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Updated: 1 hour 29 min ago

As Republican tax vote nears, more senators waver

Thu, 12/14/2017 - 2:52pm
WASHINGTON (Reuters) - President Donald Trump's drive to win passage of a sweeping Republican tax bill in the U.S. Congress hit potential obstacles on Thursday as two more Republican senators insisted on changes, joining a list of lawmakers whose support is uncertain.

Homegrown attacks rising worry in U.S. as Islamic State weakens abroad

Thu, 12/14/2017 - 2:49pm
NEW YORK (Reuters) - The online video's message was clear: Supporters of Islamic State who could not travel overseas to join the militant group should carry out attacks wherever they were in the United States or Europe.

U.S. regulators ditch net neutrality rules as legal battles loom

Thu, 12/14/2017 - 2:48pm
WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.

Fund managers seek stocks benefiting from Democratic gains in 2018 U.S. elections

Thu, 12/14/2017 - 2:28pm
NEW YORK (Reuters) - The surprise victory by Democrats in Tuesday's Alabama election for a U.S. senator is prompting fund managers to prepare for more losses by the Republican party in the 2018 mid-term Congressional elections.

Documentarian Morgan Spurlock says he engaged in sexual misconduct

Thu, 12/14/2017 - 1:58pm
LOS ANGELES (Reuters) - Award-winning U.S. documentary maker Morgan Spurlock wrote on Twitter late on Wednesday that he has engaged in sexual misconduct, saying, "I am part of the problem."

Disney buying Fox film, TV units for $52 billion in digital push

Thu, 12/14/2017 - 1:42pm
(Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world's largest entertainment company an arsenal of shows and movies to combat growing digital rivals Netflix Inc and Inc.

'Bad news for our enemies': EU launches defense pact

Thu, 12/14/2017 - 12:35pm
BRUSSELS (Reuters) - European Union nations, now unfettered by Britain's decision to quit, achieved a 70-year-old ambition on Thursday to integrate their defenses, launching a pact between 25 EU governments to fund, develop and deploy armed forces together.

Seven decades in the making, a defense pact comes to the EU

Thu, 12/14/2017 - 11:33am
BRUSSELS (Reuters) - European Union nations are set to achieve a 70-year-old ambition to integrate their defenses on Thursday, signing a pact between 25 EU governments to fund, develop and deploy armed forces together after Britain's decision to quit the bloc.

World shares little changed amid slate of central bank meetings

Thu, 12/14/2017 - 11:01am
NEW YORK (Reuters) - World stock markets were little changed on Thursday after policy meetings from major central banks in Europe, while some U.S. shares were buoyed by news that the Republicans' tax legislation could face final votes in Congress before year-end.

Arms supplied by U.S., Saudi ended up with Islamic State, researchers say

Thu, 12/14/2017 - 10:23am
BAGHDAD (Reuters) - Arms provided by the United States and Saudi Arabia to Syrian opposition groups frequently ended up in the hands of Islamic State, an arms monitoring group that analyzed weapons found on the battlefield said on Thursday.

Saudi hopes purge will help push to join anti-illicit funding body

Thu, 12/14/2017 - 10:10am
DUBAI (Reuters) - Saudi Arabia has high hopes that a campaign of arrests to crack down on corruption will improve its chances of joining the Financial Action Task Force, a global body dedicated to combating illicit money flows.

U.S. retail sales surge; weekly jobless claims fall

Thu, 12/14/2017 - 8:47am
WASHINGTON (Reuters) - U.S. retail sales increased more than expected in November as the holiday shopping season got off to a brisk start, pointing to sustained strength in the economy that could pave the way for further Federal Reserve interest rate hikes next year.

Alabama Senate race winner urges Republican rival to 'move on'

Thu, 12/14/2017 - 8:40am
WASHINGTON (Reuters) - Alabama Democrat Doug Jones, who won a bitter fight for a U.S. Senate seat this week, called on his Republican opponent to concede the race and help heal the Southern state after a deeply divisive contest.

Google Brain co-founder teams with Foxconn to bring AI to factories

Thu, 12/14/2017 - 8:22am
(Reuters) - Andrew Ng, co-founder of some of Alphabet Inc -owned Google's most prominent artificial intelligence projects, on Thursday launches a new venture with iPhone assembler Foxconn to bring AI and so-called machine learning onto the factory floor.

China says war must not be allowed on Korean peninsula

Thu, 12/14/2017 - 7:55am
BEIJING (Reuters) - War must not be allowed to break out on the Korean peninsula and the issue must be resolved through talks, Chinese President Xi Jinping said on Thursday, while U.N. Secretary-General Antonio Guterres warned of the danger of "sleepwalking" into conflict.

Global stocks edge up amid central bank bonanza

Thu, 12/14/2017 - 7:41am
LONDON (Reuters) - World shares eked out modest gains on Thursday as cautious comments on inflation from the U.S. Federal Reserve gave investors pause on a day packed with central bank decisions in Europe.

Do not expect postcard-sized tax return from Republican plan: experts

Thu, 12/14/2017 - 7:23am
WASHINGTON (Reuters) - Since mid-2016, U.S. House Speaker Paul Ryan has carried around a "postcard" that he has said shows how easy it will be for Americans to file their taxes once Republicans are finished their tax overhaul.

With no deal on children's health plan, U.S. states scramble for Plan B

Thu, 12/14/2017 - 7:22am
NEW YORK/WASHINGTON (Reuters) - For Nancy Minoui of Portland, Oregon, and Crystal Lett of Dublin, Ohio, Congress' failure to fund the Children's Health Insurance Program is not some distant tale of political wrangling.

Russia's Putin, on track for easy re-election, laments dearth of rivals

Thu, 12/14/2017 - 5:53am
MOSCOW (Reuters) - Russian President Vladimir Putin said on Thursday he faced no credible high-profile political opponents as he prepared to run for re-election in March, but would work to try to create a more balanced political system.

Norwegian Air ramps up transatlantic fare war with four new routes

Thu, 12/14/2017 - 5:29am
NEW YORK (Reuters) - Norwegian Air Shuttle ASA will start flying four new routes between the United States and Europe, the budget carrier said on Thursday, rapidly expanding its low-cost transatlantic flights and increasing pressure on established carriers.