U.S. consumer spending fell for a second straight month in December amid renewed business restrictions to slow the spread of COVID-19 and a temporary expiration of government-funded benefits for millions of unemployed Americans.
SAN FRANCISCO: Facebook took down a popular Wall Street discussion group, Robinhood Stock Traders, in a move its founder said was an unjustified response to conversations that have buoyed shares in GameStop and other companies. GameStop, AMC Entertainment Holdings and BlackBerry have been at the ...
Facebook Inc said on Friday it would soon start developing "topic exclusion controls" on its platform to give advertisers greater ability to weed out certain types of content from appearing alongside their ads.
The U.S. Securities and Exchange Commission on Friday said it was closely monitoring potential wrongdoing amid recent price volatility in the U.S. stock market, and warned against illegal "manipulative trading activity."
Short-seller Andrew Left, whose company Citron was one of the hedge fund players to spark this week's battle with small-time traders over GameStop Corp, said in a YouTube video on Friday that his company would no longer publish short-selling research.
Toyota Motor Corp unveiled its Woven Planet research unit at a virtual media event on Friday, promising to deliver the world's "safest mobility" as competition heats up to develop self-driving and connected cars.
Japanese online fashion retailer Zozo Inc on Friday launched skin tone measuring glasses for ordering cosmetics online, making its latest fashion tech offering as it expands beyond apparel.
REUTERS: Three BlackBerry executives, including the chief financial officer, sold US$1.7 million of the telecoms technology firm's stock in the early days of this month's meteoric share price rise, filings with securities regulators show. BlackBerry and other heavily shorted stocks have soared in ...
LONDON: London Stock Exchange said on Friday (Jan 29) that it had completed its US$27 billion deal to buy data provider Refinitiv. "This transformational transaction brings together two highly complementary global businesses with a shared commitment to an Open Access philosophy, working in ...
Biogen Inc and partner Eisai Co Ltd said on Friday the U.S. Food and Drug Administration has extended the review period for their experimental Alzheimer's disease treatment by three months.
