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Report: US expected to give Huawei another 90-day export license
Back in May, the US government placed an export ban on Huawei barring US companies (and companies using US-origin technology) from doing business with…
Aug 17, 2019 20:35 UTC Business Read More

Report: Huawei Could Get 90 More Days to Buy American Parts to Fill Pre-Blacklist Orders
Though U.S. trade sanctions are still in effect, Huawei Technologies will have an additional 90 days to buy from American companies so it can wrap up work with…
Aug 17, 2019 18:20 UTC Business Read More

The Star Trek And Mission: Impossible Franchises Have Exciting Expansion Plans
Yes, now that CBS and the Paramount-owning Viacom are merging, they can "boldly go" in many creative new directions for Star Trek, Mission: Impossible, and…
Aug 17, 2019 17:48 UTC Business Read More

Walmart Keeps On Pushing Back At Amazon And Wins
Retail giant Walmart keeps on pushing back against Amazon, winning more on-line sales. Last week, the company reported a 2.8% jump in same-store sales…
Aug 17, 2019 16:20 UTC Business Read More

The Celebrity Edge was named the best new cruise ship of 2018. It has a 14000 square-foot spa and a luxury suite that comes with a butler — here's what it looks like.
Celebrity Cruises' Celebrity Edge can hold a total of 2918 passengers and 1320 crew members and boasts high-end amenities.
Aug 17, 2019 15:12 UTC Business Read More

My Mostly OK Maisel Day (Column)
To promote the show "The Marvelous Mrs. Maisel," Amazon sponsored a day of deals at 1959 prices. One reporter tries to get them all.
Aug 17, 2019 14:59 UTC Business Read More

SoftBank reportedly plans to lend employees as much as $20 billion to invest in its VC fund
SoftBank has a plant to loan up to $20 billion to its employees, including CEO Masayoshi Son, for the purposes of having that capital re-invested in SoftBank's…
Aug 17, 2019 14:59 UTC Business Read More

White Claw won over the "bros." Now, Natty Light, PBR, and Four Loko want to win them back with even boozier hard seltzer.
In the past week, Natural Light, PBR, and Four Loko have all announced plans to roll out hard seltzers.
Aug 17, 2019 13:49 UTC Business Read More

It was a wild week on Wall Street
New York (CNN Business) It was far from the dog days of summer on Wall Street this past week. Investors went on a roller coaster ride after the markets reacted…
Aug 17, 2019 13:38 UTC Business Read More

The doomsday warnings about the US housing market are getting it backward
People are worried that the US housing market is declining and few Americans are buying homes. But that isn't the case.
Aug 17, 2019 13:15 UTC Business Read More

The strangest and most alarming things in WeWork's IPO filing
The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May.
Aug 17, 2019 12:56 UTC Business Read More

GE stock is fast recovering, but short seller investigator Harry Markopolos got his digs in
Fraud finder Harry Markopolos took GE stock down more than 11% in one day with a dizzying array of charts and numbers, but also some choice words…
Aug 17, 2019 12:26 UTC Business Read More

T-Mobile-Sprint merger: How to decide if you should switch
With the T-Mobile-Sprint deal nearing approval, the combined company will be more than an alternate choice when shopping for a US wireless carrier.
Aug 17, 2019 11:59 UTC Business Read More

Tensions Over Huawei Are About to Hit the U.S.-China Trade War Again
The next twist in the U.S.-China trade conflict could come Monday, when the U.S. has to figure out what to do about the restrictions it imposed on the…
Aug 17, 2019 11:59 UTC Business Read More

Harvard University Sold Apple and Facebook Stock — and Bought Alphabet
Harvard University's endowment made some bold stock trades in the calendar second quarter.
Aug 17, 2019 10:59 UTC Business Read More

China unveils rate reform to steer funding costs lower for firms
China's central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies and support a slowing economy that has…
Aug 17, 2019 10:38 UTC Business Read More

Delta flight's 8-hour delay frays passengers' nerves; police called to break up fight
Port Authority police officers at John F. Kennedy International Airport in New York City reportedly had to intervene after a fight broke out on a Delta flight that was…
Aug 17, 2019 10:05 UTC Business Read More

China’s Central Bank Reforms Rates to Boost Cheap Funding for Businesses
BEIJING—China's central bank on Saturday unveiled a long-awaited reform to its interest-rate mechanism, a move aimed at reducing financing costs for…
Aug 17, 2019 08:22 UTC Business Read More

These 10 ‘grey swan’ events could conspire to imperil global economy and markets
Even as high-probability risks capture the minds of investors, there is a growing combination of lower-probability risks, that could create even more...
Aug 17, 2019 05:37 UTC Business Read More

Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers sources
SINGAPORE/WASHINGTON (Reuters) - The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the…
Aug 17, 2019 04:41 UTC Business Read More

President Trump meets for dinner with Apple CEO Cook
The president announced via Twitter he was going to have a meal with Apple's CEO.
Aug 16, 2019 23:49 UTC Business Read More

Trump says Apple is spending 'vast sums of money in the U.S.' and he's having dinner with the CEO
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.
Aug 16, 2019 23:27 UTC Business Read More

Twin River Casino expects to layoff roughly 65 dealers
More job cuts are expected to come to Twin River Casino. The casino says it will now be laying off dealers in addition to laying off 30 table game supervisors.
Aug 16, 2019 23:19 UTC Business Read More

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