Wednesday 22 November 2017

Breaking business news: Fed policymakers say rate increase likely warranted soon: minutes

Click to View in Browser
Wednesday, November 22, 2017
Fed policymakers say rate increase likely warranted soon: minutes
WASHINGTON, Nov 22 (Reuters) - Many Federal Reserve policymakers expect that interest rates will have to be raised in the "near term," according to the minutes of the U.S. central bank's last policy meeting released on Wednesday.
Uber breach, cover-up trigger government probes around the globe
TORONTO (Reuters) - Governments around the globe launched investigations into Uber Technologies Inc [UBER.UL] after the company disclosed it had covered up a breach that exposed data on millions of customers and drivers, the latest scandal to rock the ride-hailing firm.
Broadcom considering sweetened Qualcomm bid: sources
(Reuters) - Chipmaker Broadcom Ltd is considering raising its offer to buy rival Qualcomm Inc by offering more of its own stock, following consultation with several of Qualcomm's top shareholders, according to people familiar with the matter.
HPE CEO Whitman's surprise exit stumps Wall Street
(Reuters) - Shares of Hewlett Packard Enterprise Co fell 6 percent on Wednesday after Chief Executive Officer Meg Whitman's decision to step down from the role took Wall Street by surprise.
Wall St. flat ahead of holiday; ISPs rise on net neutrality bets
NEW YORK (Reuters) - U.S. stocks were little changed on Wednesday, with telecom services shares among the biggest movers while the energy sector rose in line with gains in crude oil.
Apple says illegal student labor discovered at iPhone X plant
BEIJING (Reuters) - Smartphone maker Apple Inc and its biggest manufacturing partner on Wednesday said that a small number of students were discovered working overtime in its Chinese factory, violating local labor laws.
Peter Thiel sells most of remaining Facebook stake
(Reuters) - Facebook Inc's first major investor Peter Thiel has sold three-quarters of his remaining stake in the social network as part of a previously established trading plan, a regulatory filing showed.
P&G continues to review vote tally as Peltz awaits board seat
(Reuters) - Procter & Gamble Co is still reviewing a tally of shareholder votes cast at its annual meeting more than a month ago, after a fierce proxy contest narrowly handed activist investor Nelson Peltz a board seat.
Rockwell Automation rebuffs Emerson's latest $29 billion bid
(Reuters) - Rockwell Automation Inc rejected Emerson Electric Co's sweetened $29 billion takeover offer on Wednesday, in its strongest rebuttal to date of the proposed combination of two of the world's largest factory equipment makers.
Keystone clean-up to last several weeks, line restart unclear
NEW YORK/CALGARY (Reuters) - The clean-up of an oil spill from TransCanada Corp's Keystone pipeline may last several weeks, South Dakota's environmental regulator said on Wednesday, but it is still unclear when the key artery will restart.
Related Video
Rockwell rebuffs Emerson's latest bid
UK budget sees weaker growth, more borrowing
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