Monday, April 16, 2018

UPDATE 1-T-Mobile to pay $40 mln over false ring tones on rural U.S. calls

WASHINGTON, April 16 (Reuters) - T-Mobile USA Inc agreed on Monday to pay $40 million to resolve a government investigation that found it failed to correct problems with delivering calls in rural areas and inserted false ring tones in hundreds of millions of calls, the Federal Communications Commission said.

Pulitzer Prizes: Will #MeToo and Trump exclusives triumph?

The New York Times and The New Yorker jump-started the #MeToo movement with back to back stories about Harvey Weinstein's systemic abuse.

Clash of the Titans: Adidas and Nike continue to battle it out

Nike is not used to playing catchup, but Adidas is beating it in technology, innovation and style.

BRIEF-Atlas Engineered Products Announces Appointment Of CFO

* ATLAS ENGINEERED PRODUCTS ANNOUNCES APPOINTMENT OF CHIEF FINANCIAL OFFICER

Majority of divisive Facebook ads bought by "suspicious groups" - study

April 16 (Reuters) - Most of the political ads about divisive issues that ran on Facebook Inc before the 2016 U.S. presidential election were sponsored by "suspicious groups" with no publicly available information about them, according to a study released on Monday and based on a database of five million ads on Facebook.

Britain's biggest carmaker cuts 1,000 jobs

Read full story for latest details.

New board of Brazil's BRF likely to keep top executives -sources

SAO PAULO, April 16 (Reuters) - Top executives at Brazilian food processor BRF SA are likely to stay in charge after a new board is elected this month, three people close to the matter said, in a sign of confidence from key shareholders that they can pull off a turnaround at the struggling food company.

UPDATE 3-Icahn nominates five to replace entire SandRidge board

HOUSTON, April 16 (Reuters) - Billionaire activist investor Carl Icahn on Monday nominated a five-person slate of his employees and business associates to replace the SandRidge Energy Inc board of directors, escalating his fight for control of the U.S. shale oil producer.

Coffee industry worried U.S. ruling on cancer warning may widen

MEXICO CITY, April 16 (Reuters) - The head of the International Coffee Organization criticized a U.S. judge's decision requiring cancer warnings on coffee sold in California by Starbucks and other retailers, expressing concern that the push for cancer labels may spread.

UPDATE 2-Intesa to shed $13 bln in bad debts with Intrum deal

* Bank to reap 400 mln euro capital gain, board meets Tuesday

Op-Ed Columnist: The Real Next War in Syria: Iran vs. Israel

Israeli soldiers taking part in a training session last week in the Golan Heights.

Every top New York Times best-seller this year has been about Trump

Since January, each book at the top of The New York Times best-seller list has had one thing in common: President Trump.

PACIFIC for April 16: SoftBank goes hard

What's New: The Top 100 Venture Capitalists per CB Insights: 1. Bill Gurley, Benchmark ... 2. Steve Anderson, Baseline ... 3. Joshua Kopelman, First Round ... 4. Alfred Lin, Sequoia ... 5. Brian Singerman, Founders Fund ... 6. Jeffrey Jordan, Andreessen Horowitz ... 7. Rob Hayes, First Round ... 8. Ravi Mhatre, Lightspeed ... 9. Mary Meeker, Kleiner Perkins ... 10. Jeremy Liew, Lightspeed ... First-time appearances: 41. Shawn Carolan, Menlo ... 79. Albert Wenger, Union Square ... 80. Meyer Malka, Ribbit ...

Stop the market! I want to get off! Volatility is back

The stock market has taken investors for a wild ride this year.

Stop the market! I want to get off! Volatility is back

The stock market was like a kiddie park amusement ride in 2017. No scares. Perfectly harmless. Everyone left smiling.