Reuters Business Today: December 20, 2016

Click to View in Browser Tuesday, December 20, 2016 Nasdaq rises to record, Dow bats eyes at 20,000 (Reuters) - The Dow and Nasdaq Composite rose to record highs on Tuesday in a rally fueled by optimism about U.S. President-elect Donald Trump's policies. Linde, Praxair agree $65 billion merger outline, ambitious cost savings FRANKFURT (Reuters) - German industrial gases group Linde and U.S. suitor Praxair have agreed an outline for a $65 billion-plus merger, with the combined company to be run out of the United States by Praxair's chief executive. Apple's new AirPods tough to recycle: report SAN FRANCISCO (Reuters) - Apple Inc's new wireless headphones could be a problem for recyclers, according to an electronics firm that took apart the device to review its component parts. U.S. probes 1 million Fiat Chrysler vehicles for roll-away crashes WASHINGTON (Reuters) - U.S. vehicle safety officials said on Tuesday they have launched an investigation into about a million Fiat Chrysler Ram pickup trucks and SUVs prompted by complaints by some owners that the vehicles rolled away and crashed after being parked. Sanofi's takeover talks with Actelion progressing: source LONDON (Reuters) - Talks between Actelion and Sanofi are making progress, despite investors' fears that the Swiss biotech firm's chief executive and founder might not want to sell, a person with direct knowledge of the situation said on Tuesday. Nike's revenue, profit beat estimates (Reuters) - Nike Inc, the world's No. 1 footwear maker, reported better-than-expected quarterly revenue and profit, fueled by higher demand across markets such as Western Europe and Greater China and lower costs. VW will fix, buy back more polluting U.S. diesel vehicles WASHINGTON (Reuters) - Volkswagen AG has reached an agreement for a mix of buybacks and fixes for about 80,000 polluting 3.0-liter diesel VW, Porsche and Audi vehicles, a U.S. federal judge said on Tuesday, as the German automaker took another step to put a diesel emissions cheating scandal behind it. American Airlines wins $5 million in antitrust case against Sabre NEW YORK (Reuters) - American Airlines Group Inc on Tuesday was awarded nearly $5.1 million in an antitrust lawsuit that accused airline booking service Sabre Corp of harming competition and charging grossly inflated booking fees. Morgan Stanley to pay $7.5 million over customer protection violations WASHINGTON (Reuters) - Morgan Stanley will pay $7.5 million to settle civil charges that it violated customer protection rules when it used trades involving customer cash to lower its borrowing costs, U.S. securities regulators said on Tuesday. UK PM and Murdoch did not discuss Sky bid at September meeting: minister LONDON (Reuters) - Prime Minister Theresa May did not discuss with Rupert Murdoch the proposed takeover of UK pay-TV group Sky by the tycoon's Twenty-First Century Fox at a September meeting, Britain's media minister said on Tuesday. Related Video Michael Bapis: More upside for financials Dow at 20000 is a sign of market health Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2016 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook