Tech is strengthening relationships in case of a Joe Biden victory to ensure they have a voice in an onslaught of federal and state investigations into their business practices, according to campaign finance records and interviews.
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Senate panel approves sending subpoenas to CEOs of Twitter, Facebook, Google
The U.S. Senate Commerce Committee on Thursday unanimously voted to approve a plan to subpoena chief executives of Twitter, Alphabet's Google and Facebook for a hearing likely to be held before the election on a prized legal immunity enjoyed by internet companies.
Wall Street rises on stimulus bets as labor market rebound cools
Wall Street's main indexes rose on the first day of the fourth quarter on Thursday as investors bet on more fiscal stimulus after data showed a recovery in the labor market was slowing.
U.S. labor market, income data point to drawn-out economic recovery
The number of Americans filing new claims for jobless benefits fell last week but remained at recession levels, while personal income dropped in August, underscoring the need for another government rescue package for businesses and the unemployed.
White House stimulus proposal goes over $1.5 trillion with $20 billion for airlines
The Trump administration has proposed including a $20 billion extension in aid for the battered airline industry in a new stimulus proposal to House Democrats worth over $1.5 trillion, White House chief of staff Mark Meadows said on Wednesday.
Activist investor Icahn brings son back, lays out succession plan
Billionaire investor Carl Icahn announced the formal return of his son, Brett, to Icahn Enterprises on Thursday, laying the groundwork for a handover of control at one of the world's most successful activist investment firms.
Turkey rebuffs Russia, France and U.S. over Nagorno-Karabakh ceasefire moves
The presidents of France, Russia and the United States called on Thursday for an immediate ceasefire between Azerbaijan and ethnic Armenian forces around Nagorno-Karabakh, but Turkey said the three big powers should have no role in peace moves.
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