Hospital stocks fall after Republican health bill seen leaving 24 million uninsured
(Reuters) – Shares of hospital stocks were sharply lower in early trading on Tuesday after the U.S. Congressional Budget Office forecast that 14 million Americans would lose medical insurance by next year under a Republican plan to dismantle Obamacare. Shares of HCA Holdings fell 1.8 percent, Tenet Healthcare fell... Read more
Trump expected to announce vehicle emissions rules review
By David Shepardson WASHINGTON (Reuters) – U.S. President Donald Trump is set to formally announce a review of vehicle fuel efficiency rules locked in at the end of the Obama administration when he meets with automaker chiefs this week, according to two sources briefed on the matter. Trump will... Read more
LinkedIn fails to agree with Russia on restoring access to site
MOSCOW, March 7 (Reuters) – LinkedIn Corp. has failed to reach an agreement with the Russian authorities to restore public access to the social networking website, the company and Russia’s communications regulator said on Tuesday. Russia blocked access to LinkedIn’s website last year after a court found the firm... Read more
Canada posts third straight monthly trade surplus
By David Ljunggren OTTAWA, March 7 (Reuters) – Canada posted a third consecutive monthly trade surplus in January, the first such stretch since 2014, in another signal that the economy is gaining momentum after slumping for more than two years due to low oil prices. Statistics Canada on Tuesday... Read more
H&M factory in Myanmar damaged in violent labor dispute
By Shwe Yee Saw Myint and Yimou Lee YANGON, March 7 (Reuters) – Workers demanding better conditions and benefits have destroyed the production line of a Chinese-owned factory making clothes for Swedish fashion retailer Hennes & Mauritz, in one of the most violent labor disputes in Myanmar in years.... Read more
Volkswagen to unveil self-driving car as part of post-dieselgate shift
GENEVA, March 6 (Reuters) – Volkswagen will show off a fully self-driving car at the Geneva auto show, as part of the German carmaker’s drive to be at the forefront of new technologies in the wake of its diesel emissions scandal. Europe’s biggest carmaker has said it will invest... Read more
Business & Technology News with Jake Clutchey – Feb. 28, 2017
Jake Clutchey gives you all the top business and technology news stories on Tuesday, February 28, 2017. Read more
Takata plea, compensation deal clears path to potential sale
By Joseph White DETROIT, Feb 27 (Reuters) – Japan’s Takata Corp removed a major obstacle to its potential sale or restructuring, pleading guilty on Monday in a U.S. federal court to a felony charge as part of a $1 billion settlement that included compensation funds for automakers and victims... Read more
Target’s profit outlook sinks retail stocks
By Richa Naidu and Nandita Bose Feb 28 (Reuters) – Target Corp shares plunged on Tuesday after executives issued a full-year profit forecast that fell well below analyst estimates and said the retailer would lower prices to compete with deep-discounting rivals. Target at its investor day conference vowed aggressive... Read more
Business & Technology News with Alyssa Croezen – Feb. 27, 2017
Alyssa Croezen gives you all the top business and technology news stories on Monday, February 27, 2017. Read more