Thursday, 23 March 2017

Reuters Business Today: March 23, 2017

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Thursday, March 23, 2017
Wall Street down; lawmakers delay vote on Trump healthcare bill
(Reuters) - Wall Street declined on Thursday after lawmakers delayed a vote on a healthcare bill seen as President Donald Trump's first policy test.
U.S. Senate votes to overturn Obama broadband privacy rules
WASHINGTON (Reuters) - The U.S. Senate on Thursday voted narrowly to repeal regulations requiring internet service providers to do more to protect customers' privacy than websites like Alphabet Inc's Google or Facebook Inc .
New home sales hit seven-month high; jobless claims rise
WASHINGTON (Reuters) - New U.S. single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery was gaining momentum despite higher prices and rising mortgage rates.
Sears' plan to sell brands no salve for financial woes
(Reuters) - Sears' plan to avoid bankruptcy in part by selling off or licensing brands including Kenmore and DieHard may prove difficult because of changing consumer tastes and possible legal roadblocks.
SEC charges two Israeli residents with Mobileye insider trading
NEW YORK (Reuters) - Two Israeli residents have been charged by the U.S. Securities and Exchange Commission with insider trading in Mobileye NV before the maker of sensors and cameras for driverless vehicles agreed to be acquired by Intel Corp for $15.3 billion.
J&J, JPMorgan suspend YouTube ads over offensive videos
(Reuters) - U.S. healthcare conglomerate Johnson & Johnson and JPMorgan Chase & Co became the latest big U.S. companies to suspend all digital advertising on Google's YouTube, over concerns that its ads may have appeared on channels that broadcast offensive videos.
U.S. State Department to approve Keystone pipeline permit Friday: sources
WASHINGTON (Reuters) - The U.S. State Department will approve on Friday the permit needed to proceed with construction of the Canada-to-United States Keystone XL oil pipeline, a project blocked by former President Barack Obama, according to two government sources familiar with the process.
Disney board extends CEO Iger's contract by one year
LOS ANGELES (Reuters) - Walt Disney Co's board extended the term of Chairman and Chief Executive Officer Bob Iger by one year as it continues searching for a successor to a long-serving leader who is popular on Wall Street, the company said on Thursday.
For Goldman Sachs, a rare pass from shareholder resolutions
NEW YORK/BOSTON (Reuters) - For the first time in more than a decade, Goldman Sachs Group Inc has managed to avoid any proxy battles with activist shareholders by convincing investors and securities regulators that voting on several proposed corporate policy changes were unnecessary.
As Trump targets energy rules, oil companies downplay their impact
BOSTON (Reuters) - President Donald Trump's White House has said his plans to slash environmental regulations will trigger a new energy boom and help the United States drill its way to independence from foreign oil.
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