Monday, 7 June 2021

Reuters Business: Top takeaways from Apple's Developers Conference

Top takeaways from Apple's Developers Conference

Apple Inc (AAPL.O) on Monday announced a host of new features to software running on its smartphones, tablets, computers and wearable devices at its annual worldwide Developers Conference, with a focus on privacy.

Federal Reserve to release 2021 bank stress test results June 24

The Federal Reserve announced Monday that it would publish the results of its annual stress test of the nation's largest banks on June 24.

EOG Resources names insider Yacob as CEO

U.S. oil and gas producer EOG Resources Inc (EOG.N) said on Monday President Ezra Yacob would succeed William Thomas as the chief executive officer of the company, effective October.

S&P closes nominally lower as investors wait for a catalyst

The S&P 500 (.SPX) ended a languid session slightly in the red on Monday, with investors standing by on news of a global minimum corporate tax rate, lingering inflation fears, and a lack of market-moving economic news.

Fresh GM union vote in Mexico headed for delay - sources

A key workers' vote at a General Motors Co (GM.N) plant in Mexico that has drawn scrutiny from the Biden administration over alleged rights violations is slated to be delayed past a deadline set by Mexican authorities.

Big tech supports global tax, but wants digital services levies axed

U.S. tech giants could benefit from the agreement of the Group of Seven rich countries' agreement to create a global minimum 15% corporate tax rate if the final deal also scraps increasingly popular digital services taxes, according to industry lobbyists.

U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers

The Justice Department on Monday said it recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the most disruptive U.S. cyberattack on record.

S&P closes essentially flat as investors wait for a catalyst

The S&P 500 (.SPX) ended a languid session nominally lower on Monday, with investors standing by on news of a global minimum corporate tax rate, lingering inflation fears, and a lack of market-moving catalysts.

New York couple settle insider trader charge by U.S. SEC

A New York-based couple has agreed to pay more than $325,000 to settle charges of insider trading in the stock of a pharmaceutical company where one was employed, The U.S. Securities and Exchange Commission said on Monday.

U.S. consumers sour on housing market's buying conditions

A record-low percentage of U.S. consumers believe now is a good time to buy a home, with worries about surging prices and a small supply of houses on the market outweighing improved sentiment about their jobs and income, a survey from home financing giant Fannie Mae showed on Monday.

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