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  • U.S. reaches deal to keep China's ZTE in business: congressional aide
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    WASHINGTON (Reuters) - The Trump administration told lawmakers the U.S. government has reached a deal to put Chinese telecommunications company ZTE Corp back in business after it pays a significant fine and makes management changes, a senior congressional aide said on Friday. ... Read more »
  • Investors find little appetite for consumer staples
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    (Reuters) - The consumer staples index , the S&P 500's biggest laggard for 2018, could have further to fall and may even look less appealing as a defensive play in the event the economy turns sour. ... Read more »
  • U.S. jury fails to reach verdict in latest J&J talc trial
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    NEW YORK (Reuters) - A South Carolina jury on Friday could not agree on a verdict in a case of a woman whose family said her long-term use of Johnson & Johnson's Baby Powder led to her death from asbestos-related cancer, resulting in a mistrial. ... Read more »
  • S&P, Dow fall as oil drop hurts energy; chipmakers boost Nasdaq
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    NEW YORK (Reuters) - The S&P 500 and the Dow eased on Friday after a steep drop in oil prices pressured energy stocks, but losses were limited by gains in chipmakers and retail stocks. ... Read more »
  • S&P 500 companies return $1 trillion to shareholders in tax-cut surge
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    SAN FRANCISCO (Reuters) - S&P 500 companies have returned a record $1 trillion to shareholders over the past year, helped by a recent surge in dividends and stock buybacks following sweeping corporate tax cuts introduced by Republicans, a report on Friday showed. ... Read more »
  • Exclusive: Tesla flies in new battery production line for Gigafactory
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    FRANKFURT/SAN FRANCISCO (Reuters) - Tesla Inc has flown six planes full of robots and equipment from Europe to California in an unusual, high-stakes effort to speed up battery production for its Model 3 electric sedan, people familiar with the matter told Reuters this week. ... Read more »
  • FBI warns Russians hacked hundreds of thousands of routers
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    (Reuters) - The FBI warned on Friday that Russian computer hackers had compromised hundreds of thousands of home and office routers and could collect user information or shut down network traffic. ... Read more »
  • T-Mobile says ex-Trump campaign manager advising on Sprint merger
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    WASHINGTON (Reuters) - T-Mobile US said it is getting advice on its proposed $26 billion merger with Sprint Corp from a lobbying firm whose staff includes several members of President Donald Trump's election team such as former campaign manager Corey Lewandowski. ... Read more »
  • Trump metals tariffs make Granite City great again, but at what cost?
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    GRANITE CITY, Ill. (Reuters) - After Donald Trump was elected president in 2016 on a pledge to "Make America Great Again" and revive the country's old industrial heartland, Dave Chrusciel hoped someday to return to his previous job at the steel mill here in this southern corner of Illinois. ... Read more »