Economy

Stocks rebound after the Dow, S&P 500 and Nasdaq all entered ‘correction’ territory

Stocks rebound after the Dow, S&P 500 and Nasdaq all entered ‘correction’ territory

U.S. stocks plunged in early trading on Monday as investors worried about rising inflation and geopolitical tensions, before catching that ground in afternoon trade as financial markets faltered. were collapsing. The S&P 500 tumbled in morning trade to enter what the market sees as a “correction” – a decline of 10% or more from its …

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Three US states, DC sue Google over location-tracking

Three US states, DC sue Google over location-tracking

WASHINGTON, Jan 24 (Reuters) – Texas, Indiana, Washington State and the District of Columbia sued Alphabet Inc’s Google (GOOGL.O) on Monday over what they called deceptive location-tracking practices that invade users’ privacy. “Google falsely led consumers to believe that changing their account and device settings would allow customers to protect their privacy and control what …

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Four attorneys general sue Google over ‘misleading’ location tracking

Four attorneys general sue Google over ‘misleading’ location tracking

Parallel lawsuits by the District of Columbia, Texas, Indiana and Washington State focus on Google’s collection of location data, which can be used to target advertising and create profiles about Internet users. The DC Attorney General’s lawsuit alleges that since 2014, Google (GOOG) has made misleading public statements about how users can opt out of …

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Why Unilever, Peloton and Kohl’s are drawing the ire of activist investors.

Why Unilever, Peloton and Kohl’s are drawing the ire of activist investors.

When a company’s shares start to slide, activist investors often step in to shake things up, pressuring laggards to cut costs, shed poorly performing assets, or even consider selling out altogether. Sensing an opportunity for investment profits at a time when the stock market has been tough, activists took aim at their latest targets: multinational …

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