Reuters Business Today: June 12, 2017

Click to View in Browser Monday, June 12, 2017 Stock futures down as tech rout continues (Reuters) - U.S. stock index futures were lower on Monday, with Nasdaq futures taking the biggest hit as investors locked in gains on the richly-valued technology sector. Exclusive - Foxconn says Apple, Dell join its bid for Toshiba chip business TAIPEI (Reuters) - Apple Inc and computing giant Dell Inc will join a Foxconn-led consortium bidding for Toshiba Corp's highly prized chip unit, the CEO of the world's largest contract electronics manufacturer told Reuters on Monday. GE's Immelt to retire, John Flannery to take over as CEO (Reuters) - General Electric Co said on Monday CEO Jeff Immelt would step down, capping a 16-year term that included steering the conglomerate through the financial crisis and divesting its struggling lending business. Uber board adopts all recommendations from Eric Holder investigation SAN FRANCISCO (Reuters) - The Uber Technologies Inc [UBER.UL] board of directors voted unanimously to adopt all recommendations from a report stemming from allegations of sexual harassment at the company and other employee concerns, a board representative said on Sunday. French finance minister says 'optimistic' about Greek deal after Athens talks ATHENS (Reuters) - French Finance Minister Bruno Le Maire expressed optimism about Greece reaching a deal on new loans from its European creditors after talks with his Greek counterpart and Prime Minister Alexis Tsipras in Athens. German ministry orders probe of Porsche emissions BERLIN (Reuters) - The German Transport Ministry has ordered the KBA watchdog agency to examine the emissions of sports car maker Porsche , a unit of Volkswagen , a ministry spokesman said on Monday following a critical media report. U.S. banks launching answer to peer-to-peer payment app Venmo NEW YORK (Reuters) - The U.S. banking industry is about to launch its answer to the popular mobile payments app Venmo, in what is likely to be the biggest change in years in how individuals exchange funds digitally. ISS recommends voting against ten Mylan board nominees (Reuters) - Influential proxy firm ISS on Monday urged shareholders of generic drugmaker Mylan NV to vote against most of the company's nominees to its board of directors, ahead of a shareholder meeting later this month. Trump officials to unveil plan to cut factory rules this week WASHINGTON (Reuters) - The Trump administration intends to unveil this week a plan to trim regulations it believes constrain U.S. manufacturing growth, potentially affecting environmental permits, worker safety and labor rules, an administration official said. Opel CEO Neumann resigns, CFO Lohscheller to succeed BERLIN (Reuters) - The chief executive of General Motors' European Opel division, Karl-Thomas Neumann, has resigned, the carmaker said. Related Video DOJ seeks to dismiss foreign payments lawsuit against Trump A $480 million investment duet for Sirius XM, Pandora 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