modperl

News for nerds

Big Tech Stocks Flex Muscles Again After A Rough Winter

Big Tech stocks are flexing their enormous strength again, after getting knocked around a bit earlier this year. Apple, Microsoft, Amazon, Google’s parent company and Facebook all gave profit reports

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Seeking “driving seat” for EU, Breton to meet chipmaker execs

European industry chief Thierry Breton will hold discussions with the chief executive of chipmaker Intel and a top executive of Taiwanese competitor TMSC on April 30, as the EU seeks

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Wall Street sees long road ahead as Intel seeks to regain market share

Intel Corp’s shares fell 7% on Friday as Wall Street analysts raised concerns about how soon the chipmaker can close the gap with rivals as it spends billions of dollars

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Senior U.S. lawmaker warns against railroad industry consolidation

The chairman of the U.S. House of Representatives Transportation and Infrastructure Committee said on Friday the potential acquisition of the Kansas City Southern freight railroad should set off “alarm bells”

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Chile settles dispute with Albemarle over lithium reserves data

Chilean regulators have settled a high stakes dispute over reserves data with top lithium producer Albemarle Corp according to a letter viewed by Reuters, defusing a spat that may have

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U.S. lawmaker introduces bill to restore FTC ability to get money back from scammers

Representative Tony Cardenas, along with other Democrats, has introduced a bill that would restore the Federal Trade Commission’s ability to force scam artists and deceptive companies to return ill-gotten gains.

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Investors doubt U.S. capital gains tax plan alone can derail market rally

U.S. stocks rebounded on Friday from a day-earlier swoon as investors digested the implications of a planned capital gains tax hike, with many pointing to reasons why such a policy

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