Reuters Business Today: January 3, 2017

Click to View in Browser Tuesday, January 3, 2017 Tech, telecom boost Wall St. as new year begins NEW YORK (Reuters) - Wall Street rose on Tuesday as a post-election rally extended into the new year, helped by gains in Verizon Communications and technology companies including Alphabet and Facebook. Chided by Trump, Ford scraps Mexico factory, adds Michigan jobs FLAT ROCK, Mich./WASHINGTON (Reuters) - Ford Motor Co on Tuesday scrapped a planned Mexican car factory and added 700 jobs in Michigan following criticism by Donald Trump, as the U.S. president-elect turned his attention toward rival General Motors Co with the threat of a "big border tax" over compact cars made in Mexico. Intel to take stake in German mapping firm HERE in automated driving push FRANKFURT (Reuters) - U.S. chip maker Intel will take a 15 percent stake in German digital mapping firm HERE, it said on Tuesday, as it seeks to build its presence in automated driving technology. Oil business seen in strong position as Trump tackles tax reform WASHINGTON (Reuters) - Big Oil could be in a unique position to protect its interests against a Republican proposal to tax imports, given that President-elect Donald Trump's cabinet is studded with oil champions sensitive to the risk of higher gasoline prices. U.S. manufacturing, construction sectors shine as year ended WASHINGTON (Reuters) - U.S. factory activity accelerated to a two-year high in December amid a surge in new orders and rapidly rising raw material prices, indicating that some of the drag on manufacturing from prolonged dollar strength and a slump in oil prices was fading. Twitter's China boss Kathy Chen quits after eight months NEW YORK/BEIJING (Reuters) - Twitter Inc executive Kathy Chen, brought in to run Greater China just over eight months ago, has quit, according to a tweet sent by her over the weekend. EU regulators delay ChemChina/Syngenta merger decision to April 12 BRUSSELS (Reuters) - European Union antitrust regulators have extended the deadline for a decision on ChemChina's proposed buy of Swiss pesticides and seeds group Syngenta by 10 working days to April 12. Dollar hits 14-year highs after strong U.S. manufacturing data NEW YORK (Reuters) - The U.S. dollar rose to its highest in 14 years against the euro and a basket of major currencies on Tuesday after data showed solid growth in U.S. manufacturing. Icahn sweetens offer for Federal-Mogul for third time (Reuters) - Billionaire Carl Icahn's investment firm, Icahn Enterprises LP , sweetened its offer for a third time to buy shares of Federal-Mogul Holdings Corp it does not already own. British Airways' cabin crew announce 48-hour strike for January 10 LONDON (Reuters) - British Airways cabin crew plan to hold a 48-hour strike starting on Jan. 10, after suspending previous plans to walk out over Christmas, trade union Unite said on Tuesday. Related Video France's Valls sets out election stall Holy Cow! 'McVatican' opens for business 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