Reuters - Daily Investor Update

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Tuesday, January 23, 2018

United Airlines reports higher fourth-quarter profit

NEW YORK (Reuters) - United Continental Holdings Inc on Tuesday reported a higher quarterly profit, helped by higher fares and more last-minute ticket purchases.

NAFTA negotiators open key round of talks; Trump cites progress

MONTREAL (Reuters) - U.S., Canadian and Mexican officials opened a key round of negotiations to modernize NAFTA on Tuesday as President Donald Trump, who has regularly threatened to quit the trade pact, said the talks were going "pretty well."

Canada working hard to convince Trump on NAFTA: Trudeau

DAVOS, Switzerland (Reuters) - Canadian Prime Minister Justin Trudeau said on Tuesday Canada was working hard to convince U.S. President Donald Trump that the NAFTA trade agreement was in the interest of the United States as well as other countries.

Facebook buys Boston software company that authenticates IDs: source

NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc is buying Boston-based software company Confirm Inc, which specializes in authenticating government-issued identification cards, a person familiar with the acquisition said on Tuesday.

JPMorgan rolls out $20 billion investment plan after tax gains

(Reuters) - JPMorgan Chase & Co unveiled a $20 billion investment plan on Tuesday to hike wages, hire more, open new branches and expand its business as it takes advantage of sweeping changes to the U.S. tax law and a more favorable regulatory environment.

Apple launches HomePod voice speaker, takes on Google, Amazon

(Reuters) - After missing the critical holiday shopping season, Apple Inc has jumped into the voice speaker wars with the HomePod smart speaker, a device that will use its Siri voice assistant and compete against offerings from Amazon.com Inc and Alphabet Inc's Google.

Netflix lifts S&P, Nasdaq; J&J, Procter hold Dow in check

NEW YORK (Reuters) - U.S. stocks advanced on Tuesday, as strong results from Netflix helped lift the S&P and Nasdaq Composite, but the Dow Industrials were hemmed in by declines in Johnson & Johnson and Procter & Gamble.

Texas Instruments' profit dips 67 percent on tax expense

(Reuters) - Chipmaker Texas Instruments Inc's fourth-quarter profit slumped about 67 percent due to tax-related expenses resulting from new U.S. tax laws.

Aetna is fined by New York for leaking members' HIV status

NEW YORK (Reuters) - Aetna Inc will pay a $1.15 million civil fine and improve its privacy practices to settle charges that it leaked the HIV-positive status of 2,460 New York members in a mailing where it used envelopes with large transparent windows.

Qualcomm set to be fined by EU antitrust regulators: FT

(Reuters) - The European Union is set to fine U.S. chipmaker Qualcomm Inc for taking advantage of its dominance when it paid Apple Inc to use its chips exclusively in Apple mobile devices, The Financial Times reported on Tuesday.