Today's Top News Story

As Trump heads to Davos, survey points to rising risk of war

BERLIN (Reuters) - The risk of political and economic confrontations between major powers, including outright military conflicts, has risen sharply, according to a survey released by the World Economic Forum (WEF) days before its annual gathering in Davos. Read More

 

More Top Stories

Exclusive: J&J attracts Chinese interest for diabetes business in potential $3-4 billion deal - sources

HONG KONG (Reuters) - Chinese bidders are circling a diabetes care business owned by the world's largest healthcare company Johnson & Johnson in a deal that could fetch up to $4 billion, five people with direct knowledge told Reuters. More »

 

Former Trump aide Bannon refuses to comply with House subpoena

WASHINGTON (Reuters) - President Donald Trump's former chief strategist Steve Bannon declined on Tuesday to comply with a subpoena ordering him to answer questions from a U.S. House intelligence panel about his time at the White House as part of its investigation into allegations of Russian interference in the U.S. election. More »

 

Bitcoin slumps to $10,000, half its peak price, as regulatory fears grow

LONDON/TOKYO (Reuters) - Bitcoin skidded a further 12 percent on Wednesday, marking an almost halving in value from its peak price, with investors spooked by fears regulators could clamp down on the volatile cryptocurrency that skyrocketed last year. More »

 

Goldman posts first quarterly loss in 6 years on tax hit; trading slumps

(Reuters) - Goldman Sachs Inc on Wednesday posted its first quarterly loss in six years on a huge tax charge but adjusted profit trumped analysts' estimates, as strength in the investment banking business cushioned the blow from a slump in trading. More »

 

#MeToo effect: Calls flood U.S. sexual assault hotlines

WASHINGTON (Reuters) - The phones at U.S. sexual assault hotlines have been ringing in record numbers as the #MeToo social movement spurs victims to reach out for help, sending organizations scrambling to keep up. More »

 

Koreas to form unified ice hockey team, march together in Olympics

SEOUL (Reuters) - The two Koreas will field a combined women's ice hockey team and march together under one flag at next month's Winter Olympics in the South, Seoul said on Wednesday, after a new round of talks amid a thaw in cross-border ties. More »

 

Wall Street opens higher as tech stocks gain

(Reuters) - Wall Street's main indexes opened higher on Wednesday, led by gains in technology stocks including Microsoft and IBM. More »

 

Euro surge threatens profitable bond trades

LONDON (Reuters) - The euro's sizzling January rally is undermining one of the most profitable bond market trades of recent years by potentially raising hedging costs and thereby eroding profits of overseas investors. More »

 

21 states sue to keep net neutrality as Senate Democrats reach 50 votes

(Reuters) - A group of 21 U.S. state attorneys general filed suit to challenge the Federal Communications Commission's decision to do away with net neutrality on Tuesday while Democrats said they needed just one more vote in the Senate to repeal the FCC ruling. More »

 

News, Photo and Web Search