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Below please find daily updates pertaining to the latest in financial, business, and tax news:

Reuters Top News

Spurned advances provoked Texas school shooting, victim's mother says

Sun, May 20, 2018

SANTA FE, Texas (Reuters) - A teenage boy who shot and killed eight students and two teachers during a gun rampage at a Houston-area high school had been spurned by one of his victims after making aggressive advances, her mother told a newspaper. ...

Trump to ask Justice Department to look into campaign surveillance claims

Sun, May 20, 2018

WASHINGTON (Reuters) - U.S. President Donald Trump said on Sunday he would ask the Justice Department to look into whether his 2016 presidential campaign was infiltrated or surveilled by the FBI or the department under the Obama administration. ...

Exclusive: GE nears deal to merge transportation unit with Wabtec - sources

Sun, May 20, 2018

(Reuters) - General Electric Co is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp , a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday. ...

South Korea, U.S. to work closely on summit after Pyongyang's about-face

Sun, May 20, 2018

SEOUL (Reuters) - South Korean President Moon Jae-in and U.S. President Donald Trump held discussions on Sunday to ensure that the North Korea-U.S. summit remains on track after North Korea threatened to pull out of the high-level talks. ...

U.S., China putting trade war on hold, Treasury's Mnuchin says

Sun, May 20, 2018

WASHINGTON (Reuters) - The U.S. trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday. ...

Maduro favorite to win condemned Venezuela vote amid tepid turnout

Sun, May 20, 2018

CARACAS/BARQUISIMETO, Venezuela (Reuters) - Venezuela's leftist leader Nicolas Maduro looked set to win re-election on Sunday in a seemingly poorly attended vote condemned by foes as the "coronation" of a dictator and likely to bring fresh foreign sanctions. ...

German companies worry Trump moving toward 'America Alone'

Sun, May 20, 2018

BERLIN (Reuters) - German companies are concerned that U.S. President Donald Trump is increasingly thinking only of America rather than just putting his country first, the head of Germany's DIHK Chambers of Commerce told media. ...

Hawaii reports first serious injury from volcano

Sun, May 20, 2018

PAHOA, Hawaii (Reuters) - A stream of lava blocked a Hawaii highway on Sunday that serves as an escape route for coastal residents, while the first known serious injury was reported from fresh explosive eruptions from the Kilauea volcano. ...

Back to work, Prince Harry and Meghan to delay honeymoon

Sun, May 20, 2018

LONDON (Reuters) - Prince Harry and Meghan Markle will delay heading off for their honeymoon, instead attending a birthday party for his father Prince Charles just days after marrying in a ground-breaking ceremony that blended the modern with the traditional. ...

U.S. sees strong shared interests with EU on Iran concerns

Sun, May 20, 2018

WASHINGTON/BERLIN (Reuters) - The United States on Sunday said it hopes to use strong shared interests that have emerged with its European Union partners in recent months to move forward on addressing Iran's nuclear program, missile development and role in regional conflicts. ...

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