Wall St. plunges, S&P 500 erases 2018’s gains
(Reuters) – U.S. stocks plunged in highly volatile trading on Monday, with the Dow industrials falling nearly 1,600 points during the session, its biggest intraday decline in history, as investors grappled with rising bond yields and potentially firmin…
Senators urge Trump administration to resume Equifax probe
WASHINGTON (Reuters) – Democratic senators and consumer advocates on Monday urged the Trump administration to resume an investigation into how Equifax failed to protect the personal data of millions of consumers after Reuters reported that the head of …
At car secrets trial, Uber decries ‘conspiracy theory’, Waymo says Uber cheats
SAN FRANCISCO (Reuters) – Uber [UBER.UL] was either a cheating competitor willing to break the law to win the race to develop self-driving cars, or the victim of an unproven conspiracy theory stitched together by its main rival, Waymo, jurors heard in …
Dow briefly falls more than 10 percent from high
NEW YORK (Reuters) – The Dow briefly fell more than 10 percent from its Jan. 26 record high on Monday before paring losses to trade above its lows of the day.
Bitcoin extends slide, falls below $7,000
NEW YORK (Reuters) – Digital currency bitcoin <BTC=BTSP> fell more than 15 percent on Monday to a nearly three-month low amid a slew of concerns ranging from a global regulatory clampdown to a ban on using credit cards to buy bitcoin by British a…
Buffett’s BNSF railroad eyes blockchain for shipping freight
NEW YORK (Reuters) – Warren Buffett’s railroad is taking a ride on the blockchain.
Broadcom unveils $121 billion ‘best and final’ offer for Qualcomm
(Reuters) – Broadcom Ltd made a $121 billion “best and final offer” on Monday to acquire Qualcomm Inc, ratcheting up pressure on its U.S. semiconductor peer to engage in talks on what would be the biggest ever technology acquisition.
Wall Street lower as losses in energy, bank stocks weigh
(Reuters) – U.S. stocks were trading lower in early afternoon on Monday as bond yields continued to hover near multi-year highs and losses in energy and financial stocks weighed.
Waymo tells self-driving car secrets trial Uber ‘cheating’; Uber: nothing there
SAN FRANCISCO (Reuters) – Uber [UBER.UL] was either a cheating competitor willing to break the law to win the race to develop self-driving cars, or the victim of an unproven conspiracy theory stitched together by its main rival, Waymo, jurors heard in …
Qualcomm shares fall as reports say Apple may scrap its chips
(Reuters) – Qualcomm Inc’s shares fell 3 percent on Monday after two brokerages said Apple Inc might drop the chipmaker in favor of Intel Corp as the supplier for modem chips in its next generation of iPhones.
