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,...

WASHINGTON, May 19 (Reuters) - Moody's downgrade of the U.S. sovereign credit rating late Friday appeared to have a modest impact on corporate bond market activity on Monday, as spreads widened slightly and new bond sales started the week softer than expected. Late Friday, ratings agency Moody's announced a one-notch downgrade to the U.S. government's credit rating, at the same...

03:40 PM EDT, 05/19/2025 (MT Newswires) -- PENN Entertainment ( PENN ) shareholder HG Vora Capital Management said Monday that the company is undermining shareholder rights by limiting board elections ahead of the June 17 annual meeting. The investment firm said PENN's May 19 letter, which stated it will continue to consider opportunities to further refresh the Board after the...

May 19 - RTX and the union representing around 3,000 striking U.S. Pratt & Whitney workers are resuming talks on Thursday as a stoppage goes into its third week, spokespeople for both the company and union said on Monday. Pratt produces about 70% of the company's geared turbofan engines (GTF) in Connecticut, where the strike is affecting two sites. The...