Nasdaq drops 1 percent as Facebook leads slide in tech stocks
(Reuters) – U.S. stocks fell on Monday, with the Nasdaq dropping more than 1 percent, as Facebook’s shares tumbled about 5 percent on reports that data of 50 million users were misused.
Thousands flock to auction of vehicles owned by Saudi tycoon
DAMMAM, Saudi Arabia (Reuters) – Thousands of people attended the first day of an auction of vehicles owned by indebted Saudi Arabian tycoon Maan al-Sanea and his company, a sale which officials say will go towards repaying about 18 billion riyals ($4….
Large U.S. retailers urge Trump not to hit China with tariffs
WASHINGTON (Reuters) – Several large U.S. retail companies, including Wal-Mart Inc, Target Corp, Best Buy Co Inc and Macy’s Inc, on Monday sent President Donald Trump a letter urging him not to impose massive tariffs on goods imported from China.
Large retailers urge Trump against China tariffs
WASHINGTON (Reuters) – Several large retail companies, including Wal-Mart, Target, Best Buy and Macy’s, are making a direct appeal to President Donald Trump not to impose massive tariffs on goods imported from China, in a letter sent to the White House…
Facebook shares slide after reports of data misuse
(Reuters) – Facebook Inc’s shares fell more than 4 percent in premarket trading after media reports that a political consultancy that worked on President Donald Trump’s campaign gained inappropriate access to data on 50 million Facebook users.
Toys ‘R’ Us stores may be closing, but name will live on
WILMINGTON, Del (Reuters) – Barring a last-minute buyer, Toys ‘R’ Us will soon disappear from U.S. shopping centers, but the name and its iconic Geoffrey the Giraffe mascot are likely to survive for another generation of Toys ‘R’ Us kids.
EU lawmakers to investigate alleged misuse of Facebook users’ data
BRUSSELS (Reuters) – EU lawmakers will investigate whether the data of more than 50 million Facebook users has been misused, the head of European Parliament said on Monday.
Saudi Aramco seeks majority stake in Indian refinery: Economic Times
(Reuters) – Oil giant Saudi Aramco is looking to buy a majority stake in a proposed refinery and petrochemical complex valued at 3 trillion rupees ($46.10 billion) in the western Indian state of Maharashtra, local daily Economic Times reported, citing …
Carl Icahn gets four board seats at Newell Brands
(Reuters) – Sharpie pens maker Newell Brands Inc will appoint four directors to its board picked by billionaire investor Carl Icahn, the company said on Monday.
Investor groups win vote on RBS shareholder committee
LONDON (Reuters) – The Royal Bank of Scotland will allow a shareholder vote on whether to give retail investors more power over the British state-backed lender, ceding to a demand from shareholder groups that had fought for this since 2016.
