Facebook scandal could push other tech companies to tighten data sharing

By Paresh Dave SAN FRANCISCO, Mar 22 : Big internet companies and small software developers alike are likely to face scrutiny over how they share customer information in the wake of the scandal involving Facebook Inc and the British election consulting firm Cambridge Analytica. Lawmakers in the United States and the EU have called for […]

Automakers among sectors reeling over U.S. steel, aluminum tariffs

By Nick Carey and Arunima Banerjee Undated, Mar 2 : Shares of auto makers and other large steel and aluminum users in the United States tumbled on Thursday after President Donald Trump announced a plan to slap hefty tariffs on imports of the metals, which he said would protect U.S. industry. The announcement of tariffs […]

CEOs suggest Trump tax cut may lift investors more than jobs

By Mike Stone WASHINGTON, Oct 26 : U.S. President Donald Trump is selling tax reform to Americans on the promise it will create extra income for companies to invest in their businesses and create jobs. Some of the biggest companies have very different plans. U.S. corporations are saying they would use a tax reform windfall […]

Tropical Storm Harvey disrupts businesses, but some may benefit

By Dion Rabouin and Megan Davies Undated, Aug 27 : Tropical Storm Harvey is challenging a wide range of industries beyond energy, including insurers, home improvement retailers and automakers, but some sectors may benefit. The hurricane could weigh on energy stocks, be mixed for insurers and boost home improvement companies, analysts said on Sunday. Home […]

US companies decry Trump action on transgender student rights

By Daniel Trotta NEW YORK, Feb 24 : US companies led by tech firms Yahoo Inc, Apple Inc and Microsoft Corp criticized the Trump administration’s decision to revoke Obama administration guidance that allowed transgender public school students to use the bathroom of their choice. Their statements evoked the opposition expressed by many businesses last year […]

Japan Inc believes Abe, Trump don’t want to see excessive yen weakness – Reuters poll

By Tetsushi Kajimoto TOKYO, Jan 23 : Japanese companies believe that neither U.S. President Donald Trump nor Japan Prime Minister Shinzo Abe want to see the yen weaken significantly, a Reuters poll showed, a development they worry could spark an unwelcome political backlash. The Reuters Corporate Survey, conducted Jan. 4-17, also found that Japanese firms […]