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Updated: 6 hours 42 sec ago

Wall Street edges higher as tech stocks bounce back

Tue, 04/03/2018 - 10:54am
(Reuters) - U.S. stocks rose on Tuesday as technology shares recovered from a sharp selloff a day earlier, helping the S&P 500 and the Dow stay above an important technical level.

Pfizer in talks with P&G for consumer health unit sale: CNBC

Tue, 04/03/2018 - 10:44am
(Reuters) - Pfizer Inc is in talks with Procter & Gamble Co for a sale of the largest U.S. drugmaker's consumer health business, CNBC reported on Tuesday, citing sources.

Wall Street higher as tech, consumer discretionary recover

Tue, 04/03/2018 - 9:05am
(Reuters) - Wall Street's main indexes were higher on Tuesday, with the Dow Jones Industrial Average rising more than 100 points, helped by a recovery in the battered technology and consumer discretionary stocks.

Tesla says no need for capital raise as Model 3 output rises

Tue, 04/03/2018 - 8:28am
(Reuters) - Tesla Inc quashed any speculation it might need to raise more capital this year on Tuesday, driving the company's battered shares higher as it announced it built 2,020 of its cheaper Model 3 sedans in the last seven days of March.

Trump threatens aid for Honduras, other nations over 'caravan'

Tue, 04/03/2018 - 7:49am
WASHINGTON (Reuters) - President Donald Trump said on Tuesday U.S. foreign aid to Honduras and other countries was at risk unless they stop a so-called caravan of more than 1,200 Central American migrants headed to the U.S. border with Mexico.

Murdoch's Fox could sell Sky News to Disney to appease UK regulator

Tue, 04/03/2018 - 6:07am
LONDON (Reuters) - Rupert Murdoch has stepped up the pressure on Britain to approve his $14.5 billion bid for Sky by offering to sell or legally separate Sky News, seeking to allay concerns about the 87-year-old mogul's political influence.

Oklahoma teachers vow to stage second day of walkouts

Tue, 04/03/2018 - 5:02am
OKLAHOMA CITY (Reuters) - Thousands of Oklahoma school teachers, including those in the state's two biggest cities, were expected to return to picket lines on Tuesday for the second day of strikes demanding state lawmakers do more to shore up public education spending.

Europe joins sell-off but Wall Street eyes rebound

Tue, 04/03/2018 - 3:54am
LONDON (Reuters) - World markets battled to regain their poise on Tuesday after another round of tech and trade war worries had clobbered shares and oil prices tumbled on signs of rising Russian supply and Saudi price cuts.

China ready for proportionate response to U.S. tariffs: envoy

Tue, 04/03/2018 - 3:27am
BEIJING (Reuters) - China will take counter-measures of the "same proportion" and scale if the United States imposes further tariffs on Chinese goods, China's ambassador to Washington said, amid growing fears of an impending trade war.

Murdoch's Fox could separate Sky News to satisfy UK regulator on takeover

Tue, 04/03/2018 - 2:46am
LONDON (Reuters) - Twenty-First Century Fox said it could legally separate Sky News within the wider Sky group to allay the concerns of a British regulator about the news service's continuing independence under Rupert Murdoch's ownership.

Australia's Santos to open books to Harbour Energy after unsolicited $10.4 billion bid

Tue, 04/03/2018 - 1:29am
SYDNEY (Reuters) - Australian gas producer Santos Ltd said on Tuesday it would "engage with" Harbour Energy after receiving a $10.4 billion takeover offer from the U.S. company, its fourth unsolicited bid since August 2017.

As China tightens squeeze, soul searching for Hong Kong's democracy movement

Tue, 04/03/2018 - 1:08am
HONG KONG (Reuters) - Hong Kong's once thriving pro-democracy movement, weighed down by growing pessimism among its supporters over China's ever-increasing control in the city, is facing a crisis of confidence about its future.

As Wall Street sinks, Trump is his own worst enemy

Tue, 04/03/2018 - 1:04am
SAN FRANCISCO (Reuters) - As far as the stock market is concerned, U.S. President Donald Trump is, right now, his own worst enemy.

Asian stocks slip on trade woes, tech sector pain

Tue, 04/03/2018 - 12:42am
SYDNEY (Reuters) - Asian shares slipped on Tuesday amid escalating trade tensions and concerns about tech firms, although regional index declines were modest compared with those of their Wall Street counterparts as investors focused on global growth prospects.

Asian investors stay calm amid Wall Street sell-off

Mon, 04/02/2018 - 10:50pm
SYDNEY (Reuters) - Asian shares slipped on Tuesday amid escalating trade tensions and worries over the fading outlook for global tech giants, but investors held their nerves to focus instead on prospects for stronger world growth.

Migrant caravan heading to U.S. border puts Mexico in tough spot with Trump

Mon, 04/02/2018 - 9:06pm
IXTEPEC, Mexico/EDINBURG, Texas (Reuters) - In some of the Mexican towns playing host to a "caravan" of more than 1,200 Central American migrants heading to the U.S. border, the welcome mat has been rolled out despite President Donald Trump's call for Mexican authorities to stop them.

Trump attorney seeks to force porn star's lawsuit into arbitration

Mon, 04/02/2018 - 8:27pm
(Reuters) - President Donald Trump's personal lawyer asked a federal judge on Monday to force adult film star Stormy Daniels to use arbitration to settle a dispute over an agreement to keep quiet about a sexual encounter she says she had with Trump.

Wall Street tumbles on tech sector, trade war worries

Mon, 04/02/2018 - 5:45pm
NEW YORK (Reuters) - Wall Street shares plunged on Monday as investors fled technology stocks amid resurgent trade war worries, with key indexes trading below their 200-day moving averages and the S&P 500 closing below that pivotal technical level for the first time since Britain's vote to leave the European Union in June 2016.

Puerto Rico governor slams congressman over 'dictatorial' letter

Mon, 04/02/2018 - 5:13pm
NEW YORK (Reuters) - Puerto Rico's governor on Monday fiercely defended his administration's right to help steer the insolvent, storm-ravaged island out of bankruptcy after a U.S. congressman said the process should be led by the island's creditors and federally appointed oversight board.

Trump declares DACA 'dead,' urges Congress to act on border

Mon, 04/02/2018 - 4:58pm
WASHINGTON (Reuters) - President Donald Trump declared as "dead" on Monday a program that protects immigrants brought to the United States illegally as children and pressed Congress to "immediately" pass legislation to secure the U.S. border with Mexico.