EU hits Google with $2.7B fine for abusing weaker rivals
ABC News, 28 June at 00:33
European regulators fined Google a record 2.42 billion euros ($2.72 billion) for abusing its dominance of the online search market in a case that could be just the opening salvo in Europe's attempt to curb the company's clout on that continent. The
Yellen Fed Ramps Up Attention Over `Somewhat Rich' Asset Prices
Bloomberg, 28 June at 00:28
It's not an alarm bell, but Federal Reserve officials are suddenly talking more about rising asset prices. Fed Chair Janet Yellen, Vice Chair Stanley Fischer and San Francisco Fed President John Williams on Tuesday all acknowledged that valuations in
Here's What Trump's Latest Failure Tells Us about His Business Empire
Mother Jones, 27 June at 23:52
A once-promising Trump deal left a trail of angry investors and a struggling hotel. Russ ChomaJun. 27, 2017 4:52 PM. Share on Facebook · Share on Twitter · Email; Print. AP Photo/The Canadian Press, Toronto Star-Michael Stuparyk. Toronto has had ...
New Cyberattack Wallops Europe; Spreads More Slowly in US
U.S. News & World Report, 27 June at 23:36
A computer screen cyberattack warning notice reportedly holding computer files to ransom, as part of a massive international cyberattack, at an office in Kiev, Ukraine, Tuesday June 27, 2017, A new and highly virulent outbreak of malicious data
Fed's Yellen expects no new financial crisis in 'our lifetimes'
Reuters, 27 June at 22:24
The Federal Reserve Board Chairwoman Janet Yellen speaks during a discussion at The British Academy President's Lecture in London, Britain, June 27, 2017. REUTERS/Hannah McKay. 1/6. left. right. The Federal Reserve Board Chairwoman Janet Yellen ...
Yellen Keeps Fed on Track for Rate Hikes
Bloomberg, 27 June at 22:23
Janet Yellen arrives before a discussion on the global economy at the British Academy in London, on Tuesday. Photographer: Chris Ratcliffe/Bloomberg. Federal Reserve Chair Janet Yellen gave no indication her plans for continued monetary policy ...
Darden CEO: Millennials Still Enjoy Chains Like Olive Garden
U.S. News & World Report, 27 June at 22:15
This Monday, June 27, 2016, photo shows an Olive Garden restaurant, a Darden brand, in Methuen, Mass. Darden Restaurants, Inc. reports earnings, Tuesday, June 27, 2017. (AP Photo/Elise Amendola) The Associated Press. NEW YORK (AP) — Millennials ...
That new Seattle study is a big problem for fans of a higher minimum wage — or is it?
Los Angeles Times, 27 June at 21:58
No two ways about it: The University of Washington's new study of the jobs effect of Seattle's higher minimum wage spells trouble for supporters of minimum wage increases. That's not merely because the study released Monday found a steep reduction in ...
Google faces years of EU oversight on top of record antitrust fine
Reuters, 27 June at 21:56
European Competition Commissioner Margrethe Vestager holds a news conference at the EU Commission's headquarters in Brussels, Belgium, June 27, 2017. REUTERS/Francois Lenoir. 1/2. left. right. People visit Google's booth at the Global Mobile ...
UPS to Freeze Pension Plans for Nonunion Staffers -- 2nd Update
Fox Business, 27 June at 21:10
United Parcel Service Inc. is planning to freeze pension plans for about 70,000 nonunion employees, seeking to contain the burden of a retirement fund with a nearly $10 billion deficit. Continue Reading Below. The package carrier would be the latest
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