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Wall Street drops as healthcare slides, oil climbs

Mon, 04/30/2018 - 3:04pm
NEW YORK (Reuters) - Wall Street fell on Monday as healthcare stocks slid and rising oil prices and a looming deadline for exemptions to U.S. steel and aluminum tariffs weighed on investor sentiment.

Stormy Daniels sues Donald Trump for defamation over 'con job' tweet

Mon, 04/30/2018 - 2:49pm
NEW YORK (Reuters) - Adult film actress Stormy Daniels on Monday sued U.S. President Donald Trump for defamation, saying he lied by tweeting that her claim of being threatened if she discussed an alleged sexual encounter with him was a "total con job."

Central American migrants from Mexico 'caravan' camp out on U.S. border

Mon, 04/30/2018 - 2:10pm
TIJUANA, Mexico (Reuters) - About 150 Central Americans from a "caravan" of migrants in Mexico were camped out early on Monday at the U.S. border, some trapped inside a port of entry between the two countries, as officials barred them from stepping foot on U.S. soil.

Sainsbury's to top Britain's Tesco with $10 billion swoop on Walmart's Asda

Mon, 04/30/2018 - 12:33pm
LONDON (Reuters) - Sainsbury's is to buy Walmart's Asda for around 7.3 billion pounds ($10 billion) in a bold attempt to overtake long-time leader Tesco as Britain's biggest supermarket group by market share.

McDonald's serves up quarterly beat on higher global sales, U.S. spending

Mon, 04/30/2018 - 12:17pm
(Reuters) - McDonald's Corp blew past analysts' forecasts for profit and revenue on Monday, helped by higher sales in overseas markets and as U.S. customers spent more at its outlets.

Wall Street edges higher on strong McDonald's earnings, health drags

Mon, 04/30/2018 - 11:10am
(Reuters) - U.S. stocks rose on Monday as strong earnings reports from McDonald's and a slate of merger announcements lifted sentiment, while inflation worries were kept in check after tepid data on U.S. income and spending.

U.S. annual inflation measures jump; consumer spending rises

Mon, 04/30/2018 - 10:53am
WASHINGTON (Reuters) - U.S. consumer prices accelerated in the year to March, with a measure of underlying inflation surging to near the Federal Reserve's 2 percent target as weak readings from last year dropped out of the calculation.

Marathon to become top U.S. refiner with $23 billion Andeavor buy

Mon, 04/30/2018 - 10:26am
(Reuters) - Marathon Petroleum Corp agreed to buy rival Andeavor for more than $23 billion in the largest-ever tie-up between U.S. refiners, giving the combined company a nationwide presence and increased access to growing export markets.

Wall Street rises on strong earnings, M&A boost

Mon, 04/30/2018 - 9:30am
(Reuters) - U.S. stocks rose on Monday as strong earnings reports from McDonald's and a slate of merger announcements lifted sentiment, while inflation worries were kept in check after tepid data on U.S. income and spending.

Gourmet burgers, global sales drive McDonald's results beat

Mon, 04/30/2018 - 8:41am
(Reuters) - McDonald's Corp reported first quarter results that topped analysts' forecast on Monday, helped by strength in international markets and U.S. consumers opting for more expensive burgers over value meals.

U.S. annual inflation measures jump; consumer spending picks up

Mon, 04/30/2018 - 8:10am
WASHINGTON (Reuters) - U.S. consumer prices accelerated in the year to March, with a measure of underlying inflation surging to near the Federal Reserve's 2 percent target as last year's weak readings dropped out of the calculation.

Sainsbury's in $10 billion swoop on Asda to create top UK supermarket

Mon, 04/30/2018 - 6:25am
LONDON (Reuters) - Sainsbury's has agreed to buy Walmart's Asda for about 7.3 billion pounds ($10 billion) to create Britain's biggest supermarket group by market share, overtaking long-standing industry leader Tesco.

Exclusive: Democrats lose ground with millennials - Reuters/Ipsos poll

Mon, 04/30/2018 - 6:13am
MANCHESTER, N.H. (Reuters) - Enthusiasm for the Democratic Party is waning among young voters - so-called millennials - as its candidates head into the crucial midterm congressional elections, according to the Reuters/Ipsos national opinion poll.

Exclusive: U.S. EPA grants biofuels waiver to billionaire Icahn's oil refinery - sources

Mon, 04/30/2018 - 6:07am
NEW YORK (Reuters) - The U.S. Environmental Protection Agency has granted a financial hardship waiver to an oil refinery owned by billionaire Carl Icahn, a former adviser to President Donald Trump, exempting the Oklahoma facility from requirements under a federal biofuels law, according to two industry sources briefed on the matter.

Iran leader: U.S. pushes Riyadh to confront Tehran, stirs crisis

Mon, 04/30/2018 - 5:33am
ANKARA (Reuters) - Iran's supreme leader on Monday hit out at the United States a day after new Secretary of State Mike Pompeo visited Riyadh, accusing Washington of trying to stoke a "regional crisis" by provoking its ally Saudi Arabia to confront Tehran.

Marathon Petroleum to buy Andeavor for $23 billion

Mon, 04/30/2018 - 5:15am
(Reuters) - Marathon Petroleum Corp said on Monday it would buy rival Andeavor for more than $23 billion to form a company that would leapfrog Valero Energy Corp as the largest U.S. refiner by capacity.

World stocks set for positive April as big ticket M&As return

Mon, 04/30/2018 - 5:08am
SYDNEY (Reuters) - World stocks are set to notch up a positive month for the first time since January, as a slew of positive earnings from U.S. technology firms and marquee M&A deals help soothe memories of February tremors.

South Korean trust in North jumps after feel-good summit

Mon, 04/30/2018 - 5:08am
SEOUL (Reuters) - South Korean trust in North Korea has surged since last week's feel-good summit at which their leaders declared an end to hostilities and to work towards denuclearization of the peninsula.

Iran says U.S.-Saudi cooperation to destabilize Mideast: state TV

Mon, 04/30/2018 - 2:55am
ANKARA (Reuters) - Iran said on Monday cooperation between Saudi Arabia and the United States will further destabilize the Middle East, a senior official said, adding that Tehran will continue its presence in the region despite Washington's pressure to limit its influence.

Syrian army renews push on besieged areas

Mon, 04/30/2018 - 2:44am
BEIRUT (Reuters) - The Syrian army began an intense bombardment of a rebel enclave near Homs on Monday, a war monitor said, as President Bashar al-Assad pushed to recapture all the remaining areas his forces have besieged.

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