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Reuters Video: Business



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Last Build Date: Fri, 02 Dec 2016 21:48:37 -0500

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Author David Bach on how Trump presidency impacts financial planning

Fri, 02 Dec 2016 17:26:00 -0500

David Bach, author of the newly updated Automatic Millionaire, talks with Bobbi Rebell about what changes to expect in the new administration including tax planning and investment strategy.



Wall St little changed as bank rally pauses

Fri, 02 Dec 2016 16:54:00 -0500

U.S. stocks ended little changed on Friday after a payrolls report did little to recast expectations for an interest rate hike from the Federal Reserve this month and bank stocks cooled to round out their fourth straight week of gains. Bobbi Rebell reports.



Starbucks' CEO transition unlikely to disrupt growth

Fri, 02 Dec 2016 15:02:00 -0500

Starbucks chief executive Howard Schultz's decision to step down is unlikely to disrupt growth at the world's biggest coffee chain. Bobbi Rebell reports.



Breakingviews TV: One-knight stand

Fri, 02 Dec 2016 12:14:30 -0500

Chess officials were hoping this year's world championship would kick off a lucrative new effort to commercialize the sport. Kate Duguid and Jeffrey Goldfarb explain why chess just doesn't scale.



Jobless rate hits nine-year low

Fri, 02 Dec 2016 11:00:39 -0500

November payroll numbers reflect continued strength in the U.S. labor market. Jobless rate drops to a surprise nine-year low. Jeanne Yurman reports.



China hikes 'super car' tax in luxury crackdown

Fri, 02 Dec 2016 11:09:00 -0500

China imposes an extra 10 percent tax on super-luxury cars in a bid to rein in lavish spending and reduce emissions. David Pollard reports.



U.S. unemployment plunges to a 9-year low

Fri, 02 Dec 2016 10:34:59 -0500

The U.S. unemployment rate dropped to a more than nine-year low of 4.6 percent in November and and employers boosted hiring, making it almost certain that the Federal Reserve will raise interest rates later this month.



Reuters poll: ECB to extend QE at December meeting

Fri, 02 Dec 2016 09:52:00 -0500

The ECB looks likely to extend QE at its meeting next week - but could reportedly signal an end to the programme even as Europe's political risk eclipses the economy as the main focus for markets. David Pollard reports.



Italy referendum: Renzi, banks at risk

Fri, 02 Dec 2016 08:01:00 -0500

Italy's battered banks could be a casualty alongside prime minister Matteo Renzi if this Sunday's constitutional referendum triggers a government crisis. Laura Frykberg reports.



Students recreate life-saving drug for $2

Fri, 02 Dec 2016 05:30:00 -0500

High school students in Australia have recreated the key ingredient in a life-saving drug sold at $750 per dose in the U.S.. Yiming Woo reports.



S&P, Nasdaq dragged lower by tech, but Dow hits record close

Thu, 01 Dec 2016 17:09:00 -0500

A sharp decline in technology stocks pulled both, the Nasdaq and the S&P 500 indices, into the red on Thursday, while the Dow managed to notch a record closing high with a lift from bank and energy shares. Bobbi Rebell reports.



Trump visits Indiana to tout Carrier deal

Thu, 01 Dec 2016 15:49:00 -0500

U.S. President-elect Donald Trump visits a factory in Indiana to celebrate his deal with air conditioner maker Carrier Corp to keep 1,000 jobs from moving to Mexico. Rough Cut (no reporter narration).



Breitbart takes aim at Kellogg's for pulling ads

Thu, 01 Dec 2016 15:42:00 -0500

Breitbart News calls for a boycott of Kellogg's products after the cereal company withdraws ads from Breitbart News website. Bobbi Rebell reports.



Kevin Mahn on where to invest in 2017

Thu, 01 Dec 2016 16:08:00 -0500

Hennion & Walsh President Kevin Mahn talks with Bobbi Rebell about why he believes stocks will have a Santa Claus rally in the final month of the year, and the best way for investors to position their assets as they get ready for the new year.



McDonald's near deal to sell China stores

Thu, 01 Dec 2016 14:23:00 -0500

A deal to sell McDonald's roughly 2,400 restaurants in China and Hong Kong will be worth up to $3 billion, a source says. Fred Katayama reports.



Private equity can grow McDonald's in China

Thu, 01 Dec 2016 14:12:00 -0500

U.S.-China Partners' Savio Chan tells Reuters' Fred Katayama that Carlyle can provide consumer retail and logistics know-how while Citic provides capital to grow McDonald's.



Breakingviews TV: Aircraft M&A takes flak

Thu, 01 Dec 2016 12:33:46 -0500

Antony Currie and Kevin Allison explain why Starboard wants to shoot down Rockwell's $6.4 bln offer for seatmaker B/E – and why such tactics have a mixed track record.



New British bank notes anger vegetarians

Thu, 01 Dec 2016 12:21:00 -0500

Thousands of people have signed a petition objecting against the use of animal fats in the manufacture of Britain's new plastic five-pound notes.



Banco Popular ousts chairman, BBVA merger in view?

Thu, 01 Dec 2016 11:32:00 -0500

Banco Popular, regarded as the weak link in Spain's banking sector, is to replace Chairman Angel Ron after shareholders rebelled over his lacklustre progress in cleaning up 30 billion euros in toxic assets. As David Pollard reports, Popular's shares rose following the announcement and after a report that the bank was in talks over a possible merger with BBVA.



New British bank notes falls foul of vegetarians

Thu, 01 Dec 2016 09:47:00 -0500

Britain's new plastic five-pound notes have fallen foul of thousands of people who object to the use of animal fats in their manufacture. As Hayley Platt reports, an online petition against the notes has received support from more than 116,000 so far.



Dollar General's sales drop

Thu, 01 Dec 2016 10:34:00 -0500

Fewer customers visited the dollar store chain. As Fred Katayama reports, reductions in food stamp coverage hurt sales at existing stores.



Bumper November for global factories but...

Thu, 01 Dec 2016 08:27:00 -0500

Global manufacturers enjoyed a strong November but, as Sonia Legg reports, concerns about the protectionist leanings of U.S. President-elect Donald Trump and an OPEC-induced oil price rally could curtail future growth.



Giant statues on North Korea's new sanctions list

Thu, 01 Dec 2016 08:19:00 -0500

The UN security council has backed a plan to squeeze Pyongyang's access to hard currency cutting off hundreds of millions of dollars that could be funneled into its nuclear war chest every year. Graham Mackay reports.



Surging wealth gap haunts Hong Kong

Thu, 01 Dec 2016 04:19:47 -0500

More than a million people live in poverty in Hong Kong, a city best known for its big banks and glitzy shops. As Tara Joseph reports, high costs and low wages are denting the spirit of Asia's world City, where experts say the wealth gap is the highest in the developed world.



OPEC deal a win-win?

Thu, 01 Dec 2016 08:13:00 -0500

Oil sweeps to a six-week high after OPEC agrees to cut crude output to clear a glut. As David Pollard reports, bond yields also rose on prospects that resulting inflationary pressures will lead to higher interest rates.