Bhinneka News Online: Reuters Business Today: March 16, 2017

Thursday, 16 March 2017

Reuters Business Today: March 16, 2017

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Thursday, March 16, 2017

U.S. housing, factory data underscore economy's resilience

WASHINGTON (Reuters) - U.S. homebuilding jumped in February as unseasonably warm weather boosted the construction of single-family houses to near a 9-1/2-year high, suggesting the economy remained on solid ground despite an apparent slowdown in the first quarter.

Wall Street slightly lower as healthcare stocks weigh

(Reuters) - U.S. stocks slipped on Thursday as declines in the healthcare sector outweighed gains in financial stocks.

Fed raises rates as job gains, firming inflation stoke confidence

WASHINGTON (Reuters) - The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank's target.

Trump picks Boeing executive Shanahan to become Pentagon's No.2

WASHINGTON (Reuters) - Senior Boeing executive Patrick Shanahan is U.S. President Donald Trump's nominee to take over the No. 2 role at the Pentagon as deputy U.S. defense secretary, the White House announced on Thursday.

British regulator to investigate Sky takeover by Murdoch's Fox

LONDON (Reuters) - The British government has referred Rupert Murdoch's planned 11.7 billion pound ($14.4 billion) takeover of European pay-TV group Sky to regulators to decide if the deal is in the public interest.

Exclusive: Venezuela's cash-strapped PDVSA offers Rosneft oil stake - sources

CARACAS/HOUSTON (Reuters) - Venezuelan state oil company PDVSA has offered Russian counterpart Rosneft a stake in a joint venture in the country's Orinoco Belt extra-heavy crude area, five industry sources said, in a sign of the Latin American nation's dire economic situation and Moscow's growing muscle there.

U.S. authorities charge Russian spies, hackers in huge Yahoo hack

WASHINGTON (Reuters) - The United States on Wednesday charged two Russian intelligence agents and two hackers with masterminding the 2014 theft of 500 million Yahoo accounts, the first time the U.S. government has criminally charged Russian spies for cyber offences.

U.S. judge orders Volkswagen executive held until emissions case trial next January

DETROIT/WASHINGTON (Reuters) - A federal judge in Detroit on Thursday ordered that a Volkswagen AG executive charged in the automaker's diesel emissions scandal be detained until his trial set for next year, agreeing with prosecutors that the German national represented a flight risk.

Tesla to raise about $1.15 billion in stock, notes; Musk to buy shares

SAN FRANCISCO (Reuters) - Tesla Inc said on Wednesday it expects to raise about $1.15 billion from a stock and senior notes offering, an infusion of needed capital as the electric car maker enters pre-production of its upcoming Model 3 electric sedan.

Dollar General beats sales estimates, to hike store managers' pay

(Reuters) - U.S. discount retailer Dollar General Corp reported better-than-expected quarterly sales and said it would raise wages for store managers, replicating similar moves by larger retailers such as Wal-Mart .