TCI fails in bid to oust London Stock Exchange chairman
LONDON (Reuters) – A push by activist hedge fund TCI to oust the chairman of the London Stock Exchange was heavily defeated on Tuesday, but that may not bring an end to the row.
SEC halts trading in crypto firm after eye-popping rise
(Reuters) – U.S. securities regulators on Tuesday temporarily suspended trading in the shares of Crypto Company, a small firm that saw its stock rise more than 2,700 percent this month after signing a deal to buy a cryptocurrency data platform.
United Technologies resolves U.S. counterfeit parts probe for $1 million
(Reuters) – United Technologies Corp will pay $1.06 million to resolve claims that a company it indirectly owned falsely certified the authenticity of counterfeit parts incorporated into U.S. Army helicopter engines, the U.S. Justice Department said o…
Apple leads Wall St lower as tax-bill vote looms
(Reuters) – Wall Street dipped on Tuesday, ahead of a vote on a bill to overhaul the U.S. tax system, weighed down by an Apple-led pullback after two strong session of gains on rising hopes that the U.S. Congress will vote in favor of the bill.
SEC suspends trading in tiny firm after eye-popping rise
(Reuters) – U.S. securities regulators have temporarily suspended trading in the shares of Crypto Company, a small California firm whose stock sky-rocketed more than 2,700 percent this month.
S&P, Dow open higher as tax bill vote draws near
(Reuters) – The benchmark S&P 500 and the blue-chip Dow Jones Industrial Average opened higher on Tuesday amid rising hopes that the U.S. Congress will vote in favor of the proposed tax overhaul.
Single-family housing starts, permits hit 10-year high
WASHINGTON (Reuters) – U.S. single-family homebuilding and permits surged to more than 10-year highs in November, in a hopeful sign for a housing market that has been hobbled by supply constraints.
Wall St set for modest gains as tax bill vote draws near
(Reuters) – Wall Street’s major indexes were poised to inch higher at the open on Tuesday, building on strong gains in the past two sessions on rising hopes that the U.S. Congress will vote in favor of the proposed tax overhaul.
UPS pre-orders 125 Tesla electric semi-trucks, largest order yet
DETROIT (Reuters) – United Parcel Service Inc said on Tuesday it is buying 125 Tesla Inc all-electric semi-trucks, the largest order for the big rig so far, as the package delivery company expands its fleet of alternative-fuel vehicles.
Shareholders criticize LSE for ‘very sorry affair’ over CEO spat
LONDON (Reuters) – Shareholders criticized the London Stock Exchange’s board on Tuesday for its handling of a row with activist shareholder TCI over the future of the company’s senior management.
