U.S. lawmaker says tech companies must quickly remove violent content after New Zealand
Following the live-streaming on social media of the mass shooting in New Zealand, the chair of the U.S. House Committee on Homeland Security wrote a letter to top executives of four major technology companies urging them to do a better job of removing …
Stocks and oil touch 2019 highs; sterling wobbles, like Brexit
Stocks across the globe rose for a seventh straight session on Tuesday despite late selling on Wall Street, while the pound wobbled against the dollar as traders expected European Union officials would allow Britain a delay on Brexit.
Viacom warns customers channels may go dark on DirecTV
Viacom Inc said on Tuesday it has begun warning viewers that its channels could go dark on AT&T Inc-owned DirecTV if it fails to reach a new contract by midnight March 22.
GM to invest $2.7 billion in Sao Paulo, Brazil factories over five years
General Motors Co said on Tuesday it would invest $2.7 billion in two Brazilian factories over the next five years, sparing them from a shakeup of the automaker’s operations, a decision hailed by the governor of Brazil’s largest state.
Tencent Music reports full-year 2018 profit of $272.7 million
China-based music streaming company Tencent Music Entertainment Group on Tuesday reported a profit of 1.83 billion yuan ($272.7 million) for full-year 2018, in its first earnings report since going public.
Exclusive: Lyft’s IPO oversubscribed after two days – sources
Lyft Inc’s initial public offering (IPO) is oversubscribed based on commitments made so far by investors, making it more likely that the ride-hailing startup will fetch or even exceed the $23 billion valuation it is seeking, people familiar with the ma…
IKEA ramps up Mexico launch plans, targets capital and major cities
IKEA is scouting Mexico’s biggest cities for its first store locations in the country, the furniture retailer said, as it expands in Latin America to battle growing competition in its core U.S. and European markets.
Wall Street gives up gains on news of troubled trade talks
The benchmark S&P 500 index ended little changed on Tuesday as investor optimism regarding the Federal Reserve’s expected affirmation of its dovish policy stance was offset by reports of fault lines emerging in ongoing U.S.-China trade negotiations.
FedEx misses earnings estimates, cuts full-year EPS forecast again
Package delivery company FedEx Corp missed analysts’ estimates for quarterly profit and cut its full-year earnings per share forecast for the second time, citing weaker global trade growth, sending its shares down 5 percent on Tuesday.
Trump set to name former Delta executive to head FAA: sources
U.S. President Donald Trump is expected nominate former Delta Air Lines executive Steve Dickson to head the Federal Aviation Administration (FAA) as early as Tuesday, two people briefed on the matter said.
