 | | | | NEW YORK (Reuters) - Wall Street's three major indexes jumped to their greatest one-day gain in two-and-a-half years on Monday, led by the tech sector, as trade war fears eased on reports that the United States and China were willing to renegotiate tariffs and trade imbalances. | | | | | | WASHINGTON (Reuters) - Facebook Inc shares fell as much as 6.5 percent on Monday after the main U.S. consumer protection regulator said it was investigating how the social network allowed data of 50 million users to get into the hands of a political consultancy. | | | | | | (Reuters) - The European Commission pressed Facebook on Monday over whether EU citizens' data were among those improperly harvested by a British political consultancy, after the U.S. regulator said it was investigating the firm's privacy practices. | | | | | | NEW YORK (Reuters) - Stocks rose almost everywhere on Monday, reflecting optimism that the United States and China are set to begin negotiations on trade. | | | | | | NEW YORK (Reuters) - The main U.S. stock indices advanced more than 2 percent on Monday, helping recoup some of last week's losses, amid signs that the United States and China were willing to negotiate on tariffs eased concerns about a trade war between the two countries. | | | | | | WASHINGTON (Reuters) - The U.S. Senate Judiciary Committee said on Monday it had invited the chief executive officers of Facebook Inc , Alphabet Inc and Twitter Inc to testify at an April 10 hearing on data privacy. | | | | | | WASHINGTON (Reuters) - Federal Communications Commission Chairman Ajit Pai on Monday said he was proposing new rules to bar the use of funds from a government program to purchase equipment or services from companies that pose a security threat to U.S. communications networks. | | | | | | DUBLIN (Reuters) - Ireland's Smurfit Kappa rejected a raised takeover offer from International Paper on Monday, frustrating a bid to combine the largest listed U.S. paper packaging firm with Europe's biggest. | | | | | | Hyundai Motor's union chief warned its workers may face a similar crisis to the one hitting General Motors' South Korean unit as sales in key markets slide, adding that electric cars were 'evil' and will destroy jobs. | | | | | | SAO PAULO (Reuters) - Global investment banks from Citigroup to Goldman Sachs are hiring again in Brazil after years of retrenchment as historically low interest rates fuel a recovery as well as a small boom in M&A and stock and local bond offerings. | | | | | | WASHINGTON (Reuters) - Banks should adopt compensation plans that discourage excessive risk-taking and place greater onus on senior managers for wrongdoing, the outgoing head of the New York Federal Reserve said on Monday. | | | | | |
