Airbnb says court dismisses Aimco lawsuit
(Reuters) – Airbnb said a U.S district court dismissed a lawsuit by Apartment Investment & Management Co that claimed the short-term rental website allowed tenants to break their lease agreements through unauthorized sublets.
Spotify hit with $1.6 billion copyright lawsuit
(Reuters) – Music streaming company Spotify was sued by Wixen Music Publishing Inc last week for allegedly using thousands of songs, including those of Tom Petty, Neil Young and the Doors, without a license and compensation to the music publisher.
Ant Financial scraps deal to buy MoneyGram
(Reuters) – MoneyGram International Inc and Alibaba Group Holding Ltd’s Ant Financial Services Group said on Tuesday they have agreed to terminate their amended merger agreement, due to regulatory hurdles.
Wall Street begins 2018 with gains as momentum still strong
(Reuters) – U.S. stocks rose on Tuesday in the first session of the new year as investors were optimistic that 2018 will bring more gains for the market.
Passenger rights group takes legal action that could block Niki sale to IAG
FRANKFURT (Reuters) – A group representing airline passengers has taken legal action to shift insolvency proceedings for budget airline Niki to Austria from Germany, in a move that could endanger the sale of the Air Berlin unit to Britain’s IAG .
BP sets $1.5 billion charge for U.S tax changes but sees long-term boost
LONDON (Reuters) – Oil giant BP will take a one-off $1.5 billion charge to adjust to new U.S. tax rules, but expects a long-term boost from the corporate-friendly tax rates, it said on Tuesday.
Boeing-Embraer talks have not settled question of control: sources
SAO PAULO (Reuters) – Tie-up talks between Boeing Co and Embraer SA have not settled key questions such as control of the Brazilian planemaker or the possibility of a more narrow joint venture, two people familiar with the negotiations told Reuters, …
Wall Street carries momentum into 2018 as techs climb
(Reuters) – Wall Street’s major indexes were higher on the first trading session of 2018 on Tuesday, driven by gains in technology and consumer discretionary stocks, setting the stage for another robust year for equities.
Amazon says over 5 billion items shipped in 2017 via Prime
(Reuters) – Online retailer Amazon.com Inc said on Tuesday it shipped over 5 billion items worldwide via its subscription based Prime service in 2017 while adding more new members than ever before.
Oil hits highest since mid-2015, then dips
LONDON (Reuters) – Oil prices eased on Tuesday after hitting mid-2015 highs in early trading, as major pipelines in Libya and the UK restarted and U.S production soared to the highest in more than four decades.
