Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
While earnings usually come in substantially ahead of expectations — as much as 4 or 5 percentage points is not unusual — the downward direction in the outlook doesn't speak...Earningsread more
"We missed being the dominant mobile operating system by a very tiny amount. We were distracted during our antitrust trial. We didn't assign the best people to do the work,"...Technologyread more
PatientsLikeMe was bought by UnitedHealth following a review by Trump's Treasury Department, which scrutinized the start-up because it's backed by Chinese cash.Technologyread more
Some traders think the energy rally is about to wane, despite the sector being one of June's big winners.ETF Edgeread more
Stocks with this one feature are poised to crush the market after a rate cut, according to Goldman Sachs.Marketsread more
An Air Canada passenger traveling to Toronto from a weekend in Quebec City found herself stranded alone on the tarmac and in the dark, in what she described as a "nightmare."Airlinesread more
When Victoria's Secret exited the swimsuit business in 2016, it opened the floodgates for start-ups to conquer that market.Retailread more
Shopify debuts a new network to help it compete with Amazon.Marketsread more
(Adds latest from European capitals)
MADRID/PARIS, Feb 4 (Reuters) - Eight European nations joined the United States in recognizing opposition leader Juan Guaido as Venezuela's interim president on Monday, heightening the global showdown over Nicolas Maduro's socialist rule.
Britain, France, Spain, Portugal, Sweden, Denmark, Austria and Germany's coordinated move came after the expiry of an eight-day deadline set last weekend for Maduro to call a new election.
The Venezuelan leader, accused of running the OPEC nation of 30 million people like a dictatorship and wrecking its economy, has defied them, saying Europe's ruling elite are sycophantically following President Donald Trump's agenda.
Guaido, who leads the opposition-controlled National Assembly, declared himself temporary leader last month in a move that has split international powers and brought Venezuelans onto the streets.
Trump immediately recognized him but European Union nations were nervous over the global precedent of a self-declaration.
Russia and China, who have poured billions of dollars of investment and loans into Venezuela, are supporting Maduro in an extension of a geopolitical tussle with the United States playing out across various global flashpoints.
"I recognize the president of Venezuela's assembly, Mr Juan Guaido, as president in charge of Venezuela," Spanish Prime Minister Pedro Sanchez said in a televised statement, urging a free and fair election as soon as possible.
"Venezuelans have the right to express themselves freely and democratically. France recognizes zjguaido as 'interim president' to implement an electoral process," President Emmanuel Macron said on Twitter.
British Foreign Secretary Jeremy Hunt said via social media. "UK alongside European allies now recognizes zjguaido as interim constitutional president until credible elections can be held."
He added: "The oppression of the illegitimate, kleptocratic Maduro regime must end."
Maduro, 56, a former union leader, bus driver and foreign leader, replaced former leader Hugo Chavez in 2013 after his death from cancer. But he has presided over an economic collapse and exodus of 3 million Venezuelans.
He blames a U.S.-led "economic war" and also accuses Washington of seeking a coup against him in order to get its hands on Venezuela's oil wealth. It has the largest reserves in the world, but production has plunged under Maduro.
Critics say incompetent policies and corruption under both Maduro and Chavez have impoverished a once-wealthy nation while dissent has been brutally crushed.
Responding to the EU nations' moves on Monday, Russia said it was foreign meddling and Venezuelans should be allowed to resolve their own domestic problems. The Maduro government is paying back both Russian and Chinese loans with oil.
In addition to the European pressure, a major bloc of Latin American nations plus Canada were to meet on Monday seeking to maintain their pressure on Maduro.
Maduro won re-election last year, but critics say it was a sham. Two opposition rivals with a good chance of winning were barred from standing, while food handouts and other subsidies to hungry Venezuelans were linked with political support.
Non-EU member Switzerland expressed concern and urged a "constitutional solution" and protection for Guaido, but did not specifically recognize him as president. (Reporting by Sudip Kar-Gupta and Marine Pennetier in Paris, Guy Faulconbridge in London, Jose Elias Rodriguez in Madrid; Andrew Osborn in Moscow; Michael Shields in Switzerland; Andrei Khalip in Lisbon; Writing by Andrew Cawthorne; Editing by Janet Lawrence)