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Wall Street banks look beyond trading to drive profits

Tue, 17 Oct 2017 10:53:32 -0400

NEW YORK (Reuters) - Wall Street rivals Goldman Sachs Group Inc and Morgan Stanley topped analyst expectations on Tuesday, reporting third-quarter earnings gains from a range of products and services despite an industry-wide decline in bond trading.(image)

U.S. indicts two Chinese in major fentanyl trafficking case

Tue, 17 Oct 2017 10:21:36 -0400

WASHINGTON (Reuters) - The U.S. Department of Justice said on Tuesday it has indicted two major Chinese drug traffickers on charges of making and selling highly addictive fentanyl to Americans over the internet.(image)

Trump's drug czar nominee withdraws from consideration

Tue, 17 Oct 2017 09:46:41 -0400

WASHINGTON (Reuters) - President Donald Trump said on Tuesday that Tom Marino, his pick as the U.S. drug czar, has withdrawn after it became public that the congressman advocated for legislation undermining the government's ability to crack down on pharmaceutical companies that play a role in the nation's opioid crisis.(image)

Powell likely next Fed chief, though Yellen best suited: economists

Tue, 17 Oct 2017 09:28:38 -0400

LONDON (Reuters) - Jerome Powell likely will be the next Federal Reserve chairman, according to a slim majority of economists in a Reuters poll - but most of them said current Fed Chair Janet Yellen would be the best option.(image)

Special Report: They fled danger for a high-stakes bet on U.S. immigration courts

Tue, 17 Oct 2017 09:11:05 -0400

OAKLAND, California (Reuters) - The two Honduran women told nearly identical stories to the immigration courts: Fear for their lives and for the lives of their children drove them to seek asylum in the United States.(image)

U.S. official says not ruling out eventual direct talks with North Korea

Tue, 17 Oct 2017 08:05:46 -0400

TOKYO/UNITED NATIONS (Reuters) - The United States is not ruling out the eventual possibility of direct talks with North Korea, Deputy Secretary of State John J. Sullivan said on Tuesday, hours after Pyongyang warned nuclear war might break out at any moment.(image)

Russian opposition leader's fraud conviction arbitrary, Europe's top rights court says

Tue, 17 Oct 2017 10:27:44 -0400

STRASBOURG, France (Reuters) - Europe's top human rights court ruled on Tuesday that Russian opposition leader Alexei Navalny's conviction for fraud in 2014 had been "arbitrary and manifestly unreasonable" and ordered Russia to pay him compensation.(image)

Google launches advanced Gmail security features for high-risk users

Tue, 17 Oct 2017 10:42:33 -0400

(Reuters) - Alphabet's Google Inc said on Tuesday it would roll out an "advanced protection program" to provide stronger email security for some users such as government officials, political activists and journalists who are at a higher risk of being targeted by sophisticated hackers.(image)

Catalonia refuses to renounce independence, anti-government protests form

Tue, 17 Oct 2017 09:32:25 -0400

MADRID/BARCELONA (Reuters) - Catalonia refused on Tuesday to bow to the Spanish government's demand that it renounce a symbolic declaration of independence, setting it on a political collision course with Madrid later this week.(image)

China's Xi set to codify legal clout, anti-graft campaign at congress

Tue, 17 Oct 2017 07:29:34 -0400

BEIJING (Reuters) - China's Communist Party once shunned the rule of law, preferring to rely on what Chairman Mao Zedong called "rule of man" – essentially using the authority of party leaders to govern.(image)