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Audi ordered to recall 127,000 vehicles over emissions -paper

FRANKFURT (Reuters) - Germany's KBA automotive watchdog has detected illicit emission-control software in Audi's latest Euro-6 diesel models and has ordered a recall of 127,000 vehicles, Bild am Sonntag reported.

sportsNews reuters.com

Andy who? Briton Edmund reaches first grand slam quarter-final

MELBOURNE (Reuters) - Britain's Kyle Edmund reached the quarter-finals of a grand slam for the first time after coming from a set down to oust Italian Andreas Seppi 6-7(4) 7-5 6-2 6-3 in the fourth round of the Australian Open on Sunday.

sportsNews reuters.com

Mertens makes maiden major quarter-final in Melbourne

MELBOURNE (Reuters) - Belgium's Elise Mertens progressed to her maiden grand slam quarter-finals in her first appearance in the Australian Open main draw, beating Croatian Petra Martic 7-6(5) 7-5 on Sunday.

sportsNews reuters.com

Tennis: Edmund ousts Seppi to reach first grand slam quarter-final

MELBOURNE (Reuters) - Britain's Kyle Edmund reached the quarter-finals of a grand slam for the first time after coming from a set down to oust Italian Andreas Seppi 6-7(4) 7-5 6-2 6-3 in the fourth round of the Australian Open on Sunday.

businessNews reuters.com

Saudi energy minister urges oil producers to extend cooperation beyond 2018

MUSCAT (Reuters) - Saudi Arabia's energy minister urged global oil producing nations on Sunday to extend their cooperation beyond 2018, but said this might mean a new form of deal rather than continuing the same supply cuts that have boosted prices in recent months.

sportsNews reuters.com

Tennis: Wozniacki gallops into Melbourne quarter: finals

MELBOURNE (Reuters) - Second seed Caroline Wozniacki needed only a shade over an hour to book a quarter-final spot at the Australian Open as she thrashed Slovakia's Magdalena Rybarikova 6-3 6-0 on Sunday.

sportsNews reuters.com

Tennis: Suarez Navarro hits back to reach quarter-finals

MELBOURNE (Reuters) - Spain's Carla Suarez Navarro became the first player through to the quarter-finals of the Australian Open as she dug herself out of a hole to beat Estonian Anett Kontaveit 4-6 6-4 8-6 on Sunday.

businessNews reuters.com

SoFi in talks with top Twitter exec about CEO position: WSJ

(Reuters) - Social Finance Inc (SoFi) is in discussions with Anthony Noto, a top Twitter Inc executive, to become the online lender's chief executive, the Wall Street Journal reported on Saturday, citing sources.

topNews reuters.com

Germany's SPD to vote on coalition talks with Merkel's conservatives

BONN (Reuters) - Germany's center-left Social Democrats (SPD) will decide on Sunday whether to start formal coalition talks with Chancellor Angela Merkel's conservatives, a move which would bring Europe's economic powerhouse one step closer to a stable government.

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Pence tells Egypt's Sisi that U.S. would back two-state solution

CAIRO (Reuters) - Vice President Mike Pence told Egypt's leader on Saturday the United States would support a two-state solution for Israelis and Palestinians if the two sides agreed to it, seeking to reassure a key Arab ally over President Donald Trump's decision to recognize Jerusalem as Israel's capital.

worldNews reuters.com

Pence tells Egypt's Sisi that U.S. still backs two-state solution

CAIRO (Reuters) - U.S. Vice President Mike Pence on Saturday told Egypt’s leader the United States would support a two-state solution for Israelis and Palestinians if the two sides agreed, seeking to reassure a key Arab ally over President Donald Trump’s decision to recognize Jerusalem as Israel’s capital.

businessNews reuters.com

ADM pursues big ag merger with grain trader Bunge: source

CHICAGO/CALGARY, Alberta (Reuters) - Top U.S. grain merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , according to a person familiar with the approach, which could set up a bidding war with Swiss-based rival Glencore Plc .

worldNews reuters.com

Fire at a warehouse near India's capital kills 17 people

NEW DELHI (Reuters) - Seventeen people died after a fire broke out at a warehouse in an industrial area on the outskirts of India's capital on Sunday, a fire official said.

businessNews reuters.com

Deutsche Telekom expects steady dividend hikes: paper

FRANKFURT (Reuters) - Deutsche Telekom will keep to its promise of hiking dividends in 2018 and the years thereafter, its Chief Financial Officer Thomas Dannenfeldt told German daily Boersen-Zeitung.

cnn.com

Senior White House official doubtful a deal will happen today

worldNews reuters.com

German SPD leaders upbeat as biggest branch backs coalition talks

BERLIN (Reuters) - Senior members of Germany's Social Democrats (SPD) said on Saturday they were confident the party would approve the start of formal coalition talks with Chancellor Angela Merkel's conservatives at a special congress.

worldNews reuters.com

Iraqi parliament postpones vote on election date

BAGHDAD (Reuters) - Iraq's parliament failed on Saturday to approve May 12 as the election date, as suggested by the government, as Sunni and Kurdish lawmakers demanded a delay to allow hundreds of thousands of war-displaced people to return home.

businessNews reuters.com

China's Dalian Wanda Group says 2017 revenue down 10.8 percent

HONG KONG (Reuters) - Chinese conglomerate Dalian Wanda Group said on Saturday its revenue dropped for a second consecutive year, by 10.8 percent in 2017, as the group sold off property assets and faced increasing scrutiny from regulators and lenders.

domesticNews reuters.com

In Pennsylvania, women who voted for Trump voice support after first year

(Reuters) - The first year of Donald Trump's unorthodox presidency may have been a dizzying ride, but Belinda Miller has never regretted voting for him in 2016.

sportsNews reuters.com

Olympics: Talks under way to finalize North Korea participation

LAUSANNE (Reuters) - Talks began at the International Olympic Committee (IOC) headquarters on Saturday to finalize details on North Korea's participation at the Winter Olympics in the neighboring South next month.

vis-photo nytimes.com

Nicolle Wallace’s Road From the White House to 30 Rock

How a former aide to George W. Bush and campaign strategist for John McCain’s 2008 presidential run has became a somewhat unlikely TV star at MSNBC.

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Myanmar finalizes Rohingya repatriation preparations as doubts mount

YANGON (Reuters) - Myanmar was making final preparations to take back the first batch of Rohingya Muslims who had fled conflict in troubled Rakhine state, state media said on Saturday, despite growing doubts about the plan among refugees and in the United Nations.

Senate nytimes.com

Senate Leaders Speak After Government Shuts Down

Shortly after midnight, Senators Mitch McConnell and Chuck Schumer made statements blaming the opposing party for failing to reach an agreement to fund the government.

politicsNews reuters.com

U.S. government shutdown begins as spending bill fails in Senate

WASHINGTON (Reuters) - The U.S. government shut down at midnight on Friday after Democrats and Republicans failed to reach a last-minute deal to fund its operations, divided in a bitter dispute over immigration and border security.

cnn.com

How senators voted

Legislation to prevent the government from shutting down failed Friday night in the Senate ahead of the midnight deadline. The total was 50-49, but 60 votes were needed for passage.

politicsNews reuters.com

Government shutdown looms as Senate short of votes for spending bill

WASHINGTON (Reuters) - The U.S. Senate was short of the votes needed to approve a bill to keep the federal government running as a midnight deadline loomed on Friday night, although high-level negotiations continued.

politicsNews reuters.com

U.S. government shutdown looms as Senate short of votes for spending bill

WASHINGTON (Reuters) - The U.S. Senate was short of the votes needed to approve a bill to keep the federal government running as a midnight deadline loomed on Friday night, but high-level negotiations continued.

businessNews reuters.com

Possible Buffett heir Abel has small Berkshire stake, likely to grow

(Reuters) - Greg Abel, considered by many investors the top contender to succeed Warren Buffett as Berkshire Hathaway Inc's chief executive officer, on Friday reported owning about $2.1 million of the conglomerate's stock.

Federal Budget (US) nytimes.com

How Washington Reached the Brink of a Shutdown

Here’s a look back at the events that lead to the brink of a government shutdown over DACA.

businessNews reuters.com

ADM pursues big ag merger with grain trader Bunge: WSJ

CHICAGO/CALGARY, Alberta (Reuters) - Top U.S. grains merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore Plc .

topNews reuters.com

Trump administration says U.S. mistakenly backed China WTO accession in 2001

WASHINGTON (Reuters) - The United States mistakenly supported China's membership of the World Trade Organization in 2001 on terms that have failed to force Beijing to open its economy, the Trump administration said on Friday as it prepares to clamp down on Chinese trade.

nytimes.com

Senate, Supreme Court, Menendez: Your Friday Evening Briefing

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

businessNews reuters.com

Venezuela's woes poised to hit U.S. oilfield service firms' earnings

HOUSTON (Reuters) - U.S. oilfield service companies exposed to Venezuela face new hits to earnings from the South American nation's ongoing economic turmoil and U.S. sanctions on the country and state-run oil company PDVSA.

businessNews reuters.com

McDonald's 'joint employment' trial delayed amid settlement talks

(Reuters) - McDonald's Corp and a U.S. labor board are in talks to settle a case claiming the fast food company is liable for purported labor law violations by its franchisees, leading a judge on Friday to pause a trial that began in 2015.

businessNews reuters.com

ADM has made takeover approach to Bunge: WSJ

(Reuters) - Agricultural processing and trading company Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore Plc in an industry moving toward consolidation.

businessNews reuters.com

FTC makes second request on Broadcom's bid for Qualcomm

(Reuters) - The U.S. Federal Trade Commission has made a second request for information on chipmaker Broadcom Ltd's $103 billion hostile bid for Qualcomm Inc , Broadcom said in a statement on Friday, a move that could indicate heightened antitrust scrutiny.

businessNews reuters.com

Parent company of 7-Eleven agrees to divest some U.S. stores in Sunoco deal

WASHINGTON (Reuters) - Seven & i Holdings Co Ltd , the Tokyo-based parent company of the 7-Eleven network of stores, agreed to sell and divest some fuel outlets in its proposed $3.3 billion acquisition of 1,100 Sunoco LP outlets, the U.S. Federal Trade Commission said Friday.

businessNews reuters.com

Judge overseeing AT&T, Time Warner merger trial hears document dispute

WASHINGTON (Reuters) - AT&T , owner of DirecTV, is asking for documents from a long list of companies as part of preparation for a trial to determine if they will be allowed to buy movie and TV show maker Time Warner , their lawyer Daniel Petrocelli said in a pre-trial hearing on Friday.

businessNews reuters.com

Archer Daniels has made takeover approach to Bunge: WSJ

(Reuters) - Agricultural trader Archer Daniels Midland Co made a takeover approach to rival Bunge Ltd , the Wall Street Journal reported on Friday, citing people familiar with the matter. http://on.wsj.com/2mSY8L0

businessNews reuters.com

GE shares stumble to worst week since financial crisis

NEW YORK (Reuters) - General Electric shares tumbled for a fifth straight session on Friday, sending the stock to its biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the week.

businessNews reuters.com

Wall Street ends higher despite government shutdown threat

NEW YORK (Reuters) - Wall Street rose on Friday, led by gains in consumer stocks, even as a possible government shutdown loomed.

businessNews reuters.com

Fed's Quarles details steps to ease rules from Volcker to stress tests

WASHINGTON (Reuters) - A top bank regulator at the U.S. Federal Reserve is planning several imminent changes that Wall Street has wanted involving capital rules, proprietary trading and a process known as "living wills" that aims to prevent taxpayer bailouts.

businessNews reuters.com

Delaware sues opioid manufacturers, distributors over epidemic

(Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making, distributing and selling prescription painkillers.

Athletics and Sports nytimes.com

Sports of The Times: Who Has U.S.A. Gymnastics’ Back at This Point? The U.S.O.C., for Some Reason

The country’s national Olympics organization so far has chosen not to decertify the gymnastics federation, despite sexual-abuse claims from more than 150 young women.

cnn.com

LA Times workers vote to form union

businessNews reuters.com

S&P, Nasdaq hit records, Dow muted as government shutdown looms

NEW YORK (Reuters) - The S&P 500 and the Nasdaq rose on Friday, led by gains in consumer stocks and hitting intraday highs, even as a possible government shutdown loomed.

businessNews reuters.com

FTC set to make second request on Broadcom's bid for Qualcomm: sources

(Reuters) - The U.S. Federal Trade Commission is set to make a second request for information on chipmaker Broadcom Ltd's $103 billion hostile bid for Qualcomm Inc , people familiar with the matter said on Friday, indicating heightened antitrust scrutiny.

topNews reuters.com

Schumer, Trump meet at White House as government shutdown looms

WASHINGTON (Reuters) - Democratic Senate leader Chuck Schumer met with President Donald Trump at the White House on Friday to search for ways to avert a U.S. government shutdown, but Schumer said afterward that disagreements remained as the clock ticks toward a midnight deadline to pass a funding bill.

Los Angeles Times nytimes.com

Journalists at The Los Angeles Times Vote to Form a Union

By a 248-44 vote, newsroom employees have defied an anti-union campaign by Tronc management. The announcement came the day after a report detailing harassment allegations against The Times’ publisher.

cnn.com

House Intel member alleges evidence shows Trump Organization money laundering

California Rep. Jackie Speier, a Democratic member of the House Intelligence Committee, is making the accusation that past Trump Organization real estate deals show evidence of money laundering.

cnn.com

Paramedics called to Justice Sonia Sotomayor's house for low blood sugar

US Supreme Court Justice Sonia Sotomayor suffered "symptoms of low blood sugar" and paramedics were called to her home Friday, according to a Supreme Court spokesperson.

politicsNews reuters.com

Schumer, Trump meet at White House as government shutdown nears

WASHINGTON (Reuters) - Democratic Senate leader Chuck Schumer met with President Donald Trump at the White House on Friday to search for ways to avert a U.S. government shutdown but Schumer said afterward that disagreements remained as the clock ticked toward a midnight deadline to pass a spending bill.

businessNews reuters.com

Fed's Quarles says regulators have begun work to 'streamline' Volcker Rule

WASHINGTON (Reuters) - U.S. financial regulators have begun work on a proposal to "streamline" the Volcker Rule banning banks from making risky bets with their own money, the country's top banking regulator said on Friday, in a development that will be cheered by banks that have long complained the rule is too onerous.

businessNews reuters.com

Nike at two-year high as analysts tout margin benefits of direct sales

(Reuters) - Nike Inc's shares surged to a two-year high on Friday after two Wall Street brokerages said the footwear maker's profitability would soon reap the benefits of its recent move to sell directly to consumers.

politicsNews reuters.com

As clock ticks, Senate scrambles to avert government shutdown

WASHINGTON (Reuters) - The U.S. Senate raced to avert a government shutdown on Friday ahead of a midnight deadline with no agreement on funding in sight and both parties squabbling over who is to blame for the impasse.

politicsNews reuters.com

House Democrat Pelosi hopeful Schumer finds Trump-backed immigration bill

WASHINGTON (Reuters) - Nancy Pelosi, the Democratic leader in the U.S. House of Representatives, said on Friday she hopes that Senate Democratic leader Chuck Schumer will be able to determine what kind of immigration bill President Donald Trump will support.

businessNews reuters.com

U.S. regulators have begun work to 'streamline' Volcker Rule: Fed official

WASHINGTON (Reuters) - U.S. financial regulators have begun work to "streamline" the Volcker Rule banning banks from making risky bets with their own money, the country's top banking regulator said on Friday.

businessNews reuters.com

General Electric shares drop for fifth straight session

NEW YORK (Reuters) - General Electric shares tumbled for a fifth straight session on Friday, flirting with their biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the week.

businessNews reuters.com

S&P lifted by consumer stocks, IBM weighs on Dow

(Reuters) - The S&P 500 and the Nasdaq edged higher on Friday following positive brokerage recommendations on a bunch of consumer names, but the Dow was reined in by losses in IBM.

cnn.com

'Star Wars Rebels' sets 90-minute series finale

"Star Wars" is officially closing one chapter in its universe, with the animated series "Star Wars Rebels" to conclude March 5, with a 90-minute series finale.

businessNews reuters.com

Possible U.S. shutdown won't affect U.S.'s AAA-rating: Fitch

NEW YORK (Reuters) - Fitch Ratings said on Friday its top AAA debt rating for the United States would not be directly impacted by a possible federal shutdown, which will begin on Saturday if lawmakers fail to clinch a deal to fund the government.

politicsNews reuters.com

Clock running out as Senate tries to avert government shutdown

WASHINGTON (Reuters) - The U.S. Senate raced to avert a government shutdown on Friday ahead of a midnight deadline with no agreement on funding in sight and both parties squabbling over who is to blame for the impasse.

politicsNews reuters.com

Thousands in Washington await Trump address to anti-abortion rally

WASHINGTON (Reuters) - Donald Trump will become the third sitting U.S. president to address anti-abortion activists at the annual March for Life on Friday, highlighting his shift in recent years from a supporter of women's access to abortion to a powerful opponent.

cnn.com

White House: We're preparing for 'Schumer shutdown'

White House budget director Mick Mulvaney says the White House is preparing for a government shutdown and is waiting for Congress to pass a funding bill.

cnn.com

Three Amazon finalists are inside the Beltway. What gives?

businessNews reuters.com

Gains in consumer stocks prop up S&P, Nasdaq

(Reuters) - The S&P 500 and the Nasdaq were prodded higher by gains in consumer stocks, while investors played down fears of a looming U.S. government shutdown.

businessNews reuters.com

Lowe's nominates directors after 'constructive' talks with D.E. Shaw

(Reuters) - Home improvement chain Lowe's Cos Inc said it has nominated two independent board members and plans to add a third following "constructive" talks with hedge fund D.E. Shaw Group, which has taken an activist stake, sending shares up 3 percent on Friday.

businessNews reuters.com

Amazon, Nike drive Wall Street higher

(Reuters) - Wall Street's main indexes rose on Friday, powered by gains in Amazon and Nike, while investors shrugged off fears of a looming U.S. government shutdown.

entertainmentNews reuters.com

'Sneakerhead' blog-turned-streetwear site gets first backing

FRANKFURT (Reuters) - It started 12 years ago as a one-man blog written by a self-confessed "sneakerhead." Fashion website Highsnobiety went on to become a top destination for young men buying the latest streetwear - and has now attracted its first outside investment.

businessNews reuters.com

Exclusive: Trump's coal job push stumbles in most states - data

WASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew modestly, according to preliminary government data obtained by Reuters.

businessNews reuters.com

Wall Street opens higher as investors shrug off shutdown fears

(Reuters) - U.S. stocks opened higher on Friday, putting the major indexes on track for three straight weeks of gains as hopes of a strong earnings season overshadowed fears of a potential U.S. government shutdown.

Trump, Donald J nytimes.com

Live Briefing: Senate Democrats Appear Set to Block Bill to Avert Government Shutdown

The government will shut down at midnight Eastern Time if lawmakers fail to get an agreement on a spending bill.

businessNews reuters.com

Road to ruin? Carillion collapse puts spotlight on UK outsourcing model

LONDON/BALMEDIE, Scotland (Reuters) - In Balmedie, a village on the northeast coast of Scotland, an unfinished 12 km stretch of dual carriageway is a stark illustration of why British construction company Carillion went bust this week.

businessNews reuters.com

NAFTA talks seen ending happily, despite growls from Trump

BENGALURU/SAO PAULO (Reuters) - The North American Free Trade Agreement will probably be renegotiated successfully with only marginal changes, said a large majority of economists in a Reuters poll, despite the Trump administration's saber-rattling.

sportsNews reuters.com

Babcock back behind bench but not at the Games

Toronto (Reuters) - Mike Babcock coached Canada to men's ice hockey gold at both the 2010 Vancouver and 2014 Sochi Winter Games and he will be back behind the bench again during the Pyeongchang Olympics.

cnn.com

Female Trump voter: I'm embarrassed

Female voters debate President Trump's first year in office and the multiple allegations of past sexual harassment.

worldNews reuters.com

Could Taliban finally return to Afghan peace talks? Obstacles abound

KABUL (Reuters) - Exploratory meetings in Pakistan between a high-level Taliban delegation and a representative of a prominent Afghan politician have fueled speculation of a revival of long-stalled talks on ending Afghanistan's 16-year war that kills thousands each year.

companyNews reuters.com

BRIEF-Nuuvera And Aphria Finalize Offtake Agreement For Extra 60,000 Kgs Of Cannabis Production

* NUUVERA AND APHRIA FINALIZE OFFTAKE AGREEMENT FOR EXTRA 60,000 KGS OF CANNABIS PRODUCTION Source text for Eikon: Further company coverage:

businessNews reuters.com

Delta Air to tighten onboard emotional support animal requirements

NEW YORK (Reuters) - Delta Air Lines is tightening the requirements for passengers traveling with onboard service and emotional support animals, the carrier said on Friday, following a sharp uptick in animal-related safety issues over the last several years.

worldNews reuters.com

Czech lower house votes to lift immunity of prime minister

PRAGUE (Reuters) - The Czech lower house voted on Friday to allow prosecution of Prime Minister Andrej Babis in a case of alleged EU subsidy fraud, which has blocked his attempts at creating a government.

businessNews reuters.com

Futures climb as investors shrug off government shutdown fears

(Reuters) - U.S. stock futures pointed to a record open for the benchmark S&P 500 index on Friday as investors bet on strong corporate earnings, while playing down fears of a potential U.S. government shutdown.

businessNews reuters.com

Lowe's names two directors after talks with activist investor

(Reuters) - Lowe's Cos Inc said on Friday it added two board members, a week after reports that hedge fund D.E. Shaw & Co had built an active stake in the home improvement chain, sending its shares up 2 percent.

businessNews reuters.com

U.S. shutdown fears hurt dollar, Treasury yields at highest since 2014

LONDON (Reuters) - The dollar wallowed near three-year lows on Friday as heightened fears of a U.S. government shutdown unnerved investors, while U.S. Treasury yields continued an upward march to hit their highest levels since September 2014.

businessNews reuters.com

Exclusive: Most U.S. states lost coal mining jobs in 2017 – data

WASHINGTON (Reuters) - Nearly two-thirds of U.S. coal producing states lost coal mining jobs in 2017, even as overall employment in the downtrodden sector grew modestly, according to preliminary government data obtained by Reuters.

worldNews reuters.com

Desperate Cubans seek U.S. visas in Colombia after Havana embassy cutbacks

HAVANA (Reuters) - Cuban actress Aniet Hernandez lost all hope that she and her two children would ever join her husband in Miami when the Trump administration slashed staffing at the U.S. embassy in Havana in September and stopped almost all visa processing.

United States Politics and Government nytimes.com

Showdown Vote in Senate on Friday With Government Shutdown at Stake

Senate Democrats appear ready to block legislation to keep the government funded past midnight, gambling that President Trump will offer concessions in the face of a crisis.

businessNews reuters.com

Japan, U.S. to discuss trade 'framework', U.S. envoy says: NHK

TOKYO (Reuters) - Japan and the United States next week will start to discuss a framework of negotiations with the aim of concluding a trade pact and fixing bilateral trade imbalances, Japanese public broadcaster NHK quoted the U.S. ambassador to Japan as saying.

Kimmel, Jimmy nytimes.com

Best of Late Night: Jimmy Kimmel Jumps Back Into the G.O.P. Health Care Debate

Urging Congress to fund the Children’s Health Insurance Program, Mr. Kimmel used a favorite character to illustrate his point: the petulant barista.

Kimmel, Jimmy nytimes.com

Best of Late Night: Jimmy Kimmel Jumps Back Into the Health Care Debate

Urging Congress to fund the Children’s Health Insurance Program, Mr. Kimmel used a favorite character to illustrate his point: the petulant barista.

Elections, House of Representatives nytimes.com

A Problem for Republicans Fighting to Keep California House Seats: Trump

California, with its vulnerable Republicans in Congress, is ground zero for the Democratic plan to take back the House. President Trump may be making those efforts easier.

United States Politics and Government nytimes.com

On Washington: Inside the Oval Office Immigration Meeting That Left a Senator Stunned

In an interview, Senator Richard J. Durbin says President Trump’s private immigration comments shed new light on his policy motivations.

businessNews reuters.com

Dollar hurt by U.S. shutdown fears, Treasury yields at highest since 2014

LONDON (Reuters) - The dollar wallowed near three-year lows on Friday as heightened fears of a U.S. government shutdown unnerved investors, while U.S. Treasury yields continued an upward march to hit their highest levels since September 2014.

companyNews reuters.com

SoftBank telecoms IPO faces headwinds from govt-backed upstarts

* SoftBank telecoms IPO could be largest Japan listing in 20 yrs

businessNews reuters.com

Emirates A380 orders allow Airbus to maintain minimum production - COO

PARIS (Reuters) - Airbus Chief Operating Officer Fabrice Bregier said on Friday that Emirates' latest order for up to 36 A380 aircraft worth $16 billion at list price would allow the European planemaker to maintain a minimum production level of the superjumbo.

businessNews reuters.com

Wall Street traders brace for meager paychecks as bonus season approaches

NEW YORK (Reuters) - Some traders at the largest Wall Street banks are about to get big, fat zeroes for bonuses while they watch markets thrive.

businessNews reuters.com

Asia stocks rise on China growth, U.S. govt. funding woes dent dollar

TOKYO (Reuters) - Asia stocks shook off losses on Wall Street and edged up to record highs on Friday following China's announcement of faster-than-expected fourth quarter growth, while worries over a possible U.S. government shutdown weighed on the dollar.

cnn.com

Trump set to leave Washington ahead of shutdown deadline

President Donald Trump is scheduled to depart Washington and head to his Florida resort hours before the deadline to avoid a government shutdown Friday at midnight.

businessNews reuters.com

Asia stocks set record highs, U.S. government funding woes weigh on dollar

TOKYO (Reuters) - Asia stocks edged up to record highs on Friday, although losses on Wall Street slowed the advance, while worries over a possible U.S. government shutdown weighed on the dollar.

businessNews reuters.com

SEC says bitcoin funds raise 'investor protection issues'

(Reuters) - The U.S. securities regulator on Thursday raised alarm about the safety of bitcoin-themed investments, telling the fund industry they want answers to their concerns before endorsing more than a dozen proposed products based on cryptocurrencies.

businessNews reuters.com

South Korean group files complaint against Apple CEO over iPhone slowdown

SEOUL (Reuters) - A South Korean consumer group has filed a criminal complaint against Apple Inc CEO Tim Cook over slower iPhone devices, after probes in Europe into allegations the firm had deliberately shortened the life of its handsets.

businessNews reuters.com

Exclusive: U.S. puts HNA deals on ice until it gets ownership info - source

NEW YORK (Reuters) - The U.S. government will not approve any investment by HNA Group until the Chinese conglomerate, which has been scrutinized around the world over its ownership structure, provides adequate information on who its shareholders are, a source familiar with the situation said.

businessNews reuters.com

SEC questions prospects of bitcoin ETFs

(Reuters) - The U.S. Securities and Exchange Commission (SEC) has questioned the prospects of bitcoin exchange-traded funds saying there are a significant number of investor protection issues about cryptocurrencies and related products that need to be examined.

businessNews reuters.com

Asia stocks set record highs, U.S. govt. funding woes weigh on dollar

TOKYO (Reuters) - Asia stocks edged up to record highs on Friday, although losses on Wall Street slowed the advance, while worries over a possible U.S. government shutdown weighed on the dollar.

politicsNews reuters.com

House passes short-term spending bill, Senate fight erupts

WASHINGTON (Reuters) - Legislation to avoid a U.S. government shutdown at midnight on Friday advanced in Congress as the House of Representatives on Thursday night approved an extension of federal funds through Feb. 16, although the bill faced uncertain prospects in the Senate.

businessNews reuters.com

Possible Buffett successor Jain reports $109 million Berkshire stake

(Reuters) - Ajit Jain, who was recently appointed a vice chairman of Warren Buffett's Berkshire Hathaway Inc , on Thursday reported ownership of roughly $109 million of the conglomerate's stock.

businessNews reuters.com

MetLife, U.S. regulators agree to set aside legal fight

WASHINGTON (Reuters) - The U.S. government and MetLife announced on Thursday they would jointly be seeking to dismiss an appeal over whether the insurance company should face stricter oversight as a key part of the financial system.

politicsNews reuters.com

U.S. House passes short-term spending bill, Senate fate uncertain

WASHINGTON (Reuters) - Legislation to avoid a U.S. government shutdown at midnight on Friday advanced in Congress, as the House of Representatives on Thursday night approved an extension of federal funds through Feb. 16, although the bill faced uncertain prospects in the Senate.

businessNews reuters.com

IBM returns to growth after six years, but dour forecast hits shares

(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters, beating analysts' estimates, but the company warned that a higher tax rate this year would eat into its profit.

businessNews reuters.com

Asia stocks near record highs, U.S. funding woes weigh on dollar

TOKYO (Reuters) - Asia stocks edged higher on Friday and were within reach of record highs, although losses on Wall Street slowed the advance, while worries over a possible U.S. government shutdown weighed on the dollar.

United States Politics and Government nytimes.com

House Passes Short-Term Spending Bill, Setting Up Shutdown Battle in Senate

The successful vote in the House provided only a faint glimmer of hope that a crisis could be averted before much of the government exhausts its funds at midnight on Friday.

politicsNews reuters.com

House approves government funding bill, throws issue to Senate

WASHINGTON (Reuters) - The U.S. House of Representatives on Thursday passed a bill to fund government operations through Feb. 16 and avoid agency shutdowns this weekend when existing money expires.

businessNews reuters.com

SoftBank is now Uber's largest shareholder as deal closes

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.

businessNews reuters.com

At AstraZeneca, fewer drug projects bring big productivity jump

LONDON (Reuters) - A focus on fewer diseases, together with cuts in laboratories and staff, has delivered a more than fourfold increase in research productivity at drugmaker AstraZeneca , based on one key measure of success. The analysis published on Friday comes at a time of soul-searching among large pharmaceutical companies as they compete with smaller biotech firms, which are getting new drugs to market more efficiently. The turnaround evident this decade at AstraZeneca fo

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House Republicans cite progress in averting government shutdown

WASHINGTON (Reuters) - U.S. House Republicans said late on Thursday they had made progress toward passing a short-term extension of government funding to avert a politically embarrassing shutdown, after a day of tough negotiations and confusion when President Donald Trump offered mixed signals on the stopgap plan.

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Tax overhaul leads AmEx to first loss in 26 years, buyback suspension

(Reuters) - Credit card issuer American Express Co posted its first quarterly loss in 26 years and said it would not buy back shares for the next six months, both due to the impact of the recently enacted U.S. tax reform.

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Voters in Iowa happy with Trump even as they fear what's next

Since Donald Trump came along, they have a "safe word" at the Table of Knowledge inside Darrell's Diner in Monticello, Iowa.

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Outback Australians grounded as pilot crisis worsens

(Reuters) - A recruitment drive by Australia's Qantas Airways Ltd after a seven-year hiatus is exacerbating shortages of pilots at regional air services that provide a lifeline to remote communities in the country's sparsely populated Outback.

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Trump Organization money laundering alleged in Fusion GPS testimony: House Democrat

WASHINGTON (Reuters) - Transcripts of testimony given by Fusion GPS co-founder Glenn Simpson to the U.S. House Intelligence Committee includes allegations the Trump Organization may have engaged in money laundering, the panel's top Democrat said in a statement on Thursday.

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IBM returns to growth, but shares drop after recent rally

(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company's shift into its focus areas such as cloud computing and security services gains traction.

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Wall St. pauses rally as utilities, industrials fall

NEW YORK (Reuters) - Wall Street fell on Thursday as losses in industrials and interest-rate sensitive sectors offset marginal gains in tech stocks.

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HSBC to pay $100 million to settle U.S. probe into currency rigging

(Reuters) - HSBC Holdings Plc on Thursday agreed to pay $101.5 million to settle a U.S. criminal probe into the rigging of currency transactions, which has already led the conviction of one of its former bankers.

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U.S. senators question extent of Ford 'Do Not Drive' warning on airbags

WASHINGTON (Reuters) - Two senators asked the U.S. Transportation Department on Thursday to explain why a "do not drive" directive issued last week by Ford Motor Co is limited to about 2,900 older pickup trucks and if other vehicles are potentially at risk from defective airbag inflators.

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Apple says it will decide new campus site without an auction

(Reuters) - Apple Inc said on Thursday that it will not hold a bidding process when it chooses the site for a planned new U.S. campus, marking a stark difference from the public contest that Amazon.com Inc has held for its second headquarters.

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Tax overhaul leads AmEx to first loss in 26 years, suspend buybacks

(Reuters) - Credit card issuer American Express Co posted its first quarterly loss in 26 years and said it would not buy back shares for the next six months, both due to the impact of the recently enacted U.S. tax overhaul.

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Trump goes to Pennsylvania to help Republican in special House election

CORAOPOLIS, Pa. (Reuters) - President Donald Trump traveled to western Pennsylvania on Thursday to show his backing for the Republican candidate in a special congressional election where Democrats are hoping to score another upset victory in Trump-friendly territory.

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Judge tosses GM settlement on ignition switch

NEW YORK (Reuters) - A federal bankruptcy judge on Thursday said a settlement agreement that would require General Motors Co to pay $1 billion in stock to car owners suing the company over faulty ignition switches was not enforceable.

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IBM's first revenue rises in nearly six years tops estimates

(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company's shift into its focus areas such as cloud computing and security services gains traction.

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Exclusive: Boeing willing to preserve Brazil's 'golden share' in Embraer deal

BRASILIA (Reuters) - Boeing Co is working to overcome the Brazilian military's objections to its proposed tie-up with Embraer SA with alternatives that would preserve the government's strategic veto rights and ensure safeguards for its defense programs, four people familiar with the matter told Reuters.

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Letters: ‘I Voted for Donald Trump, and I Regret It’

Two readers express their disappointment in his presidency.

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Wall St. ends lower as industrial shares weigh

NEW YORK (Reuters) - Wall Street ended lower on Thursday as losses in industrial stocks and interest-rate sensitive sectors offset marginal gains in tech stocks.

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Wells Fargo says resolved payment duplication glitch

(Reuters) - Wells Fargo & Co said on Thursday it resolved an internal processing error that resulted in customers' online bill payments being processed twice.

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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.

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Senate passes bill renewing internet surveillance program

WASHINGTON (Reuters) - The U.S. Senate on Thursday passed a bill to renew the National Security Agency’s warrantless internet surveillance program for six years with minimal changes, overcoming objections from civil liberties advocates that it undermined the privacy of Americans.

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Wall St. treads water as rising interest rates balance tech growth

NEW YORK (Reuters) - Wall Street's main indexes seesawed in choppy trade on Thursday, as gains in tech stocks offset losses in interest-rate sensitive sectors.

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UPDATE 1-U.S. Senate passes bill renewing internet surveillance program

WASHINGTON, Jan 18 (Reuters) - The U.S. Senate on Thursday passed a bill to renew the National Security Agency’s warrantless internet surveillance program for six years with minimal changes, overcoming objections from civil liberties advocates that it undermined the privacy of Americans.

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Exclusive: Boeing willing to keep Brazil's 'golden share' in Embraer deal

BRASILIA (Reuters) - Boeing Co is working to overcome the Brazilian military's objections to its proposed tie-up with Embraer SA with alternatives that would preserve the government's strategic veto rights and ensure safeguards for its defense programs, four people familiar with the matter told Reuters.

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Back with old sponsor, Patrick seeks car for Daytona and Indy

(Reuters) - Danica Patrick has found a sponsor for the final two races of her career at this year's Daytona 500 and Indianapolis 500. All she needs now is some wheels.

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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.

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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.

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Growing pains for #MeToo as Ansari tale sparks backlash talk

LOS ANGELES (Reuters) - Less than four months after the #MeToo movement inspired a national conversation about sexual misconduct and led to the downfall of dozens of powerful American men, a backlash seems to be underway.

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Former Trump adviser Bannon will not go to House panel Thursday: source

WASHINGTON (Reuters) - Former White House strategist Steve Bannon was not expected to return to testify before the House of Representatives' intelligence committee on Thursday, a committee source said.

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Nigeria sues JP Morgan for $875 million over Malabu oilfield deal

LONDON (Reuters) - Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country's former oil minister.

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Xerox-Fujifilm deal should have been changed long ago: Icahn

(Reuters) - Hedge fund investor Carl Icahn called on Thursday for the termination or renegotiation of Xerox Corp's long-running joint venture with Fujifilm Holdings reiterating demands for a change of leadership at Xerox.

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More Senate Democrats say they won't support a stopgap bill

The Senate is ripening for a potential shutdown.

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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.

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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.

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Wall St. rally falters as healthcare, industrials drag

(Reuters) - Losses in healthcare and industrial stocks paused Wall Street's new year rally that had driven the blue-chip Dow index to its fastest ever 1,000 point rise.

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Senate passes controversial FISA surveillance reauthorization

The Senate approved a six-year extension of the controversial Section 702 of the Foreign Intelligence Surveillance Act on Thursday.

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Nestle nominates three board directors to help advance strategy

LONDON (Reuters) - Nestle proposed three new independent directors to its board on Thursday, as the world's largest food company seeks to accelerate its transformation into a health-conscious company.

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Cold weather chills U.S. homebuilding; jobless claims at 45-year low

WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, likely as unseasonably cold weather at the end of the month disrupted the construction of single-family housing units.

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Pope stops popemobile to comfort fallen horseback policewoman

IQUIQUE, Chile (Reuters) - Pope Francis ordered his popemobile to stop on Thursday after a mounted Chilean policewoman was thrown off her frightened horse, which had reared up as the pontiff passed by.

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Senate passes bill renewing NSA's internet surveillance program

WASHINGTON (Reuters) - The U.S. Senate on Thursday passed a bill to renew the National Security Agency’s warrantless internet surveillance program for six years and with minimal changes, overcoming objections from civil liberties advocates that it did too little to safeguard the privacy of Americans.

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Senate panel to probe Hawaii alerts as FCC investigates

WASHINGTON (Reuters) - A U.S. Senate panel plans to hold a Jan. 25 hearing on the errant Hawaii ballistic missile alert that stirred panic and anger as the Federal Communications Commission investigates the matter.

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UPDATE 2-European shares edge higher as cyclicals back in favour

* Financials, tech and materials lead rise (Recasts, adds detail and quote, updates prices at close)

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Nigeria sues JP Morgan for $875 mln over Malabu oilfield deal

LONDON (Reuters) - Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country's former oil minister.

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Zagitova spoils Medvedeva's comeback to take lead at Europeans

MOSCOW (Reuters) - Twice world champion Evgenia Medvedeva was upstaged by Russian compatriot Alina Zagitova in the short program at the European championships on Thursday as the Olympic gold medal favorite made her comeback following a two-month injury layoff.

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Exclusive: Blackstone's Hill hands hedge fund reins to McCormick

BOSTON (Reuters) - After nearly two decades of growing Blackstone Group into the world's biggest hedge fund investor with some $74 billion in assets, J. Tomilson Hill is passing the baton.

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Senate environment panel chief backs probe into uranium imports

WASHINGTON (Reuters) - The chair of the Senate's Environment and Public Works Committee said on Thursday he wants the Commerce Department to investigate the impacts of uranium imports from Russia and central Asia on national security, backing a request from two U.S. uranium mining firms who filed the petition.

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CORRECTED-Senate environment panel chief backs probe into uranium imports

WASHINGTON, Jan 18 (Reuters) - The chair of the Senate's Environment and Public Works Committee said on Thursday he wants the Commerce Department to investigate the impacts of uranium imports from Russia and central Asia on national security, backing a request from two U.S. uranium mining firms who filed the petition.

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Wall Street slips from record as healthcare, energy drag

(Reuters) - Wall Street's main indexes edged lower on Thursday as declines in healthcare and energy stocks paused a rally that had driven the Dow Jones index to its fastest ever 1,000 point gain.

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Exclusive: Amazon Studios to cut back on indie films in programming shift: sources

SAN FRANCISCO/NEW YORK (Reuters) - Amazon.com Inc , which has made waves in recent years buying art-house movies at the Sundance Film Festival, is heading to the prestigious event this week with a long-term change in the works: It plans to shift resources from independent films to more commercial projects, people familiar with the matter told Reuters.

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House intelligence panel votes to release Fusion GPS co-founder interview

The House Intelligence Committee on Thursday voted to release the transcript of its interview with Fusion GPS co-founder Glenn Simpson, with Democrats and Republicans joining together in a move likely to shed new light on the opposition research dossier on Trump and Russia.

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House committee votes to release Fusion GPS testimony in Russia probe

WASHINGTON (Reuters) - The U.S. House of Representatives Intelligence Committee voted on Thursday to release to the public testimony from the founder of the Fusion GPS firm, which researched President Donald Trump's ties to Russia and produced a dossier denounced by the White House.

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WhatsApp inches closer to revenue plan with accounts for businesses

SAN FRANCISCO (Reuters) - Messaging application WhatsApp said on Thursday that it would begin allowing business accounts for the first time, a step that brings the free service closer to a plan that would make money for its corporate parent, Facebook Inc .

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Apple's U.S. tax payment does not change EU's Irish tax ruling

BRUSSELS (Reuters) - Apple's announcement that it will pay $38 billion in U.S. tax on its overseas cash will not reduce the $16 billion tax bill the company owes Ireland following a European Union ruling, the EU's executive said on Thursday.

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Trump muddles talks on government funding ahead of House vote on shutdown

WASHINGTON (Reuters) - President Donald Trump complicated Republican efforts on Thursday to reach agreement on a temporary extension of government funding to avert a shutdown, blasting a plan to entice Democrats by funding a children's health insurance program.

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Morgan Stanley tops estimates on underwriting, wealth management

(Reuters) - Morgan Stanley's adjusted quarterly profit topped Wall Street estimates on Thursday as strength in underwriting and wealth management offset a sharp but expected decline in bond trading revenue.

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Wall Street slips as healthcare, energy stocks drag

(Reuters) - Wall Street's main indexes edged lower on Thursday as declines in healthcare and energy stocks paused a rally that had driven the Dow to its fastest ever 1,000 point gain.

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Trump's ex-aide Bannon to appear again before House intelligence panel

WASHINGTON (Reuters) - Former White House strategist Steve Bannon was expected to return on Thursday to testify before the House of Representatives' intelligence committee, two days after refusing to answer questions about his time with the Trump administration or the transition period leading to it.

cnn.com

Senate must pass FISA Section 702 to protect Americans

For Americans, September 11, 2001 will forever be etched into our memories. The world watched as an always resolute nation fell victim to a horrific act of terror on its own soil. Our enemies celebrated in a seemingly impervious nation being brought to its knees, if only for a moment.

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Amazon Chooses 20 Finalists for Second Headquarters

The list released Thursday leaned toward cities in the Midwest and on the East Coast, and away from the tech-saturated hubs of the West Coast.

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Wall Street opens flat as energy stocks weigh

(Reuters) - Wall Street's main indexes opened little changed on Thursday as energy stocks took a hit from lower oil prices.

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EU antitrust regulators clear Qualcomm purchase of NXP

BRUSSELS (Reuters) - EU antitrust regulators have approved U.S. smartphone chipmaker Qualcomm's planned $38 billion acquisition of NXP Semiconductors subject to a series of commitments Qualcomm has made.

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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.

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U.S. housing starts fall; jobless claims hit 45-year low

WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, amid a steep decline in the construction of single-family housing units following two months of hefty gains.

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U.S. housing starts down sharply on drop in single-family units

WASHINGTON, Jan 18 (Reuters) - U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, amid a steep decline in the construction of single-family housing units following two months of hefty gains.

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U.S. jobless claims fall to 45-year low

WASHINGTON, Jan 18 (Reuters) - The number of Americans filing for unemployment benefits fell more than expected last week to the lowest level in 45 years, but the decline likely overstated the health of the labor market as data for several states were estimated.

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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.

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Canada heads back to gold medal drawing board

TORONTO (Reuters) - When the International Olympic Committee opened the doors of the Winter Games to National Hockey League players in 1998 picking a Team Canada was so simple everyone could do it. And they did.

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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.

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Stock futures edge higher after Morgan Stanley results

(Reuters) - Bullish global economic signals and gains for Morgan Stanley drove a rise in U.S. stock futures on Thursday, a day after the Dow extended a new year rally to close above 26,000 for the first time.

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Morgan Stanley quarterly profit tanks; adjusted profit beats view

(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 helped offset a drop in trading revenue.

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Congress to vote Thursday for funding bill to avoid government shutdown

WASHINGTON (Reuters) - Republican leaders in the U.S. Congress stepped up their efforts to pass a temporary extension in funding government operations and avert a shutdown, scheduling a vote on the measure for later Thursday.

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Republicans in Congress push for vote to avoid shutdown

WASHINGTON (Reuters) - Republican leaders in the U.S. Congress stepped up their efforts to pass a temporary extension in funding and prevent the federal government from shutting down, scheduling a vote on the measure for later on Thursday.

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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.

cnn.com

Trump pushes back in morning tweet

With less than two days until the government shutdown deadline, lawmakers are trying to strike a deal for a short term budget resolution, and President Trump continues to defend his original border wall promise.

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Lexus, Infiniti luxury car brands test ways to fight Tesla, German rivals

DETROIT (Reuters) - Japanese luxury auto brands Lexus and Infiniti are using the Detroit auto show to test new ways to regain momentum against Germany's prestige automakers and Silicon Valley's Tesla Inc .

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BMW aims to outsell Mercedes by 2020: CEO tells Manager Magazin

FRANKFURT (Reuters) - BMW aims to overtake rival Mercedes-Benz in terms of annual deliveries within two years, Chief Executive Harald Krueger told German monthly Manager Magazin.

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'Pyongyang Olympics?' Backlash reveals changing attitudes in South Korea

SEOUL (Reuters) - An agreement between South and North Korea to march under a unity flag and field a joint ice hockey team at next month's Olympics was met sharp criticism by many in the South on Thursday, highlighting changing attitudes toward the country's northern neighbor.

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Strong China data cranks up pressure on bond markets

LONDON (Reuters) - Strong Chinese data on Thursday kept world stocks hovering near record highs, as bond markets pushed U.S. Treasury yields - the benchmark for global borrowing costs - to a 10-month high.

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Asia stocks touch record highs after Wall St. surge, dollar edges back

TOKYO (Reuters) - Asian stocks struck record highs on Thursday, with a rally by Wall Street supporting bullish investor sentiment, while the dollar pulled back from three-year lows as comments by European Central Bank officials tempered the euro's recent rally.

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GLOBAL MARKETS-Asia stocks touch record highs after Wall St surge, dollar edges back

* MSCI Asia-Pacific index hits record high, 26-yr peak for Nikkei

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Exclusive: Amazon Studios to cut back on indie films in programing shift: sources

SAN FRANCISCO/NEW YORK (Reuters) - Amazon.com Inc, which has made waves in recent years buying art-house movies at the Sundance Film Festival, is heading to the prestigious event this week with a long-term change in the works: It plans to shift resources from independent films to more commercial projects, people familiar with the matter told Reuters.

cnn.com

Fearing Trump blowback, GOPers say 'no thanks' to 2018

Politicians -- good ones, at least -- make their bones by knowing which way the wind is blowing. And right now, it's a gale force gust right in the faces of Republicans.

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

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

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Old hands in South Korea Bitcoin market unfazed by threats of ban

SEOUL/HONG KONG (Reuters) - Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent.

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Peugeot CEO outlines ambitious plan to re-enter U.S., go electric

DETROIT (Reuters) - Peugeot SA Chief Executive Carlos Tavares said on Wednesday the French automaker is using the know-how of former Opel engineers acquired from General Motors Co to develop vehicles to re-enter the U.S. market, and said Peugeot will offer electrification as an option on all its vehicles by 2025.

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WTA Finals to move to Shenzhen from Singapore in 2019

MELBOURNE (Reuters) - China's growing influence over women's tennis moved up a notch on Thursday when the southern metropolis of Shenzhen was announced as the new venue for the season-ending WTA Finals from 2019 to 2028.

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Asia stocks reach record highs after Wall St. surge, dollar edges back

TOKYO (Reuters) - Asian stocks struck record highs on Thursday, with a rally by Wall Street supporting bullish investor sentiment, while the dollar pulled back from three-year lows as comments by European Central Bank officials tempered the euro's recent rally.

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Oil producer Obsidian Energy hits back at activist FrontFour Capital

Jan 17 (Reuters) - Canadian oil sands producer Obsidian Energy Ltd said on Wednesday it could not add major shareholder FrontFour Capital's candidate to its board, despite "extensive" negotiations.