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Business News Update

Reuters: Business News

Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
  • (Reuters) - Lockheed Martin Corp , whose F-35 fighter program has been criticized by President Donald Trump as too expensive, posted a 19.4 percent rise in quarterly sales, helped by higher revenue from the F-35 and Sikorsky helicopters businesses.

  • (Reuters) - U.S. stock index futures were little changed on Tuesday as investors assessed quarterly earnings reports, while seeking more clarity on President Donald Trump's economic policies.

  • (Reuters) - Verizon Communications IncĀ , whose deal to buy Yahoo Inc's core assets has been cast into doubt by data breaches at the internet company, added fewer subscribers than expected in the latest quarter amid stiff competition from smaller rivals T-Mobile U.S. Inc and Sprint Corp .

  • (Reuters) - Alibaba Group Holding Ltd on Tuesday posted a 54 percent rise in third-quarter revenue, beating analyst estimates, helped by higher sales during its Single's Day shopping event and increased earnings in its cloud and digital media ventures.

  • (Reuters) - Whirlpool Corp said on Tuesday it would restructure its Europe, Middle East and Africa dryer manufacturing operations, and cut about 500 jobs in the region.

  • WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday will push the chief executives of General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles NV to increase production in the United States and boost American employment.

  • (Reuters) - Chemicals and seeds producer DuPont said on Tuesday it expected its merger with Dow Chemical Co to close in the first half of the year, suggesting it will take longer than previously estimated to win approvals for the $130 billion deal.

  • WELLINGTON/TOKYO (Reuters) - Australia and New Zealand said on Tuesday they hope to salvage the Trans-Pacific Partnership (TPP) by encouraging China and other Asian countries to join the trade pact after U.S. President Donald Trump kept a promise to abandon the accord.

  • JAKARTA (Reuters) - Goldman Sachs filed a $1 billion counter lawsuit on Tuesday against an Indonesian businessman who is seeking damages from the U.S. bank for conducting what he called "unlawful" trades in the shares of a property firm.

  • WASHINGTON (Reuters) - Volkswagen AG's dealers will receive an average of $1.85 million in a $1.2 billion settlement approved by a U.S. judge on Monday over its diesel emissions scandal.

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