Anthem and Blue Crosses loom large in Obamacare talks
NEW YORK (Reuters) – Anthem Inc. and other U.S. health insurers complained to the White House for more than a year that they were losing money on people who waited to sign up for Obamacare coverage until they were sick.
Exclusive: Wal-Mart launches new front in U.S. price war, targets Aldi in grocery aisle
(Reuters) – Wal-Mart Stores Inc is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi and other U.S. rivals like Kroge…
U.S. blockchain, securitization industry groups join forces
NEW YORK (Reuters) – The lobby group for Wall Street’s structured finance companies has partnered with the trade association for the blockchain industry to explore ways blockchain technology can streamline the $1.9 trillion U.S. securitization market.
Trump budget plan boosts Pentagon, trims State Dept, EPA: officials
WASHINGTON (Reuters) – The White House will send federal departments a budget proposal on Monday containing the defense spending increase President Donald Trump promised, financed partly by cuts to the U.S. State Department, Environmental Protection Ag…
French yields fall as political jitters ease, world stocks mixed
LONDON (Reuters) – French 10-year bond yields hit a one-month low on Monday, pushing other euro zone sovereign yields lower, while a more cautious mood hung over world stock markets and the dollar, both of which struggled for clear direction.
SoftBank nears deal to invest $3 billion in U.S. startup WeWork: CNBC
TOKYO/HONG KONG (Reuters) – Japan’s SoftBank Group Corp is close to making an investment in U.S. office-sharing startup WeWork expected to be worth over $3 billion, CNBC reported on Monday, as it expands its reach beyond tech and telecoms.
Funds prepare $2 billion oil market play as supply tightens
NEW YORK (Reuters) – Passive investment funds are poised to shift an estimated $2 billion from far-term to near-term crude futures over the next week, anticipating an energy market rally as a historic OPEC output cut slashes supply.
Trump administration re-evaluating self-driving car guidance
WASHINGTON (Reuters) – U.S. Transportation Secretary Elaine Chao said on Sunday she was reviewing self-driving vehicle guidance issued by the Obama administration and urged companies to explain the benefits of automated vehicles to a skeptical public.
LSE scuppers Deutsche Boerse merger hopes by rejecting EU demand
LONDON/FRANKFURT (Reuters) – The London Stock Exchange has all but ended a planned merger with Deutsche Boerse to create Europe’s biggest exchange, which had faced growing opposition since Britain’s vote to leave the European Union.
Phonemakers pile in to exploit Samsung weakness
BARCELONA (Reuters) – Phonemakers are piling in to fill a gap in the market left by Samsung , still licking its wounds from a costly recall of its flagship Note 7 and with no key device of its own to launch at the telecom industry’s biggest annual fair…
