Reuters: Business News
|CACI seeks to break up General Dynamics' acquisition of CSRA: sources
(Reuters) - U.S. defense contractor CACI International Inc has offered to merge with larger peer CSRA Inc , seeking to disrupt the latter's $6.8 billion acquisition by General Dynamics Corp , people familiar with the matter said.
POSTED MARCH 18, 2018 2:35 PM
|Ten years after crash, Americans still have not fallen back in love with stocks
NEW YORK (Reuters) - Luke Thomas, 44, an information technology field manager who lives in Miami, began investing in the U.S. stock market in his early 20s, attracted by the prospect of learning “how to grow a little bit of money into a lot,” he said.
POSTED MARCH 18, 2018 7:16 AM
|New German finance ministry pushes free trade at G20 meeting
BUENOS AIRES (Reuters) - Germany's new finance minister Olaf Scholz warned on Sunday that protectionism could harm future economic prospects and said Germany would continue talks to dissuade the United States from imposing planned punitive steel and aluminum tariffs.
POSTED MARCH 18, 2018 7:43 AM
|'Exhausted' Toys 'R' Us suppliers weigh options as huge retailer shuts
CHICAGO/NEW YORK (Reuters) - When Toys 'R' Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11.
POSTED MARCH 17, 2018 2:14 PM
|U.S. probes air bag failures in deadly Hyundai, Kia car crashes
WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said on Saturday it is opening a probe into why some air bags failed to deploy in Hyundai and Kia vehicles after crashes in which four people were reportedly killed and another six injured.
POSTED MARCH 17, 2018 10:00 PM
|Baidu video streaming unit iQiyi launches $2.4 billion U.S. IPO
(Reuters) - Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc , has launched an initial public offering in New York worth up to $2.4 billion, seeking to expand its range of content.
POSTED MARCH 18, 2018 8:44 AM
|Take Five: World markets themes for the week ahead
LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
POSTED MARCH 18, 2018 12:54 AM
|U.S. government to accept metals tariffs exclusion requests from Monday
WASHINGTON (Reuters) - The U.S. Commerce Department said it will begin accepting requests on Monday for product exclusions from President Donald Trump's new steel and aluminum import tariffs, but it could take up to 90 days for the agency to make determinations.
POSTED MARCH 17, 2018 10:04 PM
|Wall Street's tech love affair might end in tears
SAN FRANCISCO (Reuters) - Outsized returns delivered by Amazon.com , Netflix and other heavyweight technology stocks have made them heroes on Wall Street, but some strategists warn that investors' reliance on them exacerbates the risk of a steep downturn.
POSTED MARCH 16, 2018 9:30 PM
|Daimler cars unit invests to ramp up output to 3 million vehicles
FRANKFURT (Reuters) - Germany' Daimler is in a push to boost production capacity as its Mercedes-Benz Cars unit eyes annual sales of 3 million vehicles, up from 2.4 million last year, an executive told weekly publication Automobilwoche.
POSTED MARCH 17, 2018 11:22 AM