Clarus (CLAR) Declares $0.025 Quarterly Dividend; 1% Yield

Suspicious package found addressed to Senator Booker: reports

October 26, 2018 8:54 AM EDT

WASHINGTON (Reuters) - An eleventh suspicious package has been found in Florida, this one addressed to Democratic U.S. Senator Cory Booker, CNN and MSNBC reported on Friday.

CNN also reported that New York City police were investigating a separate suspicious package at a postal facility there.... More

U.S. lawmakers consider bill to ban arms sales to Saudi Arabia

October 24, 2018 3:41 PM EDT

WASHINGTON (Reuters) - A bipartisan group of lawmakers introduced a bill in the U.S. House of Representatives on Wednesday that would stop most U.S. arms sales to Saudi Arabia in response to the death of journalist Jamal Khashoggi, Representative James McGovern said on his web site.

The bill said that President Donald Trump... More

Explosive device found in mail sent to the Clintons: NYT

October 24, 2018 9:29 AM EDT

(Reuters) - An explosive device was found by a technician who screens mail for Bill and Hillary Clinton, the New York Times reported on Wednesday.

The device was similar to the one found at the home of billionaire financier George Soros on Monday, the newspaper reported, citing a law... More

G7 condemns Khashoggi's death, says Saudis must ensure no repeat

October 23, 2018 11:55 AM EDT

OTTAWA (Reuters) - Foreign ministers from the Group of Seven leading industrialized nations on Tuesday condemned the killing of Saudi journalist Jamal Khashoggi "in the strongest possible terms" and said Riyahd must make sure such an incident never happens again.

In a statement, the G7 ministers said Saudi... More

GAM assets slump 17.7 billion francs after director suspension

October 23, 2018 4:11 AM EDT

By John Miller and Oliver Hirt

ZURICH (Reuters) - Money manager GAM Holding AG suffered a 17.7 billion Swiss francs ($18 billion) slump in the value of its assets after the suspension of a top asset manager prompted investors to withdraw billions of francs from its funds, the company said on Tuesday.

Shares in the Swiss-based group slid more than 14 percent to 6.2 francs in early trade, hitting their lowest level in nine years. They had traded as high as 18.18 francs in January.

Investors withdrew a net 8.1 billion francs in the third quarter after the group suspended absolute... More

Trump eyeing a 10 percent middle-income tax cut plan

October 22, 2018 3:18 PM EDT

WASHINGTON (Reuters) - U.S. President Donald Trump, speaking to reporters at the White House as he left on a campaign trip to Texas, said on Monday his administration planned to produce a resolution within two weeks calling for a 10 percent tax cut for middle-income people.

"We're putting in a resolution sometime in the next week or week-and-a-half, two weeks," Trump said. "We're giving a middle-income tax reduction of about 10 percent. We're doing it now for middle-income people."

... More

Michelin cuts market forecasts on EU emissions squeeze, China slowdown

October 18, 2018 1:24 PM EDT

By Laurence Frost

PARIS (Reuters) - French tire maker Michelin cut its full-year market forecasts on Thursday and said a sales slowdown would worsen in the fourth quarter, blaming weaker Chinese vehicle demand and new emissions standards that have hit European registrations.

Michelin's own sales volumes are now expected to show only a "slight increase" for 2018, the company said. It had previously pledged to increase sales in line with more robust... More