Trading Ideas
Tech slammed as Twitter's Dorsey testifies before House committee
Stocks are down, with the Nasdaq getting slammed, as big-tech execs get grilled on the Capitol Hill. …read more […]
Month: September 2018
Business News
Exclusive: Tribune Media in new sale talks after Sinclair deal collapse – sources
U.S. TV station owner Tribune Media Co is kicking off a new round of talks to sell itself after its planned $3.9 billion sale to peer Sinclair Broadcast Group Inc failed to get regulatory clearance, people familiar with the matter said on Wednesday.
Business News
‘Don’t touch me,’ Senator Rubio tells conspiracy theorist Alex Jones
Don’t mess with U.S. Senator Marco Rubio.
Business News
U.S. Department of Justice looks into social media firms over free speech
The Justice Department said on Wednesday it has convened a meeting with state attorneys general to discuss concerns that social media platforms were “intentionally stifling the free exchange of ideas.”
Business News
NAFTA talks to resume in afternoon after Canada cites ‘goodwill’
Canada insisted there was still room to salvage the North American Free Trade Agreement after talks on Wednesday with the United States and said both sides would meet again later in the day after separate discussions on this morning’s proposals.
Business News
Trump says we have to make a fair trade deal with Canada
President Donald Trump on Wednesday said the United States should have a fair trade deal with Canada, as the two countries resumed negotiations over renegotiating the North American Free Trade Agreement.
Business News
‘Don’t touch me,’ U.S. Senator Rubio tells conspiracy theorist Alex Jones
Don’t mess with U.S. Senator Marco Rubio.
Business News
Uber ‘on track’ for IPO in 2019, no plans to sell tech unit: CEO
Uber Technologies Inc [UBER.UL] Chief Executive Dara Khosrowshahi said on Wednesday the ride-hailing company was on track to launch an initial public offering next year and had no plans to sell its self-driving car research arm.
Business News
Atlanta Fed pares U.S. third-quarter GDP growth view to 4.4 percent
The U.S. economy is expanding at a 4.4 percent annualized rate in the third quarter, the Atlanta Federal Reserve’s GDPNow forecast model showed on Wednesday, following the latest data on trade and auto sales.
Business News
Nasdaq slumps as Facebook, Twitter weigh on tech stocks
The Nasdaq tumbled on Wednesday, on pace for its biggest one-day drop in three weeks, as investors sold off technology stocks on concerns stemming from U.S. lawmakers grilling Twitter and Facebook executives over foreign efforts to tilt U.S. politics.
Business News
U.S. Congress grills Facebook, Twitter over foreign bids to tilt politics
Executives from Facebook Inc and Twitter Inc faced threats of legislative action from skeptical U.S. lawmakers on Wednesday over what many members of Congress see as a failure to combat foreign efforts to influence U.S. politics.
Business News
Justice Dept. says probing social media companies for stifling ‘free exchange of ideas’
The Justice Department said on Wednesday that it had met with state attorneys general to discuss concerns that social media platforms were “intentionally stifling the free exchange of ideas.”
Business News
‘Don’t touch me,’ U.S. Senator Rubio tells conspiracy theorist Jones
Don’t mess with U.S. Senator Marco Rubio.
Business News
Senate votes to advance Trump’s pick for SEC commissioner
The U.S. Senate voted 85 to 14 on Wednesday to confirm Elad Roisman, President Donald Trump’s pick as commissioner to fill the vacant Republican seat atop Wall Street’s securities regulator.
Business News
Congress grills Facebook, Twitter over foreign bids to tilt politics
Executives from Facebook Inc and Twitter Inc defended their companies to skeptical U.S. lawmakers on Wednesday over what many members of Congress see as a failure to combat continuing foreign efforts to influence U.S. politics.