News Trends, News Analysis, News Archive.



Wall Street quiet on last trading day of a strong year

businessNews reuters.com

NEW YORK (Reuters) - There were no fireworks on Wall Street for the last trading day of the year, as U.S. stocks closed out their best year since 2013 on a down note, with losses in technology and financial stocks keeping equities in negative territory for the session. [Source]

Related Articles

businessNews reuters.com

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

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

businessNews reuters.com

ADM pursues big ag merger with grain trader Bunge: WSJ

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

companyNews reuters.com

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.

businessNews reuters.com

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

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

businessNews reuters.com

ADM has made takeover approach to Bunge: WSJ

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

businessNews reuters.com

FTC makes second request on Broadcom's bid for Qualcomm

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

businessNews reuters.com

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

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

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.

businessNews reuters.com

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

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

businessNews reuters.com

Archer Daniels has made takeover approach to Bunge: WSJ

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

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.

businessNews reuters.com

Wall Street ends higher despite government shutdown threat

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

businessNews reuters.com

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

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

businessNews reuters.com

Delaware sues opioid manufacturers, distributors over epidemic

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

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.

cnn.com

Here's what the last government shutdown looked like

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.

healthNews reuters.com

Surfers may be swallowing antibiotic-resistant bacteria

(Reuters Health) - Surfers and body-boarders were three times more likely to have potentially dangerous antibiotic-resistant bacteria in their guts than non-surfers, new research from the UK shows.

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.

politicsNews reuters.com

In Russia, Trump inauguration euphoria leaves lasting hangover

MOSCOW (Reuters) - A year ago on Saturday, Russian nationalists partied in central Moscow to celebrate Donald Trump's inauguration as the 45th president of the United States.

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.

entertainmentNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Wall Street opens higher as investors shrug off shutdown fears

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

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

companyNews reuters.com

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.

companyNews reuters.com

BRIEF-Leading Edge Materials To Commence Trading On Nasdaq First North Stockholm

* LEADING EDGE MATERIALS TO COMMENCE TRADING ON NASDAQ FIRST NORTH STOCKHOLM

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.

technologyNews reuters.com

India sends tax notices to cryptocurrency investors as trading hits $3.5 billion

NEW DELHI (Reuters) - India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax department said.

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.

Greenhouse Gas Emissions nytimes.com

Op-Ed Columnist: With Climate Change, This Island Is Swallowed by the Sea

Rising waters now cover homes and land on a Bangladeshi island, leaving farmers desperate.

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.

sportsNews reuters.com

Tennis: Edmund outlasts Basilashvili in brutal battle

MELBOURNE (Reuters) - Britain's Kyle Edmund overcame Georgian Nikoloz Basilashvili and temperatures well above 100 degrees Fahrenheit in a brutal three-and-a-half hour battle to reach the fourth round of the Australian Open for the first time on Friday.

sportsNews reuters.com

Dimitrov tames Rublev to reach last 16

MELBOURNE (Reuters) - Third seed Grigor Dimitrov survived a tricky test in fierce heat against feisty young Russian Andrey Rublev to reach the fourth round of the Australian Open on Friday.

businessNews reuters.com

Emirates A380 orders allow Airbus to maintain minimum production - COO

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

businessNews reuters.com

Wall Street traders brace for meager paychecks as bonus season approaches

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

companyNews reuters.com

RPT-Wall Street traders brace for meager paychecks as bonus season approaches

NEW YORK, Jan 19 (Reuters) - Some traders at the largest Wall Street banks are about to get big, fat zeroes for bonuses while they watch markets thrive.

companyNews reuters.com

Wall St Week Ahead-Where Netflix goes, Big Tech may follow

SAN FRANCISCO, Jan 19 (Reuters) - Netflix Inc's quarterly report on Monday may offer an advanced preview of whether Facebook Inc, Amazon.com Inc and other heavyweights behind much of the U.S. stock market's record-breaking rally can keep delivering.

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

PRESS DIGEST- Wall Street Journal - Jan 19

Jan 19 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

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

sportsNews reuters.com

Tennis: Birthday girl Martic reaches last 16 in Melbourne

MELBOURNE (Reuters) - Croatia's Petra Martic celebrated her 26th birthday in style by reaching the fourth round of the Australian Open on Friday.

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.

sportsNews reuters.com

Tennis: Edmund outlasts Basilashvili in brutal heat

MELBOURNE (Reuters) - Britain's Kyle Edmund overcame Georgian Nikoloz Basilashvili and temperatures well above 100 degrees Fahrenheit in a brutal three-and-a-half hour contest to reach the fourth round of the Australian Open for the first time on Friday.

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

Border Barriers nytimes.com

Trump’s Evolving Words on the Wall

A review of President Trump's statements on Twitter, in campaign speeches and during interviews shows that the president’s views on the border wall have shifted repeatedly.

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

PersonalFinance reuters.com

Morgan Stanley raises targets, but Wall Street wants more

(Reuters) - Morgan Stanley raised key profitability and efficiency targets on Thursday, but those loftier goals failed to impress Wall Street analysts, who repeatedly asked Chief Executive Officer...

companyNews reuters.com

UPDATE 5-Morgan Stanley raises targets, but Wall Street wants more

Jan 18 (Reuters) - Morgan Stanley raised key profitability and efficiency targets on Thursday, but those loftier goals failed to impress Wall Street analysts, who repeatedly asked Chief Executive Officer James Gorman why the bank could not do even better.

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

businessNews reuters.com

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.

PersonalFinance reuters.com

Morgan Stanley lifts targets, but Wall Street wants more

(Reuters) - Morgan Stanley lifted key profitability and efficiency targets on Thursday, but those loftier goals failed to impress Wall Street analysts, who repeatedly asked Chief Executive Officer...

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.

artsNews reuters.com

Bright lights, big city: Light art festival takes to London's streets

LONDON (Reuters) - London's dark winter nights will shine a little brighter starting Thursday, as a nighttime art exhibition featuring a range of publicly displayed works that use light as a medium gets underway.

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.

businessNews reuters.com

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.

cnn.com

Tapper: Trump's wall has changed

After White House chief of staff John Kelly told Democratic lawmakers that President Trump's early promises of a border wall were not fully informed, the President insists he has remained consistent. CNN's Jake Tapper compares the President's rhetoric on the subject over time.

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.

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.

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.

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.

politicsNews reuters.com

Trump contradicts top aide, says border wall stance has not 'evolved'

WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday said his concept of a wall along the U.S. border with Mexico "has never changed or evolved," contradicting comments made by his chief of staff.

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.

politicsNews reuters.com

Factbox: Trump on Twitter (Jan 18) - Mexico wall, NAFTA, Rick Saccone

The following statements were posted to the verified Twitter accounts of U.S. President Donald Trump, @realDonaldTrump and @POTUS.

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

Trump, Donald J nytimes.com

Trump Denies Changing His Position on Border Wall

In an early morning tweet, President Trump contradicted his chief of staff and said his position on building a wall between the United States and Mexico had not “evolved.”

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.

cnn.com

Trump tweets his views on border wall haven't changed after Kelly says they have

President Donald Trump insisted Thursday that he has remained consistent in his plans for a border wall, a day after his chief of staff, John Kelly, said he has "changed his attitude" on it.

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 .

politicsNews reuters.com

Trump says border wall stance has not 'evolved,' Mexico will pay

WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday defended his proposed wall along the U.S. southern border, saying his position "has never changed or evolved," and that Mexico would pay for the barrier "directly, or indirectly."

companyNews reuters.com

BRIEF-SPI Energy Co Establishes Strategic Partnership With Hoofoo, Hackproof Cryptocurrency Hardware Wallet

* SPI ENERGY CO., LTD. ESTABLISHES STRATEGIC PARTNERSHIP WITH HOOFOO THE HACKPROOF CRYPTOCURRENCY HARDWARE WALLET

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.

New York City nytimes.com

New York Today: New York Today: Street Philosophy

Thursday: Philosophers talk to the public, the New York Jewish Film Festival and milder weather.

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.

Olympic Games (2018) nytimes.com

How to Plan a Last-Minute Trip to the 2018 Winter Olympics in Pyeongchang

It’s not too late to plan a trip to the 2018 Winter Olympics in South Korea. Here’s how to score a cheap flight, find a place to stay, and catch the games.

environmentNews reuters.com

Danone's Evian vows to use 100 percent recycled plastic in bottles by 2025

PARIS (Reuters) - Evian, Danone's popular mineral water brand, on Thursday became the latest consumer goods group to undertake pledges on recycling plastic, as companies around the world aim to bolster their credentials regarding helping the environment.

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.

companyNews reuters.com

PRESS DIGEST -Wall Street Journal - Jan 18

Jan 18 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

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.

companyNews reuters.com

Florida man gets prison for trading on tip about Gilead deal

Jan 17 (Reuters) - A Florida man was sentenced on Wednesday to one year in prison for engaging in insider trading based on a tip he received from an ex-Morgan Stanley broker about Gilead Sciences Inc's planned $11.2 billion purchase of Pharmasset Inc in 2011, prosecutors said.

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.

United States Politics and Government nytimes.com

White House Chief of Staff Calls Trump’s Campaign Wall Promises ‘Not Fully Informed’

White House Chief of Staff John F. Kelly told Hispanic members of Congress on Wednesday that President Trump’s campaign promises have “evolved” on immigration.

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.