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World shares mixed as markets mull latest Fed statement
HONG KONG (AP) — World stocks shares were mixed Thursday as investors digested the latest statements from the Fed, which plans to raise rates again this year, and the Bank of Japan, which signaled it won't tighten anytime soon.KEEPING SCORE: European shares rose in early trading. France's CAC 40 added 0.4 percent to 5,262.35 and Germany's DAX climbed 0.2 percent to 12,590.05. Britain's FTSE 100 edged up 0.1 percent to 7,279.01. Wall Street was poised to open lower. Dow futures slipped 0.1 percent to 22,361.00 and broader S&P 500 futures dipped 0.1 percent to 2,502.90.
Ryanair CEO to face shareholders amid cancellations trouble
LONDON (AP) — Ryanair CEO Michael O'Leary will face shareholders at the company's annual general meeting amid a pilot shortage that has forced the budget airline to cancel hundreds of flights.Thursday's meeting comes amid reports that flight captains and first officers have rejected Ryanair's offer of bonus payments in exchange for making commitments to the airline. The airline says it will cancel as many as 50 flights a day for six weeks because it "messed up" when scheduling crew holidays.
The Irish Air Line Pilots' Association said 140 Ryanair pilots left for... Read More
SEC reveals 2016 hack that breached its filing system
NEW YORK (AP) — The Securities and Exchange Commission said Wednesday that a cyber breach of a filing system it uses may have provided the basis for some illegal trading in 2016.In a statement posted on the SEC's website, Chairman Jay Clayton said a review of the agency's cybersecurity risk profile determined that the previously detected "incident" was caused by "a software vulnerability" in its EDGAR filing system.
The statement said the software was patched quickly after the hack was uncovered in 2016, although the possibility that some may have used it to make... Read More
Mueller investigators seek documents from the White House
WASHINGTON (AP) — Special counsel Robert Mueller's team of investigators is seeking information from the White House related to Michael Flynn's stint as national security adviser and about the response to a meeting with a Russian lawyer that was attended by President Donald Trump's oldest son, The Associated Press has learned.Mueller's office has requested a large batch of documents from the White House and is expected to interview at least a half-dozen current and former aides in the coming weeks. Lawyers for the White House are in the process of trying to cooperate with... Read More
Google buys HTC's Pixel team in $1.1B bet on devices
SAN FRANCISCO (AP) — Google is biting off a big piece of device manufacturer HTC for $1.1 billion to expand its efforts to build phones, speakers and other gadgets equipped with its arsenal of digital services.It's buying the HTC engineering team that built the Pixel smartphone for Google in a cash deal, the companies said in a joint statement Thursday. Google is also getting a non-exclusive license for Taiwan-based HTC's intellectual property to help support Pixel phones.
The deal underscores how serious Google is becoming about designing its own family of... Read More
Top Stories in Business/Finance
- Standard & Poor's cuts China credit rating, citing debt
- World shares mixed as markets mull latest Fed statement
- Ryanair CEO to face shareholders amid cancellations trouble
- SEC reveals 2016 hack that breached its filing system
- Mueller investigators seek documents from the White House
- Google buys HTC's Pixel team in $1.1B bet on devices
- Republicans see political necessity in health care effort
- Japanese video gaming adapting new tech for familiar titles
- Prospects for air traffic control privatization appear slim
- Asian shares weaken, dollar up after Fed's latest statement
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