 | | | | Netflix Inc on Thursday said its subscriber growth during the coronavirus pandemic would slow even more than Wall Street expected during the third quarter, sending its shares tumbling more than 10% in after-hours trading. | | | | | | The former head of a key subsidiary of Wirecard, who was arrested earlier this month, has admitted wrongdoing to prosecutors for his role in a multi-billion-euros fraud, his lawyer said on Thursday. | | | | | | A U.S. judge in Detroit on Thursday approved the transfer to Germany of a former Volkswagen AG executive imprisoned in the automaker's diesel emissions scandal. | | | | | | The S&P 500 dropped on Thursday, pulled lower by Microsoft Corp and Apple Inc , as elevated levels of unemployment claims heightened concerns about the economic toll from rising coronavirus cases. | | | | | | Government debt yields and global equity markets fell on Thursday as a growing number of U.S. coronavirus cases weighed on risk sentiment, which was also hurt by deteriorating U.S.-China relations and discouraging Chinese data. | | | | | | The U.S. economic recovery showed signs of plateauing last week as the country battled rising coronavirus case counts and an increasingly fractured government response, according to data from a broad set of industry and government sources. | | | | | | The safe-haven U.S. dollar rose modestly on Thursday afternoon as worries about rising numbers of coronavirus infections spurred a broader risk-off move, pushing U.S. equities lower. | | | | | | Negative U.S. interest rates could be the norm next year and all through to 2023 if fed funds futures are any indication. Or it could just be traders hedging their bets. | | | | | | There's little reason for the Federal Reserve to raise interest rates until inflation rises above the Fed's 2% target, Chicago Federal Reserve Bank President Charles Evans said on Thursday, noting that he expects low inflation to be a problem for the next few years. | | | | | | Twitter Inc had stepped up its search for a chief information security officer in recent weeks, two people familiar with the search told Reuters, before the breach of high-profile accounts on Wednesday raised alarms about the platform's security. | | | | | | The U.S. Federal Bureau of Investigation is leading a federal inquiry into the Twitter hacking, two sources familiar with the situation said, after hackers seized control of accounts belonging to Joe Biden, Kim Kardashian and others in what appeared to be a bitcoin scam. | | | | | |
