Today's Top News Story

Netflix crosses $100 billion market cap as subscribers surge

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

 

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House passes measure to fund government and end shutdown

WASHINGTON (Reuters) - The U.S. House of Representatives passed a short-term measure on Monday to fund the federal government through Feb. 8 and end a three-day government shutdown. More »

 

Pennsylvania court orders new congressional map due to gerrymandering

(Reuters) - Pennsylvania's top court on Monday threw out the state's congressional map, ruling that Republican legislators unlawfully sought partisan advantage, and gave them three weeks to rework it in a decision that could boost Democratic chances of retaking the U.S. House of Representatives. More »

 

Judge orders U.S. government to seek consent to give data to AT&T, Time Warner

WASHINGTON (Reuters) - The judge hearing the Justice Department's lawsuit to stop AT&T from buying Time Warner ordered the department on Monday to seek permission to give the two companies access to rivals' pricing data. More »

 

Five missing after Oklahoma oil and gas drilling site explosion

HOUSTON (Reuters) - Five workers were missing after a fiery explosion on Monday at an oil and gas drilling site in eastern Oklahoma, officials said. More »

 

Exclusive: Ackman cuts staff, shuns limelight as he seeks to turn around fund

BOSTON (Reuters) - William Ackman is cutting almost a fifth of staff and looking to lower his public profile as he seeks to turn around Pershing Square Capital Management after three straight years of losses, people familiar with the move told Reuters on Monday. More »

 

Bacardi to buy high-end tequila maker Patron in $5.1 billion deal

(Reuters) - Bacardi Ltd said on Monday it would buy high-end tequila maker Patron Spirits International AG in a $5.1 billion deal, hoping to become the second largest spirits company in the United States by market value. More »

 

Reuters reporters accused under Official Secrets Act due in Myanmar court

YANGON (Reuters) - Two Reuters journalists detained in Myanmar are due to appear in court on Tuesday, when a judge could review a bail request for the pair accused of violating the country's colonial-era Official Secrets Act. More »

 

Turkey expects swift campaign against U.S.-backed Kurds in Syria

HASSA, Turkey (Reuters) - Turkey shelled targets in northwest Syria on Monday and said it would swiftly crush U.S.-backed Kurdish YPG fighters in an air and ground offensive on the Afrin region beyond its border. More »

 

Body broker who sold diseased remains is convicted of fraud

WASHINGTON (Reuters) - A Detroit businessman who sold and leased donated body parts for two decades was convicted Monday of defrauding medical customers by selling them diseased human remains. More »

 

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