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Bloomberg
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China's failing US lobby playbook puts tech companies in jeopardy
China argues its companies are being unfairly targeted, saying the US is using a broad definition of national security to suppress foreign businesses
 "China's failing US lobby playbook puts tech companies in jeopardy")
Fed's bold move reshapes policy horizon for counterparts around the world
In emerging markets, the Fed's half percentage point cut offers reduced pressure on exchange rates
 "Fed's bold move reshapes policy horizon for counterparts around the world")
Ray Dalio downplays next US Fed move as investors flag China risks
Cain International CEO Jonathan Goldstein said return to office policies are as important to the fate of the real estate industry as any interest-rate cuts by the Fed
 "Ray Dalio downplays next US Fed move as investors flag China risks")
Google wins fight over $1.7 billion EU fine for online advertising abuse
Judges at the EU's General Court in Luxembourg backed the Alphabet Inc. unit's challenge to a fine doled out in 2019, saying regulators made mistakes in their probe
 "Google wins fight over $1.7 billion EU fine for online advertising abuse")
Taiwan firm Gold Apollo denies it made pagers used in Lebanon attacks
On Tuesday, thousands of pagers exploded across Lebanon, killing at least nine people and wounding almost 3,000
 "Taiwan firm Gold Apollo denies it made pagers used in Lebanon attacks")
Kamala Harris seeks to cap child care costs at 7% for working families
It's sadly the state of affairs in our country that working people often have to decide to either be able to work or be able to have child care, Harris said
 "Kamala Harris seeks to cap child care costs at 7% for working families")
Fed Reserve's rate cut won't be 'earth-shattering', says JPMorgan's Dimon
Fed officials are expected to lower interest rates this week for the first time in more than four years
 "Fed Reserve's rate cut won't be 'earth-shattering', says JPMorgan's Dimon")
US elections: Swing state TV viewership surged for Trump-Harris debate
Arizona and Wisconsin registered the biggest jumps in viewers at 41 per cent each. Georgia, Michigan, Nevada, North Carolina and Pennsylvania also posted larger increases than the US average
 "US elections: Swing state TV viewership surged for Trump-Harris debate")
Blackrock, Microsoft join hands to raise $30 billion for AI investments
The infrastructure investments - including energy projects - will be mostly in the US, with a portion of the funds to be deployed in US partner countries, the companies said in a statement
 "Blackrock, Microsoft join hands to raise $30 billion for AI investments")
Traders shy away from Modi-linked stocks in shift to defensive sectors
A few recent policy reversals highlight the element of uncertainty that investors must grapple with after a decade of certainty, as Modi increasingly leans on coalition partners
 "Traders shy away from Modi-linked stocks in shift to defensive sectors")
Will meet PM Modi next week during his US visit: Trump ahead of elections
Modi will be in the US this weekend, where he is slated to attend the Quad Leaders Summit in Wilmington, Delaware that is being hosted by President Joe Biden
 "Will meet PM Modi next week during his US visit: Trump ahead of elections")
Reckitt Benckiser starts talks on $7.9 billion homecare assets sale
Goldman Sachs Group Inc. is helping Reckitt on evaluating options for its formula brand Mead Johnson, including a potential sale, according to the people
 "Reckitt Benckiser starts talks on $7.9 billion homecare assets sale")
Markets hinge on Jerome Powell emulating Greenspan to avoid a recession
To Kristina Hooper, chief global market strategist at Invesco, the US economy looks set to avert a recession as the Fed starts easing policy just ahead of the US election
 "Markets hinge on Jerome Powell emulating Greenspan to avoid a recession")
Microsoft plans new $60 billion buyback, raises quarterly dividend 10%
The software company said late Monday that shareholders as of Nov. 21 will receive a quarterly dividend of 83 cents a share, compared with the current 75 cents
 "Microsoft plans new $60 billion buyback, raises quarterly dividend 10%")
Lenovo to build AI servers in India as nation's tech push deepens
The company said Tuesday it has started making the large, powerful computers in Pondicherry
 "Lenovo to build AI servers in India as nation's tech push deepens")
World leaders must step up fight against nutrition crisis, says Bill Gates
The pandemic and debt crises in poorer countries have hit health and education funding
 "World leaders must step up fight against nutrition crisis, says Bill Gates")
Social media age limits restricting children are too little too late
But research has shown that age limits for social media aren't the most effective way to protect teens from its potential harms
 "Social media age limits restricting children are too little too late")
Intel receives $3 bn from Pentagon for mfg chips for military; shares gain
The effort, called the Secure Enclave, aims to establish a steady supply of cutting-edge chips for defense and intelligence purposes
 "Intel receives $3 bn from Pentagon for mfg chips for military; shares gain")
Japanese firm Daiichi wants to go alone in search of targeted cancer drugs
AstraZeneca Plc and Daiichi's breast cancer drug Enhertu is based off of Daiichi's antibody-drug conjugate platform DXd, and was the top-selling ADC globally in 2023
 "Japanese firm Daiichi wants to go alone in search of targeted cancer drugs")
US justice dept says Google saw ad startup AdMeld as threat and bought it
The purchase of the company was portrayed by the Justice Department in its monopolisation trial against the Alphabet Inc. unit as an example of so-called killer acquisitions
 "US justice dept says Google saw ad startup AdMeld as threat and bought it")
