Breaking business news: Energy and financials power Wall Street's rise

Click to View in Browser Thursday, December 21, 2017 Energy and financials power Wall Street's rise NEW YORK (Reuters) - The three main U.S. stock indexes rose on Thursday, boosted by bank and energy stocks as investors bet on more economically sensitive sectors. Judge in AT&T, Time Warner merger trial to deny data protection order WASHINGTON (Reuters) - The judge overseeing the Justice Department's bid to stop AT&T from buying Time Warner said Thursday that he would deny a request to tighten protections on confidential data. Exclusive: Bank of America Merrill Lynch to pay $26 million for allegedly failing to report suspicious transactions NEW YORK (TR Regulatory Intelligence) - Wall Street regulators later Thursday or early next week are expected to fine Bank of America Merrill Lynch a total of $26 million over alleged failures to report suspicious transactions, two sources familiar with the matter said. Boeing in talks with Embraer; Brazil backs jetliner alliance SAO PAULO/RIO DE JANEIRO (Reuters) - Planemakers Boeing Co and Embraer SA are discussing a "potential combination," they said on Thursday, in a move that could consolidate a global passenger jet duopoly provided Brazil's government gives its blessing. Facebook, Universal Music strike multi-year licensing deal (Reuters) - Facebook Inc and Universal Music Group on Thursday announced a global agreement that will enable users to upload videos featuring music from Universal's library across the social media network as well as Instagram and Oculus. Nike's profit tops estimates but margins dip on weak North America demand (Reuters) - Nike Inc's growth in international markets helped the company's quarterly profit and sales beat Wall Street estimates on Thursday, but a drop in gross margins indicated severe price competition in North America, its largest market. Goldman Sachs to set up cryptocurrency trading desk: Bloomberg (Reuters) - Goldman Sachs Group Inc is setting up a trading desk to make markets in digital currencies like bitcoin, Bloomberg reported, citing people familiar with the matter. SEC charges bankrupt Woodbridge Group over $1.2 billion Ponzi scheme (Reuters) - The U.S. Securities and Exchange Commission has charged Woodbridge Group of Companies and its owner, luxury real estate developer Robert Shapiro, for allegedly operating a $1.2 billion Ponzi scheme that targeted thousands of investors, the agency said on Thursday. Toys 'R' Us plans new playdate with U.S. shoppers WALLKILL, NEW YORK (Reuters) - Joshua and Amy Hightower drive 40 minutes to a Toys 'R' Us Inc store in a blue collar neighborhood in Wallkill, one of the farthest reaches of the New York City suburbs, so their children can try toys at an amusement area dubbed the "play lab." U.S. Chamber flags financial reporting delays due to tax overhaul WASHINGTON (Reuters) - Some U.S. listed companies may struggle to file their annual financial reports on time because the Republican-led overhaul of the country's tax system may prompt a raft of additional disclosures, the U.S. Chamber of Commerce warned on Thursday. Related Video Living in pipes and boxes: Hong Kong's extreme housing First cryptocurrency cafe opens in Singapore 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