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Reuters: Business News is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial in


Uber paid hackers to cover up massive data breach

Wed, 22 Nov 2017 00:52:25 -0500

(Reuters) - Uber Technologies Inc [UBER.UL] paid hackers $100,000 to keep secret a massive breach last year that exposed the personal information of about 57 million accounts of the ride-service provider, the company said on Tuesday.(image)

FCC chief plans to ditch U.S. 'net neutrality' rules

Tue, 21 Nov 2017 19:27:32 -0500

WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission unveiled plans on Tuesday to repeal landmark 2015 rules that prohibited internet service providers from impeding consumer access to web content in a move that promises to recast the digital landscape.(image)

Stocks rally on boost from strong global growth, earnings

Wed, 22 Nov 2017 01:39:52 -0500

SYDNEY (Reuters) - Asian shares joined a global rally to reach their highest in a decade on Wednesday as strong world growth and rising corporate profits lured hordes of investors into equities, while oil prices jumped closer to a recent 2-1/2 year top.(image)

Apple scientists disclose self-driving car research

Tue, 21 Nov 2017 21:37:36 -0500

(Reuters) - Research by Apple Inc computer scientists on how self-driving cars can better spot cyclists and pedestrians while using fewer sensors has been posted online, in what appears to be the company's first publicly disclosed paper on autonomous vehicles.(image)

Microsoft's Skype pulled from Apple, Android China app stores

Tue, 21 Nov 2017 22:41:26 -0500

BEIJING (Reuters) - Skype, Microsoft Corp's internet phone call and messaging service, has disappeared from app stores in China including that of Apple Inc , indicating the latest setback for a foreign tech service in the country.(image)

Trump says AT&T plan to buy Time Warner 'not a good deal'

Tue, 21 Nov 2017 17:04:13 -0500

(Reuters) - U.S. President Donald Trump on Tuesday stood by his criticism of pay TV and wireless company AT&T's deal to buy movie and TV show maker Time Warner Inc, which the Justice Department has sued to stop.(image)

NAFTA talks hit wall as Mexico, Canada push back on U.S. demands

Tue, 21 Nov 2017 20:55:12 -0500

MEXICO CITY (Reuters) - The United States, Mexico and Canada failed to resolve any major differences in a fifth round of talks to rework the NAFTA trade deal, drawing a swift complaint from the Trump administration on Tuesday that the lack of progress could doom the process.(image)

Meg Whitman stepping down as HP Enterprise CEO

Tue, 21 Nov 2017 21:02:26 -0500

(Reuters) - Meg Whitman on Tuesday announced that she will step down as chief executive of Hewlett Packard Enterprise Co , ending a 6-year tenure that included overseeing one of the biggest corporate breakups in history.(image)

Disney-Pixar animation executive Lasseter takes leave after 'missteps': memo

Tue, 21 Nov 2017 17:40:14 -0500

(Reuters) - Walt Disney Co executive John Lasseter, who heads animation at both Disney and Pixar, told company staff on Tuesday he was taking a six-month leave of absence following what he called "missteps" including unwanted hugs that made employees uncomfortable, according to a memo seen by Reuters.(image)

'Very uncertain' Yellen still predicts U.S. inflation rebound

Tue, 21 Nov 2017 20:19:10 -0500

NEW YORK (Reuters) - Federal Reserve Chair Janet Yellen stuck by her prediction that U.S. inflation will soon rebound but offered on Tuesday an unusually strong caveat: she is "very uncertain" about this and is open to the possibility that prices could remain low for years to come.(image)