SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Aug 10 (Reuters) - Billionaire investor Bill Ackman in an X post on Sunday suggested merging U.S. government-sponsored enterprises Fannie Mae and Freddie Mac, suggesting the move would help reduce mortgage rates and achieve huge synergies both in their operations and in the trading price. ...

NEW YORK (Reuters) -The new White House order directing regulators to expand access to alternative investments in 401(k) plans, like crypto or privately owned companies adds a new layer of risk to the retirement portfolios for ordinary investors that they may not fully understand, investment professionals say. This is brand new; none of it has been stress-tested yet in a...

Aug 10 (Reuters) - * BILL ACKMAN: ONE WAY TO REDUCE MORTGAGE RATES WOULD BE TO MERGE FANNIE AND FREDDIE- X POST * BILL ACKMAN: FANNIE AND FREDDIE MERGER WOULD ALSO REDUCE THE COST AND RISKS OF GOVERNMENT OVERSIGHT - X POST * BILL ACKMAN ON FANNIE AND FREDDIE MERGER: WOULD ENABLE THEM TO ACHIEVE HUGE SYNERGIES BOTH IN THEIR...