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healthNews reuters.com

Sanofi digs deep to buy U.S. hemophilia group Bioverativ for $11.6 billion

PARIS (Reuters) - French healthcare group Sanofi has agreed to buy U.S. hemophilia specialist Bioverativ for $11.6 billion, its biggest deal for seven years and a major play to strengthen its presence in treatments for rare diseases.

businessNews reuters.com

Biotech M&A takes off as Sanofi and Celgene spend $20 billion

LONDON (Reuters) - Biotech deal activity exploded on Monday with French drugmaker Sanofi and U.S.-based Celgene spending a combined total of more than $20 billion to add new products for hemophilia and cancer to their medicine cabinets.

businessNews reuters.com

AIG to buy reinsurer Validus for $5.56 billion

(Reuters) - American International Group on Monday said it would buy Validus Holdings for $5.56 billion in cash to strengthen its reinsurance business, the company's first deal under Chief Executive Brian Duperreault.

companyNews reuters.com

UPDATE 3-AIG to buy reinsurer Validus for $5.56 billion

* Deal to immediately add to AIG's EPS and ROE (Adds details from conference call, shares)

healthNews reuters.com

Celgene to buy Juno for $9 billion to boost CAR-T expertise

(Reuters) - Celgene Corp announced a $9 billion cash buyout of Juno Therapeutics Inc on Monday as it moves to cement its position as a key player in a new range of cancer therapies.

businessNews reuters.com

AIG to buy reinsurer Validus Holdings for $5.56 billion

(Reuters) - American International Group on Monday said it would buy Validus Holdings for $5.56 billion in cash to strengthen its reinsurance business, the company's first deal under Chief Executive Brian Duperreault.

technologyNews reuters.com

More than 10 percent of $3.7 billion raised in ICOs has been stolen: Ernst & Young

NEW YORK (Reuters) - More than 10 percent of funds raised through "initial coin offerings" are lost or stolen in hacker attacks, according to new research by Ernst & Young that delves into the risks of investing in cryptocurrency projects online.

healthNews reuters.com

New drugs recast $10 billion hemophilia market as Sanofi swoops in

LONDON (Reuters) - Sanofi is placing a big bet on the $10 billion-a-year hemophilia market at a testing time, as scientific advances overhaul traditional approaches to treating the rare uncontrolled bleeding disorder.

businessNews reuters.com

AIG to buy reinsurer Validus Holdings for $5.56 billion in cash

(Reuters) - American International Group on Monday said it would buy property and casualty reinsurer Validus Holdings for $5.56 billion in cash to strengthen its general insurance business.

companyNews reuters.com

Celgene to buy remaining stake in Juno for $9 billion

Jan 22 (Reuters) - Celgene Corp said on Monday it agreed to buy rest of Juno Therapeutics Inc for about $9 billion in cash to gain access to Juno's pipeline of CAR-T cancer drugs.

businessNews reuters.com

Sanofi digs deep to buy U.S. haemophilia group Bioverativ for $11.6 billion

PARIS (Reuters) - French healthcare group Sanofi has agreed to buy U.S. haemophilia specialist Bioverativ for $11.6 billion, its biggest deal for seven years, which it said would strengthen its presence in treatments for rare diseases.

environmentNews reuters.com

China's war on smog hits fertilizer, pesticide output in December: stats

BEIJING (Reuters) - China's fertilizer and pesticide output fell in December to their lowest on records going back to February 2015, data showed on Monday, as Beijing's war on smog and efforts to ensure winter heating forced producers to suspend operations.

businessNews reuters.com

Sanofi to buy U.S. haemophilia group Bioverativ for $11.6 billion

PARIS (Reuters) - French healthcare group Sanofi has agreed to buy U.S. haemophilia specialist Bioverativ for $11.6 billion, in a deal which it said would boost earnings and strengthen its presence in treatments for rare diseases.

businessNews reuters.com

Sanofi confirms deal to buy Bioverativ for $11.6 billion

PARIS (Reuters) - French healthcare group Sanofi has agreed to buy U.S. peer Bioverativ for $11.6 billion, in a deal which Sanofi said would boost its earnings and strengthen its presence in the field of treatment for rare diseases.

companyNews reuters.com

Billionaire Gupta looks to make electric cars in Australia

MELBOURNE, Jan 22 (Reuters) - British industrialist Sanjeev Gupta is set to bid for industrial assets at General Motors Co's former Holden manufacturing site in South Australia, according to the state's treasurer, aiming to use the equipment to build electric vehicles.

companyNews reuters.com

Japanese retail investors pull out of bear fund as Nikkei hits 26-year peak

* In the past, inflows to inverse ETF rose when Nikkei gained

businessNews reuters.com

Sanofi set to buy Bioverativ for more than $11.5 billion: WSJ

(Reuters) - Sanofi SA is close to a deal to take over U.S. drug maker Bioverativ Inc for more than $11.5 billion, the Wall Street Journal reported, citing people familiar with the matter.

worldNews reuters.com

Train hits barrier in Sydney, at least 15 hurt: Australian ambulance official

SYDNEY (Reuters) - At least 15 people were injured on Monday when a train crashed into a barrier in the northwest of Sydney, Australia's largest city, and were being treated by emergency services personnel, an ambulance spokesman said.

worldNews reuters.com

Saudi-led coalition to give $1.5 billion in Yemen aid, expand port capacity

RIYADH (Reuters) - A military coalition led by Saudi Arabia said on Monday it would commit $1.5 billion in new humanitarian aid for Yemen where it is supporting the internationally recognized government against Iran-aligned Houthis in a three-year-old civil war.

PersonalFinance reuters.com

U.S. hedge fund Tiger Global has invested more than $1 billion in Barclays: FT

(Reuters) - U.S. hedge fund Tiger Global Management has invested more than $1 billion in Britain's Barclays Plc, the Financial Times reported on Sunday.

sportsNews reuters.com

Tennis: Suarez Navarro hits back to reach quarter-finals

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

Movies nytimes.com

Streaming: The Hidden Gems of 2017 Movies Are on ... Netflix?

In the off-season for new releases, why not explore the shadowy corners of your streaming services?

companyNews reuters.com

BRIEF-Helios And Matheson Analytics Says Co And Moviepass Entered Into Amendment No. 1 To Voting Agreement

* HELIOS AND MATHESON ANALYTICS - ON JAN 16, CO AND MOVIEPASS INC ENTERED INTO AMENDMENT NO. 1 TO VOTING AGREEMENT-SEC FILING

worldNews reuters.com

Failure to launch: Egypt opposition hits roadblock on path to presidency

CAIRO (Reuters) - Six months into laying the groundwork for his presidential bid, Egyptian hopeful Mohamed Anwar Sadat hit a snag: he could not find a hotel prepared to hire him a space to launch his campaign.

cnn.com

'Star Wars Rebels' sets 90-minute series finale

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

environmentNews reuters.com

Quake hits Gulf of California, Mexico says no damage reported

MEXICO CITY (Reuters) - A powerful earthquake that struck in the Gulf of California shook buildings and sent people running outdoors across parts of northern Mexico on Friday, but there were no immediate reports of damage or casualties.

companyNews reuters.com

BRIEF-Moviepasstm Unveils Strategy To Invest In Film At The Sundance Film Festival With The Launch Of Moviepass Ventures

* MOVIEPASSTM UNVEILS STRATEGY TO INVEST IN FILM AT THE SUNDANCE FILM FESTIVAL WITH THE LAUNCH OF MOVIEPASS VENTURES Source text for Eikon: Further company coverage:

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.

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.

domesticNews reuters.com

Empty prisons, grounded warplanes: U.S. budget dysfunction hits home

WASHINGTON (Reuters) - Three hours west of Chicago, a federal prison stands ready to take in thousands of inmates and hire hundreds of guards, but its expansion is on hold, awaiting approval from a U.S. Congress that is again paralyzed by budget disputes.

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

Repeated hits, not concussions, cause CTE, study finds

The neurodegenerative disease chronic traumatic encephalopathy can start early and without any signs of concussion, according a study released Thursday.

cnn.com

Cities ranging from New York and LA to Columbus, Ohio are in the running to land the $5 billion campus

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

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

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.

technologyNews reuters.com

China's JD.com says will invest over $3 billion in "rustbelt" regions: Xinhua

SHANGHAI (Reuters) - Chinese online retailer JD.com will invest more than 20 billion yuan ($3.11 billion) in the country's northeastern "rustbelt" regions over the next three years, the Xinhua news agency reported on Thursday, citing the company.

companyNews reuters.com

Oil producer Obsidian Energy hits back at activist FrontFour Capital

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

technologyNews reuters.com

Toshiba sees $3.7 billion balance sheet improvement from Westinghouse deal

TOKYO (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.

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.

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

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

(Reuters) - Apple Inc will open a second U.S. 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.

technologyNews reuters.com

Tom Siebel's billion-dollar software firm raises $100 million

SAN FRANCISCO (Reuters) - C3 IoT, a software company founded and run by longtime Silicon Valley executive Thomas Siebel that helps companies collect and analyze data, has raised another $100 million in a new funding backed by TPG Growth, the company said on Wednesday.

Federal Taxes (US) nytimes.com

Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to U.S.

Less than four weeks after President Trump signed a new tax bill, Apple plans to repatriate the vast majority of its $252 billion in cash held abroad.

businessNews reuters.com

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

(Reuters) - Apple Inc on Wednesday said it will make about $38 billion in tax payments on its overseas cash and plans to open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan.

Movies nytimes.com

Sundance Film Festival: 5 Movies to Watch

The festival starts Thursday. Here’s a look at five films we’re excited about.

PersonalFinance reuters.com

Sovereign investor 2017 deal values down 24 percent at $72 billion

LONDON (Reuters) - Sovereign investor deal-making fell 24 percent in 2017 to $72.5 billion as megadeals such as China Investment Corp's (CIC) bumper $13.8 billion buy of warehouse firm Logicor, which...

businessNews reuters.com

Bank of America net profit slumps on $2.9 billion tax charge, adjusted income beats

(Reuters) - Bank of America Corp's net profit nearly halved compared with a year earlier as it booked a $2.9 billion charge stemming from the new federal tax law although it beat analysts' estimates when adjusted for the charge.

businessNews reuters.com

BofA net profit slumps on $2.9 billion tax charge, adjusted income beats

(Reuters) - Bank of America Corp's net profit nearly halved compared with a year earlier as it booked a $2.9 billion charge stemming from the new federal tax law although it beat analysts' estimates when adjusted for the charge.

businessNews reuters.com

Bank of America profit slumps on $2.9 billion tax charge

(Reuters) - Bank of America Corp's fourth-quarter profit nearly halved as it booked a $2.9 billion charge stemming from the new federal tax law.

businessNews reuters.com

Exclusive: J&J attracts Chinese interest for diabetes business in potential $3-4 billion deal - sources

HONG KONG (Reuters) - Chinese bidders are circling a diabetes care business owned by the world's largest healthcare company Johnson & Johnson in a deal that could fetch up to $4 billion, five people with direct knowledge told Reuters.

businessNews reuters.com

GE reignites break-up talk after $11 billion insurance, tax hit

NEW YORK (Reuters) - General Electric Co indicated it is looking closely at breaking itself up on Tuesday as the conglomerate announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

businessNews reuters.com

GE renews break-up talk after $11 billion insurance, tax hit

(Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

businessNews reuters.com

Health-conscious Nestle sells U.S. candy to Ferrero for $2.8 billion

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products.

companyNews reuters.com

BRIEF-Freddie Mac Financed $73.2 Billion In Loan Purchase & Guarantee Volume For 2017​

* FREDDIE MAC - ‍ FINANCED $73.2 BILLION IN LOAN PURCHASE & GUARANTEE VOLUME FOR 2017​ Source text for Eikon: Further company coverage:

businessNews reuters.com

Dow hits 26,000 for first time on earnings optimism

(Reuters) - The Dow Jones Industrial Average raced past the 26,000 mark for the first time on Tuesday as fourth-quarter earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.

companyNews reuters.com

US STOCKS-Dow hits 26,000 for first time on earnings optimism

* Indexes up: Dow 0.59 pct, S&P 0.23 pct, Nasdaq 0.25 pct (Updates to early afternoon)

companyNews reuters.com

U.S. holiday shoppers spend record $108 billion online - Adobe

Jan 16 (Reuters) - U.S. shoppers spent a record $108 billion snapping up discounts on Amazon and other websites during the 2017 holiday season, with more people using smartphones and tablets, Adobe Analytics said on Tuesday.

businessNews reuters.com

Nestle sells U.S. candy business to Ferrero for $2.8 billion amid health push

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path toward healthier products.

businessNews reuters.com

Citigroup reports $18 billion loss on one-time tax items

(Reuters) - Citigroup Inc posted an $18-billion quarterly loss on Tuesday because of charges related to a new U.S. tax law, but its adjusted earnings beat Wall Street expectations and management signaled that the bank may soon lift financial performance targets.

businessNews reuters.com

GE renews break-up talk as it discloses $11 billion fourth quarter hit

(Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

businessNews reuters.com

GE to take $6.2 billion hit from insurance portfolio

(Reuters) - General Electric Co will take a $6.2 billion charge in its fourth quarter results for a more than decade-old insurance portfolio covering long-term healthcare costs, the company said on Tuesday.

businessNews reuters.com

Dow hits 26,000 for first time

(Reuters) - The Dow Jones Industrial Average touched the 26,000-mark for the first time on Tuesday and other Wall Street indexes climbed as strong earnings from UnitedHealth and Citigroup helped lift the sentiment.

companyNews reuters.com

US STOCKS SNAPSHOT-Dow hits 26,000 for first time

Jan 16 (Reuters) - The Dow Jones Industrial Average touched the 26,000-mark for the first time on Tuesday and other Wall Street indexes climbed as strong earnings from UnitedHealth and Citigroup helped lift the sentiment.

businessNews reuters.com

Citi profit tops estimates; books $22 billion tax charge

(Reuters) - Citigroup Inc on Tuesday reported quarterly profit that topped Wall Street expectations as consumer businesses made up for lower revenue from bond and currency trading.

businessNews reuters.com

GE to take $6.2 billion charge in its finance arm

(Reuters) - General Electric Co will record an after-tax charge of $6.2 billion in its fourth quarter results as part of an ongoing review of its finance arm's insurance portfolio, the company said.

companyNews reuters.com

METALS-Copper hits 3-1/2-week low, nickel slides more than 5 pct

* LME/ShFE arb: http://bit.ly/2wZSAEz (Recasts, updates prices, adds details, changes dateline)

environmentNews reuters.com

BP Deepwater Horizon costs balloon to $65 billion

LONDON (Reuters) - BP said on Tuesday it would take a new charge over the 2010 Deepwater Horizon spill after again raising estimates for outstanding claims, lifting total costs to around $65 billion.

cnn.com

Billion dollar US embassy opens in London

The new US embassy in London opened its doors to the public for the first time on Tuesday, a billion dollar glass monolith presiding over a former industrial site south of the city.

businessNews reuters.com

Bitcoin slides 14 percent on crackdown fears, hits four-week low

LONDON (Reuters) - Bitcoin slid as much as 14 percent on Tuesday to hit a four-week low below $12,000, as fears grew of a regulatory crackdown after reports that South Korea's finance minister had said banning trading in cryptocurrencies was still an option.

environmentNews reuters.com

BP to take $1.7 billion Deepwater Horizon charge

LONDON (Reuters) - BP said on Tuesday it expected to take a post-tax non-operating charge of around $1.7 billion in its fourth quarter results as part of the settlement of the deadly 2010 Deepwater Horizon spill in the United States.

companyNews reuters.com

Nikkei hits highest level since 1991 as dollar weakening stops

TOKYO, Jan 16 (Reuters) - Japan's Nikkei share average rose to its highest level since late 1991 on Tuesday, as a firmer dollar supported exporter stocks and expectations for strong corporate earnings bolstered investor sentiment.

companyNews reuters.com

Global carmakers to invest at least $90 billion in electric vehicles

DETROIT, Jan 15 (Reuters) - Ford Motor Co's plan to double its electrified vehicle spending is part of an investment tsunami in batteries and electric cars by global automakers that now totals $90 billion and is still growing, a Reuters analysis shows.

companyNews reuters.com

REFILE-UPDATE 1-Tivo hits Comcast with new round of patent lawsuits

Jan 11 (Reuters) - Tivo Corp has again sued cable operator Comcast Corp of using its patented interactive programming technology without authorization, the latest salvo in the companies' long-running royalty dispute.

businessNews reuters.com

Carillion collapse hits banks and investors, boosts short sellers

LONDON (Reuters) - Leading British lenders including Barclays, the Royal Bank of Scotland and Lloyds Banking Group face the prospect of hundreds of millions of pounds in outstanding loans going unpaid from Carillion's collapse on Monday.

companyNews reuters.com

GLOBAL MARKETS-Euro hits three-year high as Europe leads global optimism

* But euro strength pushes European stocks touch lower (Adds U.S. stock futures, updates prices)

businessNews reuters.com

Euro hits three-year high as Europe leads global optimism

LONDON (Reuters) - The euro hit a fresh three-year high on Monday as optimism around growth buoys expectations of tighter policy from central banks, while the chance of a pro-European coalition in Germany also boosted confidence in the continent.

companyNews reuters.com

GLOBAL MARKETS-Euro hits 3-year high as Europe leads global optimism

LONDON, Jan 15 (Reuters) - The euro hit a fresh three-year high on Monday as optimism around growth buoys expectations of tighter policy from central banks, while the chance of a pro-European coalition in Germany also boosted confidence in the continent.

businessNews reuters.com

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

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

businessNews reuters.com

SoftBank considers IPO for Japan wireless unit, said to seek $18 billion

TOKYO (Reuters) - SoftBank Group Corp said on Monday it was considering listing its Japanese wireless business, seeking to raise a reported $18 billion in a move that would accelerate the conglomerate's transformation into one of the world's biggest tech investors.

businessNews reuters.com

Ford plans $11 billion investment, 40 electrified vehicles by 2022

DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022

DETROIT, Jan 14 (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

businessNews reuters.com

SoftBank plans $18 billion IPO of mobile phone unit: Nikkei

TOKYO (Reuters) - SoftBank Group plans to list its mobile phone business and raise some US$18bn, the Nikkei newspaper has said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.

businessNews reuters.com

VW to spend more than $3.3 billion through 2020 on U.S. model expansion

DETROIT (Reuters) - Volkswagen plans to spend more than $3.3 billion on development and production of new models in North America from 2018 to 2020 as the German group reboots operations in the world's second-largest auto market.

businessNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit this year: Nikkei

TOKYO (Reuters) - SoftBank Group Corp plans to list its mobile-phone business and raise some $18 billion, the Nikkei newspaper said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.

businessNews reuters.com

Ford plans $11 billion investment, 40 electric vehicles by 2022

DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 2-Ford plans $11 billion investment, 40 electric vehicles by 2022

DETROIT, Jan 14 (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

businessNews reuters.com

Ford ups electric vehicle plans to $11 billion by 2022: executive

(Reuters) - Ford Motor Co will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 1-Ford ups electric vehicle plans to $11 billion by 2022 - executive

Jan 14 (Reuters) - Ford Motor Co will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show.

companyNews reuters.com

Ford to increase electric vehicle investment to $11 billion - executive

Jan 14 (Reuters) - Ford Motor Co will increase to $11 billion its investments in electric vehicles, Jim Farley, the company's head of global markets, said on Sunday at the Detroit auto show.

technologyNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit as soon as spring: Nikkei

TOKYO (Reuters) - SoftBank Group Corp plans to list its core mobile-phone unit in Tokyo and overseas as early as this spring, raising some 2 trillion yen ($18 billion) in one of Japan's biggest initial public offerings, the Nikkei newspaper said on Monday.

technologyNews reuters.com

French telcos to spend $3.7 billion to plug network gaps

PARIS (Reuters) - France's mobile telephone operators will spend more than 3 billion euros ($3.7 billion) rolling out a 4G network to ensure there are no coverage gaps by 2020, a government minister said.

environmentNews reuters.com

Magnitude-5.1 quake hits 40 miles from Batangas, Philippines: USGS

(Reuters) - A magnitude-5.1 earthquake hit the Philippines on Sunday, about 40 miles west-southwest of Batangas, the U.S. Geological Survey said.

environmentNews reuters.com

Strong earthquake hits coast of southern Peru, minor damage reported

LIMA (Reuters) - A strong earthquake struck the coast of southern Peru on Sunday morning, the U.S. Geological Survey (USGS) said, causing damage to some homes, collapsing roads and injuring around 20 people.

environmentNews reuters.com

Strong earthquake hits coast of southern Peru, no damage reported

LIMA (Reuters) - A strong earthquake struck the coast of southern Peru on Sunday morning, the U.S. Geological Survey (USGS) said.

environmentNews reuters.com

Magnitude 7.3 earthquake hits 124 km southwest of Puquio, Peru: USGS

(Reuters) - An earthquake with a magnitude of 7.3 struck about 124 km southwest of Puquio, Peru, on Sunday, the U.S. Geological Survey (USGS) said.

technologyNews reuters.com

French telcos commit three billion euros to cover network black spots: report

PARIS (Reuters) - France's mobile telephone operators will spend more than 3 billion euros ($3.7 billion) rolling out a 4G network in black spots across the country to ensure there are no coverage gaps by 2020, according to a government minister.

sportsNews reuters.com

Rallying: Sainz takes Dakar lead as Peterhansel hits trouble

(Reuters) - Spaniard Carlos Sainz seized the lead in the Dakar Rally from Peugeot team mate Stephane Peterhansel on Saturday after the defending champion struck a rock and lost an hour and 45 minutes repairing his car.

environmentNews reuters.com

Magnitude 6.0 quake hits southeast of Solomon Islands - USGS

(Reuters) - An earthquake with a magnitude of 6.0 struck about 158 km (100 miles) southeast of the Solomon Islands in the Pacific on Saturday, the U.S. Geological Survey (USGS) said.

businessNews reuters.com

Wall Street hits new highs on earnings optimism, data

(Reuters) - Wall Street continued its rally on Friday with record closing highs as the fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove investor optimism about economic growth.

entertainmentNews reuters.com

DiCaprio to star in Charles Manson-era Tarantino movie

LOS ANGELES (Reuters) - Leonardo DiCaprio will star in a movie set around the Charles Manson murders, Hollywood entertainment publications reported on Friday, but he will not play the role of the American cult leader.

companyNews reuters.com

GLOBAL MARKETS-Dollar hits three-year low vs euro; Wall St hits new highs

* U.S. yields up on inflation, 2-year highest since 2008 crisis

businessNews reuters.com

Wall St. hits new highs on earnings optimism, data

(Reuters) - Wall Street continued its rally on Friday with record closing highs as the fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove investor optimism about economic growth.

Golf nytimes.com

Opinion: Who Hits Golf Balls Into the Sea?

What a beach vacation taught me about a long history of callous politics.

companyNews reuters.com

RPT-UPDATE 5-BlackRock hits record $6 trillion assets, helped by Trump tax law

NEW YORK, Jan 12 (Reuters) - BlackRock Inc charged past a record $6 trillion in assets, its profit beating Wall Street forecasts, as investors flooded into the relatively low-cost funds of the world's largest asset manager.

companyNews reuters.com

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

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

companyNews reuters.com

UPDATE 4-BlackRock hits record $6 trillion, helped by Trump tax law

NEW YORK, Jan 12 (Reuters) - BlackRock Inc charged past a record $6 trillion in assets, its profit beating Wall Street forecasts, as investors flooded into the relatively low-cost funds of the world's largest asset manager.

businessNews reuters.com

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

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

Banking and Financial Institutions nytimes.com

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

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

businessNews reuters.com

BMW hits 2017 sales record but Mercedes keeps lead

BERLIN (Reuters) - BMW reported record sales last year on strong demand for its sport-utility vehicles and the overhauled 1-Series compact but was outsold by Mercedes-Benz, keeping the order in the three-way German luxury sales race unchanged.

businessNews reuters.com

Global stocks recover as bond jitters retreat, euro hits 3-year high

LONDON (Reuters) - World stocks scaled fresh peaks on Friday while the euro hit a three-year high and Bund yields rose as progress on forming a German government gave fresh impetus to a bond market sell-off triggered by signs the ECB may accelerate an end to its stimulus.

companyNews reuters.com

GLOBAL MARKETS-Stocks recover as bond jitters retreat, euro hits 3-year high

LONDON, Jan 12 (Reuters) - World stocks scaled fresh peaks on Friday while the euro hit a three-year high and Bund yields rose as progress on forming a German government gave fresh impetus to a bond market sell-off triggered by signs the ECB may accelerate an end to its stimulus.

environmentNews reuters.com

Strong 6.0 quake hits central Myanmar, USGS says, no reports of damage

YANGON (Reuters) - A strong earthquake with a magnitude of 6.0 hit a remote region of central Myanmar early on Friday, the U.S. Geological Survey (USGS) said.

technologyNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

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

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

PersonalFinance reuters.com

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

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

companyNews reuters.com

GLOBAL MARKETS-Brent hits $70/bbl before retreating; equities rise with energy

* Brent oil hits $70/bbl during session, highest since Nov 2014 (Updates with U.S. markets' closing levels)

companyNews reuters.com

UPDATE 1-Tivo hits Comcast with new round of patent lawsuits

Jan 11 (Reuters) - Tivo Corp has again sued cable operator Comcast Corp of using its patented interactive programming technology without authorization, the latest salvo in the companies' long-running royalty dispute.

companyNews reuters.com

UPDATE 2-U.S. vehicle fuel economy hits new record -EPA

WASHINGTON/DETROIT, Jan 11 (Reuters) - The fuel economy of new U.S. cars and trucks hit a record 24.7 miles per gallon in the 2016 model year, a government report said, even as some automakers had to buy credits to remain compliant with federal requirements.

businessNews reuters.com

Wall Street hits record as oil, industrial stocks gain

(Reuters) - Wall Street surged to fresh highs on Thursday as rising oil prices lifted energy stocks and upbeat forecast from No. 2 U.S. carrier Delta Air Lines drove airline stocks higher.

businessNews reuters.com

Tivo hits Comcast with new round of patent lawsuits

(Reuters) - Tivo Corp has again accused cable operator Comcast Corp of using its patented interactive programming technology without authorization, the latest salvo in the companies' long-running royalty dispute.

environmentNews reuters.com

U.S. vehicle fuel economy hits new record: EPA

WASHINGTON (Reuters) - The real-world fuel economy of new U.S. cars and trucks hit a record 24.7 miles per gallon in the 2016 model year, a government report said, even as regulators consider whether to revise fuel efficiency requirements.

companyNews reuters.com

BRIEF-Moviepass Announces Media Partnership With IHeartMedia

* MOVIEPASS INC SAYS NEW AGREEMENT INCLUDES AN EXTENSIVE MARKETING CAMPAIGN ACROSS IHEARTMEDIA'S MULTIPLATFORM NETWORK

environmentNews reuters.com

Earthquake hits Iran-Iraq border region, felt in Baghdad

BAGHDAD/ANKARA (Reuters) - An earthquake jolted the Iran-Iraq border region on Thursday at around 10 a.m. (0700 GMT), causing some panic in Baghdad and central Iraq, according to residents and state-run media.

companyNews reuters.com

METALS-Shanghai nickel hits 2-month high on tight stocks, output concerns

(Adds Shanghai closing prices, updates London prices) BEIJING, Jan 11 (Reuters) - Nickel prices on the Shanghai Futures Exchange (ShFE) climbed by more than 1 percent to their highest in two months on Thursday, as concerns over low stock levels and production outages lent support to the market. "Nickel cathode in the warehouses is very tight... so there is some possibility to squeeze selling positions," said Xu Aidong, chief nickel analyst, Antaike. Deliverable ShFE nickel warehous

environmentNews reuters.com

Earthquake hits central Iraq, felt in Baghdad

BAGHDAD (Reuters) - An earthquake was felt at around 10 a.m. (0700 GMT) in Baghdad and central Iraq, according to residents and state-run media.

businessNews reuters.com

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

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

Women and Girls nytimes.com

Op-Ed Contributor: Where Can Women Make Movies? The Middle East

“In Between,” the new film by Maysaloun Hamoud, is the latest in a long line of feminist films by female Arab directors.

businessNews reuters.com

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

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

companyNews reuters.com

Toyota, Mazda confirm $1.6 billion plant for Alabama

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

environmentNews reuters.com

Magnitude 4.7 earthquake hits western Iran: local media

BEIRUT (Reuters) - A magnitude 4.7 earthquake hit western Iran on Wednesday evening, according to Mizan, the official website of the Iranian judiciary.

domesticNews reuters.com

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

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

entertainmentNews reuters.com

Spiders and fleas pack Albert Hall as Cirque du Soleil's Ovo hits London

LONDON (Reuters) - London's Royal Albert Hall was crawling with spiders, crickets, ants and fleas on Wednesday as Cirque du Soleil brought its insect-themed show Ovo to the famous venue for the first time.

businessNews reuters.com

U.S. oil hits highest since 2014, worries grow of overheated market

LONDON (Reuters) - U.S. oil prices hit their highest since 2014 on Wednesday as OPEC-led production cuts and healthy demand helped to balance the market, but analysts warned of possible overheating.

Corruption (Institutional) nytimes.com

Feature: The Mystery of the Exiled Billionaire Whistleblower

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

companyNews reuters.com

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

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

Mazda Motor Corp nytimes.com

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

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

cnn.com

3 TVs that could change how you watch movies

businessNews reuters.com

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

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

cnn.com

Deadly flu season hits hard

A deadly flu season has hit hard in the Golden State.

businessNews reuters.com

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

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

topNews reuters.com

U.S. crude hits three-year high as oil prices climb on tighter market

NEW YORK (Reuters) - Oil prices edged higher on Tuesday, with U.S. crude touching its highest since December 2014, supported by OPEC-led production cuts and expectations that U.S. crude inventories have dropped for an eighth week.

Theater nytimes.com

Critic’s Notebook: In Solo Shows, Lip-Syncing ‘Hamlet’ and Investigating Home Movies

At the 14th Under the Radar festival, artists working with found audio and video stretch the boundaries of theater.

businessNews reuters.com

Drahi hits Altice reset button to court wary investors

PARIS/NEW YORK (Reuters) - Altice founder Patrick Drahi is reshaping his telecoms and cable group for the second time in as many months by splitting its U.S. and European operations, hoping to end a drastic downward share-price spiral.

companyNews reuters.com

GLOBAL MARKETS-Stocks' 2018 rally goes on, U.S. crude hits 3-year high

* Wall Street rises to record highs again, extends 2018 rally

companyNews reuters.com

UPDATE 6-Drahi hits Altice reset button to court wary investors

* Shares had slumped last year on concerns (Adds Altice CEO comments, bond reaction, closing share price)

domesticNews reuters.com

Billionaire Rennert files malpractice lawsuit over $213 million judgment

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

companyNews reuters.com

UPDATE 5-Drahi hits Altice reset button to court wary investors

* Moved aimed at simplifying business structure (Recasts story, adds background, details)

businessNews reuters.com

Wall Street hits new record at open on healthcare, bank gains

(Reuters) - Wall Street rose to fresh high at open on Tuesday, with gains for healthcare and bank stocks extending the new year rally that is powered by expectations of strong quarterly earnings.

worldNews reuters.com

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

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

topNews reuters.com

Oil hits highest since May 2015 above $68 on tighter market

LONDON (Reuters) - Oil rose further above $68 a barrel briefly on Tuesday, touching its highest since May 2015, supported by OPEC-led production cuts and expectations U.S. crude inventories fell for an eighth week.

companyNews reuters.com

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

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

companyNews reuters.com

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

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

companyNews reuters.com

Nikkei hits 26-year high; Fast Retailing top contributor

TOKYO, Jan 9 (Reuters) - Japan's Nikkei share average hit a 26-year high on Tuesday, helped by gains on Wall Street during a Japanese holiday, while index heavyweight Fast Retailing soared on strong December sales.

companyNews reuters.com

Nikkei hits fresh 26-year high; Fast Retailing soars

TOKYO, Jan 9 (Reuters) - Japan's Nikkei share average hit a 26-year high on Tuesday, helped by gains on Wall Street during a Japanese holiday and as a weaker yen lifted investors' appetite for risk.

companyNews reuters.com

Japan's Nikkei share average hits highest since Nov 1991

TOKYO, Jan 9 (Reuters) - The Nikkei share average hit a 26-year high on Tuesday, helped by gains on Wall Street during a Japanese holiday and as a weaker yen lifted investors' appetite for risk.

businessNews reuters.com

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

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

politicsNews reuters.com

Billionaire behind Trump impeachment ads to bankroll Democrats for House

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

sportsNews reuters.com

Peterhansel leads the Dakar Rally but al-Attiyah hits back

(Reuters) - Defending champion Stephane Peterhansel took over the lead of the Dakar Rally on Monday, the third driver in three days to hit the front, while Qatar's Nasser al-Attiyah won the stage in southern Peru.

Weather nytimes.com

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

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

businessNews reuters.com

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

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

healthNews reuters.com

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

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

environmentNews reuters.com

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

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

Amway Corp nytimes.com

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

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

healthNews reuters.com

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

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

healthNews reuters.com

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

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

healthNews reuters.com

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

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

companyNews reuters.com

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

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

companyNews reuters.com

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

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

entertainmentNews reuters.com

Box Office: 'Jumanji: Welcome to the Jungle' roars past 'Star Wars: The Last Jedi,' 'Insidious 4'

LOS ANGELES (Variety.com) - Sony's "Jumanji: Welcome to the Jungle" handily won the first box office weekend of 2018 over the launch of "Insidious: The Last Key" and "Star Wars: The Last Jedi" with $36 million at 3,801 North American locations.

environmentNews reuters.com

Eight hurt as magnitude 5.1 quake hits western Iran

DUBAI (Reuters) - A magnitude 5.1 earthquake hit western Iran on Saturday, injuring eight people, according to early reports on state television.

environmentNews reuters.com

Magnitude 5.1 quake hits western Iran, no damage reported

DUBAI (Reuters) - A magnitude 5.1 earthquake hit western Iran on Saturday, but there were no immediate reports of damage or casualties, the regional governor said.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

domesticNews reuters.com

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

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

cnn.com

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

cnn.com

Black unemployment hits all-time low

businessNews reuters.com

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

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

topNews reuters.com

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

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

environmentNews reuters.com

Cold comfort: China's Wuhan eases gas rationing as snow hits

BEIJING (Reuters) - The industrial city of Wuhan eased restrictions on gas use on Friday for residents facing freezing temperatures and heavy snow falls, as increased supplies offered some respite to China's winter gas shortage.

businessNews reuters.com

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

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

environmentNews reuters.com

Cold comfort: Chinese city eases gas rationing as snow hits

BEIJING (Reuters) - The major industrial Chinese city of Wuhan on Friday loosened restrictions on residential gas use as freezing temperatures bite and heavy snow falls, local media reported.

companyNews reuters.com

UPDATE 4-'Bomb cyclone' hits U.S. East Coast energy, power supply

NEW YORK/LONDON, Jan 4 (Reuters) - A severe winter storm froze pipes and disrupted services at refineries on the U.S. Atlantic coast on Thursday, sending fuel prices higher as heavy snowfall and high winds caused electricity outages for almost 80,000 homes and businesses.

PersonalFinance reuters.com

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

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

companyNews reuters.com

UPDATE 3-'Bomb cyclone' hits U.S. East Coast energy, power supply

NEW YORK/LONDON, Jan 4 (Reuters) - A severe winter storm froze pipes and disrupted services at refineries on the U.S. Atlantic coast on Thursday, sending fuel prices higher as heavy snowfall and high winds caused electricity outages for almost 80,000 homes and businesses.

businessNews reuters.com

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

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

cnn.com

Analysis: Trump's chaos presidency hits frightening level

Jeb Bush was right.

companyNews reuters.com

UPDATE 2-'Bomb cyclone' hits U.S. East Coast energy, power supply

NEW YORK/LONDON, Jan 4 (Reuters) - A severe winter storm froze pipes and disrupted services at refineries on the U.S. Atlantic coast on Thursday, sending fuel prices higher as heavy snowfall and high winds caused electricity outages for almost 80,000 homes and businesses.

companyNews reuters.com

GRAPHIC-Dow hits another record, tops 25,000

NEW YORK, Jan 4 (Reuters) - The Dow Jones Industrial Average broke above the 25,000 level for the first time on Thursday, taking less than a year to add a 5,000-point milestone which is the fastest since the index was created in May 1896.

topNews reuters.com

Blast hits police in Afghan capital Kabul, dozens of casualties

KABUL (Reuters) - A suicide bomber in the Afghan capital caused dozens of casualties on Thursday after blowing himself up close to a group of security personnel who were carrying out an operation against illegal drugs and alcohol dealing, officials said.

topNews reuters.com

Blast hits Afghan capital Kabul, dozens of casualties

KABUL (Reuters) - A suicide bomber in the Afghan capital caused dozens of casualties on Thursday after blowing himself up close to a group of security personnel who were carrying out an operation against illegal drugs and alcohol dealing, officials said.

Corporate Taxes nytimes.com

Companies Warn of Hits From Tax Cuts. Don’t Be Fooled.

Companies are expected to report billions of dollars in short-term losses stemming from the new tax law. But they are a prelude to much larger profits.

worldNews reuters.com

Blast hits Afghan capital Kabul, causing casualties: police

KABUL (Reuters) - A suicide attack hit the Afghan capital on Thursday, causing casualties among security personnel who had been carrying out an operation against illegal drugs and alcohol deals, witnesses and police officials said.

worldNews reuters.com

Blast hits Afghan capital Kabul, casualties feared - police

KABUL (Reuters) - An suicide attack hit an area of the Afghan capital Kabul on Thursday, officials and witnesses said, causing casualties among nearby security personnel.

businessNews reuters.com

Brookfield Business Partners to buy Westinghouse for $4.6 billion

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

environmentNews reuters.com

Powerful snowstorm hits eastern U.S., snarling travel

BOSTON/NEW YORK (Reuters) - High winds and heavy snow barreled into the U.S. Northeast on Thursday, closing schools and government offices and disrupting travel as work crews scrambled to clear roads before plummeting temperatures turn snow into treacherous ice.

cnn.com

Dow hits 25,000 for the first time