Hong Kong to unveil depth of recession amid protests, trade war
Hong Kong is expected to confirm on Friday it plunged into recession for the first time in a decade, amid concerns the economy could be in even worse shape than feared as months of anti-government protests take a heavy toll.
Nvidia follows Intel to predict strong growth in data center business
Nvidia Corp on Thursday joined rival Intel Corp to predict strong demand for chips used in data centers after its third-quarter revenue and profit beat market expectations.
Amazon challenges Pentagon’s $10-billion cloud award to Microsoft
Amazon.com Inc on Thursday said it is contesting the Pentagon’s award of an up to $10 billion cloud computing deal to Microsoft Corp , expressing concern that politics got in the way of a fair contracting process.
Icahn pushes for HP merger with Xerox: WSJ
Activist investor Carl Icahn has taken a stake in HP Inc and is pushing for the personal computer maker’s merger with printer maker Xerox Corp, arguing that a union could yield big profits for investors, according to the Wall Street Journal.
Amazon to protest Pentagon’s $10-billion cloud award to Microsoft: WSJ
Amazon.com Inc will protest the Pentagon’s decision to award a $10 billion cloud computing contract to Microsoft Corp , the Wall Street Journal reported (https://on.wsj.com/2CLjsdK) on Thursday, citing a statement.
Montana lawmakers seek more time for Keystone XL public, tribal input
Montana lawmakers representing Native American tribal members called on the state’s congressional delegation and the U.S. State Department on Thursday to extend the public comment period for the environmental review of the Keystone XL pipeline, saying …
Visa discloses FTC probe on debit transactions
Visa Inc on Thursday said the Federal Trade Commision (FTC) has initiated an inquiry into whether the payments processor’s actions prohibited merchants from using other debit payment networks.
Boeing brings back humans after automation problems on 777 assembly
Boeing Co has scaled back use of automation to make fuselage sections for its 777 jetliners amid reports of reliability issues and returned to having mechanics do some of the work, the planemaker said on Thursday.
Stocks, yields slip as investor sentiment wavers
World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third quarter, adding to concerns about the U.S.-China trade war’s impact on global growth.
Google antitrust probe to expand into Android: CNBC
The several dozen attorneys general investigating advertising practices at Alphabet Inc’s Google are planning to expand their antitrust probe into the unit’s flagship Android business, CNBC reported on Thursday, citing people familiar with the matter….