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Venezuela turns to urban ranching during crisis
Sat, 17 Nov 2018 15:44:02 -0500 - A socialist commune in Venezuela has irked its neighbors after turning a backyard in a wealthy neighborhood into an urban cattle pasture and slaughterhouse in order to sell below market-rate meat during a crippling economic recession.
Facebook hits 20-month low on regulation jitters
Fri, 16 Nov 2018 18:39:08 -0500 - Shares of Facebook tumbled further into bear market territory Friday as investors grew more concerned about the increasing prospect of profit-eating regulations out of Washington.
PG&E shares jump as regulator eases bankruptcy fears
Fri, 16 Nov 2018 17:26:21 -0500 - Shares of embattled utility PG&E Corp jumped as fears it could be bankrupted by the fallout of California's deadly wildfires were eased by support from a regulator. Fred Katayama reports.
U.S. recession 12-18 months away, says Guggenheim's Minerd
Fri, 16 Nov 2018 17:06:15 -0500 - Guggenheim Managing Partner Scott Minerd explains why he thinks the U.S. is heading for a recession and how investors should position their portfolios.
U.S. economy to grow 2-2.5% in 2019, says PIMCO's Fels
Fri, 16 Nov 2018 17:05:46 -0500 - PIMCO Global Economic Advisor Joachim Fels says look for growth in the U.S. to slow in 2019 and the possibility of a recession in 2020. He spoke with us as part of the Reuters Global Investment Outlook Summit.
U.S. economy should continue growing until 2021, says Wien
Fri, 16 Nov 2018 17:05:28 -0500 - Blackstone Private Solutions Group Vice Chairman Byron Wien says he doesn't expect to see the U.S. fall into a recession until 2021 at the earliest. He also expects corporate profits to grow 5-10% in 2019. He spoke with us as part of the Reuters Global Investment Outlook Summit.
China growth will slow sharply as 2019 begins, says TCW's Foley
Fri, 16 Nov 2018 17:05:28 -0500 - TCW Portfolio Manager Penny Foley expects economic output in China to slow considerably to start next year. She discusses her forecast for emerging markets as part of the Reuters Global Investment Outlook Summit
Dow, S&P gain; Nasdaq dips
Fri, 16 Nov 2018 16:48:03 -0500 - Wall Street closed mostly higher on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods. Fred Katayama reports.
FAO Schwarz is back in New York City
Fri, 16 Nov 2018 16:38:51 -0500 - Legendary toy store FAO Schwarz is back in business in Manhattan, holding a ribbon cutting for its new flagship store in Rockefeller Center. Fred Katayama reports.
Pick up international stocks ahead of the G-20 meeting, says Ken Kamen
Fri, 16 Nov 2018 15:13:25 -0500 - Mercadien Asset Management's president tells Reuters' Fred Katayama international stocks are set to bolt higher if the G-20 meeting next week yields progress on U.S.-China trade relations.
Breakingviews TV: Tencent time
Fri, 16 Nov 2018 13:36:05 -0500 - The Chinese tech titan's third-quarter earnings rose 30 percent, defying pessimistic expectations as it weathers a regulatory crackdown on video games. Robyn Mak explains to Pete Sweeney what went right.
VW embarks on $50 bln electrification plan
Fri, 16 Nov 2018 12:00:09 -0500 - Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a huge expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday. As Laura Frykberg reports, the carmaker is set to spend 50 billion dollars as part of its new strategy.
Nordstrom overcharged customers
Fri, 16 Nov 2018 11:37:15 -0500 - Upscale department store chain Nordstrom said it overcharged some of its credit card customers. Issuing refunds and correcting the issue slammed its quarterly profit. Fred Katayama reports.
ECB can change rate path if inflation slows: Draghi
Fri, 16 Nov 2018 11:33:20 -0500 - The European Central Bank can change its plans to start raising interest rates late next year if borrowing costs rise too far or inflation slows, ECB President Mario Draghi said on Friday. David Pollard reports.
Trump absent as ASEAN hears protectionist warnings
Fri, 16 Nov 2018 11:33:15 -0500 - He may not be there, but Donald Trump's influence is keenly felt at this week's summit of Asian nations amid warnings of a 'domino effect' of protectionism throughout the region. The US, meanwhile, has played down hopes that China's written response to demands for trade reforms will trigger a breakthrough at talks between Presidents Trump and Xi Jinping later this month. Pascale Davies reports.
FAO Schwarz makes NYC comeback
Fri, 16 Nov 2018 11:26:54 -0500 - The iconic toy store FAO Schwarz opened at its new location in Rockfeller Plaza on Friday, three years after closing its flagship New York City location. Rough Cut (no reporter narration).
Hard reality for Iran's economic dreams in Syria
Fri, 16 Nov 2018 10:35:39 -0500 - At an Iranian government-owned car plant near Homs, the small number of vehicles on the assembly line underscores the obstacles hobbling Tehran's economic ambitions in Syria. Angus McDowall reports from Homs.
UK stocks, business battered by Brexit turmoil
Fri, 16 Nov 2018 10:09:49 -0500 - The political turmoil over Brexit has buffeted Britain's financial markets. Meanwhile the country's big firms are hoping for the best, but preparing for the worst.
Paris offers crypto firms a deal with the devil
Thu, 15 Nov 2018 14:52:01 -0500 - France wants to make itself a hub for cryptocurrencies like bitcoin. And it has an offer for companies involved: official certification in exchange for taxes and investors' identities
FDA restricts e-cig sales to curb teen use
Thu, 15 Nov 2018 14:09:49 -0500 - The U.S. Food and Drug Administration on Thursday announced sweeping new restrictions on flavored tobacco products, including electronic cigarettes popular among teenagers in an effort to prevent a new generation of nicotine addicts.

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