Facebook, Google, Twitter asked to testify on Russian meddling Facebook, Google, Twitter asked to testify on Russian meddling: Executives from Facebook, Alphabet Inc’s Google and Twitter have been asked to testify to the U.S. Congress in coming weeks as lawmakers probe Russia’s alleged interference in the 2016 U.S. election, committee […]
Current Business Updates USA News
U.S. consumer confidence slips; new home sales hit eight-month low U.S. consumer confidence slips; new home sales hit eight-month low: U.S. consumer confidence fell in September and home sales dropped to an eight-month low in August due to the impact of Hurricanes Harvey and Irma, supporting the view that the […]
Asian shares wilt yen firms as Korean tensions rise Asian shares wilt yen firms as Korean tensions rise: Asian shares withered on Tuesday and the yen firmed against the backdrop of rising tensions on the Korean Peninsula, and as investors awaited fresh signals about the U.S. monetary policy outlook. MSCI’s […]
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 […]
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 […]
Tech stocks sell-off deepens fears of shift away from sector Tech stocks sell-off deepens fears of shift away from sector: Technology stocks including Facebook (FB.O), Microsoft (MSFT.O) and Alphabet (GOOGL.O) dropped sharply on Monday, increasing worries that the top-performing sector is falling out of favor as investors look elsewhere for […]
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, […]
SEC chairman belatedly learned of 2016 agency hack testimony SEC chairman belatedly learned of 2016 agency hack testimony: The chairman of the U.S. Securities and Exchange Commission belatedly found out in August, about three months after being confirmed, that hackers breached the regulator’s database of corporate announcements in 2016, according […]
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 […]
Take Five World markets themes for the week ahead Take Five World markets themes for the week ahead: Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1/ STRONG QUARTER? NOT HALF It’s the end of […]
