Friday, 18 January 2019

Daily Investor Update: U.S. regulators discuss fining Facebook for privacy violations: report

Reuters.com Newsletter

U.S. regulators discuss fining Facebook for privacy violations: report

U.S. regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the privacy of personal data, the Washington Post reported on Friday, citing three people familiar with the discussions.

Netflix shares fall as weak forecast dampens investor optimism

Shares of Netflix Inc fell nearly 5 percent on Friday, as investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter.

Facebook sheds gains after report on potential major fine

** Shares of Facebook paring gains on Friday after a report that U.S. regulators discussed fining the co for privacy violations

Avianca Brasil's legal fight with plane leasing firms escalates

Avianca Brasil's battle with its aircraft leasing firms intensified on Friday after Brazil's aviation regulator said it would no longer ground 10 of the struggling carrier's planes and another lessor renewed its effort to repossess 10 others.

Shutdown clouds outlook for consumer-driven U.S. economic growth

After tax cuts, rising incomes and buoyant stock markets set off a consumer boom in 2018, signs are emerging that the main engine of U.S. economic growth could sputter, and a record-long government shutdown further muddies the waters.

Wall Street extends rally on U.S.-China trade optimism

U.S. stocks rose on Friday as increased hopes that the United States and China would resolve their trade dispute lifted shares across sectors.

Apple ordered to pull part of press release in Qualcomm case

Apple Inc has been ordered by a German court to stop using part of a press release claiming all iPhones would be available in the country through carriers and resellers, a copy of the ruling seen by Reuters showed.

Exclusive: U.S. pushing for regular review of China trade, reform progress

The United States is pushing for regular reviews of China's progress on pledged trade reforms as a condition for a trade deal - and could again resort to tariffs if it deems Beijing has violated the agreement, according to sources briefed on negotiations to end the trade war between the two nations.

U.S. consumer sentiment at two-year low, manufacturing rebounds

U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as an ongoing partial shutdown of the federal government and financial market volatility stoked fears of a sharp deceleration in economic growth.

Stocks rally on trade hopes, dollar set for first positive week of 2019

Major stock indexes rose worldwide on Friday and the dollar was on track for its first positive week this year, boosted by optimism that the trade conflict between the United States and China may come to an end.

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