Reuters Before the Bell: Regulators to press Uber after it admits covering up data breach

Click to View in Browser Wednesday, November 22, 2017 Regulators to press Uber after it admits covering up data breach TORONTO/SAN FRANCISCO (Reuters) - Struggling ride-hailing firm Uber [UBER.UL] faces a fresh regulatory crackdown after disclosing it paid hackers $100,000 to keep secret a massive breach last year that exposed personal data from around 57 million accounts. Rockwell Automation rebuffs sweetened Emerson bid (Reuters) - Rockwell Automation Inc on Wednesday rejected rival Emerson Electric Co's sweetened $29 billion takeover offer, saying the bid undervalued the industrial automation company. EU fines five car airbag, seatbelt suppliers over cartel BRUSSELS (Reuters) - EU antitrust regulators fined five car safety equipment makers a total of 34 million euros ($40.0 million) on Wednesday for taking part in cartels to fix prices for seatbelts, airbags and steering wheels to Japanese carmakers. Meg Whitman stepping down as HP Enterprise CEO (Reuters) - Meg Whitman on Tuesday announced that she will step down as chief executive of Hewlett Packard Enterprise Co , ending a 6-year tenure that included overseeing one of the biggest corporate breakups in history. Apple scientists disclose self-driving car research (Reuters) - Research by Apple Inc computer scientists on how self-driving cars can better spot cyclists and pedestrians while using fewer sensors has been posted online, in what appears to be the company's first publicly disclosed paper on autonomous vehicles. World stocks ride tech boom, bat aside politics to scale new high LONDON (Reuters) - World shares scaled yet another record high on Wednesday, propelled higher by a bullish growth and company earnings outlook, as well as investors' unflagging enthusiasm for technology stocks. U.S. commission recommends tariffs to curb Samsung, LG washer imports WASHINGTON/SEOUL (Reuters) - The U.S. International Trade Commission on Tuesday recommended tariffs to keep Samsung and LG from flooding the U.S. market with inexpensive washers, a step that would protect American appliance giant Whirlpool Corp . UK regulator says Uber data breach concealment raises 'huge concerns' LONDON (Reuters) - Uber's [UBER.UL] secret $100,000 pay-off to hackers to cover up a massive breach of customer and driver data at the ride-hailing firm raises "huge concerns" about its data policies and ethics, Britain's data protection regulator said on Wednesday. China clamps down on online micro lending; U.S.-listed shares plunge BEIJING (Reuters) - China took steps to rein in the rapidly growing and lightly regulated market for online micro-lenders in the government's latest crackdown on internet finance, sending shares of U.S.-listed Chinese financial firms into a tailspin. Uniper to cut 2,000 jobs in cost-cutting drive: paper FRANKFURT (Reuters) - German energy group Uniper is cutting a total of around 2,000 jobs, or 14 percent of its workforce, by the end of next year as part of a cost-cutting program it announced a year ago, its finance chief told daily Rheinische Post. Related Video Uber comes clean on hack affecting 57 million users U.S. to knock down landmark rules controlling the internet Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook