Reuters Business Today: January 11, 2017

Click to View in Browser Wednesday, January 11, 2017 Wall Street ends choppy session higher, health lags on Trump comments NEW YORK (Reuters) - U.S. stocks ended higher after a choppy day on Wednesday as energy and technology gains countered a drop in healthcare stocks after President-elect Donald Trump said pharmaceutical companies were "getting away with murder" by charging high prices. Trump says pharma 'getting away with murder,' stocks slide NEW YORK (Reuters) - U.S. President-elect Donald Trump on Wednesday said pharmaceutical companies are "getting away with murder" in what they charge the government for medicines, and promised that would change, sending drugs stocks sharply lower. Mexico's peso hits record low on Trump talk of wall, auto tax MEXICO CITY (Reuters) - The Mexican peso <MXN=> weakened to a historic low of 22.04 per dollar and the country's stock index fell on Wednesday, after U.S. President-elect Donald Trump warned U.S. auto companies would face a high tax for products made south of the border. Volkswagen agrees to $4.3 billion U.S. diesel settlement WASHINGTON (Reuters) - Volkswagen AG has agreed to a $4.3 billion settlement to resolve the U.S. government's civil and criminal investigations into the German automaker's diesel emissions cheating, according to documents made public Wednesday. NYSE to expand floor trading to all U.S. equity securities (Reuters) - The New York Stock Exchange will make all U.S. securities available for trading on the NYSE floor by year-end, giving investors another, less speed-dependent, way to trade securities such as Nasdaq-listed stocks and exchange-traded funds. EU says U.S. explanation of Yahoo email scanning not enough BRUSSELS (Reuters) - The United States has not satisfied the European Union's concerns about Yahoo's scanning of all customers' incoming emails for U.S. intelligence purposes, the bloc's justice chief told Reuters in an interview. U.S. plan to ease Wall Street rules may not be worth cost for banks: Fitch WASHINGTON (Reuters) - Leading U.S. banks may find that a Republican plan to ease restrictions on Wall Street is not worth the additional cost of capital, a report from Fitch Ratings said on Wednesday. Samsung leader named a suspect in South Korea political probe SEOUL (Reuters) - A South Korean special prosecutor's office will question Samsung Group [SAGR.UL] leader Jay Y. Lee as a suspect in a widening influence-peddling scandal that may force President Park Geun-hye from office. Exclusive: Alibaba, part of planned Taiwan fund, won't seek board seats at local firms - source TAIPEI (Reuters) - Alibaba Group Holding, which is awaiting regulatory approval for a $45 million fund it is participating in, has promised the Taiwanese government it will not take board seats at local firms the fund invests in, a source with direct knowledge of the matter said. Fiat Chrysler names operating chiefs for China, Asia Pacific (Reuters) - Fiat Chrysler Automobiles NV on Wednesday named Daphne Zheng as chief operating officer of China and Paul Alcala as the operating chief of Asia Pacific, excluding China. Related Video Gildan gets American Apparel UK banks look for Brexit clarity 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 2017 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