Reuters Business Today: December 27, 2016

Click to View in Browser Tuesday, December 27, 2016 Wall St. edges up in low volume, boosted by tech shares NEW YORK (Reuters) - U.S. stocks rose slightly on Tuesday, supported by upbeat consumer and housing data, with gains in technology shares lifting the Nasdaq Composite to a record close. U.S. consumers ebullient; home prices gain (Reuters) - U.S. consumer confidence shot to its highest in more than 15 years in December as Americans saw more strength ahead in business conditions, stock prices and the job market following the election of Donald Trump as president in November. Abbott gets U.S. antitrust approval to buy St. Jude Medical WASHINGTON (Reuters) - Healthcare company Abbott Laboratories has won U.S. antitrust approval for its proposed $25 billion acquisition of medical device maker St. Jude Medical Inc , the U.S. Federal Trade Commission said on Tuesday. Toshiba flags hit of 'billions of dollars' on U.S. nuclear acquisition (Reuters) - Toshiba Corp said it may have to book several billion dollars in charges related to a U.S. nuclear power plant construction company acquisition, sending its stock tumbling 12 percent and rekindling concerns about its accounting acumen. Amazon calls 2016 holiday season its best ever; shares rise (Reuters) - Amazon.com Inc said it shipped more than 1 billion items worldwide this holiday season, which the top online retailer called its best ever, and its shares rose 1.6 percent in afternoon trade. U.S. mutual fund trustees feel the heat of investor lawsuits BOSTON (Reuters) - Before New York's famed 21 Club steakhouse drew attention in November for hosting Donald Trump, the wealthy U.S. president-elect, it quietly fed other public representatives: trustees of Paris-based AXA SA investment funds. Panasonic to invest over $256 million in Tesla's U.S. plant for solar cells TOKYO (Reuters) - Panasonic Corp will invest more than 30 billion yen ($256 million) in a New York production facility of Elon Musk's Tesla Motors to make photovoltaic (PV) cells and modules, deepening a partnership of the two companies. Venezuela says to cut 95,000 bpd crude output in OPEC deal CARACAS (Reuters) - Venezuela said on Tuesday it will cut 95,000 barrels per day of oil production in the New Year in fulfillment of a producers' deal to reduce global output and strengthen prices. U.S. regulators open investigation on 2007-2009 Ford Fusion DETROIT (Reuters) - U.S. safety regulators are investigating Ford Motor Co's Fusion and Mercury Milan sedans from the 2007 to 2009 model years for brakes that may fail in certain conditions, the National Highway Traffic Safety Administration said on Tuesday. Mexico gasoline prices to rise as much as 20.1 percent in January: government MEXICO CITY (Reuters) - Mexican gasoline prices will rise by as much as 20.1 percent next month compared to the highest recorded prices in December, the government said on Tuesday, as part of a program to end years of government-set prices at the pump. Related Video Day after Christmas shopping spree A tough habit to break as Myanmar farmers try to turn away from illicit crops 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