Reuters Business Today: December 22, 2016

Click to View in Browser Thursday, December 22, 2016 Retailers weigh on Wall Street, Dow 20,000 slips away (Reuters) - U.S. stocks fell on Thursday, weighed down by weakness in retailers, as investors stepped back from a recent rally fueled by optimism that President-elect Donald Trump will invigorate economic growth. U.S. sues Barclays for mortgage securities fraud NEW YORK (Reuters) - The U.S. Department of Justice on Thursday sued Barclays Plc for fraud in the sale of mortgage securities in the run-up to the financial crisis. Volkswagen reaches deal with 80,000 U.S. 3.0-liter vehicle owners WASHINGTON (Reuters) - A federal judge said on Thursday that Volkswagen AG has reached an agreement in principle to provide "substantial compensation" to the owners of about 80,000 3.0-liter polluting diesel vehicles, a key hurdle to resolve the German automaker's emissions scandal. U.S. consumer spending slows; business investment perking up WASHINGTON (Reuters) - U.S. consumer spending increased modestly in November as household income failed to rise for the first time in nine months, suggesting the economy slowed in the fourth quarter after growing briskly in the prior period. Goldman names former DuPont CEO Kullman to board of directors (Reuters) - Goldman Sachs Group Inc named former chair and chief executive officer of E.I. du Pont de Nemours and Co Ellen Kullman to its board of directors, according to a filing made public on Thursday. Where's the Reddi-wip? ConAgra lowers product profile during shortage CHICAGO (Reuters) - Reddi-wip, the top-selling U.S. ready-made whipped cream, is going into hiding for the holidays. Nokia files more patent suits against Apple HELSINKI (Reuters) - Finnish telecoms networks equipment maker Nokia said on Thursday it had filed a new set of patent lawsuits against Apple Inc in Asia, Europe and the United States. Airbus seals deal with Iran for sale of 100 aircraft PARIS (Reuters) - Europe's Airbus signed a firm contract on Thursday to sell 100 jets to IranAir, completing a return by Western plane giants and paving the way for deliveries to start next month, a year after sanctions against Iran were lifted. 'Regtech' startups see more business in Trump era NEW YORK (Reuters) - President elect Donald Trump is pro-business and anti-red tape. But what if your business is red tape? Exclusive: U.S. regulator poised to approve Abbott purchase of St Jude - sources WASHINGTON (Reuters) - U.S. antitrust enforcers are poised to approve health care company Abbott Laboratories' purchase of medical device maker St. Jude Medical Inc , two sources knowledgeable about the deal said on Thursday. Related Video Weight Watchers stock: "dog with fleas," says Ross Gerber Trump's team ponders tarriffs - CNN 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