Uber’s messy data breach collides with launch of SoftBank deal
TORONTO/SAN FRANCISCO (Reuters) – A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Wednesday with a report that the ride-service provider had covered up a data hack – something of a metaphor for Uber, a company with b…
Dollar dumped, bonds buoyant on Fed inflation caution
SYDNEY (Reuters) – The dollar was on the defensive Thursday after suffering its worst drubbing in five months while bonds celebrated a comeback on speculation the Federal Reserve might not tighten U.S. policy as aggressively as previously thought.
Dollar dumped, bonds boosted on Fed inflation caution
SYDNEY (Reuters) – Asian shares edged ahead on Thursday as speculation the Federal Reserve might not tighten U.S. policy as aggressively as first thought slugged the dollar and boosted bonds globally.
Saudi Arabia agrees to buy $7 billion in precision munitions from U.S. firms: sources
(Reuters) – Saudi Arabia has agreed to buy about $7 billion worth of precision guided munitions from U.S. defense contractors, sources familiar with the matter said, a deal that some lawmakers may object to over American weapons having contributed to c…
Peter Thiel may look to buy Gawker.com: BuzzFeed
(Reuters) – Venture capitalist Peter Thiel may be looking to buy online news site Gawker.com, BuzzFeed said on Wednesday.
Wall St. flat ahead of holiday; ISPs rise on net neutrality bets
NEW YORK (Reuters) – U.S. stocks were little changed on Wednesday, with telecom services shares among the biggest movers while the energy sector rose in line with gains in crude oil.
Broadcom considering sweetened Qualcomm bid: sources
(Reuters) – Chipmaker Broadcom Ltd is considering raising its offer to buy rival Qualcomm Inc by offering more of its own stock, following consultation with several of Qualcomm’s top shareholders, according to people familiar with the matter.
ITC to probe Caterpillar patent allegations against German firms
WASHINGTON (Reuters) – The U.S. International Trade Commission said on Wednesday it had launched an investigation into allegations that German manufacturers Wirtgen GmbH and Joseph Voegele AG infringe on patents held by Caterpillar Inc .
Fed policymakers say rate increase likely warranted soon: minutes
WASHINGTON, Nov 22 (Reuters) – Many Federal Reserve policymakers expect that interest rates will have to be raised in the “near term,” according to the minutes of the U.S. central bank’s last policy meeting released on Wednesday.
Tech still hedge funds’ sweetheart sector: Goldman Sachs
LONDON (Reuters) – Tech stocks remain the largest net sector exposure for equity hedge funds, which are set to deliver their strongest returns since 2013, Goldman Sachs said on Wednesday in a note on the industry’s most and least favored areas of the m…
