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Reuters
Friday August 18, 2017 @ 01:27:13 PM mt

Trump fires Bannon



President Donald Trump fired chief strategist Steve Bannon on Friday, the White House announced, ending the turbulent tenure of a rabble-rousing conservative media entrepreneur and political activist who was a darling of Trump's base.

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Reuters
Friday August 18, 2017 @ 01:12:05 PM mt

White House lawyer Cobb predicts quick end to Mueller probe



(Reuters) - The White House lawyer brought in to deal with special counsel Robert Muellers investigation into Russian meddling in the 2016 election said he believed the focus of the probe was "narrow" and the aspects related to President Donald Trump should be completed before the end of the year.

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Reuters
Friday August 18, 2017 @ 01:12:05 PM mt

Romania negotiating to buy U.S. rocket systems worth 1.25 billion: Pentagon



WASHINGTON (Reuters) - The U.S. State Department has approved the sale of mobile artillery rocket systems to Romania worth up to $1.25 billion, the Defense Security Cooperation Agency said on Friday.

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Reuters
Friday August 18, 2017 @ 01:04:42 PM mt

Breakingviews TV: Ackmans ADP bomb



Investors panned the Pershing Square bosss argument for shaking up the payroll outsourcer. Rob Cyran and Tom Buerkle discuss how a lack of clear, deliverable targets undermined his case.

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Reuters
Friday August 18, 2017 @ 12:17:58 PM mt

Wells Fargo troubles shift from phony accounts it opened to real accounts it closed



(Reuters) - After paying customers millions of dollars for opening phony accounts they did not want, Wells Fargo & Co has said it is now grappling with the possibility it harmed customers by closing real accounts they needed, leaving them without access to funds.

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Reuters
Friday August 18, 2017 @ 12:17:57 PM mt

Stability concerns focus at Fed ahead of Yellen speech



WASHINGTON (Reuters) - The stock market's steady rise, still low long-term bond yields and a sagging dollar are girding the Fed's intent to raise interest rates again this year despite concerns about weak inflation, according to comments this week from Fed officials and analysts anticipating remarks next week by Chair Janet Yellen.

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Reuters
Friday August 18, 2017 @ 12:17:28 PM mt

Trump fires adviser Bannon



WASHINGTON/HAGERSTOWN, Md. (Reuters) - President Donald Trump fired chief strategist Steve Bannon on Friday, the White House announced, ending the turbulent tenure of a rabble-rousing conservative media entrepreneur and political activist who was a darling of Trump's base.

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Reuters
Friday August 18, 2017 @ 11:51:02 AM mt

Big city biotechs decamp for suburbs as property costs rise



NEW YORK (Reuters) - The biotech industry is facing high rents and tight lab space in Boston, New York and San Francisco, forcing companies into the suburbs in a sign the "live, work and play" movement into big cities may have hit a roadblock.

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Reuters
Friday August 18, 2017 @ 11:51:02 AM mt

Ranchers in parched U.S. Northern Plains welcome hay lottery



(Reuters) - Hundreds of livestock ranchers in the drought-stricken U.S. Northern Plains are embracing what organizers say is the first lottery designed to provide some much-needed relief to their operations.

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Reuters
Friday August 18, 2017 @ 11:51:02 AM mt

SEC drops case against ex-JPMorgan traders over 'London Whale'



NEW YORK (Reuters) - The top U.S. securities regulator on Friday dropped its civil lawsuit accusing two former JPMorgan Chase & Co traders of trying to hide some of the bank's $6.2 billion of losses tied to the 2012 "London Whale" scandal.

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