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Wednesday, March 8, 2017
Watchdog to ask U.S. lawmakers to probe Icahn's role with Trump
(Reuters) - A government watchdog group, Public Citizen, said on Wednesday it will ask lawmakers to investigate whether billionaire investor Carl Icahn should have been subject to lobbying disclosure laws when he advised President Donald Trump to overhaul the U.S. biofuels program.
'It's like kumbaya:' Trump's genial private meetings with CEOs jar with public attacks
WASHINGTON (Reuters) - When the bosses of some of the world's largest pharmaceutical companies headed to Washington in January to meet U.S. President Donald Trump, it had all the makings of a potentially hostile meeting.
Futures flat as investors eye Friday's jobs report
(Reuters) - U.S. stock index futures were little changed on Wednesday as investors treaded carefully ahead of a crucial jobs report on Friday that could firm up the chances of an interest rate hike next week.
Elon Musk to join Trump Wednesday at infrastructure meeting: source
(Reuters) - Elon Musk, who heads Tesla Inc and Space X, will take part in a meeting with U.S. President Donald Trump and business leaders Wednesday on the administration's plans to boost infrastructure spending, a White House official told Reuters.
Exclusive: With India visit, Westinghouse CEO keeps nuclear project alive
NEW DELHI (Reuters) - A deal to build six Westinghouse nuclear reactors in India is still alive, but to be viable must be ring-fenced from a financial crisis at the U.S. reactor maker and its Japanese parent Toshiba Corp, people with direct knowledge of the matter told Reuters.
Fiat Chrysler's merger options dwindle as Volkswagen rejects overtures
GENEVA (Reuters) - Fiat Chrysler boss Sergio Marchionne's attempts to find a partner were frustrated for a second time in as many days on Wednesday, as Volkswagen (VW) joined General Motors (GM) in dismissing any interest in talks with their smaller rival.
Industry questions higher insurance costs under Republican plan
NEW YORK (Reuters) - The House Republican health insurance plan suggests health insurance after Obamacare will be less affordable, investors, insurers and industry sources said on Tuesday, raising questions about future enrollment and insurance company participation.
German court names lead plaintiff in Volkswagen diesel test case
FRANKFURT (Reuters) - A German court named Frankfurt-based Deka Investment on Wednesday as lead plaintiff for 1,470 damages claims against Volkswagen totaling 1.9 billion euros ($2 billion).
Fed to make sequential hikes until 'something breaks': Gundlach
NEW YORK (Reuters) - Jeffrey Gundlach, chief executive officer at DoubleLine Capital, said on Tuesday he expects the Federal Reserve to begin a campaign this month of "old school" sequential interest rate hikes until "something breaks," such as a U.S. recession.
PepsiCo bidding for Brazilian dairy company Vigor: newspapers
SAO PAULO (Reuters) - PepsiCo Inc has bid to acquire Brazilian dairy company Fábrica de Produtos Alimentícios Vigor SA, according to reports published in two Brazilian newspapers on Wednesday.
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