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Updated: 53 min 13 sec ago

U.S. jobless claims unexpectedly rise; import prices up modestly

Thu, 11/16/2017 - 09:17
WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits unexpectedly rose last week in part as a backlog of applications from Puerto Rico continued to be processed, but the underlying trend pointed to tightening labor market conditions.

Exclusive: Secret witness in Senate Clinton probe is ex-lobbyist for Russian firm

Thu, 11/16/2017 - 09:00
WASHINGTON (Reuters) - Senate Republicans say their investigation of Hillary Clinton’s role in approving a deal to sell U.S. uranium mines to a Russian company hinges in part on the testimony of a secret informant in a bribery and extortion scheme inside the same company.

Rights groups pressure IBM to renounce interest in Trump's 'extreme vetting'

Thu, 11/16/2017 - 08:35
WASHINGTON (Reuters) - A coalition of rights groups launched an online petition on Thursday urging IBM Corp to renounce a Trump administration proposal to use technology to identify people for visa denial and deportation from the United States.

Emerson sweetens bid for Rockwell Automation to $29 billion

Thu, 11/16/2017 - 07:16
(Reuters) - Emerson Electric Co boosted its offer to buy Rockwell Automation Inc to about $29 billion, after its previous bid of $27.6 billion was rebuffed last month.

Tesla to unveil electric big-rig truck in midst of Model 3 factory 'hell'

Thu, 11/16/2017 - 07:15
SAN FRANCISCO (Reuters) - Tesla Inc on Thursday will unveil a prototype electric big-rig truck, which may be able to drive itself, throwing the company into a new market even as it struggles to roll out an affordable sedan which is central to the company's future.

Congress poised for a major test on tax legislation

Thu, 11/16/2017 - 06:07
WASHINGTON (Reuters) - The Republican-controlled U.S. Congress was approaching a major test on Thursday of its ability to overhaul the federal tax code, as lawmakers prepared for their first full-scale vote on sweeping tax legislation.

Zimbabwe's Mugabe resisting army pressure to quit: senior source

Thu, 11/16/2017 - 04:19
HARARE (Reuters) - President Robert Mugabe is insisting he remains Zimbabwe's only legitimate ruler, an intelligence source said on Thursday, and is resisting mediation by a Catholic priest to allow the 93-year-old former guerrilla a graceful exit after a military coup.

China says 'dual suspension' proposal still best for North Korea

Thu, 11/16/2017 - 04:02
BEIJING (Reuters) - China said on Thursday a "dual suspension" proposal to handle North Korea was still the best option, after U.S. President Donald Trump said he and Chinese President Xi Jinping had rejected a "freeze for freeze" agreement.

Moderate Collins back in prominent role in Senate tax drama

Thu, 11/16/2017 - 03:59
WASHINGTON (Reuters) - Senator Susan Collins is back in the spotlight as a crucial swing vote in the U.S. Senate as she raises questions about how combining a Republican tax-cut plan with a partial repeal of Obamacare will affect middle-class Americans.

Lebanon's Hariri to fly to Paris within 48 hours: source close to Hariri

Thu, 11/16/2017 - 03:55
BEIRUT (Reuters) - Lebanon's Saad al-Hariri is expected to leave Saudi Arabia for France within 48 hours, before flying home to Beirut to officially submit his resignation as Lebanese prime minister, a source close to Hariri told Reuters on Thursday.

Angelina Jolie condemns sexual violence against Rohingya women refugees

Thu, 11/16/2017 - 03:47
DHAKA (Reuters) - Filmstar Angelina Jolie has condemned sexual violence inflicted on Rohingya women in Myanmar's Rakhine State, where a military counter-insurgency operation has sent hundreds of thousands of Rohingya Muslim refugees across the border to Bangladesh.

Britain preparing to transfer 400 million pounds to Iran - Telegraph newspaper

Thu, 11/16/2017 - 02:01
LONDON (Reuters) - Britain is preparing to transfer over 400 million pounds ($527 million) to Iran as it seeks the release of a jailed Iranian-British aid worker, The Telegraph newspaper reported, citing unidentified British sources.

Meredith, Time Inc restart deal talks with Koch brothers' support: NYT

Thu, 11/16/2017 - 01:17
(Reuters) - Time Inc is in talks with Meredith Corp again to sell itself in a potential deal backed by billionaire brothers Charles Koch and David Koch, the New York Times reported.

WADA says Russia still 'non-compliant' with anti-doping code

Thu, 11/16/2017 - 00:42
SEOUL (Reuters) - The World Anti-Doping Agency said on Thursday that Russia remains "non-compliant" with its Code, dealing a major blow to the country's hopes of being cleared for the Winter Olympics in February.

U.S. Pacific Commander: Military-backed diplomacy needed to deal with North Korea

Thu, 11/16/2017 - 00:31
TOKYO (Reuters) - Admiral Harry Harris, head of the U.S. military's Pacific Command, told Japanese Defence Minister Itsunori Onodera on Thursday that diplomacy backed by military power was necessary to deal with North Korea's missile and nuclear development.

Human Rights Watch accuses Myanmar military of widespread rape

Thu, 11/16/2017 - 00:14
UNITED NATIONS (Reuters) - Human Rights Watch accused Myanmar security forces on Thursday of committing widespread rape against women and girls as part of a campaign of ethnic cleansing during the past three months against Rohingya Muslims in the country's Rakhine state.

Mark Cuban says tax rates have almost no impact on investment

Wed, 11/15/2017 - 22:17
NEW YORK (Reuters) - Billionaire entrepreneur and potential presidential candidate Mark Cuban said on Wednesday that a cut in the U.S. corporate tax rate would have little to no effect on his investment decisions.

Two more women accuse Senate candidate Moore of sexual misconduct

Wed, 11/15/2017 - 21:58
(Reuters) - Two more women came forward on Wednesday with allegations of sexual misconduct against embattled Republican U.S. Senate candidate Roy Moore, one accusing him of groping her and the other of forcing a kiss on her when she was about 18.

Da Vinci portrait of Christ sells for record $450.3 million in New York

Wed, 11/15/2017 - 21:36
NEW YORK (Reuters) - Leonardo da Vinci's portrait of Christ "Salvator Mundi" sold for a record-smashing $450.3 million on Wednesday at Christie's in New York -- more than double the old mark for any work of art at auction.

Zimbabwe on knife's edge after military seizes power

Wed, 11/15/2017 - 21:18
HARARE (Reuters) - Zimbabwe was on a knife's edge on Thursday after the military seized power in what it dubbed a targeted operation against "criminals" in the entourage of President Robert Mugabe, who has ruled the southern African nation for almost four decades.