Wall Street Week Ahead: Supercharged telecom sector could become investor favorite
SAN FRANCISCO (Reuters) – An overhauled telecommunications sector featuring most of the so-called FANG stocks could debut as Wall Street’s…
South Korean steelmaker POSCO names head of Posco Chemtech as candidate for next leader
SEOUL (Reuters) – South Korean steelmaker POSCO on Saturday selected Choi Jeong-woo, the head of affiliate Posco ChemTech, as its…
U.S. District Court rules in favor of Lilly’s Alimta patent
(Reuters) – Eli Lilly and Co said on Friday a U.S. District Court ruled in favor of its patent on…
Opioid reclassification linked to increase in illegal online sales
(Reuters Health) – Online black-market sales of opioid painkillers more than doubled in the United States during the two years…
Thirty-three pregnant Cambodian women discovered in surrogacy raid
PHNOM PENH (Reuters) – Thirty-three pregnant Cambodian women who were carrying babies on behalf of Chinese clients have been discovered…
EU to respond to any U.S. auto tariff move: report
PARIS (Reuters) – The European Union will respond to any U.S. move to raise tariffs on cars made in the…
‘Go behind desk & hide’: Controversial ‘Lockdown’ nursery rhyme sparks backlash
READ MORE: https://on.rt.com/9719 A nursery rhyme at a kindergarten in Massachusetts has provoked shock from parents, as the words are…
Xiaomi puts indefinite delay on CDRs in blow to China’s plans for tech listings
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Corp (IPO-XMGP.HK) said on Saturday there is no timeframe for a mainland…
China’s ZTE expected to take last step to lift ban: U.S. official
(Reuters) – ZTE Corp (000063.SZ) is expected to deposit $400 million in an escrow account in a U.S. bank in…
Close sibling bonds may protect against harm of family conflict
(Reuters Health) – Strong sibling ties can help buffer adolescents from the stress of witnessing parents’ battles and unresolved conflicts,…
Lifestyle changes can help obese women improve fertility
(Reuters Health) – Although obesity can significantly decrease a woman’s ability to get pregnant, losing weight through diet and exercise…
Parents often lack amusement-park safety plans
(Reuters Health) – One in five parents don’t talk to their kids about safety issues at amusement parks, especially what…
She got her son back after suing the government
In the waiting area of Gate C14 at Baltimore Washington International Airport, she wrapped a blanket around him, cradled his…
Satellite operator Echostar builds stake in bid target Inmarsat
LONDON (Reuters) – U.S. satellite operator Echostar (SATS.O) has built a near 3 percent stake in Inmarsat (ISA.L), the British…
German carmakers join American farmers on front line of U.S.-China trade war
WASHINGTON/FRANKFURT/BEIJING (Reuters) – An increasingly shrill exchange of words between the United States and China that is threatening to trigger…
U.S. medical device firm electroCore IPO price set at $15 per share
(Reuters) – U.S. medical device maker electroCore Llc’s initial public offering is expected to price at $15 per share, Chief…
Asian shares edge ahead, oil subdued before OPEC meeting
SYDNEY (Reuters) – Asian shares crept ahead on Thursday as a lull in the Sino-U.S. trade tussle and talk of…
Media stocks, techs boost S&P; Nasdaq hits record high
(Reuters) – A jump in technology and media stocks lifted the S&P 500 on Wednesday and pushed the Nasdaq to…
World shares snap five-day losing streak on China policy easing
LONDON (Reuters) – World stocks steadied near three-week lows on Wednesday and Chinese markets bounced after recent sharp falls as…
Merrill Lynch to pay $42 million for misleading customers: SEC
WASHINGTON (Reuters) – Bank of America Corp (BAC.N) subsidiary Merrill Lynch will pay a $42 million penalty for lying to…
Trump threatens almost all imports from China as Beijing fires back
WASHINGTON/BEIJING (Reuters) – China has underestimated President Donald Trump’s resolve to move forward with tariffs unless Beijing changes its “predatory”…
Ford to redevelop symbol of Detroit decline to house tech workers
DETROIT (Reuters) – Ford Motor Co executives on Tuesday said the automaker will renovate and revamp Michigan Central Station, Detroit’s…
Wall Street falls, Dow gives up 2018 gains on trade war fears
NEW YORK (Reuters) – U.S. stocks fell on Tuesday as a sharp escalation in the trade dispute between the United…
ZTE, U.S. suppliers shares tank after Senate puts Trump reprieve in doubt
HONG KONG (Reuters) – Shares of ZTE Corp and its American business partners took a hit on Tuesday after the…
New head of FDIC plans to review financial health rating system
WASHINGTON (Reuters) – The newly appointed head of the Federal Deposit Insurance Corporation (FDIC) said on Tuesday said she plans…
Exclusive: China’s Xiaomi cuts valuation after pulling mainland offering: sources
HONG KONG/SHANGHAI (Reuters/IFR) – Chinese smartphone maker Xiaomi has lowered its likely valuation to between $55 billion and $70 billion…
After law change, Greek medicinal users hope to enter cannabis business
XYLOKASTRO, Greece (Reuters) – Konstantinos Syros turned to cannabis 26 years ago after a motorcycle accident left him with deformed…
Select few emerging Asian economies comfortable with Fed hikes
HONG KONG (Reuters) – Higher U.S. rates are rattling many emerging markets in much the same way past tightening cycles…
Asian shares fall as Sino-U.S. trade spat intensifies
TOKYO (Reuters) – Asian shares retreated on Monday after U.S. President Donald Trump cranked up trade tensions with China by…
China’s BYD recalls cars with Takata airbag inflators: state media
BEIJING (Reuters) – Chinese electric vehicle maker BYD Co Ltd (1121.HK) has announced a recall of over 10,000 cars equipped…
Theranos founder Holmes, former president indicted for fraud
(Reuters) – Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company’s former president were indicted on charges that they…
Theranos founder Holmes, former president indicted for fraud
(Reuters) – Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company’s former president were indicted on charges that they…
International fund managers turn to financials, tech as trade worries rise
NEW YORK (Reuters) – The rising tensions over global trade policy are prompting some top-performing international fund managers to look…
Michio Kaku: What Hiroshima & Iraq war have in common
The technological revolution of the 20th century has brought the world unprecedented prosperity as well as unimaginable horrors. Will science…
‘The US has launched a trade war’
The world’s two biggest economies are now at war over trade. China accused the United States of firing the first…
Trump sets tariffs on $50 billion in Chinese goods; Beijing strikes back
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese…
Qualcomm-NXP deal still waiting for China nod: sources
BEIJING/SHANGHAI (Reuters) – China is yet to approve U.S. chipmaker Qualcomm Inc’s (QCOM.O) proposed $44 billion acquisition of NXP Semiconductors…
Soaring costs, loss of benefits top Americans’ healthcare worries: Reuters/Ipsos poll
(Reuters) – For over a year now, Americans have listed healthcare as the most important problem facing the country, according…
Fitbit’s six current, ex-staff indicted in Jawbone trade secrets case
(Reuters) – Six former and current employees of Fitbit Inc (FIT.N) were charged in a federal indictment for possessing trade…
Euro heads for worst week in 19 months on ECB’s cautious stance
TOKYO (Reuters) – The euro was headed on Friday for its worst weekly loss in 19 months after a cautious…
S&P inches higher as ECB signals gradual rate hikes
(Reuters) – U.S. stocks ticked higher on Thursday, after the European Central Bank signaled that any interest rate hike was…
Gaddafi gold-for-oil, dollar-doom plans behind Libya ‘mission’?
More speculation has been raised on the reasons for NATO’s intervention in Libya. As RT’s Laura Emmett reports, the organisation…
GSK’s two-drug HIV treatment meets main goal in late stage studies
(Reuters) – GlaxoSmithKline’s two-drug treatment for HIV, the virus that causes AIDS, met its main goal in late stage studies,…
AT&T wins court approval to buy Time Warner over Trump opposition
WASHINGTON (Reuters) – AT&T Inc won court approval on Tuesday to buy Time Warner Inc for $85 billion, rebuffing an…
US-Turkish Roadmap Over Syria’s Manbij
THE RUNDOWN | The U.S.-backed Kurdish forces in northern Syria remain in conflict with Turkey militarily. Turkey wants the U.S.…
Sophie on Russian FM Sergey Lavrov’s first ever selfie (ft Sophie’s selfie face)
Russian FM Sergey Lavrov is known as a consummate diplomat, one of the most capable in world politics. So when…
McDonald’s to post $80-$90 million charges for restructuring, layoffs
(Reuters) – McDonald’s Corp (MCD.N) plans to take $80 million to $90 million in charges during the second quarter from…
GM has no projects underway with Lyft, CEO Barra says
DETROIT (Reuters) – General Motors Co (GM.N) Chief Executive Officer Mary Barra said on Tuesday the No. 1 U.S. automaker…
Wall Street edges higher; Fed in focus
(Reuters) – Wall Street’s main indexes posted small gains on Tuesday as bank shares gained in anticipation of an interest…
Medical device maker Stryker makes takeover approach to Boston Scientific: WSJ
(Reuters) – Medical device maker Stryker Corp has made a takeover approach to rival Boston Scientific Corp, the Wall Street…
Fed up with rising costs, big U.S. firms dig into healthcare
SAN JOSE, Calif. (Reuters) – At its Silicon Valley headquarters, network gear maker Cisco Systems Inc is going to unusual…
Ruffling Feathers: Farmers reveal secrets of chicken meat trade in America
Chicken farms in the US are notoriously hard to access if you’re not involved in the industry. But one American…
CNN’s Anthony Bourdain dead at 61
CNN confirmed Bourdain’s death on Friday and said the cause of death was suicide. Bourdain was in France working on…
China’s ZTE apologizes after paying ‘disastrous price’ in U.S. sanction case
HONG KONG/SHENZHEN, China (Reuters) – The chairman of ZTE Corp (000063.SZ) (0763.HK) apologized to staff and customers on Friday after…
iPhone worries weigh on Wall Street
(Reuters) – U.S. stock indexes were lower on Friday as shares of Apple and its suppliers fell, following a report…
Verizon names tech chief as CEO, putting network over content
(Reuters) – Verizon Communications Inc (VZ.N) named chief technology officer Hans Vestberg as its new CEO beginning Aug. 1, surprising…