Friday, 10 September 2021

Reuters Business: Apple must ease App Store rules, U.S. judge orders

Apple must ease App Store rules, U.S. judge orders

A U.S. federal judge struck down some of Apple Inc's App Store rules on Friday, forcing the company to allow developers to send their users to other payment systems in a partial win for "Fortnite" creator Epic Games and other app makers.

Wall Street ends lower, Apple sinks on app store ruling

Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.

U.S. House committee moves to block Rio Tinto's Resolution mine

A U.S. House of Representatives committee has voted to include language in a wider budget reconciliation package that would block Rio Tinto Ltd from building its Resolution copper mine in Arizona.

Nasdaq short interest up 0.21% in late August

Short interest on the Nasdaq rose 0.21% in late August, Nasdaq said on Friday.

Wall Street ends down, Apple sinks on app store ruling

Wall Street ended lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.

Small U.S. employers frustrated by Biden's COVID vaccine mandate

Small employers like Bob Roth on Friday voiced frustration with U.S. President Joe Biden's mandate that workers either get vaccinated or tested regularly to combat the spread of the coronavirus.

Wall St Week Ahead Investors eye wobbling energy sector as gauge for Delta fears

Energy stocks are becoming a popular bellwether for concerns over how deeply the Delta variant of the coronavirus is expected to impact the U.S. economy, as the so-called reopening trade that boosted some parts of the market earlier this year continues to stumble.

Biden vaccine mandates: Republicans angry, business groups muted

Republicans on Friday vowed to fight U.S. President Joe Biden's new vaccine mandate covering big companies and federal employees, but business groups that often agree with them on issues like taxes are not joining in.

U.S. lawmakers to vote on $10 billion for high-speed-rail grants

A U.S. House of Representatives panel plans to vote next week on legislation that includes $10 billion in government assistance for high-speed-rail corridors.

Dollar gains with yields as Fed policy in focus

The dollar rose on Friday in line with higher U.S. Treasury yields as investors focused on when the Federal Reserve is likely to begin reducing its asset purchases.

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