As Trade War With China Looms, US Readies Second Wave Of Duties
The second wave of products has been cued up as Washington prepares to announce on Friday a list of about $50 billion of goods to be targeted.
AT&T Closes $85 Billion Deal To Acquire Time Warner
President Donald Trump denounced the deal when it was first announced in October 2016. The Justice Department said that AT&T's ownership of both DirecTV and Time Warner, especially its Turner subsidiary, would give AT&T unfair leverage against rival pay TV providers that relied on content like CNN and HBO's "Game of Thrones."
Pentagon Weighs Future Of Korea Drills After Trump Nixes 'War Games'
Trump announced the end to the drills on Tuesday following his historic summit with North Korean leader Kim Jong Un in Singapore, calling exercises expensive and "provocative."
Seen Through 2018 Lens, ‘NAFTA World Cup’ In 2026 Is, Well, Awkward
While many saw the news that U.S., Mexico and Canada will jointly host the 2026 World Cup through the lens of border walls and tariffs, others saw it as an opportunity to heal North America's frayed relations since President Donald Trump came to power.
South Korea's Moon Meets Pompeo, Says World Escaped Nuclear Weapons Threat
Moon said according to the analyses of the summit, the people of "United States, Japan and Koreans, have all been able to escape the threat of war, nuclear weapons and missiles."
Senate, White House Gear Up For Battle Over China's ZTE
The U.S. Senate is due to vote within days on the measure as part of the National Defense Authorization Act, or NDAA, a defense policy bill Congress passes every year. The White House strongly opposes the ZTE measure.
Australia To Offer National Apology For Institutional Child Sex Abuse
The upcoming apology was sparked by a five-year inquiry into child sexual abuse which delved into more than 8,000 cases of sexual misconduct largely committed at religious and state-run institutions responsible for the safety of children.
US Counterspy Warns World Cup Travelers' Devices Could Be Hacked
In a statement, William Evanina, an FBI agent and the director of the U.S. National Counterintelligence and Security Center, warned World Cup travelers that even if they think they are insignificant, hackers could still target them.
Iran Warns North Korea: Trump Could Cancel Deal Before Getting Home
Tehran cited its own experience in offering the advice to Kim a month after Washington withdrew from a similar deal with Iran.
With Rate Hike In The Bag, Focus Turns To Fed's Policy Language
Investors are focused on how the U.S. central bank characterizes its monetary policy as borrowing costs return to more normal levels amid an ongoing economic expansion.
Trump: Kim Is 'Very Smart', North Korea Will Denuclearize 'Very, Very Quickly'
The breakthrough marks just the start of a diplomatic process, although, it could bring lasting change to the security landscape of Northeast Asia.
US Unveils De Facto Embassy In Taiwan Amid Tensions With China
The U.S. cut diplomatic ties in 1979 with Taipei, but, has been the island's strongest ally and sole foreign arms supplier.
Trump Says Summit Is 'Very, Very Good', Kim Says Prelude To Peace
Kim beamed broadly as the U.S. president gave him a thumbs up. "There will be challenges ahead," Kim said as the two men sat in the hotel's library against a backdrop of North Korean and U.S. flags.
China's Xiaomi Books $1 Billion Quarterly Loss Ahead Of Blockbuster IPO
Xiaomi did not reveal a fundraising target or the number of shares on offer in the filing.
North Korean, US Officials Air Differences On Eve Of Summit
President Trump, who remained positive, said the historic summit could "work out very nicely."
Foxconn Says Investigating Labor Conditions At China Factory Used For Amazon Devices
A report by New York-based China Labor Watch, following a nine-month investigation cited excessive hours, low wages, inadequate training and an overreliance on “dispatch” or temporary workers in violation of Chinese law taking place at the Hengyang Foxconn plant in Hunan province.
EU Will Act Against US Tariffs On Steel, Aluminum, Merkel Says
“The withdrawal, so to speak, via tweet is of course ... sobering and a bit depressing,” Merkel said in an ARD television interview of Trump's decision to withdraw support for a G7 communique.
German Regulator Found Defeat Devices In Daimler Diesel Cars
Germany’s road vehicle authority KBA has found five “illegal switch-off devices” in Daimler car engines, newspaper Bild am Sonntag (BamS) reported on Sunday.
Disney Animation Chief, Pixar Co-Founder Lasseter To Quit After 'Missteps'
He was the creative force behind movie hits like "Toy Story," "Frozen," and "Finding Nemo," that won Academy Awards and reaped billions of dollars at the box office.
OPEC Likely To Reject Iran Request For Discussion Of US Sanctions
Last month, Iranian oil minister Bijan Zanganeh asked OPEC to support it against new U.S. sanctions and signaled Tehran disagreed with Saudi Arabia's views on the possible need to increase global oil supplies.
Google Bars Uses Of Its Artificial Intelligence Tech In Weapons
The restriction could help Google management defuse months of protest by thousands of employees against the company's work with the U.S. military to identify objects in drone video.
Disney, Fox Carved Out Assets 'Surgically', US Antitrust Chief Says
As Fox prepares to weigh a rival offer for the assets, antitrust considerations acquire special significance.
Venezuela Releases Chevron Executives Held Since April
Carlos Algarra and Rene Vasquez were arrested by intelligence agents at Chevron’s Puerto La Cruz offices in Venezuela.
Number of US Diplomats In China Hit By Mystery Illness: State Department
The mysterious ailment resembles brain injury, similar to the kind that has already affected U.S. personnel in Cuba.
ZTE Ban: Congress Has Few Options To Stop Trump From Relaxing Penalties
A seven-year ban was imposed on the company in April for breaking a 2017 agreement reached after it was caught illegally shipping goods to Iran and North Korea.
Bolton Takes Back Seat, But Remains Looming North Korea Summit Presence
Pompeo has taken the lead as the administration assumes a softer tone toward Pyongyang ahead of the summit, several U.S. officials said.
China's ZTE Signed Preliminary Agreement To Lift US Ban: Sources
ZTE Corp has signed an agreement in principle that would lift a Commerce Department ban on buying from U.S. suppliers, allowing the Chinese telecommunications equipment maker to get back into business, according to sources familiar with the matter.
Japan PM Seeks Trump's Assurances Over North Korea In Latest Two-Way Chat
Abe has spoken to Trump 30 times since he became president, including eight face-to-face meetings.
US Economy: Can More Women In The Workforce Mean A Boom To Global Stocks?
The secret to unlocking a further $6 trillion of gains in global stocks and adding another 10 years to this bull run? Forget tax cuts and share buybacks, women are key, according to research by S&P Global.
Australia Charges Investment Banks With Alleged Cartel Activity
The Australian Competition and Consumer Commission (ACCC) on Friday said federal prosecutors would charge Australia and New Zealand Banking Group Ltd (ANZ), Deutsche and Citigroup for alleged cartel behavior.