Allergan to buy Zeltiq Aesthetics for about $2.48 billion

(Reuters) – Allergan Plc on Monday said it would buy Zeltiq Aesthetics Inc for about $2.48 billion to gain access to its flagship body contouring technology.

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Allergan to buy Zeltiq Aesthetics for about $2.48 billion

S&P ends flat, Nasdaq hits record high close

NEW YORK (Reuters) – The S&P 500 ended flat on Tuesday as gains in healthcare and financials offset a drop in energy shares, while the Nasdaq hit another record high close.

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S&P ends flat, Nasdaq hits record high close

Volkswagen confirms $4.3 billion U.S. settlement over diesel emissions

By David Shepardson DETROIT (Reuters) – Volkswagen AG confirmed Tuesday it has negotiated a $4.3 billion concrete draft settlement with U.S. regulators to resolve its diesel emissions issues and plans to plead guilty to criminal misconduct as part of the civil and criminal settlement. Volkswagen said with the addition of the fine, the automaker's diesel costs are now set to exceed the nearly 18.2 billion euros ($19.2 billion) it has set aside to handle the problem. VW also said it will face oversight by an independent monitor over the next three years.

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Volkswagen confirms $4.3 billion U.S. settlement over diesel emissions

Xi to be first Chinese leader to attend Davos World Economic Forum

BEIJING/GENEVA (Reuters) – President Xi Jinping this month will become the first Chinese head of state to attend the World Economic Forum (WEF) in Davos, which this year will dwell on the rising public anger with globalization and the coming U.S. presidency of Donald Trump. Xi will take centre stage at the Jan. 17-20 forum with China presenting itself as a champion of globalization. The Chinese Foreign Ministry on Tuesday confirmed Xi's widely expected attendance at the annual gathering of global political leaders, CEOs and celebrities in the Swiss Alps.

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Xi to be first Chinese leader to attend Davos World Economic Forum

Wall St. set to end 2016 with a whimper

(Reuters) – U.S. stocks fell on the last trading day of 2016, eating into gains for the year, as Apple led a decline in technology stocks.

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Wall St. set to end 2016 with a whimper

Silicon Valley’s obscure unicorns could boost 2017 IPO market

Social media firm Snap Inc may be the highest profile tech IPO planned for 2017, with the potential to raise billions. Such firms are a “leading indicator” of broader investor demand for market debuts, said Justin Smolkin, head of Americas technology equity capital markets at UBS Group AG .

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Silicon Valley’s obscure unicorns could boost 2017 IPO market

Dollar retreats from 14-year high, banks drag Europe shares lower

LONDON (Reuters) – The dollar eased from 14-year highs on Wednesday, giving back some of the gains chalked up since Donald Trump's U.S. election victory, while concerns over banks pulled European shares lower.

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Dollar retreats from 14-year high, banks drag Europe shares lower

Wall Street falls as Oracle weighs

NEW YORK (Reuters) – U.S. stocks fell on Friday, weighed by a more than 4-percent drop in Oracle shares, while recently-battered stocks in the real estate and utilities sectors posted the largest gains.

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Wall Street falls as Oracle weighs

U.S. housing starts tumble from nine-year high; permits suggest strength

U.S. homebuilding fell more than expected in November, tumbling from a nine-year high as construction activity declined broadly, the latest sign of slower economic growth in the fourth quarter. Groundbreaking on new housing projects dropped 18.7 percent to a seasonally adjusted annual rate of 1.09 million units, the Commerce Department said. Housing starts data are choppy month-to-month, with much of the volatility coming from the multi-family segment of the market.

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U.S. housing starts tumble from nine-year high; permits suggest strength

Dow hits record high at open

(Reuters) – The Dow inched up to hit a record high at the open on Thursday, helped by gains in financial and energy stocks.

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Dow hits record high at open