As Italy Seeks to Form a Government, Leaked Documents Stir Anxiety (

Wed, 16 May 2018 14:30:09 GMT – Financial markets fell on news that the Five Star Movement and the anti-immigrant League party want to radically change the country’s ties with the European Union.

Full Story As Italy Seeks to Form a Government, Leaked Documents Stir Anxiety

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U.S. top court backs companies over worker class-action claims » (

Mon, 21 May 2018 12:01:40 -0400 – WASHINGTON (Reuters) – The U.S. Supreme Court delivered a blow to the rights of workers on Monday by allowing companies to require them to sign away their ability to bring class-action claims against management, agreements already in place for about 25 million employees.

Wall Street jumps on trade war truce, Russell 2000 hits record » (

Mon, 21 May 2018 11:57:42 -0400 – (Reuters) – U.S. stocks climbed on Monday after the United States and China put their trade differences “on hold” to work on a wider agreement, while sentiment was also buoyed by the nearly $28 billion worth of merger activity.

LaSalle Hotel accepts Blackstone's $3.7 billion cash offer » (

Mon, 21 May 2018 10:42:58 -0400 – (Reuters) – LaSalle Hotel Properties decided to sell itself to private equity firm Blackstone Group LP for $3.7 billion in cash, rejecting a cash-and-stock offer from rival Pebblebrook Hotel Trust .

GE merges transportation unit with Wabtec in $11.1 billion deal » (

Mon, 21 May 2018 11:42:55 -0400 – (Reuters) – General Electric Co confirmed on Monday it was unloading the bulk of its transportation business which makes train engines to Wabtec Corp , a U.S. manufacturer of equipment for the rail industry, in a deal valued at about $11.1 billion.

Britain unlikely to investigate Comcast bid for Sky, says minister » (

Mon, 21 May 2018 09:04:37 -0400 – LONDON (Reuters) – Britain said it was unlikely to refer Comcast’s bid for Sky for a lengthy investigation after an initial review found that the $30 billion offer did not raise public concerns about media ownership.

China relieved, U.S. business ambivalent over easing of trade tensions » (

Mon, 21 May 2018 11:29:18 -0400 – BEIJING (Reuters) – China’s government on Monday praised a significant cooling of trade tensions with the United States, saying agreement was in both nations’ interests while state media trumpeted what it saw as Beijing’s refusal to surrender to U.S. economic threats.

U.S. and Canadian regulators open probes into cryptocurrency scams » (

Mon, 21 May 2018 11:02:16 -0400 – WASHINGTON (Reuters) – U.S. and Canadian state securities regulators announced Monday they have launched dozens of investigations into cryptocurrency scams.

Model 3 price hype helps Tesla shares bounce » (

Mon, 21 May 2018 10:51:31 -0400 – (Reuters) – Shares in Tesla Inc jumped more than 4 percent on Monday as investors were encouraged by the company’s placing a $78,000 price tag on the fully-loaded version of its Model 3 sedan.

U.S.'s Mnuchin: 'Significant' issues remain over NAFTA » (

Mon, 21 May 2018 10:42:10 -0400 – WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin on Monday said major issues remained in talks between the United States, Mexico and Canada to renegotiate the North American Free Trade Agreement(NAFTA).

EU parliament to broadcast Zuckerberg hearing » (

Mon, 21 May 2018 08:16:17 -0400 – BRUSSELS (Reuters) – A European Parliament meeting on Tuesday with Facebook CEO Mark Zuckerberg will be broadcast live, parliamentary officials and the company said on Monday after controversy over plans for a closed-door hearing.

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