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FCC asks Amazon and eBay to stop selling fake pay TV boxes
On Friday, the Federal Communications Commission sent a letter to Amazon CEO …read more […]
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San Francisco subpoenas Uber, Lyft on driver classification
SAN FRANCISCO (Reuters) – San Francisco’s city attorney has subpoenaed Uber Technologies Inc [UBER.UL] and Lyft Inc to turn over records relating to how the ride-hailing firms classify drivers, as well as driver wages, health care and other benefits in the latest probe in the city’s year-long investigation into the companies.
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'Solo' is Star Wars’ toothless confrontation of robot rights
Major spoilers for Solo ahead. …read more […]
Business News
Italy, banks drive Wall Street southward
(Reuters) – U.S. stock markets sank more than 1 percent in value on Tuesday on downbeat guidance on trading from JP Morgan and worries over Italy, putting the S&P and Dow Jones Industrial Average on track for their biggest one-day drops in a month.
Business News
Canada to buy Kinder Morgan oil pipeline in bid to save project
OTTAWA/WINNIPEG (Reuters) – Canada will buy Kinder Morgan Canada Ltd’s Trans Mountain pipeline for C$4.5 billion ($3.5 billion), the government said on Tuesday, hoping to save a project that faces formidable political and environmental opposition.
Business News
Opel agrees job guarantees, investments at German sites
BERLIN/FRANKFURT (Reuters) – German labor leaders on Tuesday agreed with PSA Group’s Opel unit on an investment plan and job guarantees for German factories in return for wage concessions.
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ABC cancels 'Roseanne' after racist tweets
CNBC’s Julia Boorstin reports the latest on ABC cancelling Roseanne Barr’s namesake show following her racist comments on Twitter. …read more […]
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Apple said to have chosen OLED for new iPhones; Japan Display shares plunge
TOKYO/SEOUL (Reuters) – Apple Inc has decided to use OLED screens in all three new iPhone models planned for next year, according to South Korea’s Electronic Times – a report that sent shares in Japan Display tumbling 10 percent. Japan Display, one of the main suppliers of iPhone liquid crystal display (LCD) screens, has lagged its South Korean rivals in OLED production. By contrast, shares in LG Display Co Ltd surged. …read more […]
Business News
Bayer wins U.S. nod for Monsanto deal to create agriculture giant
FRANKFURT/WASHINGTON (Reuters) – Bayer won U.S. approval for its planned takeover of Monsanto after agreeing to sell about $9 billion in assets, clearing a major hurdle for the $62.5 billion deal that will create by far the largest seeds and pesticides maker.
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Intel faces age discrimination allegations following layoffs
Intel’s push for greater diversity hasn’t helped it avoid trouble. The Wall …read more […]
Business News
Fiat Chrysler investors want electric road map in CEO’s swan song
MILAN/LONDON (Reuters) – Fiat Chrysler (FCA) boss Sergio Marchionne is expected to outline new plans for electric and hybrid cars in a strategy presentation on Friday, aiming to ensure the world’s seventh-largest carmaker remains in the race in the absence of a merger.
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How to make sure Russian hackers can’t attack your home router again
A new piece of Russian malware that can destroy consumers’ routers has the FBI warning users to restart their devices. But that won’t necessarily ensure that your router doesn’t become reinfected. …read more […]
Business News
Starbucks closes 8,000 stores for anti-bias training
(Reuters) – Starbucks Corp appealed to customers for forgiveness in a controversy over racial profiling on Tuesday, saying its behavior toward two black men last month had been reprehensible as it closed 8,000 U.S. stores for anti-bias training.
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How millennials are priced out of first-time home buying
About 25% of millennials still live with their parents – unable to buy a home. Yahoo Finance’s Seana Smith, Rick Newman, Myles Udland and Dion Rabouin discuss. …read more […]
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Trump tax cuts aren't trickling down yet
Have business really seen an impact from President Trump’s tax cuts? Yahoo Finance’s Seana Smith, Rick Newman, Dion Rabouin and Myles Udland discuss. …read more […]