ordeal that could leave them scarred for years, authorities said on Tuesday.
MEXICO CITY, Jan 16 (Reuters) - Car dealerships in Mexico City have kicked off the new year offering "clearance sales" and free insurance as 2017 models collect dust on their lots, a reminder that consumer nerves over high interest rates could slow the economy ahead of elections.
Jan 16 (Reuters) - U.S. Senate Democrats said on Tuesday they had the backing of 50 members of the 100-person chamber to overturn the U.S. Federal Communications Commissionâ€™s decision to reverse the Obama administration's net neutrality rules, leaving them just one vote short of a majority.
BRASILIA, Jan 16 (Reuters) - The Brazilian central bank has called for all vice presidents of state lender Caixa EconÃ´mica Federal to step down following the investigation of alleged corruption at Caixa, a person with knowledge of the matter told Reuters on Tuesday.
BRIEF-OGE Energy Says Asked Commission To Review Request To Recover Investment In Mustang Energy Center
* OGE ENERGY CORP - UNIT ASKED OKLAHOMA CORPORATION COMMISSION TO REVIEW CO'S REQUEST TO RECOVER ABOUT $390 MILLION INVESTMENT IN MUSTANG ENERGY CENTER Source text for Eikon: Further company coverage:
Jan 16 (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.
WASHINGTON, Jan 16 (Reuters) - Kazakhstan President Nursultan Nazarbayev said on Tuesday the country has reached agreements with several U.S. companies worth $7.5 billion, including contracts to supply passenger planes and locomotives to the Central Asian country.
NEW YORK, Jan 16 (Reuters) - Hudson River Trading LLC has agreed to buy Sun Trading parent Sun Holdings LLC, it said on Tuesday, the latest takeover in a shrinking high frequency trading industry beset by low market volatility and rising costs.
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.
NEW YORK, Jan 16 (Reuters) - Hudson River Trading LLC said on Tuesday it agreed to buy Sun Trading parent Sun Holdings LLC in the latest example of consolidation in the high frequency trading industry, which has been in a years-long decline amid low market volatility and rising costs.
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.
* BROADCOM LTD - "â€QUALCOMM HAS REFUSED TO ENGAGE WITH BROADCOM AND HAS INSTEAD ELECTED TO REMAIN A STANDALONE COMPANY"â€‹ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)
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 .
WASHINGTON, Jan 16 (Reuters) - The U.S. Senate on Tuesday planned to vote to advance a bill to renew the National Security Agency's warrantless internet surveillance program, as privacy advocates made a final push to derail the measure.
NEW DELHI/LONDON, Jan 16 (Reuters) - Gas utility GAIL (India) Ltd has renegotiated the terms of a long-term liquefied natural gas (LNG) purchase deal with Russia's Gazprom , the Indian company said on Tuesday.
DETROIT, Jan 16 (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.
HOUSTON, Jan 16 (Reuters) - U.S. oil and gas producer Hess Corp is cutting hundreds of employees and streamlining operations as it battles an activist shareholder agitating for higher margins, according to two sources familiar with the matter.
DETROIT, Jan 16 (Reuters) - Former Fiat Chrysler Automobiles NV vice president Alphons Iacobelli is expected to plead guilty in connection with a U.S. federal investigation into allegations he made at least $1.2 million in improper payments to a former union vice president and his wife, a person briefed on the matter said Tuesday.
* Leu nears record low after PM resignation * Leu, Romanian stocks rebound as ruling party proposes new PM * German stocks rally helps Prague, Warsaw hit multi-year highs * Czech PM Babis loses confidence vote, but seen staying (Adds Romanian PM candidate, Czech confidence vote, central bankers) By Sandor Peto and Luiza Ilie BUDAPEST/BUCHAREST, Jan 16 (Reuters) - Romanian assets rebounded from a plunge on Tuesday as the ruling Social Democrat party (PSD) quickly picked
Jan 16 (Reuters) - Goldman Sachs Group Inc is expected to report a 75 percent fall in 2017 commodities trading revenue to its lowest on record, hurt by losses in gas and power, Bloomberg News reported on Tuesday.
(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.
Jan 16 (Reuters) - U.S. Senate Democrats said on Tuesday they had the backing of 50 members of the 100-person chamber to overturn the U.S. Federal Communications Commissionâ€™s reversal of landmark Obama administration net neutrality rules, but still faced an uphill battle.
TORONTO, Jan 16 (Reuters) - Canada's main stock index edged lower in morning trading on Tuesday as gold miners weighed down heavyweight resource stocks amid a commodity price retreat, even as marijuana producers extended a recent rally.
TORONTO, Jan 16 (Reuters) - A Canadian regulator has ordered two Costco Wholesale Corp executives to pay a total of C$100,000 ($80,502) after pleading guilty to seeking illegally seeking rebates for the pharmacies from Indian drugmaker Ranbaxy Pharmaceuticals.
NEW DELHI, Jan 16 (Reuters) - Gas utility GAIL (India) Ltd has renegotiated the terms of a long-term liquefied natural gas (LNG) purchase deal with Russia's Gazprom, the Indian company said on Tuesday.
Jan 16 (Reuters) - U.S. natural gas producer Cheniere Energy Inc said on Tuesday Singapore-based commodity trader Trafigura Pte Ltd would buy about 1 million tonnes of natural gas per year from its unit for 15 years, starting 2019.
DETROIT, Jan 16 (Reuters) - General Motors Co shares rose on Tuesday after the company said 2018 earnings will be largely flat compared with 2017 and forecast higher profits in 2019 when its revamped line of high-margin pickup trucks hits the U.S. market.
Jan 16 (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.
RIO DE JANEIRO, Jan 16 (Reuters) - Brazil's state-controlled oil company PetrÃ³leo Brasileiro said on Tuesday a fire at a platform in the Santos Basin was contained and did not cause injuries or environmental damage.
LONDON, Jan 16 (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.
* CRAY- ESTIMATES IMPACT OF TAX CUTS AND JOBS ACT WILL RESULT IN REDUCTION TO CO'S GAAP EARNINGS FOR Q4, YEAR ENDED DEC 31, 2017 IN RANGE OF $30-35 MILLION Source text for Eikon: Further company coverage:
(Reuters) - UnitedHealth Group Inc on Tuesday raised its outlook for 2018 earnings per share by more than 16 percent due to the U.S. corporate tax cuts and said it would speed up investments in data analytics and technology to better serve consumers.
MOSCOW, Jan 16 (Reuters) - Kazakhstan will increase its oil and gas concentrate production in 2018 by 1 percent to 87 million tonnes, compared to 86.2 million tonnes the previous year, its energy ministry told Reuters on Tuesday.
LONDON, Jan 16 (Reuters) - British Prime Minister Theresa May told her cabinet of top ministers on Tuesday that the government needed to avoid complacency over the fallout from construction firm Carillion's collapse, her spokesman said.
Jan 16 (Reuters) - U.S. industrial conglomerate General Electric Co said on Tuesday it would record an after-tax charge of $6.2 billion for the fourth quarter related to its finance arm's run-off insurance portfolio.
LONDON/EDINBURGH, Jan 16 (Reuters) - The collapse of British services group Carillion started to hurt thousands of small contractors on Tuesday, with some laying off workers after the rapid demise of a company that was winning state contracts as recently as November.
Jan 16 (Reuters) - Battery maker Energizer Holdings Inc said on Tuesday it would buy the global battery and portable lighting business of Spectrum Brands in a $2 billion cash deal, adding brands such as Rayovac and Vatra to its lineup.
DUBAI, Jan 16 (Reuters) - The United Arab Emirates will lodge a complaint against Qatar at the United Nations' aviation agency on Tuesday after Qatari war planes allegedly intercepted UAE civilian aircraft, a UAE official said.
LONDON, Jan 16 (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.
OSLO, Jan 16 (Reuters) - Norway's $1.07 trillion sovereign wealth fund has excluded nine more companies from its portfolio based on breaches of its ethical investment criteria, the Norwegian central bank, which manages the fund, said in a statement on Tuesday.
* Gas demand, import growth to drop, but remain in double digits * 2018 oil demand growth at 4.6 pct, down from 5.9 pct in 2017 * Net diesel exports to rise 47 pct, gasoline exports by 23 pct (Adds details on fuel surplus, comment, table, byline) By Muyu Xu and Chen Aizhu BEIJING, Jan 16 (Reuters) - China's natural gas consumption will rise by 10 percent and imports by 13.4 percent in 2018, China National Petroleum Corp (CNPC) forecast on Tuesday, boosted by a steady push t
LONDON, Jan 16 (Reuters) - European shares rose on Tuesday after corporate trading updates lifted sentiment, with shares in German fashion house Hugo Boss gaining on better-than-expected sales in the last quarter of 2017.
DUBAI, Jan 16 (Reuters) - The United Arab Emirates will lodge a complaint against Qatar at the United Nations aviation agency on Tuesday after Qatari fighter jets twice intercepted UAE civilian aircraft during routine flights to Bahrain, a UAE official said.
Jan 16 (Reuters) - McDonald's Corp said on Tuesday it is responding to customers' No. 1 request by setting goals for switching to environmentally friendly packaging materials and offering recycling in all of its restaurants.
LONDON, Jan 16 (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.
TOKYO, Jan 16 (Reuters) - Japan's Nikkei share average rose to its highest level since late 1991 on Tuesday, as a firmer dollar supported exporter stocks and expectations for strong corporate earnings bolstered investor sentiment.
SYDNEY/TAIPEI, Jan 16 (Reuters) - Australia's Qantas Airways said on Tuesday it had amended its website to no longer refer to Taiwan and Hong Kong as countries, rather than Chinese territories, after China issued a warning to foreign airlines last week.
BEIJING, Jan 16 (Reuters) - Alphabet Inc's Google said on Tuesday it has made "no changes" to its mapping platform in China, denying an earlier media report that claimed it was re-launching the function in China, where many of its services are blocked.
TOKYO, Jan 16 (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.
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.
SYDNEY, Jan 16 (Reuters) - Australia's Qantas Airways said on Tuesday it had amended its website to no longer refer to Taiwan and Hong Kong as countries, rather than Chinese territories, after China issued a warning to foreign airlines last week.
Jan 16 (Reuters) - Gold prices on Tuesday held firm near four-month highs hit in the previous session, buoyed after the U.S. dollar slumped to three-year lows against a basket of currencies on Monday. FUNDAMENTALS * Spot gold was up 0.1 percent at $1,341.28 an ounce by 0054 GMT, after touching its strongest since Sept. 8 at $1,344.44 the session before. * U.S. gold futures were up 0.5 percent at $1,341.70 an ounce. * U.S. markets were closed for a holi
TOKYO, Jan 16 (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.
FRANKFURT/LONDON, Jan 16 (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.