Tuesday, 28 November 2017

Daily Investor Update: Washington state attorney general sues Uber after data breach

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Tuesday, November 28, 2017
Washington state attorney general sues Uber after data breach
WASHINGTON (Reuters) - Washington state's attorney general sued the ride-sharing company Uber on Tuesday, alleging it had violated the state's data breach notification law.
Surging banks lead Wall Street to highs as tax plan advances
(Reuters) - Wall Street surged to record highs on Tuesday led by sharp gains in bank stocks, and boosted by progress for a tax cut bill, strong consumer confidence data and encouraging comments from President Donald Trump's nominee to lead the Federal Reserve.
Supreme Court wary about widening whistleblower protections
WASHINGTON (Reuters) - Conservative and liberal U.S. Supreme Court justices on Tuesday appeared reluctant to broaden protections for corporate insiders who blow the whistle on securities law violations or fraud by their companies.
Fitch cuts GE rating, outlook negative
(Reuters) - Fitch Ratings on Tuesday downgraded General Electric Co and its finance arm, GE Capital, citing deterioration in the industrial conglomerate's operating and financial performance.
Wall Street, dollar up on U.S. policy hopes; sterling swings
NEW YORK (Reuters) - Wall Street hit record highs and the dollar edged up on Tuesday as traders eyed progress on U.S. tax reform, strong economic data and comments from Federal Reserve chair nominee Jerome Powell.
Kaspersky CEO says he would leave if Russia asked him to spy
LONDON (Reuters) - The founder of Moscow-based anti-virus software company Kaspersky Lab said on Tuesday he would quit Russia if its intelligence agencies ever asked his company to spy for it.
Uber-Waymo trial delayed as U.S. judge raises prospect of 'cover-up'
SAN FRANCISCO (Reuters) - Uber Technologies Inc withheld evidence in a lawsuit filed by Alphabet Inc's Waymo, a U.S. judge said on Tuesday, delaying a trial to give Waymo time to review a letter alleging Uber trained employees to steal trade secrets and hide their tracks.
Oil prices slip on OPEC deal extension jitters
NEW YORK (Reuters) - Oil prices eased on Tuesday, weighed down by uncertainty over the outcome of an OPEC meeting this week at which an extension to its price-supporting oil output cuts will be discussed.
Tech stock rally hogs global market spotlight but ownership not cheap
By Caroline Valetkevitch, Rodrigo Campos and Patturaja Murugaboopathy
WPP in talks with client Ford over future advertising work
LONDON (Reuters) - WPP said on Tuesday it was in talks with Ford Motor Company , a major client, about their future partnership after the carmaker said it was considering its internal and external advertising model.
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