Wall Street bounces back with help from energy, technology
(Reuters) – U.S. stocks rebounded on Tuesday on gains in the energy, technology and consumer discretionary sectors after a sharp sell-off a day earlier on spiraling global trade tensions.
Put on probation, Uber wins London license to avoid ban
LONDON (Reuters) – Uber Technologies Inc won a probationary license to operate in London on Tuesday in a partial victory for its new chief executive after it made changes to ease strained relations with city authorities.
Facebook eases ban on cryptocurrency related ads
(Reuters) – Facebook Inc on Tuesday decided to allow certain ads promoting cryptocurrency and related content from pre-approved advertisers, but would continue its ban on those tied to binary options and initial coin offerings.
Tech, energy lead Wall Street rebound as trade worries ease
NEW YORK (Reuters) – U.S. stocks rose on Tuesday as gains in the technology and energy sectors helped Wall Street recover from a sharp sell-off a day earlier on spiraling global trade tensions.
Trump says CFIUS can protect U.S. technology from Chinese acquisitions
WASHINGTON (Reuters) – President Donald Trump said on Tuesday that sensitive U.S. technology can be protected from acquisition by China through the committee that scrutinizes foreign acquisitions of American companies, but the ultimate method was still…
Ex-State Street executive convicted in U.S. of hidden fee fraud
BOSTON (Reuters) – A former State Street Corp executive was convicted on Tuesday of participating in a scheme to defraud several of the bank’s customers by charging them secret commissions on billions of dollars of trades.
U.S. charges S&P analyst, 2 others with insider trading in paint merger
NEW YORK (Reuters) – The U.S. government on Tuesday criminally charged a Standard & Poor’s credit ratings analyst and two friends, all from Manhattan, with insider trading related to Sherwin-Williams Co’s $9.3 billion purchase of Valspar Corp.
Automakers to warn Trump of $45 billion higher vehicle costs if tariff imposed
WASHINGTON (Reuters) – An automotive trade group said on Tuesday it would tell the Trump administration that a U.S. threat to impose a tariff of up to 25 percent on imported passenger vehicles under national security grounds would cost American consume…
Put on probation, Uber wins shorter London license
LONDON (Reuters) – Uber Technologies Inc avoided a ban in London on Tuesday after the taxi-hailing app’s new management made changes to ease strained relations with city authorities, but its new license put it on probation in its largest European marke…
Uber wins London license but with conditions
LONDON (Reuters) – Uber [UBER.UL] avoided a ban in London on Tuesday after the taxi-hailing app’s new management made changes to ease strained relations with the city’s transport regulator, but its new license will include strict conditions.
