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Updated: 34 min 31 sec ago

Putin, before vote, unveils 'invincible' nuclear weapons to counter West

Thu, 03/01/2018 - 1:29pm
MOSCOW (Reuters) - President Vladimir Putin announced an array of new nuclear weapons on Thursday, in one of his most bellicose speeches in years, saying they could hit almost any point in the world and evade a U.S.-built missile shield.

Trump says U.S. to impose hefty tariffs on steel, aluminum imports

Thu, 03/01/2018 - 1:25pm
WASHINGTON (Reuters) - U.S. President Donald Trump announced on Thursday he would impose tariffs of 25 percent on imported steel and 10 percent on aluminum, in a move the administration said would protect U.S. industry, but which critics said would fail to boost jobs and risked stoking a trade war with China.

Trump nominee: Russia, China don't expect 'much' U.S. response to cyber attacks

Thu, 03/01/2018 - 12:56pm
WASHINGTON (Reuters) - Lieutenant General Paul Nakasone, President Donald Trump's nominee to lead the U.S. Cyber Command, said on Thursday he did not think Russia, China and other countries expected much of a response from the United States to cyber attacks.

As May readies trade speech, Tusk sees difficulties

Thu, 03/01/2018 - 11:52am
LONDON/BRUSSELS (Reuters) - "Real political difficulties" lie ahead for Brexit, EU summit chair Donald Tusk said after Prime Minister Theresa May gave him a preview of the vision of future trade ties she will unveil on Friday.

Zuckerberg sold nearly $500 million Facebook stock in February

Thu, 03/01/2018 - 11:23am
(Reuters) - Facebook Inc Chief Executive Officer Mark Zuckerberg sold nearly $500 million in the company's shares in February to fund his philanthropic investment vehicle, the Chan Zuckerberg Initiative (CZI), regulatory filings showed.

German government under cyber attack, shores up defenses

Thu, 03/01/2018 - 11:03am
BERLIN (Reuters) - Germany's government was marshalling its defenses on Thursday against a powerful cyber attack that lawmakers said had breached the foreign ministry's computer network and whose origins officials admitted were still unclear.

How Geely's Li Shufu spent months stealthily building a $9 billion stake in Daimler

Thu, 03/01/2018 - 10:46am
SHANGHAI/BEIJING (Reuters) - When Daimler announced that Li Shufu had acquired almost 10 percent of the automaker last Friday, it caught financial markets - and German regulators - by surprise.

Zuckerberg sold nearly $500 mln Facebook stock in February

Thu, 03/01/2018 - 10:35am
(Reuters) - Facebook Inc Chief Executive Officer Mark Zuckerberg sold nearly $500 million in the company's shares in February to fund his philanthropic investment vehicle, the Chan Zuckerberg Initiative (CZI), regulatory filings showed.

Trump cyber nominee: Russia, China don't expect 'much' U.S. response to cyber attacks

Thu, 03/01/2018 - 10:27am
WASHINGTON (Reuters) - Lieutenant General Paul Nakasone, President Donald Trump's nominee to lead the U.S. cyber command, said on Thursday he did not think Russia, China and other countries expected much of a response from the United States to cyber attacks.

Talks on NAFTA autos impasse to be scheduled between rounds-sources

Thu, 03/01/2018 - 10:24am
MEXICO CITY (Reuters) - U.S., Mexico and Canada plan to schedule extra discussions on trade rules for auto production in North America if no progress is made on the issue in the current round of NAFTA negotiations, two people familiar with the matter said.

For CSX, more job and train cuts in post-Harrison era

Thu, 03/01/2018 - 10:06am
(Reuters) - U.S. railroad operator CSX Corp said on Thursday at its first investor day since the death of former Chief Executive Hunter Harrison that more cuts to jobs, rail cars and locomotives were key to its three-year plan for boosting profitability and streamlining operations.

Wall Street reverses course to move higher after Powell comments

Thu, 03/01/2018 - 9:53am
(Reuters) - Wall Street's main indexes overturned earlier losses to trade higher on Thursday after Federal Reserve chair Jerome Powell said the central bank does not see strong evidence of wage inflation and that there is no evidence that the U.S. economy is overheating.

Insurer Chubb refuses to pay for Harvey Weinstein's legal defense

Thu, 03/01/2018 - 9:52am
(Reuters) - Insurer Chubb Ltd is refusing to pay for Harvey Weinstein's legal defense against 11 lawsuits that accuse the movie producer of sexually harassing or assaulting women over the past three decades, according to a court document filed on Wednesday.

Germany allowed hackers 'controlled' access in cyber breach: lawmaker

Thu, 03/01/2018 - 9:32am
BERLIN (Reuters) - German security officials allowed hackers "controlled" access to government networks in order to track possible culprits and their methods, a top interior ministry official said Thursday, as outraged lawmakers complained about being kept in the dark.

Kroger joins Walmart, Dick's, raises minimum age for gun buyers to 21

Thu, 03/01/2018 - 9:29am
(Reuters) - Kroger Co said on Thursday it will stop selling firearms and ammunition to buyers under the age of 21 at its Fred Meyer stores, becoming the third major U.S. retailer to set restrictions that are tougher than government regulations.

Comcast's bid for Sky could lure Disney in bidding war

Thu, 03/01/2018 - 8:56am
(Reuters) - U.S. cable company Comcast Corp's proposal to buy Sky Plc for $31 billion has raised the specter of a potential bidding war between with Rupert Murdoch's Twenty First Century Fox and Walt Disney Co .

U.S. corporate share buybacks 'explode' in February: research firm

Thu, 03/01/2018 - 7:35am
WASHINGTON (Reuters) - U.S. corporations have announced more than $218 billion in share buybacks since Congress enacted the Republican tax overhaul in December, an investment research firm said on Wednesday.

Florida's Rubio to unveil plan for gun bill after Trump presses Congress

Thu, 03/01/2018 - 7:30am
WASHINGTON (Reuters) - U.S. Senator Marco Rubio said on Thursday he would unveil a gun and school safety plan, a day after President Donald Trump urged lawmakers to pass key legislation aimed at preventing massacres like the one at a Florida high school last month.

CSX outlines path forward after death of former CEO Harrison

Thu, 03/01/2018 - 7:18am
(Reuters) - U.S. railroad operator CSX Corp on Thursday reaffirmed its longer-term plan for boosting profitability and outlined financial targets for the next two years, ahead of its first investor day after the death of former chief executive officer, Hunter Harrison.

Women looking for Oscar love in best picture cliffhanger

Thu, 03/01/2018 - 7:12am
LOS ANGELES (Reuters) - Women are hoping for some long overdue love at the Academy Awards on Sunday, where the biggest prize in the movie industry is wide open after an awards season dominated by Hollywood's sexual misconduct scandal.

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