Reuters Companies
Thu, 18 Jun 2020 13:38:49 -0400Tesla wants to start building a new U.S. vehicle plant this summer
Electric vehicle maker Tesla
Inc wants to start building a new and large vehicle
assembly plant in the southwestern United States as early as the
third quarter of this year, the company told Texas officials in
documents made public this week.
Thu, 18 Jun 2020 13:38:19 -0400UPDATE 2-U.S. House panel hears from Facebook, Google, Twitter on election security
Top officials from Facebook, Google and
Twitter were grilled by U.S. lawmakers on Thursday at a virtual
hearing on foreign influence and election security ahead of the
Nov. 3 presidential contest.
Thu, 18 Jun 2020 13:31:46 -0400US STOCKS-S&P 500 muted as virus cases rise, jobless claims weigh
* Indexes mixed: Dow dips 0.25%, S&P flat, Nasdaq up 0.17%
(Updates to early afternoon)
Thu, 18 Jun 2020 13:21:02 -0400Corporate Canada joins travel industry's push to ease COVID-19 air curbs
A group of 27 leading executives added
to calls for Canada to ease coronavirus-led air restrictions in
a letter published in the country's Globe and Mail newspaper on
Thursday.
Thu, 18 Jun 2020 13:18:51 -0400UPDATE 2-Robinhood trading app experiences outage, back online
Robinhood Markets Inc, the
fintech startup credited with helping popularize trading with
millennials, said on Thursday it experienced a major trading
outage and that while its systems were back online, it was still
working to resolve the problem.
Thu, 18 Jun 2020 13:17:01 -0400UPDATE 5-UK ditches homegrown COVID-19 tracing app to use Google-Apple model
* Trial of app showed inaccuracies on Apple's iPhone
(Updates with quotes from news conference)
Thu, 18 Jun 2020 13:08:29 -0400LATAM Airlines says operations to plunge 50% by year´s end
LATAM Airlines Chief Executive
Roberto Alvo said on Thursday he expects the region´s largest
carrier to be operating at half of pre-pandemic levels by the
end of 2020, and that a full recovery was unlikely for at least
3-4 years.
Thu, 18 Jun 2020 13:05:56 -0400Ford's redesigned F-150 pickup will offer greater connectivity, sleeper seat
Ford Motor Co next week
will show the next generation of its brawny F-150 pickup truck
that offers a new sleeper-seat feature and over-the-air software
updates in a machine Ford is counting on to help pay off
coronavirus-related debts.
Thu, 18 Jun 2020 13:02:46 -0400REFILE-UPDATE 2-Chanel warns virus impact will linger on luxury sector
The luxury industry will
feel the fallout from the coronavirus crisis for the next two
years if not longer, Chanel's chief financial officer said on
Thursday, warning the French fashion label's 2020 revenues and
profit would be significantly hit.
Thu, 18 Jun 2020 12:41:20 -0400France's top court rejects core of law targeting online hate speech
France's top court rejected most
of a draft law that would have compelled social media giants
such as Facebook and Twitter to remove any
hateful content within 24 hours, it said on Thursday.
Thu, 18 Jun 2020 12:39:35 -0400U.S. House panel hears from Facebook, Google, Twitter on election security
Top officials from Facebook Inc,
Alphabet Inc's Google and Twitter Inc
appeared remotely before U.S. lawmakers on Thursday at a virtual
hearing on foreign influence and election security.
Thu, 18 Jun 2020 12:24:52 -0400Portugal pushes ahead with plans for state-owned development bank
Portugal's government approved
on Thursday plans to create a state-owned development bank to
channel funds into certain companies and sectors to bolster the
economy.
Thu, 18 Jun 2020 12:16:33 -0400Robinhood says experiencing major trading outage
Robinhood Markets Inc, the
fintech startup credited with helping popularize trading with
millennials, said on Thursday it was experiencing a "major
outage" in equities and options trading, as well as "degraded
performance" in cryptocurrency trading.
...
Thu, 18 Jun 2020 12:09:42 -0400UPDATE 1-Facebook sues individuals for offering to extract data, gather likes
Facebook Inc said on Thursday it
filed lawsuits against individuals in Europe and the United
States for abusing its platforms to offer automated tools for
scraping users' personal data and gathering likes.
Thu, 18 Jun 2020 12:09:13 -0400UPDATE 2-European shares end lower on second wave concerns
* Zalando jumps as pandemic boosts online shopping
(Adds comments; updates prices to closes)
Thu, 18 Jun 2020 12:01:30 -0400UPDATE 2-Kroger says demand easing after coronavirus stockpiling
U.S. supermarket chain Kroger Co
stopped short of raising its annual forecasts on Thursday,
saying a coronavirus-driven surge in demand for essential goods
was fading as American households reconsider what they have on
their shelves.
Thu, 18 Jun 2020 12:00:00 -0400Startup led by ex-Goldman Sachs HR chief launches diversity and inclusion index
Eskalera, a technology startup
led by Goldman Sachs former human resources head Dane Holmes,
has launched an index to measure corporate diversity and
inclusiveness, the firm said on Thursday.
Thu, 18 Jun 2020 11:55:18 -0400US STOCKS-S&P 500, Dow muted as virus cases rise, jobless claims weigh
* Indexes: Dow flat, S&P up 0.16%, Nasdaq rises 0.47%
(Adds quote, details; updates prices)
Thu, 18 Jun 2020 11:49:17 -0400Bombardier CEO says rail deal with Alstom remains on track
Bombardier's chief
executive told shareholders at its annual general meeting on
Thursday that a deal to sell its rail division to France's
Alstom SA remains "pretty much on track to our
original timeline."
Thu, 18 Jun 2020 11:40:14 -0400Development banks double down on Latin America as bank loans slump
NEW YORK, June 18 (LPC) - Global development banks are
mobilizing billions of US dollars in capital to fund initiatives
in Latin America as commercial bank lending slumps throughout
the region, which is grappling with a spike in coronavirus cases
and...