Breaking Stock Market and Financial News

U.S. scales back visa services in Russia after Putin cuts its staff

Top Reuters News - 2 hours 53 min ago
MOSCOW (Reuters) - The United States said on Monday it was scaling back its visa services in Russia after Moscow ordered it to sharply cut its diplomatic staff in retaliation over new U.S. sanctions.

China's Great Wall confirms interest in Fiat Chrysler

Top Reuters News - 3 hours 11 min ago
SHANGHAI/BEIJING (Reuters) - China's Great Wall Motor Co Ltd is interested in bidding for Fiat Chrysler Automobiles (FCA), a company official said on Monday, confirming reports it is pursuing all or part of the owner of the Jeep and Ram truck brands.

Texas university removes 'white supremacy' statues overnight

Top Reuters News - 3 hours 36 min ago
(Reuters) - The University of Texas at Austin removed the statues of three Confederate-era figures from a main area on campus on Monday, saying they had become symbols of white supremacy and that they were taken down overnight to avoid confrontations.

Chinese auto maker interested in buying Fiat: Reuters

MarketWatch Market Pulse - 4 hours 4 min ago

Chinese auto maker Great Wall Motor Co. is considering a bid for Fiat Chrysler Automobiles NV , according to a Reuters report Monday. "With respect to this case, we currently have an intention to acquire," Reuters quoted an unnamed Great Wall Motor official as saying. This follows a report by Automotive News that the Chinese company was exploring the purchase of Fiat's Jeep brand. In Milan, Fiat shares rose as much as 4.9% on Monday morning. NYSE-listed shares of Fiat were up 2.9% in premarket trade.

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'America First' protesters face off with opponents at California beach rally

Top Reuters News - 5 hours 31 min ago
LAGUNA BEACH, Calif. (Reuters) - Anti-immigration demonstrators faced off against a much bigger crowd of counter-protesters in the Southern California town of Laguna Beach on Sunday, as police kept the opposing sides apart.

Millions of Americans await awe-inspiring total solar eclipse

Top Reuters News - 5 hours 46 min ago
SALMON, Idaho/MURPHY, N.C. (Reuters) - Millions of Americans armed with protective glasses are taking positions along a slender ribbon of land cutting diagonally across the United States to marvel at the first total solar eclipse to unfold from coast to coast in nearly a century.

Barcelona attack suspect Abouyaaqoub thought to be van driver: government official

Top Reuters News - 5 hours 54 min ago
MADRID (Reuters) - Investigators believe that Younes Abouyaaqoub, a 22-year-old Moroccan-born man sought by police, was the driver of a van that rammed into crowds last Thursday in Barcelona, killing 13 people, a Catalan government official said on Monday.

Maersk jumps 5% after $7.45 billion deal to sell oil business to Total

MarketWatch Market Pulse - 6 hours 27 min ago

Shares of A.P. Moeller-Maersk AS rallied 5.1% in Copenhagen on Monday after the Danish oil and shipping giant said it has agreed to sell its oil and gas unit to French energy major Total SA for $7.45 billion. Total will pay for Maersk Oil with a mix of $4.95 billion worth of shares and $2.5 billion in short-term debt, giving the Danish conglomerate a 3.76% stake in Total. With the sale, Maersk has now started the process of divesting its energy units and will instead focus on its transport business. Maersk is the world's biggest shipping company. Shares of Total were down 0.6% in early European trade.

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.

University of Texas at Austin moving statues of four figures tied to Confederacy

Top Reuters News - 7 hours 47 min ago
(Reuters) - The University of Texas at Austin is removing the statues of four figures tied to the Confederacy, the school's president said on Sunday, saying they had become symbols of white supremacy.

In Montana’s Indian country, tribes take opposite sides on coal

Top Reuters News - 8 hours 5 min ago
LAME DEER, Montana (Reuters) - U.S. Interior Secretary Ryan Zinke and Vice President Mike Pence took a horseback tour in May of a Montana coal mine belonging to the Crow Nation. They posed for photos with tribal leaders and declared an end to the U.S. government’s “war on coal.”

Trump to present vision for U.S. strategy in Afghanistan war

Top Reuters News - 8 hours 59 min ago
WASHINGTON (Reuters) - It will be President Donald Trump's turn on Monday to address a problem that vexed his two predecessors when he details his strategy for the war in Afghanistan, America's longest military conflict.

U.S., South Korea begin computer-simulated drills amid North Korea tensions

Top Reuters News - 9 hours 46 min ago
SEOUL (Reuters) - South Korean and U.S. forces began computer-simulated military exercises on Monday amid tensions over North Korea's missile and nuclear programs, amid reports that Pyongyang has generated at least $270 million since February despite U.N. sanctions.

Ten sailors missing after U.S. warship collides with tanker near Singapore

Top Reuters News - Sun, 08/20/2017 - 21:54
SINGAPORE/WASHINGTON (Reuters) - Ten sailors are missing after a U.S. warship collided with an oil tanker east of Singapore on Monday, the U.S. Navy said, the second accident involving U.S. Navy destroyers in Asian waters in little more than two months.

U.S. Navy destroyer damaged in collision with merchant ship near Singapore

MarketWatch Market Pulse - Sun, 08/20/2017 - 21:00

The USS John S. McCain collided with a merchant ship near Singapore early Monday, and U.S. Navy officials say search and rescue operations are underway. The guided-missile destroyer reportedly suffered damage to its port side, and officials with the U.S. 7th Fleet said there were an "unspecified number of minor injuries." Officials said the incident happened around 6:30 a.m. local time in the Strait of Malacca as the ship was headed for Singapore for a routine port visit. The ship was commissioned in 1994 and is named for both the father and grandfather of Sen. John McCain, both of whom were onetime U.S. Navy admirals. In June, seven U.S. sailors were killed when another destroyer, the USS Fitzgerald, crashed into a merchant ship off Japan. Last week, the Navy relieved that ship's top commanders from their posts, citing "serious mistakes."

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.

Sempra Energy near $9.3 billion deal to buy Oncor: report

MarketWatch Market Pulse - Sun, 08/20/2017 - 19:13

Sempra Energy is close to a $9.3 billion deal to buy Texas utility Oncor Electric Delivery Co., Bloomberg News reported Sunday. Oncor's parent is the bankrupt Energy Future Holdings Corp., and rumors have been flying for months over who might buy the unit. In July, Warren Buffett's Berkshire Hathaway was said to be near a $9 billion deal, and hedge fund Elliott Management Corp. has also been in the mix. Bloomberg said the deal is not yet compete, but may be announced as soon as Monday. San Diego-based Sempra is apparently the mystery buyer that emerged Friday.

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.

Trump to lay out U.S. strategy for Afghanistan on Monday night

Top Reuters News - Sun, 08/20/2017 - 17:45
BRIDGEWATER, N.J./WASHINGTON (Reuters) - President Donald Trump will lay out his long-awaited U.S. strategy for the war in Afghanistan in a prime-time television address to the American people on Monday night, the White House said on Sunday.

Prominent U.S. religious conservatives defend Trump after Charlottesville

Top Reuters News - Sun, 08/20/2017 - 15:50
WASHINGTON (Reuters) - Two prominent religious conservatives defended U.S. President Donald Trump on Sunday after he was widely criticized for blaming both white nationalists and counter-protesters for last weekend's violence at a Virginia rally organized by neo-Nazis and white supremacists.

Jerry Lewis, king of low-brow comedy and charity fundraiser, dies at 91

Top Reuters News - Sun, 08/20/2017 - 15:15
LOS ANGELES (Reuters) - Jerry Lewis, the high prince of low-brow comedy on stage and in movies as well as a fund-raising powerhouse with his annual Labor Day telethon, died on Sunday of "natural causes" at the age of 91, his family said.

NAFTA negotiators wrap up first round of talks

Top Reuters News - Sun, 08/20/2017 - 14:02
WASHINGTON (Reuters) - Trade negotiators from the United States, Canada and Mexico on Sunday wrapped up the first round of talks to revamp the NAFTA trade pact, amid signs that an ambitious schedule to conclude negotiations by early 2018 could slip in the coming months.

Merkel attacks Turkey's 'misuse' of Interpol warrants

Top Reuters News - Sun, 08/20/2017 - 12:52
BERLIN (Reuters) - German Chancellor Angela Merkel criticized Turkey's use of an Interpol arrest warrant to detain a German writer in Spain, telling an election town hall event on Sunday that this amounted to abuse of the international police agency.

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