Reuters - Business Today

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Monday, January 29, 2018

K-Cup owner Keurig grabs Dr Pepper Snapple

(Reuters) - Keurig Green Mountain Inc will buy soda maker Dr Pepper Snapple Group Inc in a deal worth more than $21 billion, bringing the world's biggest single-serve coffee brand K-Cup and beverages such as 7UP, Snapple and Sunkist under one roof.

Wall Street dips at open, Apple weighs

(Reuters) - Wall Street dipped at the open on Monday, easing from record levels hit last week, as a fall in Apple's shares weighed on the three major indexes.

U.S. authorities due to make arrests in futures 'spoofing' probe: sources

WASHINGTON (Reuters) - U.S. authorities were set to arrest several people on Monday in connection with a federal investigation into so-called spoofing and manipulation in the U.S. futures market by three European banks, three people with direct knowledge of the matter told Reuters.

U.S. consumer spending rises; savings drop to 10-year low

WASHINGTON (Reuters) - U.S. consumer spending rose solidly in December as demand for goods and services increased, but the gain came at the expense of savings, which dropped to a 10-year low in a troubling sign for future consumption and economic growth.

Hung out to dry twice, Tennessee city stumped by Trump's washer tariffs

CLARKSVILLE, Tenn. (Reuters) - When President Donald Trump imposed steep tariffs on imported washing machines last week it was a "Not Again" moment for officials in this north Tennessee city that has lost jobs to an international trade dispute before.

Sanofi beats Novo to buy Ablynx for $4.8 billion in biotech M&A boom

PARIS/LONDON (Reuters) - French drugmaker Sanofi has agreed to buy Belgian biotech company Ablynx for 3.9 billion euros ($4.8 billion), beating Novo Nordisk and marking its second big deal this month after buying Bioverativ.

Trump security team sees building U.S. 5G network as option

WASHINGTON (Reuters) - President Donald Trump's national security team is looking at options to counter the threat of China spying on U.S. phone calls that include the government building a super-fast 5G wireless network, a senior administration official said on Sunday.

NAFTA ministers set to announce talks to continue amid optimism

MONTREAL (Reuters) - The United States, Canada and Mexico look set to announce on Monday that talks to revamp the NAFTA trade deal will continue despite major differences that are far from being settled.

VW faces inquiry call over diesel fumes test on monkeys

FRANKFURT (Reuters) - Volkswagen's supervisory board called for an immediate inquiry into who commissioned tests in which monkeys were exposed to toxic diesel fumes, while the German government said such studies were unjustifiable.

Japan raps Coincheck, orders broader checks after $530 million cryptocurrency theft

TOKYO (Reuters) - Japanese authorities said on Monday they would investigate all cryptocurrency exchanges in the country for security gaps and ordered Coincheck to lift its standards after hackers stole $530 million worth of digital money from the Tokyo-based exchange in one of the world's biggest cyberheists.