Reuters Business Today: April 4, 2017

Click to View in Browser Tuesday, April 4, 2017 Fed's Lacker leaves central bank over leak of market sensitive news WASHINGTON (Reuters) - Richmond Federal Reserve President Jeffrey Lacker abruptly left the U.S. central bank on Tuesday after admitting a conversation he had with a Wall Street analyst in 2012 may have disclosed confidential information about Fed policy options. JPMorgan CEO calls for regulatory changes in shareholder letter NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon devoted one-third of his annual shareholder letter to arguments for changing regulations, particularly those on bank capital and liquidity, as well as home mortgage loan financing. Wall St. flat as investors await China meeting, earnings season (Reuters) - U.S. stocks were little changed on Tuesday, as investors stayed on the sidelines ahead of the first-quarter earnings season and fretted about President Donald Trump's ability to deliver on tax reform and other promises. U.S. trade deficit falls from two-year high on weak imports WASHINGTON (Reuters) - The U.S. trade deficit fell from a near two year high in February as slowing domestic demand weighed on imports and stronger global growth boosted exports of American goods. GM remains most valuable U.S. car company, Tesla is No. 2 (Reuters) - Tesla Inc , whose market capitalization passed that of Ford Motor Co on Monday, still trailed General Motors Co as the most valuable U.S. auto firm in mid-day trade on Tuesday. U.S. business seeks action, not trade war, in Xi-Trump summit BEIJING/WASHINGTON (Reuters) - Although worried about the prospect of a trade war, American businesses operating in China nonetheless want President Donald Trump to wring some concessions on market access from China's leader Xi Jingping when the two meet this week. New York's top court rejects Facebook search warrant challenge NEW YORK (Reuters) - New York state's highest court on Tuesday rejected Facebook Inc's challenge to 381 search warrants to uncover suspected widespread Social Security disability fraud by its customers. BlackRock's big funds cut commission rates for Wall Street research NEW YORK (Reuters) - BlackRock Inc , the world's biggest asset manager, slashed the amount it paid out in commissions to Wall Street firms for research by more than half for its largest mutual fund over the last two years, according to filings. Exxon in talks to expand into Brazil: WSJ (Reuters) - Exxon Mobil Corp is in talks to gain access to Brazil's deep-water oil resources, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Credit Suisse scandal threatens Swiss efforts to clean up reputation ZURICH (Reuters) - An anonymous tip to Dutch authorities on thousands of suspicious accounts at Credit Suisse could hardly have come at a worse time for Switzerland and its banks. Related Video Zuma under pressure after credit downgrade China squeezes N. Korea as Trump-Xi meeting looms 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