Breaking business news: Whipsawed by Washington, Wall Street ends modestly lower

Click to View in Browser Friday, December 1, 2017 Whipsawed by Washington, Wall Street ends modestly lower (Reuters) - Wall Street fell on Friday, whipsawed by developments with a probe into Russia's alleged involvement in the U.S. election as well as with progress on a tax bill in Congress. Exclusive: CVS eyes major expansion of health clinics with Aetna deal - sources NEW YORK (Reuters) - CVS Health Corp is planning to significantly expand health services at its retail pharmacies if it completes a more than $66 billion deal for insurer Aetna Inc , a move that could save more than $1 billion annually, people familiar with the matter said. Bitcoin rebounds to $10,500 after U.S. regulator approves futures LONDON (Reuters) - Bitcoin rebounded on Friday to hit the day's highs above $10,500, recovering from an earlier dip below $9,500, after the U.S. derivatives regulator said it would allow CME Group and CBOE Global Markets to list bitcoin futures. Sale of the century? $300-billion Saudi state sell-off moves slowly DUBAI/RIYADH (Reuters) - Saudi Arabia's $300-billion privatization program was billed as the sale of the century when Crown Prince Mohammed bin Salman unveiled his plan to great fanfare. Nineteen months later, it is moving at a snail's pace, bankers, investors and analysts familiar with the process say. New York Times cuts number of free articles on website (Reuters) - The New York Times on Friday reduced the number of free articles it will offer most non-subscribers to five from 10 in an effort to make more money from readers. In a push upmarket, Wells Fargo gives top brokers raises in 2018 NEW YORK (Reuters) - Wells Fargo & Co is giving its top brokers and advisory teams as much as a $40,000 raise next year in a broad strategy to go after wealthier clients, company executives said Friday. Political risk on Wall Street? Buy the dip! SAN FRANCISCO (Reuters) - An abrupt stock selloff on Friday, sparked by a report that magnified concerns about President Donald Trump's potential links with Russia, prompted Wall Street's favorite reaction in recent months: "Buy the dip." Three Uber security managers resign after CEO criticizes practices SAN FRANCISCO/WASHINGTON (Reuters) - Three senior managers in Uber Technologies Inc's security unit resigned on Friday, an Uber spokesperson said, days after the company's new chief executive officer disclosed a massive data breach and criticized past practices. Exclusive: Tezos founders push for legal bailout from Swiss foundation NEW YORK/ZURICH (Reuters) - The couple behind the embattled Tezos cryptocurrency tech project wants the Swiss-based Tezos Foundation to cover their costs for lawsuits accusing them of fraud related to an online fundraiser it ran, people familiar with the matter told Reuters. Exclusive: VW in talks to buy stake in Russia's GAZ - sources MOSCOW (Reuters) - German carmaker Volkswagen is in talks to buy a stake in GAZ , a Russian manufacturer of light commercial vehicles (LCV), five sources familiar with the talks told Reuters. Related Video Macy's ups seasonal hiring U.S. regulator to allow CME, CBOE to list bitcoin futures 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