Microsoft’s latest privacy policy says vendors listen to voice data

Microsoft’s latest privacy policy says vendors listen to voice data
FILE PHOTO: The Microsoft sign is shown on top of the Microsoft Theatre in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo (Reuters) – Microsoft Corp (MSFT.O) said on Wednesday it updated its privacy policy to let customers know that it had been collecting voice data of its users with the help of employees and contractors. A spokesperson for... Read More

Ackman’s Pershing Square makes new investment in Berkshire Hathaway

Ackman’s Pershing Square makes new investment in Berkshire Hathaway
FILE PHOTO: Bill Ackman, chief executive officer and portfolio manager at Pershing Square Capital Management, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 18, 2017. REUTERS/Richard Brian BOSTON (Reuters) – Billionaire investor William Ackman’s hedge fund Pershing Square Capital Management has made a new bet on Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) (BRKb.N), according to a regulatory... Read More

Dow posts biggest one-day drop since October as recession fears take hold

Dow posts biggest one-day drop since October as recession fears take hold
NEW YORK (Reuters) – Wall Street sold off sharply on Wednesday as recession fears gripped the market after the U.S. Treasury yield curve temporarily inverted for the first time in 12 years. All three major U.S. indexes closed down about 3%, with the blue-chip Dow posting its biggest one-day point drop since October after 2-year Treasury yields surpassed those of... Read More

Ackman’s Pershing Square makes new investment in Berkshire Hathaway: filing

Ackman’s Pershing Square makes new investment in Berkshire Hathaway: filing
FILE PHOTO: Bill Ackman, chief executive officer and portfolio manager at Pershing Square Capital Management, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 18, 2017. REUTERS/Richard Brian BOSTON (Reuters) – Billionaire investor William Ackman’s hedge fund Pershing Square Capital Management made a new bet on Warren Buffett’s Berkshire Hathaway Inc (BRKa.N), according to a regulatory filing made... Read More

Fidelity Investments wins court battle with IRS over coal tax credits

Fidelity Investments wins court battle with IRS over coal tax credits
FILE PHOTO: A sign marks a Fidelity Investments office in Boston, Massachusetts, U.S. September 21, 2016. REUTERS/Brian Snyder BOSTON (Reuters) – Fidelity Investments on Wednesday won its court battle with the U.S. Internal Revenue Service over tax credits for the production of chemically treated coal. U.S. Tax Court Judge David Gustafson ruled at a court hearing that a partnership led... Read More

U.S. curve inverts for first time in 12 years; 30-year yield tumbles

U.S. curve inverts for first time in 12 years; 30-year yield tumbles
NEW YORK (Reuters) – The U.S. Treasury yield curve temporarily inverted on Wednesday for the first time since June 2007 in a sign of investor concern that the world’s biggest economy could be heading for recession. The inversion – where shorter-dated borrowing costs are higher than longer ones – saw U.S. 2-year note yields rise above the benchmark 10-year yield,... Read More