Reuters Business Today: May 17, 2017

Click to View in Browser Wednesday, May 17, 2017 Google challenges Apple's Siri by opening digital assistant to iPhone (Reuters) - Alphabet Inc's Google said on Wednesday it would make its digital assistant available on Apple Inc's iPhone, making a play for the higher end of the smartphone market and challenging Apple's Siri feature on its own devices. Wall Street tumbles as reform hopes fade with Trump crisis (Reuters) - The S&P 500 and the Dow notched their biggest one-day fall since Sept. 9 as investor hopes for tax cuts and other pro-business policies faded after reports that U.S. President Donald Trump tried to interfere with a federal investigation set off alarm bells on Wall Street. Cisco forecasts weak revenue, shares fall (Reuters) - Cisco Systems Inc , the world's largest networking gear maker, forecast current-quarter revenue below analysts' estimates, sending its shares down 5 percent in extended trading. Ford to cut 1,400 white-collar jobs, shares tumble NEW YORK (Reuters) - Ford Motor Co said on Wednesday it plans to cut 1,400 salaried jobs in North America and Asia through voluntary early retirement and other financial incentives as the No. 2 U.S. automaker looks to boost its sagging stock price. Chinese state media says U.S. should take some blame for cyber attack BEIJING (Reuters) - Chinese state media on Wednesday criticized the United States for hindering efforts to stop global cyber threats in the wake of the WannaCry "ransomware" attack that has infected more than 300,000 computers worldwide in recent days. Target optimistic on full-year forecast after profit beat (Reuters) - Target Corp reported higher-than-expected quarterly profit and sales and set an optimistic tone for the year, saying its full-year profit could come in at the higher end of its forecast. Facebook faces EU fine over misleading WhatsApp data: source BRUSSELS (Reuters) - U.S. social network Facebook is set to be penalized by EU antitrust regulators for allegedly providing misleading data related to its WhatsApp acquisition three years ago, a person familiar with the matter said on Wednesday. Halliburton CEO to retire next month, be replaced by Jeff Miller HOUSTON (Reuters) - Halliburton Co said on Wednesday that Chief Executive Officer Dave Lesar will retire on June 1 and be replaced by Jeff Miller, Lesar's longtime deputy and fellow board member. Philips CEO: uptake of connected care products progressing slowly AMSTERDAM (Reuters) - The adoption of connected technologies in healthcare remains limited and is progressing slowly, despite the promise they hold for cutting medical costs by preventing illness, the chief executive of Philips said on Wednesday. Audi CEO's contract to be extended to end of 2022 BERLIN (Reuters) - Audi boss Rupert Stadler will be given another five years as chief executive, the luxury division of German carmaker Volkswagen said on Wednesday. Related Video Dow drops 300 points as Trump drama roils markets Investors take their bets off Wall Street 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