Aptoide wins court battle against Google in landmark case
Portuguese app store Aptoide said on Monday that a local court had ruled against Alphabet Inc’s Google in a landmark case, ordering the U.S. giant to stop removing its app from users’ mobile phones without their knowledge.
Netflix adds to growing debt pile with $2 billion bond issue
(This version of the Oct. 22 story corrects to say new debt will be senior unsecured notes and removes reference to their priority over other debt in the penultimate paragraph)
Dow, S&P slip as energy, financials weigh; tech boosts Nasdaq
The S&P 500 and Dow Jones Industrial Average dropped in volatile trading on Monday as a boost from news in China and Italy faded and losses in energy and financial stocks weighed, but gains in technology stocks helped limit losses and lifted the Nasdaq.
Branson steps down from role as chairman of Virgin Hyperloop
Richard Branson is quitting as chairman of Virgin Hyperloop One, saying the company, that plans to build a supersonic transport system in the United Arab Emirates and other countries, needs a more actively involved leader, the firm said on Monday.
Ford sees higher metal costs, hopes China and U.S. can settle trade issues
Ford Motor Co has seen higher steel and aluminum costs driven by trade tariffs bite into profit, but is hopeful the United States and China can avoid further tensions that could make things more costly, a top Ford executive said on Monday.
Portugal’s Aptoide says wins first court ruling against Google
Portuguese app store Aptoide said on Monday a local court has ruled against Alphabet Inc’s Google, ordering it to stop removing Aptoide’s app from users’ mobile phones without their knowledge in a landmark case.
Dow, S&P 500 drop as dollar rises, yield curve flattens
U.S. stocks were slightly lower in choppy trade on Monday while the dollar strengthened and the U.S. yield curve flattened after European equities reversed earlier gains to close lower.
Oil little changed despite Saudi pledge to boost output
Oil futures were little changed on Monday after paring earlier losses despite Saudi Arabia’s pledge to raise crude production to a record high, two weeks before U.S. sanctions potentially choke off Iranian supplies.
Netflix $2 billion debt issue adds to spending nerves
Netflix Inc announced its third tap of debt markets in a year on Monday, aiming to raise another $2 billion as the streaming video pioneer invests heavily in original shows and acquiring content to fend off intensifying competition.
Linde-Praxair deal clears final hurdle with U.S. antitrust nod
Industrial gases groups Praxair and Linde won U.S. antitrust approval for their $86 billion merger on Monday, clearing the last hurdle for the deal in the nick of time.
