Breaking Stock Market and Financial News

Spanish government aims for January regional elections in Catalonia: PSOE

Top Reuters News - Fri, 10/20/2017 - 04:45
MADRID (Reuters) - The Spanish government has agreed with the opposition Socialists (PSOE) to hold regional elections in January in Catalonia as part of the extraordinary package of measures to temporarily impose direct rule on the region, Socialist politician Carmen Calvo said in an interview on national television on Friday.

Moscow seeks support for Russia-Chinese roadmap on North Korea

Top Reuters News - Fri, 10/20/2017 - 04:39
MOSCOW (Reuters) - Russian Foreign Minister Sergei Lavrov urged world powers on Friday to get behind a joint Russian-Chinese roadmap for settling the crisis over North Korea's weapons program.

In Kuroda's face - researchers find ways to predict central bank changes

Top Reuters News - Fri, 10/20/2017 - 02:28
TOKYO (Reuters) - For decades, economists have tried to guess central bank policy direction by studying subtle changes in official language -- now, researchers are finding new clues on policy, not in the words of central banker but in their faces.

U.S. stock futures move higher as Senate passes budget proposal

MarketWatch Market Pulse - Fri, 10/20/2017 - 01:23

U.S. stock futures rose early Friday after the Senate adopted a budget for the next fiscal year, a move that is seen as paving the way for tax reform. Dow Jones Industrial Average futures gained 76 points, or 0.3%, to 23,190, while S&P 500 futures rose 6.25 points, or 0.2%, to 2,566.75. Nasdaq-100 futures gained 16.75 points, or 0.3%, to 6,114.75. The Senate passed the budget blueprint late Thursday in a 51-49 vote. Wall Street stocks have been moving higher since the election of U.S. President Donald Trump last year, with gains driven in part by hopes for tax reform.

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.

Amid South Korea freeze, China says cultural exchanges take the temperature

Top Reuters News - Fri, 10/20/2017 - 01:14
BEIJING (Reuters) - Cultural exchanges between countries need to consider the "temperature" of popular opinion and how people feel about each other, a senior Chinese official said on Friday, amid a freeze in cultural ties with South Korea over an anti-missile system.

Short on staff: Nursing crisis strains U.S. hospitals

Top Reuters News - Fri, 10/20/2017 - 01:11
MORGANTOWN, West Virginia (Reuters) - A shortage of nurses at U.S. hospitals hit West Virginia's Charleston Area Medical Center at the worst possible time.

Dodgers beat Cubs in Game Five to reach World Series

Top Reuters News - Fri, 10/20/2017 - 01:03
(Reuters) - The Los Angeles Dodgers are back in Major League Baseball's World Series for the first time since 1988 after beating the Chicago Cubs 11-1 on Thursday to clinch the National League Championship series 4-1.

Nissan's inappropriate inspections started at least 20 years ago: NHK

Top Reuters News - Thu, 10/19/2017 - 23:31
TOKYO (Reuters) - Inappropriate inspection practices at Nissan Motor Co Ltd had been going for at least 20 years, Japanese national broadcaster NHK reported on Friday, in a new revelation that could further roil Japan's second-biggest automaker.

Japan's Emperor Akihito likely to abdicate at end-March 2019: Asahi

Top Reuters News - Thu, 10/19/2017 - 23:01
TOKYO (Reuters) - Japan's Emperor Akihito is likely to abdicate at the end of March 2019 and Crown Prince Naruhito is expected to ascend the throne in April, the first abdication by a Japanese monarch in nearly two centuries, the Asahi newspaper reported on Friday.

Exclusive: Tech companies to lobby for immigrant 'Dreamers' to remain in U.S.

Top Reuters News - Thu, 10/19/2017 - 23:00
SAN FRANCISCO (Reuters) - Nearly two dozen major companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen by Reuters.

Obama blasts 'politics of division' on return to campaign trail

Top Reuters News - Thu, 10/19/2017 - 22:18
(Reuters) - Former President Barack Obama, back on the campaign trail on Thursday for the first time since he left the White House, called on voters to reject a growing "politics of division" that he said was corroding American democracy.

Senate passes budget blueprint key to Trump tax effort

Top Reuters News - Thu, 10/19/2017 - 22:06
WASHINGTON (Reuters) - President Donald Trump's drive to overhaul the U.S. tax code cleared a critical hurdle on Thursday when the Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut package without Democratic support.

Ford-backed commuter shuttle service Chariot suspended in San Francisco

MarketWatch Market Pulse - Thu, 10/19/2017 - 20:18

Chariot, a Ford Motor Co. -backed commuter shuttle service has been suspended by the California Public Utilities Commission after it failed three successive California Highway Patrol inspections, a spokesman told MarketWatch. "The CPUC has a responsibility to suspend a carrier's operating permit for failure to maintain a vehicle in safe operating mode, other violations related to transportation safety, and/or failure to comply with the DMV's employee Pull Notice Program," the spokesman wrote in an email. Chariot customers in San Francisco tweeted screenshots of an email from the company informing them of the service suspension shortly before the evening commute. The CPUC's decision affects the San Francisco Bay Area, but Chariot also operates in Seattle, Austin, Texas and New York, according to its website. A spokeswoman declined to answer questions about the safety violations and said in an emailed statement that the company disagrees with the CPUC order and that Chariot is in "full compliance" with regulations. "Chariot is committed to providing our customers with safe and reliable service," the spokeswoman wrote. "We also are committed to complying with government orders even when we disagree and using appropriate legal processes to resolve them as expeditiously as possible." Ford did not return a request for comment.

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.

Protesters to white nationalist speaker at University of Florida: 'Go home Nazis'

Top Reuters News - Thu, 10/19/2017 - 19:35
GAINESVILLE, Fla. (Reuters) - Protesters shouted "Go home Nazis" as a white nationalist gave a speech on Thursday at the University of Florida, where hundreds of police set up barricades and separated supporters and demonstrators to guard against violence.

North Korea warns threats a 'big miscalculation' in letter to Australia lawmakers

Top Reuters News - Thu, 10/19/2017 - 18:47
SYDNEY (Reuters) - North Korea has sent a letter to Australia's parliament, warning it is a nuclear power and will not be cowed by U.S. President Donald Trump's threats to destroy it, according to a copy of the letter published in an Australian newspaper on Friday.

Obama urges New Jersey voters to reject 'politics of division'

Top Reuters News - Thu, 10/19/2017 - 18:43
(Reuters) - Former President Barack Obama, back on the campaign trail on Thursday for the first time since he left the White House, urged voters in New Jersey to reject the "politics of division" by supporting Democrats in next month's state elections.

Bush takes veiled swipe at Trump, defends immigration and trade

Top Reuters News - Thu, 10/19/2017 - 18:19
(Reuters) - Former President George W. Bush decried "bullying and prejudice" while defending immigrants and trade on Thursday in a New York speech that appeared to be a sweeping, thinly veiled critique of President Donald Trump.

Los Angeles police investigating Harvey Weinstein in 2013 sexual assault allegation

Top Reuters News - Thu, 10/19/2017 - 18:12
LOS ANGELES (Reuters) - Los Angeles Police Department said on Thursday that it is investigating a 2013 sexual assault allegation against movie producer Harvey Weinstein.

Trump administration weighs tighter vetting for women, children refugees: sources

Top Reuters News - Thu, 10/19/2017 - 17:54
WASHINGTON/NEW YORK (Reuters) - The Trump administration is considering tightening the vetting process for women and children seeking to enter the United States as refugees, a proposal that if adopted would bring security checks closer to those for adult men, three sources with knowledge of the plan told Reuters.

Microsoft market cap hits $600 billion for first time since dot-com boom

MarketWatch Market Pulse - Thu, 10/19/2017 - 17:38

Microsoft Corp. closed Thursday with a market capitalization of $600 billion for the first time since 2000, just before the dot-com bubble burst, according to FactSet. The last time the stock touched $600 billion was Jan. 3, 2000. The return to a $600 billion valuation comes as the company has become a force in cloud computing under the leadership of Chief Executive Satya Nadella. Microsoft stock was up less than 1% after hours and closed up 0.4% to $77.91. The Redmond, Wash.-based company is up 25.4% this year, with the S&P 500 index up 14.4%. Microsoft is the third largest company by market capitalization, behind Alphabet Inc. and Apple Inc. , according to FactSet.

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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