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    Nike lifts S&P and Dow, chip stocks weigh on Nasdaq
    Posted on Friday March 23, 2018

    (Reuters) - The S&P 500 and the Dow were lifted by gains in Nike on Friday, but the tech-heavy Nasdaq was weighed down by losses in chip stocks led by Micron Technology.

    GSK pulls out of $20 billion race for Pfizer consumer assets
    Posted on Friday March 23, 2018

    LONDON (Reuters) - GlaxoSmithKline has quit the race to buy Pfizer's consumer healthcare business, endangering an auction the U.S. drugmaker hoped would bring in as much as $20 billion.

    China urges U.S. away from 'brink' as Trump picks trade weapons
    Posted on Friday March 23, 2018

    BEIJING/SHANGHAI (Reuters) - China urged the United States on Friday to "pull back from the brink" as President Donald Trump's plans for tariffs on up to $60 billion in Chinese goods moved the world's two largest economies closer to a trade war.

    Dropbox heads for trading debut after upsized IPO pricing
    Posted on Friday March 23, 2018

    (Reuters) - Having topped expectations with the upsized price of its initial public offering, Dropbox Inc on Friday faces its next big challenge: a successful launch of trading when global stock markets are the defensive and tech shares are particularly soft.

    U.S. House panel formally asks Facebook CEO to testify on user data
    Posted on Friday March 23, 2018

    WASHINGTON (Reuters) - The leaders of the U.S. House Energy and Commerce Committee on Friday wrote Facebook Inc chief executive Mark Zuckerberg detailing new concerns about the social media company's use of data and formally requesting that he testify at a future hearing.

    End to Boeing trade case good news for aerospace: Bombardier
    Posted on Friday March 23, 2018

    MONTREAL (Reuters) - Boeing Co's decision to end its trade case over the sale of Bombardier CSeries jets to U.S. carriers is good news for the aerospace industry and the public, the Canadian plane and train maker said on Friday.

    Spotify says about two million users suppressing ads without paying
    Posted on Friday March 23, 2018

    (Reuters) - Music streaming service Spotify Technology SA [SPOT.N] said on Friday about 2 million of its non-paying users were suppressing advertisements, highlighting a potential revenue risk for the soon-to-be public company.

    China's Tencent loses $51 billion in market value in two days
    Posted on Friday March 23, 2018

    HONG KONG (Reuters) - Tencent Holdings Ltd's shares fell more than 4 percent on Friday, wiping out around $23 billion of market value, after the Chinese internet firm's largest shareholder, Naspers Ltd , lowered its stake for the first time in 17 years.

    Ireland chooses investment firms to manage Apple cash
    Posted on Friday March 23, 2018

    DUBLIN (Reuters) - Ireland on Friday chose Amundi , BlackRock Investment Management , and Goldman Sachs Asset Management to manage up to 15 billion euros ($18.5 billion) in disputed taxes Brussels has ordered it to collect from Apple.

    Steve Wynn sells stake in company he founded, Macau casino Galaxy buys in
    Posted on Friday March 23, 2018

    (Reuters) - Steve Wynn, the former chief executive of Wynn Resorts Ltd, has disposed his entire 11.8 percent stake in the firm for $2.1 billion in a dramatic exit of the casino and hotel enterprise he founded over 16 years ago.



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