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Google antitrust probe to expand into Android: CNBC
The 50 attorneys general investigating advertising practices at Alphabet Inc's Google are planning to expand their antitrust probe into the unit's flagship Android business, CNBC reported on Thursday, citing people familiar with the matter.

S&P 500 notches another record, shakes off dour Cisco forecast
The benchmark S&P 500 posted a slim gain to end with a record closing high on Thursday, as a dour forecast from tech stalwart Cisco Systems Inc was offset by a strong report from big box retailer Walmart Inc .

Huawei, ZTE 'cannot be trusted' and pose security threat: U.S. attorney general
U.S. Attorney General William Barr said on Thursday that Huawei Technologies Co and ZTE Corp "cannot be trusted" and labeled them a security threat as he backed a proposal to bar U.S. rural wireless carriers from tapping an $8.5 billion government fund to purchase equipment or services from them.

Ford uses Mustang name, hoping new electric SUV will zap Tesla
Ford Motor Co will tag its new electric sport utility vehicle (SUV) with the Mustang name, the automaker said on Thursday, seeking to entice customers into a new era by linking it to the model whose groundbreaking design in the 1960s combined sportiness and affordability.

PayPal halts payment support to PornHub models
PayPal Holdings Inc said on Thursday it had stopped payment support to PornHub's models after it found the adult entertainment website made certain payments without the permission of the payment processor.

City and union officials to consult on Philadelphia refinery sale process: U.S. court
A U.S. bankruptcy judge on Thursday approved a process for the sale of the Philadelphia Energy Solutions oil refinery, the largest and oldest on East Coast, under which city officials and a trade union will consult on the matter.

Stocks, yields fall as China slowdown deepens
World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third quarter, adding to concerns about the impact of the U.S.-China trade war on global growth.

Fed's Kaplan says strong consumer will help the U.S. economy avoid recession in 2020
Dallas Federal Reserve Bank President Robert Kaplan said he does not expect the U.S. economy to enter a recession next year, and he was optimistic that the strong consumer can help the U.S. economy overcome potential headwinds.

European pilot group demands action over Ryanair sick leave policy
The European Cockpit Association (ECA) pilot group has urged regulators to take action over what it described as a "safety hazard" caused by Ryanair's approach to flight crews' sick leave, according to a letter seen by Reuters.

Fed's Bullard: 'More normal' yield curve bullish sign for 2020
The way U.S. bond markets responded to recent Federal Reserve interest rate cuts could be "bullish" for the economy, St. Louis Federal Reserve President James Bullard said on Thursday, adding he was ready to keep rates on hold and see how it plays out.

 

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