The trade war between the United States and China has lasted for more than one year — and a resolution is nowhere in sight.World Economyread more
The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.Market Insiderread more
Pelosi said Trump should not have tried to address China's trade practices in a way that opened Americans up to financial pain.Politicsread more
Investors await the Fed's latest decision on monetary policy, set to be released on Wednesday stateside. The U.S. central bank is widely expected to cut rates by 25 basis...Asia Marketsread more
TransferWise posted an annual net profit of £10.3 million on revenues of £179 million.Technologyread more
Live the high life with a night's stay at Highclere Castle, the iconic stately home made famous by Downton Abbey.Spendread more
Large banking institutions face the risk of failure if interest rates in Europe continue to stay negative, warns the global chief economist of the Economist Intelligence Unit.Banksread more
The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
In the survey, conducted after the third in the Democratic Party's series of debate, the former vice president draws 31% compared to 25% for the Massachusetts senator. At 14%,...2020 Electionsread more
Stocks rose slightly on Tuesday, but gains were capped as the Federal Reserve kicked off a two-day monetary policy meeting.US Marketsread more
privacy practices - WSJ@ (Adds details from WSJ report, Facebook response, background)
June 12 (Reuters) - Facebook Inc uncovered emails that appear to show Chief Executive Officer Mark Zuckerberg's connection to potentially problematic privacy practices at the company, the Wall Street Journal reported https://www.wsj.com/articles/facebook-worries-emails-could-show-zuckerberg-knew- o f - q u e s t i o n a b l e - p r i v a c y - p r a c t i c e s - 1 1 5 6 0 3 5 3 8 2 9 ? m o d = s e a r c h r e s u l t s & p a g e = 1 & p o s = 1 on Wednesday, citing people familiar with the matter.
Within the company, the unearthing of the emails in the process of responding to a continuing federal privacy investigation has raised concerns that they would be harmful to Facebook, at least from a public-relations standpoint, if they were to become public, the WSJ reported.
The report said it could not be determined exactly what emails the Federal Trade Commission (FTC) has requested and how many of them relate to Zuckerberg.
"Facebook and its executives, including Mark, at all times strive to comply with all applicable law, and at no point did Mark or any other Facebook employee knowingly violate the companys obligations under the FTC consent order," a company spokesman said in a statement.
"We have fully cooperated with the FTC's investigation to date and provided tens of thousands of documents, emails and files."
Shares of the Menlo Park, California-based company fell 2.5% to $173.64.
The FTC and the Department of Justice, which enforce antitrust laws in the United States, are gearing up to investigate whether Amazon.com Inc, Apple Inc, Facebook and Alphabet's Google misuse their massive market power. (Reporting by Sayanti Chakraborty in Bengaluru; Editing by Maju Samuel)