A Reddit forum’s fervor for old-school technology stocks is sending shares in Finland’s Nokia Oyj rocketing toward their biggest weekly gain in more than seven years.
General Electric Co.’s earnings are out and the big headline is a major beat on industrial free cash flow of $4.4 billion in the fourth quarter, easily topping the company’s guidance of “at least” $2.5 billion and ahead of analyst consensus of $2.8 billion.
Restrictions should be placed on internet companies so they aren’t in a position to make unilateral decisions that will affect freedom of speech and democratic values, European Commission President Ursula von der Leyen said.
The U.S. is alone among developed nations without a national policy guaranteeing time off.
Rhino, a startup that specializes in deposit insurance, has more than tripled its valuation to $500 million after raising $95 million in an investment round led by Tiger Global Management.
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