Top executives from Facebook Inc and Twitter Inc defended their companies in the U.S. Congress on Wednesday over what lawmakers see as a failure to combat continuing foreign efforts to influence U.S. politics.
U.S. Senator Mark Warner told the Senate Select Committee on Intelligence on Wednesday that Congress will need to act to stop foreign bad actors who use social media like Facebook Inc and Twitter Inc to interfere in U.S. elections.
U.S. stock indexes were lower on Wednesday, weighed down by Facebook, energy stocks and concerns over the possibility of President Donald Trump going through with plans to slap new tariffs on Chinese goods as early as this week.
Twenty First Century Fox said on Wednesday it made a $100 million investment in social broadcasting platform Caffeine.
U.S. President Donald Trump on Wednesday criticized Nike Inc following the debut of its advertising campaign with Colin Kaepernick, the NFL quarterback who sparked a national controversy by kneeling during the national anthem.
Bayer is ready to spend money on more drug licensing agreements like last year’s deal with Loxo Oncology but its priority is to reduce debt after the takeover of Monsanto.
Senator Richard Burr, the Republican chairman of the U.S. Senate Intelligence Committee, said on Wednesday that the “national security vulnerability” and “unacceptable risk” of social media platforms remain unaddressed.
U.S. stocks opened lower on Wednesday as investors considered the likelihood of President Donald Trump going through with plans to impose a fresh round of tariffs on Chinese goods right after consultations end on Thursday.
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Twenty First Century Fox said on Wednesday it led a $100 million funding round in gaming and entertainment broadcasting platform Caffeine.
American Airlines President Robert Isom said on Wednesday he sees growth opportunities in three higher-margin hubs where the U.S. carrier will be adding gates and flights over the next three years.
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The U.S. trade deficit rose to a five-month high in July as exports of soybeans and civilian aircraft declined and imports hit a record high, suggesting the Trump administration’s protectionist policy was so far not having an impact.
Oilfield services provider Halliburton Co expects moderating activity in the Permian Basin and a slower-than-expected ramp-up of new Middle East contracts to hurt third-quarter profit by 8 cents to 10 cents per share, its chief executive officer said on Wednesday. Pipeline bottlenecks, a tight labor market and inflation are slowing activity in the largest U.S. shale basin, CEO Jeff Miller said at a Barclays conference in New York. The slowdown threatens to undermine a recovery in the oilfield services sector, which was hit hard by the 2014 downturn in oil …read more […]
Bayer cut its earnings forecast on Wednesday due to delays to its $63 billion takeover of Monsanto, and said sales of its consumer care products fell, hitting its shares, already reeling from a legal battle over the weed killer Roundup.
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