 | | | | Wall Street's most controversial stock may be about to go mainstream. | | | | | | Telecom Italia (TIM) has excluded China's Huawei Technologies from a tender for 5G equipment for the core network it is preparing to build in Italy and Brasil, two sources familiar with the matter said on Thursday. | | | | | | Equity markets slid on Thursday after U.S. data raised worries about the economy's recovery and doused enthusiasm that drove a Chinese stock rally for an eighth straight day, while the dollar rebounded as new coronavirus cases hit another record. | | | | | | The S&P 500 and Dow dropped on Thursday as investors worried about another round of business shutdowns to contain a surge in coronavirus cases and they began to shift their focus to earnings. | | | | | | Electric vehicle maker Fisker Inc is in talks to go public through a sale to a so-called blank-check acquisition company, modeled after a successful deal earlier this year by peer Nikola Corp , people familiar with the matter said on Thursday. | | | | | | Oil prices fell about $1 a barrel on Thursday as investors worried that renewed lockdowns to contain the spread of coronavirus in the United States would again sink fuel consumption. | | | | | | U.S. states that have driven a record surge in coronavirus cases may now be slipping backward https://graphics.reuters.com/USA-ECONOMY/REOPEN/yxmpjlxewpr in their economic recovery, as cellphone data shows retail visits in a clutch of high case-growth locations falling below the rest of the country. | | | | | | The dollar rallied from a four-week low on Thursday, as weaker U.S. stocks enhanced the currency's safe-haven appeal for investors following a surge in new coronavirus cases and a U.S. Supreme Court ruling on President Donald Trump's financial records. | | | | | | Google may be able to stave off a full-scale EU antitrust investigation into its planned $2.1 billion bid for Fitbit by pledging not to use Fitbit's health data to help it target ads, people familiar with the matter said. | | | | | | U.S. companies are preparing to open their books on a quarter that is set to show the biggest earnings fall since the financial crisis, leaving investors looking for light at the end of the tunnel. | | | | | |
