Exclusive: Goldman strengthens Italy foothold with bigger Milan office – sources
LONDON (Reuters) – Goldman Sachs is poised to sign a lease for a new office in Milan that will significantly boost its presence in Italy as Britain prepares to leave the European Union, sources familiar with the matter told Reuters.
Nasdaq drops as investors shun techs for financials
(Reuters) – The Nasdaq Composite index fell more than 1 percent in midday trade on Wednesday as investors sold off technology stocks and moved into financials that have gained on strong economic data and comments from Fed officials on future rate hikes…
Uber says 2016 data breach hit 2.7 million UK users, or most of its base
(Reuters) – Uber Technologies Inc [UBER.UL] has informed Britain’s data protection regulator that about 2.7 million user accounts – representing the vast majority of people using the ride-hailing service in the country – were affected by a 2016 data b…
Bubble trouble? Bitcoin tops $11,000 after $1,000 surge in 12 hours
LONDON/NEW YORK (Reuters) – Bitcoin zoomed past $11,000 to hit a record high for the sixth day in a row on Wednesday after gaining more than $1,000 in just 12 hours, stoking concerns that a rapidly swelling bubble could be set to burst in spectacular f…
U.S. expands leniency for companies that disclose foreign bribery
WASHINGTON (Reuters) – The U.S. Justice Department will extend greater leniency to companies that voluntarily alert authorities when they learn employees have paid bribes to foreign officials, Deputy Attorney General Rod Rosenstein said on Wednesday.
S&P, Dow open higher on tax bill hopes
(Reuters) – The S&P and the Dow opened higher on Wednesday, fueled by optimism following progress on U.S. tax legislation and hints of lighter regulation in the banking sector.
Disney eliminates 150 jobs at ESPN
(Reuters) – Walt Disney Co’s ESPN unit is laying off about 150 employees, ESPN President John Skipper said in a memo to employees on Wednesday.
Chipotle seeks turnaround expert to replace Ells as CEO
By Lisa Baertlein, Svea Herbst-Bayliss and Sruthi Ramakrishnan
S&P, Dow set to climb on tax bill hopes
(Reuters) – The S&P and Dow were set to open higher on Wednesday, fueled by investor optimism after more progress was made on U.S. tax legislation and hints of lighter regulation in the banking sector.
Uber says 2.7 million users in UK affected in 2016 breach
(Reuters) – Uber Technologies Inc [UBER.UL] has informed Britain’s data protection regulator that 2.7 million user accounts in the country were affected by the data breach in 2016, which the company disclosed last week.
