Breaking business news: Netflix lifts S&P, Nasdaq; J&J, Procter hold Dow in check

Click to View in Browser Tuesday, January 23, 2018 Netflix lifts S&P, Nasdaq; J&J, Procter hold Dow in check NEW YORK (Reuters) - U.S. stocks advanced on Tuesday, as strong results from Netflix helped lift the S&P and Nasdaq Composite, but the Dow Industrials were hemmed in by declines in Johnson & Johnson and Procter & Gamble. Trump signs solar panel tariff, angering U.S. installers WASHINGTON/LOS ANGELES (Reuters) - U.S. President Donald Trump signed into law a steep tariff on imported solar panels on Tuesday, a move billed as a way to protect American jobs but which the solar industry said would lead to thousands of layoffs and raise consumer prices. Texas Instruments fails to beat earnings estimates, shares fall (Reuters) - Chipmaker Texas Instruments Inc's fourth-quarter earnings failed to exceed Wall Street expectations after several quarters of better-than-expected results, sending its shares down 5 percent on Tuesday. J&J takes $13.6 billion charge related to new U.S. tax law (Reuters) - Healthcare conglomerate Johnson & Johnson on Tuesday took a $13.6-billion charge related to the new U.S. tax law and plans to bring back billions of dollars from overseas immediately. NYSE sees no need to 'bend over backwards' to woo Aramco IPO DAVOS, Switzerland (Reuters) - The New York Stock Exchange took a swipe on Tuesday at its London rival in their battle to attract the foreign listing of shares in oil giant Saudi Aramco, saying it didn't need to "bend over backwards" to lure what could be the world's biggest IPO. NAFTA negotiators open key round of talks; Trump cites progress MONTREAL (Reuters) - U.S., Canadian and Mexican officials opened a key round of negotiations to modernize NAFTA on Tuesday as President Donald Trump, who has regularly threatened to quit the trade pact, said the talks were going "pretty well." United Airlines profit up on higher fares, last-minute purchases NEW YORK (Reuters) - United Continental Holdings Inc reported a higher quarterly profit on Tuesday, helped by higher fares and more last-minute ticket purchases. Facebook buys Boston software company that authenticates IDs: source NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc is buying Boston-based software company Confirm Inc, which specializes in authenticating government-issued identification cards, a person familiar with the acquisition said on Tuesday. SandRidge Energy rejects Icahn's proposal to replace directors (Reuters) - SandRidge Energy Inc said on Tuesday it was not in the shale oil producer's best interest to accept activist investor Carl Icahn's proposal to replace two of its five directors. Qualcomm set to be fined by EU antitrust regulators: FT (Reuters) - The European Union is set to fine U.S. chipmaker Qualcomm Inc for taking advantage of its dominance when it paid Apple Inc to use its chips exclusively in Apple mobile devices, The Financial Times reported on Tuesday. Related Video Russian VC funds set up shop in Silicon Valley Too early to shift to small caps, says Phil Blancato 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 2018 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