Daily Investor Update: Brazilian prosecutors ask BNY Mellon unit to return $2.5 billion to local fund

Click to View in Browser Thursday, January 18, 2018 Brazilian prosecutors ask BNY Mellon unit to return $2.5 billion to local fund SAO PAULO (Reuters) - Brazilian prosecutors asked on Thursday that the local unit of Bank of New York Mellon Corp return 8.2 billion reais ($2.56 billion) to local pension fund Postalis, according to a statement. IBM's revenue rises for the first time in nearly six years (Reuters) - International Business Machines Corp's quarterly revenue rose for the first time in nearly six years, largely due to growth in its focus areas such as cloud and security services. Global stocks pause after rally; U.S. bond yields hit 10-month high NEW YORK (Reuters) - A gauge of world stock markets slipped on Thursday, pausing after notching a run of record highs, as a decline in Boeing and interest-rate sensitive sectors such as utilities and real estate weighed on U.S. equities. Exclusive: Boeing willing to preserve Brazil's 'golden share' in Embraer deal BRASILIA (Reuters) - Boeing Co is working to overcome the Brazilian military's objections to its proposed tie-up with Embraer SA with alternatives that would preserve the government's strategic veto rights and ensure safeguards for its defense programs, four people familiar with the matter told Reuters. AmEx posts first loss in 26 years on tax charge, suspends buybacks (Reuters) - American Express Co posted its first quarterly loss in 26 years, due a $2.6 billion charge related to the U.S. tax law overhaul and the credit card issuer also said it would suspend its share buyback program for the first half of 2018. Judge tosses GM settlement on ignition switch NEW YORK (Reuters) - A federal bankruptcy judge on Thursday said a settlement agreement that would require General Motors Co to pay $1 billion in stock to car owners suing the company over faulty ignition switches was not enforceable. Wall St. ends lower as industrial shares weigh NEW YORK (Reuters) - Wall Street ended lower on Thursday as losses in industrial stocks and interest-rate sensitive sectors offset marginal gains in tech stocks. Wells Fargo says resolved payment duplication glitch (Reuters) - Wells Fargo & Co said on Thursday it resolved an internal processing error that resulted in customers' online bill payments being processed twice. WhatsApp inches closer to revenue plan with accounts for businesses SAN FRANCISCO (Reuters) - Messaging application WhatsApp said on Thursday that it would begin allowing business accounts for the first time, a step that brings the free service closer to a plan that would make money for its corporate parent, Facebook Inc . Uber-SoftBank deal has closed, making SoftBank largest shareholder SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber. Related Video NAFTA braces for next talks after Trump threat Wyndham to buy La Quinta for $1.95 bln Related News Bank of America takes tax hit, vows longer-term boost Your estate plan needs an update, even if it is new Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. 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