U.S. stocks crept up in late morning trading on Monday as surging Treasury yields led to a rebound in bank stocks after three straight days of losses. Continue Reading Below The benchmark 10-year Treasury yields jumped after Federal Reserve Chair Janet Yellen reaffirmed the central bank’s view on gradual interest […]
FAN Editor
Exclusive: T-Mobile, Sprint plan merger without selling assets
FILE PHOTO: Smartphones with the logos of T-Mobile and Sprint are seen in this illustration taken September 19, 2017. REUTERS/Dado Ruvic/Illustration/File Photo October 16, 2017 By Liana B. Baker and Anjali Athavaley (Reuters) – T-Mobile U.S. Inc <TMUS.O> and Sprint Corp <S.N> plan to announce a merger agreement without any […]
Viacom, Charter agree to extend renewal deadline: source
FILE PHOTO: A woman exits the Viacom Inc. headquarters in New York, U.S. on April 30, 2013. REUTERS/Lucas Jackson/File Photo October 16, 2017 (Reuters) – Viacom Inc <VIAB.O> and Charter Communications Inc <CHTR.O> agreed on a short-term extension of their renewal deadline, a source familiar with the matter said, as […]
The Note: Trump moves to break governing deadlock, but can’t just go-it-alone
THE TAKE with ABC News’ RICK KLEIN The Trump presidency is no longer defined by paralysis. However, this flurry of unilateral action does not mean President Trump can ride alone and expect to get results. This presidential phase may be one of disruptive action — with Trump blowing things up […]
Storm Ophelia batters Ireland, trees and power lines down
Surfers watch as waves approach in the Atlantic on the eve of storm Ophelia in an area where the tide should be out in the County Clare town of Lahinch, Ireland October 15, 2017. REUTERS/Clodagh Kilcoyne October 16, 2017 By Clodagh Kilcoyne LAHINCH, Ireland (Reuters) – Tropical Storm Ophelia began […]
Ireland, UK brace for Ophelia; officials warn of ‘danger to life’
Storm Ophelia was beginning to pummel Ireland early Monday and is expected to hit Scotland and Northern Ireland, bringing “violent and destructive” wind gusting up to 90 mph as well as flooding due to heavy rain and storm surges. Forecasters said Ophelia is likely to be the most powerful storm […]
Exelixis liver cancer drug meets late-stage goal, shares jump
Oct 16 (Reuters) – Exelixis Inc. (EXEL) said on Monday its drug to treat patients with a type of liver cancer met the main goal in a late stage study, sending its shares up 19 percent in premarket trading. Continue Reading Below The drug, cabozantinib, showed statistically significant improvement in […]
Alleged deserter Bowe Bergdahl doubts he could get a fair trial after Trump comments
Former Taliban prisoner Bowe Bergdahl is expected to plead guilty to charges of desertion and misbehavior before the enemy in a military hearing that begins at Fort Bragg today as he doubts that he could get a fair trial following campaign statements by Donald Trump. Despite surviving five years in […]
US stock futures inch up as earnings head for higher gear
Oct 16 (Reuters) – U.S. stock index futures pointed to a slightly positive start for Wall Street on Monday as investors pondered a solid initial round of third quarter company earnings and awaited a further flood of results this week. Continue Reading Below * Netflix shares were up more than 1 percent ahead of earnings due after the market closes, having […]
Toyota to test self-driving, talking cars by about 2020
Toyota logos are seen at City Toyota in Daly City, California, U.S., October 3, 2017. REUTERS/Stephen Lam October 16, 2017 TOKYO (Reuters) – Toyota Motor Corp <7203.T> on Monday said it would begin testing self-driving electric cars around 2020, which will use artificial intelligence (AI) to engage with drivers, as […]