Stocks fall as Trump impeachment talk grows; sterling up after Brexit ruling
A gauge of global stocks fell for a third day on Tuesday as a push by some Democrats for the impeachment of U.S. President Donald Trump gained momentum, and the British pound strengthened after the UK Supreme Court ruled Prime Minister Boris Johnson’s …
Sprint probed over U.S. low-income subsidies; shares slide 3.3%
Sprint Corp received tens of millions of dollars in government subsidies for 885,000 low-income subscribers who were not using the service, the Federal Communications Commission said on Tuesday.
Google launches subscription service for select apps and games
Alphabet Inc’s Google said on Monday it is rolling out Google Play Pass, a subscription service that gives Android users access to more than 350 apps and games without ads and in-app purchases.
Huawei CFO arrives at Vancouver court for hearing expected to disclose arrest details
Huawei Chief Financial Officer Meng Wanzhou arrived at a Canadian courtroom on Monday along with her lawyers to press for more details surrounding her arrest at Vancouver’s airport nearly 10 months ago.
China buys about 10 cargoes of U.S. soybeans after trade talks
Chinese importers bought about 10 boatloads of U.S. soybeans on Monday following deputy-level trade talks in Washington last week that were overshadowed by the abrupt cancellation of a U.S. farm state visit by Chinese agriculture officials.
Wall Street buoyed by Apple; trade concerns, mixed PMI cap gains
Apple Inc boosted the S&P 500 and the Nasdaq on Monday, even as gains were limited by mixed economic cues in the face of a prolonged U.S.-China trade war.
Ex-Wall Street banker Sean Stewart guilty in second insider trading trial
Former Wall Street investment banker Sean Stewart was found guilty on Monday of insider trading a second time for passing tips about healthcare industry mergers to his father.
Exclusive: We Company CEO Neumann starts talks on his role at WeWork parent – sources
WeWork co-founder Adam Neumann has started talks with board directors and investors to discuss his future role at the U.S. office-sharing start-up, including the possibility of giving up his title as chief executive, people familiar with the matter sai…
Hyundai Motor Group, Aptiv to set up $4 billion self-driving car venture
Hyundai Motor Group will invest $1.6 billion in a joint venture to develop self-driving vehicle technologies with Aptiv , the biggest overseas investment by the South Korean carmaker to catch up to rivals in the autonomous car market.
U.S. court deals setback to FCC push to revamp media ownership rules
The Federal Communications Commission suffered a setback on Monday in a long-running legal battle when a federal appeals court struck down its latest effort to loosen U.S. media ownership rules.
