Breaking business news: Higher bond yields, soft earnings weigh on Wall St.

Click to View in Browser Wednesday, October 25, 2017 Higher bond yields, soft earnings weigh on Wall St. NEW YORK (Reuters) - U.S. stocks slumped on Wednesday, with the Dow Industrials and S&P 500 suffering their worst day in seven weeks, on a batch of soft quarterly earnings and a rise in bond yields. Three women sue Uber in San Francisco claiming unequal pay, benefits SAN FRANCISCO (Reuters) - Three women engineers have sued Uber Technologies Inc [UBER.UL] for discrimination based of their gender and race, the latest blow to the ride-services company that is straining to overcome a year of controversies over its workplace culture. Exclusive: Pfizer to launch consumer health sale in November - sources LONDON (Reuters) - Pfizer plans to kick off an auction process for its consumer healthcare business in November, paving the way for a potential $15 billion-plus sale of the headache pill to lip balm business, sources close to the matter told Reuters. Amgen quarterly profit tops expectations despite sales decline (Reuters) - Amgen Inc reported higher-than-expected third quarter profit on Wednesday as lower research and other costs and improved operating margins helped offset sales declines in some of its biggest established products. Equifax, reeling from hack, still has no earnings report date NEW YORK (Reuters) - Equifax Inc is running out of time to schedule its first quarterly results report since the massive breach that exposed sensitive data on 145.5 million people and erased more than $4 billion of the credit reporting firm's market value. Ryan says Republican tax plan must speed through choppy waters: Reuters interview WASHINGTON (Reuters) - U.S. House of Representatives Speaker Paul Ryan said on Wednesday that a sweeping Republican tax-cut plan is entering its toughest phase yet as lobbyists swarm Congress to try to protect valuable tax breaks. UPS announces U.S. rate hikes, new peak surcharges for 2018 DETROIT (Reuters) - United Parcel Service Inc said on Wednesday it would raise rates across many of its U.S. services by 4.9 percent later this year, with surcharge increases for next year's peak season focused mainly on residential addresses. Nike gives upbeat forecast at investor conference, shares rise (Reuters) - Nike Inc said on Wednesday it expects earnings per share to grow in the mid-teens over the next five years, driven by online sales and new product categories, sending its shares up by about three percent. Deutsche Bank to pay $220 million in U.S. Libor probe (Reuters) - Deutsche Bank AG has agreed to pay $220 million to settle U.S. regulatory charges that it defrauded government and nonprofit entities by manipulating Libor and other benchmark interest rates. Coke's North American sales rise fuels market share gains over Pepsi (Reuters) - Coca-Cola Co topped profit and revenue estimates for the third quarter on a 3 percent rise in North American sales, gaining market share over arch rival PepsiCo Inc as it sold more Sprite, teas and coffees. Related Video Chipotle recovery drags, shares sink Saudis plan big spend to move away from oil 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