Deere's quarterly sales of farm and construction equipment rose for the first time in more than three years, and the company's rising profit and sales beat forecasts. It also bumped up its 2017 profit outlook. The strong results sent Deere stock sharply higher in early trading.
NEW YORK - Former U.S. Congressman Anthony Weiner was expected to plead guilty in federal court in New York on Friday, months after U.S. prosecutors opened an investigation into his alleged "sexting" with a 15-year-old girl that eventually played a role in the U.S. presidential election. A spokesman for the law firm representing Weiner, Covington & Burling, said he would plead guilty before U.S. District Judge Loretta Preska on Friday morning but offered no further details. The charges were not immediately known.
TOCKHOLM - Swedish prosecutors said on Friday they had dropped an investigation of WikiLeaks founder Julian Assange over a rape allegation, but British police said he would still be arrested if he left the Ecuadorean embassy in London where he has been holed up. Assange, 45, took refuge in the embassy in 2012 to avoid extradition to Sweden over the rape allegation, which he denies.
WASHINGTON/BEIRUT - The U.S. military carried out an air strike on Thursday against militia supported by the Syrian government that posed a threat to U.S.-backed fighters in the country's south, U.S. officials told Reuters on Thursday. One of the U.S. officials said the strikes near the town of At Tanf destroyed at least one tank and a bulldozer, and another said it followed warning shots by U.S. aircraft meant to dissuade the fighters from advancing further.
SAN FRANCISCO - Facebook Inc has struck a deal with Major League Baseball to show 20 of the league's games live this season in an agreement that expands the social media network further into the world of live programming. Facebook said in a statement on Thursday that it would stream one game a week beginning on Friday, and the broadcasts would be available to everyone on Facebook in the United States. Reuters reported in February that Facebook and MLB were in talks to stream one game per week as part of an aggressive push to become a destination for live sports.
NEW YORK - Roger Ailes, founder and former chief executive of Fox News, the cable news channel popular with conservatives that helped reshape the U.S. political landscape, has died at age 77. Ailes' widow, Elizabeth Ailes, announced his death in a statement posted on the Fox News website on Thursday. The cause of death was not immediately known. He resigned from Fox News last July following allegations of sexual harassment, marking an abrupt end to his 20-year reign at the most-watched cable channel in the United States.
NEW YORK - A speeding car crashed into pedestrians on a sidewalk in New York City's busy Times Square on Thursday, May 18, causing multiple injuries, witnesses said. Thirteen people were treated for injuries, the New York Fire Department said on Twitter. The New York Police Department closed off the area. A Reuters witness said at least 10 people were being treated for injuries on the ground after the collision around noon ET (1600 GMT) at the Midtown Manhattan tourist site.
WASHINGTON - Michael Flynn and other advisers to Donald Trump’s campaign were in contact with Russian officials and others with Kremlin ties in at least 18 calls and emails during the last seven months of the 2016 presidential race, current and former U.S. officials familiar with the exchanges told Reuters. The previously undisclosed interactions form part of the record now being reviewed by FBI and congressional investigators probing Russian interference in the U.S. presidential election and contacts between Trump’s campaign and Russia.
WASHINGTON - Milwaukee County Sheriff David Clarke, an African-American who became a staunch critic of the "Black Lives Matter" movement and supported Donald Trump's presidential campaign, said on Wednesday he has accepted a job as assistant secretary of the U.S. Department of Homeland Security. Clarke told radio station WISN in Milwaukee that he would leave his post as sheriff next month to join the Department of Homeland Security. The post would not require Senate confirmation.
NEW YORK - U.S. stocks and the dollar dropped and bond prices rallied on Wednesday as investors fled risky assets amid uncertainty about U.S. President Donald Trump's ability to deliver on tax and regulatory reform. Reports that Trump asked then-FBI Director James Comey to end a probe into the former national security adviser have raised questions over whether Trump tried to interfere with a federal investigation.