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  • 'What's the rush' on interest rate hikes, asks Fed's Kashkari
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    (Reuters) - With inflation low and wages showing little sign of an upward surge, the U.S. Federal Reserve should not be raising interest rates, Minneapolis Fed President Neel Kashkari said on Tuesday. ... Read more »
  • Scrapping South Korea pact would be rash mistake: U.S. trade lobby
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    WASHINGTON (Reuters) - Scrapping the U.S.-South Korean trade agreement would be a rash mistake, the U.S. Chamber of Commerce said on Tuesday, ahead of a first meeting this week between U.S. President Donald Trump and new South Korean President Moon Jae-in. ... Read more »
  • Canada allows Dow, Dupont merger after firms agree to sell assets
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    OTTAWA (Reuters) - Canada's Competition Bureau said on Tuesday it would allow a planned merger between DuPont and Dow Chemical Co after both firms agreed to dispose of some assets. ... Read more »
  • U.S. plaintiffs' lawyers warn of automaker role in Takata bankruptcy
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    WILMINGTON, Del. (Reuters) - Lawyers for people injured by exploding Takata Corp air bags told a U.S. bankruptcy court judge on Tuesday that the company's restructuring plan is being skewed to benefit automakers over victims. ... Read more »
  • Wall St. falters as Senate delays health vote
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    (Reuters) - The tech-heavy Nasdaq led a broad Wall Street decline on Tuesday with stocks falling more sharply after a healthcare bill was delayed in the U.S. Senate, raising fresh questions about President Trump's domestic agenda. ... Read more »
  • U.S. antitrust lawsuit against Qualcomm to proceed, judge rules
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    (Reuters) - The Federal Trade Commission's antitrust lawsuit against Qualcomm Inc can proceed, a federal judge ruled late on Monday, meaning the iPhone chip supplier must now wage a fight with U.S. regulators even as it contests a separate $1 billion lawsuit filed by Apple Inc . ... Read more »
  • Sprint shares jump on cable wireless talks, T-Mobile sinks
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    (Reuters) - Sprint Corp shares jumped as much as 6 percent on Tuesday on news the carrier is in talks with Charter Communications Inc and Comcast Corp about a wireless partnership, a move that added a new dimension to speculation about possible telecom sector tie-ups. ... Read more »
  • Nestle plans $20.8 billion share buyback amid Third Point pressure
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    LONDON/ZURICH (Reuters) - Nestle plans to buy back as much as 20 billion Swiss francs ($20.8 billion) worth of shares over three years, it said on Tuesday, days after U.S. activist shareholder Third Point LLC began a campaign to boost performance at the company. ... Read more »
  • Fed's Yellen expects no new financial crisis in 'our lifetimes'
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    LONDON (Reuters) - U.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be another financial crisis for at least as long as she lives, thanks largely to reforms of the banking system since the 2007-09 crash. ... Read more »
  • Google faces years of EU oversight on top of record antitrust fine
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    BRUSSELS/FRANKFURT (Reuters) - Beyond a headline-grabbing 2.4 billion euro ($2.7 billion) fine EU antitrust regulators have leveled against Google, the internet giant is likely to be shackled for years by Tuesday's precedent-setting decision defining the company as a monopoly. ... Read more »