American stocks rose to record levels on Thursday as lawmakers closed deals to extend a new financial lifeline for businesses and individuals who could support the economy through the most devastating phase of the coronavirus epidemic. In early trading all three major stock benchmarks hit hit highs intraday. The Dow …
Read More »China will pay 180 180 million in coffee to settle accounting-fraud claims
But coffee Inc. LKNCY 1.63% Has agreed to pay 180 180 million to end regulatory claims, which has made its books to make growth look stronger and meet earnings targets. Announcing the fines to the Securities and Exchange Commission on Wednesday, the Chinese company revealed that some of its executives …
Read More »Tech giants in Europe face new rules, backed by huge fines
European officials want new powers to oversee the internal affairs of large tech companies such as Facebook Inc., FB -0.55% The multibillion-dollar leer is backed by threats of fines as they seek to expand their role as global tech implementers. The European Union’s executive branch on Tuesday proposed two bills …
Read More »Is Google down? Gmail, YouTube suffers
More than a dozen Google services, including Gmail and YouTube, flew offline in the world’s beds on Monday morning, blocking access for individuals and businesses. Alphabet Inc. Google -0.13% According to users’ social-media posts, the company’s services showed errors when users tried to sign in, trying to access their emails …
Read More »U.S. Stock futures rise on stimulus hops, vaccine rollout
U.S. Stock futures on Monday rose above optimism that talk of additional monetary stimulus is in progress and that the rollout of the Covid-19 vaccine could help stem the tide. Futures linked to the S&P 500 rose 0.7%, indicating that the broad-market index could reach a higher level after New …
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