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Wires

  • WASHINGTON, Jan 18- U.S. House Republicans said late on Thursday they had made progress toward passing a short-term extension of government funding to avert a politically embarrassing shutdown, after a day of tough negotiations and confusion when President Donald Trump offered mixed signals on the stopgap plan. The White House later said the president fully...

  • NEW YORK, Jan 18- U.S. fund investors pulled $3.1 billion from high-yield "junk" bonds during the latest week, Lipper data showed on Thursday, offering new warning signs about risk appetite despite global markets' continuing triumph. "Most of the time we see equity markets rising and also high yield rising," said Tom Roseen, head of research services for Thomson...

  • Oklahoma Wind Coalition Executive Director Mark Yates said in a statement that wind industry representatives are not involved in spying on Republican Rep. The Oklahoma State Bureau of Investigation and Oklahoma County District Attorney David Prater are investigating after McBride found the device Dec 4. Prater said four other GOP legislators...

  • The U.S. Department of Health and Human Services created a new Conscience and Religious Freedom Division within its Office of Civil Rights to enforce the rights of doctors, nurses and others who invoke such objections. James Blumstein, a professor at Vanderbilt Law School in Tennessee, said the administration's plan could remedy what he described as years of...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 22- Jan Belgium OLO auction 23- Jan United States Sale of 2- year notes 23- Jan Spain Auction of 3- and 9- month Treasury bills 23- Jan United Kingdom Auction 0 1/ 8% Index-linked Treasury Gilt 2026 23- Jan Germany Auction of 2- year Treasury notes 24- Jan United States Sale of...

  • LONDON, Jan 19- A focus on fewer diseases, together with cuts in laboratories and staff, has delivered a more than fourfold increase in research productivity at drugmaker AstraZeneca, based on one key measure of success. "All these improvements have happened with less people, less sites and less money," Mene Pangalos, who leads AstraZeneca's Innovative Medicines...

  • NASHVILLE, United States- Federal Reserve Bank of Boston President Raphael Bostic participates in an informal discussion on "Thoughts on the Economy" before a National Regional public affairs forum- 1345 GMT. SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams speaks at the Bay Area Council Economic Institute's 11th Annual Forecast...

  • WASHINGTON, Jan 18- Government agencies were warning U.S. employees on Thursday of a possible federal shutdown at midnight on Friday, as the Republican-controlled Congress and the White House scrambled to pass legislation to keep the lights on in Washington. President Donald Trump, answering reporters' questions at the Pentagon, said on Thursday the U.S....

  • EPS $1.58 vs. estimates of $1.54. The company took a $2.6 billion charge to cover a new one-time repatriation tax on undistributed income of certain non-U.S. units and to adjust the value of its deferred tax assets and liabilities. The $2.6 billion charge includes about $2 billion tax recognized on deemed repatriations of certain overseas earnings and roughly...

  • SAO PAULO, Jan 18- Chile's equities market hit a record intraday high on Thursday, boosted by conglomerate Copec and a better outlook for copper prices, while Argentina's stock index also rose amid heavy interest from international investors. Argentina's smaller Merval index also hit an all-time high after a Tuesday decision by the central bank to cut the...

  • Jan 18- Canadian Pacific Railway Ltd said on Thursday it is weighing strategic deals to boost crude-by-rail shipments in 2018, after reporting fourth-quarter profit that beat analysts' estimates. Canada's second-largest railway said it expects revenue growth in the mid single digits this year, boosted by strong global potash demand, strength in energy and...

  • Jan 18- ADT Inc, a provider of security monitoring services, said on Thursday that its initial public offering was priced at $14 per share, below the expected range of $17 to $19. The company's stock is expected to debut on Friday on the New York Stock Exchange under the symbol "ADT." Handling about 15 million alarms annually, the company is the largest player in the...

  • VANCOUVER, Jan 18- The National Energy Board on Thursday set out a process for resolving permit disputes related to Kinder Morgan Canada's Trans Mountain pipeline expansion project, which has faced repeated delays due to difficulty in obtaining permits. The Trans Mountain expansion, which would nearly triple capacity to 890,000 barrels per day, is hotly...

  • SAN FRANCISCO, Jan 18- Vandals damaged Apple Inc and Alphabet Inc charter buses carrying employees to and from work in California's Silicon Valley in recent days, police said on Thursday. Doug Bloch, a representative for the Teamsters unit, said that only the outer layer of the buses' double-paned windows cracked, suggesting that the projectiles lacked the force...

  • MESTER SAYS PACE OF RATE HIKES SHOULD BE SIMILAR TO 2017, WHEN FED RAISED RATES THREE TIMES.

  • FED'S MESTER SAYS SHE EXPECTS GDP GROWTH OF 2.5 PCT THIS YEAR.

  • MESTER SAYS DIFFICULT TO ESTIMATE LONG-RUN IMPACT ON GROWTH FROM TAX CHANGES.

  • FED'S MESTER SAYS RATE HIKE PATH GIVES INFLATION TIME TO RISE, WHILE AVOIDING BUILDUP OF RISKS.

  • TAX CUTS WILL ADD 0.25 TO 0.5 PCTGE POINT TO GDP GROWTH THIS YEAR AND NEXT, POSSIBLY MORE- FED'S MESTER.

  • FED'S MESTER SEES UNEMPLOYMENT FALLING BELOW 4 PCT THIS YEAR, INFLATION RISING TO 2 PCT IN NEXT ONE TO TWO YEARS.