Business & Finance News
Mexican President-elect Andres Manuel Lopez Obrador said on Friday there was still time for Canada to join an updated North American Free Trade Agreement (NAFTA) between Mexico and the United States.
Facebook Inc said on Friday that hackers stole digital login codes allowing them to take over nearly 50 million user accounts in its worst security breach ever given the unprecedented level of potential access, adding to what has been a difficult year for the company’s reputation.
CBS Corp is facing probes by both New York city and state officials tied to sexual assault and harassment accusations of its ex-chief executive Leslie Moonves, the company revealed in a regulatory filing on Friday evening.
Google Chief Executive Sundar Pichai has agreed to testify before the U.S. House Judiciary Committee later this year over Republican concerns that the company is biased against conservatives and will also attend a meeting with President Donald Trump, government officials said Friday.
The United States and Mexico are due to release the text of their trade agreement on Friday, increasing pressure on Canada to join its partners in revamping the North American Free Trade Agreement while Mexico’s president-elect said he would insist on a trilateral pact.
A federal judge in Manhattan on Friday dismissed an unusual lawsuit in which billionaire investor Carl Icahn accused the law firm Wachtell, Lipton, Rosen & Katz of malpractice related to his 2012 hostile takeover of CVR Energy Inc .
CBS Corp said on Friday it had received subpoenas regarding the investigation into the allegations about former Chief Executive Leslie Moonves, CBS News and cultural issues in the company.
The U.S. dollar rose on Friday as the euro fell on deepening worries about an Italian budget with a higher-than-expected deficit target, which also slammed European stocks.
The UK’s Information Commissioner’s Office said on Friday it will make enquiries with Facebook Inc and other overseas regulators to find out if British citizens were affected by a security breach announced by the company earlier in the day.
Tesla Inc’s Elon Musk could settle with U.S. regulators who have sued to remove him from the electric carmaker’s leadership, but he is prepared to fight the securities fraud lawsuit against him in court, sources said on Friday as shares plunged about 14 percent.
Facebook Inc said on Friday that hackers stole digital login codes allowing them to take over up to 50 million user accounts, after what has already been a difficult year for the company’s reputation.
The U.S. dollar rose on Friday as the euro fell on deepening worries about the Italian budget and its new higher-than-expected deficit target, which also slammed European stocks.
Credit Suisse Group AG was fined $10 million on Friday by the U.S. Securities and Exchange Commission and New York Attorney General Barbara Underwood over its handling of retail customer orders, including through its dark pool.
The text of the Trump administration’s trade agreement with Mexico is due to be released on Friday, launching a contentious U.S. approval process as pressure mounts on Canada to join its partners in revamping the North American Free Trade Agreement.
Wall Street rose by a smidgen on Friday as gains led by Intel, real estate companies and utilities offset Facebook after the social network disclosed a security breach.
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