A scathing report detailing abuses of market power by four top technology companies suggests a tough road ahead of new rules and stricter enforcement for Big Tech should Democratic presidential candidate Joe Biden win the White House.
Citigroup Inc has agreed to pay a $400 million penalty for failing to address "several longstanding deficiencies" across the company, U.S. banking regulators said on Wednesday.
Microsoft Corp said on Wednesday a change it had made recently could have caused accessibility issues with multiple 365 services, including Teams and Outlook, and that the U.S. software maker has reverted it.
U.S. stocks rebounded to close sharply higher on Wednesday after incremental stimulus proposals helped investors recover from the shock of President Donald Trump's announcement on Tuesday that he would halt stimulus talks until after the Nov. 3 election.
Activist investor Daniel Loeb on Wednesday urged Walt Disney Co to forgo paying a dividend and use the cash to make and buy more programming for its Disney+ streaming service as it battles tech giants Netflix and Amazon .
If Nvidia Corp buys Arm Ltd from SoftBank Group Corp , Arm will keep "firewalls" in place to ensure the data center chip company does not access confidential information from Arm's customers or get early access to Arm's products, a top Arm executive told Reuters on Tuesday.
Oil and gas workers withdrew en masse from offshore production facilities, and onshore refineries began storm preparations on Wednesday as Hurricane Delta was forecast to intensify into a powerful, Category 3 storm as it crosses the Gulf of Mexico.
BHP Group Ltd completed shutting production and evacuating workers from the Shenzi and Neptune platforms in the U.S.-regulated northern Gulf of Mexico ahead of Hurricane Delta, a company spokeswoman said on Wednesday.
More than half a dozen liquefied natural gas (LNG) tankers were waiting to enter U.S. export plants in the Gulf of Mexico as Hurricane Delta marches toward the Gulf Coast.
RiverFront Investment Group's Kevin Nicholson says investors should position their portfolios now ahead of a possible Democratic sweep on Election Day.
A congressional panel accused Apple, Amazon, Facebook and Google of abusing market power. Possible remedies include everything from breakups to banning M&A. Jennifer Saba explains that blistering antitrust recommendations may be watered down but lobbyists will reap the benefits.
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