Reuters Business Today: December 29, 2016

Click to View in Browser Thursday, December 29, 2016 Strong data, health stocks lead Wall St. higher (Reuters) - Strong economic data and gains in healthcare stocks propped up Wall Street on Thursday, a day after the S&P 500 suffered its biggest fall in two months. Goods trade deficit widens; labor market near full strength WASHINGTON (Reuters) - A drop in U.S. exports last month pushed the country's trade deficit in goods higher while the number of Americans filing for unemployment benefits fell last week in a positive sign for the labor market. Trump tax reforms could depend on little-known 'scoring' panel WASHINGTON (Reuters) - President-elect Donald Trump's goal of overhauling the U.S. tax code in 2017 will depend partly on the work of an obscure congressional committee tasked with estimating how much future economic growth will result from tax cuts. Dollar slips to two-week low vs. yen as Treasury yields fall LONDON (Reuters) - The dollar slipped to a two-week low against the yen on Thursday, mirroring a fall in U.S. bond yields as weaker-than-expected economic data weighed on the greenback and waning risk appetite boosted Japan's safe-haven currency. Sprint, OneWeb say 8,000 jobs announced by Trump are part of SoftBank pledge PALM BEACH, Fla. (Reuters) - U.S. President-elect Donald Trump on Wednesday said telecommunications group Sprint Corp and a U.S. satellite company OneWeb will bring 8,000 jobs to the United States, and the companies said the positions were part of a previously disclosed pledge by Japan's SoftBank Group Corp. Japan's Nomura sees opportunities from Trump's pro-business agenda TOKYO (Reuters) - Nomura Holdings Inc sees opportunities in the pro-business stance of U.S. president-elect Donald Trump, though his protectionist tilt brings uncertainty to the global economy, said the chief of Japan's biggest brokerage and investment bank. U.S. refiners face severe labor shortage for deferred maintenance (Reuters) - After years of running flat out, U.S. Gulf Coast refiners are lining up repairs to plants in 2017 - but facing a severe labor shortage that could delay work, drive up costs and raise accident risks. Battered Toshiba out of easy options to plug nuclear hole TOKYO (Reuters) - Faced with the prospect of a multi-billion-dollar writedown that could wipe out its shareholders' equity, Japan's Toshiba is running out of fixes: it is burning cash, cannot issue shares and has few easy assets left to sell. Takata could settle U.S. criminal probe next month: source (Reuters) - Japan's Takata Corp , maker of defective air bags that have been linked to 11 U.S. deaths, could settle criminal charges with the U.S. Department of Justice before the Obama administration leaves office next month, a source briefed on the ongoing talks told Reuters on Wednesday. China to take steps to attract foreign investment: state radio BEIJING (Reuters) - China will take more measures to open up and attract foreign investment, state radio reported on Thursday, citing a cabinet meeting led by Premier Li Keqiang. Related Video Jonathan Corpina's best investment idea for 2017 Cubans optimistic despite economic contraction 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