Subscribe: Reuters: Business News
Preview: Reuters: Business News

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


Fed official stands by Wall Street reforms, says must complete work

Sat, 03 Dec 2016 09:35:16 -0500

NEW YORK (Reuters) - The United States "absolutely must" complete unfinished work ending the too-big-to-fail bank problem that helped plunge the global economy into recession eight years ago, an influential Federal Reserve policymaker said on Saturday.(image)

Small banks rally pauses but may not be over yet

Sat, 03 Dec 2016 06:30:46 -0500

NEW YORK (Reuters) - The rally in regional U.S. bank stocks that followed last month's election of Donald Trump may not be over, but investors may have to wait for policy to take shape for the massive move to extend further.(image)

Airbnb, New York City settle rental law lawsuit

Fri, 02 Dec 2016 22:29:20 -0500

NEW YORK (Reuters) - Airbnb Inc and New York City said on Friday they had resolved a lawsuit brought by the company challenging a law it argued could expose it to significant penalties for advertising short-term apartment rentals.(image)

Aixtron, Fujian to explore what is left of deal after U.S. veto

Sat, 03 Dec 2016 09:17:54 -0500

FRANKFURT (Reuters) - German semiconductor equipment maker Aixtron will explore with its Chinese suitor what can be salvaged of the planned takeover after a U.S. presidential order ruled the deal posed a national security risk, the company said on Saturday.(image)

Trump's dilemma: slower job growth or rising rates and inflation?

Fri, 02 Dec 2016 13:14:06 -0500

WASHINGTON (Reuters) - A drop in the U.S. unemployment rate last month to a 9-year low signals the risk of a collision between President-elect Donald Trump's plans to goose the economy and the Federal Reserve's efforts to tap the brakes with higher interest rates.(image)

U.S. jobless rate falls to nine-year low, payrolls rise

Fri, 02 Dec 2016 17:11:33 -0500

WASHINGTON (Reuters) - The U.S. unemployment rate fell to a nine-year low of 4.6 percent in November, as employers added another 178,000 jobs, making it almost certain that the Federal Reserve will raise interest rates later this month.(image)

Deutsche Bank cuts ties with 3,400 clients in trading business

Fri, 02 Dec 2016 15:16:49 -0500

FRANKFURT (Reuters) - Deutsche Bank's Global Markets division will cut ties with about 3,400 clients in its debt and equities sales activities, the bank said on Friday. Deutsche Bank will immediately cease debt sales services to some financial institutions and hedge funds as well as equity sales activities, the execution of equities trading orders and equity structuring activities for some clients, a spokesman said, citing an internal memo.(image)

U.S. presidential commission issues recommendations on cyber security

Fri, 02 Dec 2016 18:08:15 -0500

(Reuters) - The U.S. government and the private sector must cooperate to improve the security of digital networks, a U.S. presidential commission on cyber security recommended in a wide-ranging report issued on Friday.(image)

China securities regulator chairman condemns "barbaric" company buy-outs by asset managers

Sat, 03 Dec 2016 05:26:11 -0500

BEIJING (Reuters) - The chairman of China's securities regulator condemned "barbaric" leveraged company buy-outs by some asset managers using illegal funds, according to a statement posted on the China Securities Regulatory Commission (CSRC) website on Saturday.(image)

Wal-Mart to settle U.S. lawsuit over benefits for same-sex spouses

Fri, 02 Dec 2016 18:06:54 -0500

(Reuters) - Wal-Mart Stores Inc on Friday said it would pay $7.5 million to settle a U.S. lawsuit claiming it discriminated against gay employees nationwide by denying health benefits to their spouses.(image)