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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.

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.

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-Philip Morris International Says It Has Decided To Request Voluntary Delisting Of Its Shares From Euronext Paris.​

* SAYS IT HAS DECIDED TO REQUEST VOLUNTARY DELISTING OF ITS SHARES FROM EURONEXT PARIS.​

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.

cnn.com

Detroit man deported to Mexico after 30 years in US

Jorge Garcia, a 39-year-old landscaper and father of two who has lived in the United States for 30 years, said a painful goodbye to his family at the Detroit Metro Airport early Monday morning.

worldNews reuters.com

Bangladesh agrees with Myanmar to complete Rohingya return in two years

DHAKA (Reuters) - Bangladesh has agreed to complete the process of returning Rohingya Muslims to Myanmar within two years after repatriation begins, the south Asian nation said on Tuesday, following a meeting of the neighbors to implement a pact signed last year.

worldNews reuters.com

Blast injures several in Belgium, terrorism ruled out: police

BRUSSELS (Reuters) - An explosion injured several people and brought down a residential building in the Belgian city of Antwerp on Monday evening, police said, stressing the incident was not related to terrorism.

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)

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)

healthNews reuters.com

Insurance billing notices threaten young adults’ confidentiality

(Reuters Health) - Young adults can remain on their parents’ health insurance policies until they turn 26, but when they use it for counseling, pregnancy tests, addiction treatment or anything else, insurers frequently notify their parents.

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

UPDATE 3-Shell OKs first UK North Sea project in six years

* Project to generate profit even at sub-$40 oil price (Adds ownership details in last paragraph)

technologyNews reuters.com

Samsung aims to double Africa's share of its revenues in five years

NAIROBI (Reuters) - South Korea's Samsung Electronics plans to double the annual revenue contribution from its African markets to 20 percent of the firm's global total in the next five years, the head of its business on the continent said on Monday.

businessNews reuters.com

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

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

companyNews reuters.com

GRAPHIC-CME copper volumes surge in 2017 on lower costs as rivals fade

By Melanie Burton MELBOURNE, Jan 15 (Reuters) - CME Group won a bigger slice of the copper market in 2017 from its rivals in London and Shanghai, a Reuters analysis of exchange data showed, a trend that is expected to continue though this year. Trades of CME's Comex copper contract surged 25.7 percent last year to a record of more than 300 million tonnes, the analysis showed. That makes Comex the world's second-biggest contract by volume. At the London Metal Exchange (LME), holde

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

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.

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.

cnn.com

Watch Bill Murray spoof Bannon on 'SNL'

Bill Murray surprised the audience on NBC's "Saturday Night Live", debuting in the show's opening sketch as former Trump White House chief strategist, Steve Bannon.

cnn.com

Bill Murray debuts his Steve Bannon on 'SNL'

cnn.com

Bill Clinton: Accusation that foundation paid for daughter's wedding is an insult

Former President Bill Clinton on Saturday denied accusations that his charity used donations for Haiti to pay for his daughter Chelsea's wedding to investment banker Mark Mezvinsky in 2010.

sportsNews reuters.com

Figureskating: Searching for the next Asada, Japan rebuilds

TOKYO (Reuters) - Japanese figure-skating fans head into next month's Pyeongchang Winter Olympics in an unusual position with no-one in their once powerhouse women's team assuming the mantle of the retired Mao Asada.

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.

worldNews reuters.com

Nigerian Shi'ite leader, rumored dead, makes first public appearance in two years

ABUJA (Reuters) - The leader of Nigeria's Shi'ite Muslim sect, rumored to have died in detention, made his first public appearance in two years on Saturday, after police arrested dozens of members of the group during protests calling for his release this week.

technologyNews reuters.com

Ex-mobile phone industry executive gets five years for text message scam

NEW YORK (Reuters) - A former mobile phone industry executive was sentenced to five years in prison on Friday after he was found guilty of defrauding cellphone customers by charging them millions of dollars for unwanted text messages.

cnn.com

Chris Matthews apologizes for making comment about 'Bill Cosby pill' before interviewing Hillary Clinton

businessNews reuters.com

U.S. airlines November on-time rates highest in eight years

NEW YORK (Reuters) - U.S. airlines in November had their highest on-time arrival rates in eight years, the U.S. Department of Transportation said on Friday, setting another watermark in a record-breaking year for safety and performance.

companyNews reuters.com

U.S. airlines November on-time rates highest in 8 years

NEW YORK, Jan 12 (Reuters) - U.S. airlines in November had their highest on-time arrival rates in eight years, the U.S. Department of Transportation said on Friday, setting another watermark in a record-breaking year for safety and performance.

sportsNews reuters.com

Factbox: Mascots at Winter Olympics through the years

(Reuters) - A list of the mascots for the Winter Olympics from 1968-2018:

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.

Automobiles nytimes.com

G.M. Says Its Driverless Car Could Be in Fleets by Next Year

Once federal and state agencies grant approval, the electric vehicle will be ready for production on a standard assembly line, the automaker said.

cnn.com

Treasury chief still won't commit to Tubman on $20 bill

companyNews reuters.com

BRIEF-General Dynamics Awarded $1 Billion Contract To Deliver Armored Vehicles To Romanian Army

* GENERAL DYNAMICS AWARDED $1 BILLION CONTRACT TO DELIVER PIRANHA 5 WHEELED ARMORED VEHICLES TO ROMANIAN ARMY

businessNews reuters.com

Wells Fargo adds $3.25 billion to consumer legal bill in fourth quarter

(Reuters) - Wells Fargo & Co set aside $3.25 billion in the fourth quarter to cover legal expenses related to probes into its mortgage and sales practices, but its 2018 cost outlook met analyst expectations as the bank tries to rebound from the scandal in its consumer banking business.

Australian Open (Tennis) nytimes.com

Billie Jean King Says Margaret Court Arena’s Name Should Change

Court has made derogatory comments about gay and transgender people.

worldNews reuters.com

Syrian war will drag into next decade: senior Kurdish leader

BEIRUT (Reuters) - A Russian-led effort to end the war in Syria will fail and the conflict looks set to extend into the next decade, a top Syrian Kurdish politician told Reuters in an interview.

Banking and Financial Institutions nytimes.com

JPMorgan’s 4th-Quarter Profit Weathers $2.4 Billion Charge Tied to Tax Bill

The banking giant earned $4.2 billion after taking a $2.4 billion charge linked to the tax overhaul. Wells Fargo reported $6.2 billion in quarterly earnings after a $173 million charge.

Real Estate and Housing (Residential) nytimes.com

Getting a Roommate in Your Golden Years

As the baby boomers age, some are choosing to stay in their homes and take in boarders to help pay the rent or lend a hand with household chores.

topNews reuters.com

China's imports from North Korea plummet in December, lowest for four years

BEIJING (Reuters) - China's imports from North Korea plunged in December to their lowest level in dollar terms since at least the start of 2014, with trade curbed by U.N. sanctions aimed at persuading North Korea to abandon its ballistic missile and nuclear weapons programs.

companyNews reuters.com

Nikkei edges lower; Fast Retailing's gains limit losses

TOKYO, Jan 12 (Reuters) - Japan's Nikkei share average edged lower on Friday as weakness in exporters weighed on the index, but strong gains in index-heavy Fast Retailing on record quarterly profit limited the losses.

companyNews reuters.com

CORRECTED-EXPLAINER-How chip flaws Spectre, Meltdown work and what's next

(Corrects paragraph 7 to say Intel chips are not the only products affected) By Paresh Dave LAS VEGAS, Jan 11 (Reuters) - Smartphones, PCs and servers across the world have received software updates in recent days to plug security gaps on computer chips that cyber security researchers have described as the most serious threat in years. Researchers identified the problem last year, shared details with chip manufacturers last summer, and then made a public announcement Jan. 3.

Ford, Harold E Jr nytimes.com

A Wall St. Executive’s Downfall Seemed Sudden. It Was Years in the Making.

A female reporter accused Harold E. Ford Jr., a former congressman, of inappropriate behavior. Morgan Stanley found no proof but fired him. How one Wall Street firm responded to misconduct allegations.

technologyNews reuters.com

Explainer: How chip flaws Spectre, Meltdown work and what's next

LAS VEGAS (Reuters) - Smartphones, PCs and servers across the world have received software updates in recent days to plug security gaps on computer chips that cyber security researchers have described as the most serious threat in years.

technologyNews reuters.com

SS&C boosts banking software heft with $5.4 billion DST deal

(Reuters) - SS&C Technologies Holdings Inc said on Thursday it would buy DST Systems Inc in a $5.4 billion deal, expanding its financial technology software prowess through its largest deal to date.

businessNews reuters.com

Corporations may dodge billions in U.S. taxes through new loophole: experts

WASHINGTON (Reuters) - A loophole in the new U.S. tax law could allow multinational corporations like Apple Inc to avoid paying billions of dollars in taxes on profits stashed overseas, according to experts.

businessNews reuters.com

Fiat Chrysler to invest $1 billion in Michigan plant, add 2,500 jobs

DETROIT (Reuters) - Fiat Chrysler Automobiles said on Thursday it will shift production of Ram heavy-duty pickup trucks from Mexico to Michigan in 2020, a move the automaker said was enabled "by the passage of U.S. tax reform legislation" in December.

companyNews reuters.com

Corporations may dodge billions in U.S. taxes through new loophole -experts

WASHINGTON, Jan 11 (Reuters) - A loophole in the new U.S. tax law could allow multinational corporations like Apple Inc to avoid paying billions of dollars in taxes on profits stashed overseas, according to experts.

PersonalFinance reuters.com

U.S.-based equity funds attract $12 billion of new cash in latest week: Lipper

NEW YORK (Reuters) - Investors' appetite for risk was on display this week as U.S.-based equity mutual funds attracted $1.45 billion of net inflows, their third straight week of inflows, and...

companyNews reuters.com

UPDATE 8-U.S. House passes NSA spying bill after Trump tweets cause confusion

Jan 11 (Reuters) - The U.S. House of Representatives on Thursday passed a bill to renew the National Security Agency's warrantless internet surveillance program, overcoming objections from privacy advocates and confusion prompted by morning tweets from President Donald Trump that initially questioned the spying tool.

cnn.com

Bannon to meet with House panel next week, source says

Former White House chief strategist Steve Bannon has retained a top Washington lawyer to represent him in his closed-door interview with the House Intelligence Committee expected next week, a source confirmed to CNN.

healthNews reuters.com

Portuguese doctors back marijuana medicine as bill enters parliament

LISBON (Reuters) - Portugal's influential Doctors' Association called for the legalization of marijuana-based medicines on Thursday, the same day parliament started to debate a draft bill that goes even further in seeking to allow patients to grow pot at home.

politicsNews reuters.com

House passes NSA spying bill after Trump tweets cause confusion

(Reuters) - The U.S. House of Representatives on Thursday passed a bill to renew the National Security Agency's warrantless internet surveillance program, overcoming objections from privacy advocates and confusion prompted by morning tweets from President Donald Trump that initially questioned the spying tool.

companyNews reuters.com

UPDATE 6-U.S. House passes NSA spying bill after Trump tweets cause confusion

Jan 11 (Reuters) - The U.S. House of Representatives on Thursday passed a bill to renew the National Security Agency's warrantless internet surveillance program, overcoming objections from privacy advocates and confusion prompted by morning tweets from President Donald Trump that initially questioned the spying tool.

businessNews reuters.com

Lower taxes and tight labor market prompt Walmart to hike U.S. wages

NEW YORK (Reuters) - Walmart Stores Inc will raise entry-level wages for U.S. hourly employees to $11 an hour in February as it benefits from last month's major overhaul of the U.S. tax code and competes for low wage workers in a tight labor market.

cnn.com

Trump's abrupt reversal on surveillance bill

President Donald Trump complicated a closely coordinated effort between his administration and congressional Republican leadership on a six-year extension of Section 702 of the Foreign Intelligence Surveillance Act, otherwise known as FISA.

businessNews reuters.com

With a lower tax bill in sight, Walmart to raise its U.S. minimum wage

NEW YORK (Reuters) - Walmart Stores Inc will raise entry-level wages for U.S. hourly employees to $11 an hour in February as it benefits from last month's major overhaul of the U.S. tax code, the company said on Thursday.

businessNews reuters.com

Walmart uses lower U.S. tax bill to raise minimum wage to $11 an hour

NEW YORK (Reuters) - Walmart Stores Inc said on Thursday it would raise entry-level wages for hourly employees to $11 an hour as it benefits from the biggest overhaul of the U.S. tax code in 30 years.

PersonalFinance reuters.com

Bill Gross of Janus: 'Bonds, like men, are in a bear market'

NEW YORK (Reuters) - Billionaire bond veteran Bill Gross of Janus Henderson said on Thursday that the U.S. Treasury market has begun a bear market, though "not a dangerous one" for investors.

politicsNews reuters.com

China opposes U.S. pro-Taiwan bills welcomed by Taipei

BEIJING (Reuters) - China on Thursday expressed firm opposition to a decision by the U.S. House of Representatives to pass two pieces of pro-Taiwan legislation, but Taipei welcomed them as helping to strengthen ties with Washington.

companyNews reuters.com

Dutch regulator to study proposals for lower gas production

AMSTERDAM, Jan 11 (Reuters) - The Dutch State Supervision of Mines, which regulates the gas sector, will respond to proposals to lower gas production in the Groningen field on Thursday, but will not immediately specify how much production should be cut, a spokeswoman said.

worldNews reuters.com

Tunisia deploys army in several cities as violent protests intensify

TUNIS (Reuters) - Over 300 protesters were arrested overnight and the army was deployed in several Tunisian cities in violent demonstrations over prices, taxes and unemployment that have swept the country.

companyNews reuters.com

MIDEAST STOCKS-Gulf markets flat to lower early on; many Saudi petchems lose steam

DUBAI, Jan 11 (Reuters) - Gulf stock markets were flat to lower in early trade on Thursday as many Saudi petrochemical shares lost steam after rising earlier this week as oil prices hit 2 1/2-year highs.

companyNews reuters.com

Nikkei edges lower as strong yen bites; cryptocurrency stocks tumble

TOKYO, Jan 11 (Reuters) - Japan's Nikkei share average ended lower on Thursday, hit by declines in automakers and electronic component makers as the strong yen soured investor appetite.

businessNews reuters.com

South Korea's justice minister says preparing a bill to ban cryptocurrency trading

SEOUL (Reuters) - South Korea's justice minister said on Thursday the ministry is preparing a bill to ban cryptocurrency trading through its exchanges.

companyNews reuters.com

Nikkei edges lower as strong yen bites; banks higher

TOKYO, Jan 11 (Reuters) - Japan's Nikkei share average edged lower on Thursday morning, hit by declines in automakers and electronic component makers as the strong yen soured investor appetite.

businessNews reuters.com

SEC seeks trustee for firm behind alleged $1 billion Ponzi fraud

WILMINGTON, Del. (Reuters) - The U.S. Securities and Exchange Commission urged a federal judge on Wednesday to appoint a trustee to manage the Woodbridge Group of Companies, a bankrupt property developer the regulator accused of being a $1.2 billion Ponzi scheme.

cnn.com

White House personal cell ban starts next week

The White House ban on staffers using personal cellphones in the West Wing will go into effect next Tuesday, according to an internal memo sent Wednesday by chief of staff John Kelly.

businessNews reuters.com

Toyota, Mazda announce $1.6 billion plant for Huntsville, Alabama

MONTGOMERY, Ala. (Reuters) - Toyota Motor Corp and Mazda Motor Corp announced Wednesday they will build a $1.6 billion joint assembly plant in Alabama that will employ up to 4,000 workers, a boost for President Donald Trump who wants automakers to expand U.S. production.

companyNews reuters.com

Indian regulator bars Price Waterhouse from auditing listed firms for 2 years

MUMBAI, Jan 11 (Reuters) - India's capital market regulator late on Wednesday barred Price Waterhouse from auditing listed companies in the country for two years, after a probe into a nearly decade-old accounting fraud case in a software services company that became India's biggest corporate scandal.

companyNews reuters.com

Toyota, Mazda confirm $1.6 billion plant for Alabama

MONTGOMERY, Alabama Jan 10 (Reuters) - Toyota Motor Corp and Mazda Motor Corp confirmed Wednesday they will build a $1.6 billion joint venture assembly plant in Alabama that will employ up to 4,000 workers, a boost for President Donald Trump who wants automakers to expand U.S. production.

companyNews reuters.com

LPC: Boardriders backs Billabong acquisition with US$600m of loans

NEW YORK, Jan 10 (Reuters) - US surfwear retailer Boardriders Inc will use US$600m of loans to back its purchase of Australian peer Billabong International Ltd, according to three sources familiar with the matter.

healthNews reuters.com

Vermont senate passes bill to legalize marijuana use

(Reuters) - Vermont's senate on Wednesday passed a bill to legalize recreational marijuana use, which would make the state the first in the nation to do so through the legislative process rather than a ballot initiative.

PersonalFinance reuters.com

Investors strip most cash in four years from U.S. domestic stock funds

NEW YORK (Reuters) - Investors are slimming down equity stakes bloated by a nearly decade-long bull market, withdrawing $22 billion from U.S. domestic stock funds in a single week, Investment Company...

domesticNews reuters.com

California proposes a $131.7 billion budget for fiscal year 2018-19

(Reuters) - California Governor Jerry Brown proposes a $131.7 billion general fund budget for the upcoming fiscal year 2018-19, a 5.0 percent increase from the current fiscal year.

businessNews reuters.com

Wall Street lower after report China may slow U.S. bond purchases

(Reuters) - Wall Street's major indexes fell on Wednesday, stalling the rally that marked the start of 2018, after a report that China is considering slowing its purchases of U.S. government debt.

companyNews reuters.com

US STOCKS-Wall St lower after report China may slow U.S. bond purchases

* Indexes down: Dow 0.15 pct, S&P 0.19 pct, Nasdaq 0.41 pct (Changes comment, updates prices, adds details)

companyNews reuters.com

Dutch gas company NAM calls for lower production at Groningen field

AMSTERDAM, Jan 10 (Reuters) - Dutch gas company NAM on Wednesday proposed halting production at six points in the Groningen gas field and lowering overall production at the field in the wake of an earthquake earlier this week.

businessNews reuters.com

Wall Street opens lower after report China may slow U.S. bond buys

(Reuters) - Wall Street's main indexes opened lower on Wednesday, spooked by a report that China is considering slowing or halting purchases of U.S. government debt.

companyNews reuters.com

US STOCKS SNAPSHOT-Wall St opens lower after report China may slow U.S. bond buys

Jan 10 (Reuters) - Wall Street's main indexes opened lower on Wednesday, spooked by a report that China is considering slowing or halting purchases of U.S. government debt.

Corruption (Institutional) nytimes.com

Feature: The Mystery of the Exiled Billionaire Whistleblower

From a penthouse on Central Park, Guo Wengui has exposed a phenomenal web of corruption in China’s ruling elite — if, that is, he’s telling the truth.

companyNews reuters.com

BRIEF-Anheuser-Busch Inbev Announces Pricing Of EUR 4.25 Billion Notes

* ‍HAS COMPLETED PRICING OF EUR 4.25 BILLION AGGREGATE PRINCIPAL AMOUNT OF NOTES​

Face nytimes.com

Phys Ed: Facial Exercises May Make You Look 3 Years Younger

After ‘nonsurgical face-lifts,’ dermatologists noted significant improvements in the fullness of women’s cheeks.

Mazda Motor Corp nytimes.com

Toyota and Mazda Are Said to Pick Alabama for $1.6 Billion Plant

The Japanese automakers are planning to build an assembly plant that is expected to employ about 4,000 people and open by 2021.

Federal Taxes (US) nytimes.com

Power Companies Got a Tax Cut. Will Your Bill Reflect It?

Some utilities say they will pass savings from the tax law to ratepayers. Attorneys general in several states are calling for federal action as well.

businessNews reuters.com

Toyota, Mazda to build $1.6 billion plant in Alabama: sources

(Reuters) - Alabama will be the site of a new $1.6 billion Toyota Motor Corp and Mazda Motor Corp auto plant, a victory for President Donald Trump who had prodded manufacturers to build new U.S. facilities and threatened tariffs on foreign production, sources said on Tuesday.

businessNews reuters.com

Exclusive: Toyota, Mazda to build $1.6 billion plant in Alabama - sources

(Reuters) - Alabama will be the site of a new $1.6 billion Toyota Motor Corp and Mazda Motor Corp auto plant, a victory for President Donald Trump who had prodded manufacturers to build new U.S. facilities and threatened tariffs on foreign production, sources said on Tuesday.

cnn.com

Trump causes confusion about 'clean' bill

President Trump caused confusion about what a future bill for DACA would look like while hosting an immigration meeting with lawmakers at the White House.

cnn.com

Lawmakers admit they need another stopgap budget bill to avoid a shutdown

Ten days before the government would run out of funding, bipartisan negotiators are still struggling to reach a budget deal, and many lawmakers on Capitol Hill are already admitting Congress will need another stopgap bill to avoid a shutdown.

politicsNews reuters.com

White House: Lawmakers agreed immigration bill to focus on four areas

WASHINGTON (Reuters) - A bipartisan group of U.S. lawmakers on Tuesday agreed to work toward an immigration bill that focuses on four areas: border security, so-called chain migration, the visa lottery system and the plight of 'Dreamer' immigrants.

cnn.com

Trump ended protection for Salvadorans. These immigrants might be next

President Donald Trump's administration is significantly scaling back the number of immigrants granted what's known as Temporary Protected Status, which allows them to live and work legally in the US.

cnn.com

Amazon's next home could say a lot about diversity

In October, Jeff Bezos stepped to the podium at the Human Rights Campaign's annual dinner to deliver a speech befitting a social activist rather than a CEO.

cnn.com

McConnell reaches out to 'Hillbilly Elegy' author about Senate run

Senate Majority Leader Mitch McConnell has spoken to "Hillbilly Elegy" author JD Vance about a potential run for Senate in Ohio following GOP candidate Josh Mandel's unexpected departure from the race last week, a source familiar with the call confirmed to CNN.

domesticNews reuters.com

Billionaire Rennert files malpractice lawsuit over $213 million judgment

NEW YORK (Reuters) - Billionaire Ira Rennert has filed a $214 million malpractice lawsuit against his former law firm, after a jury found him liable for looting his magnesium company to build a huge mansion in New York's Hamptons.

cnn.com

'The Boondocks' predicted an Oprah 2020 win ... 12 years ago

So we've gotten to the point where Oprah running for president is a real thing we are talking about, which doesn't make a lot of sense. Why would she want to be president? She's already Oprah. Being a movie star/entertainment mogul/IRL Santa Claus/glamorous gardening cover model sounds a lot better than the Sisyphean burdens of White House life.

worldNews reuters.com

Chinese court jails two for life over $2.4 billion pyramid scheme

SINGAPORE (Reuters) - A Chinese court has sentenced two people to life imprisonment for fraud in a 15.6 billion-yuan ($2.39 billion) pyramid scheme that sucked in more than 200,000 people.

topNews reuters.com

Bill Clinton joins calls for release of Reuters journalists in Myanmar

YANGON (Reuters) - Calls grew on Tuesday for the release of two Reuters journalists in Myanmar facing accusations of breaching the country's Official Secrets Act, with former U.S. President Bill Clinton urging that they be freed immediately.

businessNews reuters.com

Infosys signs agreement with U.S. IRS; sees lower tax rate

(Reuters) - Indian software services company Infosys Ltd on Tuesday said it has signed an agreement with the U.S. Internal Revenue Service (IRS), resulting in an effective tax rate of about 100 basis points lower going forward.

companyNews reuters.com

BRIEF-Raytheon Co Says Awarded Contract Worth More Than $1.5 Billion

* RAYTHEON AWARDED CONTRACT WORTH MORE THAN $1.5 BILLION FOR ADDITIONAL PATRIOTâ„¢ INTEGRATED AIR AND MISSILE DEFENSE CAPABILITY

companyNews reuters.com

BRIEF-TSMC Orders Equipment For T$1.2 Billion From Super Micro Computer

Jan 9 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd :

Panmunjom (South Korea) nytimes.com

North and South Korea Begin First Direct Talks in Years

The two Koreas will discuss Kim Jong-un’s offer to send an Olympic delegation, but they may also touch on broader issues, reducing nuclear tensions.

cnn.com

Funky Ferris wheel reopens after 9 years

Most visitors to Osaka, Japan, have seen the bright yellow oblong-shaped Ferris wheel next to the famous Glico Man Sign billboard along the Dotonbori River.

companyNews reuters.com

BRIEF-Trinidad Drilling Ltd Lowers G&A Guidance By Nearly 20 pct

* ‍CO IS LOWERING ITS GUIDANCE FOR 2018 GENERAL AND ADMINISTRATIVE (G&A) EXPENSES TO $43 MILLION​

businessNews reuters.com

Blackstone's new insurance unit targets $100 billion in assets

(Reuters) - Blackstone Group wants to quadruple to $100 billion the assets it manages at its new unit for insurers as it seeks to boost returns for firms struggling under low interest rates, the unit's newly appointed chief said on Monday.

politicsNews reuters.com

Billionaire behind Trump impeachment ads to bankroll Democrats for House

WASHINGTON (Reuters) - Billionaire environmental activist Tom Steyer, who has spent millions on national ads calling for the impeachment of President Donald Trump, will spend $30 million this year trying to help Democrats win control of the U.S. House of Representatives, he announced on Monday.

Weather nytimes.com

These Billion-Dollar Natural Disasters Set a U.S. Record in 2017

A blow by blow of the cost of the major weather-related disasters this year.

Tax Shelters nytimes.com

G.O.P. Says Tax Bill Will Add Jobs in U.S. It May Yield More Hiring Abroad.

Supporters say the recently approved tax law will help American multinationals compete more aggressively overseas. Others see incentives to put factories overseas.

companyNews reuters.com

'The Greatest Showman' swings to top of Billboard 200 chart

LOS ANGELES, Jan 8 (Reuters) - The soundtrack for circus musical "The Greatest Showman" climbed its way to the top of the U.S. weekly Billboard 200 album chart on Monday, leaving offerings from Ed Sheeran and Taylor Swift as the runner-ups.

businessNews reuters.com

Berkshire may get $37 billion book value boost from U.S. tax cuts: Barclays

(Reuters) - Berkshire Hathaway Inc, the conglomerate run by Warren Buffett, may see its book value grow by $37 billion because of U.S. tax law changes enacted by President Donald Trump, Barclays Capital analysts estimated on Monday.

healthNews reuters.com

Ablynx soars after rejects Novo Nordisk's $3.1 billion biotech bid

COPENHAGEN/BRUSSELS (Reuters) - Denmark's Novo Nordisk, the world's biggest insulin maker, went public with a 2.6 billion euro ($3.1 billion) bid for Belgian biotech group Ablynx on Monday, seeking a new source of growth by bolstering its treatments for rare blood disorders.

environmentNews reuters.com

Weather disasters cost U.S. record $306 billion in 2017: NOAA

WASHINGTON (Reuters) - Weather and climate-related disasters cost the United States a record $306 billion in 2017, the third-warmest year on record, the U.S. National Oceanic and Atmospheric Administration (NOAA) said on Monday.

Amway Corp nytimes.com

Amway Made China a Billion-Dollar Market. Now It Faces a Crackdown.

Chinese regulators are questioning the tactics of companies that rely on sales representatives who recruit others below them. Sales by so-called multilevel marketing firms have surged.

topNews reuters.com

Kohl's outstrips peers in best holiday season in years

(Reuters) - Kohl's Corp posted far stronger same-store sales for the holidays than its bigger peers, as a revamp of its business model and a strategy to have more stand-alone department stores rather than at struggling shopping malls paid off.

businessNews reuters.com

S&P, Dow lower as healthcare, bank stocks drag

(Reuters) - The S&P 500 and the Dow were trading slightly lower on Monday, as losses in healthcare and financial stocks stalled Wall Street's strongest start to a year in a decade.

companyNews reuters.com

UPDATE 4-Kohl's outstrips peers in best holiday season in years

* Kohl's 6.9 pct same-store holiday sales growth dwarfs rivals'

companyNews reuters.com

US STOCKS-S&P, Dow lower as healthcare, bank stocks drag

* Nasdaq biotech index on track for its worst day since Oct. 26

technologyNews reuters.com

GoPro lowers sales view on weak demand, to exit drone business

(Reuters) - GoPro Inc on Monday said it expects lower fourth-quarter revenue, hit by weaker demand for cameras in the holiday season and plans to exit the drone business, sending its shares to a record low.

healthNews reuters.com

Ablynx shares soar after rejects Novo Nordisk's $3.1 billion bid

COPENHAGEN/BRUSSELS (Reuters) - Denmark's Novo Nordisk, the world's biggest insulin maker, went public with a 2.6 billion euro ($3.1 billion) bid for Belgian biotech group Ablynx on Monday as it seeks a new source of growth by bolstering its treatments for rare blood disorders.

healthNews reuters.com

$11 billion biotech binge fuels forecasts of 2018 M&A surge

LONDON (Reuters) - An $11 billion burst of biotech bids in just four days has fueled expectations of a 2018 surge in life science deals as large drugmakers shop for promising assets from smaller rivals.

technologyNews reuters.com

GoPro lowers sales view, to cut over 250 jobs after weak demand

(Reuters) - GoPro Inc said on Monday it expects fourth-quarter revenue to fall below its earlier forecast and lowered the price of its Hero6 cameras due to weak demand, and the action camera-maker also said it would cut more than 250 jobs.

cnn.com

The inevitability of Romney's next campaign

healthNews reuters.com

Novo Nordisk's $3.1 billion Ablynx bid rejected by Belgian biotech

COPENHAGEN/BRUSSELS (Reuters) - Denmark's Novo Nordisk, the world's biggest maker of insulin, went public with a 2.6 billion euro ($3.1 billion) bid for Belgian biotech group Ablynx on Monday as it seeks to bolster its treatments for rare blood disorders.

companyNews reuters.com

BRIEF-Schneider National Says CFO Will Be Retiring Within Next 6 Months

* SCHNEIDER NATIONAL SAYS ON JAN 5, LORI LUTEY, CO'S EXECUTIVE VICE PRESIDENT AND CFO, WILL BE RETIRING WITHIN NEXT 6 MONTHS - SEC FILING

companyNews reuters.com

Brazil's BNDES plans to repay $40 billion to the Treasury in 2018

SAO PAULO, Jan 8 (Reuters) - Brazil's state development bank BNDES plans to repay 130 billion reais ($40 billion) in loans to the Treasury this year, Carlos Thadeu de Freitas, its chief financial officer, was quoted as saying in the Monday edition of newspaper Valor Econômico.

businessNews reuters.com

World stock rally rolls on with best start in eight years

LONDON (Reuters) - World stock markets hovered close to all-time highs on Monday as the best start to a year in eight years showed little sign of running out of steam, with the combination of strong global growth and low inflation powering the appetite for risk.

companyNews reuters.com

GLOBAL MARKETS-World stock rally rolls on with best start in eight years

LONDON, Jan 8 (Reuters) - World stock markets hovered close to all-time highs on Monday as the best start to a year in eight years showed little sign of running out of steam, with the combination of strong global growth and low inflation powering the appetite for risk.

businessNews reuters.com

Oil stable on lower U.S. rig count, but below recent highs

SINGAPORE (Reuters) - Oil prices were stable on Monday, supported by a slight decline in the number of U.S. rigs drilling for new production, with crude holding just below near three-year highs reached last week.

entertainmentNews reuters.com

'Three Billboards' wins big as Golden Globes power through sex scandal

LOS ANGELES (Reuters) - Dark drama "Three Billboards Outside Ebbing, Missouri" was the big winner with four Golden Globes awards on Sunday on a night marked by scathing jokes about sexual harassment and passionate odes to those breaking their silence.

companyNews reuters.com

UPDATE 5-'Three Billboards' wins big as Golden Globes power through sex scandal

* Women unite by wearing black gowns (Recasts at end of show, adds quotes)

entertainmentNews reuters.com

'Three Billboards,' 'Lady Bird' win top Golden Globes

LOS ANGELES (Reuters) - Dark drama "Three Billboards Outside Ebbing, Missouri" and mother-daughter comedy "Lady Bird" were the top winners at the Golden Globe awards on Sunday on a night marked by barbed comments about sexual harassment in Hollywood and passionate odes to those breaking their silence on the issue.

companyNews reuters.com

UPDATE 4-'Three Billboards,' 'Lady Bird' win top Golden Globes

LOS ANGELES, Jan 7 (Reuters) - Dark drama "Three Billboards Outside Ebbing, Missouri" and mother-daughter comedy "Lady Bird" were the top winners at the Golden Globe awards on Sunday on a night marked by barbed comments about sexual harassment in Hollywood and passionate odes to those breaking their silence on the issue.

companyNews reuters.com

'Three Billboards' sweeps Golden Globe drama races with four wins

LOS ANGELES, Jan 7 (Reuters) - "Three Billboards Outside Ebbing, Missouri," about an enraged woman seeking vengeance for her murdered daughter in a small town, won the Golden Globe award for best drama film on Sunday.

sportsNews reuters.com

Grand slam breakthrough beckons for Next Gen leader Zverev

MELBOURNE (Reuters) - With Masters Series trophies, 'Big Four' scalps and an appearance at the ATP Tour Finals before his 21st birthday, grand slam success is seen as a matter of when, not if, for German wunderkind Alex Zverev.

businessNews reuters.com

Oil prices edge up on lower U.S. rig count, but below recent highs

SINGAPORE (Reuters) - Oil prices firmed on Monday on the back of a slight decline in the number of U.S. rigs drilling for new production, with crude holding just below near three-year highs reached last week.

companyNews reuters.com

UPDATE 1-Celgene to buy Impact Biomedicines for up to $7 billion

NEW YORK, Jan 7 (Reuters) - U.S. biotech pharmaceutical firm Celgene Corp said on Sunday that it had agreed to acquire Impact Biomedicines for as much as $7 billion, subject to certain milestones associated with regulatory hurdles and sales performance.

topNews reuters.com

France remembers Charlie Hebdo victims three years after attacks

PARIS (Reuters) - French President Emmanuel Macron led a somber tribute on Sunday to the 17 victims of attacks in Paris three years ago that marked the first of a wave of deadly Islamist assaults in France.

worldNews reuters.com

Cambodia marks 39 years since fall of brutal 'killing fields' regime

PHNOM PENH (Reuters) - Thousands of Cambodian survivors of the Khmer Rouge on Sunday marked 39 years since the fall of the brutal regime that killed an estimated 1.7 million people.

cnn.com

They've lived here legally for years. Now the US could send these 250,000 immigrants away

They number upwards of 250,000.

worldNews reuters.com

Eleven Saudi princes detained following protest over utility bills

RIYADH (Reuters) - Saudi authorities have detained 11 princes after they gathered at a royal palace in Riyadh in a rare protest against austerity measures that included suspending payment of their utility bills, Saudi media reported on Saturday.

topNews reuters.com

One winning ticket in Florida for Mega Millions jackpot, Powerball up next

CHICAGO (Reuters) - One ticket matching all six numbers was sold in Florida in the Mega Millions lottery jackpot of an estimated $450 million, the fourth largest in the game's history, the lottery said after Friday's drawing.

domesticNews reuters.com

Illegal immigrant acquitted in California shooting gets three years on gun charge

(Reuters) - An illegal immigrant acquitted in a fatal San Francisco shooting, in a verdict condemned by President Donald Trump, was sentenced to three years in prison on a lesser gun charge on Friday but credited for time already served behind bars, authorities said.

businessNews reuters.com

Bristol-Myers sees $3 billion tax hit in fourth quarter 2017

(Reuters) - Bristol-Myers Squibb Co will record a $3 billion charge in the fourth quarter of 2017 as a result of the U.S. tax reform law passed last month, the drugmaker said in a regulatory filing on Friday.

domesticNews reuters.com

California bill uses donations to avoid Trump tax changes

(Reuters) - A new proposal in California would allow residents to make donations instead of paying taxes in order to avoid the new federal tax plan’s cap on deductions of state taxes.

businessNews reuters.com

Morgan Stanley to take $1.25 billion hit in fourth-quarter from tax bill

(Reuters) - Morgan Stanley said on Friday it would take a $1.25 billion hit in its fourth-quarter earnings due to a cut in corporate tax rate as part of the U.S. tax code overhaul.

businessNews reuters.com

Race car driver Tucker gets more than 16 years for lending scheme

NEW YORK (Reuters) - A Kansas businessman and race car driver was sentenced to 16 years and 8 months in prison on Friday for crimes related to his online payday lending business, which prosecutors said made more $3.5 billion as it exploited millions of cash-strapped consumers.

cnn.com

Your next home could be made of bacteria

domesticNews reuters.com

Lottery fever: U.S. Powerball and Mega Millions jackpots top $1 billion

CHICAGO (Reuters) - U.S. lottery players on Friday and Saturday night will get two shots at record Powerball and Mega Millions jackpots that together topped $1 billion after going months without a winner.

cnn.com

Most unclaimed lottery prizes are small. But together, they add up to $2.89 billion

Corruption (Institutional) nytimes.com

Georgian Court Sentences Mikheil Saakashvili in Absentia to 3 Years in Prison

A Georgian court sentenced in absentia the former president to three years in prison for abusing his pardon powers while serving as president.

Wind nytimes.com

Dangerous Cold Is Next Threat for Storm-Battered East Coast

The winter storm that barreled from Florida to Maine and cloaked the East Coast in snow has moved on, but frigid air — and plenty of icy, then slushy, messes — will linger for days.

businessNews reuters.com

Morgan Stanley to take $1.25 billion hit in the fourth quarter from the tax bill

(Reuters) - Morgan Stanley said on Friday it would take a $1.25 billion hit in its fourth-quarter earnings due to a cut in corporate tax rate as part of the U.S. tax code overhaul.

cnn.com

Bomb cyclone leaves, but brutal cold is next

The good news: the major storm that gripped the East Coast is moving away. The bad news: the Northeast is not out of the woods.

topNews reuters.com

Global distressed-debt funds circle China again, eye $256 billion bad-loans market

BEIJING (Reuters) - Global distressed-debt specialists are stepping up their dealmaking in China after a decade, betting that the country is becoming serious about developing a market to tackle its $256 billion of official non-performing loans (NPLs).

companyNews reuters.com

UPDATE 2-Boardriders Inc to buy Australia's Billabong for about $155 mln

* Billabong shares rise 2.8 pct to A$0.99 (Recasts and adds buyer comment, analyst quote and shares)

United States International Relations nytimes.com

North and South Korea Agree to Border Talks Next Week

The talks to be held on the border between the two Koreas could lead to a thaw after years of tensions over the North’s nuclear weapons program.

Disabilities nytimes.com

Modern Love: How 30 Blocks Became 30 Years

A teenager in a wheelchair forges an unlikely but enduring relationship with the young woman hired to care for his infant half brother.

businessNews reuters.com

Uber ex-CEO Kalanick selling nearly a third of stake for $1.4 billion: source

(Reuters) - Uber Technologies Inc co-founder Travis Kalanick, who was ousted as chief executive in June, is selling nearly a third of his 10 percent stake in the ride-services company for about $1.4 billion, a person familiar with the matter said on Thursday.

companyNews reuters.com

UPDATE 1-Boardriders Inc to buy Australia's Billabong for about $155 mln

Jan 5 (Reuters) - Sports apparel seller Billabong International Ltd said on Friday it had entered an agreement with Boardriders Inc for the U.S.-based firm to buy the Australian company for about A$197.7 million ($155 million).

entertainmentNews reuters.com

Jimmy Iovine to leave Apple Music in August: Billboard

(Reuters) - Music mogul Jimmy Iovine is said to leave Apple Inc's music streaming service in August, the Billboard magazine reported on Thursday, citing sources.

companyNews reuters.com

Jimmy Iovine to leave Apple Music in August - Billboard

Jan 4 (Reuters) - Music mogul Jimmy Iovine is said to leave Apple Inc's music streaming service in August, the Billboard magazine reported on Thursday, citing sources.

companyNews reuters.com

Boardriders Inc to buy Australia's Billabong for about $155 mln

Jan 5 (Reuters) - Sports apparel seller Billabong International Ltd said on Friday it had entered an agreement with Boardriders Inc for the U.S.-based firm to buy the company for about A$197.7 million ($155 million).

PersonalFinance reuters.com

U.S. stock funds post $8.4 billion outflows during week: Lipper

NEW YORK (Reuters) - U.S. fund investors pulled $8.4 billion from stocks and funneled $3.3 billion into taxable bonds during the most recent week, responding to a strong year of market gains...

businessNews reuters.com

Shareholders in Brazil demand Petrobras match $3 billion U.S. settlement

RIO DE JANEIRO (Reuters) - Brazilian shareholders of state-controlled Petroleo Brasileiro SA are petitioning a Brazilian court to be paid on similar terms as those given to U.S. shareholders in a $2.95 billion settlement, a lawyer told Reuters on Thursday.

politicsNews reuters.com

Trump to host bipartisan meeting on 'Dreamers' next week

WASHINGTON (Reuters) - Urgent negotiations aimed at shielding young, undocumented immigrants from deportation intensified on Thursday as Republican senators emerged from a meeting with President Donald Trump expressing confidence a deal could be struck this month.

businessNews reuters.com

Brookfield Business Partners to buy Westinghouse for $4.6 billion

(Reuters) - An affiliate of Canada's Brookfield Asset Management Inc plans to acquire Westinghouse Electric Co LLC, the bankrupt nuclear services company owned by Toshiba Corp , for $4.6 billion.

oddlyEnoughNews reuters.com

Growing obsession: Palestinian stuffs pillows with 67 years of hair

TUBAS, West Bank (Reuters) - Palestinian mother Ezzeya Daraghmeh opens up a pillowcase and pulls out large clumps of her multi-colored hair that she has kept for nearly seven decades.

companyNews reuters.com

RPT-Euronext becomes latest exchange to escape competition rule

PARIS/LONDON, Jan 4 (Reuters) - Euronext has joined a growing list of exchanges to win a reprieve from a new rule aimed at promoting competition in clearing services for derivatives trades.

companyNews reuters.com

BRIEF-Tivo Introduces Next-Gen Platform, A Game-Changing Tv Solution

* TIVO INTRODUCES NEXT-GEN PLATFORM, A GAME-CHANGING TV SOLUTION Source text for Eikon: Further company coverage:

companyNews reuters.com

UPDATE 1-CVS Health sees Q4 EPS at lower end of previous forecast

Jan 4 (Reuters) - CVS Health Corp on Thursday forecast quarterly adjusted earnings per share at the lower end of its previous outlook and said the overhaul of the tax code would increase cash flow by about $1.2 billion.

businessNews reuters.com

U.S. jobless claims rise, data for several states estimated

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits rose for a third straight week last week, but that likely does not suggest a material shift in labor market conditions as data for several states, including California, were estimated.

companyNews reuters.com

BRIEF-Office Depot Says Entered Into Letter Agreement With CFO Joseph Lower

* OFFICE DEPOT SAYS ENTERED INTO LETTER AGREEMENT WITH CFO JOSEPH LOWER - SEC FILING

cnn.com

Major chip flaws affect billions of devices

politicsNews reuters.com

New York reviewing tax system changes after new federal tax bill

NEW YORK (Reuters) - New York Governor Andrew Cuomo said on Wednesday the state is developing a plan to restructure its current income and payroll tax system in reaction to the massive U.S. federal tax overhaul passed along party lines in late December.

cnn.com

Tax reform could mean bigger windfall for next winner

cnn.com

Auto sales fall for first time in 9 years

companyNews reuters.com

BRIEF-Office Depot Says Joseph Lower Appointed CFO

* OFFICE DEPOT INC ANNOUNCES APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER

businessNews reuters.com

Petrobras to pay $2.95 billion to settle U.S. corruption lawsuit

NEW YORK (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA on Wednesday agreed to pay $2.95 billion to settle a U.S. class action corruption lawsuit, in what was said to be the biggest such payout in the United States by a foreign entity.

businessNews reuters.com

AmEx to post fourth-quarter loss on $2.4 billion hit from tax legislation

(Reuters) - American Express Co said it expects to report a fourth-quarter loss due to a $2.4 billion hit from the tax legislation which makes it cheaper for U.S. companies to repatriate profits.

worldNews reuters.com

Hezbollah: Syrian war will be over in 1-2 years

BEIRUT (Reuters) - The leader of Lebanon's Iran-backed Hezbollah group said on Wednesday the Syrian war, now in its seventh year, will be finished in one or two years at most.

sportsNews reuters.com

Bills running back McCoy day-to-day for playoffs

(Reuters) - The Buffalo Bills could be without their best offensive weapon when they play their first playoff game in 18 years on Sunday as injured running back LeSean McCoy sat out practice on Wednesday.

businessNews reuters.com

Automakers post lower December U.S. sales, weaker year lies ahead

DETROIT (Reuters) - Most major automakers on Wednesday reported lower December U.S. sales as they look ahead to weaker sales in 2018 that will test pricing discipline in an industry where consumer discounts are already at elevated levels.

companyNews reuters.com

UPDATE 2-Automakers post lower December U.S. sales, weaker year lies ahead

DETROIT, Jan 3 (Reuters) - Most major automakers on Wednesday reported lower December U.S. sales as they look ahead to weaker sales in 2018 that will test pricing discipline in an industry where consumer discounts are already at elevated levels.

cnn.com

Two phones, two years, two calls: How North and South Korea reconnected

At 3.30 p.m. on Wednesday, a phone rang in a room in an uninhabited village in the demilitarized zone separating North and South Korea.

businessNews reuters.com

Automakers post lower December U.S. sales; eye taxes, rate hikes

DETROIT (Reuters) - Most major automakers on Wednesday reported lower December U.S. sales despite hefty consumer discounts, as higher interest rates and a new tax code cast uncertainty over their prospects in 2018.

companyNews reuters.com

UPDATE 1-Automakers post lower December U.S. sales; eye taxes, rate hikes

DETROIT, Jan 3 (Reuters) - Most major automakers on Wednesday reported lower December U.S. sales despite hefty consumer discounts, as higher interest rates and a new tax code cast uncertainty over their prospects in 2018.

environmentNews reuters.com

Storm cuts power to 225,000 households in France, one dead

PARIS (Reuters) - One man died on a ski slope and at least 15 were injured across northern and eastern France on Wednesday in a storm that has cut power to some 225,000 households, local authorities said.

businessNews reuters.com

Brazil's Petrobras settles U.S. corruption class action for $2.95 billion

NEW YORK (Reuters) - Petroleo Brasileiro SA , Brazil's state-controlled oil company, said on Wednesday it has agreed to pay $2.95 billion to settle a U.S. class action brought by investors who claim they lost money as a result of a corruption scandal.

cnn.com

This FL city hasn't seen snow in nearly 30 years -- until now

environmentNews reuters.com

First UK polar bear in 25 years born at Scottish zoo

EDINBURGH (Reuters) - A polar bear cub has been born in Britain for the first time in 25 years, the Royal Zoological Society of Scotland said on Wednesday.