GoPro cuts 200-300 jobs in aerial products unit: TechCrunch
(Reuters) – Action camera maker GoPro Inc is cutting about 200 to 300 jobs in its aerial products division this week, technology news website TechCrunch reported on Thursday.
Uber ex-CEO Kalanick plans to sell 29 percent of stake: Bloomberg
(Reuters) – Uber Technologies Inc’s [UBER.UL] former chief executive, Travis Kalanick, plans to sell about 29 percent of his stake in the ride hailing company, Bloomberg reported on Thursday, citing sources.
Oil prices hold near 2015 highs, but doubts over rally emerge
SINGAPORE (Reuters) – Oil prices held firm on Friday, with Brent crude up by more than 10 percent from its December lows on the back of political tensions in OPEC-member Iran and a tightening U.S. market.
Apple to issue fix for iPhones, Macs at risk from ‘Spectre’ chip flaw
SAN FRANCISCO (Reuters) – Apple Inc will release a patch for the Safari web browser on its iPhones, iPads and Macs within days, it said on Thursday, after major chipmakers disclosed flaws that leave nearly every modern computing device vulnerable to ha…
Asian shares approach 2007 peak, dollar weak on soft inflation prospects
TOKYO (Reuters) – Asian shares inched closer to their record 2007 peak on Friday as U.S. jobs data pointed to firm economic growth although the greenback was soft as the spectre of benign inflation capped domestic bond yields.
Southwest Airlines to pay $15 million to settle price collusion lawsuit
(Reuters) – Southwest Airlines Co agreed to pay $15 million to settle nationwide antitrust litigation by passengers who accused the four largest U.S. carriers of conspiring to raise fares by reducing seating capacity.
Dow tops 25,000 milestone; Wall St extends New Year’s rally
NEW YORK (Reuters) – The Dow industrials broke above the 25,000 level for the first time on Thursday and other major indexes hit closing record highs again, propelled by strong global economic data that extended the New Year’s rally for the stock marke…
Shareholders in Brazil demand Petrobras match $3 billion U.S. settlement
RIO DE JANEIRO (Reuters) – Brazilian shareholders of state-controlled Petroleo Brasileiro SA are petitioning a Brazilian court to be paid on similar terms as those given to U.S. shareholders in a $2.95 billion settlement, a lawyer told Reuters on Thur…
Canadian marijuana producers end rally as U.S. set to tighten enforcement
TORONTO (Reuters) – Canadian cannabis stocks fell on Thursday after the U.S. government said it would resume enforcement of federal laws banning marijuana in states that had legalized pot, disrupting a seven-day rally that boosted shares to record high…
Intel shares fall as investors worry about costs of chip flaw
(Reuters. – Intel Corp shares fell nearly 2 percent on Thursday as investors worried about the potential financial liability and reputational hit from recently disclosed security flaws in its widely used microprocessors.
