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China third-quarter GDP growth slows as expected, property measures bite

Top Reuters News - 1 hour 13 min ago
BEIJING (Reuters) - China's economic growth slowed slightly as expected in the third quarter as the government's efforts to rein in the property market and debt risks tempered activity in the world's second-largest economy.

Special Report: Backroom battle imperils $230 million cryptocurrency venture

Top Reuters News - 1 hour 53 min ago
ZUG, Switzerland/NEW YORK (Reuters) - Just three months ago, a tech project called Tezos raised $232 million online in a wildly successful "initial coin offering," in which new digital currency is parcelled out to buyers. At the time, it was the most money ever raised from the public in the white-hot cryptocurrency sector.

Settlement proposed in North Carolina transgender bathroom lawsuit

Reuters US Politics - 2 hours 27 min ago
WINSTON-SALEM, N.C. (Reuters) - Transgender people would be allowed to use public restrooms in North Carolina that match their gender identity under a settlement agreement filed on Wednesday that aims to resolve the federal lawsuit over the state's widely criticized bathroom law.

MongoDB prices IPO at $24, above elevated range

MarketWatch Market Pulse - 3 hours 40 min ago

MongoDB Inc. priced its initial public offering at $24 a share Wednesday night, $2 higher than the price range it had already inflated just the day before. The database-software company originally targeted an IPO price in a range of $18 to $20, and increased that target to $20 to $22 Tuesday. MongoDB plans to sell at least 8 million shares at the $24 price, which would raise $192 million at an initial valuation of about $1.18 billion. The company was valued at $1.6 billion in its last round of private investment, the end of about $300 million in venture investment in the startup. Underwriters, led by Morgan Stanley, Goldman Sachs and Barclays, have access to an additional 1.2 million shares that could sell and raise the total take and valuation. MongoDB is expected to begin trading under the ticker symbol MDB on the Nasdaq exchange Thursday morning.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

U.S. says holds Myanmar military leaders accountable in Rohingya crisis

Reuters US Politics - 3 hours 48 min ago
WASHINGTON (Reuters) - U.S. Secretary of State Rex Tillerson said on Wednesday the United States held Myanmar's military leadership responsible for its harsh crackdown on the Rohingya Muslim minority.

Exclusive: Trump selects Washington lawyer Joe Simons to head FTC - official

Top Reuters News - 3 hours 59 min ago
WASHINGTON (Reuters) - President Donald Trump has selected Joseph Simons, an antitrust attorney from a Washington law firm, to head the Federal Trade Commission, a White House official said on Wednesday.

Exclusive: Trump selects Washington lawyer Joe Simons to head FTC - official

Reuters US Politics - 3 hours 59 min ago
WASHINGTON (Reuters) - President Donald Trump has selected Joseph Simons, an antitrust attorney from a Washington law firm, to head the Federal Trade Commission, a White House official said on Wednesday.

White House says Trump opposes Senate's bipartisan Obamacare deal

Reuters US Politics - 4 hours 2 min ago
WASHINGTON (Reuters) - A bipartisan deal from two senators to stabilize Obamacare by restoring subsidies to health insurers suffered major setbacks on Wednesday with the White House saying President Donald Trump now opposes it and senior Republicans speaking out against it.

Lawmakers urge U.S. to craft targeted sanctions on Myanmar military

Reuters US Politics - 4 hours 8 min ago
WASHINGTON (Reuters) - More than 40 lawmakers urged the Trump administration on Wednesday to reimpose U.S. travel bans on Myanmar's military leaders and prepare targeted sanctions against those responsible for a crackdown on the country's Rohingya Muslim minority.

White House says Trump's check to military family has been sent

Top Reuters News - 4 hours 23 min ago
That was the message from the White House on Wednesday after the father of a slain U.S. Army sergeant said a generous offer from President Donald Trump had not materialized.

White House says Trump's check to military family has been sent

Reuters US Politics - 4 hours 23 min ago
That was the message from the White House on Wednesday after the father of a slain U.S. Army sergeant said a generous offer from President Donald Trump had not materialized.

ANALYSIS: Post-Raqqa IS moving from 'caliphate' to guerrilla warfare

MiddleEasteye - 4 hours 34 min ago
Language Undefined

As clean-up of Raqqa begins, strategists are not writing off Islamic State group just yet

Blue Apron cuts 6 percent of its workforce

Top Reuters News - 4 hours 51 min ago
(Reuters) - Blue Apron Holdings Inc said it had cut about 6 percent of its total workforce, nearly four months after going public, as the meal-kit delivery company comes under increasing pressure from deep-pocketed rivals such as Amazon.com Inc .

U.S. wants stronger India economic, defense ties given China's rise: Tillerson

Reuters US Politics - 4 hours 55 min ago
WASHINGTON (Reuters) - U.S. Secretary of State Rex Tillerson said before a visit to India next week that the Trump administration wanted to "dramatically deepen" cooperation with New Delhi, seeing it as a key partner in the face of negative Chinese influence in Asia.

Spain-Catalonia standoff set to intensify as leaders take hard lines

Top Reuters News - 5 hours 1 min ago
MADRID (Reuters) - Spain's political showdown with Catalonia is set to reach a new level on Thursday when political leaders in Madrid and Barcelona are expected to make good on pledges made to their supporters to stick to their tough positions over the region's future.

US and Russia set for UN showdown over Syria toxic gas inquiry

MiddleEasteye - 5 hours 3 min ago
Language Undefined

UN inquiry that investigates sarin gas weapons attack in Syria wants to be renewed by US, but not Russia

Proposed settlement reached in North Carolina's transgender bathroom lawsuit

Reuters US Politics - 5 hours 7 min ago
WINSTON-SALEM, N.C. (Reuters) - Transgender people would be allowed to use public restrooms in North Carolina that match their gender identity under a settlement agreement filed on Wednesday that aims to resolve the federal lawsuit over the state's widely criticized bathroom law.

Senate Republicans appear to have votes to pave way to tax reform

Reuters US Politics - 5 hours 23 min ago
WASHINGTON (Reuters) - U.S. Senate Republicans appeared to have enough votes on Wednesday to pass a budget measure that is crucial to President Donald Trump's hopes of enacting tax reform legislation before the end of the year.

SendGrid plans IPO as email-focused startup nears $100 million in annual revenue

MarketWatch Market Pulse - 6 hours 20 min ago

SendGrid Inc. filed documents for an initial public offering Wednesday, following through on a promise to debut in 2017 as it heads toward $100 million in annual revenue and potential profitability. SendGrid, which sells a software platform that helps companies manage email communications with customers, said it would seek $100 million in proceeds in the offering, though that is usually a placeholder figure that will be replaced in subsequent filings. The 8-year-old startup based in Denver has experienced strong revenue growth while losses have shrunk, according to its filing with the Securities and Exchange Commission. SendGrid reported annual revenue totals of $42.8 million, $58.5 million and $79.9 million for the past three full years, while annual net losses fell from $13 million to $5.9 million to $3.9 million. In the first six months of 2017, the company lost $3.1 million on revenue of $51.8 million, both improvements from the same period the year before, which puts it on track for a stated goal of $100 million in revenue along with an IPO this year. The company has raised more than $80 million in private investment, according to Crunchbase, and the SEC filing shows that venture capital investors own about 73% of the company, led by Foundry Group's stake of 29.6%. SendGrid plans to list on the New York Stock Exchange under the ticker symbol SEND, and the offering is being led by Morgan Stanley and JP Morgan.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Iraqi Kurdistan’s oil exports cut by more than half

MiddleEasteye - 6 hours 26 min ago
Language Undefined

Production went from 600,000 to 225,000 barrels per day after oil fields in Kirkuk came under control of Iraq's military

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