Verizon has moved on from plans to acquire cable companies: CEO
(Reuters) – Verizon Communications Inc said on Thursday that it has moved on from plans to acquire cable companies and instead will focus on building out its own fiber infrastructure.
FTC opens probe into massive Equifax hack
WASHINGTON (Reuters) – The Federal Trade Commission has opened a probe into Equifax’s massive data breach, where hackers stole a treasure trove of personal information about up to 143 million people.
Judge Fox bid for Sky on merits not politics: James Murdoch
CAMBRIDGE, England (Reuters) – Britain should judge Rupert Murdoch’s bid for broadcaster Sky on facts and not politics or risk stifling inward investment after Brexit, his son and fellow executive James Murdoch said on Thursday.
Wall St. opens lower as odds of December rate hike rise
(Reuters) – U.S. stocks opened lower on Thursday as an uptick in August consumer prices inflation boosted the odds of another interest rate hike this year, and as shares of Apple remained under pressure.
London Mayor tight-lipped on pending Uber license decision
LONDON (Reuters) – London Mayor Sadiq Khan declined to comment on Thursday on whether taxi app Uber [UBER.UL] will have its license renewed ahead of a decision due by the end of month, saying that giving a running commentary could prompt legal action a…
Gasoline, rents boost U.S. consumer inflation; weekly jobless claims fall
WASHINGTON (Reuters) – U.S. consumer prices accelerated in August amid a jump in the cost of gasoline and rental accommodation, signs of firming inflation that boosted the probability of an interest rate increase from the Federal Reserve in December.
Daimler drives its electric truck business into the United States
DETROIT (Reuters) – Daimler AG will turn up the volume on its electric commercial truck efforts on Thursday, announcing plans to bring a fleet of battery-powered Fuso delivery vehicles to customers in New York City as rivals gear up to jump into the m…
Facebook won’t make cars, Sandberg reassures Germany
FRANKFURT (Reuters) – Facebook’s Chief Operating Officer Sheryl Sandberg went on a charm offensive in Germany on Thursday, telling the country’s powerful automakers that the world’s biggest social network does not want to compete with them.
U.S. jobless claims fall, but impacted by Harvey and Irma
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits unexpectedly fell last week, but the data was impacted by hurricanes Harvey and Irma, making it difficult to get a clear pulse of the labor market.
Futures flat ahead of key inflation data
(Reuters) – U.S. stock index futures were little changed on Thursday ahead of key inflation data that could impact the Federal Reserve’s decision on the timing of another interest rate hike this year.
