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Updated: 29 min 15 sec ago

Trump's tax bill balloons deficit, hurts poor: analysts

Mon, 11/27/2017 - 5:36pm
WASHINGTON (Reuters) - The latest U.S. Senate version of a Republican tax bill, strongly backed by President Donald Trump, would balloon the federal budget deficit and hurt poor Americans more than first estimated, congressional fiscal analysts said on Monday.

Internet businesses ask U.S. to keep net neutrality rules

Mon, 11/27/2017 - 5:26pm
WASHINGTON (Reuters) - AirBnb, Reddit, Shutterstock, Inc, Tumblr, Etsy , Twitter and a long list of small internet companies urged the Federal Communications Commission on Monday to scrap a plan to roll back net neutrality rules.

Supreme Court divided over legality of patent reviews

Mon, 11/27/2017 - 3:34pm
WASHINGTON (Reuters) - U.S. Supreme Court justices on Monday appeared divided over whether a federal agency's in-house process for challenging patents violates the constitutional rights of patent owners, leaving the fate of a system that has led to a high rate of patent cancellations uncertain.

Directors duel over control of U.S. consumer protection agency

Mon, 11/27/2017 - 2:39pm
WASHINGTON (Reuters) - Mick Mulvaney brought a sweetener to the Trump administration's takeover of the consumer watchdog agency on Monday, offering doughnuts as he challenged the Obama-era acting appointee in a partisan showdown over how to regulate the U.S. financial system.

Trump plumps for tax bill, analysts say it expands deficit

Mon, 11/27/2017 - 2:35pm
WASHINGTON (Reuters) - President Donald Trump summoned Senate Republican tax-writers to the White House on Monday to urge passage of a sweeping tax bill that congressional fiscal analysts said separately would balloon the federal budget deficit by $1.4 trillion over a decade.

Siemens, Trimble, Moody's breached by Chinese hackers, U.S. charges

Mon, 11/27/2017 - 1:39pm
PITTSBURGH, Pa./NEW YORK (Reuters) - Three people affiliated with a Chinese cyber security firm hacked into the networks of Siemens AG, Trimble Inc and Moody's Analytics to steal business secrets, U.S. prosecutors said on Monday.

Senator Franken, on groping allegations, vows 'this will not happen again'

Mon, 11/27/2017 - 1:38pm
WASHINGTON (Reuters) - U.S. Democratic Senator Al Franken returned to Congress on Monday to begin what he called a process of rebuilding trust shattered by allegations he had groped or inappropriately touched women, vowing "this will not happen again."

U.S. Cyber Monday sales jump 17 percent, fewer deals on offer

Mon, 11/27/2017 - 11:38am
(Reuters) - Cyber Monday was on track to become the biggest-ever internet shopping day in the United States as shoppers snapped up bargains on toys and electronics, with many more Americans shopping on their phones.

Trump, Senate Republicans prepare for showdown over tax cuts

Mon, 11/27/2017 - 11:37am
WASHINGTON (Reuters) - President Donald Trump was to meet with Senate Republican tax-writers on Monday at the White House to scope out an end-game strategy for sweeping tax legislation, ahead of a crucial vote on the Senate floor that could come as early as Thursday.

Dueling directors create confusion at U.S. consumer protection agency

Mon, 11/27/2017 - 11:32am
WASHINGTON (Reuters) - With doughnuts in hand, President Donald Trump's pick to head the U.S. government consumer watchdog agency turned up for work on Monday, challenging the acting appointee of the Obama-era leader in an partisan showdown over how the U.S. financial system should be regulated.

SandRidge sets poison pill after Icahn reveals stake

Mon, 11/27/2017 - 11:24am
(Reuters) - SandRidge Energy Inc said on Monday its board approved a plan to limit stake ownership in the company, days after activist investor Carl Icahn revealed a 13.5 percent stake, saying he would vote against the oil producer's bid for rival Bonanza Creek Energy .

Trump will not campaign for Alabama Republican Senate candidate Moore

Mon, 11/27/2017 - 11:21am
WASHINGTON (Reuters) - U.S. President Donald Trump will not campaign for Roy Moore, the Alabama Republican Senate candidate who is facing allegations of sexual misconduct, a White House official said on Monday.

Britain's 'thrilled' Prince Harry announces he will wed U.S. actress Meghan Markle

Mon, 11/27/2017 - 10:05am
LONDON (Reuters) - Britain's Prince Harry said he was thrilled after he and U.S. actress Meghan Markle announced they were engaged on Monday with the couple to tie the knot in the spring of next year.

Keystone's existing pipeline spills far more than predicted to regulators

Mon, 11/27/2017 - 6:12am
(Reuters) - TransCanada Corp's existing Keystone pipeline has leaked substantially more oil, and more often, in the United States than indicated in risk assessments the company provided to regulators before the project began operating in 2010, according to documents reviewed by Reuters.

Britain's Prince Harry to marry U.S. actress Meghan Markle

Mon, 11/27/2017 - 5:39am
LONDON (Reuters) - Britain's Prince Harry and his U.S. actress girlfriend Meghan Markle announced on Monday they were engaged and would get married in the spring of next year.

Police in Trump-supporting towns aid immigration officials in crackdown

Mon, 11/27/2017 - 5:28am
BENSALEM, Pennsylvania (Reuters) - Dozens of police departments in the United States have been granted new powers, or are seeking them, to check the immigration status of people they arrest, aiding President Donald Trump's broad crackdown on people living in the country illegally.

Chechen leader, amid reshuffles, says ready to die for Putin

Mon, 11/27/2017 - 4:39am
MOSCOW (Reuters) - Ramzan Kadyrov, head of Russia's Chechnya, said he was ready to die for Vladimir Putin and stand down, if ordered, ahead of a federal presidential election next year which has triggered personnel reshuffles that have put some politicians on edge.

Pope starts Myanmar trip in shadow of Rohingya crisis

Mon, 11/27/2017 - 2:37am
YANGON (Reuters) - Pope Francis landed in Yangon on Monday, the start of a delicate visit for the leader of the Roman Catholic church to majority-Buddhist Myanmar, which the United States has accused of conducting "ethnic cleansing" against its Muslim Rohingya people.

Exclusive: Exxon Mobil chief revamps refining, chemical operations - spokeswoman

Mon, 11/27/2017 - 2:24am
HOUSTON (Reuters) - Exxon Mobil Corp Chief Executive Darren Woods is reorganizing the company's refining and chemical operations, part of a push to boost profits amid volatile oil and natural gas prices, a spokeswoman said.

Bubble or breakthrough? Bitcoin keeps central bankers on edge

Mon, 11/27/2017 - 2:21am
FRANKFURT (Reuters) - Central bankers say the success of bitcoin and other cryptocurrencies is just a bubble.