TOKYO (AP) — Global shares were mixed today after a day of listless trading on Wall Street, as investors awaited signs on global interest rates. France’s CAC 40 slipped 0.3% in early trading, while Germany’s DAX fell 0.3%. Britain’s FTSE 100 inched down 0.1%. In Asia, Japan’s Nikkei 225 closed up nearly 0.4%, South Korea’s Kospi edged up 0.6% and the Shanghai Composite lost 0.1%. U.S. shares are set to drift lower with Dow futures and S&P futures each down 0.3%.
UNDATED (AP) _ Prosecutors from nearly all 50 states are going after big tech companies. Attorneys general from 48 states, Puerto Rico and the District of Columbia are investigating whether Google’s huge online search and advertising business is engaging in monopolistic behavior. Monday’s announcement follows a separate multistate investigation of Facebook’s market dominance that was revealed Friday.
LONDON (AP) — Official figures have painted a mixed picture of the U.K. labor market as the country heads toward its scheduled departure from the European Union. The Office for National Statistics says the number of people in work increased by 31,000 in the three months to July, down sharply from the 115,000 created in the quarter to June. Overall, the unemployment rate of 3.8% was unchanged on the quarter and remained at its lowest since 1974.
BEIJING (AP) — Jack Ma, who founded Alibaba Group, the world’s biggest e-commerce company, is stepping down as chairman at a time when the rapidly changing industry faces uncertainty amid a U.S.-Chinese trade war. The 55 year old stepped down today as part of a succession announced a year earlier. He will stay on as a member of the Alibaba Partnership, a group of 36 people with the right to nominate a majority of the company’s board of directors.
SAN FRANCISCO (AP) — Apple is expected to unveil three new iPhone models that are so similar to last year’s lineup, they may be upstaged by details about the company’s upcoming video service. The company will show off its latest iPhones today at an annual hardware showcase. But the buzz surrounding its best-selling products has waned, as have sales, in the absence of compelling new features.