Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
The Pentagon on Thursday said the recent attack on Saudi Arabian oil facilities were "sophisticated" and represented a "dramatic escalation" in tensions within the region.Defenseread more
Four years ago Microsoft had just two women on its board. Walmsley is now the fifth.Technologyread more
AT&T isn't focused on selling or divesting DirecTV, despite pressure from stakeholder Elliott Management, sources tell CNBC.Technologyread more
Patrick Shyu, a former tech lead at Google, has posted a series of videos making fun of Facebook, where he worked as a software engineer until last month.Technologyread more
The measure to keep the government running through Nov. 21 now heads to the Senate, where McConnell has signaled he will back a temporary spending plan.Politicsread more
A U.S. investor is suing Barclays and current and former bosses over losses suffered after New York's attorney general accused the British bank of lying to customers regarding its electronic trading platform.
Barbara Strougo of New York filed a class action lawsuit in New York on Monday against Barclays and its Chief Executive Antony Jenkins and Finance Director Tushar Morzaria. It also names former CEO Bob Diamond and former finance chief Chris Lucas as defendants.
Strougo claimed she and other buyers of Barclays American depositary shares (ADS) lost money after the attorney general brought a lawsuit against Barclays' "dark pool" trading venue on June 25. Barclays' London-listed shares fell more than 5 percent the next day, and the ADS fell 7.4 percent.
Dark pools let institutional investors trade large blocks of shares anonymously and only make trading data available afterwards so that investors with large orders are not at a disadvantage.
The lawsuit claims Barclays made false and/or misleading statements and failed to disclose material adverse facts regarding its operations in its dark pool.
The claims in the suit were similar to those alleged by New York Attorney General Eric Scheiderman on June 25, who said the bank lied to its institutional clients and gave high speed traders an unfair advantage over investors in order to increase its trading activity and revenues.
The claimants said that due to the "defendants' wrongful acts and omissions" and fall in its shares, they "have suffered significant losses and damages."
Barclays declined to comment on the lawsuit.
Last week the bank filed a motion to dismiss the attorney general's claims, saying they had "fatal flaws" because Barclays' customers were never misled and marketing material information had been taken out of context.