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Current feed - Reuters: Business News

Wall Street opens higher as investors shrug off shutdown fears
(Reuters) - U.S. stocks opened higher on Friday, putting the major indexes on track for three straight weeks of gains as hopes of a strong earnings season overshadowed fears of a potential U.S. government shutdown.

SEC says bitcoin funds raise 'investor protection issues'
(Reuters) - The U.S. securities regulator on Thursday raised alarm about the safety of bitcoin-themed investments, telling the fund industry they want answers to their concerns before endorsing more than a dozen proposed products based on cryptocurrencies.

Exclusive: Trump's coal job push stumbles in most states - data
WASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew modestly, according to preliminary government data obtained by Reuters.

Japan, U.S. to discuss trade 'framework', U.S. envoy says: NHK
TOKYO (Reuters) - Japan and the United States next week will start to discuss a framework of negotiations with the aim of concluding a trade pact and fixing bilateral trade imbalances, Japanese public broadcaster NHK quoted the U.S. ambassador to Japan as saying.

NAFTA talks seen ending happily, despite growls from Trump
BENGALURU/SAO PAULO (Reuters) - The North American Free Trade Agreement will probably be renegotiated successfully with only marginal changes, said a large majority of economists in a Reuters poll, despite the Trump administration's saber-rattling.

Wall Street traders brace for meager paychecks as bonus season approaches
NEW YORK (Reuters) - Some traders at the largest Wall Street banks are about to get big, fat zeroes for bonuses while they watch markets thrive.

Road to ruin? Carillion collapse puts spotlight on UK outsourcing model
LONDON/BALMEDIE, Scotland (Reuters) - In Balmedie, a village on the northeast coast of Scotland, an unfinished 12 km stretch of dual carriageway is a stark illustration of why British construction company Carillion went bust this week.

Delta Air to tighten onboard emotional support animal requirements
NEW YORK (Reuters) - Delta Air Lines is tightening the requirements for passengers traveling with onboard service and emotional support animals, the carrier said on Friday, following a sharp uptick in animal-related safety issues over the last several years.

Lowe's names two directors after talks with activist investor
(Reuters) - Home improvement chain Lowe's Cos Inc appointed two independent board members and plans to add a third following talks with activist hedge fund D.E. Shaw & Co, sending its shares up 2 percent premarket.

U.S. shutdown fears hurt dollar, Treasury yields at highest since 2014
LONDON (Reuters) - The dollar wallowed near three-year lows on Friday as heightened fears of a U.S. government shutdown unnerved investors, while U.S. Treasury yields continued an upward march to hit their highest levels since September 2014.

 

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