White House adviser holds out hope for progress in U.S.-China trade talks
White House economic adviser Larry Kudlow held out hope on Friday for progress in opening China’s financial services markets to American companies in trade talks next week, adding the U.S. team was heading into them “open-minded.”
Exclusive: Antitrust probers in Congress ask Spotify to detail alleged Apple abuses – sources
U.S. lawmakers have requested information from Apple critic Spotify as part of an antitrust probe, according to two sources briefed on the investigation into allegations the iPhone maker engages in anti-competitive behavior to support its own apps.
Oil rises about 1% on fall in U.S. unemployment rate
Oil prices rose on Friday as an increase in U.S. jobs eased some financial market concerns that a slowing global economy could dent oil demand, but crude remained down more than 5% for the week, on track for a second consecutive weekly decline.
Easing concerns about U.S. economy lift equity markets
A report showing a modest increase in U.S. jobs lifted world equity benchmarks broadly on Friday, restoring calm after one of the worst weeks for stocks in months.
Jobs report lifts Wall Street; S&P 500 still tracks worst week in six
U.S. stocks rose on Friday as moderate jobs growth in September offered some relief from a spate of dismal economic data this week that has rankled markets and fueled concerns that the United States was sliding into a recession.
FBI director warns Facebook could become platform of ‘child pornographers’
FBI Director Christopher Wray said on Friday that Facebook Inc’s proposal to encrypt its popular messaging program would turn the platform into a “dream come true for predators and child pornographers.”
Broadcom faces EU order to suspend some business practices: source
U.S. chipmaker Broadcom will be told by EU antitrust regulators this month to suspend certain business practices including exclusivity clauses with TV and modem makers, a person familiar with the matter said on Friday.
Disney bans ads from Netflix ahead of streaming launch: WSJ
Walt Disney Co is banning advertising from Netflix Inc across its TV networks, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Apple raises production of iPhone 11 models by about 10%: Nikkei
Apple Inc has asked suppliers to increase production of its iPhone 11 models by up to 8 million units, or about 10%, Nikkei Asian Review reported, hinting that demand for the recently launched versions of its flagship phone was picking up.
NHTSA reviewing claims 2,000 Tesla vehicles should have been recalled
The U.S. National Highway Traffic Safety Administration (NHTSA) said Friday it is reviewing a defect petition that claims Tesla Inc failed to issue a recall when it issued a software in 2,000 Model S and Model X vehicles in May.
