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Consumer Electronics Headlines

Third Point to raise $400 mln for SPAC, Farley to run it

Daniel Loeb's hedge fund Third Point LLC plans to raise $400 million for a "blank check" company which will be run by outgoing stock market operator NYSE Group President Thomas Farley, according to a regulatory filing made on Tuesday.

Uber pulls up in Japan with taxi-hailing service

Uber Technologies plans to launch its first taxi-hailing pilot service in Japan that will connect passengers to other taxi providers, as it seeks to expand in the country where the U.S. firm has been blocked from setting up its own fleet of drivers.


Trump threatens aid cut to countries that do not stop MS-13 gang migrants

BETHPAGE, N.Y. President Donald Trump warned on Wednesday he was working on a plan to reduce U.S. aid to countries he says are doing nothing to stop MS-13 gang members from crossing into the United States illegally.