Breaking business news: Spotify makes confidential filing for U.S. IPO: source

Click to View in Browser Wednesday, January 3, 2018 Spotify makes confidential filing for U.S. IPO: source NEW YORK/SAN FRANCISCO (Reuters) - Music streaming service Spotify has filed confidentially with U.S. regulators for an initial public offering and is targeting a direct listing in the first half of 2018 that would allow some longtime investors to cash out, a source familiar with the matter said on Wednesday. Uber is sued over payment for mobile ads it called fraudulent (Reuters) - A British mobile advertising agency has sued Uber Technologies Inc [UBER.UL] to force the ride-hailing company to pay millions of dollars of bills that Uber had refused to pay after claiming that ads being generated were fraudulent. Tesla's Model 3 deliveries fall short of estimates (Reuters) - Tesla Inc delivered 1,550 of its new Model 3 electric cars in the fourth quarter, missing Wall Street expectations as it tries to overcome production issues that have hampered the roll out of its most affordable sedan. Fed policymakers see future rate rises guided by inflation, fiscal stimulus WASHINGTON (Reuters) - U.S. Federal Reserve policymakers showed worry over the fate of currently low inflation and saw recent tax changes as providing a boost to consumer spending, according to the minutes of the U.S. central bank's last policy meeting on Dec. 12-13 released on Wednesday. Wall Street ends higher on strong economic data (Reuters) - The S&P 500 index rose above 2,700 for the first time on Wednesday and other major indexes hit record highs as technology stocks climbed amid indications of robust economic growth in the United States and overseas. Apple's battery replacement offer to reduce 2018 iPhone sales: Barclays (Reuters) - Apple Inc's offer to replace flagging batteries at a slashed rate could be a hurdle for iPhone unit sales in 2018 if more users take the deal over upgrading to a new device, Barclays analysts write in a note. AmEx to post fourth-quarter loss on $2.4 billion hit from tax legislation (Reuters) - American Express Co said it expects to report a fourth-quarter loss due to a $2.4 billion hit from the tax legislation which makes it cheaper for U.S. companies to repatriate profits. SEC mixes message on Apple shareholder proposals, activists say BOSTON (Reuters) - Apple Inc was allowed to disregard one activist shareholder proposal on greenhouse gas emissions but told to hold a vote on another concerning human rights issues, in closely watched securities rulings that tested new guidance from U.S regulators. Petrobras to pay $2.95 billion to settle U.S. corruption lawsuit NEW YORK (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA on Wednesday agreed to pay $2.95 billion to settle a U.S. class action corruption lawsuit, in what was said to be the biggest such payout in the United States by a foreign entity. Intel working to fix security flaw in its chips without slowing computers FRANKFURT/SAN FRANCISCO (Reuters) - Intel Corp on Wednesday acknowledged a report that a design flaw in its chips could let hackers steal data but said that it was working on a solution that would not significantly slow computers. Related Video Petrobras to pay $2.95 bln in U.S. class action Amazon, Google cut speaker prices 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