Breaking business news: Surging banks lead Wall Street to highs as tax plan advances

Click to View in Browser Tuesday, November 28, 2017 Surging banks lead Wall Street to highs as tax plan advances (Reuters) - Wall Street surged to record highs on Tuesday led by sharp gains in bank stocks, and boosted by progress for a tax cut bill, strong consumer confidence data and encouraging comments from President Donald Trump's nominee to lead the Federal Reserve. Washington state attorney general sues Uber after data breach WASHINGTON (Reuters) - Washington state's attorney general sued the ride-sharing company Uber on Tuesday, alleging it had violated the state's data breach notification law. More U.S. shoppers than expected kick off holiday spending season CHICAGO (Reuters) - More than 174 million U.S. shoppers made purchases over Thanksgiving weekend and Cyber Monday, the National Retail Federation said on Tuesday, beating the industry group's expectations and signaling a strong start to the holiday quarter. Supreme Court wary about widening whistleblower protections WASHINGTON (Reuters) - Conservative and liberal U.S. Supreme Court justices on Tuesday appeared reluctant to broaden protections for corporate insiders who blow the whistle on securities law violations or fraud by their companies. Kaspersky CEO says he would leave if Russia asked him to spy LONDON (Reuters) - The founder of Moscow-based anti-virus software company Kaspersky Lab said on Tuesday he would quit Russia if its intelligence agencies ever asked his company to spy for it. Uber-Waymo trial delayed as U.S. judge raises prospect of 'cover-up' SAN FRANCISCO (Reuters) - Uber Technologies Inc withheld evidence in a lawsuit filed by Alphabet Inc's Waymo, a U.S. judge said on Tuesday, delaying a trial to give Waymo time to review a letter alleging Uber trained employees to steal trade secrets and hide their tracks. Arby's owner Roark gobbles up Buffalo Wild Wings for $2.4 billion (Reuters) - Arby's owner Roark Capital Group said on Tuesday it would buy Buffalo Wild Wings Inc for $2.4 billion, adding to its growing portfolio of U.S. restaurants after a bruising proxy fight over the direction of the chicken wing chain. Wells Fargo to exit personal insurance business (Reuters) - Wells Fargo & Co said on Tuesday it would exit the personal insurance business and immediately begin winding down marketing and product promotion activity. Tesla Truck gets DHL order as shippers test Semi SEATTLE (Reuters) - Deutsche Post AG's DHL and Fortigo Freight Services Inc, one of Canada's largest fleet management companies, said on Tuesday they had pre-ordered Tesla Inc's electric truck unveiled earlier this month to test on limited routes. Fitch cuts GE rating, outlook negative (Reuters) - Fitch Ratings on Tuesday downgraded General Electric Co and its finance arm, GE Capital, citing deterioration in the industrial conglomerate's operating and financial performance. Related Video Fed set for December rate hike, says Peter Cardillo Rally will continue despite questionable technical signals, says Talley Leger 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