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Reuters: Business News 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


AT&T to buy Time Warner for $85 billion, create telecom-media giant

Sat, 22 Oct 2016 21:38:08 -0400

NEW YORK (Reuters) - AT&T Inc said on Saturday it agreed to buy Time Warner Inc for $85.4 billion, the boldest move yet by a telecommunications company to acquire content to stream over its high-speed network to attract a growing number of online viewers.(image)

Venezuela's Maduro says oil producers close to output cap deal

Sat, 22 Oct 2016 14:58:37 -0400

BAKU/DUBAI (Reuters) - Venezuelan President Nicolas Maduro was quoted on Saturday as saying that OPEC and non-OPEC nations were "very close" to an agreement on oil production curbs, Azerbaijan's state news agency Azertag reported.(image)

Second wind for stocks as earnings turn positive

Fri, 21 Oct 2016 19:08:43 -0400

NEW YORK (Reuters) - With S&P 500 earnings on track to rise after four consecutive quarters of contraction, U.S. stocks are clearing a major hurdle that puts the record high in sight for the benchmark U.S. stock index.(image)

Exclusive: Goldman Sachs' Latam investment bank chief to leave - source

Sat, 22 Oct 2016 18:37:23 -0400

MEXICO CITY/NEW YORK (Reuters) - Martin Werner, co-head of Goldman Sachs' investment banking business in Latin America, will depart the Wall Street bank at the end of this year, according to a person familiar with the situation.(image)

In insurance Big Data could lower rates for optimistic tweeters

Sun, 23 Oct 2016 04:17:37 -0400

ZURICH (Reuters) - When people take to Twitter to comment on the great evening they enjoyed with good food and wonderful friends, reducing their monthly insurance bill is probably the last thing on their mind.(image)

New York governor approves new regulations on Airbnb

Fri, 21 Oct 2016 15:27:00 -0400

(Reuters) - New York Governor Andrew Cuomo approved legislation on Friday that would place new regulations on online home rental companies like Airbnb.(image)

Piech, Porsche families say united behind VW management: Spiegel

Sat, 22 Oct 2016 08:45:16 -0400

FRANKFURT (Reuters) - The Piech and Porsche families that control more than 52 percent of Volkswagen have vowed to back senior management, setting aside past disputes as the carmaker struggles to overcome an emissions scandal, Der Spiegel reported on Saturday.(image)

Samsung placing product images in Youku videos, targeting Chinese viewers

Fri, 21 Oct 2016 16:43:16 -0400

NEW YORK (Reuters) - Advertising technology company Mirriad says it is working with Samsung Electronics Co Ltd and China's video site Youku to market Samsung products to Chinese viewers who are gravitating toward streaming video content.(image)

New NYC law, San Francisco lawsuit highlight global risks for Airbnb

Fri, 21 Oct 2016 18:25:41 -0400

SAN FRANCISCO/BERLIN (Reuters) - Airbnb, the online lodging service that investors now believe is worth $30 billion, faces a reckoning.(image)

Bombardier to cut 7,500 more jobs through 2018, mostly in rail

Fri, 21 Oct 2016 18:13:33 -0400

MONTREAL (Reuters) - Bombardier Inc said on Friday it would cut 7,500 jobs, mostly in its train-making division, in a second round of layoffs announced this year, following extended delays and budget overruns in its aerospace business.(image)