New Mexico AG sues Google for collecting personal data of school children
New Mexico Attorney General Hector Balderas on Thursday filed a lawsuit against Alphabet Inc’s Google, alleging that it acquired personal information from school children in the state violating their privacy rights.
T-Mobile, Sprint near agreement on new merger terms: WSJ
T- Mobile US and Sprint Corp are nearing an agreement on new merger terms and the final deal could be announced as soon as Thursday, the Wall Street Journal reported citing people familiar with the matter.
Tesla gets court approval to clear forest for German Gigafactory
Tesla Inc got approval from a German court on Thursday to continue to cut down forest near the capital Berlin to build its first European car and battery factory, in a defeat for local environmental activists.
Wall St. eases, led by tech decline on mounting fears coronavirus could spread
U.S. stocks fell on Thursday, led by declines in technology heavyweights, after reports of new coronavirus cases in China and other countries intensified fears over its spread and impact on the global economy.
Dropbox beats quarterly revenue estimates on strong subscriber growth
Dropbox Inc on Thursday reported quarterly revenue that beat Wall Street estimates, as the file hosting company signed on more customers on its platform.
Dollar slams yen and safe-haven status, gold gains
The rally in U.S. equities took a pause and the strong dollar got stronger on Thursday, rising to a three-year high against a basket of trading partner currencies, after a steep slide in the Japanese yen called into question its safe-haven status.
Exclusive: Sears snags new financial lifeline as losses continue – sources
U.S. department store operator Sears has reached a deal for a fresh financial lifeline totaling roughly $100 million from hedge fund Brigade Capital Management LP, as it tries to stabilize after bankruptcy, people familiar with the matter said on Thurs…
Morgan Stanley’s E*Trade deal to test Washington’s regulatory mood in election year
Morgan Stanley’s takeover of brokerage E*Trade Financial Corp reflects a more relaxed regulatory mood in Washington, but it is still a gamble in an election year that will see Democrats continue to shine a spotlight on Wall Street excesses, said analysts.
Morgan Stanley’s Gorman charts ambitious course with $13 bln E*Trade deal
Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in a stock deal worth about $13 billion, the biggest acquisition by a Wall Street bank since the 2008-2009 financial crisis.
Mounting coronavirus fears knockdown Wall Street
U.S. stock indexes fell on Thursday, dragged down by technology heavyweights, as investors fretted over the rising number of coronavirus cases in China and other countries as well as the potential economic damage from the epidemic.
