Reuters Business Today: June 5, 2017

Click to View in Browser Monday, June 5, 2017 Wall Street dips; 2017's laggards tick up, Apple slips NEW YORK (Reuters) - Stocks dipped on Wall Street on Monday as a drop in Apple partly offset gains in energy and financial stocks, some of the market's worst-performing sectors so far this year. Apple debuts HomePod speaker to bring Siri into the living room SAN JOSE, Calif. (Reuters) - Apple Inc on Monday introduced the HomePod speaker to compete with Amazon.com Inc's Alexa assistant and Echo devices for users who prefer voice-operated systems for shopping, planning and other tasks. U.S. services, factory data point to moderate economic growth WASHINGTON (Reuters) - U.S. services sector activity slowed in May as new orders tumbled, but a jump in employment to a near two-year high pointed to sustained labor market strength despite a deceleration in job growth last month. San Francisco subpoenas records on Uber, Lyft driving practices SAN FRANCISCO (Reuters) - San Francisco's city attorney has issued subpoenas to ride-services firms Uber Technologies Inc [UBER.UL] and Lyft Inc for records of driving practices, access for disabled passengers and whether certain neighborhoods are underserved. BlackBerry downplays Toyota's move to rival software maker TORONTO (Reuters) - BlackBerry Ltd on Monday downplayed news that Toyota Motor Corp would stop using its QNX software to run vehicle consoles, saying it is more focused on the faster-growing market for autonomous driving technology. Supreme Court limits SEC's power to recover ill-gotten gains WASHINGTON (Reuters) - The U.S. Supreme Court on Monday scaled back the Securities and Exchange Commission's power to recover ill-gotten profits from defendants' misconduct, handing Wall Street firms a victory and dealing another blow to the regulator's enforcement powers. U.S. Supreme Court to settle major cellphone privacy case WASHINGTON (Reuters) - Police officers for the first time could be required to obtain warrants to get data on the past locations of criminal suspects based on cellphone use under a major case on privacy rights in the digital age taken up by the U.S. Supreme Court on Monday. Warren Buffett lunch bidding quickly hits $1 million (Reuters) - An auction for well-heeled fans of Warren Buffett to eat lunch with the billionaire in support of a San Francisco charity that helps the homeless and impoverished got off to a fast start, with bidding quickly hitting seven figures. Exclusive: U.S.-Mexico sugar deal struck ahead of NAFTA talks; industry divided MEXICO CITY (Reuters) - The U.S. and Mexican governments reached a deal in a dispute over trade in sugar on Monday, sources said, averting steep U.S. duties and Mexican retaliation by Mexico on imports of American high-fructose corn syrup ahead of the renegotiation of NAFTA. Big oil, small U.S. towns see new reward in old production technique HOBBS, New Mexico (Reuters) - Amid the frenetic activity of American shale oilfields recovering from a two-year recession sit a handful of oil towns that seemed impervious as many producers went into bankruptcy and the economy around them sank. Related Video U.S. oil firms turn to CO2, and Congress, to help cut costs Tech leads Wall Street higher 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