Key antitrust lawmaker frustrated with Google’s Fitbit deal

WASHINGTON (Reuters) – Lawmakers pressed top U.S. antitrust enforcers on their probes of tech giants Alphabet’s Google (GOOGL.O), Facebook (FB.O), Amazon (AMZN.O) and Apple (AAPL.O) on Wednesday, with the chair of a House subcommittee expressing frustration over the companies’ continued acquisitions. FILE PHOTO: Fitbit Blaze watch is seen in front Continue Reading

U.S. company directors compensated more than ever, but now risk backlash

(This November 8 story corrects spelling of analytics firm ESGauge, paragraph 10) Warren Buffett, chairman and CEO of Berkshire Hathaway, speaks while Bill Gates looks on at Columbia University in New York, U.S., January 27, 2017. REUTERS/Shannon Stapleton By Tim McLaughlin BOSTON (Reuters) – It’s nice work if you can Continue Reading

Goldman faces probe after entrepreneur slams Apple Card algorithm in tweets

FILE PHOTO: The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 18, 2018. REUTERS/Brendan McDermid/File Photo BENGALURU (Reuters) – A probe into Goldman Sachs Group Inc’s credit card practices has been Continue Reading

Virgin Australia to trim domestic capacity, axe a Hong Kong route

SYDNEY (Reuters) – Virgin Australia Holdings Ltd (VAH.AX) said on Wednesday it plans to cut domestic capacity by at least 2% and remove five aircraft from its fleet as it grapples with stagnant demand. FILE PHOTO: Aircraft from Australia’s second largest airline, Virgin Australia, sit on the tarmac at the Continue Reading