Google hit with record EU fine over Shopping service

By Google News

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Google hit with record EU fine over Shopping service

BBC News
Google has been fined 2.42bn euros ($2.7bn; £2.1bn) by the European Commission after it ruled the company had abused its power by promoting its own shopping comparison service at the top of search results.

Roundup Could Be Getting a Warning Label

U.S. News & World Report
California regulators are taking a pivotal step toward requiring the popular weed killer Roundup to come with a warning label. June 26, 2017, at 8:48 p.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel. Roundup Could Be Getting a Warning Label …

Morning Agenda: Charter, Comcast and Sprint?

New York Times
Masayoshi Son, the chairman of Sprint, in Tokyo in May. Credit Franck Robichon/European Pressphoto Agency. Breaking: The European Commission has hit Google with a record fine of $2.7 billion for unfairly favoring some of its search services over those

Buffett Wants a Big Deal. Lately, He’s Settled for Small Ones

Bloomberg
It’s been a while since Warren Buffett struck a big deal, but that hasn’t kept him from settling for smaller trophies. On Monday, investors learned that the billionaire’s Berkshire Hathaway Inc. made a $377 million bet on Store Capital Corp.

Broadly weaker dollar sinks to two-week low against euro

MarketWatch
The dollar fell broadly Tuesday, marking a two-week low against the euro, as investors continued to weigh what could be shifting sentiment away from aggressive stimulus at the European Central Bank.

Is Seattle’s minimum wage hike costing jobs? Here’s what 2 studies say

Palm Beach Post
FILE – In this June 2, 2014, file photo, a sign that reads “15 Good Work Seattle” is displayed below Seattle City Hall, right, and the Columbia Center building, left, after the Seattle City Council passed a $15 minimum wage measure.

Small business taxes: 5 ways to get the IRS’ bullseye off your back

NewsOK.com
But, it can also feel at times like there is a target right across your back with the Internal Revenue Service and other taxation officials, said Travis Watkins, an Oklahoma City tax attorney.

‘Pharma Bro’ Martin Shkreli Goes On Trial On Securities Fraud Charges

NPR
Martin Shkreli is known for a number of things. Jacking up the cost of a life-saving drug for AIDS patients by 5,000 percent. Grinning his way through a House hearing as he pleaded the Fifth.

The music may be over for Pandora’s CEO

CNNMoney
The tech news site Recode reported late Sunday that Westergren will step down as chief executive of the online radio company. Pandora had no comment.

Australian census shows high rates of home ownership ‘slipping away’

The Guardian
High rates of home ownership are slipping further into Australia’s past, with soaring house prices and ultra-low interest rates pushing a higher proportion of residents into rental properties in the past five years.

Off-duty cop tackles airline passenger opening emergency exit

SFGate
An off-duty Cleveland ISD police officer tackled a passenger who tried to open an emergency exit during a flight to Houston on Sunday, forcing the plane to make an emergency landing in Corpus Christi.

Over Dead Bodies? Third Point Calls On Nestlé To Drop Longtime L’Oréal Link

Forbes
Activist shareholder Daniel Loeb’s Third Point has taken a small stake in Swiss food group Nestlé and urges the company and its new chief executive to sell down its large stake in French cosmetics group l’Oréal.

China’s premier just offered a rare glimpse of the Chinese economy — here’s what he didn’t say

CNBC
DALIAN, China – China kicked off the World Economic Forum’s annual summer meeting with a much-anticipated speech by Premier Li Keqiang, which offered a rare glimpse into what authorities are thinking about the world’s second-largest economy.

With plane vibrating like a ‘washing machine,’ pilot asks passengers to pray

New York Post
A veteran pilot of an AirAsia X flight asked his passengers to pray when the aircraft began shaking like a “washing machine,” according to reports.

Caisse DE Depot ET Placement DU Quebec Acquires Shares of 42500 Advanced Micro Devices, Inc. (AMD)

Markets Daily
Advanced Micro Devices logo Caisse DE Depot ET Placement DU Quebec acquired a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the first quarter, according to its most recent filing with the SEC.

This week’s poll: HMS Queen Elizabeth maiden voyage

The Engineer
As the Royal Navy’s newest flagship begins its sea-trials, does the country need the carrier and its still-uncompleted sister ship?

Vinik-Cascade team reveals district name, details on first phase of development (Rendering)

Tampa Bay Business Journal
Strategic Property Partners is naming its mixed-use district after the main corridor in its multibillion-dollar development, hoping to create a signature street and sense of place in Tampa’s urban core.

California big tunnels win early approval. Questions remain

Washington Post
SAN FRANCISCO – Gov. Jerry Brown won crucial early approval from federal wildlife officials Monday for his $16 billion proposal to re-engineer California’s north-south water system, advancing his plan to build two giant tunnels to carry Northern

Nvidia forges more partnership with auto makers for self-driving tech

MarketWatch
Nvidia Inc. unveiled more partnerships in the hot self-driving car arena Tuesday, including an unusual joint venture between Swedish auto maker Volvo and one of its suppliers, in its quest to become the standard technology inside all self-driving cars

Another sexual harassment scandal in the tech world in which alleged victims risked their careers to expose it

Los Angeles Times
The pattern is familiar: A powerful man in the technology industry is accused of using his position to harass women trying to establish themselves in Silicon Valley.

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