Thursday, 21 November 2019

Facebook agrees to provide additional documents in California AG data privacy probe

Facebook agrees to provide additional documents in California AG data privacy probe

Facebook Inc has agreed to turn over additional documents after the California state attorney general's office went to court earlier this month to compel the social media firm to comply with requests for information in its privacy investigation.

Schwab-TD Ameritrade deal shows Trump rule-easing boon for financial M&A

A possible purchase by brokerage giant Charles Schwab Corp. of rival TD Ameritrade reflects a more relaxed mood under Trump administration regulators, which has helped unleash other big-ticket takeovers in the financial sector, analysts said.

Gap's quarterly profit beats; says plan to split Old Navy in place

Apparel retailer Gap Inc nudged past tempered quarterly profit expectations and reiterated its plan to separate Old Navy from the namesake brand.

Wall Street dips as investors await U.S.-China trade progress

U.S. stock indexes moved slightly lower on Thursday as investors moved to the sidelines with mixed messages and no concrete signs of progress on U.S.-China relations.

Judge rejects move to disqualify lawyer in state AGs' challenge to T-Mobile/Sprint deal

A federal judge on Thursday rejected a U.S. government effort to disqualify lawyers representing state attorneys general in their effort to block T-Mobile US' deal to buy Sprint Corp

Nordstrom quarterly profit beats estimates; share jump 10%

Nordstrom Inc reported quarterly profit above Wall Street expectations on Thursday, as it sold more apparels at its off-price stores and kept inventories in check, sending the retailer's shares up about 10% after the bell.

Stocks slip, dollar rebounds on trade hopes stir sentiment

The dollar rebounded and global equity markets edged lower on Thursday as efforts by China to smooth the path forward in U.S.-Sino trade talks helped sooth investor sentiment, though fears remained that a phase one deal might not occur until next year.

Chinese antitrust regulator approves Boeing-Embraer deal

A Chinese antitrust regulator has approved Boeing Co's deal to buy a controlling stake in the commercial jet division of Brazilian planemaker Embraer , according to a statement on the regulator's website.

GM's electric pickup to hit dealer showrooms in fall 2021: CEO

General Motors Co's first electric pickup truck model will go on sale in the fall of 2021, the company's top executive said, around the same time that electric carmaker Tesla Inc's own model is expected to debut.

U.S House Democrats see progress on USMCA, passage still possible this year

U.S. House Democrats said they ironed out some differences with the Trump administration on Thursday about a trade agreement with Canada and Mexico, and that Congress could still vote on the deal - one of President Donald Trump's top priorities - this year.

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