Google tries to ease tensions on eve of new EU privacy law

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SAN FRANCISCO (Reuters) – Alphabet Inc’s (GOOGL.O) Google sought to ease online publisher concerns on Thursday about the effects European data privacy rules going into effect in just a few hours will have on their ad business. FILE PHOTO: Silhouettes of laptop and mobile device users are seen next to a screen projection of Google
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U.S. jury awards Apple $539 million in Samsung patent retrial

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(Reuters) – After nearly five days of deliberations, a U.S. jury on Thursday said Samsung Electronics Co Ltd (005930.KS) should pay $539 million to Apple Inc (AAPL.O) for copying patented smartphone features, according to court documents, bringing a years-long feud between the technology companies into its final stages. Silhouette of mobile user is seen next
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Mexico says will not renegotiate NAFTA under pressure, but makes new offer

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MEXICO CITY/WASHINGTON (Reuters) – Mexico will not buckle to pressure to conclude the long-stalled renegotiation of NAFTA, President Enrique Pena Nieto’s spokesman said on Thursday, but a source said the country made a new offer after the United States launched a probe exploring auto tariffs. FILE PHOTO: The flags of Canada, Mexico and the U.S.
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Uber shuts Arizona self-driving program two months after fatal crash

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SAN FRANCISCO (Reuters) – Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday. Uber Technologies Inc [UBER.UL] is not shuttering its entire autonomous vehicle program and will focus on limited testing in Pittsburgh, Pennsylvania, and two cities in
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Wynn shareholders reject executive compensation plan

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(Reuters) – Shareholders of casino operator Wynn Resorts Ltd (WYNN.O) voted against the company’s executive compensation plan at its annual meeting last week, Wynn said in a regulatory filing late on Tuesday. FILE PHOTO: Company logos are displayed at Wynn Macau resort in Macau, China February 8, 2018. REUTERS/Bobby Yip The company’s founder, Steve Wynn,
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Why Caterpillar can’t keep up with a boom in demand

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EAST PEORIA, Ill. (Reuters) – Orders for the mining machines and construction bulldozers made at this sprawling Caterpillar Inc. (CAT.N) factory in central Illinois have jumped, in general, three-fold over the past year. But meeting that boom in demand at the world’s largest heavy equipment manufacturer is a challenge, in part because of Caterpillar suppliers
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EU doubts if offer can prevent Trump tariffs or steel caps

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BRUSSELS (Reuters) – European Union proposals to open its markets wider to U.S. products, including cars, appear not to have persuaded Washington to lift the threat of import tariffs on EU steel and aluminium, the bloc’s trade chief said on Tuesday. Metal coils are seen at ArcelorMittal steel plant in Ghent, Belgium, May 22, 2018.
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Small banks trump Wall Street on Dodd-Frank rewrite

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WASHINGTON (Reuters) – Congress on Tuesday rolled back some of the restraints imposed on banks after the 2007-2009 global financial crisis, but big players like Goldman Sachs Group Inc (GS.N), Morgan Stanley (MS.N) and JPMorgan Chase & Co (JPM.N), will not be breaking out the champagne. While Wall Street banks lobbied hard for a range
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