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At meeting with automakers, Trump launches new attack on NAFTA

WASHINGTON (Reuters) – Ten American and foreign automakers went to the White House on Friday to push for a weakening of U.S. fuel efficiency standards through 2025, while President Donald Trump used the occasion to launch a fresh attack on the North American Free Trade Agreement that has benefited the companies.

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Symantec tumbles on disclosure of whistleblower probe

At least nine analysts downgraded the stock. Symantec disclosed the whistleblower probe late on Thursday, saying it might miss a deadline for filing its annual 10-K report, may need to restate some financial results and might revise guidance. Symantec Vice President Cynthia Hiponia told analysts on a call on Thursday that the probe began “in connection with concerns raised by a former employee.” She did not say whether that person had approached Symantec or raised the issue with securities regulators. …read more […]

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Thomson Reuters expects higher 2018 costs, shares drop

(Reuters) – Thomson Reuters Corp forecast its costs would more than double for the year but revenue would only increase modestly. The prediction sent shares of the news and information company down 5 percent as investors fretted about earnings growth after it completes a plan to sell a majority stake in its largest unit.

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Exclusive – AT&T CEO: We made ‘big mistake’ hiring Cohen, chief lobbyist out

(Reuters) – AT&T Inc on Friday ousted its top lobbyist, and the No. 2 wireless carrier’s chief executive officer said in a memo it was “big mistake” to hire Michael Cohen, President Donald Trump’s personal attorney, for advice on working with the Trump administration.

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