Thursday 15 November 2018

U.S. senator to query Facebook about report on treatment of critics

Reuters.com Newsletter

U.S. senator to query Facebook about report on treatment of critics

A Democratic U.S. senator said on Thursday she will ask Facebook Inc and the Justice Department about a media report that the company hired an outside firm to attack critics, warning that such action could raise campaign finance issues.

Wall Street climbs on hopes of easing trade tensions

U.S. stocks rose on Thursday on optimism the United States and China could resolve their trade dispute, after a news report said Washington would pause further tariffs on Chinese imports.

Tesla slashes prices on home solar systems to spur sales

Tesla Inc has cut prices on its residential solar systems by as much as 25 percent in a bid to lift lagging sales after the company streamlined its sales and marketing organization, a company official told Reuters on Thursday.

SpaceX, TeleSat Canada bids get U.S. nod to expand satellite internet

WASHINGTON (Reuters - The U.S. Federal Communications Commission voted unanimously on Thursday to allow Tesla Inc Chief Executive Elon Musk's Space X, Telesat Canada [PSPENC.UL] and two other companies to roll out new satellite-based broadband services.

World stocks rebound, Brexit blow-up levels sterling

A gauge of global stocks climbed on Thursday after five sessions of declines as Wall Street surged on trade optimism, while sterling tumbled as political developments in Britain rippled through markets.

U.S. Justice Department to curb bid-rigging in government purchases

The U.S. Justice Department plans to be more aggressive in pressing antitrust charges against companies that have rigged bids for government contracts, the agency's antitrust chief said on Thursday.

Ready, set, shop: More than a third of Americans to buy on Black Friday: poll

About 38 percent of American consumers plan to shop on Black Friday this year, and six in 10 of those shoppers anticipate making at least half of their holiday purchases on that day, a Reuters/Ipsos poll showed on Thursday.

PG&E's stock deepens slump as wildfire fans liability fears

Shares of PG&E Corp sank 31 percent on Thursday, bringing the loss in its stock market value to nearly $16 billion since the breakout of a deadly wildfire in northern California that investors fear will be blamed on the utility.

Goldman CEO 'personally outraged' by Malaysia's 1MDB corruption scandal

Goldman Sachs Group Inc Chief Executive Officer David Solomon has told employees he is "personally outraged" that any of the bank's officials would take the actions laid out in U.S. government charges of fraud involving Malaysia's state controlled investment bank, 1MDB.

Brexit fears pummel sterling; lift yen, dollar

Sterling tumbled on Thursday after British ministers resigned in protest against a draft Brexit agreement, rekindling fears of a chaotic departure for Britain from the European Union in 4-1/2 months.

JetBlue wants U.S., European regulators to review joint ventures

The chief executive of JetBlue Airways Corp, which has made no secret of its desire to expand into transatlantic service, said on Thursday that U.S. and European regulators should review joint ventures that have allowed big airlines to dominate the market.

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