Reuters - Business Today

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Tuesday, September 12, 2017

Apple set to unveil anniversary iPhone in major product launch

CUPERTINO, Calif. (Reuters) - A decade after then-CEO Steve Jobs unveiled the first iPhone, Apple Inc on Tuesday is set to introduce a completely redesigned top-of-the-line iPhone along with two other new phones, as well as a big upgrade to the Apple Watch and a higher-definition Apple TV.

Futures higher as Irma weakens further; Apple in focus

(Reuters) - U.S. stock index futures were slightly higher on Tuesday as Irma weakened further into a post-tropical cyclone and investors awaited the highly anticipated launch of the new iPhone.

DowDuPont alters post-merger breakup plan

(Reuters) - DowDuPont, which was formed when chemical giants Dow Chemical and DuPont merged earlier this month, said on Tuesday it was making changes to its initial plans of how it would split up the company post merger.

Goldman fixed-income trading to stay challenged in third quarter: Schwartz

(Reuters) - Goldman Sachs Group Inc President Harvey Schwartz said on Tuesday conditions for fixed-income trading have not improved much since the beginning of the year.

BlackRock reshuffles top regional, business unit executives

NEW YORK (Reuters) - BlackRock Inc, the world's largest asset manager, is reshuffling some of its top regional executives and placing new leadership at the head of its lucrative alternatives business, according to a memo on Tuesday.

Exclusive: Toshiba favors Bain group for chip sale; Western Digital talks stall - sources

Tokyo (Reuters) - Toshiba Corp now favors a group led by Bain Capital LP and SK Hynix Inc to buy its prized semiconductor business, as it failed to bridge key gaps with its business partner and rival bidder Western Digital Corp , two people briefed on the matter said on Tuesday.

Samsung says Galaxy Note 8 pre-orders highest among Note series

SEOUL (Reuters) - Samsung Electronics Co Ltd on Tuesday said pre-orders for its Galaxy Note 8 premium smartphone have hit the highest-ever for the Note series, beating its predecessor Note 7 over five days by about 2.5 times.

Britain toughens stance on Murdoch's bid for Sky

LONDON (Reuters) - The British government toughened its stance on Rupert Murdoch's $15 billion takeover of Sky , sending shares in the pay-TV group down sharply on fears it would take longer, and be more difficult, to complete.

British, Canadian PMs set for talks on Bombardier-Boeing spat

ST. JOHN'S, Newfoundland (Reuters) - The leaders of Britain and Canada are set for talks next week on a crisis between Boeing Co and its Canadian rival Bombardier that could have major political implications for both countries, a source close to the matter said on Tuesday.

Wells Fargo sees third-quarter lending slower in autos, commercial real estate

(Reuters) - Wells Fargo & Co third quarter lending will be slowed by reduced lending in autos, commercial real estate and the runoff of its junior lien mortgage portfolio, according to a company presentation Tuesday.