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Justice Department meeting state AG offices Tuesday to discuss Google: sources

Justice Department officials will meet on Tuesday with representatives of state attorneys general to discuss their investigations of search and advertising giant Google, according to sources familiar with the plans.



5 years ago

Tesla up 17% after Panasonic posts first quarterly profit at battery business

Tesla Inc's stock surged 17% on Monday, taking its rise since early June to over 300%, fueled by a quarterly profit at Panasonic's battery business with the U.S. car maker and an investor report predicting its shares would rise more than ten-fold by 2024.



5 years ago

Stocks jump as China markets reopen, dollar gains

The dollar strengthened and a gauge of global stocks jumped, lifted by an unexpected rebound in U.S. manufacturing that helped temper fears that caused stocks overnight in Asia to plunge on the potential impact of the coronavirus in China.



5 years ago

Wall Street rebounds from virus fears, helped by factory strength and tech stocks

U.S. stocks rallied on Monday, boosted by heavyweight technology shares and on surprise strength in U.S. manufacturing activity, following a sharp selloff last week on concerns about the economic impact from the fast-spreading coronavirus out of China.



5 years ago

Alphabet posts slowest fourth-quarter revenue growth in five years, reveals YouTube revenue

Google-parent Alphabet Inc on Monday reported its worst fourth-quarter revenue growth since 2015, missing analysts' estimate for a period in which its top online advertising rivals beat expectations.



5 years ago

Airbus bribery scandal triggers new probes worldwide

Fallout from the Airbus bribery scandal reverberated around the world on Monday as the head of one of its top buyers temporarily stood down and investigations were launched in countries aggrieved at being dragged into the increasingly political row.



5 years ago

Minnesota regulator approves certificate of need for Enbridge Line 3 project

The Minnesota Public Utilities Commission on Monday approved a certificate of need for Enbridge Inc's Line 3 oil replacement project, moving the long-delayed replacement closer to reality.



5 years ago

Enbridge Line 3 oil pipeline clears hurdles with Minnesota regulator

Enbridge Inc's Line 3 pipeline replacement cleared key hurdles on Monday, after a Minnesota regulator endorsed a revised environmental impact statement for the project.



5 years ago

Tesla up 20% after Panasonic posts first quarterly profit at battery business

Tesla Inc's stock surged 20% on Monday in its largest one-day gain since 2013, fueled by a quarterly profit at Panasonic's battery business with the U.S. car maker and an investor report predicting its shares would rise more than ten-fold by 2024.



5 years ago

Stocks rally as China markets reopen, dollar gains

The dollar strengthened and a gauge of global stocks jumped on Monday, lifted by an unexpected rebound in U.S. manufacturing that helped temper fears that caused stocks overnight in Asia to plunge on the potential impact of the coronavirus in China.



5 years ago

Alphabet shares fall as Google misses on sales, debuts YouTube revenue

Google-parent Alphabet Inc on Monday reported its worst fourth-quarter revenue growth since 2015, missing analysts' estimate for a period in which its top online advertising rivals beat expectations.



5 years ago

Huawei urges U.S. agency to drop national security risk designation

Huawei Technologies Co Ltd on Monday asked the Federal Communications Commission (FCC) not to finalize its designation of the China tech giant as a risk to U.S. national security, calling the effort "unlawful and misguided."



5 years ago

United Airlines suspending U.S.-bound mainland China flights a day earlier

United Airlines said on Monday it will move up its temporary suspension of U.S.-bound flights from mainland China by one day to Tuesday.



5 years ago

Huawei, ZTE urge U.S. not to impose national security risk labels

Huawei Technologies Co Ltd and ZTE Corp on Monday both asked the U.S. Federal Communications Commission (FCC) not to finalize its designation of the China tech giants as risks to U.S. national security.



5 years ago

Asia shares fragile amid China worries, oil sinks

A fragile calm gripped Asian shares on Tuesday as investors waited anxiously to see if Beijing could stem the rout in Chinese assets, while oil hit 13-month lows as the coronavirus throttled demand in the world's biggest importer of fuel.



5 years ago