Uber submits appeal to keep operating in northern UK city of York
LONDON (Reuters) – Uber [UBER.UL] submitted an appeal in the northern English city of York on Thursday to overturn a decision by the council not to renew its licence over concerns about a data breach and the number of complaints it had received.
SEC warns bitcoin, cryptocurrency investors at risk
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission warned Thursday that investors should “exercise caution” with cryptocurrencies like bitcoin, noting state and federal regulators may not be able to recoup any lost investments from ille…
Brookfield Business Partners to buy Westinghouse for $4.6 billion
(Reuters) – A subsidiary of Canada’s Brookfield Asset Management Inc plans to acquire Westinghouse Electric Co LLC, the bankrupt nuclear services company owned by Toshiba Corp , for $4.6 billion.
Tesla Model 3 delay raises cashflow risks, but analysts upbeat
(Reuters) – Tesla Inc shares recouped some of their losses on Thursday after falling as much as 3.6 percent, a day after it pushed back a production target for its much-anticipated Model 3 sedan yet again.
Sprint appoints former Altice head Michel Combes as CFO
(Reuters) – Sprint Corp on Thursday appointed former Altice NV CEO Michel Combes as chief financial officer, replacing Tarek Robbiati who had chalked out a turnaround plan for the telecom company that involved sweeping cost cuts.
Intel extends losses as worries over chip security linger
(Reuters) – Intel Corp shares fell as much as 5 percent on Thursday, marking their biggest one-day drop in more than a year, a day after a report said mobiles and computers using its chips were vulnerable to being hacked.
Dow breaks above 25,000 for first time
(Reuters) – The Dow Jones Industrial Average sailed past the 25,000-mark for the first time on Thursday, while other major indexes rose to new highs after a strong private jobs report added to a bullish sentiment from indications of robust growth in ma…
U.S. private payrolls growth accelerates; jobless claims up
WASHINGTON (Reuters) – U.S. private employers stepped up hiring in December and planned layoffs by American-based companies fell sharply, pointing to sustained labor market strength that likely keeps the Federal Reserve on course to increase interest r…
Israel proposes ban on trading shares of cryptocurrency companies
JERUSALEM (Reuters) – Israel may ban from trading on the Tel Aviv Stock Exchange companies whose main business revolves around bitcoin and other cryptocurrencies, the Israel Securities Authority (ISA), the country’s markets regulator, said on Thursday….
U.S. jobless claims rise, data for several states estimated
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits rose for a third straight week last week, but that likely does not suggest a material shift in labor market conditions as data for several states, including California, wer…
