Reuters Business Today: May 15, 2017

Click to View in Browser Monday, May 15, 2017 Global cyber attack slows; search on for hackers, motive WASHINGTON (Reuters) - The global WannaCry "ransomware" cyber attack slowed on Monday, with no major infections reported, as global law enforcement agencies shifted their attention to finding the hackers who unleashed it. Wall Street rises with help from technology, financial, energy stocks (Reuters) - The S&P 500 and the Nasdaq notched record closing highs on Monday, powered by demand for technology stocks after a global cyber attack and by rising oil prices. Snap surges after Wall Street heavyweights reveal stakes SAN FRANCISCO (Reuters) - Snap Inc jumped 8 percent on Monday and was on track for its third strongest day since the social media company's initial public offering, boosted by filings showing several institutional investors had owned its shares. Workers say Wal-Mart discriminated against thousands of pregnant women (Reuters) - Two former Wal-Mart Stores Inc employees have filed a lawsuit accusing the retailer of treating thousands of pregnant workers as "second-class citizens" by rejecting their requests to limit heavy lifting, climbing on ladders and other potentially dangerous tasks. Life-science tool stocks thrive away from Obamacare glare NEW YORK (Reuters) - Away from the political spotlight on Obamacare and high medicine prices, a section of the U.S. healthcare industry is quietly thriving on the stock market. AB InBev to pump $2 billion into U.S. business BRUSSELS (Reuters) - Anheuser-Busch InBev, the world's largest brewer, plans to invest $2 billion in the United States, where its flagship Budweiser lager has suffered from declining volumes and a falling market share over the past three years. Philadelphia sues Wells Fargo, alleges predatory lending (Reuters) - The City of Philadelphia sued Wells Fargo & Co on Monday, accusing the largest U.S. mortgage lender of predatory lending, which violates the federal Fair Housing Act. U.S. companies push hard for lower tax rate on offshore profits WASHINGTON (Reuters) - Major U.S. multinationals are pushing the Trump administration to deepen the tax break it has already tentatively proposed on $2.6 trillion in corporate profits being held offshore, a key piece in Washington's intricate tax reform puzzle. Thermo Fisher to buy Patheon for $5.2 billion to expand biopharma services (Reuters) - Thermo Fisher Scientific Inc said on Monday it would buy Patheon NV , a Dutch manufacturer of drugs for clinical trials, for $5.2 billion as it seeks to complement its offerings in production and services for the biopharma industry. China's new Silk Road promises trade and riches, with President Xi at helm BEIJING (Reuters) - Chinese President Xi Jinping and 29 other heads of state on Monday reaffirmed their commitment to build an open economy and ensure free and inclusive trade, under the ambitious Belt and Road initiative led by Beijing. Related Video Belt and Road Initiative aims to bolster China's global leadership ambitions Lobbyists pushing WH for deeper offshore tax break 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