FTC to review Amazon deal for MGM, source says
The Federal Trade Commission, whose new chairwoman has been critical of Amazon.com, will review the company’s planned purchase of MGM, a source familiar with the matter said. Amazon said in …
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Extreme weather to push property insurance higher
Extreme weather events and shortage of labour and materials for repairs will push property insurance rates higher in the next several years, the chief executive of U.S. home insurer Hippo …
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Twitter opens applications to test new content subscription features
Twitter Inc said Tuesday it will seek applications from users who want to be the first to test new content subscription and ticketing features, as the social platform works to …
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Like ‘Terminator,’ high-tech cyber crime to ‘keep coming’
Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime – and the costly attacks are not going to stop, a top …
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Bitcoin steadies in Asia trading after Monday’s plunge
Bitcoin stabilised in Asian trading on Tuesday morning a day after a statement from China’s central bank reaffirming the ongoing crackdown on cryptocurrencies in the country sent the world’s largest …
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U.S. business borrowings jump 20% in May
U.S. companies borrowed $8.1 billion for capital investments in May, 20% higher than last year, the Equipment Leasing and Finance Association (ELFA) said, as an economic recovery fueled by rising …
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Krispy Kreme eyes near $4 bln valuation in U.S. IPO
Krispy Kreme Inc is targeting a valuation of nearly $4 billion in a U.S. initial public offering, according to a regulatory filing on Tuesday, as the donut chain aims a …
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