Breaking business news: Wall Street falls as Trump threatens government shutdown

Click to View in Browser Wednesday, August 23, 2017 Wall Street falls as Trump threatens government shutdown NEW YORK (Reuters) - U.S. stocks closed lower on Wednesday as investors grappled with a threat from President Donald Trump to shut down the government if Congress fails to fund a Mexico border wall. Mexico, Canada dismiss Trump threats to scrap NAFTA trade pact MEXICO CITY/OTTAWA (Reuters) - Mexico and Canada on Wednesday dismissed U.S. President Donald Trump's latest threat to scrap NAFTA, describing it as a negotiating tactic aimed at winning the upper hand in talks to update one of the world's biggest trading blocs. U.S. new home sales hit seven-month low as prices soar WASHINGTON (Reuters) - New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest in seven months amid a surge in prices, raising concerns of a slowdown in the housing market recovery. Whole Foods shareholders approve sale to Amazon LOS ANGELES (Reuters) - Whole Foods Market Inc on Wednesday said shareholders in the natural and organic grocery chain cleared the way for its proposed $13.7 billion sale to Amazon.com Inc. HP Inc's quarterly profit beats on higher PC sales (Reuters) - HP Inc , which houses the hardware business of former Hewlett-Packard Co, reported a slightly higher-than-expected quarterly profit as it sold more personal computers. True price of an Uber ride in question as investors assess firm's value SAN FRANCISCO (Reuters) - What is the true cost of an Uber ride? Cheap oil undercuts U.S. rail, bus service: study DETROIT (Reuters) - Cheap gasoline is squeezing U.S. bus companies and the Amtrak passenger rail system that bet more consumers would embrace alternatives to driving for trips shorter than 400 miles, a study by researchers at DePaul University concluded. American Express to pay $96 million over discriminatory card terms WASHINGTON (Reuters) - American Express will end up paying $96 million to credit card customers in Puerto Rico and other U.S. territories for charging higher interest rates and engaging in other discriminatory practices, federal regulators said on Wednesday. Toll's average price to fall as millennials buy cheaper homes (Reuters) - Toll Brothers Inc's falling average selling price (ASP) signals a new normal for luxury homebuilders in the United States as they sell more, but lower-priced homes, to thrifty millennials. Lowe's misses earnings estimates, forecasts slower margins growth (Reuters) - Lowe's Companies Inc reported lower-than-expected quarterly earnings on Wednesday and warned of slower growth in profit margins as it spends more on marketing and staffing to take advantage of a robust home improvement market. Related Video Frankfurt's international schools see Brexit bonus Shock Tactics, Part 2: As Taser warns of more and more risks, cities bear burden in court 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