Dozens of companies and small business groups support US bill to curb Big Tech

WASHINGTON, June 13 (Reuters) – Dozens of companies and business organizations are sending a letter to U.S. senators on Monday urging them to support a bill aimed at curbing the biggest tech companies, such as Amazon.com ( AMZN.O) and Alphabet (GOOGL.O) Google. U.S. Democratic Senator Amy Klobuchar and lawmakers from both parties said last week … Read more

Bear market looms as 2022 US equity decline deepens

NEW YORK, June 13 (Reuters) – The stock market’s brutal year approached a grim milestone as Monday’s tumble in the S&P 500 threatened to leave it in a bear market for the first time since March 2020, fueled by worries about soaring inflation, a hawkish Federal Reserve and future economic growth. The benchmark S&P 500 … Read more