News GE renews break-up talk as it discloses $11 billion fourth quarter hit 2018-01-16T12:17:15.000000000-05:00 (Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws. Exclusive: U.S. lawmakers urge AT&T to cut commercial ties with Huawei - sources 2018-01-16T11:54:48.000000000-05:00 WASHINGTON (Reuters) - U.S. lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut commercial ties to Chinese phone maker Huawei Technologies Co Ltd and oppose plans by telecom operator China Mobile Ltd to enter the U.S. market because of national security concerns, two congression... Vancouver meeting focuses on sanctions as Koreas explore detente 2018-01-16T11:39:20.000000000-05:00 VANCOUVER (Reuters) - A meeting of states that backed South Korea in the Korean war will look at ways to better implement sanctions to push North Korea to abandon its nuclear weapons, officials said, even as the North and South explore detente ahead of next month's Winter Olympics. Dow briefly tops 26,000 mark 2018-01-16T11:37:28.000000000-05:00 (Reuters) - The Dow eased slightly after hitting the 26,000 mark for the first time on Tuesday, as earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup. Citigroup reports $18 billion loss on one-time tax items 2018-01-16T11:36:50.000000000-05:00 (Reuters) - Citigroup Inc posted an $18-billion quarterly loss on Tuesday because of charges related to a new U.S. tax law, but its adjusted earnings beat Wall Street expectations and management signaled that the bank may soon lift financial performance targets. Tortured, starved California children rarely seen outside home: neighbors 2018-01-16T11:01:55.000000000-05:00 PERRIS, Calif. (Reuters) - The 13 California siblings who police said were starved and chained to beds by their parents rarely left their disheveled house and, when they did, appeared small and pale and acted strangely, neighbors said. U.S. oil industry set to break record, upend global trade 2018-01-16T10:39:33.000000000-05:00 HOUSTON (Reuters) - Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago. GE to take $6.2 billion hit from insurance portfolio 2018-01-16T10:29:14.000000000-05:00 (Reuters) - General Electric Co will take a $6.2 billion charge in its fourth quarter results for a more than decade-old insurance portfolio covering long-term healthcare costs, the company said on Tuesday. Dow breaches 26,000 mark on robust earnings reports 2018-01-16T10:14:25.000000000-05:00 (Reuters) - Wall Street's main indexes rose sharply on Tuesday, with the Dow hitting the 26,000 mark for the first time, as the fourth-quarter earnings season kicked into high gear. Ex-Trump chief strategist Bannon to meet with House panel on Russia 2018-01-16T09:54:59.000000000-05:00 WASHINGTON (Reuters) - President Donald Trump's former chief strategist Steve Bannon will meet behind closed doors on Tuesday with a U.S. House of Representatives committee that is probing whether Russia meddled in the 2016 presidential election.