Reuters Daily Investor Update: March 17, 2017

Click to View in Browser Friday, March 17, 2017 S&P 500 dips as banks weigh; Nasdaq flat NEW YORK (Reuters) - U.S. stocks dipped on Friday as bank shares fell alongside Treasury yields while Adobe helped buoy the S&P tech sector and the Nasdaq Composite. Bombardier executive says canceling rail deal would cause 'irreparable harm' MONTREAL (Reuters) - Bombardier Inc would suffer "irreparable harm" to its global reputation if it loses a light train contract from a Toronto transportation agency, a senior company official said in recent court filings. Wal-Mart asks Brazil suppliers to clarify alleged bribes to officials SAO PAULO (Reuters) - Wal-Mart Stores Inc has asked suppliers in Brazil to clarify alleged cases of meatpackers bribing health officials to subvert inspections, the retailer said on Friday. U.S. says Walt Disney subsidiaries to pay $3.8 million in back wages (Reuters) - Two Florida subsidiaries of Walt Disney Co have agreed to provide $3.8 million in back wages to comply with federal law, the U.S. Labor Department said on Friday. Porsche invests in tech services to offset possible sales decline STUTTGART, Germany (Reuters) - Porsche will invest hundreds of millions of euros in digital services to generate the revenue needed to offset an expected decline in car sales in the coming years, its finance chief said on Friday. House Democrat seeks interviews with Wells Fargo executives WASHINGTON (Reuters) - The top Democrat on a key House of Representatives committee has demanded a chance to interview executives of Wells Fargo & Co , which has been embroiled in a scandal over fake accounts, because she said Republicans already had that opportunity in December. U.S. investigates four insurers over Medicare payments (Reuters) - The U.S. Justice Department has disclosed an investigation into four health insurers after a lawsuit accused them of defrauding Medicare by claiming patients were treated for conditions they did not have or received no treatment for. Missing from Trump's grand Navy plan: skilled workers to build the fleet WASHINGTON (Reuters) - U.S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the U.S. Navy. But interviews with ship-builders, unions and a review of public and internal documents show major obstacles to that plan. World stocks at record highs, dollar slide deepens NEW YORK (Reuters) - A global stock market index hovered near record highs on Friday, wrapping up a week when many of the world's biggest economies either raised interest rates or signaled they might do so, underlining confidence about economic growth and inflation. Oil prices steady, heading for modest weekly rise LONDON/NEW YORK (Reuters) - Oil prices were largely steady on Friday, and looked set to finish the week with modest gains after losing almost 10 percent last week on concerns that an OPEC production cut was failing to reduce a global supply overhang. Related Video Former UK finmin Osborne to edit London newspaper Will G20 talk trade? Related News Not much saving going on in Health Savings Accounts Wall Street bonuses may show first uptick since 2009, firm says Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook