×

Wires

  • DETROIT— A new report issued Friday says auto companies have replaced only 57 percent of potentially deadly Takata air bag inflators, even though recalls have been under way for more than 15 years. The report by an independent monitor appointed to keep tabs on the recalls also says that auto companies are only about halfway toward a Dec. 31 goal of 100 percent...

  • *Wall St off, weighed by tax uncertainty ahead of Thanksgiving. NEW YORK, Nov 17- The U.S. dollar was lower on Friday along with Wall Street stocks as investors pulled back from technology stocks and were skeptical President Donald Trump's Republican party would succeed in its efforts at overhauling U.S. tax law. But the celebration was short-lived as the focus...

  • NEW YORK, Nov 17- U.S. Treasury yields edged lower on Friday, in line with weakness on Wall Street and declines in German 10- year bond yields, as the yield curve continued to flatten following strong U.S. housing starts data for October. "The front end of the curve is building in the greater and greater probability of Fed rate hikes," said Tom Simons, money market...

  • NEW YORK, Nov 17- The head of Puerto Rico's indebted utility has resigned following criticism of the slow restoration of power to the island after Hurricane Maria, the U.S. territory's governor said. Ricardo Ramos, who was named head of the Puerto Rico Electric Power Authority in 2016, was also criticized over controversial contracts. "I am hoping they do it as...

  • SAN FRANCISCO, Nov 17- Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said on Friday, missing the holiday shopping season as the market for such devices becomes increasingly competitive. We'll start shipping in the U.S., UK and Australia in early 2018, "an Apple spokeswoman said via email.

  • "With the ultimate fate of tax reform in Congress in serious doubt and the Alabama Senate race threatening to narrow the already wafer-thin GOP majority, sentiment has turned sharply against the dollar, which may finally allow gold to test key medium-term resistance at $1,310 early next week," said Tai Wong, head of base and precious metals trading at BMO Capital...

  • NEW YORK, Nov 17- Wall Street was set to end the week on a muted note on Friday, with major indexes slipping modestly, as investors weighed the fate of the Republicans' tax cut plan. Investors have been hopeful that a tax bill under debate in Congress will boost corporate earnings and further fuel the stock market's record-setting run. "Everybody is looking at that tax...

  • SAN FRANCISCO— Apple is scrapping its plan to release its new internet-connected speaker in time for the holiday season. The delay announced Friday means Apple's HomePod speaker won't be available in the U.S., U.K. and Australia until early next year. Apple intended to release the $349 HomePod in early December so it could be on holiday shopping lists and compete...

  • CANADIAN GROCERY CHAIN LOBLAW COS SAYS HAS PLACED ORDER FOR 25 ELECTRIC TRUCKS FROM TESLA INC.

  • Too Good at Goodbyes, Sam Smith. Look What You Made Me Do, Taylor Swift. The Thrill of It All, Sam Smith.

  • CALGARY, Alberta/ LINCOLN, Nebraska, Nov 17- The crude oil spill on the Keystone pipeline in South Dakota will take months to clean up, a state official said on Friday, just days before Nebraska was due to decide on another pipeline project by the owner, TransCanada Corp.. Keystone carries 590,000 barrels per day of crude from Alberta's oil sands to markets in the...

  • People have overlooked technology in terms of dividends and the changes some companies have made regarding the cash they generate, Van Valen told the Reuters Global Investment 2018 Outlook Summit in New York. The company targets free cash flow to be somewhere in the range of 20 percent to 30 percent of their revenue, said Van Valen, who helps oversee Epoch's U.S....

  • Nov 17- Recreational marijuana is on track to be legalized in Canada by July 2018, making Canada the first Group of Seven country to allow the drug nationwide and the second in the world after Uruguay. The following are details of some key factors of how legal marijuana is shaping up in Canada. In Ontario, Quebec and New Brunswick, cannabis sales will be run by...

  • TORONTO, Nov 17- A former Canadian police chief and several colleagues who fought against making marijuana use legal have switched sides and embraced the looming legalization of cannabis with a leap into business. The most high profile is Julian Fantino, a former Toronto police chief and Conservative cabinet minister who fought against the legalization of...

  • Nov 17- The U.S. Federal Aviation Administration on Friday said it had approved a request by AT&T Inc to use a new drone known as the Flying Cow or Cell on Wings to help restore cellular service in Puerto Rico in the wake of Hurricane Maria. The Pulse Vapor 55 drone functions like a cell tower in the sky, providing voice, data and internet service, the FAA said.

  • FRANKFURT, Nov 17- Germany's financial watchdog will take no action after ending an investigation into whether China's HNA and Qatar's royal family were working together on their investments in Deutsche Bank, a person familiar with the matter said. Both Qatar and HNA have been granted a seat on the Deutsche Bank board. Deutsche Bank and HNA declined to comment,...

  • NEW YORK— Since The New York Times published allegations of sexual harassment and assault against Hollywood mogul Harvey Weinstein in October, multiple men in entertainment, media and politics in the U.S. and beyond have faced allegations ranging from sexual misconduct to rape. Fired by The Weinstein Co. and expelled from various professional guilds.

  • NEW YORK, Nov 17- The head of Puerto Rico's indebted utility has resigned following criticism of the slow restoration of power to the island after Hurricane Maria, the U.S. territory's governor said. Ricardo Ramos, who was named head of the Puerto Rico Electric Power Authority in 2016, was also criticized over controversial contracts. That is totally...

  • LONDON, Nov 17- Asian spot liquefied natural gas rose this week as state-run Korea Gas Corp purchased around 10 shipments for winter and outages curbed supply. Korea Gas Corp, or Kogas, purchased at least 10 cargoes in the past week for January delivery at prices in the high $9 per mmBtu level with Vitol, Engie, Petronas and Royal Dutch Shell closing sales deals, a...

  • *Parties set for talks running into weekend. BERLIN, Nov 17- Germany's would-be coalition partners continued talks on Friday after all-night negotiations failed to produce a breakthrough, with Chancellor Angela Merkel's conservatives saying they would compromise further on climate change policies to secure a deal. Volker Kauder, the parliamentary floor...