Reuters Daily Investor Update: April 10, 2017

Click to View in Browser Monday, April 10, 2017 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. Energy shares buoy Wall Street as crude rises NEW YORK (Reuters) - U.S. stocks ended a choppy session up slightly on Monday as gains in energy shares offset losses in financials ahead of bank quarterly earnings this week. 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. '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. 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. U.S. stocks rise with oil futures, investors await earnings NEW YORK (Reuters) - Wall Street stock indexes firmed on Monday as rising oil futures boosted the energy sector and investors placed bets ahead of the U.S. quarterly corporate earnings season. 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. British fashion retailer Jaeger goes into administration (Reuters) - Fashion retailer Jaeger, known for its classic British clothing ranges, has gone into administration, the administrators said in a statement, putting nearly 700 jobs at risk. Wells Fargo report: no 'pattern of retaliation' against whistleblowers NEW YORK (Reuters) - An internal investigation into Wells Fargo & Co's sales scandal released on Monday found no evidence the bank had retaliated against employees who came forward about sales practice abuses, despite earlier media reports and lawsuits from ex-employees that claimed otherwise. Tesla becomes most valuable U.S. car maker, edges out GM SAN FRANCISCO (Reuters) - Tesla Inc on Monday briefly became the most valuable U.S. car maker, reaching a market capitalization of as much as $51.105 billion, higher than General Motors's . Related Video Wells Fargo's board blames culture and exec Wells Fargo scandal blamed on 'best banker in America' Related News In the Trump era, one U.S. Muslim investor tries a louder voice Philanthropist dollars often come with strings attached: wealth watcher 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