(Reuters) – TikTok’s head of content strategy and policy, Nicole Iacopetti, will leave the company on Sept. 6, The Information reported on Tuesday, citing a note sent to staff. (Reporting by Juby Babu in Mexico City; Editing by Arun Koyyur)
By Noel Randewich (Reuters) -The S&P 500 ended higher on Tuesday and the Dow Jones notched a record-high close ahead of a much-anticipated quarterly report from Nvidia on Wednesday and economic data expected later in the week that could give clues about the path of interest rate cuts. Heavyweight tech-related stocks were mixed, with the …
Wall Street ends up as investors focus on Nvidia results Read More »
(Reuters) -The owners of the National Football League (NFL) have allowed some private equity firms to buy up to a 10% stake in a team, the NFL said on Wednesday. Firms initially approved by the NFL include Ares Management, Arctos Partners and Sixth Street in addition to a consortium comprising Blackstone, Carlyle, CVC and Dynasty …
NFL allows private equity firms to buy up to 10% stake Read More »
(Reuters) -The U.S. commodity markets regulator on Tuesday ordered the Swiss energy trader TOTSA TotalEnergies Trading SA to pay a $48 million fine, alleging that the company had attempted to manipulate the market for European benchmark gasoline futures. “The scheme in this matter involved an attack on the market integrity of CFTC-regulated futures contracts on …
(Reuters) -Nordstrom reported a better-than-expected growth in second-quarter sales on Tuesday, buoyed by its crucial Anniversary Sale event, even as consumers remain cautious amid inflationary pressures, sending its shares up 11% in extended trading. The upmarket department store chain also slightly revised its annual comparable sales forecast, raising the lower end to a range of …
Nordstrom Q2 revenue rises on boost from sales event, shares surge Read More »
By Nikhil Sharma and Fergal Smith (Reuters) -Canada’s main stock index ended lower on Tuesday, pulling back from a record high, as a drop in oil prices weighed on the energy sector and investors weighed prospects for bank earnings after mixed results from some of Canada’s major lenders. The Toronto Stock Exchange’s S&P/TSX composite index …
Toronto market edges off record high as oil prices drop Read More »
By Gnaneshwar Rajan and Nandita Bose (Reuters) – Meta Platforms CEO Mark Zuckerberg said the Biden administration had pressured the company to “censor” COVID-19 content during the pandemic, apparently referring to White House requests to take down misinformation about the coronavirus and vaccines. In a letter dated Aug. 26, Zuckerberg told the U.S. House of …
Zuckerberg says Biden admin pressured Meta to ‘censor’ COVID-19 content Read More »
By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department said Tuesday it plans to award $50 million to HP to support the expansion and modernization of an existing company facility in Oregon that will boost key semiconductor technologies. The proposed funding will support technologies that serve life sciences instrumentation and technology hardware used in …
US to award HP $50 million for semiconductor tech project Read More »
By Himanshi Akhand and Lewis Jackson (Reuters) -Australia’s Woodside Energy reported on Tuesday a decline of 14% in half-year profit, hit by lower oil prices, but the result and its dividend beat market expectations, sending shares up 4%. Chief Executive Meg O’Neill said there had been a flood of interest in the proposed sale of …
Woodside profit, dividend beat estimates, firm flags interest in Driftwood stake Read More »
(Reuters) – A divided federal appeals court on Monday revived Tesla’s lawsuit challenging Louisiana’s ban on direct vehicle sales to consumers. In a 2-1 decision, the 5th U.S. Circuit Court of Appeals in New Orleans reversed the dismissal of Tesla’s due process claim, vacated the dismissal of its antitrust claim, and upheld the dismissal of …
Tesla can challenge Louisiana direct sales ban, US appeals court rules Read More »
