Business

  • NAFTA talks intensify; U.S. seen putting off key demand on autos

    [ad_1] OTTAWA (Reuters) – Talks to update the North American Free Trade Agreement intensified on Saturday although U.S. negotiators looked set to once again withhold proposals for one of the Trump administration’s most challenging issues.…

  • Wells Fargo hires new law firm to prepare CEO for Senate appearance

    [ad_1] NEW YORK (Reuters) – Wells Fargo & Co. (WFC.N) has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month…

  • Take Five: World markets themes for the week ahead

    [ad_1] LONDON (Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1/ STRONG QUARTER? NOT HALF It’s the…

  • Wall Street slips on healthcare, North Korea, earnings angst

    [ad_1] (Reuters) – U.S. stocks were down slightly in late afternoon trading on Friday as Apple weighed and investors eyed the progress of a healthcare bill in Washington on top of concerns about North Korea…

  • Exclusive: T-Mobile, Sprint close to agreeing on deal terms – sources

    [ad_1] (Reuters) – T-Mobile US Inc (TMUS.O) is close to agreeing tentative terms on a deal to merge with peer Sprint Corp (S.N), people familiar with the matter said, a major breakthrough in efforts to…

  • U.S. Commerce chief: U.S. content falling in Mexican, Canadian imports

    [ad_1] WASHINGTON (Reuters) – U.S. Commerce Secretary Wilbur Ross said on Thursday a new study by his department shows that U.S. value-added content is declining for manufactured goods imported from Mexico and Canada, arguing that…

  • Wall Street lower with pressure from Apple, rate expectations

    [ad_1] (Reuters) – U.S. stock indexes were trading lower on Thursday, weighed down by Apple and rising expectations for a third interest rate hike this year. The S&P and the Dow were on track to…

  • Futures flat after Fed signals third rate hike this year

    [ad_1] (Reuters) – U.S. stock index futures were little changed on Thursday, a day after the Federal Reserve signaled that it could raise interest rates for the third time this year despite low inflation and…

  • Dollar shines, Asia shares slip after Fed signals December rate hike

    [ad_1] TOKYO (Reuters) – The U.S. dollar shone while Asian shares slipped on Thursday after the U.S. Federal Reserve announced a plan to start shrinking its balance sheet and signalled one more rate hike later…

  • Pfizer files suit against J&J over Remicade contracts

    [ad_1] (Reuters) – Drugmaker Pfizer Inc (PFE.N) on Wednesday filed a lawsuit against Johnson & Johnson (JNJ.N), saying its rival’s contracts with health insurers for blockbuster rheumatoid arthritis drug, Remicade, were anticompetitive and blocked sales…

  • Wal-Mart to give more hours to current staff this holiday season

    [ad_1] (Reuters) – Wal-Mart Stores Inc (WMT.N) said on Wednesday it would not hire temporary workers this holiday season and would instead offer the extra hours to its current employees. This is in sharp contrast…

  • Buffett calls pessimists about United States 'out of their mind'

    [ad_1] NEW YORK (Reuters) – Uncertainty about how the United States will cope with growing tumult in the world has not dampened Warren Buffett’s optimism for the country’s prospects over the long term — even…

  • Wall St. edges up as U.S. Fed meeting is in focus

    [ad_1] (Reuters) – U.S. stocks were slightly higher on Tuesday, helped by gains in financial, technology and telecom stocks, but indexes traded in a narrow range as investors stayed away from making major bets ahead…

  • Shares tap brakes, dollar reverses as Fed nears

    [ad_1] LONDON (Reuters) – Record-high world stocks paused on Tuesday and the dollar dipped, as investors waited for signals from the Federal Reserve on when it will start shrinking its balance sheet and nudge up…

  • CBS raises bid for Australia's Ten Network

    [ad_1] SYDNEY (Reuters) – CBS Corp (CBS.N) has sweetened its bid for Australian broadcaster Ten Network Holdings Ltd (TEN.AX), ahead of a key creditors’ vote later on Tuesday on the future of the company. CBS,…

  • Honda invests $267 million, to add 300 jobs for new Accord model

    [ad_1] DETROIT (Reuters) – Honda Motor Co Ltd (7267.T) said on Monday its has invested $267 million and will add 300 new jobs to support increased production of its revamped 2018 Accord sedan model at…

  • U.S. trial set to begin for ex-HSBC executive in foreign exchange scheme

    [ad_1] NEW YORK (Reuters) – A former high-ranking HSBC Holdings Plc (HSBA.L) executive from Britain on Monday will become the first person to go to trial on charges stemming from a U.S. probe into foreign…

  • Northrop Grumman nears deal to purchase Orbital ATK: source

    [ad_1] NEW YORK (Reuters) – U.S. defense contractor Northrop Grumman Corp (NOC.N) is poised to announce a purchase of missile and rocket maker Orbital ATK Inc (OA.N) as soon as Monday, a person familiar with…

  • Volkswagen is 'second mover' in electric commercial vehicles: executive

    [ad_1] FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) is a “second mover” in electrified commercial vehicles, after lagging companies such as Tesla (TSLA.O) and Deutsche Post DHL (DPWGn.DE) in putting them on the road, the head of…

  • Real Madrid adds luster to China's wannabe 'Orlando' tourist hub

    [ad_1] HENGQIN, China (Reuters) – Just a stone’s throw across a narrow waterway from the world’s largest gambling hub Macau, a former oyster farming island is being transformed into China’s newest tourism haven. Dubbed by…

  • Trump move to block chipmaker deal bad for America – Xinhua

    [ad_1] SHANGHAI (Reuters) – U.S. President Donald Trump’s decision to block a Chinese-backed firm from buying a U.S.-based chipmaker this week is detrimental to America’s growth and the global economy, China’s state news agency Xinhua…

  • Ant Financial to try again for U.S. approval of MoneyGram deal: source

    [ad_1] (Reuters) – Chinese payments company Ant Financial is planning to resubmit its application for U.S. review of its deal to buy MoneyGram International Inc (MGI.O) for $1.2 billion, a source familiar with the matter…

  • Toys 'R' Us mulls bankruptcy filing: Wall Street Journal

    [ad_1] (Reuters) – Toys ‘R’ Us Inc could file for bankruptcy in the coming weeks as pressure from skittish suppliers intensifies, the Wall Street Journal reported on Friday, citing people familiar with the matter. The…

  • Exclusive: AT&T weighs divestiture of Latin American TV assets – sources

    [ad_1] (Reuters) – AT&T (T.N) is evaluating a sale of its pay TV operations in Latin America as it seeks to pay down debt following its planned $85.4 billion acquisition of Time Warner Inc (TWX.N),…

  • Wall Street hits record high, S&P 500 teases 2,500-mark

    [ad_1] (Reuters) – Wall Street touched intra-day record highs on Friday, with the S&P 500 approaching the 2,500 mark as technology stocks bounced back after two days of declines. The S&P 500 information technology sector…

  • North Korea missile test leaves stocks unimpressed; yen wilts

    [ad_1] LONDON (Reuters) – Traders paid little attention to the latest missile test by North Korea on Friday, with shares and other risk assets barely moving, gold lower and focus rapidly returning to when and…

  • Alphabet talks with Lyft about possible investment: source

    [ad_1] SAN FRANCISCO (Reuters) – Alphabet Inc (GOOGL.O) is in discussions with Lyft Inc about a possible investment in the ride-hailing company, potentially deepening an existing partnership between the two firms, a person familiar with…

  • Lawsuit accuses Google of discriminating against women in pay, promotions

    [ad_1] (Reuters) – Three female former employees of Alphabet Inc’s (GOOGL.O) Google filed a lawsuit on Thursday accusing the tech company of discriminating against women in pay and promotions. The proposed class action lawsuit filed…

  • UK confirms Murdoch's Sky bid will be examined over broadcasting standards

    [ad_1] LONDON (Reuters) – Rupert Murdoch’s planned $15 billion takeover of European broadcaster Sky (SKYB.L) will be referred to regulators over concerns about broadcasting standards, Britain’s Culture and Media Secretary Karen Bradley said on Thursday.…

  • Asia stocks steady, soft China data taken in stride

    [ad_1] TOKYO (Reuters) – Asian stocks held steady on Thursday, consolidating after touching their highest in a decade and appeared to take in stride a burst of Chinese data which undershot market expectations. That took…