Security flaws put virtually all phones, computers at risk
FRANKFURT/SAN FRANCISCO (Reuters) – Security researchers on Wednesday disclosed a set of security flaws that they said could let hackers steal sensitive information from nearly every modern computing device containing chips from Intel Corp, Advanced Mi…
S&P 500 tops 2,700 on tech advance; Dow, Nasdaq hit records
NEW YORK (Reuters) – The S&P 500 index rose above 2,700 for the first time on Wednesday and other major indexes hit record closing highs as technology stocks climbed after signs of robust economic growth.
SEC mixes message on Apple shareholder proposals, activists say
BOSTON (Reuters) – Apple Inc was allowed to disregard one activist shareholder proposal on greenhouse gas emissions but told to hold a vote on another concerning human rights issues, in closely watched securities rulings that tested new guidance from U…
Tesla’s Model 3 deliveries fall short of estimates
(Reuters) – Tesla Inc delivered 1,550 of its new Model 3 electric cars in the fourth quarter, missing Wall Street expectations as it tries to overcome production issues that have hampered the roll out of its most affordable sedan.
Apple’s battery replacement offer to reduce 2018 iPhone sales: Barclays
(Reuters) – Apple Inc’s offer to replace flagging batteries at a slashed rate could be a hurdle for iPhone unit sales in 2018 if more users take the deal over upgrading to a new device, Barclays analysts write in a note.
Uber is sued over payment for mobile ads it called fraudulent
(Reuters) – A British mobile advertising agency has sued Uber Technologies Inc to force the ride-hailing company to pay millions of dollars of bills that Uber had refused to pay after claiming that ads being generated were fraudulent.
Wall Street ends higher on strong economic data
(Reuters) – The S&P 500 index rose above 2,700 for the first time on Wednesday and other major indexes hit record highs as technology stocks climbed amid indications of robust economic growth in the United States and overseas.
Petrobras to pay $2.95 billion to settle U.S. corruption lawsuit
NEW YORK (Reuters) – Brazil’s state-controlled oil company Petroleo Brasileiro SA on Wednesday agreed to pay $2.95 billion to settle a U.S. class action corruption lawsuit, in what was said to be the biggest such payout in the United States by a forei…
AmEx to post fourth-quarter loss on $2.4 billion hit from tax legislation
(Reuters) – American Express Co said it expects to report a fourth-quarter loss due to a $2.4 billion hit from the tax legislation which makes it cheaper for U.S. companies to repatriate profits.
S&P tops 2,700 on tech advance, holds gains after Fed minutes
NEW YORK (Reuters) – The S&P 500 index rose above 2,700 for the first time on Wednesday and other major indexes hit record highs as technology stocks climbed amid indications of robust economic growth in the United States and overseas.
