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September 8, 2019
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September 9, 2019
Financial News





Sep 09, 2019 6:44AM 

TOKYO (AP) — Global shares were mostly higher today as the week started with a mix of economic data for the region and the U.S. In early trading, France’s CAC 40 fell less than 0.1%, while Germany’s DAX gained 0.2%. Britain’s FTSE 100 rose 0.4%. In Asia, Japan’s benchmark Nikkei 225 closed up nearly 0.6%. South Korea’s Kospi gained 0.5%. Hong Kong’s Hang Seng inched down less than 0.1%, while the Shanghai Composite rose 0.8%. Wall Street is expected to open higher with Dow and S&P futures each up 0.2%.



SAN FRANCISCO (AP) — A group of states led by Texas is expected today to announce an investigation into Google to examine whether the Silicon Valley tech giant has gotten too big and effective at stomping or acquiring rivals. The probe is the latest blow against big tech companies as antitrust investigations ramp up in the U.S. and around the world. A separate group of states announced an investigation into Facebook’s dominance on Friday. The Department of Justice, the Federal Trade Commission and Congress are also conducting probes.



LONDON (AP) — British Prime Minister Boris Johnson’s government has confirmed it will suspend the U.K. Parliament later today until Oct. 14. Spokesman James Slack says Parliament will be prorogued, or suspended, at the close of the day’s business. Johnson has previously said he would send British lawmakers home sometime this week. The suspension limits Parliament’s ability to block Johnson’s plans for Brexit. Johnson says the UK must leave the EU on Oct. 31, with or without a divorce agreement.



TOKYO (AP) — Nissan Chief Executive Hiroto Saikawa has acknowledged he is working to pass over the helm at the Japanese automaker to the next generation, indicating he’s ready to step down. Calls for resignation, which arose after the arrest last year of his predecessor Carlos Ghosn (gohn) on various financial misconduct allegations, have grown louder after Saikawa acknowledged last week that he had received dubious payments.



WASHINGTON (AP) _ The Supreme Court is about to weigh in on a racial discrimination lawsuit involving Comcast and a Los Angeles-based media company owned by comedian and media mogul Byron Allen. A lower court ruled in favor of Allen, who says Comcast declined to distribute his channels because he’s black. If Allen prevails, black-owned businesses will have an easier time winning suits that allege discrimination in contracting. If Comcast wins, the bar will be high to bring and succeed with similar suits.