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Stocks cheer $9 trillion year, downer for the dollar

businessNews reuters.com

LONDON/SYDNEY (Reuters) - Markets were ending 2017 in a party mood on Friday after a year in which a concerted pick-up in global growth boosted corporate profits and commodity prices, while benign inflation kept central banks from snatching away the monetary punch bowl. [Source]

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cnn.com

All the best flubs from Trump's first year

On President Trump's first anniversary in office, CNN's Jeanne Moos takes a look back at all his best flubs.

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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

As Trump begins second year, women stage nationwide protests

WASHINGTON (Reuters) - Many thousands of women and their male supporters turned out on Saturday for the second Women's March, a nationwide series of protests against U.S. President Donald Trump marking the end of his tumultuous first year in office.

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Women's March draws thousands as Trump term enters second year

WASHINGTON (Reuters) - Thousands of protesters turned out across the nation for the second Women's March on Saturday, marking the first anniversary of President Donald Trump's inauguration with rallies aimed at channeling female activism into political gains in elections this year.

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 .

cnn.com

One year later, Women's March returns

One year after women took to the streets in droves to protest President Donald Trump's inauguration, marchers are gathering again in cities across the country and around the world in sharp rebuke to Trump's presidency and in continuation of a still-growing international movement.

cnn.com

Trump misses Mar-a-Lago party: High-dollar fundraiser to go on without him

With the government shut down, President Donald Trump isn't going to Mar-a-Lago as he planned for his high-dollar fundraiser Saturday night.

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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.

Women's March Inc nytimes.com

Women’s March Returns a Year Later, as Movement Evolves

Rallies are scheduled to take place on Saturday and Sunday across the country and around the world. The #metoo moment has galvanized the movement in the last year.

cnn.com

How Trump changed the world in one year

In his first year as president, Donald Trump has torn at a thread running through international affairs for 75 years -- the idea of the United States as a predictable bastion of global stability and champion of Western values.

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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.

cnn.com

A year of Trump: (Almost) everything that happened

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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.

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Mexico ruling party hopeful proposes graft law to boost election campaign

MEXICO CITY (Reuters) - Struggling to kick-start his campaign and clean up the image of the graft-stained ruling party he hopes to lead to election victory, Mexican presidential hopeful Jose Antonio Meade on Friday proposed tougher anti-corruption legislation.

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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 .

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EMERGING MARKETS-Brazil stocks hold near all-time highs; Argentina stocks fall

(Updates prices) By Bruno Federowski BRASILIA, Jan 19 (Reuters) - Brazilian stocks hovered near all-time highs on Friday as optimism over the country's economic prospects sustained demand for local assets, while hopes of a tie-up with Boeing Co boosted shares of Embraer SA . The benchmark Bovespa stock index rose 0.32 percent, hitting an intraday record of 81,429. The bourse was supported by blue chips such as lenders Banco Bradesco SA and Itaú Unibanco Holding SA. Emerging mark

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.

politicsNews reuters.com

Kentucky man charged with attacking Senator Rand Paul last year

(Reuters) - A Kentucky man accused of a physical attack on U.S. Senator Rand Paul last November has been charged with assaulting a member of Congress, the U.S. Department of Justice said on Friday.

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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.

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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.

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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.

technologyNews reuters.com

Ex-IBM employee from China gets five years prison for stealing code

NEW YORK (Reuters) - A former software engineer for IBM in China was sentenced to five years in prison after he pleaded guilty to stealing proprietary source code from the company, prosecutors announced on Friday.

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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.

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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

politicsNews reuters.com

In year of drama and chaos, Pence quietly advances conservative agenda

WASHINGTON (Reuters) - In the run-up to President Donald Trump’s decision last month to recognize Jerusalem as Israel’s capital, Vice President Mike Pence, a conservative Christian who had long advocated for the move, did something he does only selectively: speak up.

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.

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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.

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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.

companyNews reuters.com

UPDATE 5-Schlumberger profit beats, sees stronger year for oil sector

HOUSTON Jan 19 (Reuters) - Schlumberger on Friday posted a fourth quarter loss on charges but beat Wall Street forecasts and gave an upbeat outlook, predicting its international operations would grow in 2018 for the first time in four years.

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.

companyNews reuters.com

US STOCKS-S&P, Nasdaq hit records, Dow muted as govt shutdown looms

* Dow up 0.03 pct, S&P up 0.3 pct, Nasdaq up 0.5 pct (Updates to late afternoon, changes byline, adds dateline NEW YORK)

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.

companyNews reuters.com

BRIEF-Verint Systems Says Reaffirming Non-GAAP Outlook For Year Ending Jan 31

* VERINT SYSTEMS - INTEND TO REAFFIRM, AND HEREBY REAFFIRMING, NON-GAAP OUTLOOK FOR YEAR ENDING JAN 31, 2018 ON CALL WITH EXISTING, POTENTIAL LENDERS Source text: (http://bit.ly/2DRS6Ct) Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

cnn.com

Opinion: Four ways Trump's first year has made us less safe

The Trump team, like so many administrations before them, has been preparing to sell the accomplishments of its first year in office. If the government shuts down, these efforts won't matter because it will all be overshadowed by the impact of the loss of government services on the public and a debate about who is responsible.

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.

worldNews reuters.com

Ex-Honduran minister gets nearly two-and-a-half years prison in U.S. drug case

NEW YORK (Reuters) - A former member of Honduran President Juan Orlando Hernandez's cabinet was sentenced by a New York federal judge to nearly 2-1/2 years in prison on Friday, after pleading guilty to attempting to launder drug money from the Central American country.

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.

companyNews reuters.com

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

* Dow off 0.21 pct, S&P up 0.16 pct, Nasdaq up 0.34 pct (Updates to early afternoon)

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.

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.

companyNews reuters.com

US STOCKS-Gains in consumer stocks prop up S&P, Nasdaq

* Dow off 0.15 pct, S&P 0.09 pct, Nasdaq 0.12 pct (Changes comment, updates prices, adds details)

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.

companyNews reuters.com

GLOBAL MARKETS-Equities climb amid shutdown threat, Treasury yields hit 3-year high

* Worries over possible U.S. government shutdown weigh on dollar

technologyNews reuters.com

Amazon boosts monthly fee for Prime by $2, maintains yearly rate

(Reuters) - Amazon.com Inc raised the monthly fee for the U.S. version of its fast-shipping and video-streaming service Amazon Prime by $2 on Friday, making the case for subscribers to upgrade to an annual plan.

companyNews reuters.com

Baltic index falls, capesizes post biggest weekly drop in 2 years

Jan 19 (Reuters) - The Baltic Exchange's main sea freight index fell on Friday and continued to linger around five month lows as the capesize segment recorded its biggest weekly percentage decline in two years.

companyNews reuters.com

CANADA STOCKS-TSX rises, led by bank and railroad shares

TORONTO, Jan 19 (Reuters) - Canada's main stock index rose on Friday, led by gains for the heavyweight financials group and industrial shares, while energy stocks were weighed by lower oil prices.

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.

companyNews reuters.com

US STOCKS-Amazon, Nike drive Wall Street higher

* Indexes up: Dow 0.05 pct, S&P 0.28 pct, Nasdaq 0.37 pct (Updates to open)

cnn.com

Fury but no fire: World confused after Trump's first year

A year has passed and the lights are still on: we aren't speaking Russian, or at war with North Korea, or Iran. We've not started a self-defeating trade spat with China. And right-wing populists like Brexit pioneer Nigel Farage and France's Marine Le Pen are even less relevant than they were at the beginning of 2017.

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.

companyNews reuters.com

CANADA STOCKS-TSX rises as broad-based gains offset losses for energy

TORONTO, Jan 19 (Reuters) - Canada's main stock index edged higher on Friday as broad-based gains offset losses for the energy group after oil prices fell.

companyNews reuters.com

EMERGING MARKETS-Brazil stocks hold near all-time highs; Embraer jumps

By Bruno Federowski BRASILIA, Jan 19 (Reuters) - Brazilian stocks hovered near all-time highs on Friday as optimism over the nation's economic prospects sustained demand for local assets, while hopes of a tie-up with Boeing Co boosted shares of Embraer SA . The benchmark Bovespa stock index rose 0.2 percent, supported by blue chips such as Vale SA and lenders Banco Bradesco SA and Itaú Unibanco Holding SA . Emerging markets kicked off the year with a rally as several reports show

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US STOCKS SNAPSHOT-Wall St opens higher as investors shrug off shutdown fears

Jan 19 (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.

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.

cnn.com

Last year she marched, now she's a councilwoman

For years, Stephe Koontz considered running for city council in Doraville, Georgia. But she let others talk her out of it, she said.

cnn.com

8-year-old dies of flu despite flu shot

Eight-year-old Tyler Dannaway died from the flu in Arkansas despite having received a flu shot.

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.

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.

companyNews reuters.com

US STOCKS-Futures climb as investors shrug off govt shutdown fears

Jan 19 (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

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

Sweden's government, Left party propose profit cap on welfare companies

STOCKHOLM (Reuters) - Sweden's center-left government and the Left Party has agreed to put forward a bill for a profit cap on private schools and care homes funded by taxpayers, they said on Friday.

cnn.com

Artists mark one year of Trump as president

This weekend marks the one-year anniversary of Donald Trump's inauguration. It also marks the one-year anniversary of the Women's March his election inspired, the largest single-day protest in the nation's history.

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.

companyNews reuters.com

EMERGING MARKETS-Emerging stocks set for 6th week of gains, yuan at 2-yr high

LONDON, Jan 19 (Reuters) - Emerging stocks pushed to a fresh near-decade high and were set for a sixth straight week of gains on Friday after Chinese growth data lifted Asian markets to a record peak and the yuan to a two-year high.

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.

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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.

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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.

companyNews reuters.com

GLOBAL MARKETS-Asia stocks rise on China growth, US govt funding woes dent dollar

* Evidence of accelerated Chinese econ growth support sentiment

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.

companyNews reuters.com

GLOBAL MARKETS-Asia stocks set record highs, US govt funding woes weigh on dollar

* Worries over possible US government shutdown weigh on dollar

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.

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.

cnn.com

Asia's most exciting hotel openings this year

It seems a new hotel opens up every day in Asia, where a tourism boom is expected to continue well into the next decade.

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.

companyNews reuters.com

GLOBAL MARKETS-Asia stocks near record highs, US funding woes weigh on dollar

* Dollar dips on worries over possible US government shutdown

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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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.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

cnn.com

Trump's first year gets mixed reviews

CNN's Bill Weir talks to voters in Monticello, Iowa one year into Donald Trump's presidency.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

companyNews reuters.com

UPDATE 1-N. American Q4 cocoa grind falls, 5-year low for 2017

NEW YORK, Jan 18 (Reuters) - North American cocoa grindings took a surprise fall in the fourth quarter of 2017 and nudged down to a five-year low for the full calendar year, data from the National Confectioners Association (NCA) showed on Thursday.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

Uber-SoftBank deal has closed, making SoftBank largest shareholder

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

Mayle, Peter nytimes.com

Peter Mayle, Who Wrote of ‘A Year in Provence,’ Is Dead at 78

Mr. Mayle, an Englishman, spawned a genre in 1989 with his travel memoir about renovating a house in Southern France.

businessNews reuters.com

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.

companyNews reuters.com

US STOCKS-Wall St treads water as rising interest rates balance tech growth

* Dow down 0.19 pct, S&P up 0.02 pct, Nasdaq up 0.16 pct (Updates to late afternoon, changes byline, adds dateline NEW YORK)

businessNews reuters.com

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.

worldNews reuters.com

Turkey detains five activists, including husband of freed German journalist: party

ANKARA (Reuters) - Turkish police on Thursday detained at least five members of two leftist parties, including the husband of German journalist Mesale Tolu, who was freed from prison last month, the Socialist Party of the Oppressed (ESP) said on social media.

businessNews reuters.com

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

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

businessNews reuters.com

CIBC eyes FirstCaribbean valuation around $1.4 billion: sources

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

Parties (Social) nytimes.com

5 Cheap(ish) Things to Help You Host the Perfect Super Bowl Party

From cups and cutlery to slow cookers and stain removers, we have your complete guide to party essentials.

cnn.com

12-year-old son breaks down over deported dad

The family of Jorge Garcia, the father of two who was deported to Mexico after 30 years in the US, made an emotional appearance on "The View" and vowed to continue to move forward.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

Deutsche Bank CEO says overhaul will take time

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

businessNews reuters.com

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.

businessNews reuters.com

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.

environmentNews reuters.com

Earth sweltered again in 2017: hottest year without an El Nino

OSLO (Reuters) - Last year was the second or third warmest on record behind 2016, and the hottest without an extra dose of heat caused by an El Niño event in the Pacific Ocean, the United Nations said on Thursday.

businessNews reuters.com

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.

Art nytimes.com

Meet Your Art Twin: A 400-Year-Old With an Oily Complexion

Art museum selfies are getting more personal as visitors seek their doppelgängers in paintings and sculptures. A new feature in a Google app has made the trend explode.

businessNews reuters.com

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.

businessNews reuters.com

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.

companyNews reuters.com

GLOBAL MARKETS-Stocks dip after rally as energy weighs; bond yields climb

* Dollar remains soft (Updates with U.S. market open, changes byline, dateline; previous LONDON)

businessNews reuters.com

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.

companyNews reuters.com

US STOCKS-Wall St slips from record as healthcare, energy drag

* Indexes down: Dow 0.3 pct, S&P 0.16 pct, Nasdaq 0.07 pct (Changes comment, adds details, updates prices)

companyNews reuters.com

WRAPUP 2-Cold weather chills U.S. homebuilding; jobless claims at 45-year low

WASHINGTON, Jan 18 (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.

businessNews reuters.com

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 .

Influenza nytimes.com

Questions and Answers About This Year’s Flu Season

The virus is widespread, and the vaccine is a poor match. But while some areas are hit hard, others have been spared, and deaths are not unusually common this season.

businessNews reuters.com

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.

companyNews reuters.com

CANADA STOCKS-TSX flat as financials gain, energy stocks fall

TORONTO, Jan 18 (Reuters) - Canada's main stock index was barely lower in morning trade on Thursday, as banks and other financial stocks pushed higher while the index was weighed by energy stocks including Husky Energy Inc, which has had its SeaRose operations suspended.

environmentNews reuters.com

2017 was second or third warmest year, behind 2016 - U.N.

OSLO (Reuters) - Last year was the second or third warmest on record behind 2016, and the hottest without an extra dose of heat caused by an El Niño event in the Pacific Ocean, the United Nations said on Thursday.

businessNews reuters.com

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.

businessNews reuters.com

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.

companyNews reuters.com

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

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

cnn.com

Trump's first year: The report card

It has been a crazy year in Washington. A new president came to town making big promises about how he would upend everything that was wrong with politics and assured his supporters that nothing could get in his way. So how did he do?

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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

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

businessNews reuters.com

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.

cnn.com

The 18 government shutdowns over 42 years

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

Morgan Stanley's wealth management business helps bank top estimates

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

businessNews reuters.com

Emirates hands Airbus A380 superjumbo lifeline with $16 billion order

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

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

Emirates hands A380 superjumbo lifeline with $16 billion order

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

companyNews reuters.com

US STOCKS-Futures edge higher after Morgan Stanley results

* Futures: Dow up 37 pts, S&P up 3.25 pts, Nasdaq off 1.25 pts

topNews reuters.com

China's 2017 GDP growth accelerates for first time in seven years

BEIJING (Reuters) - China's economy grew faster than expected in the fourth quarter of 2017, as an export recovery helped the country post its first annual acceleration in growth in seven years, defying concerns that intensifying curbs on industry and credit would hurt expansion.

businessNews reuters.com

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 .

companyNews reuters.com

BRIEF-Airgain ‍Reaffirms 2017 Sales Forecast Of 12 Pct To 15 Pct Growth Over Prior Year​

* AIRGAIN INC - ‍REAFFIRMS PREVIOUSLY ISSUED GUIDANCE FOR ITS SALES OUTLOOK FOR FISCAL YEAR 2017 OF 12% TO 15% GROWTH OVER PRIOR YEAR​

cnn.com

China's economy had a pretty great 2017, but this year could be tougher

businessNews reuters.com

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.

topNews reuters.com

China's 2017 GDP growth accelerates for first time in 7 years

BEIJING (Reuters) - China's economy grew faster than expected in the fourth quarter of 2017, as an export recovery helped the country post its first annual acceleration in growth in seven years, defying concerns that intensifying curbs on industry and credit would hurt expansion.

businessNews reuters.com

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.

cnn.com

Stocks: 4 things to know before the bell

companyNews reuters.com

FOREX-Dollar bounces from 3-year lows as U.S. yields rise

LONDON, Jan 18 (Reuters) - The dollar rose from a three-year low hit earlier in the day as a rise in U.S. Treasury yields prompted some investors to buy the greenback but the market remained cautious on the outlook for the currency amidst a lack of price pressures.

businessNews reuters.com

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.

companyNews reuters.com

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

companyNews reuters.com

Nikkei ends lower after hitting new 26-year high

TOKYO, Jan 18 (Reuters) - Japan's Nikkei share average ended lower on Thursday, pulling back from a new 26-year high as investors turned cautious, while real estate stocks and financial firms underperformed.

cnn.com

After 950 years, major artwork returns to England

The Bayeux Tapestry may leave France for the first time in 950 years, as the country considers loaning it for display in Britain.

France nytimes.com

After 950 Years, the Bayeux Tapestry Is Set to Be Displayed in Britain

The 11-century treasure, which depicts the Norman Conquest of Britain, has been moved very few times in its history.

businessNews reuters.com

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.

cnn.com

Aunt: I begged to see them for 20 years

Elizabeth Flores spoke to "Good Morning America" about learning of her sister and brother-in-law's alleged imprisonment of their 13 children.

businessNews reuters.com

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.

businessNews reuters.com

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.

companyNews reuters.com

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

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

businessNews reuters.com

Intel: Problem in patches for Spectre, Meltdown extends to newer chips

(Reuters) - Data center computers with Intel Corp's newer chips might reboot more often than normal because of problems with the patches issued to fix the so-called Spectre and Meltdown security flaws, the company said on Wednesday.

businessNews reuters.com

Peugeot CEO: All PSA vehicles will electrified by 2025

DETROIT (Reuters) - Peugeot SA Chief Executive Carlos Tavares said on Wednesday that by 2025 "the PSA Group will be 100 percent electrified," and will offer "no less than 40 electrified vehicles."

businessNews reuters.com

Trump says solar tariff decision coming soon, stakes huge for industry

LOS ANGELES/WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday he would announce a decision soon on whether to slap tariffs on imported solar panels, and quipped that when countries dump subsidized panels in the United States, “Everybody goes out of business.”

businessNews reuters.com

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

TOKYO (Reuters) - Asian stocks were near record highs on Thursday, with a rally by Wall Street supporting bullish investor sentiment, while the dollar pulled back from three-year lows as the euro's recent rally lost steam.

sportsNews reuters.com

Golf: Rahm returns to California a year older and much wiser

(Reuters) - Jon Rahm and Phil Mickelson head into this week's CareerBuilder Challenge with their careers heading in opposite directions.

companyNews reuters.com

BRIEF-Intel Says Firmware For Exploits Issued To 90 pct Of Intel CPUs Introduced In Past 5 Years‍​

* FIRMWARE UPDATES AND INITIAL PERFORMANCE DATA FOR DATA CENTER SYSTEMS‍​

businessNews reuters.com

Big portion of future GM electric vehicles for China market: executive

DETROIT (Reuters) - General Motors Co's China unit will sell a "substantial portion" of the automaker's future electric vehicles, GM China President Matt Tsien said on Wednesday.

businessNews reuters.com

Exclusive: Japan in driver's seat for Indian bullet train deals

NEW DELHI/TOKYO (Reuters) - Japanese steel and engineering companies are in the driver's seat to bag major supply contracts for a $17 billion Indian bullet train, several sources said, undermining a key component of Prime Minister Narendra Modi's economic policy - a push to 'Make in India'.

companyNews reuters.com

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

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

companyNews reuters.com

EMERGING MARKETS-Brazil stocks rise on foreign inflows, news events

SAO PAULO, Jan 17 (Reuters) - Brazil's benchmark Bovespa equities index registered strong gains on Wednesday, breaching the 81,000-point mark for the first time amid strong inflows of foreign capital and industry-related news that lifted some major stocks.

businessNews reuters.com

Verizon says new U.S. tax law to increase fourth-quarter earnings

NEW YORK (Reuters) - Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.

cnn.com

VA apologizes after surgery that allegedly left scalpel inside veteran for years

The Veterans Affairs Department has apologized following an incident where a scalpel was allegedly left inside the body of a veteran for years following surgery.

businessNews reuters.com

Alcoa misses estimate as Brazil drought hits production

(Reuters) - Aluminum producer Alcoa Corp's profit and revenue both missed market estimates for the fourth quarter as a drought in Brazil hit bauxite production and higher power prices in Spain boosted expenses, the company said on Wednesday.

cnn.com

History shows that a government shutdown would have severe consequences for the party in control

If House Republicans can't find a way to wrangle their always-fractious conference to support legislation that would avoid a government shutdown by Friday night, they are likely to bear the brunt of the blame for the closure and pay a serious political price as well.

businessNews reuters.com

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

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

businessNews reuters.com

Verizon says new U.S. tax law to increase 4th-qtr earnings

NEW YORK (Reuters) - Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.

cnn.com

Obama team bids wistful farewell in 'The Final Year'

Designed to make President Obama's supporters wistful and seemingly to irritate President Trump, "The Final Year" is an intriguing if overtly nostalgic fly-on-the-wall glimpse into the last year of the former's presidency, chronicled through the perspective of his national-security team.

businessNews reuters.com

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

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

businessNews reuters.com

Dow ends above 26,000 on earnings optimism

NEW YORK (Reuters) - U.S. stocks jumped on Wednesday and the Dow closed above 26,000 for the first time as investors' expectations for higher earnings lifted stocks across sectors.

companyNews reuters.com

US STOCKS-Dow ends above 26,000 on earnings optimism

* Boeing shares jump after announcing JV to make aircraft seats

companyNews reuters.com

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

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

businessNews reuters.com

Apple issues $2,500 bonuses to employees after new tax law: Bloomberg

(Reuters) - Apple Inc told its employees on Wednesday that the iPhone maker is issuing a bonus of $2,500 worth of restricted stock units following the new U.S. tax reform, Bloomberg reported, citing people familiar with the matter.

worldNews reuters.com

Exclusive: Trump denies U.S. embassy to be moved to Jerusalem within a year

WASHINGTON (Reuters) - President Donald Trump denied on Wednesday that the planned relocation of the U.S. embassy in Israel to Jerusalem would take place within a year, after Prime Minister Benjamin Netanyahu said he expected the controversial move to happen by then.

businessNews reuters.com

Exclusive: Trump considers big 'fine' over China intellectual property theft

WASHINGTON (Reuters) - President Donald Trump said on Wednesday the United States was considering a big "fine" as part of a probe into China's alleged theft of intellectual property, the clearest indication yet that his administration will take retaliatory trade action against China.

businessNews reuters.com

Shari Redstone explores adding new CBS directors: WSJ

(Reuters) - Shari Redstone has discussed adding new directors to the board of CBS Corp as she renews her push to merge the company with Viacom Inc, The Wall Street Journal reported Wednesday.

businessNews reuters.com

Regulatory fears hammer bitcoin below $10,000, half its peak

LONDON/TOKYO (Reuters) - Bitcoin fell as much as 20 percent on Wednesday, piercing below $10,000, while other cryptocurrencies took similar spills due to investor fears that regulators could clamp down on them in an effort to curb speculation.