Facebook shares dip as U.S. regulator announces privacy probe
WASHINGTON (Reuters) – Facebook Inc shares fell as much as 6.5 percent on Monday after the main U.S. consumer protection regulator said it was investigating how the social network allowed data of 50 million users to get into the hands of a political c…
Twitter to ban cryptocurrency ads from Tuesday as online crackdown widens
LONDON (Reuters) – Twitter Inc will start banning cryptocurrency advertising from Tuesday, joining Facebook and Google in a clampdown that seeks to avoid giving publicity to potential fraud or large investor losses.
Daniel Loeb’s Third Point seeks stake in United Technologies
(Reuters) – Billionaire hedge fund manager Daniel Loeb’s firm Third Point LLC wants to build a stake in United Technologies Corp ,
Easing trade war tensions boost Wall Street
(Reuters) – U.S. stocks advanced on Monday as signs that the United States and China were willing to negotiate on tariffs eased concerns about a trade war between the two countries.
Saudi Aramco ready for IPO in second half of 2018: CEO
NEW YORK (Reuters) – Saudi Aramco will be ready for an initial public offering in the second half of 2018 and the work is ongoing, Amin Nasser, the chief executive officer of the state oil company, said in a Bloomberg television interview on Monday.
Daniel Loeb’s Third Point eyeing stake in United Technologies
(Reuters) – Billionaire hedge fund manager Daniel Loeb’s firm Third Point LLC wants to build a stake in United Technologies Corp , according to a filing with the Federal Trade Commission, as the U.S. aero parts maker explores a breakup of its businesse…
New York Fed’s Dudley says regulators should increase focus on bank executives
WASHINGTON (Reuters) – Banks should adopt compensation plans that discourage excessive risk-taking and place greater onus on senior managers for wrongdoing, the outgoing head of the New York Federal Reserve said on Monday.
Wall Street climbs as trade war fears cool
(Reuters) – U.S. stocks were higher on Monday as fears about a trade war between the United States and China eased following reports that the two countries were willing to negotiate tariffs and trade imbalances.
Twitter to ban crypto ads as online crackdown widens
LONDON (Reuters) – Twitter Inc is to ban cryptocurrency advertising, joining Facebook and Google in a clampdown on the industry over the risk of giving publicity to potential fraud or large investor losses.
Goldman Sachs’ stock-based pay ratio still much higher than rivals’
BOSTON (Reuters) – Goldman Sachs Group Inc pays employees a much bigger portion in stock than Wall Street rivals, a trend that has come into sharper focus as the bank overhauls its business strategy.
