US probe finds no 'misconduct' in Kodak loan: report

A US watchdog report has found no "evidence of misconduct" in the processing of a government loan to Kodak that was subsequently suspended pending investigations into the deal, the Wall Street Journal reported Sunday.

Business

Airbnb to increase IPO price: report

Home-sharing giant Airbnb, which is scheduled to go public this week, will significantly raise its IPO price, valuing the group at more than $40 billion, the Wall Street Journal reported Sunday.

Internet

Facebook demands academics disable ad-targeting data tool

Academics, journalists and First Amendment lawyers are rallying behind New York University researchers in a showdown with Facebook over its demand that they halt the collection of data showing who is being micro-targeted ...

Business

US slaps Google with antitrust suit, eyes possible breakup

The US government filed a blockbuster lawsuit Tuesday accusing Google of maintaining an "illegal monopoly" in online search and advertising in the country's biggest antitrust case in decades—opening the door to a potential ...

Consumer & Gadgets

5G iPhone expected to star at Apple event

Apple is expected on Tuesday to unveil a keenly anticipated iPhone 12 line-up starring models tuned to super-fast new 5G telecom networks in an update considered vital to the company's fortunes.

Energy & Green Tech

Renewable player overtakes ExxonMobil in market value

After decades of embracing fossil fuels, Wall Street appears to be shifting its allegiance to renewable energy, a sharp turn apparent in the contrasting fortunes of NextEra Energy and Exxon Mobil.

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