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Reuters: Top News

Trump says he will not let U.S. become 'migrant camp'
WASHINGTON (Reuters) - U.S. President Donald Trump said on Monday he would not allow the United States to become a "migrant camp" as his administration faced a barrage of criticism for separating immigrant children from their parents at the U.S.-Mexico border.


POSTED JUNE 18, 2018 4:30 PM
How U.S. tax reform rewards companies that shift profit to tax havens
(Reuters) - The corporate tax cut passed by U.S. President Donald Trump and fellow Republicans that was in part designed to help dissuade U.S. companies from moving profits overseas may instead make the practice a lot more rewarding.


POSTED JUNE 18, 2018 2:17 PM
Myanmar officer in Reuters case broke police code by copying statements: lawyer
YANGON (Reuters) - A police witness in the case against two Reuters reporters accused of possessing state secrets in Myanmar is "unreliable," the reporters' lawyer said on Monday, because he obtained testimony from previous witnesses, in violation of police code.


POSTED JUNE 18, 2018 10:17 AM
Trump orders creation of space-focused U.S. military branch
WASHINGTON (Reuters) - U.S. President Donald Trump on Monday said he was ordering the creation of a sixth branch of the military to focus on space, a move critics said could harm the Air Force.


POSTED JUNE 18, 2018 4:16 PM
Trump formally nominates U.S. CFPB director
WASHINGTON (Reuters) - President Donald Trump formally nominated Kathleen Kraninger as Director of the U.S. Consumer Financial Protection Bureau on Monday, according to a White House statement.


POSTED JUNE 18, 2018 2:38 PM
Wall Street ends modestly lower but energy shares rise
NEW YORK (Reuters) - The Dow and S&P fell modestly on Monday, ending well off session lows, as gains in energy shares helped curb declines stemming from trade war concerns after China's retaliation to U.S. tariffs.


POSTED JUNE 18, 2018 5:11 PM
AT&T executive promises fewer ads on newly acquired Time Warner networks
LOS ANGELES (Reuters) - AT&T Inc should be able to reduce the number of commercials on its newly acquired Time Warner networks by using wireless and TV customer data to target personalized advertisements, John Stankey, the longtime AT&T executive who will run the networks, said in an interview on Monday.


POSTED JUNE 18, 2018 4:20 PM
Canada mulls auto firms aid in response to U.S. tariffs threat
OTTAWA (Reuters) - Canada is considering all options, including providing financial aid to the auto industry, to cope up with possible U.S. tariffs, a senior federal minister said, even as officials expressed doubt Washington would follow through with a threat to impose the punitive measures.


POSTED JUNE 18, 2018 3:03 PM
Trump administration seeks to limit court's 'sanctuary cities' order
WASHINGTON (Reuters) - The Trump administration, escalating its fight with so-called sanctuary cities, asked the U.S. Supreme Court on Monday to narrow a lower court's nationwide order preventing the federal government from denying public safety grants to municipalities that limit cooperation on immigration enforcement.


POSTED JUNE 18, 2018 2:48 PM
Head of VW's Audi arrested in Germany over diesel scandal
FRANKFURT (Reuters) - Volkswagen's supervisory suspended crisis talks to find a stand-in boss for its Audi brand which were convened after German authorities arrested current Audi Chief Executive Rupert Stadler as part of a probe into emissions test cheating.


POSTED JUNE 18, 2018 4:09 PM

Business Insurance

Fujifilm sues Xerox after aborted merger


POSTED JUNE 18, 2018 2:30 PM
Lockton appoints president for San Diego operations
The Lockton Cos. L.L.C. said Monday it has named company veteran Sallie Giblin to be president of its San Diego operations.

POSTED JUNE 18, 2018 2:27 PM
Tax reform positive for some offshore captives: Best
The impact of U.S. tax reform is a mixed bag for captive insurers, although it is a positive for offshore captives that have elected to be taxed under the U.S. tax code in some cases, according to a new A.M. Best Co. briefing.

POSTED JUNE 18, 2018 2:16 PM
Everest signs agreement with drone analytics company
Everest National Insurance Co., a unit of Everest Re Group Ltd., said Monday it had signed an agreement with Airware, a drone analytics company.

POSTED JUNE 18, 2018 2:07 PM
Ohio BWC hires new pharmacy benefits manager
The Ohio Bureau of Workers Compensation is set to begin its contract with another pharmacy benefits manager on Nov. 1, a move a spokeswoman told Business Insurance is not directly tied to a report that found its current PBM had been overcharging for generic prescriptions.

POSTED JUNE 18, 2018 12:17 PM
Head of VW’s Audi arrested in Germany over diesel scandal


POSTED JUNE 18, 2018 11:35 AM
Supreme Court mulls Apple commissions in antitrust case
(Reuters) — The U.S. Supreme Court on Monday agreed to take up Apple Inc.'s bid to escape a lawsuit accusing it of breaking federal antitrust laws by monopolizing the market for iPhone software applications and causing consumers to pay more than they should.

POSTED JUNE 18, 2018 11:17 AM
South African insurer hit by cyber extortion attack
(Reuters) — Insurer Liberty Holdings Ltd. faced questions from South Africa's Information Regulator on Monday, a day after the company said it had become the victim of a cyber attack.

POSTED JUNE 18, 2018 10:47 AM
Supreme Court to review scope of investor protection laws
(Reuters) — The U.S. Supreme Court on Monday agreed to hear an appeal by a New York investment banker banned from the industry by the Securities and Exchange Commission in a case that could limit the scope of those who can be held liable under laws protecting investors from securities fraud.

POSTED JUNE 18, 2018 10:39 AM

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