Tuesday, 14 May 2019

Google to show ads on homepage of app

Google to show ads on homepage of app

Alphabet Inc's Google will begin featuring ads on the homepage of its smartphone app worldwide later this year, it said on Tuesday, giving the search engine a huge new supply of ad slots to boost revenue.

Stocks bounce back as trade rhetoric cools

U.S. stocks on Tuesday reclaimed some of the ground lost in the prior day's steep sell-off, with tariff-sensitive technology stocks leading the S&P 500 and the Nasdaq higher as investors were heartened by a tonal shift in U.S.-China trade rhetoric.

Uber drivers are contractors, not employees, U.S. labor agency says

A U.S. labor agency has concluded that ride-hailing company Uber Technologies Inc's drivers are independent contractors and not its employees, which could prevent them from joining unions.

Global stocks bounce back as Trump downplays U.S.-China trade fight

U.S. and European stocks regained ground on Tuesday after President Donald Trump downplayed the U.S.-China trade war as "a little squabble" a day after a spike in tensions between the world's two largest economies rattled financial markets.

Disney takes control of Hulu to challenge Netflix, Amazon

Walt Disney Co said it will take full control of the Hulu service in a deal with Comcast Corp, as it vies for a bigger piece of the global video streaming market dominated by companies such as Netflix Inc.

Nissan faces long, rocky road to cut U.S. discounts, rental sales

Nissan Motor Co Ltd said on Tuesday it had hit "rock bottom" with a 45% drop in annual operating profit. The automaker's troubles in the United States, including a failure to deliver on a slew of promises to dealers, are a major reason why.

Trump calls trade war with China 'little squabble,' says talks ongoing

U.S. President Donald Trump on Tuesday called the trade war with China "a little squabble" and insisted talks between the world's two largest economies had not collapsed, as investors remained on guard for a further escalation of tit-for-tat tariffs.

U.S. Treasury chief to plan for trade meeting in China soon: spokesman

U.S. Treasury Secretary Steven Mnuchin will plan for another trade meeting in China at some point soon, a Treasury spokesman said on Tuesday, adding to President Donald Trump's earlier statements that U.S. dialogue with Beijing was continuing.

U.S. Senate moves forward on plan to develop electric vehicle supply chain

U.S. lawmakers on Tuesday moved closer to developing a national electric vehicle supply chain policy, with senators voicing bipartisan support for legislation designed to parry China's dominance in metals production and battery manufacturing.

Bayer nears seven-year low after $2 billion award in Roundup trial

Bayer shares fell by as much as 5 percent on Tuesday after a California couple were awarded more than $2 billion in the largest U.S. jury penalty over allegations its Roundup weed killer causes cancer.

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