Wall St. declines on tech selloff, North Korea concern Wall St. declines on tech selloff, North Korea concern: Wall Street dipped on Monday, as a selloff in technology shares weighed heavily on the Nasdaq, while the most recent statement from North Korea’s to Washington added to a cautious tone. North […]
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Uber CEO tells London I’m sorry for the mistakes we’ve made Uber CEO tells London I’m sorry for the mistakes we’ve made: Uber’s Chief Executive apologized on Monday for the taxi app’s mistakes in London and promised to change as the firm fights a decision by the city not to […]
Walt Disney threatens to pull ESPN ABC from Optimum Walt Disney threatens to pull ESPN ABC from Optimum: Walt Disney Co (DIS.N) has threatened to pull its programming from the fourth largest U.S. cable distributor, Altice USA, if the two parties cannot reach a deal before the end of the month, […]
U.S. agency claims huge hole in Westinghouse pension plan U.S. agency claims huge hole in Westinghouse pension plan: Employees of U.S. nuclear power firm Westinghouse Electric Co LLC, which is bankrupt and reeling from a failed reactor project, got a nasty surprise recently: in the eyes of the U.S. government’s […]
Bettencourt death stirs speculation about L’Oreal ownership Bettencourt death stirs speculation about L’Oreal ownership: The death of billionaire Liliane Bettencourt focused attention on Friday on how L‘Oreal’s founding family and major shareholder Nestle (NESN.S) would manage their stakes in the world’s biggest cosmetics firm. Bettencourt, listed by Forbes as the […]
Shorting volatility Rising risks mean itchier trigger fingers Shorting volatility Rising risks mean itchier trigger fingers: A long stretch of low volatility for U.S. stocks has made betting on continued calm a popular and lucrative trade, but traders and strategists warn that risks to the trade have mounted, while the potential […]
Unfit Uber stripped of London license CEO tweets pls work w/us Unfit Uber stripped of London license CEO tweets pls work w/us: London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow […]
Google bets anew on smartphones, pays $1.1 billion for HTC’s Pixel division Google bets anew on smartphones, pays $1.1 billion for HTC’s Pixel division: Alphabet Inc’s (GOOGL.O) Google said it would pay $1.1 billion for the division at Taiwan’s HTC Corp (2498.TW) that develops the U.S. firm’s Pixel smartphones – its […]
Oil settles flat as unease builds ahead of OPEC meeting Oil settles flat as unease builds ahead of OPEC meeting: Oil prices settled nearly flat on Thursday, the eve of a meeting of major oil-producing countries in Vienna to discuss whether they will extend production limits that have helped reduce the […]
As tax debate heats up, Republicans tweak business interest plan As tax debate heats up, Republicans tweak business interest plan: Congressional Republicans, seeking to address the complaints of small businesses, are floating changes to their controversial proposal to eliminate business tax deductions for debt interest payments, business lobbyists said on […]
