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Stock futures drop as Cisco disappoints; trade talks eyed
(Reuters) - U.S. stock futures dipped on Thursday after Cisco's disappointing forecast, while investors fretted about rising U.S. Treasury yields and looming trade talks between the United States and China.
Government borrowing costs rise as oil heads back to the 80s
LONDON (Reuters) - The dollar took a breather at a five-month high on Thursday, though government borrowing costs continued to grind upwards as oil prices hit their highest since 2014 at almost $80 a barrel.
Wall St. gains as small-cap Russell 2000 hits record
(Reuters) - Retail and technology stocks led Wall Street higher on Wednesday and the small-cap Russell 2000 hit a record peak, even as a rise in U.S. bond yields to an almost seven-year high suggested more competition for equities and investors frett...
Michigan State to pay $500 million to Nassar sex abuse victims
(Reuters) - Hundreds of women sexually abused by disgraced gymnastics doctor Larry Nassar have tentatively agreed to a $500 million settlement with Michigan State University, Nassar's former employer, attorneys for both sides said on Wednesday.
Lachlan Murdoch to replace brother James as Fox CEO after Disney deal
(Reuters) - Twenty First Century Fox's Chief Executive Officer James Murdoch will leave the company and be succeeded by brother Lachlan once the company sells off its TV and film assets to Walt Disney Co .
Trump says 'We'll see' on North Korea summit, to insist on denuclearization
WASHINGTON (Reuters) - U.S. President Donald Trump acknowledged on Wednesday it was unclear if his planned summit with North Korean leader Kim Jong Un would go ahead, and said Washington would insist that North Korea give up its nuclear weapons despi...
May disappointed by Scottish refusal to approve Brexit law
LONDON (Reuters) - British Prime Minister Theresa May said on Wednesday she was disappointed by the Scottish parliament's decision to refuse consent for the flagship legislation which will end Britain's membership of the European Union.
Labour tries to force PM May's hand on customs proposals
LONDON (Reuters) - Britain's opposition Labour Party will try to force Prime Minister Theresa May's government on Wednesday to reveal details of its two customs proposals in Brexit talks, capitalising on a row that is dividing her ministers...
Britain to renationalise East Coast rail line as profits fall short
LONDON (Reuters) - The British government is renationalising the rail route between London and Edinburgh, taking back the line from private operator Stagecoach after the company over-estimated the profits it could make on the route.
Two Pennsylvania men due in court in quadruple murder case
HARRISBURG, Pa. (Reuters) - Two Pennsylvania men accused of luring four young men to a farm with the promise of marijuana, shooting them dead and then burning their bodies in a pig roaster were due in court in the murder case on Wednesday.
Hundreds of thousands remain without power after deadly storm pounds U.S. Northeast
NEW YORK (Reuters) - Hundreds of thousands of people remained without power in the U.S. Northeast on Wednesday after ferocious storms packing fierce winds and hail battered the region, killing three people.
Senate panel releases details from its Trump Tower meeting probe
WASHINGTON (Reuters) - The U.S. Senate Judiciary Committee on Wednesday released hundreds of pages of transcripts and other details from its investigation of a Trump campaign meeting at Trump Tower in June 2016 with Russians who claimed to have damag...
Amazon cuts Whole Foods prices for Prime members in new grocery showdown
(Reuters) - Amazon.com Inc and Whole Foods Market are making a surgical strike in the already brutal grocery price war.
Netflix's next act: feeding the service with its own movies
LOS ANGELES (Reuters) - As Hollywood studios unleash their summer blockbusters into theaters, Netflix Inc is trying to give film buffs a reason to stay home.
Wall Street to open flat on rising U.S. yields, North Korea worries
(Reuters) - Wall Street was set to open little changed on Wednesday as investors assessed the impact of a surge in bond yields, while growing doubts about the U.S.-North Korea summit also weighed.
Trump CIA nominee secures key Democrat's vote, heads for confirmation
WASHINGTON (Reuters) - The top Democrat on the U.S. Senate Intelligence Committee said on Tuesday he would support President Donald Trump's nominee to be CIA director, Gina Haspel, all but ensuring her confirmation as the first woman to lead the...
EPA chief to face fresh questions about spending in senate hearing
WASHINGTON (Reuters) - U.S. Environmental Protection Agency chief Scott Pruitt will testify in front of a Senate subcommittee on Wednesday about his agency's budget, exposing him to fresh questions about his travel and security spending.
Israel says Hamas curbed Gaza protests after Egyptian warning
GAZA/JERUSALEM (Reuters) - Palestinian protests on the Gaza-Israel border have dropped off dramatically, with Israel on Wednesday pointing to what it said were Egyptian efforts to restore calm after dozens of Palestinians were killed by Israeli gunfi...
A Venezuelan paradox: Maduro's critics long for change but won't vote
CARACAS (Reuters) - Months before Venezuela's opposition coalition called for abstention in Sunday's presidential election, college student Ana Romano had already decided not to vote.