Breaking Stock Market and Financial News

U.S. slated to sell $375 million of emergency reserve oil this winter

Top Reuters News - 15 hours 22 min ago
WASHINGTON (Reuters) - The U.S. government is slated to sell $375 million worth of crude oil from the country's emergency reserve this winter after Congress passed a temporary spending bill on Friday that contained a measure authorizing the sale.

Wisconsin judge rejects bid to stop election recount

Top Reuters News - Fri, 12/09/2016 - 23:59
(Reuters) - A U.S. judge in Wisconsin on Friday rejected a request by President-elect Donald Trump supporters to stop a recount of election votes while the Michigan Supreme Court denied an appeal by Green Party candidate Jill Stein to restart the state's recount.

Senate passes funding bill, sends to President Obama

Top Reuters News - Fri, 12/09/2016 - 23:45
WASHINGTON (Reuters) - The U.S. Senate passed legislation on Friday to fund the government through April and sent it to President Obama for signing into law, after Democrats who had sought more generous healthcare benefits for coal miners stopped delaying action on the measure.

CORRECTED-UPDATE 1-Ping An's overseas investments impacted by China's capital outflow crackdown-CFO

Reuters Us Markets - Fri, 12/09/2016 - 23:22
* Ping An CFO sees investment opportunities in U.S. and Europe

Senate passes short-term funding bill, averting shutdown

MarketWatch Market Pulse - Fri, 12/09/2016 - 23:20

The Senate passed a bill late Friday night to fund the government through April 28, acting just shortly before the government was due to partially shut down. The House approved the measure on Thursday and it now goes to President Barack Obama for signature. The funding bill was held up by Democrats' efforts to get a longer extension of miners' health-care benefits. But lawmakers said they wouldn't shut down the government over the issue and vowed to press it next year. The vote was 63-36.

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.

US Senate passes bill to fund government through April

Reuters Us Markets - Fri, 12/09/2016 - 23:19
WASHINGTON, Dec 9 (Reuters) - The U.S. Senate passed legislation on Friday to fund the government through April and sent it to President Barack Obama for signing into law, after Democrats who sought...

Legislation to fund US gov't through April clears procedural hurdle in Senate

Reuters Us Markets - Fri, 12/09/2016 - 22:57
WASHINGTON, Dec 9 (Reuters) - A bill to fund the U.S. government cleared a procedural hurdle in the U.S. Senate on Friday and appeared poised to pass the chamber, averting a government shutdown.

CIA says Russia intervened to help Trump win White House: Washington Post

Top Reuters News - Fri, 12/09/2016 - 22:12
WASHINGTON (Reuters) - The CIA has concluded that Russia intervened in the 2016 election to help President-elect Donald Trump win the White House, and not just to undermine confidence in the U.S. electoral system, the Washington Post reported on Friday.

Exxon CEO is now Trump's secretary of state favorite -transition official

Top Reuters News - Fri, 12/09/2016 - 22:08
GRAND RAPIDS, Mich. (Reuters) - Exxon Mobil Corp Chief Executive Officer Rex Tillerson emerged on Friday as President-elect Donald Trump's leading candidate for U.S. secretary of state, a senior transition official said.

UPDATE 2-Exxon CEO is now Trump's secretary of state favorite -transition official

Reuters Us Markets - Fri, 12/09/2016 - 21:58
GRAND RAPIDS, Mich., Dec 9 (Reuters) - Exxon Mobil Corp Chief Executive Officer Rex Tillerson emerged on Friday as President-elect Donald Trump's leading candidate for U.S. secretary of state, a...

Giuliani pulls out of consideration to serve in administration: Trump

Top Reuters News - Fri, 12/09/2016 - 21:48
WASHINGTON (Reuters) - Former New York Mayor Rudy Giuliani said on Friday he had removed his name from consideration for a position in Donald Trump's new administration as the president-elect narrows the field of people he is considering for secretary of state.

Trump names Dow Chemical CEO Liveris to head Manufacturing Council

Top Reuters News - Fri, 12/09/2016 - 21:15
(Reuters) - President-elect Donald Trump said on Friday he would name Andrew Liveris, chairman and chief executive of Dow Chemical Co, to head the Manufacturing Council, a private sector group that advises the U.S. secretary of commerce.

CORRECTED-Trump names Dow Chemical CEO Liveris to head Manufacturing Council

Reuters Us Markets - Fri, 12/09/2016 - 21:13
Dec 9 (Reuters) - President-elect Donald Trump said on Friday he would name Andrew Liveris, chairman and chief executive of Dow Chemical Co, to head the Manufacturing Council, a private sector group...

Exxon CEO Tillerson emerges as Trump's secretary of state favorite-transition official

Reuters Us Markets - Fri, 12/09/2016 - 20:09
GRAND RAPIDS, Mich., Dec 9 (Reuters) - Exxon Mobil Corp. chief executive officer Rex Tillerson emerged on Friday as President-elect Donald Trump's leading candidate for U.S. secretary of state, a...

REFILE-Aetna CEO defends merger with Humana in antitrust trial

Reuters Us Markets - Fri, 12/09/2016 - 20:05
WASHINGTON, Dec 9 (Reuters) - Aetna Inc's chief executive denied on Friday that its withdrawal from some Obamacare exchanges was in retaliation for government efforts to halt its merger with Humana...

UPDATE 1-Trump remains executive producer on reality TV show -Schwarzenneger

Reuters Us Markets - Fri, 12/09/2016 - 20:01
LOS ANGELES, Dec 9 (Reuters) - President-elect Donald Trump will remain an executive producer on the reality TV show "Celebrity Apprentice," new host Arnold Schwarzenegger said on Friday, defending...

Trump packs trade team with veterans of steel wars with China

Top Reuters News - Fri, 12/09/2016 - 20:00
WASHINGTON (Reuters) - President-elect Donald Trump is stacking his trade transition team with veterans of the U.S. steel industry's battles with China, signaling a potentially more aggressive approach to U.S. complaints of unfair Chinese subsidies for its exports and barriers to imports.

UPDATE 1-U.S. Senate to avert gov't shutdown after Democrats stop coal protest

Reuters Us Markets - Fri, 12/09/2016 - 19:59
WASHINGTON, Dec 9 (Reuters) - The U.S. Senate was preparing to pass a government spending bill on Friday evening after Democrats from coal states announced they would not risk a government shutdown...

BRIEF-Miza Enterprises announces change of Board of Directors

Reuters Us Markets - Fri, 12/09/2016 - 19:59
* Miza Enterprises Inc. announces change of Board of Directors and private placement Source text for Eikon: Further company coverage:

Senate appears poised to head off midnight government shutdown

MarketWatch Market Pulse - Fri, 12/09/2016 - 19:40

The Senate appeared poised Friday night to vote for a stopgap spending bill that would head off a government shutdown at midnight. The House approved the measure, which funds government operations through April 28, on Thursday. Senators including Joe Manchin, a West Virginia Democrat, had sought a longer extension of miners' benefits than is included in the House bill. "We are not going to shut down the government over this issue," said Sen. Mark Warner of Virginia, a Democrat. Votes are expected later Friday night.

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.

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