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  • Thu, 19 Apr 2018 16:35:40 -0400
    Tobacco and tech drag on Wall Street; yields boost banks
    NEW YORK (Reuters) - Wall Street's three major indexes closed lower on Thursday, with tobacco stocks leading a tumble in consumer staples while concerns about smartphone demand hurt the technology sector and rising bond yields and earnings helped financials rebound.
  • Thu, 19 Apr 2018 14:48:27 -0400
    Shire rejects $63 billion Takeda bid as Allergan drops pursuit
    NEW YORK/LONDON (Reuters) - Rare disease drug maker Shire Plc said on Thursday it had rejected a $63 billion cash-and-stock acquisition offer by Japan's Takeda Pharmaceutical Co Ltd , while Allergan Plc reversed course on pursuing a rival bid.
  • Thu, 19 Apr 2018 14:21:59 -0400
    AT&T CEO Stephenson says deal needed in content-dependent world
    WASHINGTON (Reuters) - AT&T CEO Randall Stephenson said on Thursday his company's bid to buy movie and TV show maker Time Warner would allow the two firms to serve customers better by lowering pay TV rates, rejecting government arguments the deal would raise consumer prices.
  • Thu, 19 Apr 2018 15:52:17 -0400
    New York's 'Fearless Girl' to stare down the Stock Exchange
    NEW YORK (Reuters) - The bronze statue of a little girl that became a tourism phenomenon by staring down Wall Street's massive "Charging Bull" sculpture is to be moved to a nearby spot where its stern gaze will be on the male-dominated New York Stock Exchange, city officials said on Thursday.
  • Thu, 19 Apr 2018 16:33:08 -0400
    Mattel CEO Margaret Georgiadis to step down
    (Reuters) - Toymaker Mattel Inc Chief Executive Officer Margaret Georgiadis, who took the helm in February last year, will step down and be replaced by company director Ynon Kreiz, effective April 26, the company said on Thursday.
  • Thu, 19 Apr 2018 16:20:18 -0400
    Canada sees progress on crucial autos file at NAFTA talks
    WASHINGTON (Reuters) - Canadian, Mexican and U.S. ministers seeking to revamp the NAFTA trade deal have made good progress on the vital question of autos content, Canadian Foreign Minister Chrystia Freeland said on Thursday as pressure to wrap up a deal intensified.
  • Thu, 19 Apr 2018 08:36:09 -0400
    Exclusive: China looks to speed up chip plans as U.S. trade tensions boil - sources
    BEIJING (Reuters) - China is looking to accelerate plans to develop its domestic semiconductor market amid a fierce trade stand-off with the United States and a U.S. ban on sales to Chinese phone maker ZTE that has underscored the country's reliance on imported chips.
  • Thu, 19 Apr 2018 14:51:52 -0400
    Trump launches effort to boost U.S. weapons sales abroad
    WASHINGTON (Reuters) - The Trump administration rolled out a long-awaited overhaul of U.S. arms export policy on Thursday aimed at expanding sales to allies, saying it will bolster the American defense industry and create jobs at home.
  • Thu, 19 Apr 2018 12:27:07 -0400
    BlackRock wants regulators to address unequal voting rights
    BOSTON (Reuters) - BlackRock Inc on Thursday called on securities regulators to set international standards for shareholder voting rights, suggesting they resolve one of the thorniest debates in corporate governance.
  • Thu, 19 Apr 2018 13:01:35 -0400
    Peugeot boss faces toughest adversary yet in IG Metall
    PARIS/FRANKFURT (Reuters) - PSA Group boss Carlos Tavares, whose career has seen him thrash out margin-boosting labor deals for two carmakers in several countries, is now taking on Germany's IG Metall union, which has been the undoing of many a cost cutter.