Alphabet shares slide 6% on possible DoJ antitrust probe
Alphabet Inc’s shares closed 6% down on Monday following reports that the U.S. Justice Department may investigate Google for hampering competition.
Explainer: U.S. dependence on China’s rare earth – Trade war vulnerability
Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers.
House panel to probe competition in digital markets
The U.S. House of Representatives Judiciary Committee said on Monday it had started a bipartisan investigation into competition in digital markets.
Mexico draws red line on asylum before talks on Trump’s tariff threat
Mexico said on Monday it would reject a U.S. idea to take in all Central American asylum seekers if it is raised at talks this week with the Trump administration, which has threatened to impose tariffs if Mexico does not crack down on illegal immigrati…
U.S. probe of Google’s online ad dominance would appease long suffering rivals, publishers
Ad tech firms and publishers have had to stay in the good graces of Google or risk insolvency.
Major automakers post U.S. higher May new vehicle sales
Major automakers on Monday reported better-than-expected U.S. new vehicle sales for May, posting the first monthly increase for 2019 as a strong economy and upbeat consumer sentiment boosted demand.
Tech selloff sends Wall St. lower, Nasdaq enters correction
The three major U.S. stock indexes declined on Monday and Nasdaq confirmed it was in a correction, dragged down by Alphabet, Facebook and Amazon.com on fears the companies are the targets of U.S. government antitrust regulators.
Oil falls as trade worries mount, Saudi comments limit losses
Oil fell on Monday as U.S. trade disputes with Mexico and China deepened concerns about weakening global crude demand, while a slump in equities also weighed on crude futures.
Mexico draws asylum red line ahead of talks about Trump’s tariffs
Mexico on Monday said it would reject a U.S. idea to take in all Central American asylum seekers if it is raised at talks this week with Trump administration, which has threatened to impose tariffs if Mexico does not crack down on illegal immigration.
Apple challenges Google, Facebook for web login, touts privacy
Apple Inc on Monday launched a “Sign In With Apple” function to rival Facebook and Google web login accounts, drawing a contrast with rivals by stressing protection of users’ information.
