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Updated: 19 min 17 sec ago

California mudslide's death toll includes mother, school founder

January 11, 2018 - 4:03pm
SANTA BARBARA, Calif. (Reuters) - Rescue workers on Thursday searched for eight people missing after mudslides that ripped through a coastal Southern California community, as the identities of some of the 17 who died in Tuesday's disaster began trickling out.
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Bipartisan Senate group crafts 'Dreamer' immigration plan

January 11, 2018 - 4:02pm
WASHINGTON (Reuters) - A bipartisan group of U.S. senators on Thursday reached a tentative agreement on legislation to protect young "Dreamer" immigrants from deportation, along with other immigration policy changes, and is attempting to build support for the deal in Congress.
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Senators from 12 states seek offshore drilling exemptions like Florida's

January 11, 2018 - 3:39pm
WASHINGTON (Reuters) - Twenty-two Democratic U.S. senators from 12 states on Thursday joined the chorus of local representatives seeking exemptions from Interior Secretary Ryan Zinke's newly proposed offshore drilling plan, after his surprise move on Tuesday to shield Florida.
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Bannon to appear before Congress committee for Russia probe

January 11, 2018 - 3:26pm
WASHINGTON (Reuters) - President Donald Trump's former chief strategist Steve Bannon will be interviewed next week by a U.S. House of Representatives committee investigating alleged Russian interference in the 2016 U.S. election, a person familiar with the matter said on Thursday.
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White House says immigration deal has not been reached

January 11, 2018 - 3:04pm
WASHINGTON (Reuters) - The White House said on Thursday that an immigration deal to protect young immigrants from deportation had not been reached, contradicting the office of Republican Senator Jeff Flake, who said earlier on Thursday that an agreement had been secured.
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Ford urges 2,900 pickup owners to stop driving after new Takata death

January 11, 2018 - 3:02pm
WASHINGTON (Reuters) - Ford Motor Co said on Thursday it had confirmed a second death in an older pickup truck caused by a defective airbag inflator of Takata Corp and urged 2,900 owners in North America to stop driving immediately until they can get replacement parts.
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House passes NSA spying bill after Trump tweets cause confusion

January 11, 2018 - 2:33pm
(Reuters) - The U.S. House of Representatives on Thursday passed a bill to renew the National Security Agency's warrantless internet surveillance program, overcoming objections from privacy advocates and confusion prompted by morning tweets from President Donald Trump that initially questioned the spying tool.
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Trump administration to let states adopt Medicaid work requirements

January 11, 2018 - 2:28pm
WASHINGTON (Reuters) - The Trump administration told U.S. states on Thursday they can for the first time move toward imposing work or job training requirements on people as a condition for obtaining health insurance under the Medicaid government program for the poor.
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Wall Street hits record as oil, industrial stocks gain

January 11, 2018 - 1:07pm
(Reuters) - Wall Street surged to fresh highs on Thursday as rising oil prices lifted energy stocks and upbeat forecast from No. 2 U.S. carrier Delta Air Lines drove airline stocks higher.
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Delta sees double benefit from tax cut, shares rise

January 11, 2018 - 12:47pm
(Reuters) - Delta Air Lines Inc looks set to reap a double benefit from the U.S. corporate tax cut this year as it saves money on its own bill and hopes to see an uptick in business travel as companies use tax savings to invest in generating new business.
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Lower taxes and tight labor market prompt Walmart to hike U.S. wages

January 11, 2018 - 12:07pm
NEW YORK (Reuters) - Walmart Stores Inc will raise entry-level wages for U.S. hourly employees to $11 an hour in February as it benefits from last month's major overhaul of the U.S. tax code and competes for low wage workers in a tight labor market.
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Wall Street higher on gains in energy, industrial stocks

January 11, 2018 - 11:40am
(Reuters) - U.S. stocks rose on Thursday as a jump in oil prices lifted energy stocks to their best day in more than a week and upbeat forecast from No. 2 U.S. carrier Delta Air Lines boosted other airline stocks.
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Hong Kong, London, New York shortlisted for Aramco IPO: sources

January 11, 2018 - 11:06am
DUBAI/LONDON (Reuters) - Saudi Arabia has shortlisted New York, London and Hong Kong - singly or in a combination of two or even all three - for the international portion of the listing of national oil company Aramco, two sources with knowledge of the discussions said.
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California rescuers keep up search for missing in deadly mudslide

January 11, 2018 - 10:54am
SANTA BARBARA, Calif. (Reuters) - Southern California rescue workers using dogs and scanners searched for eight people feared lost in the wreckage of this week's deadly mudslides, which struck along the state's picturesque coastal communities, according to officials.
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U.S. says Vietnam should have notified eight state firms to WTO

January 11, 2018 - 10:36am
GENEVA (Reuters) - The United States has notified the World Trade Organization of eight Vietnamese firms it says should have been registered as state trading enterprises under the global trading rules, a U.S. filing published by the WTO showed on Thursday.
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With a lower tax bill in sight, Walmart to raise its U.S. minimum wage

January 11, 2018 - 10:05am
NEW YORK (Reuters) - Walmart Stores Inc will raise entry-level wages for U.S. hourly employees to $11 an hour in February as it benefits from last month's major overhaul of the U.S. tax code, the company said on Thursday.
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Wall Street climbs on gains in energy stocks

January 11, 2018 - 10:04am
(Reuters) - U.S. stocks rose on Thursday with a broad-based rally across sectors as speculation over China halting U.S. bond purchases eased and investors focused on quarterly earnings reports and higher oil prices.
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Walmart uses lower U.S. tax bill to raise minimum wage to $11 an hour

January 11, 2018 - 9:42am
NEW YORK (Reuters) - Walmart Stores Inc said on Thursday it would raise entry-level wages for hourly employees to $11 an hour as it benefits from the biggest overhaul of the U.S. tax code in 30 years.
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California rescuers use dogs, scanners to search deadly mudslide debris

January 11, 2018 - 9:41am
SANTA BARBARA, Calif. (Reuters) - Rescue crews in Southern California worked overnight into Thursday morning, using dogs and scanners to comb through tons of debris for survivors from deadly mudslides that struck along the state's picturesque coastal communities.
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Delta raises profit forecast, shares jump

January 11, 2018 - 9:26am
(Reuters) - Delta Air Lines Inc reported better-than-expected profit for the fourth quarter on Thursday, helped by higher business fares and a busy holiday travel season, and forecast even better performance in the current quarter on strong demand for seats, sending its shares up 3.5 percent in premarket trading.
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