Factbox: Biggest U.S. data breach settlements before Equifax
The U.S. Federal Trade Commission announced on Monday that Equifax Inc. will pay up to $700 million for a data breach that exposed millions of...
Equifax’s $700 million data breach settlement spurs calls for new rules
Credit-reporting company Equifax Inc will pay up to $700 million to settle claims it broke the law with a massive 2017 data breach and to...
Facebook, Amazon and Alphabet take center stage on Wall Street
The so-called FANG stocks take center stage on Wall Street this week, with Amazon , Alphabet and Facebook set to report as the S&P 500...
U.S. stocks led higher by tech on trade optimism; oil rises
U.S. stocks advanced on Monday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress...
Huawei’s U.S. research arm laying off workers
The U.S.-based research arm of China’s Huawei Technologies Co Ltd – Futurewei Technologies Inc – announced worker layoffs on Monday, according to two Futurewei employees....
Trump is expected to drop in on White House tech meeting with Broadcom, Intel CEOs: sources
Chief executives from chipmakers Intel and Broadcom will attend a Monday meeting at the White House to discuss Huawei’s blacklisting and other topics, and President...
Wall Street mixed ahead of major earnings, key central bank meetings
The S&P 500 index pared early gains to tread water on Monday, as investors awaited key central bank meetings for direction on the path of...
Fitch cuts Boeing’s debt outlook to ‘negative’ on 737 MAX problems
Fitch Ratings lowered its debt outlook for Boeing Co to “negative” from “stable” on Monday, citing regulatory uncertainty around the timing of its 737 MAX...
Halliburton profit beats as company cuts cost; shares rise
Halliburton Co on Monday beat analysts’ estimates for second-quarter profit as its largest oil-well services unit exceeded expectations, putting the company’s shares on track for...
BP says biofuel to add to rather than replace gasoline in Brazil
BP does not expect supply from additional biofuel capacity in Brazil – where it is combining its unit with U.S. grain trader Bunge’s – to...