Bhinneka News Online: Breaking business news: Amazon, Berkshire, JPMorgan partner to cut healthcare costs

Tuesday, 30 January 2018

Breaking business news: Amazon, Berkshire, JPMorgan partner to cut healthcare costs

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Tuesday, January 30, 2018

Amazon, Berkshire, JPMorgan partner to cut healthcare costs

(Reuters) - Amazon.com Inc, Berkshire Hathaway and JPMorgan Chase & Co will form a healthcare company aimed at cutting costs for their U.S. employees, they said on Tuesday, sending shares in the broad healthcare sector sharply lower.

U.S. agencies investigate Apple over slowing iPhones: Bloomberg

(Reuters) - The U.S. Department of Justice and the Securities and Exchange Commission are investigating whether Apple Inc violated securities laws concerning its disclosures that it slowed older iPhones with flagging batteries, Bloomberg reported on Tuesday.

U.S. consumer confidence rebounds; house prices march higher

WASHINGTON (Reuters) - U.S consumer confidence rebounded in January and house prices increased further in November, suggesting that a recent acceleration in consumer spending was likely to be sustained despite sluggish wage growth.

Wall St. succumbs to rising bond yields, sinking health stocks

(Reuters) - Rising bond yields and a sell-off in healthcare shares sent the U.S. stock market sliding on Tuesday, with the Dow Jones Industrial Average's 352-point tumble its steepest in eight months.

Reuters News to get $325 million annually under Blackstone offer: sources

LONDON (Reuters) - Blackstone Group LP has agreed that annual payments of $325 million would be made for 30 years to the Reuters News business as part of an offer by the U.S. private equity firm to buy a majority stake in Thomson Reuters' Financial and Risk unit, two sources familiar with the matter said on Tuesday.

Facebook to ban cryptocurrency-related ads

(Reuters) - Facebook Inc said on Tuesday it will ban ads promoting financial products and services tied to cryptocurrencies and initial coin offerings.

Pfizer's new tax rate higher than investors hoped, shares fall

(Reuters) - Pfizer Inc said on Tuesday it expected to pay tax at an adjusted rate of about 17 percent this year, higher than some investors had expected, sending its shares down more than 3 percent.

Exclusive: Coincheck hackers trying to move stolen cryptocurrency - executive

LONDON (Reuters) - Hackers who stole around $530 million worth of cryptocurrency from the Coincheck exchange last week -- one of the biggest such heists ever -- are trying to move the stolen "XEM" coins, the foundation behind the digital currency said on Tuesday.

Qatar Airways agrees to financial disclosures in row with U.S. carriers

(Reuters) - State-owned Qatar Airways has agreed to release detailed financial statements, the U.S. government said on Tuesday, as part of a response to accusations by U.S. airlines that the carrier had been illegally subsidized by its government.

World markets can absorb some trade turbulence as Trump digs in

LONDON/GENEVA (Reuters) - Booming global trade and economic growth have cushioned world markets against the political turbulence of Donald Trump's first year in the White House, but that resilience will be tested if the U.S. president wants protectionism to define 2018.