Today's Top News Story

Trump slaps steep U.S. tariffs on imported washers, solar panels

WASHINGTON/LOS ANGELES (Reuters) - U.S. President Donald Trump slapped steep tariffs on imported washing machines and solar panels on Monday, giving a boost to Whirlpool Corp and dealing a setback to the renewable energy industry in the first of several potential trade restrictions. Read More

 

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As U.S. goes quiet on close naval patrols, China speaks out

HONG KONG/BEIJING (Reuters) - While the Pentagon plays down patrols close to Chinese-controlled reefs and islands in the South China Sea, Beijing is sounding the alarm about them, seeking to justify what experts say will be an even greater presence in the disputed region. More »

 

UK regulator puts brake on Murdoch's $15.7 billion Sky deal

LONDON (Reuters) - Rupert Murdoch's $15.7 billion takeover of Sky is not in the public interest and should be blocked unless a way is found to prevent the media tycoon from influencing the network's news output, Britain's regulator said. More »

 

Government shutdown fizzles on spending, immigration deal in Congress

WASHINGTON (Reuters) - Congress voted on Monday to end a three-day U.S. government shutdown, approving the latest short-term funding bill as Democrats accepted promises from Republicans for a broad debate later on the future of young illegal immigrants. More »

 

Fed nominee Goodfriend, fan of negative rates, could roil debate

WASHINGTON (Reuters) - Republicans on Capitol Hill, who this week are to begin considering economist Marvin Goodfriend for a Federal Reserve board seat, will find much they like in his criticism of Fed bond buying, support for low inflation, and agreement that Congress should put tighter limits on the central bank. More »

 

Verizon quarterly profit jumps, helped by tax reform

NEW YORK (Reuters) - Verizon Communications Inc on Tuesday reported a jump in quarterly profit, helped by tax reform and the addition of phone subscribers. More »

 

Police sought Secrets Act probe of Reuters reporters an hour after their arrest

YANGON (Reuters) - Myanmar police sought permission from the nation's president to go ahead with an investigation into whether two Reuters journalists had breached the Official Secrets Act only an hour after arresting them last month, a Yangon court heard on Tuesday. More »

 

Musk may get no salary unless Tesla hits milestones

(Reuters) - Silicon valley billionaire Elon Musk will get no salary or cash bonuses from Tesla Inc and all his compensation as Chief Executive of the electric car maker will be tied to stock and operational milestones, the company said on Tuesday. More »

 

Netflix crosses $100 billion market capitalization as subscribers surge

(Reuters) - Netflix Inc snagged 2 million more subscribers than Wall Street expected in the final three months of 2017, tripling profits at the online video service that is burning money on new programming to dominate internet television around the world. More »

 

Singer Neil Diamond diagnosed with Parkinson's disease, to retire from touring

(Reuters) - U.S. singer-songwriter Neil Diamond, one of pop music's all-time best-selling artists, has been diagnosed with Parkinson's disease and plans to retire from touring, his official website said on Monday. More »

 

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