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Business News from Topix.net

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Channel Title: Business News
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Channel Description: Business News continually updated from thousands of sources around the net.

 
Privacy advocates plan to fight Congress' repeal of ISP privacy rules

Privacy advocates haven't given up the fight after the U.S. Congress voted to allow ISPs to sell customers' browsing histories and other personal information without their permission. On Tuesday, the House of Representatives voted 215 to 205 to strike down ISP privacy regulations approved by the Federal Communications Commission only months ago.

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Ford recalls 440,000 vehicles for fire risk, door latch trouble

Ford is recalling more than 440,000 vehicles in North America including more than 20,000 in Canada to fix problems that can cause engine fires and doors to open unexpectedly. The first recall covers over 230,000 Escape SUVs, Fiesta ST subcompacts, Fusion midsize cars and Transit Connect vans with 1.6-litre turbocharged engines from 2013 through 2015.

...read more

Rent-A-Center Adopts 'Poison Pill' Following Activist Campaign

The rent-to-own operator adopts a stockholder rights plan to reduce the likelihood that an investor would gain unsolicited control of the company. This is part of a series of stories that comprise TheStreet's Blue Chip Studio, which will illuminate issues related to corporate board performance, activism, dealmakers and personalities revealed by analysis of data generated by BoardEx , a business unit of TheStreet.

...read more

House sends bill to Trump blocking online privacy regulation

Thank you for reading 10 free articles on our site. You can come back at the end of your 30-day period for another 10 free articles, or you can purchase a subscription and continue to enjoy valuable local news and information.

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Large-Scale Energy Storage Is The (Virtual) Power Plant Of The Future

When utilities worry about meeting energy demand, they normally build more power plants and distribution networks. But when New York City's utility, Con Edison, projected a power shortfall in the Brooklyn-Queens network back in 2014, it decided to take another tack.

...read more

Man killed in Interstate-37 crash identified

Today, House Republicans voted to block a federal rule designed to protect your online privacy. The Federal Communications Commission rule would make it harder for internet service providers, like Verizon or AT&T, to make money off your web-surfing habits.

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Republicans Just Voted to Allow Internet Companies to Sell Your Browsing History

The House voted Tuesday to block online privacy regulations issued during the final months of the Obama administration, a first step toward allowing internet providers such as The Federal Communications Commission rule was designed to give consumers greater control over how internet service providers share information. But critics said the rule would have added costs, stifled innovation and picked winners and losers among Internet companies.

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US House votes to block Obama-era online privacy rule

The US House of Representatives has voted to block online privacy regulations issued during the final months of the Obama administration, a first step towards allowing internet providers to sell the browsing habits of their customers. http://www.belfasttelegraph.co.uk/news/world-news/article35574614.ece/1d870/AUTOCROP/h342/PANews%20BT_P-f3ff8592-c63a-4d5b-8dfa-9b03999cc66c_I1.jpg The US House of Representatives has voted to block online privacy regulations issued during the final months of the Obama administration, a first step towards allowing internet providers to sell the browsing habits of their customers.

...read more

Musk Wins Tencent Backing as 5% Stake Boosts Tesla's Cash

Tencent Holdings Ltd. , whose purchase of a 5 percent stake boosts Elon Musk's ambitions to get his mass-market Model 3 electric sedan to buyers this year. Tencent paid about $1.8 billion for shares bought on the open market and from Tesla's stock offering earlier this month, according to a regulatory filing .

...read more

House sends Trump bill to kill landmark broadband privacy regulations

"These broadband privacy rules are unnecessary and are just another example of big government overreach," said Rep. Marsha Blackburn , who sponsored the repeal bill. Above, Blackburn at the U.S. Capitol last week.

...read more

Facebook's New App Won't Kill Snap Stock

Whether you see Facebook's move as validation of Snapchat or a threat depends on which camp you're in when it comes to Snap stock. Bulls may find Facebook's push for Snapchat's millennials flattering.

...read more

Ford Unveils Details of $1.2 Billion Investment in 3 Michigan Plants

Ford announced the details of its previously announced $1.2 billion investment in three Michigan plants Tuesday, with $850 million going to upgrading its Michigan Assembly Plant, $150 million to an expansion of its Romeo engine plant, and $200 million for an advanced data center. The big-thinking CEO simply has hatched too many time-sucking bold ideas that could take decades to bear fruit, if they ever do.

...read more

The body armor, though, is too common in the comic book or superhero genre.

On Monday, Marvel Entertainment pierced a lawsuit brought by Horizon Comics Productions, successfully getting a judge to reject copyright claims over Iron Man 's body armor. However, the entertainment giant will still need to defend the way that Iron Man star Robert Downey Jr. was presented in the poster of Iron Man 3 .

...read more

White House Plan to Help Pay for Border Wall is a Long Shot

The White House is calling for immediate budget cuts of $18 billion from programs like medical research, infrastructure and community development grants to help pay for the border wall that President Donald Trump repeatedly promised would be financed by Mexico. Like President Donald Trump's 2018 budget, which was panned by both Democrats and Republicans earlier this month, the proposals have little chance to be enacted.

...read more

China's Efforts to Cool Property Prices Include a Crackdown on Sham Divorces

China's central bank has taken the unusual step of cracking down on sham divorces in Beijing. The People's Bank of China issued a statement at the end of last week that people who have been divorced for less than a year cannot qualify as first-time homebuyers.

...read more

Rent-A-Center Adopts 'poison Pill' To Help Fend Off Unsolicited Acquirer

Rent-A-Center Inc. said Tuesday that it adopted a shareholder rights plan, also known as a "poison pill," to reduce the likelihood that an investor would gain unsolicited control of the company. The rent-to-own operator declared on March 25 a dividend of one preferred stock purchase right for each outstanding common stock, payable on April 14 to shareholders of record on April 7. The right allows shareholders to buy one-thousandth of a share of newly created Class D preferred stock for $25, which can be exercised if an investor acquires a stake of 15% or more of outstanding common stock.

...read more

Red Bull heir enjoys high life, avoiding trial in copa s death

The Ferrari driver who allegedly slammed into a motorcycle cop, dragged him along the road and then sped away from the mangled body took just hours to find, as investigators followed a trail of brake fluid into the gated estate of one of Thailand's richest families. But the prosecution of Red Bull heir Vorayuth "Boss" Yoovidhya has been delayed almost five years.

...read more

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