Breaking business news: Wall St. retreats from record as industrials, tech lag

Click to View in Browser Monday, October 23, 2017 Wall St. retreats from record as industrials, tech lag NEW YORK (Reuters) - U.S. stocks declined on Monday as each of the major Wall Street indexes retreated from a record, weighed down by a drop in technology and industrial shares. Halliburton warns of slower growth as U.S. rig count drops (Reuters) - Oilfield services giant Halliburton Co on Monday warned of slower growth at its oil well drilling and evaluation business, reflecting a steady drop in rig counts in the United States. Iphone X demand will be substantial, but not exceptional: survey (Reuters) - Days before Apple Inc's much-awaited iPhone X opens for preorders, a survey by brokerage Bernstein showed that demand for the device will be substantial, but not exceptional, with about a quarter of the respondents planning to buy the phone. Apple sees its mobile devices as platform for artificial intelligence TAIPEI (Reuters) - Apple Inc sees its mobile devices as a major platform for artificial intelligence in the future, Chief Operating Officer Jeff Williams said on Monday. U.S. jury finds ex-HSBC executive guilty of fraud in $3.5 billion currency trade NEW YORK (Reuters) - A U.S. jury on Monday found a former HSBC Holdings Plc executive guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011. Cisco buys BroadSoft for $1.71 bln in software push (Reuters) - Cisco Systems Inc will buy software company BroadSoft Inc for $1.71 billion, it said on Monday, in a deal that boosts Cisco's collaboration tools and helps the company diversify its offerings away from switching and routing. Fiat Chrysler sues shippers over alleged price fixing WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV has lodged a complaint with a U.S. regulator seeking "reparations" from a group of shipping companies from Asia, Europe and South America that admitted to fixing prices for shipping vehicles, according to documents made public on Monday. U.S. regulators approve fix for 38,000 VW 3.0-liter diesel SUVs WASHINGTON (Reuters) - U.S. and California regulators have approved a fix for about 38,000 Volkswagen AG 3.0-liter vehicles with potential excess emissions, a decision that could save the automaker more than $1 billion, according to a letter made public on Monday. EU raids Daimler and VW in widening cartel inquiry HAMBURG/BERLIN (Reuters) - European Union and German antitrust officials searched the offices of Daimler and Volkswagen on Monday, widening an inquiry into alleged collusion. Apple, Samsung face new iPhone damages trial: U.S. judge (Reuters) - A U.S. judge has ordered a new trial to determine how much Samsung Electronics Co should pay Apple Inc for copying the look of the iPhone. Related Video London smog tax means older cars can face $27 per drive Toys 'R' Us collapse to hit Hasbro holiday sales 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