 | | | | The chief executives of Twitter Inc , Facebook and Alphabet Inc will tell U.S. lawmakers at a hearing on Wednesday that a federal law protecting internet companies is crucial to free expression on the internet, according to written testimonies from the companies seen by Reuters. | | | | | | When the coronavirus pandemic slammed the United States in March, the Detroit Three automakers shut their plants and brought their North American vehicle production to an unprecedented cold stop. | | | | | | Huawei Technologies Co Ltd lawyers resumed witness testimony in a Vancouver court on Tuesday, pushing a Canadian federal police officer to explain why the border security officials intercepted the company's Chief Financial Officer Meng Wanzhou before the federal police arrested her. | | | | | | Daimler unit Mercedes-Benz is to lift its stake in Britain's Aston Martin to up to 20% by 2023, making it one of the struggling British carmaker's largest shareholders, Aston said on Tuesday. | | | | | | Technology stocks, which have surged for months during the pandemic, likely hit their top last month, hedge fund investor David Einhorn wrote on Tuesday, adding that he's prepared for a drop by betting against more names, including second-tier companies and ones that just listed their stock. | | | | | | TikTok has plans to hire about 3,000 engineers over the next three years, mostly in Europe, Canada and Singapore, the company told Reuters on Tuesday. | | | | | | Consumer confidence dropped sharply in October in three U.S. states considered crucial for Republican President Donald Trump's re-election as fears about the economy's outlook mounted, according to a survey on Tuesday. | | | | | | Stocks on Wall Street were little changed on Tuesday, with the Dow and S&P 500 dipping on disappointing earnings and dimmer hopes for a U.S. coronavirus stimulus before Election Day, though the Nasdaq rose ahead of big technology company results. | | | | | | Payment processor Visa Inc's $5.3 billion deal to buy fintech startup Plaid Inc is facing antitrust scrutiny at the U.S. Justice Department, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. | | | | | | Chevron Corp will lay off about 25% of Noble Energy's employees who joined the oil major after its $4.1 billion purchase of the smaller rival earlier this month, the company told Reuters on Tuesday. | | | | | |
