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Facebook blocks accounts linked to Russian state-owned Sputnik

Facebook Inc said on Thursday it had removed hundreds of Russia-initiated accounts, which it judged to be involved in coordinated inauthentic behavior on its platforms, including some linked to state-owned news agency Sputnik.


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Posted 2019/01/17 14:21:16

In Argentina crisis, firms do everything to cut costs - except fire workers

Like many Argentine businessmen, Marco Meloni is doing everything he can to avoid laying off staff at his textile factory despite a slump in sales, more than 70 percent interest rates and soaring utility bills.


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Posted 2019/01/17 13:53:44

Trading operations stung banks in fourth quarter but dovish Fed fuels hope

Big trading operations were a thorn in the side of the top U.S. banks in the fourth quarter as fears about global growth sent credit markets into a tailspin, but a "dovish" turn from the Federal Reserve may mean the drama is over for now.


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Posted 2019/01/17 12:51:48

UK PM May seeks to end Brexit stalemate after winning confidence vote

Prime Minister Theresa May won a confidence vote in the British parliament on Wednesday and then appealed to lawmakers from across the political divide to come together to try to break the impasse on a Brexit divorce agreement.


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Posted 2019/01/16 22:37:08

As shutdown lingers, Pelosi pushes Trump to delay State of Union speech

With the partial U.S. government shutdown now in its 26th day, House Speaker Nancy Pelosi on Wednesday urged President Donald Trump to reschedule his State of the Union address - a move that could deny him the opportunity to use the pageantry of the speech to attack Democrats in their own chamber over the impasse.


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Posted 2019/01/16 22:25:03

USDA recalls workers to help with farm loans, taxes; data uncertain

The U.S. Department of Agriculture will reopen about 980 Farm Service Agency (FSA) offices for three days starting on Thursday to help process farm loans and tax documents during the partial federal government shutdown.


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Posted 2019/01/16 22:25:03

Upbeat bank earnings send Wall Street to one-month highs

Wall Street's major indexes hit one-month highs on Wednesday as strong earnings from Bank of America Corp and Goldman Sachs Group Inc boosted investor sentiment.


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Posted 2019/01/16 22:20:47

British PM May says door open to Labour to join Brexit talks

British Prime Minister Theresa May said on Wednesday the opposition Labour Party had yet to discuss a new approach to Brexit with her and urged politicians to put self-interest aside to work to break an impasse over leaving the European Union.


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Posted 2019/01/16 22:17:21

Congressional Democrats move to stop U.S. Census citizenship question

Democrats in the U.S. Congress on Wednesday were moving ahead with legislation to prevent the Trump administration from adding a citizenship question to the 2020 Census, following a court decision this week blocking inclusion of such information.


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Posted 2019/01/16 21:57:26

U.S. watchdog cites constitutional concerns over Trump hotel lease

There were "serious shortcomings" in the General Services Administration handling of President Donald Trump's lease of the government-owned building that houses his Trump International Hotel in Washington, according to a U.S. government watchdog report released on Wednesday.


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Posted 2019/01/16 21:39:55

Blast claimed by Islamic State kills U.S. troops in Syria

A bomb attack claimed by Islamic State killed two U.S. troops and two civilians working for the U.S. military in northern Syria on Wednesday, weeks after President Donald Trump said the group had been defeated there and that he would pull out all American forces.


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Posted 2019/01/16 21:36:29

Sterling up after May wins confidence vote; stocks climb

Major world stock indexes rose on Wednesday, with the S&P 500 supported by sharply higher U.S. bank shares after strong earnings, while the pound was up after British Prime Minister Theresa May's government won a confidence vote in parliament.


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Posted 2019/01/16 21:34:10

Fiserv to buy First Data for $22 billion to boost payments business

U.S. financial technology provider Fiserv Inc said on Wednesday it had agreed to buy payment processor First Data Corp in a $22 billion all-stock deal, the biggest ever acquisition in the booming market for digital payments.


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Posted 2019/01/16 21:23:13

U.S. investigating Huawei for alleged trade secret theft: WSJ

Federal prosecutors are investigating Huawei Technologies[HWT.UL], the world's largest telecommunications equipment maker, for allegedly stealing trade secrets from U.S. businesses and could soon issue an indictment, the Wall Street Journal reported on Wednesday.


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Posted 2019/01/16 21:17:48

UK PM May to give statement shortly after 2200 GMT

British Prime Minister Theresa May will give a statement from Downing Street shortly after 2200 GMT, her office said on Wednesday, after she survived a parliamentary no confidence vote.


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Posted 2019/01/16 21:01:27

Sears chairman prevails in bankruptcy auction for retailer with $5.2 billion bid: sources

Sears Holdings Corp Chairman Eddie Lampert prevailed in a bankruptcy auction for the U.S. department store chain with an improved takeover bid of roughly $5.2 billion, allowing the 126-year-old retailer to keep its doors open, people familiar with the matter said Wednesday.


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Posted 2019/01/16 20:40:34

World stocks rise; sterling up ahead of May vote

Major world stock indexes rose on Wednesday, with the S&P 500 supported by gains in U.S. bank stocks after strong earnings, while the pound edged up ahead of a no-confidence vote in British Prime Minister Theresa May's government.


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Posted 2019/01/16 16:38:40

Trump threatens to use emergency power to build wall, end shutdown

Flanked by border agents who are going without paychecks during a government shutdown, U.S. President Donald Trump threatened on Thursday to use emergency powers to bypass Congress to pay for a wall on the U.S.-Mexico border.


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Posted 2019/01/16 16:36:18

Trump cancels planned Davos trip as shutdown drags on

U.S. President Donald Trump on Thursday canceled a planned visit later this month to the World Economic Forum in Davos, Switzerland, signaling he was prepared for the political showdown over the partial federal government shutdown to stretch into late January.


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Posted 2019/01/16 16:36:18

Nissan plans to file for damages against Ghosn: source

Nissan Motor Co Ltd plans to file a civil suit against ousted chairman Carlos Ghosn to claim damages resulting from the alleged misuse of company funds, a person with knowledge of the issue said, adding to the high-profile executive's legal headaches.


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Posted 2019/01/16 16:32:44