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Top News & Analysis North America

  • *UK palladium shipments to Hong Kong rise in Jan- Nov 2017. LONDON/ BENGALURU, Jan 22- Flows of palladium out of UK stocks to Hong Kong are picking up as demand from Asian industry grows, pointing to a tightening market that could keep record-high prices on the boil. "There is a premium over London or Zurich which makes it profitable to ship metal to China or Hong Kong,"...

  • Jan 21- Philadelphia Energy Solutions LLC, the owner of the largest U.S. East Coast oil refining complex, announced to its employees on Sunday that it plans to file for Chapter 11 bankruptcy, according to an internal memo reviewed by Reuters. The company has secured access to $260 million in new financing, and said it expected the filing to have no immediate impact...

  • Jan 21- U.S. lawmakers struggled on Sunday to reach a breakthrough during the second day of a government shutdown. The last shutdown, in October 2013, lasted more than two weeks and more than 800,000 federal employees were furloughed. MILITARY: The Defense Department says a shutdown would not affect the U.S. military's war in Afghanistan or its operations against...

  • LIMA, Jan 21- Pope Francis celebrated an open air Mass for more than 1 million people on Sunday, ending a trip to Chile and Peru marked by tough talk on political corruption but a backlash over what many see as his insufficient resolve to tackle sexual abuse in the Church. The Catholic Church's record on sexual abuse loomed large in both countries, but mostly in Chile,...

  • More than a year after it introduced the concept, Amazon is opening its artificial intelligence-powered Amazon Go store in downtown Seattle on Monday. The store on the bottom floor of the company's Seattle headquarters allows shoppers to scan their smartphone with the Amazon Go app at a turnstile, pick out the items they want and leave. At about 1,800 square...

  • A U.S. government shutdown that has forced scores of federal agencies and outposts to close their doors has prompted the New York state government to step in and pay to open the Statue of Liberty and Ellis Island for visitors. Andrew Cuomo says his state will spend $65,000 a day beginning Monday for the federal employees who operate the sites, which have been...

  • SAN FRANCISCO, Jan 19- Netflix Inc's quarterly results on Monday may offer an advanced preview of whether Facebook Inc, Amazon.com Inc and other heavyweights behind much of the U.S. stock market's record-breaking rally can keep delivering. Wall Street on Friday shrugged off a looming U.S. government shutdown and propelled the S&P 500 to a record high as...

  • Wall Street on Friday shrugged off the then looming U.S. government shutdown and propelled the benchmark S&P 500 stock index to a record high as investors focused on upcoming quarterly reports. But the U.S. Congress was not able to pass stop-gap spending legislation by the midnight Friday deadline leading to the start of a federal government shutdown of many...

  • *Decision moves Germany closer to stable government. BONN, Jan 21- Germany's Social Democrats voted on Sunday to begin formal coalition talks with Chancellor Angela Merkel's conservatives, moving Europe's economic powerhouse closer to a stable government after months of political deadlock. "We are of course all relieved," SPD leader Martin Schulz told...

  • CAMARILLO, Calif.— The average price of a gallon of regular-grade gasoline jumped 4 cents nationally over the past two weeks to $2.58. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the increase is due to higher crude oil costs. Gas in San Francisco was the highest in the contiguous United States at an average of $3.26 a gallon.

  • LOS ANGELES, Jan 21,- Sony's "Jumanji: Welcome to the Jungle" has won its third weekend box office title with ease, topping newcomers "12 Strong" and "Den of Thieves," with $20 million at 3,704 North American locations. Afghan war drama "12 Strong" took second with $16.5 million at 3,002 sites for Warner Bros. and STXfilms' "Den of Thieves" followed with $15.3 million from 2,432...

  • NEW YORK— Many everyday appliances are connecting to the internet these days, allowing people to control them with apps and voice commands. More homes are embracing this, especially as people get comfortable using smart speakers such as the Amazon Echo and Google Home. SmartThings' founder and CEO, Alex Hawkinson, spoke with The Associated Press recently about...

  • *Decision moves Germany closer to stable government. BONN, Jan 21- Germany's Social Democrats voted on Sunday to begin formal coalition talks with Chancellor Angela Merkel's conservatives, moving Europe's economic powerhouse closer to a stable government after months of political deadlock. "We are of course all relieved," SPD leader Martin Schulz told...

  • "Jumanji," starring Dwayne Johnson and Kevin Hart, sold $20 million in tickets, according to studio estimates Sunday, bringing its five-week domestic total to $317 million. The Warner Bros. release, produced by Jerry Bruckheimer, is a fact-based tale, adapted from Doug Stanton's best-seller "Horse Soldiers," about a group of Special Forces soldiers sent into...

  • KABUL, Jan 21- Gunmen in army uniforms who stormed Kabul's Intercontinental Hotel late on Saturday and battled Afghan Special Forces through the night killed more than 30 people and wounded many more, although the final toll of dead and wounded may still be higher. Wahid Majroh, a spokesman for the ministry of public health, said that 19 bodies had been brought...

  • KABUL, Jan 21- Gunmen in army uniforms who stormed Kabul's Intercontinental Hotel late on Saturday and battled Afghan Special Forces through the night killed at least 19 people and wounded 12 more, although the final toll of dead and wounded may still be higher. Local airline Kam Air said around 40 of its pilots and air crew, many of whom are foreigners, were staying...

  • SEATTLE, Jan 21- Amazon.com Inc will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail. The Seattle store, known as Amazon Go, relies on cameras and sensors to track what shoppers remove from the shelves, and what...

  • KABUL, Jan 21- Gunmen in army uniforms who stormed Kabul's Intercontinental Hotel on Saturday and battled Afghan Special Forces for 13 hours overnight caused heavy casualties among hotel guests and staff, with the total number of dead and wounded still not known. Interior Ministry spokesman Najib Danesh said at least five people- four Afghans and one...

  • As the Senate appears to inch closer to an agreement to end a shutdown, the White House says President Donald Trump won't budge on his demand that Democrats vote to reopen the government before negotiating on immigration policy. White House spokeswoman Sarah Huckabee Sanders accuses Democrats of trying to distract from Trump's first-year accomplishments...

  • KABUL, Jan 21- Gunmen dressed in army uniforms who stormed Kabul's Intercontinental Hotel battled Afghan Special Forces for 13 hours in an overnight siege that caused heavy casualties among hotel guests, officials and witnesses said on Sunday. The Taliban claimed responsibility for the attack, which saw more than 150 guests flee as parts of the building...