Tuesday, 19 December 2017

Breaking business news: S&P, Dow open higher as tax bill vote draws near

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Tuesday, December 19, 2017
S&P, Dow open higher as tax bill vote draws near
(Reuters) - The benchmark S&P 500 and the blue-chip Dow Jones Industrial Average opened higher on Tuesday amid rising hopes that the U.S. Congress will vote in favor of the proposed tax overhaul.
Single-family housing starts, permits hit 10-year high
WASHINGTON (Reuters) - U.S. single-family homebuilding and permits surged to more than 10-year highs in November, in a hopeful sign for a housing market that has been hobbled by supply constraints.
Facebook makes German marketing push as hate speech law bites
BERLIN (Reuters) - Facebook is making a big marketing drive in Germany just as the country starts to implement tough regulations designed to clamp down on online hate speech.
UPS pre-orders 125 Tesla electric semi-trucks, largest order yet
DETROIT (Reuters) - United Parcel Service Inc said on Tuesday it is buying 125 Tesla Inc all-electric semi-trucks, the largest order for the big rig so far, as the package delivery company expands its fleet of alternative-fuel vehicles.
Central banks, trade and bubbles threaten the 2018 status quo
LONDON(Reuters) - After a year of relatively healthy global economic growth, economists are predicting pretty much the same for 2018 -- a neither too-hot nor too-cold Goldilocks scenario, but with little sight of the three bears.
Hershey, Campbell bet nearly $6 billion on healthy snacks makers
(Reuters) - Campbell Soup Co and Hershey Co on Monday unveiled deals totaling nearly $6 billion to buy healthy packaged snacks makers, the latest example of big U.S. food companies trying to cater to an increasing American preference for healthy foods.
Greenyard targets U.S. market with talks to acquire Dole Food
(Reuters) - Belgian fresh and frozen foods company Greenyard NV said on Tuesday it was in advanced negotiations to acquire Dole Food Company [DFCI.UL], the world's largest fruit and vegetable producer, confirming a Reuters report.
Boeing-Bombardier spat puts U.S.-Canadian trade deals in spotlight
WASHINGTON (Reuters) - Boeing Co and Bombardier Inc traded barbs on Monday over the U.S. planemaker's claim that its Canadian rival benefited from billions of dollars in illegal government subsidies and dumped its newest jetliner in the United States at below cost.
Shareholders criticize LSE for 'very sorry affair' over CEO spat
LONDON (Reuters) - Shareholders criticized the London Stock Exchange's board on Tuesday for its handling of a row with activist shareholder TCI over the future of the company's senior management.
Amtrak safety record under scrutiny even before deadly derailment
(Reuters) - The fatal derailment of an Amtrak train south of Seattle on Monday is likely to intensify scrutiny of the national passenger railroad company's safety record, which was already under the microscope following a series of fatal incidents.
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