Shock, alarm as Trump backs Putin on election meddling at summit

Shock, alarm as Trump backs Putin on election meddling at summit

Supporters of Donald Trump attend a demonstration, during the U.S. President Donald Trump and Russian President Vladimir Putin summit in Helsinki, Finland July 16, 2018. REUTERS/Ints Kalnins July 16, 2018 By Jeff Mason and Denis Pinchuk HELSINKI (Reuters) – Standing side by side with Vladimir Putin, U.S. President Donald Trump refused on Monday to blame the Russian leader for meddling in the 2016 U.S. election, casting doubt on the findings of his own intelligence agencies…

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Communist-run Cuba starts rolling out internet on mobile phones

Communist-run Cuba starts rolling out internet on mobile phones

A woman uses the internet on her mobile phone at a hotspot in Havana, Cuba, July 10, 2018. REUTERS/Stringer July 16, 2018 By Sarah Marsh HAVANA (Reuters) – Communist-run Cuba has started providing internet on the mobile phones of select users as it aims to roll out the service nationwide by year-end, in a further step toward opening one of the Western Hemisphere’s least connected countries. Journalists at state-run news outlets were among the first…

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Netflix shares tank after big miss on subscriber growth

Netflix shares tank after big miss on subscriber growth

FILE PHOTO: The Netflix logo is pictured on a television in this illustration photograph taken in Encinitas, California, U.S., January 18, 2017. REUTERS/Mike Blake/File Photo July 16, 2018 By Lisa Richwine and Vibhuti Sharma (Reuters) – Netflix Inc’s subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company’s rapid expansion is slowing. The streaming video pioneer added 5.2 million customers…

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Amazon suffers glitch during summer marketing event

Amazon suffers glitch during summer marketing event

FILE PHOTO: The logo of Amazon.com Inc is seen in Sao Paulo, Brazil October 17, 2017. REUTERS/Paulo Whitaker/File Photo July 16, 2018 (Reuters) – Amazon.com Inc <AMZN.O> on Monday said it was working to fix a technical issue that had prevented some shoppers from placing orders during the company’s summer marketing event, Prime Day. The company’s shares were down more than 1 percent in after-hours trading. In a statement, the world’s largest online retailer said…

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Bank of America profit beats on consumer loan growth, lower expenses

Bank of America profit beats on consumer loan growth, lower expenses

FILE PHOTO: A customer uses an ATM at a Bank of America branch in Boston, Massachusetts, U.S., October 11, 2017. REUTERS/Brian Snyder/File Photo July 16, 2018 By Sweta Singh and Imani Moise (Reuters) – Bank of America Corp reported quarterly profit above analyst expectations on Monday as the second-largest U.S. lender cut expenses and benefited from growth in loans and deposits on the back of a strengthening economy. Noninterest expense dropped 5 percent in the…

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Trump on Twitter (July 16): NATO, Russian Meddling

Trump on Twitter (July 16): NATO, Russian Meddling

U.S. President Donald Trump gestures as he speaks during a joint news conference with Russian President Vladimir Putin after their meeting in Helsinki, Finland July 16, 2018. REUTERS/Grigory Dukor July 16, 2018 The following statements were posted to the verified Twitter accounts of U.S. President Donald Trump, @realDonaldTrump and @POTUS. The opinions expressed are his own. Reuters has not edited the statements or confirmed their accuracy. @realDonaldTrump : – Received many calls from leaders of NATO countries…

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Sale, Scherzer to start All-Star Game for second straight year

Sale, Scherzer to start All-Star Game for second straight year

Jul 12, 2018; New York City, NY, USA; Washington Nationals starting pitcher Max Scherzer (31) pitches against the New York Mets in the first inning at Citi Field. Mandatory Credit: Noah K. Murray-USA TODAY Sports July 16, 2018 For the second year in a row, Chris Sale of Boston and Max Scherzer of Washington will be the starting pitchers in the All-Star Game, the managers announced Monday. American League manager AJ Hinch of the Houston…

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S&P 500 slips with energy shares, but financials bounce

S&P 500 slips with energy shares, but financials bounce

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 6, 2018. REUTERS/Brendan McDermid July 16, 2018 By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks mostly edged lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financial stocks as Bank of America’s results reinforced expectations of a strong U.S. earnings season. The S&P energy sector…

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Ford agrees to $299.1 million U.S. Takata ‘economic loss’ settlement

Ford agrees to $299.1 million U.S. Takata ‘economic loss’ settlement

The Ford logo is pictured on the company’s stand during the 88th Geneva International Motor Show in Geneva, Switzerland, March 7, 2018. REUTERS/Denis Balibouse July 16, 2018 WASHINGTON (Reuters) – Ford Motor Co <F.N> agreed to a $299.1 million so-called economic loss settlement covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show. The settlement covers several forms of…

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U.S. State Department in talks with Turkey to sell Patriot system

U.S. State Department in talks with Turkey to sell Patriot system

FILE PHOTO: U.S. soldiers stand beside a U.S. Patriot missile system at a Turkish military base in Gaziantep, southeastern Turkey, October 10, 2014.. REUTERS/Osman Orsal July 16, 2018 By Mike Stone FARNBOROUGH (Reuters) – The U.S. State Department is negotiating a potential deal to sell Turkey the Raytheon Co Patriot missile defense system as an alternative to the Russian-made S-400 system Turkey has agreed to purchase, an official said on Monday. U.S. Ambassador Kaidanow, the…

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