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Amazon to protest Microsoft's Pentagon cloud award: WSJ

Amazon.com Inc will protest a recent cloud computing contract award given to Microsoft Corp by the Pentagon, The Wall Street Journal reported on Thursday.

Source: Reuters: Business News | 15 Nov 2019 | 11:30 am(NZT)

Montana lawmakers seek more time for Keystone XL public, tribal input

Montana lawmakers representing Native American tribal members called on the state's congressional delegation and the U.S. State Department on Thursday to extend the public comment period for the environmental review of the Keystone XL pipeline, saying tribes were not properly consulted.

Source: Reuters: Business News | 15 Nov 2019 | 11:23 am(NZT)

Google antitrust probe to expand into Android: CNBC

The several dozen attorneys general investigating advertising practices at Alphabet Inc's Google are planning to expand their antitrust probe into the unit's flagship Android business, CNBC reported on Thursday, citing people familiar with the matter.

Source: Reuters: Business News | 15 Nov 2019 | 11:09 am(NZT)

General election 2019: Labour pledges free broadband for all

Labour would part-nationalise BT to deliver the policy and tax tech giants to help cover the £20bn cost.

Source: BBC News - Business | 15 Nov 2019 | 11:00 am(NZT)

Visa discloses FTC probe on debit transactions

Visa Inc on Thursday said the Federal Trade Commision (FTC) has initiated an inquiry into whether the payments processor's actions prohibited merchants from using other debit payment networks.

Source: Reuters: Business News | 15 Nov 2019 | 10:59 am(NZT)



'Boeing was at my father's funeral and I was not'

Few victims' families were able to attend the covering over of the Ethiopian Airlines crash site.

Source: BBC News - Business | 15 Nov 2019 | 10:41 am(NZT)

Boeing brings back humans after automation problems on 777 assembly

Boeing Co has scaled back use of automation to make fuselage sections for its 777 jetliners amid reports of reliability issues and returned to having mechanics do some of the work, the planemaker said on Thursday.

Source: Reuters: Business News | 15 Nov 2019 | 10:37 am(NZT)

Stocks, yields slip as investor sentiment wavers

World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third quarter, adding to concerns about the U.S.-China trade war's impact on global growth.

Source: Reuters: Business News | 15 Nov 2019 | 10:36 am(NZT)

WeWork bond drops, spread hits a record on report of delayed share tender

WeWork's junk bond price dropped and its risk premium shot to a record high on Thursday following a report that its main backer had yet to deliver on a plan to buy $3 billion of stock from existing shareholders.

Source: Reuters: Business News | 15 Nov 2019 | 10:31 am(NZT)

S&P 500 notches record, shakes off Cisco's gloomy outlook

The benchmark S&P 500 stock index posted a slim gain to end with a record closing high on Thursday, as a dour forecast from tech stalwart Cisco Systems was offset by a strong report from big box retailer Walmart.

Source: Reuters: Business News | 15 Nov 2019 | 10:27 am(NZT)



U.S. charges two former Herbalife executives in China over bribery scheme: source

U.S. prosecutors criminally charged two former executives of Herbalife Nutrition Ltd's Chinese unit with running a decade-long scheme to bribe Chinese government officials to win business and evade regulatory scrutiny, a person familiar with the matter said.

Source: Reuters: Business News | 15 Nov 2019 | 10:24 am(NZT)

Huawei, ZTE 'cannot be trusted' and pose security threat: U.S. attorney general

Huawei Technologies Co and ZTE Corp "cannot be trusted," U.S. Attorney General William Barr said, labeling the Chinese firms a security threat as he backed a proposal to bar U.S. rural wireless carriers from tapping an $8.5 billion government fund to purchase equipment or services from them.

Source: Reuters: Business News | 15 Nov 2019 | 10:18 am(NZT)

European Investment Bank drops fossil fuel funding

The world's largest public bank is to stop backing oil, gas and coal projects at the end of 2021.

Source: BBC News - Business | 15 Nov 2019 | 9:51 am(NZT)

Ford uses Mustang name, hoping new electric SUV will zap Tesla

Ford Motor Co will tag its new electric sport utility vehicle (SUV) with the Mustang name, the automaker said on Thursday, seeking to entice customers into a new era by linking it to the model whose groundbreaking design in the 1960s combined sportiness and affordability.

Source: Reuters: Business News | 15 Nov 2019 | 9:41 am(NZT)

PayPal halts payment support to PornHub models

PayPal Holdings Inc said on Thursday it had stopped payment support to PornHub's models after it found the adult entertainment website made certain payments without the permission of the payment processor.

Source: Reuters: Business News | 15 Nov 2019 | 9:35 am(NZT)

Australia and others ask for Brexit trade compensation

A number World Trade Organization countries have asked for compensation over Brexit disruption.

Source: BBC News - Business | 15 Nov 2019 | 8:50 am(NZT)

Argos recalls Cuggl baby gates over safety fears

Argos has asked customers to bring back the Cuggl gates for a refund after tests showed problems.

Source: BBC News - Business | 15 Nov 2019 | 6:19 am(NZT)

'Cryptoqueen' brother admits role in OneCoin fraud

Konstantin Ignatov, brother of Dr Ruja Ignatova, pleads guilty to money laundering and fraud.

Source: BBC News - Business | 15 Nov 2019 | 3:29 am(NZT)



Social-media influencers: Incomes soar amid growing popularity

A post worth just £104 in 2014 is now banking £1,276 a report suggests.

Source: BBC News - Business | 15 Nov 2019 | 3:28 am(NZT)

Mercedes-Benz to cut jobs amid tougher emissions rules

Reports suggest more than 1,000 jobs will be shed as the carmaker invests more in electric cars.

Source: BBC News - Business | 15 Nov 2019 | 2:02 am(NZT)

Nike to stop direct sales through Amazon

The sportswear firm ends its link with the e-commerce giant to focus on selling directly to consumers.

Source: BBC News - Business | 15 Nov 2019 | 1:36 am(NZT)

Germany narrowly avoids recession despite trade war hit

The country narrowly avoids recession as it struggles with trade conflicts around the world.

Source: BBC News - Business | 15 Nov 2019 | 1:07 am(NZT)

Hong Kong protests hit Burberry and Cathay Pacific

The fashion house's sales fell in Hong Kong while the airline said the civil unrest had hit demand.

Source: BBC News - Business | 14 Nov 2019 | 11:23 pm(NZT)

Women should be able to see male colleagues’ pay, says charity

Transparency law would help address unequal pay between men and women, says the Fawcett Society charity.

Source: BBC News - Business | 14 Nov 2019 | 8:50 pm(NZT)

F.C.C. Chairman Recommends Approval of $26 Billion T-Mobile-Sprint Merger

Ajit Pai said the companies had won his support by making what he called “significant commitments” to expand rural broadband service, build a robust 5G network and sell off Boost Mobile.

Source: NYT > Business | 21 May 2019 | 2:19 am(NZT)

Google Restricts Huawei’s Access to Android After Trump Order

The move could hamstring the Chinese tech giant if it prevents the firm’s customers from getting the latest versions of services such as Maps and Gmail.

Source: NYT > Business | 21 May 2019 | 1:50 am(NZT)

‘They Were Conned’: How Reckless Loans Devastated a Generation of Taxi Drivers

Thousands of immigrants who were chasing the dream of owning a New York taxi were trapped in reckless loans by bankers who made huge profits, The Times found.

Source: NYT > Business | 21 May 2019 | 1:19 am(NZT)

As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.

Source: NYT > Business | 21 May 2019 | 1:19 am(NZT)

Mediator: Kissing Babies, Loving Scrapple, Fighting Viral Hoaxes: ’20 Race’s New Routine

When it comes to disinformation, all signs suggest the 2020 presidential campaign will make 2016 look like a mere test run, our columnist writes.

Source: NYT > Business | 21 May 2019 | 12:37 am(NZT)

DealBook Briefing: Tech’s Cold War Just Started

Google, Qualcomm and Broadcom are among the companies that have reportedly frozen their supply of components and software to Huawei.

Source: NYT > Business | 20 May 2019 | 11:05 pm(NZT)

Deutsche Bank Staff Saw Suspicious Activity in Trump and Kushner Accounts

Anti-money-laundering specialists proposed filing “suspicious activity reports” about transactions connected to President Trump and Jared Kushner. Bank managers said no.

Source: NYT > Business | 20 May 2019 | 9:56 pm(NZT)

Whitney Houston’s Estate Plans a Hologram Tour and a New Album

The family of the singing star, who died seven years ago, has reached a deal with the marketing company behind the posthumous resurgence of Bob Marley.

Source: NYT > Business | 20 May 2019 | 9:00 pm(NZT)

Amazon Faces Investor Pressure Over Facial Recognition

Shareholders are voting on whether to push the tech giant to examine the human rights and financial risks of the surveillance technology.

Source: NYT > Business | 20 May 2019 | 9:00 pm(NZT)

In a Surprise, Japan’s Economy Grew in the First Quarter, Despite a Slowdown in China

But the strong figure masks lingering weakness, giving Prime Minister Shinzo Abe a mixed bag as he tries to strike a trade deal with the U.S.

Source: NYT > Business | 20 May 2019 | 5:53 pm(NZT)

Rain Much on Your Vacation? One Italian Island Offers Hotel Refunds

Tourists who visit Elba, off the coast of Tuscany, get one night back for every day during which it rains for more than two hours at a time.

Source: NYT > Business | 20 May 2019 | 4:18 pm(NZT)

TripAdvisor Modified Its Approach to Reviews and Sexual Assault. Did It Go Far Enough?

A woman assaulted by a tour guide says the company’s policies discourage reporting and keep travelers from finding out the truth.

Source: NYT > Business | 20 May 2019 | 3:36 pm(NZT)

















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