WASHINGTON (Reuters) - Republican leaders in the U.S. House of Representatives are working to build support to temporarily extend the National Security Agency’s expiring internet surveillance program by tucking it into a stop-gap funding measure, lawmakers said. The month-long extension of the...
(Reuters) - Several U.S. employers engaged in age discrimination by placing recruitment ads on Facebook targeting younger workers, according to a lawsuit filed on Wednesday by a communications industry labor union. Companies including T-Mobile US Inc, Amazon.com Inc and Cox Communications Inc impose...
WASHINGTON (Reuters) - Republican leaders in the U.S. House of Representatives are working to build support to temporarily extend the National Security Agency’s expiring internet surveillance program by tucking it into a stop-gap funding measure, lawmakers said. The month-long extension of the...
(Reuters) - The U.S. Republican tax overhaul passed by Congress this week will allow Apple Inc to bring back its $252.3 billion foreign cash pile without a major tax hit - a long-standing company goal. Other provisions of the bill, namely the cut in the corporate tax rate from 35 percent to 21 perce...
(Reuters) - Twitter Inc is turning its spotlight onto a new demographic in its bid to lure more advertising dollars to its social media platform: deep-pocketed business users. The microblogging service has 330 million monthly active users but has struggled to turn its popularity into profit, losing ...
LONDON (Reuters) - Bank of England Governor Mark Carney sees "fundamental problems" with the idea of a digital currency issued by a central bank that could be used by the general public.
WASHINGTON (Reuters) - A U.S. banking regulator said on Wednesday that bitcoin does not currently pose a threat to the country’s banking system and that there is “space” for innovative financial technology firms to operate in the traditional lending business. The marketplace is wat...
SAN FRANCISCO (Reuters) - The biggest overhaul of the U.S. tax system in more than 30 years, set to win final approval by lawmakers on Wednesday, may add fuel to a rally in technology stocks that has powered Wall Street to record highs this year. A lower corporate tax rate across the board and a one...
RIYADH (Reuters) - The head of Saudi Arabia's Public Investment Fund, its top sovereign wealth fund, said on Wednesday that the outlook for ride-hailing firm Uber [UBER.UL] was positive and the company's revenues had doubled since the PIF invested in it.
(Reuters) - Uber Technologies Inc [UBER.UL] on Wednesday named a former Orbitz executive to be chief operating officer as the ride-sharing service looks to fill key positions to help take the company public. It is Chief Executive Officer Dara Khosrowshahi’s second significant hire after genera...
WASHINGTON (Reuters) - Bitcoin currently does not pose a threat to the stability of the U.S. banking system because lenders have mostly steered clear of taking positions in the virtual currency, a top U.S. banking regulator said on Wednesday. Speaking during his first formal press briefing since bei...
LONDON (Reuters) - Nearly a third of Uber’s 50,000 drivers in Britain are logged into the app for more than 40 hours a week, whilst just under 8 percent are online for more than 60 hours, the company said in a letter to parliamentarians published on Wednesday. The app has been attacked by trad...
(Reuters) - Major cryptocurrency exchange Coinbase said on Wednesday it will investigate accusations of insider trading, following a sharp increase in the price of bitcoin cash hours before it announced support for the virtual currency. Bitcoin cash, a clone of bitcoin, jumped to $8,500 on Coinbase&...
CHICAGO/NEW YORK (Reuters) - More U.S. online shoppers plan to give Amazon.com Inc (AMZN.O) the bulk of their holiday business this year than in previous years, according to a Reuters/Ipsos opinion poll, despite costly efforts by traditional retailers to attract customers to their websites. The onli...
LUXEMBOURG (Reuters) - Uber [UBER.UL] should be classified as a transport service and regulated like other taxi operators, the European Union’s top court said in a landmark ruling on Wednesday that could impact other online businesses in Europe. Uber, which allows passengers to summon a ride t...
MUMBAI (Reuters) - India’s capital market regulator is talking with the government and central bank about how to regulate cryptocurrencies, its chairman said on Wednesday. The Securities and Exchange Board of India (SEBI), plus officials from the Ministry of Finance, Ministry of Electronics an...
LUXEMBOURG (Reuters) - Ride-hailing app Uber provides a transport service and can be regulated like traditional taxis, the European Union’s top court said on Wednesday in a landmark ruling that will determine the rules Uber and peers have to respect in Europe. “The service provided by Ub...
TOKYO (Reuters) - Sony Corp is poised to report its highest-ever profit this year on strong sales of image sensors after years of losing ground in consumer electronics and hopes to develop the technology for use in robotics and self-driving cars as competition heats up. The results will mark a signi...
SEOUL (Reuters) - Samsung Electronics Co Ltd said on Wednesday it has developed the world’s smallest DRAM chip, widening its technical lead on competitors as it tracks toward a record operating profit in 2017 driven by the semiconductor business. The “second-generation” 10-nanometr...
BERLIN (Reuters) - European aviation safety authorities have urged airlines to remind passengers about how best to transport electronic devices containing lithium ion batteries over the busy Christmas travel period. Lithium ion batteries, found in devices such as laptops, mobile phones, tablets, and...
