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,...

03:37 PM EDT, 06/18/2025 (MT Newswires) -- Consumer stocks were advancing late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.4%. In corporate news, Nike ( NKE ) delayed the launch of its new brand with Kim Kardashian's Skims label after production setbacks, Bloomberg reported....

JPMorgan Chase & Co ( JPM ) shares are trading higher Wednesday afternoon. The stock is gaining following a report from Bloomberg that top U.S. regulators are planning to significantly reduce capital requirements for the nation’s largest banks. What To Know: According to Bloomberg, the Federal Reserve, FDIC and OCC are set to lower the enhanced supplementary leverage ratio, a...

03:37 PM EDT, 06/18/2025 (MT Newswires) -- Aon (AON) said Wednesday its upgraded Florida hurricane model was certified by the Florida Commission on Hurricane Loss Projection Methodology to help insurers assess risks for ratemaking in the state. The model, which will be released within Impact Forecasting's ELEMENTS 18.1 platform, is part of a broader strategy to support real-time loss estimation,...