Asian stocks set to fall as Wall St. snaps three-day winning streak
Asian stocks were set to dip on Thursday after a choppy Wall Street session as spiking coronavirus cases and prospects of new lockdowns erased earlier confidence about a global economic recovery.
Google, Fitbit deal may hamper competition: Australian regulator
Australia’s consumer watchdog said on Thursday it had concerns that Alphabet Inc-owned Google’s planned $2.1 billion acquisition of fitness tracker company Fitbit may hinder competition in digital advertising and health markets.
Glass Lewis opposes Tesla chairwoman’s re-election to Board: Bloomberg News
Proxy-adviser Glass Lewis has urged Tesla Inc investors to vote against re-electing chairwoman Robyn Denholm to the company’s board due to an arrangement with Elon Musk that raises corporate governance concerns, Bloomberg reported on Wednesday.
Oil prices drop on demand worries as coronavirus cases rise
Oil prices fell more than 1% in early trade on Thursday as a spike in new coronavirus cases in China and the United States renewed fears that people would stay home and stall a recovery in fuel demand even as lockdowns ease.
Australian regulator raises concerns over Google, Fitbit deal
Australia’s consumer watchdog on Thursday raised initial competition concerns over Alphabet Inc-owned Google’s $2.1 billion bid for fitness tracker company Fitbit .
Dollar holds advantage as anxiety grows over rise in coronavirus cases
The dollar held onto gains on Thursday as growing concerns about a rise in coronavirus cases underpinned safe-haven demand for the U.S. currency.
Asian stocks set to fall as Wall St snaps 3-day winning streak
Asian stocks were set to dip on Thursday after a choppy Wall Street session as spiking coronavirus cases and prospects of new lockdowns erased earlier confidence about a global economic recovery.
Ex-Morgan Stanley diversity officer says bank slashed her budget by 71%
A lawyer representing a former Morgan Stanley diversity officer who is suing the bank over racial discrimination said on Wednesday the bank cut her client’s budget for promoting diversity and financial education by 71% from the time she started in wea…
Trump administration proposes rolling back protections for big tech
The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections big tech platforms like Alphabet’s Google and Facebook have had for decades, a senior official said, following through on President Donald Trump’s b…
Unemployment payments backlog draws hundreds to Kentucky’s capital
Hundreds of people who lost jobs during the coronavirus crisis but have been unable to get their unemployment insurance checks converged at the Kentucky Capitol in Frankfort early Wednesday to seek in-person help.
