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Reuters Video: Business



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China considers nuclear option to solve winter heating woes

Sun, 10 Dec 2017 01:28:02 -0500

With its smog-prone northern region desperate to cut coal consumption, China is actively looking to deploy nuclear power to solve its winter heating needs - but cost issues and public safety concerns could still hold developers back.



Wall Street rises on jobs report

Fri, 08 Dec 2017 17:15:03 -0500

U.S. stocks ended higher on Friday, buoyed by a solid payrolls report that locked in expectations for an interest rate hike next week. Fred Katayama reports.



JPMorgan, Citi will not immediately clear bitcoin trades - FT

Fri, 08 Dec 2017 17:14:54 -0500

Big Banks, including JPMorgan Chase and Citigroup, will not immediately clear bitcoin trades once CBOE and CME start trading futures next week, according to the Financial Times. Fred Katayama reports.



Wells Fargo sanctions on ice under Trump

Fri, 08 Dec 2017 15:47:51 -0500

The new acting head of the U.S. consumer finance watchdog is reviewing whether Wells Fargo should pay tens of millions of dollars over alleged mortgage lending abuse. Fred Katayama reports.



It's all uphill for American skier Lindsey Vonn

Fri, 08 Dec 2017 13:31:13 -0500

The downhill is very much a high risk, high reward sport, but business for American skier Lindsey Vonn is going anything but downhill.



Bitcoin's wildest ride may be yet to come

Fri, 08 Dec 2017 13:23:07 -0500

Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse.



Breakingviews TV: Wage freeze

Fri, 08 Dec 2017 13:09:00 -0500

The U.S. economy added lots more jobs in November but not much on wages. Gina Chon and Tom Buerkle discuss how corporate tax cuts and a shareholder-first ethos leave little extra for workers.



Toshiba, Western Digital aiming to settle chip dispute next week: sources

Fri, 08 Dec 2017 12:19:50 -0500

Toshiba and Western Digital have agreed in principle to settle a dispute over the Japanese firm’s plans to sell its $18 billion chip unit and aim to have a final agreement in place next week, sources familiar with the matter say. Samantha Vadas reports.



First futures market puts bitcoin surge in spotlight

Fri, 08 Dec 2017 12:17:18 -0500

Bitcoin tumbles more than 12 percent in volatile Asian trading, dropping below the $15,000 level after touching a record high above $16,000 earlier in the session. Despite doubts over the sustainability of its recent rally, the virtual currency is due to gain a first futures market in the coming days. Kate King reports.



First Mobil gas station opens in Mexico.

Fri, 08 Dec 2017 11:56:27 -0500

Exxon Mobil opened its first gas station in Quertaro, Mexico. As Fred Katayama reports, this follows Mexico's market reforms that ended Pemex's monopoly in everything from crude production to retail sales.



Mulvaney reviewing potential Wells Fargo payout - sources

Fri, 08 Dec 2017 11:50:45 -0500

Sources tell Reuters the acting head of the Consumer Financial Protection Bureau, Mick Mulvaney, is reviewing whether Wells Fargo & Co. should pay tens of millions of dollars over alleged mortgage lending abuse.



U.S. adds 228,000 jobs last month

Fri, 08 Dec 2017 10:07:24 -0500

Job growth rose at a strong clip in November and wages rebounded. As Fred Katayama reports, that suggests a healthy economy that analysts say doesn't need the tax cuts President Trump proposes.



Chinese cities rush into risky specialization

Fri, 08 Dec 2017 04:32:49 -0500

China has a plan to create 1,000 "specialty towns" by 2020, but that could mean a massive amount of debt for Beijing and a growing number of white elephant projects across the country.