Reuters Business Today: January 4, 2017

Click to View in Browser Wednesday, January 4, 2017 Fed policymakers agree Trump fiscal boost poses inflation risk WASHINGTON (Reuters) - Almost all Federal Reserve policymakers thought the economy could grow more quickly because of fiscal stimulus under the Trump administration and many were eyeing faster interest rate increases, minutes from the central bank's December meeting showed. Wall Street climbs; Fed minutes confirm inflation jitters (Reuters) - U.S. shares ended higher on Wednesday even after minutes from the Federal Reserve's December meeting showed concerns that quicker economic growth under President-elect Donald Trump could require faster interest rate increases to ward off inflation. U.S. December auto sales on pace for record high, led by GM DETROIT (Reuters) - Sales of new cars and trucks in the United States likely set new records for December and the full year, automakers said on Wednesday, and investors bid up shares in the sector as strong consumer confidence and stable fuel prices bolstered the industry's outlook. Exclusive: Amazon, Forever 21 vying for bankrupt American Apparel - sources (Reuters) - Online retailer Amazon.com Inc and teen apparel store chain Forever 21 Inc are among the companies weighing offers to acquire bankrupt American Apparel LLC, people familiar with the talks said on Wednesday. Trump's SEC pick Clayton points to capital formation, not enforcement WASHINGTON (Reuters) - With his selection of deal-making attorney Walter "Jay" Clayton to head the U.S. Securities and Exchange Commission, President-elect Donald Trump is signaling that the agency will try to reduce regulations that critics see as burdensome or hindering corporate growth. Exxon Mobil, Tillerson agree to cut all ties (Reuters) - Exxon Mobil Corp and Rex Tillerson agreed to sever all ties to comply with conflict-of-interest requirements as the company's former chairman and chief executive awaits confirmation as U.S. secretary of state. Apple confirms $1 billion investment in SoftBank tech fund (Reuters) - Apple Inc confirmed on Wednesday its plans to invest $1 billion in a tech fund being set up by Japan's SoftBank Group Corp . Volkswagen CEO to stay away from Detroit auto show BERLIN (Reuters) - Volkswagen chief executive Matthias Mueller will miss the Detroit auto show next week, the German carmaker said on Wednesday, amid uncertainty over its chances of settling a U.S. criminal investigation into its emissions scandal. Deutsche Bank to pay $95 million to resolve U.S. tax case NEW YORK (Reuters) - Deutsche Bank AG has agreed to pay $95 million to resolve a U.S. government lawsuit accusing the German bank of using shell companies to evade significant tax liabilities in 2000, according to court papers filed on Wednesday. Boeing wins $8.8 billion in 737 MAX orders, still short of goal SEATTLE (Reuters) - Boeing Co said on Wednesday it had booked firm orders for 80 of its 737 MAX 8 aircraft, valued at $8.8 billion at list prices, upping its 2016 tally but leaving it short of its goal. Related Video Faraday Future unveils electric SUV Amazon doubles deliveries in 2016 for third-party sellers 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