WASHINGTON (Reuters) - The U.S. trade deficit increased to a more than nine-year high in January, with the shortfall with China widening sharply, suggesting that President Donald Trump's "America First" trade policies aimed at eradicating the deficit will likely fail. [Source]
BUENOS AIRES (Reuters) - The world's financial leaders rejected protectionism on Tuesday and urged "further dialogue" on trade, but failed to diffuse the threat of a trade war days before U.S. metals tariffs take effect and Washington is to announce measures against China.
BRUSSELS (Reuters) - The European Commission will propose rules on Wednesday designed to make digital companies pay their fair share of tax and set to hit U.S. tech giants such as Google and Facebook .
SYDNEY (Reuters) - A hush settled over financial markets on Wednesday as investors waited to hear how often the Federal Reserve might hike U.S. rates this year, while the currencies of exporting nations were rattled by fears of a full-blown trade war.
TEMPE, Ariz./DETROIT (Reuters) - Arizona officials said on Tuesday they saw no immediate need to tighten rules on the testing of self-driving cars in the state in reaction to a fatal accident involving an Uber autonomous vehicle that has focused attention on the safety of the new technology.
LONDON/SAN FRANCISCO (Reuters) - The suspended chief executive of Cambridge Analytica said in a secretly recorded video broadcast on Tuesday that his UK-based political consultancy's online campaign played a decisive role in U.S. President Donald Trump's 2016 election victory.
(Reuters) - Salesforce.com Inc said on Tuesday it would buy U.S. software maker MuleSoft Inc for about $5.90 billion in a cash-and-stock deal, illustrating CEO Marc Benioff's push to bolster the company's cloud-based portfolio with new technology.
WASHINGTON (Reuters) - In a preview of arguments in a trial over AT&T's deal to buy Time Warner Inc , government lawyers said on Tuesday the deal will raise prices for consumers while AT&T's lawyer argued the company has no reason to withhold programming from competitors as feared.
(Reuters) - Daniel Ek, the Swedish CEO and co-founder of streaming music leader Spotify Technology SA , is set to sell 15.8 million shares of the company worth up to $2 billion in its direct listing, the company disclosed in a new filing on Tuesday.
(Reuters Health) - Teens and young adults who harm themselves without suicidal intent often kill themselves soon afterward, and the increased risk of death is greatest when guns are involved, a U.S. study suggests.
NEW YORK (Reuters) - The death of a pedestrian hit by a self-driving Uber vehicle in Arizona this week could offer a test of who can be held legally responsible for accidents when a human is no longer at the wheel, legal experts said.
BRUSSELS (Reuters) - EU governments agreed on Tuesday to offer British banks and airlines hope of good market access after Brexit but kept London waiting for confirmation it will get the transition deal it wants to avoid disrupting business.
(Reuters) - Toys 'R' Us said at a bankruptcy court hearing on Tuesday that it was working hard to maximize payments to suppliers and lenders, as it starts to shutter 735 big-box toy stores across the United States.
BUENOS AIRES (Reuters) - The world's financial leaders are likely to reaffirm on Tuesday their commitment to fighting protectionism and recognize the need for "further dialogue and actions" on trade, just days before U.S. steel and aluminum tariffs are to enter into force.
GREAT MILLS, Md. (Reuters) - A 17-year-old student shot and critically wounded two fellow students at a Maryland high school on Tuesday morning before dying after exchanging gunfire with a campus security officer, the county sheriff said.
DETROIT (Reuters) - Toyota Motor Corp said on Tuesday it will pause autonomous vehicle testing following an accident in which an Uber Technologies Inc [UBER.UL] self-driving vehicle struck and killed a woman in Tempe, Arizona.
WASHINGTON (Reuters) - A U.S. Senate panel on Tuesday will ask automakers and regulators why tens of millions of vehicles with faulty Takata air bag inflators remain on the road years after deaths prompted the largest auto safety recall in history.
WASHINGTON (Reuters) - Conservative U.S. Supreme Court justices on Tuesday signaled sympathy toward Christian-based facilities that argued that a California law requiring them to post signs disclosing the availability of state-subsidized abortions and birth control violates their right to free speech.
WASHINGTON/LONDON (Reuters) - The U.S. Federal Trade Commission is investigating Facebook Inc over its use of personal data, Bloomberg News reported on Tuesday, after a whistleblower said a political consultancy hired by Donald Trump improperly accessed information on 50 million Facebook users to sway public opinion.
(Reuters) - U.S. defense contractor General Dynamics on Tuesday raised its offer for sector peer CSRA Inc to $9.7 billion, including $2.8 billion in debt, in an attempt to top an unsolicited bid from CACI International Inc .
BERLIN (Reuters) - German prosecutors said on Tuesday they had searched Volkswagen's headquarters as part of a new investigation into whether the carmaker had overstated the fuel efficiency of more vehicles than previously disclosed.
(Reuters) - Toys 'R' Us heads to U.S. Bankruptcy Court on Tuesday to defend its liquidation plan against an onslaught of objections from creditors, particularly suppliers demanding payment for thousands of toys ranging from Poopeez to Bratz.
LAS VEGAS (Reuters) - Package delivery company FedEx Corp said on Tuesday it will open 500 FedEx Office stores inside Walmart Inc's U.S. locations, a partnership intended to help both companies attract new customers and handle online order returns.
A shooting has been reported at Great Mills High School in Maryland, the St. Mary's County Public Schools said on its website. "The school is on lock down," the school district said, and the incident has been contained. "The Sheriff's office is on the scene; additional information to follow," the statement said.
LONDON (Reuters) - Britain is investigating whether Facebook did enough to protect data after a whistleblower said a London-based political consultancy hired by Donald Trump improperly accessed information on 50 million Facebook users to sway public opinion.
(Reuters) - Wall Street's main indexes opened higher on Tuesday, led by gains in financial stocks ahead of a near-certain interest rate hike by the Federal Reserve, but declines in Facebook and Oracle weighed on technology shares.
(Reuters) - Several people were shot at a Maryland high school on Tuesday, local news media reported, after school officials confirmed the campus was on lockdown and the incident had been "contained."
(Reuters) - U.S. defense contractor General Dynamics said on Tuesday it had raised its offer for smaller sector peer CSRA Inc to $9.7 billion, including $2.8 billion in debt, as it strives to top CACI International Inc's offer.
NEW DELHI (Reuters) - Pratt & Whitney will soon begin deliveries of spare engines to India's IndiGo airlines, which was forced to ground eight of its Airbus A320neo aircraft last week after engine problems, a source familiar with the matter told Reuters.
ISTANBUL (Reuters) - Turkish authorities on Tuesday detained more than 100 suspected Kurdish militants on suspicion of planning illegal demonstrations or plotting attacks for the Newroz spring festival, police, state media and a security source said.
LAS VEGAS (Reuters) - Amazon.com Inc is making a push for merchants on its website to sell goods into other countries, setting the stage for greater competition with rival marketplaces run by eBay Inc and potentially Alibaba Group Holding Ltd.
TEL AVIV (Reuters) - Silicon Valley billionaire Elon Musk was in Israel to discuss a collaboration between electric car company Tesla Inc and Tel Aviv-based artificial intelligence firm Cortica, the Globes financial news website said on Tuesday.
LONDON (Reuters) - Global equities trod water on Tuesday ahead of a U.S. Federal Reserve policy meeting, while investors reassessed their views of tech stocks following a slump in Facebook's shares after reports of data misuse.
LONDON (Reuters) - Britain is investigating whether Facebook did enough to secure data after reports that a political consultancy hired by Donald Trump improperly accessed information about 50 million Facebook users, Information Commissioner Elizabeth Denham said on Monday.
BERLIN (Reuters) - Volkswagen said on Tuesday that its global headquarters were searched again by German prosecutors in early March as part of an investigation into its diesel emissions scandal, confirming a magazine report.
BEIJING (Reuters) - Voicing hopes that Beijing and the United States could avoid a trade war, Premier Li Keqiang told the close of the annual parliament session that China would open its economy further, so that foreign and Chinese firms can compete on an equal footing.
SHANGHAI (Reuters) - Delegates to China's annual meeting of parliament have urged the state to provide more policy clarity for the electric car industry and overhaul a local government subsidy program they say has distorted the market.
TOKYO (Reuters) - North Korea's growing missile arsenal might be the most obvious and immediate military threat facing Japan, but defense planners in Tokyo are focused on a much larger and more challenging foe as they prepare for the years ahead.
NEW YORK/MELBOURNE (Reuters) - The U.S. securities regulator said on Monday that a U.S. court should deny a bid by Rio Tinto Plc and two former top executives to have civil fraud charges over a failed African coal project dismissed.
(Reuters) - Most Android phones will have to wait until 2019 to duplicate the 3D sensing feature behind Apple’s Face ID security, three major parts producers have told Reuters, handicapping Samsung and others on a technology that is set to be worth billions in revenue over the next few years.
NEW YORK (Reuters) - As a senior vice president at Wachovia and then Morgan Stanley during the dark months of the 2008 and 2009 financial crisis, Derek Peterson watched as colleagues lost their jobs and life savings and wondered if he was next.
NEW YORK (Reuters) - U.S. film and TV studio The Weinstein Company, whose ex-Chairman Harvey Weinstein has been accused of sexual harassment and assault, said on Monday it filed for bankruptcy and was ending all non-disclosure agreements that may have silenced some women.
(Reuters) - U.S. movie studio Metro Goldwyn Mayer will replace its chief executive, Gary Barber, five months after extending his contract for five years and has begun a search for a new CEO, MGM Holdings Inc said on Monday.
TOKYO (Reuters) - Asian shares fell on Tuesday as investors dumped high-flying U.S. technology shares on fears of stiffer regulation as Facebook came under fire following reports it allowed improper access to user data.
LONDON, March 19 (Reuters) - The last time banks had to pay this much to borrow dollars from each other over near risk-free borrowing costs, the euro zone's very existence was in peril. The time before that, the global financial system was slowly coming back from the brink of collapse.
(Reuters) - The brother of suspected Florida high school shooter Nikolas Cruz was arrested on Monday afternoon for trespassing at the school where 17 people were shot dead last month, according to the Broward County Sheriff’ Office.
NEW YORK (Reuters) - U.S. film and TV studio The Weinstein Company plans to file for bankruptcy in Delaware as soon as Monday night with an offer for the company in hand from private equity firm Lantern Capital, a person familiar with the matter said.
WASHINGTON (Reuters) - President Donald Trump on Monday signed an executive order barring any U.S.-based financial transactions involving Venezuela's new petro cryptocurrency, as U.S. officials warned that it was a "scam" by President Nicolas Maduro's government to further undermine democracy in the OPEC country.
TEMPE, Ariz./SAN FRANCISCO (Reuters) - An Uber self-driving car hit and killed a woman crossing the street in Arizona, police said on Monday, marking the first fatality caused by an autonomous vehicle and a potential blow to the technology expected to transform transportation.
(Reuters) - Facebook Inc Chief Executive Mark Zuckerberg faced calls on Monday from U.S. and European lawmakers to explain how a consultancy that worked on President Donald Trump's election campaign gained improper access to data on 50 million Facebook users.
BUENOS AIRES (Reuters) - The world's financial leaders sought on Monday to endorse free trade amid concerns over U.S. tariffs on steel and aluminium, while the United States said it could not sacrifice its national interests to make the system work.
(Reuters) - Arena Pharmaceuticals Inc said on Monday a higher dose of its experimental drug succeeded in improving symptoms associated with ulcerative colitis, a chronic bowel disease, in a mid-stage study.
(Reuters Health) - Young children who are hospitalized with head injuries may be at higher than average risk for developing attention deficit hyperactivity disorder (ADHD) later on, a small study suggests.
LOS ANGELES/NEW YORK (Reuters) - Whole Foods will host a summit beginning Tuesday for up to 200 of its suppliers in its hometown of Austin, Texas, amid anxiety and speculation about how its ongoing business revamp will play out under new owner Amazon.com.
NEW YORK (Reuters) - U.S. stocks dropped on Monday, with the S&P and Nasdaq suffering their worst day in just over five weeks, as concerns over increased regulation for large tech companies was spearheaded by a plunge in Facebook shares.
WASHINGTON (Reuters) - U.S. President Donald Trump on Monday signed an executive order barring any U.S.-based financial transactions involving Venezuela's new petro cryptocurrency, as U.S. officials warned that it was a "scam" by President Nicolas Maduro's government to further undermine democracy in the OPEC country.
SAN FRANCISCO (Reuters) - A deep sell-off across technology companies on Monday on U.S. stock markets left some investors worrying how much longer those high-flying stocks' market leadership would last.
WASHINGTON (Reuters) - AT&T Inc sought to persuade a judge on Monday to throw out evidence the government seeks to use in a trial that begins this week to show that the company's $85 billion acquisition of Time Warner Inc would harm consumers and competitors.
BUENOS AIRES (Reuters) - The world's financial leaders were seeking on Monday to clearly endorse free trade and renounce protectionism amid concern that U.S. tariffs on steel and aluminum and looming actions against China could trigger a trade war that would hurt global growth.
CHICAGO (Reuters) - Archer Daniels Midland Co said on Monday that it would restructure its business units, as the U.S. agricultural merchant seeks ways to remain competitive in the face of persistent tight margins in the global grains sector.
(Reuters) - Facebook Inc Chief Executive Mark Zuckerberg faced calls on Monday from U.S. and European lawmakers to explain how a consultancy that worked on President Donald Trump's election campaign gained access to data on 50 million Facebook users.
SAN FRANCISCO (Reuters) - A woman died of her injuries after being struck by a Uber self-driving vehicle in Arizona, police said on Monday, and the ride hailing company said it had suspended its autonomous vehicle program across the United States and Canada.
(Reuters) - U.S. stocks sank about 2 percent on Monday, with the Dow Jones Industrial Average shedding nearly 400 points, as Facebook led a selloff in technology stocks on reports that the social media company's user information was misused.
(Reuters) - McDonald's Corp on Monday said it had agreed to settle a U.S. labor board case on whether the company is accountable for its franchisees' alleged labor law violations, according to a source involved in the case.
WASHINGTON (Reuters) - U.S. President Donald Trump on Monday blocked the use of Venezuelan cryptocurrencies through an executive order prohibiting such transactions by those in the United States, the White House said in a statement.
WASHINGTON (Reuters) - Volkswagen AG will announce on Monday that it plans to invest $340 million to build a new sport utility vehicle at its Chattanooga, Tennessee, plant in the United States as demand surges for larger vehicles, according to a person briefed on the announcement.
(Reuters) - Cloud storage company Dropbox Inc's [DBX.O] initial public offering was oversubscribed, two people familiar with the matter said on Monday, indicating healthy demand for the first big tech IPO this year even as tech stocks opened the week on sour note.
WASHINGTON (Reuters) - A trial that could shape the future of U.S. media ownership kicks off in Washington this week as the Department of Justice seeks to block AT&T Inc's $85 billion acquisition of Time Warner Inc.
WASHINGTON (Reuters) - Several large U.S. retail companies, including Wal-Mart Inc, Target Corp, Best Buy Co Inc and Macy's Inc, on Monday sent President Donald Trump a letter urging him not to impose massive tariffs on goods imported from China.
WASHINGTON, March 19 (Reuters) - Several large retail companies, including Wal-Mart, Target, Best Buy and Macy's, are making a direct appeal to President Donald Trump not to impose massive tariffs on goods imported from China, in a letter sent to the White House on Monday.
(Reuters) - Facebook Inc's shares fell more than 4 percent in premarket trading after media reports that a political consultancy that worked on President Donald Trump's campaign gained inappropriate access to data on 50 million Facebook users.
WILMINGTON, Del (Reuters) - Barring a last-minute buyer, Toys 'R' Us will soon disappear from U.S. shopping centers, but the name and its iconic Geoffrey the Giraffe mascot are likely to survive for another generation of Toys 'R' Us kids.
(Reuters) - Oil giant Saudi Aramco is looking to buy a majority stake in a proposed refinery and petrochemical complex valued at 3 trillion rupees ($46.10 billion) in the western Indian state of Maharashtra, local daily Economic Times reported, citing people familiar with the matter.
BEIJING/SINGAPORE (Reuters) - Alibaba Group Holding Ltd said it will invest an extra $2 billion in Southeast Asian e-commerce firm Lazada Group and tapped a top executive to run the business, as it takes on rivals such as tech titan Amazon in an aggressive expansion in the region.
SINGAPORE (Reuters) - Singapore's central bank imposed penalties of S$5.2 million ($3.95 million) on Standard Chartered Bank (SCBC) and S$1.2 million on Standard Chartered Trust (Singapore) (SCTS) for breaching money laundering rules and terrorism financing safeguards.
BEIJING (Reuters) - China elevated a key confidante of President Xi Jinping to one of the top positions in government on Monday as Beijing cracks down on riskier financing and a debt build-up that may pose systemic risks to the world's second-largest economy.
PARIS (Reuters) - Societe Generale SA said on Monday that it hoped to resolve "within weeks" U.S. investigations into alleged Libor rigging and transactions made by the French bank involving Libyan counterparts.
MUMBAI (Reuters) - Drivers for app-based cab aggregators Uber and Ola started an indefinite strike across India on Monday, demanding extra pay as a surge in the number of cabs on the two platforms, coupled with cutbacks in incentive payments, have stung drivers.
BEIJING (Reuters) - China elevated a key confidante of President Xi Jinping to one of the top positions in government on Monday as Beijing cracks down on riskier financing and a debt to reduce systemic risks to the world's second-largest economy.
MEXICO CITY/SAN FRANCISCO (Reuters) - Working quietly from a shared office space in one of Mexico City's trendiest neighborhoods, China's ride-hailing giant Didi Chuxing is planning to hit its archrival Uber where it hurts.
SYDNEY (Reuters) - Asian share markets traded mixed on Monday as caution gripped investors in a week in which the Federal Reserve is likely to hike U.S. interest rates and perhaps signal that as many as three more lie in store for the rest of the year.
WASHINGTON (Reuters) - Jerome Powell heads for his first interest rate increase as Federal Reserve Chairman this week with an unanswered question looming above others: could his optimism about the U.S. economy lead to more hikes than markets have prepared for?
NEW YORK (Reuters) - Real estate brokers scoff that just a fraction of U.S. office space is occupied by co-working and other flexible workspace options, yet data shows over one-quarter of new leases signed in the past two years came from this burgeoning business.
MEXICO CITY/SAN FRANCISCO, March 19 (Reuters) - Working quietly from a shared office space in one of Mexico City's trendiest neighborhoods, China's ride-hailing giant Didi Chuxing is planning to hit its archrival Uber where it hurts.
BEIJING (Reuters) - Alibaba Group Holding Ltd said it will invest an additional $2 billion in Southeast Asian e-commerce firm Lazada Group and replace its chief executive, consolidating its control over the firm as it targets an aggressive expansion in the region.
SEOUL (Reuters) - Shares in Hyundai Motor tumbled on Monday on a U.S. probe into why air bags failed to deploy in some of its Sonata sedans, with investors fretting about potential recall costs for the once popular cars.
A real estate investment startup co-founded by Jared Kushner skirted New York City laws and earned his company more money than expected when they flipped the properties, according to a report by Bloomberg.
BEIJING (Reuters) - Chinese Foreign Minister Wang Yi retained his job and was also promoted to a state councillor on Monday, meaning he now has the country's two top diplomat roles, in a vote of confidence for his strong defense of China's interests.
SYDNEY (Reuters) - Asian share markets slipped into the red on Monday as caution gripped investors in a week in which the Federal Reserve is likely to hike U.S. interest rates and perhaps signal that as many as three more lie in store for the rest of the year.
BEIJING (Reuters) - Chinese Foreign Minister Wang Yi will retain his job and also be promoted to a state councilor, according to a list of nominations for posts for a government reshuffle announced on Monday.
SEOUL (Reuters) - Shares of Hyundai Motor slid on Monday after a U.S. regulator said it had opened a probe into why some air bags failed to deploy in Hyundai and Kia vehicles following crashes that reportedly killed four people and left six injured.
(Reuters) - U.S. defense contractor CACI International Inc said on Sunday it had offered to merge with larger peer CSRA Inc, seeking to disrupt the latter's $6.8 billion acquisition by General Dynamics Corp.
WASHINGTON (Reuters) - Forty-five U.S. trade associations representing some of the largest companies in the country are urging President Donald Trump not to impose tariffs on China, warning it would be "particularly harmful" to the U.S. economy and consumers.
BUPYEONG, South Korea (Reuters) - Having lost his temporary job as a mechanist at GM Korea twice in the past eight years, Shin Hyun-chang was eagerly awaiting a court ruling last month on whether the automaker would be forced to recognize him as a full-time employee.
(Reuters) - Douglas Haynes has resigned as president of Point72 Asset Management LP, a spokeswoman for billionaire Steven Cohen's investment firm said on Sunday, as the company and Haynes face a lawsuit claiming women are subject to a hostile working environment.
Buenos Aires (Reuters) - Worries about the potential for a U.S.-China trade war and frustration over U.S. President Donald Trump's steel and aluminum tariffs threatened to dominate a gathering of finance leaders this week amid strengthening growth.
(Reuters) - U.S. defense contractor CACI International Inc has offered to merge with larger peer CSRA Inc , seeking to disrupt the latter's $6.8 billion acquisition by General Dynamics Corp , people familiar with the matter said.
BUENOS AIRES (Reuters) - Germany's new finance minister Olaf Scholz warned on Sunday that protectionism could harm future economic prospects and said Germany would continue talks to dissuade the United States from imposing planned punitive steel and aluminum tariffs.
NEW YORK (Reuters) - Luke Thomas, 44, an information technology field manager who lives in Miami, began investing in the U.S. stock market in his early 20s, attracted by the prospect of learning “how to grow a little bit of money into a lot,” he said.
(Reuters) - Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc , has launched an initial public offering in New York worth up to $2.4 billion, seeking to expand its range of content.
BEIJING (Reuters) - With pictures of ecstatic citizens standing in applause, tearful legislators and even a social media game, China's propaganda drive has kicked into high gear following Xi Jinping's unanimous reappointment as president.
WASHINGTON (Reuters) - The U.S. Commerce Department said it will begin accepting requests on Monday for product exclusions from President Donald Trump's new steel and aluminum import tariffs, but it could take up to 90 days for the agency to make determinations.
NEW ORLEANS (Reuters) - The number of Americans drinking a daily cup of coffee is at the highest level since 2012, with demand continuing to get a boost from at-home consumption and gourmet drinks, an industry study showed on Saturday.
FRANKFURT (Reuters) - Germany' Daimler is in a push to boost production capacity as its Mercedes-Benz Cars unit eyes annual sales of 3 million vehicles, up from 2.4 million last year, an executive told weekly publication Automobilwoche.
WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said on Saturday it is opening a probe into why some air bags failed to deploy in Hyundai and Kia vehicles after crashes in which four people were reportedly killed and another six injured.
BEIJING (Reuters) - China's Foreign Ministry on Saturday expressed its "resolute opposition" after U.S. President Donald Trump signed legislation that encourages the United States to send senior officials to Taiwan to meet Taiwanese counterparts and vice versa.
WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said on Saturday it is opening an investigation to determine why some air bags failed to deploy in crashes after four deaths were reported in Hyundai Motor Co and Kia Motors Corp vehicles.
BEIJING (Reuters) - China will set more stringent targets for improving the nation's air quality under a new three-year plan, as Beijing prepares to beef up a nationwide crackdown on polluters in its years-long campaign to clear its notoriously toxic skies.
CHICAGO/NEW YORK (Reuters) - When Toys 'R' Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11.
BEIJING (Reuters) - China will set more stringent targets for improving the nation's air quality under a new three-year plan, its environment minister said on Saturday, as the world's No.2 economy aims to clear its notoriously toxic skies.
PHNOM PENH (Reuters) - China and Cambodia on Saturday kicked off military exercises focused on counter-terrorism and rescue operations, highlighting the strong ties between the two countries amid strained relations between Cambodia and the United States.
WASHINGTON (Reuters) - Steel and aluminum users that depend on imported products not available from U.S. producers may have to wait up to 90 days for an exclusion from the Trump administration's new metals tariffs, according to a Commerce Department document.
WASHINGTON (Reuters) - U.S. President Donald Trump on Friday signed legislation that encourages the United States to send senior officials to Taiwan to meet Taiwanese counterparts and vice versa, angering China, which views the self-ruled island as a wayward province.
SAN FRANCISCO (Reuters) - Outsized returns delivered by Amazon.com , Netflix and other heavyweight technology stocks have made them heroes on Wall Street, but some strategists warn that investors' reliance on them exacerbates the risk of a steep downturn.
WASHINGTON (Reuters) - President Donald Trump on Friday signed legislation that encourages the United States to send senior officials to Taiwan to meet Taiwanese counterparts and vice versa, angering China, which views Taiwan as a wayward province.
(Reuters) - Qualcomm Inc on Friday said former executive chairman Paul Jacobs would not be renominated for the U.S. semiconductor company's board after Jacobs disclosed his intention to pursue a long-shot acquisition of the firm.
(Reuters) - Berkshire Hathaway Inc on Friday said its median employee last year made a little over half the $100,000 salary that Chairman Warren Buffett was awarded for running the conglomerate that made him the world's third-richest person.
WASHINGTON (Reuters) - President Donald Trump on Friday signed legislation that would allow U.S. officials to travel to Taiwan to meet their Taiwanese counterparts, a move certain to anger China, which views Taiwan as a wayward province.
SEATTLE (Reuters) - Boeing Co has scrambled to reorganize testing of its new 777X to avoid being delayed by engine snags, while robots and mechanics are starting work on the fuselage, the executive who heads efforts to build the world's largest twin-engined jet said in an interview.
MOSCOW/LONDON (Reuters) - Oil trader Trafigura will regain its position as the largest buyer of seaborne crude from Russia's Rosneft, trading sources told Reuters on Friday, expanding their partnership as Rosneft reduces its dealings with Vitol and Glencore.
NEW YORK (Reuters) - Coca-Cola Co and the U.S. State Department along with two other companies said on Friday they are launching a project using blockchain's digital ledger technology to create a secure registry for workers that will help fight the use of forced labor worldwide.
SAN FRANCISCO (Reuters) - A senior executive said Microsoft Corp thoroughly investigates issues raised by women in the workplace and fired about 20 employees last year over complaints of sexual harassment as the company seeks to counter claims that it treats female workers unfairly.
(Reuters) - Activist investor Carl Icahn on Friday disclosed a 6.86 percent stake in Sharpie pens maker Newell Brands Inc , and said he could seek a board seat at the company, which is already battling another top shareholder over board representation.
News outlets have reported that President Donald Trump has decided to replace his national security adviser, H.R. McMaster. Trump is supposedly waiting to announce the decision until he can find a good next posting for McMaster, who remains an active-duty Army general.
CHICAGO (Reuters) - Caterpillar Inc will close two facilities in Texas and Panama and is also considering shutting its engine manufacturing plant in Illinois as part of a strategy to boost profitability and better handle business cycles, but the move could cut 880 jobs.
MOSCOW (Reuters) - Russia's central bank is considering pumping more than 1 trillion rubles ($17 billion) into two banks it first bailed out last year to shore up their balance sheets, three sources familiar with the discussion told Reuters.
(Reuters) - The smallest member of Boeing Co's upgraded narrowbody jetliner range, the 138-seat 737 MAX 7, began its maiden flight on Friday, heralding months of trials before it enters service next year, the company said.
BRUSSELS (Reuters) - The European Commission called for industry views on Friday on a list of U.S. products it will subject to import tariffs, the first step towards measures to counter planned U.S. taxes on European steel and aluminum.
PARIS (Reuters) - Some 110 countries have agreed to work towards forming an international consensus by 2020 on how to tax digital businesses across borders, the Organisation for Economic Cooperation and Development said on Friday.
NEW YORK (Reuters) - The Federal Reserve Bank of New York is considering a "handful" of candidates for what is seen as the second most influential job at the U.S. central bank, its directors said on Friday, as political pressure mounts to choose someone who breaks with past precedent.
CHICAGO (Reuters) - Caterpillar Inc will close two facilities and is contemplating the closure of its engine manufacturing plant in Illinois, which together could potentially result in about 880 job losses, a company spokeswoman told Reuters on Friday.
(Reuters) - Qualcomm Inc's board of directors was meeting on Friday to discuss former executive chairman Paul Jacobs stepping down after he told the U.S. semiconductor company he was exploring acquiring it, people familiar with the matter said on Friday.
BOSTON (Reuters) - Walt Disney Co Chairman and Chief Executive Robert Iger stands to earn up to $423 million over four years, according to a new analysis of a compensation package rejected by shareholders, and some investors want to raise the bar on his performance targets.
SEOUL (Reuters) - U.S. President Donald Trump asked South Korean officials to show flexibility in trade negotiations with the United States in a phone call with South Korean President Moon Jae-in, the Blue House said in a statement on Friday.
(Reuters) - Wall Street's main indexes opened higher on Friday, lifted by technology and healthcare stocks, with investors assessing the turmoil in the Trump administration and impact of U.S. tariffs on global economy.
March 16 (Reuters) - Wall Street's main indexes opened higher on Friday, lifted by technology and healthcare stocks, with investors assessing the turmoil in the Trump administration and impact of U.S. tariffs on global economy.
(Reuters) - Johnson & Johnson has been offered about $2.1 billion for its LifeScan Inc unit, which makes blood glucose monitoring products, by private investment firm Platinum Equity, the healthcare company said on Friday.
WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in February as a plunge in the construction of multi-family housing units offset a second straight monthly increase in single-family projects.
FRANKFURT (Reuters) - Deutsche Bank paid bonuses worth 2.3 billion euros ($2.83 billion) for 2017, four times higher than the previous year even as the German lender warned on costs for 2018 and reported a bigger 2017 loss than previously disclosed.
LONDON (Reuters) - A major revamp of how investment funds are managed and regulated in Europe appears to be aimed at taking business from Britain and should be scrapped as there is no evidence it is...
SEOUL (Reuters) - South Korea will seek high-level talks with North Korea this month as preparations for a summit began on Friday, the presidential chief of staff said, while officials in the South expressed interest in a separate summit with the United States.
BEIRUT (Reuters) - The Syrian Observatory for Human Rights said on Friday Russian air strikes on the Syrian rebel-held village of Kafr Batna in eastern Ghouta killed 12 civilians and wounded more than 100 others.
HONG KONG (Reuters) - Li Ka-shing's rise from penniless immigrant in 1940 to billionaire tycoon is the consummate success story in Hong Kong, a city which progressed alongside him from trading outpost to one of the world's biggest financial centers.
SHANGHAI (Reuters) - China said it will begin applying its so-called social credit system to flights and trains and stop people who have committed misdeeds from taking such transport for up to a year.
SAN FRANCISCO (Reuters) - A bike-sharing craze that has swept China over the past two years is picking up speed in cities across the United States, but with a different spin as tough local regulations rein in the roll-out of dockless bikes.
SYDNEY (Reuters) - The Association of Southeast Asian Nations (ASEAN) and Australia reject protectionism, Australian Prime Minister Malcolm Turnbull and his Singapore counterpart said on Friday, amid fears about a possible trade war sparked by U.S. plans to raise tariffs on steel and aluminum imports.
HONG KONG, March 16 (Reuters) - CK Hutchison Holdings Ltd on Friday reported a 6 percent rise in annual profit, and said billionaire Li Ka-shing would step down as chairman of the ports-to-telecoms conglomerate after the annual general meeting.
(Reuters) - Former Qualcomm Inc Chairman Paul Jacobs has informed its board of directors that he will seek to partner with investment firms to make an offer for the U.S. semiconductor company, people familiar with the matter said on Thursday.