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US and States Say Facebook Illegally Crushed Competition WASHINGTON — The Federal Trade Commission and more than 40 states accused Facebook on Wednesday of becoming a social media monopoly by buying up its rivals to illegally squash competition, and said the deals that turned the social network into a ...
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Dollar slips as vaccine optimism saps haven demand; sterling on edge TOKYO/SINGAPORE (Reuters) - The dollar slipped in Asia on Wednesday as signs of progress in beating back the COVID-19 pandemic sapped demand for the safest assets, while the pound was on tenterhooks ahead of a leaders meeting to try and salvage ...
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US, states sue Facebook as an illegal monopoly, setting stage for potential breakup The U.S. government and 48 attorneys general filed landmark antitrust lawsuits against Facebook on Wednesday, seeking to break up the social-networking giant over charges it engaged in illegal, anti-competitive tactics to buy, bully and kill its rivals.
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Facebook must be broken up, the US government says in a groundbreaking lawsuit (CNN Business) Dozens of states and the federal government sued Facebook (FB) on Wednesday in twin antitrust lawsuits, alleging that the social media giant has abused its dominance in the digital marketplace and engaged in anticompetitive behavior.
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Britain's Ports Are Jammed, and Brexit Is Around Corner LONDON — With just 23 days until Britain's exit from the European Union truly begins, the country got a taste of the havoc that trade disruption could bring. Honda shut down production on Wednesday at its biggest plant in Europe, where more than 3,000 ...
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Dutch prosecutors to investigate UBS chief over ING money laundering case ZURICH/AMSTERDAM (Reuters) -A Dutch court on Wednesday ordered a criminal investigation into the role UBS Chief Executive Ralph Hamers played in ING Group's failure to crack down on money laundering when he was head of the Dutch bank.
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DE Shaw Is Said to Push Exxon Mobil to Cut Spending, Costs Activist investor has increased Exxon stake since September · New York-based firm outlined concerns in a letter sent Tuesday ...
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How To Invest In ETFs Exchange traded funds (ETFs) are an easy, inexpensive way to add diversification to your investment portfolio. First introduced back in 1993, ETFs now hold more than $4.4 trillion in the U.S. market alone. Here are five easy steps to help you get started ...
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What to watch today: Dow set to add to Tuesday's record close The Dow was set to open higher Wednesday, one day after the 30-stock average closed at a record high. The S&P 500 and Nasdaq on Tuesday also closed at records on optimism around Pfizer's vaccine rollout in the U.K. and coronavirus stimulus talks in ...
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Dutch prosecutors to investigate UBS chief over ING money laundering case ZURICH/AMSTERDAM (Reuters) - A Dutch court on Wednesday ordered a criminal investigation into the role UBS Chief Executive Ralph Hamers played in ING Group's failure to crack down on money laundering when he was head of the Dutch bank.
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