12 December

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Facebook antitrust cases assigned to U.S. judges named by Obama

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By David Shepardson WASHINGTON (Reuters) -Lawsuits filed against Facebook Inc (NASDAQ:FB) by the U.S. Federal Trade Commission and nearly every U.S. state on Wednesday were assigned to two U.S. judges in Washington appointed by former President Barack Obama, federal court records released Friday show. The antitrust complaint from 46 states, the District of Columbia and Guam was assigned to...

12 December

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Wall Street Opens Lower on Stimulus, Brexit Concerns; Dow Down 130 Pts

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By Geoffrey Smith Investing.com -- U.S. stock markets opened mostly lower on Friday, on course for their first weekly loss in nearly a month, although the two blowout IPOs of the week were both holding on to the lion's share of their spectacular gains. By 9:35 AM ET (1435 GMT), the Dow Jones Industrial Average was down 130 points, or 0.4% at 29,870...

12 December

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Disney Rides High on Streaming Outlook, Star Wars & Marvel

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By Christiana Sciaudone Investing.com -- Walt Disney Company (NYSE:DIS) popped nearly 12%, to its highest price ever, after announcing a slew of new series and movies, including favorites Star Wars and Marvel. Disney+, the company's streaming service, is outdoing itself, with almost 87 million subscribers. Disney said last year it expected the platform to reach between 60 million and...

12 December

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UK aims to regulate social media firms over content removal – The Times

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(Reuters) - The British government will announce plans for a new law next week under which social media companies will have a duty to be impartial and be barred from "arbitrarily" removing comments because they are controversial, The Times newspaper reported. UK ministers will announce plans on Tuesday for a statutory duty of care, which will be enforced by Ofcom, the broadcasting...

12 December

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Thyssenkrupp no longer eying state aid via emergency fund – CFO

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FRANKFURT (Reuters) - Thyssenkrupp (DE:TKAG) is no longer pursuing aid for its struggling steel division via an equity injection by Germany's economic stabilisation fund, the conglomerate's finance chief told Rheinische Post in an interview. The WSF fund set up by the government to bail out stricken groups in the wake of the pandemic is "not the proper instrument" to support the unit...

12 December

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French insurer Macif steps up efforts to buy Aviva’s French arm – sources

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By Pamela Barbaglia and Gwénaëlle Barzic LONDON/PARIS (Reuters) - French insurer Groupe Macif has stepped up efforts to buy Aviva (LON:AV)'s French arm in a deal worth about 3 billion euros after an Allianz-led consortium bowed out amid firm resistance from French unions and local partners, sources told Reuters. Groupe Macif has hired Credit Suisse (SIX:CSGN) and Lazard...

12 December

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Dow Ends Higher but Snaps 3-Week Win Streak as Wait for Stimulus Drags

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By Yasin Ebrahim Investing.com – The Dow snapped a three-week winning streak despite eking a win Friday as investors continued to mull the prospect of a stimulus deal before year-end after the Senate passed a veto-proof one-week spending bill, buying more time to break the stalemate on Capitol Hill. The Dow Jones Industrial Average rose 0.09%, or 28 points. The S&P 500...

11 December

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Prince William and family thank key workers at Christmas pantomime

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LONDON (Reuters) - Britain's Prince William and wife Kate took their three young children to a special pantomime performance on Friday to meet and thank health workers, delivery drivers and volunteers for their efforts during the pandemic. William, second in line to the British throne, delivered a short speech to thank the workers...

11 December

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Dow Cuts Losses as Senate Passes 1-Week Funding Bill to Keep Stimulus Hopes Alive

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By Yasin Ebrahim Investing.com – The Dow cut its losses on Friday, as slim hopes for a stimulus deal before year-end was kept alive after the Senate passed a one-week spending bill, buying more time to break the stalemate on Capitol Hill. The Dow Jones Industrial Average fell 0.04%, or 11 points. The S&P 500 was down 0.45%, while the Nasdaq Composite...

11 December

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Canada shares lower at close of trade; S&P/TSX Composite down 0.42%

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Investing.com – Canada equities were lower at the close on Friday, as losses in the Healthcare, Consumer Discretionary and IT sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite declined 0.42%. The biggest gainers of the session on the S&P/TSX Composite were Transcontinental Inc (TSX:TCLa), which rose 9.10% or 1.84 points to trade at 22.07 at...

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Facebook antitrust cases assigned to U.S. judges named by Obama

Wall Street Opens Lower on Stimulus, Brexit Concerns; Dow Down 130 Pts

Disney Rides High on Streaming Outlook, Star Wars & Marvel

UK aims to regulate social media firms over content removal – The Times

Thyssenkrupp no longer eying state aid via emergency fund – CFO

French insurer Macif steps up efforts to buy Aviva’s French arm – sources

Dow Ends Higher but Snaps 3-Week Win Streak as Wait for Stimulus Drags

Prince William and family thank key workers at Christmas pantomime

Dow Cuts Losses as Senate Passes 1-Week Funding Bill to Keep Stimulus Hopes Alive

Canada shares lower at close of trade; S&P/TSX Composite down 0.42%

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