LONDON (Reuters) – Uber Technologies Inc won a probationary licence to operate in London on Tuesday in a partial victory for its new chief executive after it made changes to ease strained relations with city authorities.
(Reuters) – Facebook Inc on Tuesday decided to allow certain ads promoting cryptocurrency and related content from pre-approved advertisers, but would continue its ban on those tied to binary options and initial coin offerings.
NEW YORK (Reuters) – U.S. stocks rose on Tuesday as gains in the technology and energy sectors helped Wall Street recover from a sharp sell-off a day earlier on spiraling global trade tensions.
WASHINGTON (Reuters) – President Donald Trump said on Tuesday that sensitive U.S. technology can be protected from acquisition by China through the committee that scrutinizes foreign acquisitions of American companies, but the ultimate method was still being worked out.
WASHINGTON (Reuters) – An automotive trade group said on Tuesday it would tell the Trump administration that a U.S. threat to impose a tariff of up to 25 percent on imported passenger vehicles under national security grounds would cost American consumers $45 billion annually, or $5,800 per vehicle.
BOSTON (Reuters) – A former executive at State Street Corp was convicted on Tuesday of U.S. charges that he participated in a scheme to defraud several of the bank’s customers by charging them secret commissions on billions of dollars of trades.
NEW YORK (Reuters) – The U.S. government on Tuesday criminally charged a Standard & Poor’s credit ratings analyst and two friends, all from Manhattan, with insider trading related to Sherwin-Williams Co’s $9.3 billion purchase of Valspar Corp.
Baker Hughes will emerge from the shadow of parent General Electric Co. amid unprecedented turmoil and dislocation in the global oil business. GE’s plan to unload its 62.5 percent stake in the oilfield-services company over the next two to three years will leave Baker Hughes in much the same place it was before the industrial conglomerate absorbed it last year: battling the behemoths of oil services — Schlumberger Ltd. and Halliburton Co. — for customers and contracts. Since that combination, rising crude prices haven’t translated into improved results in many parts of the globe and Baker Hughes’s stock …read more […]
LONDON (Reuters) – Uber [UBER.UL] avoided a ban in London on Tuesday after the taxi-hailing app’s new management made changes to ease strained relations with the city’s transport regulator, but its new license will include strict conditions.
Leading the Apple (NASDAQ:AAPL) rumor mill today is news of all of AAPL’s product plans for 2018. 2018 Plans: A recent rumor claims to know all of Apple’s product plans for 2018, reports BGR. AirPods Case: An unlikely rumor claims that Apple will introduce a new feature to the AirPods’ charging case in its next generation, 9to5Mac notes. …read more […]
WASHINGTON (Reuters) – U.S consumer confidence ebbed in June, with households a bit pessimistic about their short-term income prospects, suggesting that an apparent acceleration in economic growth in the second quarter was unlikely to be sustained.
Bank of America Corp. was accused in a lawsuit of providing more than 100 accounts used to perpetrate what the U.S. regulators called a $102 million Ponzi scheme. The brother and sister who sued to recover losses from their late father’s investment claim the fraudsters “could not have perpetuated their scheme without the knowing assistance of their primary banking institution, Bank of America, which lent the scheme an air of legitimacy and provided critical support, including at times when the scheme would have otherwise collapsed,” according to the complaint. Bank of America spokesman Bill Halldin had no immediate …read more […]
Today we’re going to take a look at the well-established American Airlines Group Inc (NASDAQ:AAL). The company’s stock saw significant share price volatility over the past couple of months onRead More… …read more […]
(Reuters) – U.S. stocks rose on Tuesday as gains in technology, consumer discretionary stocks and General Electric helped Wall Street recover from a sharp sell-off a day earlier on spiraling global trade tensions.
GE is holding a fire sale, and investors are excited by the prospect. …read more […]
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