Facebook suspends location-sharing feature after Italian copyright suit Facebook suspends location-sharing feature after Italian copyright suit:- Facebook Inc has suspended its location-sharing feature in Italy after a Milan court ruled last year that the social networking giant had violated competition and copyright laws by effectively copying a similar app from […]
Investor group seeks to bar Snap from indexes over voting rights Investor group seeks to bar Snap from indexes over voting rights:- A group representing large institutional investors has approached index providers S&P Dow Jones Indices and MSCI Inc, looking to bar Snap Inc (SNAP.N) and any other company that […]
Self-driving bus with no back-up driver nears California street Self-driving bus with no back-up driver nears California street:- A pair of $250,000 autonomous buses began driving around an empty San Francisco Bay Area parking lot on Monday, preparing to move onto a local public road in California's first pilot program […]
IT services firm stocks dip after govt suspends fast tech visas IT services firm stocks dip after govt suspends fast tech visas:- Technology services company shares dipped on Monday after the Trump administration announced it would temporarily suspend expedited applications for H-1B visas widely used by foreign tech workers. U.S. […]
U.S, Germany should discuss trade outside EU U.S, Germany should discuss trade outside EU:- Trump administration trade adviser Peter Navarro said on Monday the $65 billion U.S. trade deficit with Germany was "one of the most difficult" trade issues, and bilateral discussions were needed to reduce it outside of European […]
Trump tweets hurt equities; U.S. dollar gains Trump tweets hurt equities; U.S. dollar gains:- Global equity markets fell on Monday as U.S. President Donald Trump's allegations that he was wiretapped by his predecessor raised worries about his ability to push ahead with tax reform plans, while the dollar rose on […]
Oil market whipsawed as OPEC production discussed Oil market whipsawed as OPEC production discussed:- Benchmark Brent gained while U.S. crude eased slightly on Monday, after the market pushed higher early in the day on reports that Iraq would participate if OPEC extended oil production curbs into the second half of […]
Honda to begin U.S. production of new 10-speed transmission Honda to begin U.S. production of new 10-speed transmission:- Honda Motor Co Ltd (7267.T) said on Monday it had invested nearly $150 million in two U.S. plants for making 10-speed automatic transmission for front-wheel-drive vehicles. The investment includes $100 million for […]
Publicity looms as PwC, MF Global go to trial in New York Publicity looms as PwC, MF Global go to trial in New York:- Publicity about both the recent Academy Awards and Wall Street hung over a Manhattan courtroom on Monday as lawyers struggled to find jurors to decide whether […]
Exxon to invest $20 billion on U.S. Gulf Coast refining projects Exxon to invest $20 billion on U.S. Gulf Coast refining projects:- Exxon Mobil Corp (XOM.N), the world's largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining […]
