Monthly Archives: January 2018

Goodell, President Trump remain at odds over player protests

January 31, 2018 By Steve Keating MINNEAPOLIS (Reuters) – National Football League commissioner Roger Goodell and President Donald Trump remained on a collision course after both men conceded no ground on the issue of players kneeling in protest at racial … Continue reading

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Treasury plans bigger debt auctions, warns on debt limit

January 31, 2018 WASHINGTON (Reuters) – The U.S. Treasury said on Wednesday it planned to hold larger debt auctions because of the winding down of the Federal Reserve’s bond-buying program, but warned it would only be able to pay all … Continue reading

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Reuters reporters arrested in Myanmar due to appear in court

January 31, 2018 YANGON (Reuters) – Two Reuters journalists accused of violating Myanmar’s colonial-era Official Secrets Act are due in court on Thursday as the prosecution presents more witnesses, while a defense lawyer has said the judge will rule on … Continue reading

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Qualcomm earnings top estimates on surge in modem chip sales

January 31, 2018 (Reuters) – Chipmaker Qualcomm Inc’s <QCOM.O> earnings and revenue exceeded Wall Street forecasts for the first fiscal quarter as demand surged for its chips used in smartphones and cars, making up for a fall in licensing revenue. … Continue reading

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Microsoft takes big tax charge, stock falls

January 31, 2018 By Salvador Rodriguez and Pushkala Aripaka (Reuters) – Microsoft Corp <MSFT.O> beat Wall Street’s profit forecast on Tuesday, helped by growth in its cloud computing business, but took a $13.8 billion one-time charge due to the new … Continue reading

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What’s Zelle? Banks hope commercials get customers to notice the app

January 31, 2018 By David Henry NEW YORK (Reuters) – Big U.S. banks are spending millions of dollars to promote Zelle, their digital payment service, by running commercials on major sports games and entertainment shows, as well as a YouTube … Continue reading

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AT&T quarterly profit tops estimates, shares rise

January 31, 2018 NEW YORK (Reuters) – AT&T Inc <T.N> said on Wednesday that quarterly profit beat Wall Street analyst estimates, helped by impacts from tax cuts and wireless subscriber additions. Net income attributable to AT&T was $19.0 billion, or … Continue reading

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Symantec’s revenue jumps 16 percent

January 31, 2018 (Reuters) – Symantec Corp’s <SYMC.O> quarterly revenue rose 16 percent, helped by strong demand for its cyber-security software. The maker of Norton antivirus said on Wednesday its net income rose to $1.34 billion or $2.01 per share … Continue reading

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Nasdaq quarterly profit tops views, keeps focus on tech

January 31, 2018 By John McCrank (Reuters) – Nasdaq Inc <NDAQ.O> on Wednesday posted a higher-than-expected fourth-quarter profit, helped by a rise in revenues from non-trading related businesses, which the transatlantic exchange operator has made a bigger part of its … Continue reading

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CBS board to discuss potential Viacom merger on Thursday: sources

January 31, 2018 (Reuters) – CBS Corp’s <CBS.N> board is expected to discuss a merger with Viacom Inc <VIAB.O> on Thursday, sources told Reuters, a move that could begin a formal process to reunite the companies split by controlling shareholder … Continue reading

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