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

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

Explainer: Understanding Ethereum’s major ‘Merge’ upgrade

A representations of cryptocurrency Ethereum is seen in front of a stock graph and US dollar in this illustration taken, January 24, 2022. REUTERS / Dado Ruvic / Illustration / File Photo Register now for FREE unlimited access to Reuters.com Register Sept 9 (Reuters) – Ethereum, the blockchain that underpins the world’s second-largest crypto token … Read more

Wall Street reaches four-week highs as bond yields drop

Register now for FREE unlimited access to Reuters.com Register Energy stocks follow drop in oil Fed’s Beige Book said price pressures still persistent Fed Chair Powell to speak Thursday Dow up 1.4%, S&P 500 up 1.84%, Nasdaq up 2.14% Sept 7 (Reuters) – US stock indexes climbed the most in roughly a month as bond … 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

China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft

Register now for FREE unlimited access to Reuters.com Register PARIS / HONG KONG Sept 7 (Reuters) – Tencent Holdings Ltd (0700.HK) is raising its stake in Ubisoft Entertainment SA (UBIP.PA) in a deal that values ​​France’s biggest games developer at almost $ 10 billion, as deep-pocketed Chinese firms continue their overseas search for growth. Interest … 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

Arm sues Qualcomm, aiming to unwind Qualcomm’s $ 1.4 bln Nuvia purchase

Qualcomm logo is during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS / Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, Aug 31 (Reuters) – Chip technology firm Arm Ltd, which is owned by Softbank Group Corp (9984.T), on Wednesday said it had sued Qualcomm … Read more