Friday 30 March 2018

How Seoul raced to conclude U.S. trade deal ahead of North Korea talks

How Seoul raced to conclude U.S. trade deal ahead of North Korea talks

SEOUL (Reuters) - South Korean trade officials braved snowstorms, ate instant noodles to save time and spent weeks hotel-hopping in Washington as they raced to overcome major trade hurdles with their U.S. ally ahead of high-stakes nuclear discussions with North Korea.

Under Armour says 150 million MyFitnessPal accounts breached

(Reuters) - Under Armour Inc said on Thursday that data from some 150 million MyFitnessPal diet and fitness app accounts was compromised in February, in one of the biggest hacks in history, sending shares of the athletic apparel maker down 3 percent in after-hours trade.

Amazon cuts ties with top Washington lobbying firms: Bloomberg

(Reuters) - Online retailing behemoth Amazon.com Inc has cut ties with Washington lobbying firms Akin Gump Strauss Hauer & Feld LLP and Squire Patton Boggs, Bloomberg reported on Friday.

Eager for calming news, investors look to earnings

NEW YORK (Reuters) - Nervous stock investors are hoping an unusually U.S. strong earnings season can restore some of the optimism that characterized equity markets last year.

Zuckerberg disavows memo saying all user growth is good

SAN FRANCISCO (Reuters) - A Facebook Inc executive said in an internal memo in 2016 that the social media company needed to pursue adding users above all else, BuzzFeed News reported on Thursday, prompting disavowals from the executive and Facebook Chief Executive Officer Mark Zuckerberg.

Starbucks coffee in California must have cancer warning, judge says

(Reuters) - Starbucks Corp and other coffee sellers must put a cancer warning on coffee sold in California, a Los Angeles judge has ruled, possibly exposing the companies to millions of dollars in fines.

Walmart talking with Humana on closer ties; acquisition possible: sources

(Reuters) - U.S. retailer Walmart Inc is in early-stage talks with health insurer Humana Inc about developing closer ties, with the acquisition of Humana being discussed as one possibility, people familiar with the matter said on Thursday.

Foxconn fourth-quarter net profit estimated T$71.66 billion, up 4 percent from year ago

TAIPEI (Reuters) - Taiwan's Foxconn , the world's largest contract electronics maker and a key Apple Inc supplier, reported on Friday 4.2 percent growth in fourth quarter net profit from a year ago, defying expectations for a decline.

Deutsche Bank eyes ex-UBS manager Zeltner as next CEO: Spiegel

BERLIN (Reuters) - Deutsche Bank's chairman Paul Achleitner is considering making Juerg Zeltner, the former head of the wealth management business of Swiss bank UBS, the successor to Chief Executive John Cryan, Spiegel magazine reported on Friday.

NYSE in talks to acquire Chicago Stock Exchange: WSJ

(Reuters) - Intercontinental Exchange Inc's New York Stock Exchange (NYSE) is in talks to buy the Chicago Stock Exchange (CHX), the Wall Street Journal reported on Friday, a month-and-a-half after U.S. regulators blocked the sale of CHX to China-based investors.

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