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Wires

  • WASHINGTON— The treasury secretary says he had no idea that a photo of him and his wife posing with a sheet of newly printed money would go viral. And he says he's not bothered that some commentators suggested the pair looked like James Bond villains. Steven Mnuchin had invited his wife, Louise Linton, to join him for what is usually a routine photo of a treasury...

  • WASHINGTON— Treasury Secretary Steven Mnuchin says he's been having "very good discussions" with Republican senators who oppose or have concerns about tax-cut legislation expected to be voted on after Thanksgiving. Ron Johnson of Wisconsin opposes the measure, saying it doesn't cut business taxes enough for partnerships and corporations.

  • President Donald Trump would not object to removing a provision in a Senate Republican tax plan that would repeal the Obamacare mandate if it "becomes an impediment," White House budget director Mick Mulvaney said on Sunday. Some Republican senators who have been critical of the plan warned that some middle-income taxpayers could see tax cuts wiped out by...

  • NEW YORK— Santa Claus may be coming to town, but you'll need a reservation to see him. At Macy's flagship store in New York, a chance to sit on Saint Nick's lap is by appointment only this year, for the first time ever. Macy's says the system was designed to cut down on wait times that got very long, especially during the busiest days.

  • DAYTON, Ohio— The Air Force Research Laboratory has awarded a nearly $50 million contract to a defense contractor to research ways to protect weapons systems from cyberattacks. The Dayton Daily News reports that Colorado- based Ball Aerospace& Technologies Corp. will conduct the research at Wright-Patterson Air Force Base in southwest Ohio.

  • A prominent neurologist, already charged with groping patients at a Philadelphia clinic, is facing a growing number of accusations that he preyed on especially vulnerable pain patients at medical facilities in three states, using his impressive reputation as a healer to trap women in long-term doctor-patient relationships marked by abuse.

  • BERKELEY, Calif., Nov 18- Brazil's central bank chief Ilan Goldfajn said he expects the U.S. He added that he expects Jerome Powell, nominated by President Donald Trump to succeed Janet Yellen as Fed Chair in February, to continue to raise rates gradually, "and that will be good for emerging markets." Brazil has been cutting its target interest rate to bolster growth...

  • Aware that to some her government looks overwhelmed by the task of delivering Brexit, May needs her finance minister to show voters that she has a handle on Britain's domestic problems like a housing shortage, low productivity and stagnant pay. Opponents seized on the remarks as evidence that Hammond was out of touch with ordinary Britons, and Hammond later...

  • *RWE advised by Bank of America Merrill Lynch- sources. MADRID/ FRANKFURT/ MILAN, Nov 19- German utility RWE is looking at ways to cut its 16.8- billion euro stake in retail business Innogy, several banking sources told Reuters, adding this could involve a deal with Italy's Enel. RWE is being advised by Bank of America Merrill Lynch on its strategic options, while...

  • DUBAI, Nov 19- A Saudi finance ministry budget report released on Sunday put the kingdom's total third quarter revenue at 142.1 billion riyals, up 11 percent year-on-year. Saudi Arabia reported a budget deficit of 48.7 billion riyals in the third quarter. Spending rose to 190.9 billion riyals, an increase of 5 percent year-on-year.

  • BERLIN, Nov 19- Germany's would-be coalition partners appeared to be stalled over the thorny issue of immigration policy on Sunday despite inching closer to agreement on other major sticking points including climate policy. While snags remain on taxes and public finances, the trickiest sticking point concerns immigration, where Merkel's...

  • MADRID/ FRANKFURT/ MILAN, Nov 19- German utility RWE is looking at ways to cut its 16.8- billion euro stake in retail business Innogy, several banking sources told Reuters, adding this could involve a deal with Italy's Enel. RWE is being advised by Bank of America Merrill Lynch on its strategic options, while Enel's advisers include JP Morgan, the people said.

  • HONG KONG, Nov 19- Chinese aircraft leasing company Bohai Capital said on Sunday its Avolon Aerospace Leasing Ltd subsidiary had agreed to buy 55 B737 MAX 8 and 20 B737 MAX 10 aircraft from Boeing, and may order an additional 20 M737 MAX 8, with a total list value of around $11 billion. Bohai Capital said Avolon expected to take delivery of the aircraft between 2021...

  • DUBAI, Nov 19- Middle Eastern stock markets generally fell on Sunday, weighed down by geopolitics and concern about Saudi Arabia's anti-corruption crackdown, while Dana Gas shares sank in Abu Dhabi because of a British High Court ruling on its Islamic bonds. In the last few weeks, geopolitics have become a significant factor for regional markets amid concern...

  • BARCELONA, Spain— Catalonia's secessionist push is nothing short of a "disaster" that the Europe Union will work to impede in support of a unified Spain, the European Commission's president said in comments published Sunday. Spain is facing its worst institutional crisis in nearly four decades after Catalonia's regional parliament violated the Spanish...

  • LONDON, Nov 19- Britain will submit proposals on how to settle its divorce bill with the European Union before an EU summit next month and is expected to negotiate hard, finance minister Philip Hammond said on Sunday. He was speaking three days before he sets out Britain's budget plan, where he will have to find room within tight fiscal constraints to help May...

  • Tightly-controlled studies used to test the safety and effectiveness of new drugs don't always tell the whole story of how well a drug works for the thousands and sometimes millions who later take it. These drug trials often don't often include women, minorities, and patients with additional conditions who are taking different drugs, leaving doctors unsure...

  • TOKYO, Nov 19- Toshiba Corp said it would raise 600 billion yen from a sale of new shares, a key step that would allow the troubled conglomerate to remain a publicly traded company even if the sale of its chip unit is delayed. Toshiba needs to raise 750 billion yen by the end of March to plug a balance sheet hole left by its bankrupt U.S. nuclear power business, or it will be...

  • Aware that to some her government looks overwhelmed by the task of delivering Brexit, May needs her finance minister to show voters that she has a handle on Britain's domestic problems like a housing shortage, low productivity and stagnant pay. He also said the world's fifth-biggest economy was at a turning point after a hard year in what seemed to be an attempt...

  • LONDON, Nov 19- Finance minister Philip Hammond said he was hopeful the main parts of Britain's post-Brexit trade deal with the European Union could be agreed "in principle" by March 2019, when the country is due to leave the EU.