Facebook CEO urges Brazilians to decry WhatsApp block
SAO PAULO/RIO DE JANEIRO (Reuters) – Facebook Inc’s Chief Executive Mark Zuckerberg called on Brazilians to demand his company’s WhatsApp messaging service never be blocked again after an appeals court on Tuesday overturned the application’s second s…
Google, Fiat Chrysler to partner on self-driving minivans
DETROIT/WASHINGTON (Reuters) – Alphabet Inc’s Google unit and Fiat Chrysler Automobiles NV have agreed to work together to build a fleet of 100 self-driving minivans in the most advanced collaboration to date between Silicon Valley and a traditional…
Seven big banks settle U.S. rate-rigging lawsuit for $324 million
NEW YORK (Reuters) – Seven of the world’s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market.
Seven big banks settle U.S. rate-rigging lawsuit for $324 million
NEW YORK (Reuters) – Seven of the world’s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market.
Steven Cohen: hedge fund crowding caused major February loss
LOS ANGELES (Reuters) – Billionaire investor Steven Cohen said that too many hedge funds placing the same types of bets contributed to sharp losses for his $11 billion Point72 Asset Management earlier this year.
Wall St. loses ground on growth fears, oil slide
(Reuters) – U.S. stocks fell on Tuesday after weak economic data in China and Europe reignited worries about global growth, while oil prices dropped for a second day, dragging down energy shares.
Halliburton aims to boost weak businesses after failed Baker Hughes deal
(Reuters) – Halliburton Co said it would consider acquisitions to bolster its weaker businesses as the world’s No. 2 oilfield services company looked to move on after abandoning a deal to buy smaller rival Baker Hughes Inc .
Pfizer CEO still interested in deals after losing Allergan
NEW YORK (Reuters) – After a planned purchase of Allergan Plc was scuttled by the U.S. government, Pfizer Chief Executive Ian Read on Tuesday said he would consider another merger of any size, at any time, as long as the deal makes sense.
Oil down second straight day; rising output reignites glut worry
NEW YORK (Reuters) – Oil prices fell for a second day on Tuesday, retreating further from the year’s highs hit last week, as rising output renewed worries about the global glut of crude, the U.S. dollar rebounded and equity markets weakened.
M&A slowdown clouds Wall Street view on stocks
NEW YORK (Reuters) – Worldwide merger deals have declined sharply from the frenetic pace that pushed them to record levels in 2015, a sign that could reflect broader weakness in the U.S. economy and vulnerability for U.S. stocks.
