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Friday, March 17, 2017

Wall Street set to open flat as investors seek new catalysts

(Reuters) - U.S. stocks looked set to open little changed on Friday as investors sought fresh cues to place their bets after the Federal Reserve raised interest rates for the first time this year.

Missing from Trump's grand Navy plan: skilled workers to build the fleet

WASHINGTON (Reuters) - U.S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the U.S. Navy. But interviews with ship-builders, unions and a review of public and internal documents show major obstacles to that plan.

Japan not considering support for Toshiba, sharing information with U.S.

TOKYO (Reuters) - The Japanese government said it was not considering steps to support embattled Toshiba Corp and will share information with Washington on developments involving the firm and its U.S. nuclear unit Westinghouse.

Last RBS investor group held settlement talks over 2008 cash call : sources

LONDON (Reuters) - Lawyers representing tens of thousands of Royal Bank of Scotland shareholders have held tentative talks to settle a 1.2 billion pound ($1.5 billion) damages claim over the lender's 2008 rights issue that was launched shortly before a state bailout, two sources said.

Exclusive: China's LeEco, Tesla wannabe, to sell Silicon Valley site amid cash crunch - sources

HONG KONG (Reuters) - Chinese technology conglomerate LeEco is looking to sell a 49-acre U.S. Silicon Valley property less than a year after buying it from Yahoo Inc, sources said, in what is the latest effort by the firm to ride out a cash crunch.

EU authorities demand changes from Facebook, Google, Twitter

BRUSSELS (Reuters) - Social media companies Facebook Inc, Alphabet Inc and Twitter Inc will have to amend their terms of service for European users within a month or face the risk of fines, a European Commission official said on Friday.

Chipotle says a third of its board will not stand for re-election

(Reuters) - Chipotle Mexican Grill Inc , which has been under pressure from activist shareholder Bill Ackman, said on Friday four of its 12 directors would not stand for re-election to the burrito chain's board at its upcoming shareholder meeting.

Jeweler Tiffany's profit beats on strong demand in Japan, China

(Reuters) - Tiffany & Co reported better-than-expected fourth-quarter profit, helped by strong demand for its jewelry in Japan and China as well as price hikes and lower costs.

South Korea court reassigns Samsung chief's case amid questions about judge's connections

SEOUL (Reuters) - A South Korean court said on Friday it has reassigned Samsung Group chief Jay Y. Lee's bribery trial to another judge, following questions about the previous judge's connection to a woman Lee is accused of bribing.

Airbus says French probe shows firm's compliance working

NEW DELHI (Reuters) - Airbus Chief Executive Tom Enders said on Friday he was not surprised by a French decision to investigate Airbus plane sales and said the firm had shown the effectiveness of its compliance rules by uncovering irregularities.