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Audi ordered to recall 127,000 vehicles over emissions -paper

reuters.com - Business News - 2 hours 54 min ago
FRANKFURT (Reuters) - Germany's KBA automotive watchdog has detected illicit emission-control software in Audi's latest Euro-6 diesel models and has ordered a recall of 127,000 vehicles, Bild am Sonntag reported.
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Saudi energy minister urges oil producers to extend cooperation beyond 2018

reuters.com - Business News - 5 hours 46 min ago
MUSCAT (Reuters) - Saudi Arabia's energy minister urged global oil producing nations on Sunday to extend their cooperation beyond 2018, but said this might mean a new form of deal rather than continuing the same supply cuts that have boosted prices in recent months.
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SoFi in talks with top Twitter exec about CEO position: WSJ

reuters.com - Business News - 12 hours 7 min ago
(Reuters) - Social Finance Inc (SoFi) is in discussions with Anthony Noto, a top Twitter Inc executive, to become the online lender's chief executive, the Wall Street Journal reported on Saturday, citing sources.
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White House says President Trump in regular contact Saturday with Hill Republicans over funding

MarketWatch.com - MarketPulse - Sat, 2018-01-20 19:36

President Trump remains in regular contact so far on Saturday with congressional Republicans, including several conversations with Senate Majority Leader Mitch McConnell and a discussion with House Speaker Paul Ryan, White House press secretary Sarah Huckabee Sanders said in a statement. She said Trump will not negotiate on immigration until the Democrats "stop playing games and reopen the government." Lack of a funding bill agreement overnight pushed the U.S. into its first government shutdown since 2013. Both chambers reconvened Saturday afternoon. Trump, who is marking the one-year anniversary of his inauguration on Saturday, had so far postponed a trip to his Florida resort Mar-a-Lago, where supporters are meeting for a $100,000-a-couple fundraising gala. CNN reports the party will go on even if the president remains in Washington as he has pledged to do until a funding agreement can be reached.

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ADM pursues big ag merger with grain trader Bunge: source

reuters.com - Business News - Sat, 2018-01-20 19:36
CHICAGO/CALGARY, Alberta (Reuters) - Top U.S. grain merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , according to a person familiar with the approach, which could set up a bidding war with Swiss-based rival Glencore Plc .
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Deutsche Telekom expects steady dividend hikes: paper

reuters.com - Business News - Sat, 2018-01-20 17:19
FRANKFURT (Reuters) - Deutsche Telekom will keep to its promise of hiking dividends in 2018 and the years thereafter, its Chief Financial Officer Thomas Dannenfeldt told German daily Boersen-Zeitung.
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China's Dalian Wanda Group says 2017 revenue down 10.8 percent

reuters.com - Business News - Sat, 2018-01-20 13:26
HONG KONG (Reuters) - Chinese conglomerate Dalian Wanda Group said on Saturday its revenue dropped for a second consecutive year, by 10.8 percent in 2017, as the group sold off property assets and faced increasing scrutiny from regulators and lenders.
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Twitter to notify users exposed to Russian propaganda during U.S. elections

reuters.com - Business News - Sat, 2018-01-20 09:13
(Reuters) - Twitter Inc , which is reviewing Russian interference during the 2016 U.S. elections, said on Friday it would notify some of its users whether they were exposed to content generated by a suspected Russian propaganda service.
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Possible Buffett heir Abel has small Berkshire stake, likely to grow

reuters.com - Business News - Sat, 2018-01-20 03:25
(Reuters) - Greg Abel, considered by many investors the top contender to succeed Warren Buffett as Berkshire Hathaway Inc's chief executive officer, on Friday reported owning about $2.1 million of the conglomerate's stock.
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Senate sets 10 p.m. Eastern vote on bill to avert shutdown

MarketWatch.com - MarketPulse - Sat, 2018-01-20 02:20

The Senate will take a vote at about 10 p.m. Eastern on a House-passed bill to keep the government open through Feb. 16. Without a new funding bill the federal government would partially shut down at midnight for the first time since 2013. It's unclear if the bill will be able to pass in the Senate, where Republicans control 51 votes.

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ADM pursues big ag merger with grain trader Bunge: WSJ

reuters.com - Business News - Sat, 2018-01-20 01:52
CHICAGO/CALGARY, Alberta (Reuters) - Top U.S. grains merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore Plc .
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Venezuela's woes poised to hit U.S. oilfield service firms' earnings

reuters.com - Business News - Sat, 2018-01-20 01:02
HOUSTON (Reuters) - U.S. oilfield service companies exposed to Venezuela face new hits to earnings from the South American nation's ongoing economic turmoil and U.S. sanctions on the country and state-run oil company PDVSA.
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Twitter: Hundreds of thousands of Americans interacted with Russian bot accounts during election

MarketWatch.com - MarketPulse - Sat, 2018-01-20 00:32

In a blog post released Friday afternoon, Twitter Inc. provided updated information on the use of its platform by a Russian government-linked group to spread misinformation during the 2016 U.S. presidential election. Twitter said that it would email more than 677,000 U.S. users of its social-media platform to inform them that they had interacted with accounts now linked to the Internet Research Agency. Twitter said it had identified 3,814 accounts--1,062 more than previously reported--linked to the IRA that sent more than 175,000 tweets in the ten weeks leading up to the election. In addition, Twitter said it had identified more than 50,000 automated accounts used to spread the information. "Any such activity represents a challenge to democratic societies everywhere, and we're committed to continuing to work on this important issue," the company said. Twitter said it would improve machine-learning capabilities to detect and deal with such accounts, limit some abilities within Tweetdeck and on Twitter's API to combat the spread of misinformation, and work with politicians to ensure more trustworthy information in this year's mid-term elections. Twitter stock fell about 0.3% in after-hours trading.

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Apple moves closer to smart speaker launch, FCC filing suggests

MarketWatch.com - MarketPulse - Sat, 2018-01-20 00:29

Apple Inc. has filed new documents with the Federal Communications Commission that suggest its HomePod speaker launch may be approaching. Made public Friday, the documents include a diagram of the bottom of a "wireless speaker" that includes the location of an FCC label required on such devices and a series of reports about the radio emissions dated Nov. 8, 2017. Apple stock is up a fraction to $178.56 in late trading. Already a late entrant, behind tech titans such as Amazon.com Inc. and Alphabet Inc. [s:goog], Apple delayed its smart speaker launch in November, and said it would ship in early 2018. Apple stock is up 49% in the last 12 months, as the S&P 500 index has gained 24%. The Dow Jones Industrial Average , of which Apple is a component, gained 32% in the past 12 months.

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Trump calls for 4-week funding extension with shutdown hours away

MarketWatch.com - MarketPulse - Sat, 2018-01-20 00:23

President Donald Trump called for a 4-week funding extension just hours ahead of a partial government shutdown. Trump said in a tweet late Friday he'd had an "excellent preliminary meeting" with Senate Minority Leader Charles Schumer and that they were working on solutions for security and the military. Without a deal before midnight the government would shut down for the first time since 2013.

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FTC makes second request on Broadcom's bid for Qualcomm

reuters.com - Business News - Sat, 2018-01-20 00:18
(Reuters) - The U.S. Federal Trade Commission has made a second request for information on chipmaker Broadcom Ltd's $103 billion hostile bid for Qualcomm Inc , Broadcom said in a statement on Friday, a move that could indicate heightened antitrust scrutiny.
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McDonald's 'joint employment' trial delayed amid settlement talks

reuters.com - Business News - Sat, 2018-01-20 00:06
(Reuters) - McDonald's Corp and a U.S. labor board are in talks to settle a case claiming the fast food company is liable for purported labor law violations by its franchisees, leading a judge on Friday to pause a longrunning trial.
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ADM has made takeover approach to Bunge: WSJ

reuters.com - Business News - Sat, 2018-01-20 00:04
(Reuters) - Agricultural processing and trading company Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore Plc .
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Parent company of 7-Eleven agrees to divest some U.S. stores in Sunoco deal

reuters.com - Business News - Sat, 2018-01-20 00:01
WASHINGTON (Reuters) - Seven & i Holdings Co Ltd , the Tokyo-based parent company of the 7-Eleven network of stores, agreed to sell and divest some fuel outlets in its proposed $3.3 billion acquisition of 1,100 Sunoco LP outlets, the U.S. Federal Trade Commission said Friday.
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Judge overseeing AT&T, Time Warner merger trial hears document dispute

reuters.com - Business News - Fri, 2018-01-19 23:59
WASHINGTON (Reuters) - AT&T , owner of DirecTV, is asking for documents from a long list of companies as part of preparation for a trial to determine if they will be allowed to buy movie and TV show maker Time Warner , their lawyer Daniel Petrocelli said in a pre-trial hearing on Friday.
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