Markets Archives • Page 8537 of 10935 • Financial News

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US recovery, slow and uneven, is hampered by ‘uncertainty’: Fed survey

US businesses saw a modest increase in activity and employment generally increased through late August, a Federal Reserve report showed on Wednesday, but economic growth remained sluggish in some parts of the country.

Markets

Internet companies urge FCC to reject Trump bid to impose new social media regulations

A group representing major internet companies including Facebook Inc , Amazon.com Inc and Alphabet Inc's Google on Wednesday urged the Federal Communications Commission (FCC) to reject a Trump administration bid to narrow the ability of social media companies to remove objectionable content.

Markets

Airbnb spurns approach from Ackman’s blank-check company

Billionaire investor William Ackman has approached short-term home rental company Airbnb Inc about going public through a reverse merger with his blank-check company, according to people familiar with the matter.

Markets

US businesses see modest increase in activity, Fed survey shows

U.S. businesses saw a modest increase in activity and employment generally increased through late August, a Federal Reserve report showed on Wednesday, but economic growth remained sluggish in some parts of the country.

Markets

Intel releases new laptop chips to confront rising rivals

Intel Corp on Wednesday unveiled "Tiger Lake," the 11th generation version of its flagship chip for laptops.

Markets

Tesla tumbles 15% as blistering rally cools

Tesla Inc shares fell as much as 15per cent on Wednesday, extending previous session's losses after the electric-car maker announced a US$5 billion stock offering that was aimed at cashing in on Wall Street's heightened interest.

Markets

Aspiring TikTok buyers pursue four options in effort to revive talks: Report

TikTok's prospective buyers are discussing four ways to structure an acquisition from its Chinese owner ByteDance, which include buying its US operations without key software, after Beijing stalled a deal which could be worth US$30 billion, sources said.

Markets

Exclusive: Aspiring TikTok buyers pursue four options in effort to revive talks – sources

TikTok's prospective buyers are discussing four ways to structure an acquisition from its Chinese owner ByteDance, which include buying its U.S. operations without key software, after Beijing stalled a deal which could be worth US$30 billion, sources said.

Markets

United Airlines to cut 16,370 jobs as COVID-19 rages

United Airlines said on Wednesday it is preparing to furlough 16,370 workers on Oct. 1 as the coronavirus pandemic continues to devastate the airline industry.

Markets

Commerzbank looks externally for CEO: source

Commerzbank has launched an external search for its chief executive, a person with direct knowledge of the matter said on Wednesday, as a leadership vacuum at the German lender continues.

Markets

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