Reuters - Before the Bell

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Monday, May 1, 2017

Dish's profit falls on bigger-than-expected subscriber loss

(Reuters) - Dish Network Corp reported a 6 percent drop in quarterly profit on Monday as the U.S. satellite TV provider lost more pay-TV subscribers than expected.

Trump could target 'carried interest' tax loophole: official

WASHINGTON (Reuters) - The Trump administration's push to overhaul tax laws might soon target a loophole used by some financial managers to lower their tax rates, White House Chief of Staff Reince Priebus said on Sunday.

Asian equities edge up as Japan outperforms, dollar regains traction

TOKYO (Reuters) - Asian stocks shook off a sluggish start and edged up on Monday, with Japan outperforming on upbeat earnings, while the dollar regained traction as the U.S. government looked likely to avoid a shutdown.

U.S. to probe Japanese, German automakers over alleged patent violations

TOKYO (Reuters) - The United States will begin an investigation into whether thermoplastic components used in some Japanese and German vehicle models sold in the country violate its patent laws, trade authorities said late last week.

Next battleground: An aging Great Lakes pipeline stirs new protest

CALGARY, Alberta (Reuters) - The growing protest movement against U.S. oil and gas pipelines has so far focused on stopping or delaying new construction, with some high-profile successes.

Surging Chevron, Exxon profits signal oil industry turnaround

HOUSTON (Reuters) - Rising crude prices helped Chevron Corp and Exxon Mobil Corp easily beat analysts' quarterly profit expectations on Friday, setting an upbeat tone as the two companies press ahead with shale oil expansions.

Twenty-First Century Fox in talks with Blackstone to buy Tribune

NEW YORK (Reuters) - Twenty-First Century Fox Inc is in talks with Blackstone Group LP about submitting an offer to buy Tribune Media Co , one of the largest U.S. television station operators, sources familiar with the matter said on Sunday.

Japan final April PMI shows manufacturing activity accelerating, export orders solid

TOKYO, (Reuters) - - Japanese manufacturing activity expanded at a stronger pace in April than the previous month as export orders increased, a revised survey showed on Monday, suggesting firms' output remains on track to rise thanks to overseas demand.

UPS air maintenance workers threaten strike ahead of shareholders meeting

(Reuters) - A union representing 1,200 U.S. air maintenance workers at United Parcel Service Inc turned up pressure on the company on Sunday to settle a three-year contract dispute, saying it would seek clearance to strike.

Off target in 2016, global elite regroup at Milken conference

BEVERLY HILLS, Calif. (Reuters) - Titans of U.S. industry and Wall Street gather in Beverly Hills this week to discuss how to navigate - and profit from - hot topics such as U.S. tax reform, the upcoming French election and Chinese economic growth.