Nasdaq opens lower as tech selloff continues
(Reuters) – The Nasdaq Composite index opened lower on Tuesday as selloff in tech stocks continued for the second day, while the Dow was higher as investors looked to profit from stocks that would benefit more from potential corporate tax cuts.
Dish Network CEO Charlie Ergen steps down to focus on wireless
(Reuters) – Dish Network Corp said on Tuesday Chief Executive Charlie Ergen has stepped down to devote more time to the company’s emerging wireless business.
Wells Fargo CEO sees better commercial loans in fourth quarter
(Reuters) – Wells Fargo & Co will likely see improved commercial loan performance when it reports fourth-quarter results in January, Chief Executive Officer Tim Sloan said at an investor presentation Tuesday.
Marriott signs co-brand credit card deal with JPMorgan, AmEx
(Reuters) – Marriott International signed a deal with JPMorgan Chase and American Express to issue co-branded credit cards associated with its loyalty programs, the world’s largest hotel chain said on Tuesday.
Goldman Sachs, Standard Chartered eye 750 new jobs in Poland
London (Reuters) – Goldman Sachs is looking to hire about 250 staff in Poland in 2018 and Standard Chartered is also considering the country as a possible new hub for around 500 staff, the banks said on Tuesday.
iPhone market share slips in October-quarter: research firm
(Reuters) – The unavailability of the iPhone X during the three months ended October pulled down the market share for Apple’s iPhones in some key regions, while phones running on Google’s Android recorded higher sales, data from a research firm showed …
Nasdaq futures fall as tech selloff continues
(Reuters) – Nasdaq futures were lower on Tuesday as selloff in tech stocks continued, while the Dow was higher as investors looked to profit from stocks that would benefit from potential corporate tax cuts.
U.S. investors overweight in stocks despite market fears: study
NEW YORK (Reuters) – Three out of four U.S. investors age 40 and older worry about a correction that will eventually end the long-running bull market in stocks, yet most refuse to head for the exits.
‘No evidence’ to justify extraditing Mallya to India, UK court hears
LONDON (Reuters) – Indian tycoon Vijay Mallya should not be extradited to his home country to face fraud charges related to the collapse of his Kingfisher Airlines because there is no evidence to back up India’s case against him, a London court heard on Tuesday.
Apple wins EU trademark case against Xiaomi
LUXEMBOURG (Reuters) – Apple Inc succeeded on Tuesday in preventing Chinese smartphone maker Xiaomi Inc from registering its “Mi Pad” tablet computer as an EU trademark because the name was too similar to Apple’s “iPad”.
