Today's Top Story
China November exports unexpectedly fall, but imports rebound
BEIJING (Reuters) - China's exports in November shrank for the fourth consecutive month, customs data showed on Sunday, confounding market expectations for a rise and underscoring persistent pressures on manufacturers from the Sino-U.S. trade dispute. Read More
Business News
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Tesla boss Elon Musk wins defamation trial over his 'pedo guy' tweet
LOS ANGELES (Reuters) - Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as a federal court jury swiftly rejected the $190 million claim brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter.
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Bankrupt PG&E reaches $13.5 billion settlement with California wildfire victims
(Reuters) - California's bankrupt power producer PG&E Corp
said on Friday it had reached a $13.5 billion settlement with victims of some of most devastating wildfires in the state's modern history. -
Ericsson to pay over $1 billion to resolve U.S. corruption probes
WASHINGTON (Reuters) - Swedish mobile telecoms company Ericsson
has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday. - More Business News»
Economic News
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China November exports unexpectedly fall, but imports rebound
BEIJING (Reuters) - China's exports in November shrank for the fourth consecutive month, customs data showed on Sunday, confounding market expectations for a rise and underscoring persistent pressures on manufacturers from the Sino-U.S. trade dispute.
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Wall Street Week Ahead: Tariff deadline keeps focus on trade as 2019 draws to close
NEW YORK (Reuters) - The stock market looks set to end 2019 the way it began the year -- highly sensitive to headlines from President Donald Trump's global trade war.
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Trump calls for World Bank to stop loaning to China
WASHINGTON (Reuters) - U.S. President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan to Beijing over Washington's objections.
- More Economic News»
Money News
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U.S. stock funds see fourth straight week of outflows: Lipper
NEW YORK (Reuters) - U.S. equity stock funds saw $390 million in outflows in the week ended on Wednesday, the fourth straight week of outflows for such funds, according to data released by Lipper on Friday.
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Investor to oppose Instructure's plans to sell to Thoma Bravo
BOSTON (Reuters) - Rivulet Capital, a large investor in Instructure Inc, on Thursday said it will resist the U.S. educational software company's plan to sell itself to private equity firm Thoma Bravo for $2 billion, calling the deal too cheap and too hurried.
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Top U.S. stockpickers keep low profile
NEW YORK (Reuters) - The co-managers of the best stock mutual fund of this decade work out of a small office in Los Angeles, rarely talk with the financial media and have never appeared as guests on CNBC looking to raise their profile.
- More Money News»
