Reuters Business Today: May 9, 2017

Click to View in Browser Tuesday, May 9, 2017 Democratic Senators call for probe into Icahn's biofuel credit dealings WASHINGTON (Reuters) - Eight Democratic Senators on Tuesday asked U.S. regulators to launch an investigation into billionaire Carl Icahn's activities in the U.S. biofuels blending credit market, saying the activist investor may have violated securities trading laws since becoming an adviser to President Donald Trump. Wall Street loses oomph but Apple crosses $800-billion mark (Reuters) - The S&P 500 fell on Tuesday after edging up to an intra-day record high for the second straight session, while Apple became the first U.S. company to close with a market capitalization above $800 billion. Commerce Secretary Ross says 3 percent GDP growth not achievable this year WASHINGTON (Reuters) - The U.S. economy won't achieve the Trump administration's 3 percent growth goal this year and not until all of its tax, regulatory, trade and energy policies are fully in place, Commerce Secretary Wilbur Ross said on Tuesday. Walt Disney's profit beats estimates (Reuters) - Walt Disney Co's quarterly profit beat analysts' estimates as the company benefited from the success of its latest fairy tale adaptation "Beauty and the Beast" and strength in its theme park business. Apple tops $800 billion market cap for first time NEW YORK (Reuters) - Apple Inc became the first U.S. company to top the $800 billion mark in market capitalization on Tuesday, slightly more than two years after it crossed the $700 billion threshold. Ex-AIG CEO Greenberg loses appeal over 2008 bailout (Reuters) - A federal appeals court threw out a ruling that the U.S. government illegally bailed out insurer American International Group Inc during the 2008 financial crisis, in a defeat for former chief executive officer Maurice "Hank" Greenberg. U.S. gun stocks surge, Sturm Ruger results give bulls fresh ammo SAN FRANCISCO (Reuters) - Shares of gun makers surged on Tuesday after Sturm Ruger & Company Inc's quarterly results suggested demand is recovering following a steep sales drop after the election of Donald Trump as president. Buffett's fledgling biBERK pursues online insurance 'experiment' OMAHA, Neb. (Reuters) - It has been decades since anyone thought of Warren Buffett's Berkshire Hathaway Inc , or even its insurance operations, as "very, very small." Daimler drops bid to win approval to sell U.S. 2017 Mercedes diesels WASHINGTON (Reuters) - German automaker Daimler AG said on Tuesday it had dropped plans to seek U.S. approval to sell 2017 Mercedes-Benz U.S. diesel models, but had not decided whether to exit the American passenger diesel market. Goldman 'best positioned' if Glass-Steagall Act returns: Blankfein to CNBC (Reuters) - Goldman Sachs Group Inc is best positioned if the Glass-Steagall Act returns, Chief Executive Lloyd Blankfein said in an interview to CNBC on Tuesday. Related Video Valeant swings to a profit Florida probes Tyson Foods, Pilgrim's Pride on chicken pricing 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