Reuters - Daily Investor Update

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Tuesday, November 21, 2017

HP Enterprise CEO Meg Whitman steps down

(Reuters) - Hewlett Packard Enterprise Co said on Tuesday that Meg Whitman was stepping down as chief executive officer.

Trump says AT&T plan to buy Time Warner 'not a good deal'

(Reuters) - U.S. President Donald Trump on Tuesday stood by his criticism of pay TV and wireless company AT&T's deal to buy movie and TV show maker Time Warner Inc, which the Justice Department has sued to stop.

Disney animation executive Lasseter takes leave after 'missteps': memo

(Reuters) - Walt Disney Co animation executive John Lasseter told company staff on Tuesday he was taking a six-month leave of absence following what he called "missteps," including unwanted hugs that made employees uncomfortable, according to a memo seen by Reuters.

Tech gains lead Wall St. to record

NEW YORK (Reuters) - U.S. stocks jumped and the S&P 500 closed at a record high for the first time in about two weeks on Tuesday, led by gains in this year's top-performing technology sector.

AT&T lawyer says U.S. effort to stop Time Warner deal 'foolish': CNBC

(Reuters) - The U.S. Department of Justice's move to block AT&T Inc's $85.4 billion acquisition of Time Warner Inc was "foolish" because the deal posed no threat to consumers, the wireless carrier's trial lawyer Dan Petrocelli told CNBC on Tuesday.

New judge assigned to U.S. lawsuit against AT&T-Time Warner deal

WASHINGTON (Reuters) - The U.S. Department of Justice's lawsuit aimed at stopping AT&T Inc from buying movie and TV show provider Time Warner Inc will be heard by District Court Judge Richard Leon, according to a court filing on Tuesday.

Amsterdam, Paris win post-Brexit EU agencies in lucky dip

BRUSSELS (Reuters) - Amsterdam and Paris won the right to host two EU agencies that must leave London because of Brexit after an extraordinary ministerial meeting in Brussels that left both results decided by drawing lots from a fishbowl.

NAFTA round wrapping up, 'significant differences' remain

MEXICO CITY (Reuters) - The United States, Mexico and Canada were wrapping up a fifth round of talks to update NAFTA on Tuesday with major differences yet to be resolved, casting doubt on whether a deal could be reached by the end of March 2018 as planned.

FCC head proposes review of U.S. TV station ownership cap

WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission on Tuesday asked the agency to review rules capping television station ownership, a move that could speed consolidation in the industry.

Mexico proposed that NAFTA allow for a review every 5 yrs-sources

MEXICO CITY (Reuters) - Mexico formally proposed that the NAFTA trade deal allow for a structured review of the accord every 5 years, instead of terminating the deal automatically if it is not renegotiated, as the United States has demanded, three Mexican officials said on Tuesday.