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Reuters: Business News



Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial in



 



A Deutsche Bank settlement overshadows U.S. equities

Fri, 30 Sep 2016 21:26:51 -0400

NEW YORK (Reuters) - Deutsche Bank will likely cast a pall over equity markets next week as the largest German lender navigates a possible multi-billion dollar settlement with the U.S. Department of Justice over the sale of mortgage-backed bonds.(image)



Drop in U.S. consumer spending clouds Fed rate hike outlook

Fri, 30 Sep 2016 10:47:33 -0400

WASHINGTON (Reuters) - U.S. consumer spending fell in August for the first time in seven months while inflation showed signs of accelerating, mixed signals that could keep the Federal Reserve cautious about raising interest rates.(image)



Yahoo hack may become test case for SEC data breach disclosure rules

Fri, 30 Sep 2016 17:24:29 -0400

WASHINGTON (Reuters) - Yahoo's disclosure that hackers stole user data from at least 500 million accounts in 2014 has highlighted shortcomings in U.S. rules on when cyber attacks must be revealed and their enforcement.(image)



Viacom forms committee to consider Redstone's CBS merger push

Fri, 30 Sep 2016 16:42:38 -0400

(Reuters) - Viacom Inc said it had formed a special committee to consider National Amusements Inc's proposal to combine the company with CBS Corp .(image)



Volkswagen will pay $1.21 billion to settle U.S. dealer claims

Fri, 30 Sep 2016 20:15:31 -0400

WASHINGTON (Reuters) - Volkswagen AG confirmed late Friday it will make $1.21 billion in payments to 652 U.S. brand dealers as part of its $16.5 billion diesel emissions settlement to date.(image)



Illinois and Chicago eye Wells Fargo business bans

Fri, 30 Sep 2016 17:39:33 -0400

CHICAGO (Reuters) - Wells Fargo & Co faces possible bans from doing business with the city of Chicago and the state of Illinois in the wake of its sales scandal that erupted earlier this month.(image)



Betting on the U.S. election via the 'Trump ETF'

Fri, 30 Sep 2016 15:32:07 -0400

NEW YORK (Reuters) - An exchange-traded fund focused on Mexico has become a weather vane for Republican Donald Trump's chances winning the U.S. presidential election in November, investors said.(image)



Deutsche lifted by CEO letter, settlement report

Fri, 30 Sep 2016 12:44:04 -0400

FRANKFURT/LONDON (Reuters) - A report that Deutsche Bank was close to a cut-price settlement with U.S. authorities over the sale of toxic mortgage bonds helped to fuel a recovery in its shares on Friday after its chief executive said the group remained stable.(image)



Russia, bowing to budget pressures, revives oil firm sell-off

Fri, 30 Sep 2016 16:21:36 -0400

SOCHI, Russia (Reuters) - Russia said on Friday that it was resuming the shelved privatisation of oil firm Bashneft, in a sign of how anxious the Kremlin is to raise money to fill holes in the budget left by the economic slump.(image)



Delta, pilots negotiators reach deal for new contract

Fri, 30 Sep 2016 16:54:25 -0400

(Reuters) - Delta Air Lines Inc and its pilots union have reached an agreement in principle for a new contract that has been more than a year in the making, the parties said on Friday.(image)