Facebook pushes Messenger on users again
Facebook tightens access to messages on mobile browsers and expands Messenger use abroad. The shift aims to boost ads revenue while prompting users to install the app, with critics arguing it limits choice and privacy. Users like Kevina Cromwell resist by sticking to mobile web access.
MENTIONED IN THIS ARTICLE
San Francisco
Facebook
Messenger
Michael Kampfer
St. Paul, Minn
Kampfer
U.S
com-Score
Menlo Park
Calif
eMarketer
Debra Aho Williamson
Williamson
Kevina Cromwell
Philadelphia
Cromwell
Brexit hits Britain harder than euro zone after vote
A month after the Brexit referendum Britain faces slower growth and job losses while the euro zone shows resilience. EU surveys indicate euro area sentiment rose to 104.6 in July while Britain fell to 102.6, suggesting a milder immediate effect in the bloc and a sharper drag on UK prospects.
MENTIONED IN THIS ARTICLE
London
Britain
Lloyds
European Union
European Commission
Italy
Germany
France
Spain
Commission
Eurozone
U.K
Cathal Kennedy
RBC Capital Markets
IMF watchdog cites uneven euro crisis handling
The IMF Global watchdog faults the fund for an uneven response to Europe debt turmoil, especially Greece. It says political pressure shaped decisions during 2010 11 bailouts and warns avoidable risks were underappreciated while Lagarde rejects the critique.
MENTIONED IN THIS ARTICLE
Washington
International Monetary Fund
Europe
Greece
IMF
Christine Lagarde
European Commission
European Central Bank
Ireland
Portugal
Troika
Lagarde
Mixed stock day as earnings and Bank of Japan loom
US shares edged higher amid mixed results from Facebook Ford and Whole Foods with Dow down slightly while S&P 500 and Nasdaq gained. Oracle NetSuite Alphabet and Amazon posted gains as investors await Bank of Japan policy meeting and new stimulus steps.
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New York
Facebook
Ford
Whole Foods
Bank of Japan
Standard & Poor
NetSuite
Oracle
Google
Alphabet
Amazon
Asia
CFPB proposes limits on debt collectors and buyers
Debt-collection firms face new scrutiny as the CFPB weighs limits on pursuing old debts. Critics call the rules confusing though potentially curb abuses while lenders warn higher costs may reduce loan availability. Attorneys cite widespread documentation problems and disputes over debts already paid.
MENTIONED IN THIS ARTICLE
Saunders
CFPB
Federal Trade Commission
Scott Pearson
Ballard Spahr
Bureau
Ford Posts Mixed Q2 Results Amid Global Profit Pressures
Ford reports a quarterly loss in Asia and doubling losses in South America, offset by flat vehicle sales and a 6 percent revenue rise to 39.5 billion. Adjusted earnings 52 cents per share, below 60 cent consensus. Ford Credit sees a 21 percent earnings drop due to higher delinquencies and low car demand.
MENTIONED IN THIS ARTICLE
Ford
U.K
Asia
Shanks
China
Yuan
Lincoln
South Amer
Ica
Ford Credit
Wall Street
FactSet
U.S
North America
Europe
Britain
European Union
General Motors