S&P 500 closes slightly red as weak business outlook fuels recession fears

S&P 500 closes slightly red as weak business outlook fuels recession fears

AT&T profits on subscriber additions General Dynamics drops after weak outlook Tesla, IBM publish results Indices: Dow up 0.03%, S&P 500 down 0.02%, Nasdaq down 0.18% NEW YORK, Jan. 25 (Reuters) – The S&P 500 ended nominally lower on Wednesday as a streak of corporate earnings ranged from dismal to dismal, reigniting concerns about the … Read more

Rupert Murdoch drops proposal to combine Fox, News Corp and Move sales

Rupert Murdoch drops proposal to combine Fox, News Corp and Move sales

24 Jan. (Reuters) – Rupert Murdoch on Tuesday withdrew a proposal to reunite News Corp (NWSA.O) and Fox Corp as the company also explores a sale of Move Inc, which operates the website Realtor.com, to CoStar Group, according to reports a legal request and resources familiar with the process. Three sources familiar with the matter … Read more

Rebellious Indian students hold more screenings of BBC documentary about Modi

Rebellious Indian students hold more screenings of BBC documentary about Modi

NEW DELHI, Jan. 25 (Reuters) – Indian students said they would again show a BBC documentary on Prime Minister Narendra Modi that the government has dismissed as propaganda after a campus screening was disrupted by a power cut and harassment by opponents on Tuesday. The Students’ Federation of India (SFI) plans to screen the documentary … Read more

Ad spend on Twitter drops more than 70% in December – data

Ad spend on Twitter drops more than 70% in December – data

24 Jan. (Reuters) – Ad spend on Twitter Inc fell 71% in December, data from an advertising research firm showed, as top advertisers slashed spending on the social media platform following the acquisition of Elon Musk. The recent Standard Media Index (SMI) data comes as Twitter moves to reverse the advertiser exodus. It has introduced … Read more

Taylor Swift concert fiasco sparks U.S. Senate whims for Ticketmaster

Taylor Swift concert fiasco sparks U.S. Senate whims for Ticketmaster

WASHINGTON, Jan. 24 (Reuters) – US senators on Tuesday criticized Live Nation Entertainment’s lack of transparency and inability to block bot purchases of tickets at a hearing following a major fiasco involving ticket sales for Taylor Swift’s upcoming concert tour . Ticketmaster, a subsidiary of Live Nation Entertainment Inc (LYV.N), which has been unpopular with … Read more

Indian university reports power outage ahead of Modi documentary screening

Indian university reports power outage ahead of Modi documentary screening

NEW DELHI, Jan. 24 (Reuters) – A top Indian university shut down power and internet on its campus on Tuesday for the student union to show a BBC documentary about Prime Minister Narendra Modi that India has dismissed as propaganda, broadcaster NDTV reported. . Jawaharlal Nehru University (JNU) in the capital New Delhi had threatened … Read more

Spotify is cutting 6% of jobs, content is leaving

Spotify is cutting 6% of jobs, content is leaving

Jan 23 (Reuters) – Spotify Technology SA (SPOT.N) said on Monday it plans to cut 6% of its workforce and take a related charge of up to $50 million, adding to the massive layoffs in the technology sector in preparation for a possible recession. The tech industry is facing a slump in demand after two … Read more

Exclusive: Geely plans to transform maker of London black cabs into EV powerhouse

Exclusive: Geely plans to transform maker of London black cabs into EV powerhouse

COVENTRY, England, Jan. 23 (Reuters) – China’s Geely (0175.HK) is planning a major investment to transform the maker of London’s iconic black cabs into a large-scale, all-electric brand with a range of commercial and passenger vehicles. unit executives told Reuters. London Electric Vehicle Company (LEVC) is also looking to expand its range of services, including … Read more

India blocks broadcast of BBC documentary on Modi in India

India blocks broadcast of BBC documentary on Modi in India

MUMBAI, January 22 (Reuters) – India has blocked the broadcast of a BBC documentary questioning Prime Minister Narendra Modi’s leadership during the 2002 Gujarat riots. Directions to prevent the clips from being shared were issued using emergency powers available to the government under the country’s information technology rules, Kanchan Gupta, a government adviser, said on … Read more

In Mexico, a reporter published a story. The next day he was shot dead

In Mexico, a reporter published a story.  The next day he was shot dead

MEXICO CITY, Jan. 21 (Reuters) – Just after sunset on Thursday, Feb. 10, two men pulled up in a white Dodge Ram pickup outside Heber Lopez Vasquez’s small radio studio in southern Mexico. A man got out, walked in and shot the 42-year-old journalist dead. Lopez’s 12-year-old son Oscar, the only one with him, was … Read more