Reuters Business Today: April 10, 2017

Click to View in Browser Monday, April 10, 2017 Wall Street ends choppy session up slightly; energy helps NEW YORK (Reuters) - U.S. stocks ended a choppy session slightly higher on Monday as gains in energy shares offset losses in financials ahead of quarterly corporate earnings later this week. 'Best banker in America' blamed for Wells Fargo sales scandal (Reuters) - An investigation by Wells Fargo & Co's board laid blame for the company's unauthorized accounts scandal on a high-pressure sales culture and a retail executive obsessed with stamping out negative views about her division. Fed's Yellen says aim now is to let 'healthy' economy coast along (Reuters) - The Federal Reserve plans to raise U.S. interest rates gradually so as to sustain healthy growth without letting the economy overheat, Fed Chair Janet Yellen said on Monday. Tesla becomes most valuable U.S. car maker, edges out GM SAN FRANCISCO (Reuters) - Tesla Inc on Monday became the most valuable U.S. car maker, reaching a market capitalization of $50.887 billion and edging past General Motors which produces many more cars. AT&T bets on 5G with Straight Path Communications buy for $1.25 billion (Reuters) - AT&T Inc said on Monday it would buy Straight Path Communications Inc , a holder of licenses to wireless spectrum, for $1.25 billion in an all-stock deal as it aims to accumulate the airwaves it needs for a next generation network. Jana Partners takes 8.3 percent stake in Whole Foods (Reuters) - Activist investor Jana Partners LLC disclosed an 8.3 percent stake in Whole Foods Market Inc as it looks to shake up the company's board, while pushing it to explore strategic options, including a potential sale. 3-D printed titanium to shave millions in Boeing Dreamliner costs SEATTLE (Reuters) - Boeing Co hired Norsk Titanium AS to print the first structural titanium parts for its 787 Dreamliner, the Norwegian 3-D printing company said on Monday, paving the way to cost savings of $2 million to $3 million for each plane. Facebook's Sandberg says number of monthly advertisers tops 5 million SAN FRANCISCO (Reuters) - Facebook Inc plans to announce on Monday that more than 5 million businesses are advertising on the social network each month and that it is updating its suite of ad services to try to draw more small businesses onto its mobile platform. SEC targets fake stock news on financial websites (Reuters) - The U.S. Securities and Exchange Commission on Monday announced a crackdown on alleged stock promotion schemes in which writers were secretly paid to post hundreds of bullish articles about public companies on financial websites. Trump to meet U.S. business leaders on infrastructure, tax reform WASHINGTON (Reuters) - U.S. President Donald Trump will meet with about 20 chief executives on Tuesday as he works to gain support for a $1 trillion infrastructure program, tax reform and other administration priorities, said White House spokesman Sean Spicer. Related Video Wells Fargo's board blames culture and exec Wells Fargo scandal blamed on 'best banker in America' Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. 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