Reuters Business Today: June 21, 2017

Click to View in Browser Wednesday, June 21, 2017 S&P, Dow hurt by energy, banks; biotech boosts Nasdaq NEW YORK (Reuters) - The S&P 500 and Dow stock indexes were weighed down by falling energy shares as oil prices fell on Wednesday and added to investor concerns about low inflation, while healthcare and technology stocks helped lift the Nasdaq Composite index. Uber CEO Travis Kalanick resigns under investor pressure SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under pressure from investors after a string of setbacks. Kalanick's departure caps a tumultuous period for the world's largest ride-services company that has revolutionized the taxi industry and challenged transportation regulations worldwide. Diageo to buy George Clooney's tequila brand Casamigos for up to $1 billion LONDON (Reuters) - Diageo Plc has agreed to buy George Clooney's high-end tequila brand Casamigos in a deal valuing it at up to $1 billion, as the world's largest spirits maker seeks to boost its presence in a high-growth market. Judge approves temporary stop to DraftKings, FanDuel merger WASHINGTON (Reuters) - A federal judge has approved a temporary halt of a merger between sport fantasy companies DraftKings and FanDuel. Oracle beats profit estimates on cloud push, shares jump (Reuters) - Oracle Corp's quarterly profit blew past analysts' estimates as the business software maker's big push toward cloud-based products and services paid off. Harley-Davidson enters race to buy Italian rival Ducati: sources LONDON (Reuters) - U.S. motorcycle maker Harley-Davidson is lining up a takeover bid for Italian rival Ducati, potentially bringing together two of the most famous names in motorcycling in a deal that could be worth up to 1.5 billion euros ($1.67 billion), sources told Reuters. Boeing's Conner bows out with $1.2 billion air show deal PARIS (Reuters) - Boeing Vice Chairman Ray Conner on Wednesday sealed his last air show deal before retiring, signing off with the conversion of ten orders to the new 737 MAX 10 model for Donghai Airlines in China, where near-record traffic growth is powering aviation. For thousands of U.S. auto workers, downturn is already here LORDSTOWN, Ohio (Reuters) - Wall Street is fretting that the U.S. auto industry is heading for a downturn, but for thousands of workers at General Motors Co factories in the United States, the hard times are already here. Oil drops to 10-month low; biggest first-half slide in 20 years NEW YORK (Reuters) - Oil prices ended down more than 2 percent on Wednesday after hitting a 10-month low in volatile trade, as growing U.S. production and reduced Chinese refinery activity fed mounting concern over the stubborn global crude glut. Apple adds Virgin to U.S. carrier lineup as Virgin ditches Android (Reuters) - Apple Inc will soon start selling wireless plans from Virgin Mobile USA, the first new carrier offered by the iPhone maker's since 2013, the companies said on Wednesday. Related Video China shares get MSCI nod in landmark moment Bank of England comments compound Brexit 'muddle' Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook