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PG&E says its distribution lines caused no deadly fires in 2019

California utility PG&E Corp has determined there were no lives or structures lost in 2019 wildfires that may have been caused by its distribution lines, according to a Friday court filing.



4 years ago

Wall Street slips as U.S. law on Hong Kong brings back trade fears

U.S. stocks slipped on Friday in a post-holiday shortened session as a U.S.-China discord over Hong Kong reignited trade tensions and retail stocks dipped on signs of a tepid start to in-store Black Friday sales.



4 years ago

HK’s SFC Finalises New Regulatory Framework For Virtual Asset Trading Platforms

Herbert Smith Freehills | William Hallatt and co-authors | Nov 22, 2019 On 6 November 2019, Hong Kong's Security and Futures Commission (SFC) issued a position paper setting out a new regulatory framework for the licensing of centralised virtual asset trading platforms, following the SFC's conceptual framework issued last year. The SFC's CEO, Ashley Alder,

4 years ago

Factbox: Quotes from shoppers as they scour for the best deals on Black Friday

Shoppers headed out to stores across the United States in a quest to score the best Black Friday discounts on everything from handbags to 4K TVs, with early promotions marking the start of a condensed holiday shopping season.



4 years ago

Warren Buffett's latest attempt to put his cash to work is thwarted

Berkshire Hathaway's cash hoard tops $128 billion. Now we have an idea of what Warren Buffett's been thinking of doing with some of that money.

4 years ago

That frenzied Black Friday crush? Not this year

The frenzy associated with Black Friday shopping was missing this year as U.S. retailers offered earlier discounts and more consumers shopped online, though spot checks around the country showed traffic picked up after a sluggish morning.



4 years ago

Black Friday, data concerns, online sales: 5 killer stats

Excellence in Marketing | Sarah Vizard & Torera George | Nov 25, 2019 We arm you with all the stats you need for Black Friday and to help you understand the big industry trends. 1. One in four shoppers planning to make a purchase on Black Friday More than a quarter (26%) of consumers are

4 years ago

Wall Street slips as U.S.-China tensions weigh, investors watch retail

Wall Street's major indexes ended Friday's shortened session lower as U.S.-China discord over Hong Kong fueled investor anxiety about their trade talks and retail stocks dipped as in-store Black Friday sales appeared to draw smaller crowds.



4 years ago

Nokia says working to end patent licensing row with Daimler, others

Nokia said on Friday it was working to end a row with Germany's Daimler and other firms which have complained to the EU antitrust regulators about the level of fees charged for technology patents from the Finnish company.



4 years ago

Oil slumps but sets monthly gain ahead of OPEC meeting

Oil prices fell on Friday, with U.S. crude dropping more than 4%, on fresh trade tensions and record high U.S. crude production, but they still ended the month higher as OPEC watchers expect an extension next week to a pact to throttle oil output beyond March.



4 years ago

Stocks dip as trade worries halt record rally, dollar falls

Oil prices slumped and a gauge of global equity markets on Friday edged away from an all-time high it nearly breached earlier in the week as doubts simmered over the outlook for signing an initial deal to ease U.S.-China trade tensions.



4 years ago

Musk's defamation trial over 'pedo guy' tweet is narrowed

The British cave explorer who sued Tesla Inc's Elon Musk for branding him "pedo guy" in a tweet has narrowed his defamation case against the electric car maker's chief executive, and is no longer seeking damages for an emailed suggestion he might be a child rapist.



4 years ago

Connected car prices may rise if Qualcomm wins antitrust case: auto makers

The cost of cars equipped with ultra-fast 5G wireless technology is likely to go up if microchip supplier Qualcomm Inc's patent licensing practices fail to change, a trade group representing major automakers and two leading automotive suppliers said in court filings on Friday.



4 years ago

Buffett's Berkshire outbid for Tech Data: CNBC

Billionaire investor Warren Buffett was thwarted in trying to spend some of the $128.2 billion of cash at his Berkshire Hathaway Inc, after a private equity firm outbid him to buy technology equipment distributor Tech Data Corp for $5.14 billion, CNBC said on Friday.



4 years ago

Apple 'taking a deeper look' at map policies after calling Crimea part of Russia

Apple Inc is "taking a deeper look at how we handle disputed borders" after it referred to the Russian-annexed Crimean Peninsula as part of Russia in its Maps and Weather apps for Russian users, a company spokeswoman told Reuters on Friday.



4 years ago