Congress Moves to Strike Internet Privacy Rules From Obama Era Congress Moves to Strike Internet Privacy Rules From Obama Era:- Republican senators moved Thursday to dismantle landmark internet privacy protections for consumers in the first decisive strike against telecommunications and technology regulations created during the Obama administration, and a harbinger […]
Amazon.com wins $1.5 billion tax dispute over IRS Amazon.com wins $1.5 billion tax dispute over IRS:- Amazon.com Inc on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert Lauber of the U.S. […]
SEC charges two Israeli residents with Mobileye insider trading SEC charges two Israeli residents with Mobileye insider trading:- Two Israeli residents have been charged by the U.S. Securities and Exchange Commission with insider trading in Mobileye NV before the maker of sensors and cameras for driverless vehicles agreed to be […]
U.S. Senate votes to overturn Obama broadband privacy rules U.S. Senate votes to overturn Obama broadband privacy rules:- The U.S. Senate on Thursday voted narrowly to repeal regulations requiring internet service providers to do more to protect customers' privacy than websites like Alphabet Inc's Google or Facebook Inc (FB.O). The […]
Twitter explores subscription-based option for first time Twitter explores subscription-based option for first time:- Twitter Inc (TWTR.N) is considering whether to build a premium version of its popular Tweetdeck interface aimed at professionals, the company said on Thursday, raising the possibility that it could collect subscription fees from some users […]
New home sales hit seven-month high; jobless claims rise New home sales hit seven-month high; jobless claims rise:- New U.S. single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery was gaining momentum despite higher prices and rising mortgage rates. Other data on Thursday showed […]
Samsung Elec signals no holding company move for now Samsung Elec signals no holding company move for now:- Samsung Electronics Co Ltd (005930.KS) said on Friday it will be difficult to adopt a holding company structure at this time, rejecting U.S. activist hedge fund Elliott Management's proposal and ruling out […]
How a border tax could divide Boeing and its suppliers A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisions between big manufacturers like Boeing Co and the thousands of smaller companies that supply them, according to suppliers and tax and trade experts. U.S. automakers and other […]
U.S. shale leaves thousands of wells unfinished U.S. shale leaves thousands of wells unfinished:- U.S. shale producers are drilling at the highest rate in 18 months but have left a record number of wells unfinished in the largest oilfield in the country – a sign that output may not rise […]
Oil edges up as Saudis cut supplies to U.S., but global glut remains Oil edges up as Saudis cut supplies to U.S., but global glut remains:- Oil prices edged up on Friday, supported by a fall in Saudi exports to the United States, but overall markets remained under pressure on the […]