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Congressional antitrust panel to discuss Big Tech competition

The Senate's antitrust panel will meet later this month to discuss concerns that tech giants, such as Google or Amazon, seek to buy smaller rivals in order to head off competition.



5 years ago

Air Canada files challenge over Onex's C$3.5 billion buyout of rival WestJet

Air Canada has challenged Onex Corp's proposed acquisition of WestJet Airlines , on grounds that the deal may not meet the country's ownership rules, according to a letter sent by the carrier to the Canadian Transportation Agency.



5 years ago

Google target of new antitrust probe by state attorneys general: Washington Post

More than half of U.S. state attorneys general are readying an investigation into Alphabet Inc's Google for potential antitrust violations, the Washington Post reported on Tuesday.



5 years ago

Four ways for college students to control their health-care costs

Here's a surprise college expense: The cost of health care. Students may have multiple options in order to keep themselves covered through school. What you should know.

5 years ago

Tesla Autopilot engaged in 2018 California crash; driver's hands off wheel: NTSB

The National Transportation Safety Board (NTSB) said on Tuesday that a Tesla Model S was in Autopilot mode and the driver's hands were off the wheel when it struck a fire truck in Culver City, California, one of a series of crashes the board is investigating involving Tesla's driver assistance system.



5 years ago

IATA 'worried' about regulatory discrepancy over Boeing 737 MAX

International Air Transport Association Director General Alexandre de Juniac is "worried" about the discrepancy among global regulators with regard to the process of re-approving Boeing Co's grounded 737 MAX for flight and the precedent it may set for future aircraft programs.



5 years ago

Walmart to stop selling ammunition for handguns, assault-style weapons

Walmart Inc said on Tuesday it would discontinue sales of ammunition for handguns and some assault-style rifles in stores across the United States, in response to the recent mass shootings in Texas and Ohio.



5 years ago

Facebook brings face recognition to all users, discontinues 'Tag Suggestions'

Facebook Inc said on Tuesday its face recognition technology will now be available to all users with an option to opt out, while deciding to discontinue a related feature called 'Tag Suggestions'.



5 years ago

U.S. Treasury yields drop, stocks slide on weak factory data, tariffs

Benchmark 10-year U.S. Treasury yields fell to their lowest level since July 2016 on Tuesday, and all three major U.S. stock indexes were in the red amid heightened trade worries and a contraction in U.S. factory production.



5 years ago

Brazil automaker CAOA signs preliminary agreement to buy Ford plant

Brazilian automaker CAOA has reached a preliminary agreement to buy Ford Motor Co's plant in Sao Bernardo do Campo, which the U.S. automaker will close by year's end as part of a global restructuring, the companies said on Tuesday.



5 years ago

Oil sinks as manufacturing data feeds global economy worries

Oil prices fell on Tuesday, with U.S. crude futures down 2% after manufacturing data raised concerns about a weakening global economy, while the U.S.-China trade dispute continued to drag on investor sentiment.



5 years ago

Wall Street traders pump up Argentine peso as currency controls hit home

Argentina's peso surged on Tuesday, pumped up by Wall Street traders, back after a long holiday weekend, cheering President Mauricio Macri's capital controls that are aimed at protecting the beleaguered currency.



5 years ago

U.S. manufacturing shrinks, 10-year yield hits three-year low

U.S. Treasury yields fell on Tuesday, with the benchmark 10-year yield hitting its lowest since July 2016, after manufacturing data showed the U.S. factory sector contracted for the first time since 2016 amid worries about a weakening global economy and trade tensions between China and the United States.



5 years ago

Oil industry urges Trump administration to dismiss biofuel industry wish list

The American Petroleum Institute on Tuesday urged the Trump administration to reject proposals floated by U.S. farmers and ethanol producers to boost ethanol demand, the latest development in the clash over biofuel policy.



5 years ago

Google target of new U.S. antitrust probe by state attorneys general

More than half of U.S. state attorneys general are readying an investigation into Alphabet Inc's Google for potential antitrust violations, a source knowledgeable about the probe said on Tuesday.



5 years ago