Tuesday, 12 January 2021

U.S. FTC's antitrust case against Facebook gets new judge

U.S. FTC's antitrust case against Facebook gets new judge

The U.S. Federal Trade Commission's antitrust lawsuit against Facebook was transferred to another judge on Tuesday so that it and a similar case filed by state attorneys general will be heard by the same person, according to a court filing on Tuesday.

Brent at 11-month high, yields end flat

Oil prices hit their highest in nearly a year on Tuesday on lower supply bets and Treasury yields tightened from 10-month highs after strong demand at an auction.

S&P 500 ends with slightest gain as small caps favored

The benchmark S&P 500 closed barely higher on Tuesday while shares in smaller companies soared to record highs as investors favored more economically sensitive market segments as they bet on a recovery in 2021.

Las Vegas casino magnate, U.S. Republican donor Sheldon Adelson dies

American casino mogul Sheldon Adelson, who built lavish gambling palaces that made him one of the world's richest men and became a potent supporter of U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, has died at age 87.

Reactions to death of Sheldon Adelson, casino mogul and political donor

Following are reactions to the death of American casino mogul Sheldon Adelson:

For many, COVID-19 has changed the world of work for good

The upheaval in global labour markets triggered by the coronavirus pandemic will transform the working lives of millions of employees for good, policymakers and business leaders told a Reuters virtual forum on Tuesday.

Oil settles up, near $57 on tight supply expectations

Oil hit an 11-month high just below $57 a barrel on Tuesday, bolstered by Saudi Arabia's plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail fuel demand.

Rolling with the changes: Bridgestone Americas' CEO on leadership now

As first years on the job go, Paolo Ferrari, president, CEO and COO of Bridgestone Americas, Inc., has certainly had an eventful one.

JetBlue, American to refrain from 'certain coordination' in some cities

The move follows a regulatory review of their previously announced strategic partnership to boost flying options in New York and Boston, allowing the two airlines to sell each other's flights and link frequent flyer programs.

Look, up in the sky - it's a flying Cadillac! GM unveils futuristic vehicle

General Motors Co on Tuesday presented a futuristic flying Cadillac - a self-driving vehicle which takes off and lands vertically and carries the passenger above the streets and through the air.

Related Videos

Stocks due for pullback soon: strategist

Casino icon, GOP donor Sheldon Adelson dies

IBM_Security_Shield_1Q21_Reuters_Thumbnail.png
Sponsored by IBM: IBM Security Solutions

Explore the cybersecurity solutions behind the shield to help you put security everywhere

LEARN MORE