Apple unveils new privacy tools ahead of EU law
BRUSSELS (Reuters) – Apple is introducing new tools that will allow consumers to control how their data are used and deactivate their Apple ID accounts, as tech companies strive to bring their services into line with a tough new EU data protection law…
GE charge, restatement may help explain cash issues
NEW YORK (Reuters) – General Electric Co is poised to shine light into a sizable part of its financial black box, an area that governs how it estimates revenue from long-term contracts.
Wall Street up more than 1 percent on last day of tumultuous quarter
(Reuters) – U.S. stocks jumped on Thursday as technology shares bounced back from a sharp selloff ahead of a long weekend that will mark the end of a turbulent quarter for Wall Street.
Trump escalates attack on Amazon, focusing on tax, shipping
WASHINGTON (Reuters) – U.S. President Donald Trump accused Amazon.com Inc on Thursday of not paying enough tax, taking advantage of the U.S. postal system and putting small retailers out of business, but he offered no evidence to back up his criticism…
Big Deutsche Bank investors seek clarity on CEO: sources
FRANKFURT (Reuters) – Large investors in Deutsche Bank have urged its chairman to provide a clear signal on whether the board backs the lender’s embattled chief executive or not, sources close to the matter told Reuters on Thursday.
FirstEnergy calls on U.S. energy secretary to save nuclear, coal plants
(Reuters) – FirstEnergy Corp called on U.S. Energy Secretary Rick Perry on Thursday to direct the operator of the Mid Atlantic and Midwest power grid to take steps to keep several nuclear and coal-fired power plants in service to maintain the future r…
Wall Street surges on last day of turbulent quarter
(Reuters) – U.S. stocks jumped on Thursday as technology shares bounced back from a sharp selloff ahead of a long weekend that marks the end of a turbulent quarter for Wall Street.
Melrose wins UK engineer GKN with $11 billion hostile bid
LONDON (Reuters) – Melrose Industries has narrowly clinched an 8 billion-pound ($11 billion) takeover of British engineer GKN , winning an acrimonious three-month battle for control of the FTSE 100 company.
Tesla shareholder lawsuit against SolarCity deal set to proceed
(Reuters) – A class action lawsuit by Tesla Inc shareholders against the electric car maker’s chief executive, Elon Musk, and the company’s board over the SolarCity deal was set to proceed after a Delaware judge refused to dismiss it.
Barclays $2 billion fraud fine resolves major U.S. legal issue
LONDON/WASHINGTON (Reuters) – Barclays will pay $2 billion to settle claims for billions of dollars of losses suffered by investors who bought toxic mortgage-backed securities in the run-up to the 2007 financial crisis, the U.S. Justice Department sai…
