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UPDATE 3-Facebook takes down Trump ads over 'organized hate' policy

Facebook Inc said on Thursday it took down posts and ads run by the re-election campaign of U.S. President Donald Trump for violating its policy against organized hate.

Thu Jun 18, 2020 23:12
U.S. hotel occupancy back above 40% as 'drive-to' sites recover - STR

The U.S. hotel industry's occupancy rates have more than doubled from historic lows of just over 20% in April, with "drive-to" locations bouncing back faster than urban and airport stays, data analytics firm STR said in a report.

Thu Jun 18, 2020 23:12
US STOCKS-S&P 500 closes nominally higher amid COVID-19 spikes, muted data

The S&P 500 closed nominally higher on Thursday as investors weighed a resurgence in coronavirus infections and the possibility of a new round of shutdowns as well as data that suggested the U.S. economy might not bounce back with quick, V-shaped recovery.

Thu Jun 18, 2020 23:12
UPDATE 1-Bombardier CEO says has held advanced talks with Alstom over remedies for rail deal

Bombardier's chief executive said on Thursday the Canadian company has held "well-advanced" talks with Alstom over remedies as it pursues regulatory approval for the sale of its rail division to the French giant.

Thu Jun 18, 2020 23:06
UPDATE 1-US stock funds shed $20.3 billion during latest week - Lipper

U.S. stock funds shed $20.3 billion in the week ended Wednesday that included a sharp pullback from the rally off the lows hit in March during the worst of the global coronavirus panic, according to Lipper data.

Thu Jun 18, 2020 23:06
UPDATE 2-Car rental firm Hertz scraps plan to sell new shares

Bankrupt Hertz Global Holdings Inc said on Thursday it terminated its plan to sell up to $500 million in new shares, a day after the U.S. Securities and Exchange Commission (SEC) raised objections to the sale.

Thu Jun 18, 2020 23:01

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