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Updated: 4 years 23 weeks ago
UPDATE 2-Republican senators push FCC to act on Trump social media order
Four Republican U.S. senators
on Tuesday urged the Federal Communications Commission (FCC) to
review whether to revise liability protections for internet
companies after President Donald Trump urged action.
Categories: Business News
UPDATE 1-Santander Brasil denies plans to lay off 20% of workforce as reported by paper
Banco Santander Brasil SA
, one of Brazil's top lenders, has denied it plans to
lay off 20% of its workforce in Brazil as reported by newspaper
Folha de S. Paulo, the bank said in a statement sent to Reuters.
Categories: Business News
UPDATE 2-AMC to reopen theaters globally in July, shares rise
AMC Entertainment Holdings Inc
said on Tuesday it was expecting to reopen its theaters globally
in July after shutting them down in mid-March due to the
COVID-19 pandemic, sending its shares up about 4% in extended
trading.
Categories: Business News
Retracted COVID-19 studies expose holes in vetting of data firms
The scramble to research the
novel coronavirus has exposed weaknesses in the vetting of
healthcare data being supplied by a growing number of U.S.
firms, a flaw that forced two of the most respected medical
journals to pull studies last week.
Categories: Business News
Vodafone says UK's desire to lead in 5G will suffer a blow if Huawei is ripped out
Vodafone Group Plc, the world's
second-biggest mobile operator, has warned that Britain's desire
to lead the world in 5G technology will face a big blow if it
decides to remove China's Huawei Technologies Co Ltd
from the country's telecoms infrastructure.
Categories: Business News
UPDATE 2-Hedge fund Bow Street close to winning control of board at Mack-Cali, sources say
Bow Street LLC is close to having
eight directors elected to the board of Mack-Cali Realty Corp
, which would give the hedge fund control of the real
estate investment trust's board, sources familiar with the
matter said on Tuesday.
Categories: Business News
UPDATE 1-CME to reopen Chicago eurodollar options trading pit on Aug. 10
CME Group Inc said on Tuesday it
will reopen its eurodollar options trading pit on Aug. 10,
making it the latest U.S. exchange operator to resume open
outcry trading, which had been put on hold due to the
coronavirus pandemic.
Categories: Business News
UPDATE 1-U.S. charges firm president, trader in COVID-19 fraud schemes
U.S. authorities on Tuesday
said they have charged the head of California medical technology
firm Arrayit Corp and an investor in the company, alleging that
they had roles in schemes related to COVID-19 claims.
Categories: Business News
Chinese firms may halt use of tankers that have transported Venezuelan oil -sources
Chinese oil companies
may soon decline to charter any tanker that has visited
Venezuela in the past year to avoid disruption to operations if
the United States blacklists more ships for trading with
Caracas, four shipping sources told Reuters on Tuesday.
Categories: Business News
Santander Brasil to lay off 20% of workforce in Brazil amid COVID-19, paper says
Banco Santander Brasil SA
, one of Brazil's top lenders, has started to lay off
employees as part of a 20% cut in its workforce, newspaper Folha
de S.Paulo reported on Tuesday.
Categories: Business News
UPDATE 1-Republican senators push FCC to act on Trump social media order
Four Republican U.S. senators
on Tuesday urged the Federal Communications Commission (FCC) to
review whether to revise liability protections for internet
companies after President Donald Trump urged action.
Categories: Business News
Business analytics firm Dun & Bradstreet launches U.S. IPO
U.S. business analytics firm Dun &
Bradstreet on Tuesday filed for an initial public offering,
looking to ride the recent wave of successful new listing after
the COVID-19 pandemic crushed the market for new issues.
Categories: Business News
UPDATE 3-Mexican president urges Canadian mining firms to pay taxes
Mexican President Andres
Manuel Lopez Obrador said on Tuesday some of Canada's mining
firms were behind on their tax payments and urged the Canadian
government to lean on them to avoid the dispute reaching
international tribunals.
Categories: Business News
Pompeo chides HSBC for 'corporate kowtow' to Beijing
U.S. Secretary of State Mike
Pompeo on Tuesday chided British bank HSBC for backing
moves by China to end Hong Kong's autonomy, saying such
"corporate kowtows" got little in return from Beijing.
Categories: Business News
Hedge fund Bow Street close to winning eight board seats at Mack-Cali, sources say
Bow Street LLC is close to having
eight directors elected to the board of Mack-Cali Realty Corp
, marking the second time in two years that investors
have backed the hedge fund's director candidates, sources
familiar with the matter said on Tuesday.
Categories: Business News
GLOBAL MARKETS-Stocks trend lower as investors step back, safe-havens rally
A recent run of optimism in
markets hit the brakes on Tuesday as investors mostly pulled
back from stocks, though the Nasdaq extended its record run to a
new high, while the safe-haven yen, Swiss franc and gold
rallied.
Categories: Business News
Chief of California firm charged in COVID-19 fraud scheme -DOJ
The president of a California
medical technology company has been charged for ties to a scheme
involving false and fraudulent claims for allergy and COVID-19
testing, the U.S. Department of Justice said on Tuesday.
Categories: Business News
UPDATE 1-TikTok's Mayer pledges fake news fight in call with EU's Breton
Chinese video app TikTok's new
Chief Executive Kevin Mayer has told EU digital chief Thierry
Breton he intends to play an active role fighting
disinformation, an EU official said on Tuesday, as Breton pushes
tech giants to step up their efforts against fake news.
Categories: Business News
UPDATE 1-AMC says theaters to reopen globally in July
AMC Entertainment Holdings Inc
said on Tuesday it was expecting to reopen its theaters globally
in July after the COVID-19 crisis forced it to shut them for
months that hurt its first-quarter results.
Categories: Business News
Republican lawmakers ask U.S. Agriculture Dept to ease regs on meat production
Six Republicans in the House
of Representatives Judiciary Committee urged the U.S.
Agriculture Department on Tuesday to ease regulations on meat
processors that they said make it harder for smaller companies
to compete.
Categories: Business News
