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- Wall Street ends higher despite government shutdown threat
Fri, 19 Jan 2018 17:30:33 -0500
NEW YORK (Reuters) - Wall Street rose on Friday, led by gains in consumer stocks, even as a possible government shutdown loomed.
- Possible Buffett heir Abel has small Berkshire stake, likely to grow
Fri, 19 Jan 2018 20:25:39 -0500
(Reuters) - Greg Abel, considered by many investors the top contender to succeed Warren Buffett as Berkshire Hathaway Inc's chief executive officer, on Friday reported owning about $2.1 million of the conglomerate's stock.
- FTC makes second request on Broadcom's bid for Qualcomm
Fri, 19 Jan 2018 20:29:52 -0500
(Reuters) - The U.S. Federal Trade Commission has made a second request for information on chipmaker Broadcom Ltd's $103 billion hostile bid for Qualcomm Inc, Broadcom said in a statement on Friday, a move that could indicate heightened antitrust scrutiny.
- ADM pursues big ag merger with grain trader Bunge: WSJ
Fri, 19 Jan 2018 20:28:58 -0500
CHICAGO/CALGARY, Alberta (Reuters) - Top U.S. grains merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , The Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with Swiss-based rival Glencore Plc .
- Twitter to notify users exposed to Russian propaganda during U.S. elections
Sat, 20 Jan 2018 02:13:16 -0500
(Reuters) - Twitter Inc , which is reviewing Russian interference during the 2016 U.S. elections, said on Friday it would notify some of its users whether they were exposed to content generated by a suspected Russian propaganda service.
- Judge overseeing AT&T, Time Warner merger trial hears document dispute
Fri, 19 Jan 2018 20:36:53 -0500
WASHINGTON (Reuters) - AT&T, owner of DirecTV, is asking for documents from a long list of companies as part of preparation for a trial to determine if they will be allowed to buy movie and TV show maker Time Warner, their lawyer Daniel Petrocelli said in a pre-trial hearing on Friday.
- Venezuela's woes poised to hit U.S. oilfield service firms' earnings
Fri, 19 Jan 2018 18:02:30 -0500
HOUSTON (Reuters) - U.S. oilfield service companies exposed to Venezuela face new hits to earnings from the South American nation's ongoing economic turmoil and U.S. sanctions on the country and state-run oil company PDVSA.
- Parent company of 7-Eleven agrees to divest some U.S. stores in Sunoco deal
Fri, 19 Jan 2018 18:07:47 -0500
WASHINGTON (Reuters) - Seven & i Holdings Co Ltd , the Tokyo-based parent company of the 7-Eleven network of stores, agreed to sell and divest some of its stores in its proposed $3.3 billion acquisition of 1,100 Sunoco LP outlets, the U.S. Federal Trade Commission said Friday.
- McDonald's 'joint employment' trial delayed amid settlement talks
Fri, 19 Jan 2018 20:38:54 -0500
(Reuters) - McDonald's Corp and a U.S. labor board are in talks to settle a case claiming the fast food company is liable for purported labor law violations by its franchisees, leading a judge on Friday to pause a trial that began in 2015.
- GE shares stumble to worst week since financial crisis
Fri, 19 Jan 2018 16:27:43 -0500
NEW YORK (Reuters) - General Electric shares tumbled for a fifth straight session on Friday, sending the stock to its biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the week.