Wall St posts third straight quarterly loss as inflation weighs, recession looms

Wall St posts third straight quarterly loss as inflation weighs, recession looms

S&P 500 notches largest September percentage drop in 20 years All three major US stock indexes post three-quarter slumps Core inflation data hotter than expected Indexes down: Dow 1.71%, S&P 1.51%, Nasdaq 1.51% NEW YORK, Sept 30 (Reuters) – The S&P 500 closed the books on its steepest September decline in two decades on Friday, … Read more

Exclusive: Brands blast Twitter for ads next to child pornography accounts

Sept 28 (Reuters) – Some major advertisers including Dyson, Mazda, Forbes and PBS Kids have suspended their marketing campaigns or removed their ads from parts of Twitter because their promotions appeared alongside tweets soliciting child pornography, the companies told Reuters. Brands ranging from Walt Disney Co (DIS.N), NBCUniversal (CMCSA.O) and Coca-Cola Co (KO.N) to a … Read more

Twitter to interview Elon Musk, known for combative testimony

WILMINGTON, Del., Sept 26 (Reuters) – Billionaire Elon Musk’s tendency to dish out insults while being questioned under oath will be tested anew this week, when lawyers for Twitter Inc (TWTR.N) are expected to interview the Tesla Inc (TSLA .O) CEO about his abrupt decision in July to ditch his $ 44 billion deal for … Read more

Wall Street ends lower, Dow confirms bear market

Register now for FREE unlimited access to Reuters.com Register Fed rate hikes have investors ‘throwing in the towel’ Casinos jump as Macau allows tour groups after nearly 3 years Indexes: Dow -1.11%, S&P 500 -1.03%, Nasdaq -0.60% Sept 26 (Reuters) – Wall Street slid deeper into a bear market on Monday, with the S&P 500 … Read more

Google loses challenge against EU antitrust decision, other probes loom

Register now for FREE unlimited access to Reuters.com Register LUXEMBOURG, Sept 14 (Reuters) – Google suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($ 4.13 billion) for using its Android mobile operating system to thwart rivals, offering a precedent for other regulators to ratchet up … Read more

Japan liquor businesses turn to non-alcoholic drinks to attract Gen Z

Register now for FREE unlimited access to Reuters.com Register TOKYO, Sept 12 (Reuters) – Bucking the age-old stereotype of hard-drinking college students, Manaka Okamoto considers the next day’s schedule before cracking open an alcoholic beverage. “If I have to get up early, and I think ‘Oh, I should hold off on drinking,’ then I go … Read more

Ubisoft CEO says still open to other partners after Tencent deal

Yves Guillemot, CEO of Ubisoft, speaks on stage during the Ubisoft E3 conference at the Orpheum theater in Los Angeles, California June 15, 2015. REUTERS / Mario Anzuoni Register now for FREE unlimited access to Reuters.com Register ‘We can do whatever we want,’ founder CEO says Ubisoft to create three mobile games with Netflix Tencent … Read more

Prince Harry, Meghan join William and Kate on Windsor walkabout

Register now for FREE unlimited access to Reuters.com Register WINDSOR, Sept 10 (Reuters) – Prince Harry and his wife Meghan joined William and wife Kate on a walkabout among crowds near Windsor Castle on Saturday following the death of their grandmother Queen Elizabeth, raising the prospect of a rapprochement between the brothers. The two sons … Read more

Apple unveils iPhone 14 with emergency satellite messaging, Ultra Watch

Register now for FREE unlimited access to Reuters.com Register Sept 7 (Reuters) – Apple Inc (AAPL.O) introduced new iPhone 14 models capable of using satellites to send emergency messages and an adventure-focused Ultra Watch for sports like diving and triathlons. The sports and outdoor-focused products will test whether Apple’s relatively affluent customer base will keep … Read more

Wall Street ends busy post-summer session in the red

Register now for FREE unlimited access to Reuters.com Register ISM services sector data beats estimates Bed Bath & Beyond shares sink after CFO’s death Wall St coming off three straight week of declines Dow down 0.55%, S&P 500 down 0.41%, Nasdaq down 0.74% NEW YORK, Sept 6 (Reuters) – Wall Street’s main indexes closed lower … Read more