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U.S. may scale back Huawei trade restrictions to help existing customers

Chinese army technician Ren Zhengfei founded Huawei with just $5,000 in seed money, according to company lore, but 32 years later it is at the centre of a titan...

Bitcoin Futures Soar as Record 33700 Contracts Trade on CME

The price of Bitcoin has gone from under United States dollars $4000.00 in March to topping $8000 in May representing a solid return if you were fortunate eno...

One Little Update Could Keep Teslas From Catching Fire

The vehicle drove beneath the trailer, killing the driver, in a crash that is strikingly similar to one that happened on the other side of Florida in 2016 that ...

Tesla Model 3: Autopilot engaged during fatal crash

Two seconds after that, the system registered that the driver's hands weren't on the wheel and they didn't register as being back on the wheel before the cra...

Uber Adds ‘Quiet mode’ In Luxury Service Upgrade

But if you're jetlagged or on the last leg of a wild Friday night, small talk may be the last thing you want. One of the more controversial options is a new "...

Walmart takes on Amazon in next-day delivery contest

The service, which Walmart is calling NextDay, is available in Phoenix and Las Vegas and is expected to launch in Southern California later this week. Walmart s...

Trump defends China trade negotiations as global markets fall

U.S. Agriculture Secretary Sonny Perdue said on May 10 that Trump had asked him to create a plan for supporting farmers. The survey-based unemployment stood at ...

Amazon offers to help employees start delivery business

Amazon first launched the " delivery service partner" program in 2018, requiring employees to invest in their own start and estimating revenues for up to US$3...

Asian stocks fall after China retaliates in trade war with US

Hong Kong , Australia and Taiwan fell. Over the weekend, US President Donald Trump offered mixed signals regarding his approach to trade negotiations with C...

United States targets $300B of Chinese goods for new tariff hikes

Cellphones and laptops would be included in that list but pharmaceuticals would be excluded, the office said. The events have cast doubt on the conventional w...

California jury awards couple $2 billion in Monsanto/Bayer Roundup cancer trial

Ken Cook, president of the Environmental Working Group said "The cloud hanging over Bayer will only grow bigger and darker, as more juries hear how Monsant...

What Trump's trade war with China means for American consumers

Speaking several hours later at a dinner gathering at the White House, Trump said it should be clear in "three or four weeks" if a USA trade delegation's tr...

After oil tankers damaged, Trump warns Iran

A Norwegian-flagged vessel, two Saudi oil tankers and a bunkering tanker flagged in Sharjah, one of the UAE's seven emirates, all suffered similar damage Sund...

Trump warns China not to retaliate against tariff hike

China's announcement earlier Monday of its plans to raise duties on some $60 billion in American imports starting June 1, defied a call from Trump to resist ...

President Urges Companies to Produce Domestically to Avoid Tariffs

Trump's views on trade helped forge his path to victory in states such as Pennsylvania, Michigan, Wisconsin and OH, where he linked the loss of manufacturing jo...

US Supreme Court Rules Against Apple, Allows Antitrust Suits

The dispute hinged in part on how the justices would apply a decision the court made in 1977 to the claims against Apple. If Apple is found to be a monopolist t...

Uber stock drops in rocky debut

The fall in shares undermined Uber's strategy of pricing its oversubscribed IPO conservatively at $45 a share to avoid a repeat of rival Lyft Inc's stock ma...

Lack of US-China trade deal weighs on Asian markets

One of Donald Trump's top economic advisers has acknowledged the president was wrong to suggest that China would pay tariffs on its exports to the US. Both si...

SBI gets two non-binding bids for Jet Airways

Earlier in the day, State Bank of India chairman Rajnish Kumar at a press conference to announce the financial results had said he was expecting a serious b...

Stock futures slip in Asia as US-China trade standoff rages

China's top negotiator said the two sides would meet again in Beijing at an unspecified date, but warned that China would make no concessions on "important prin...

Oil falls near 2pc as US-China trade war intensifies

U.S. West Texas Intermediate ( WTI ) crude futures settled down 42 cents at $61.70 per barrel. Brent is heading for its second weekly loss, down 0.6%. The Uni...

London jobless rate declines to 4.8%, participation rate drops again

Coupled with a rise in the participation rate to 69.1 per cent from 68.6, the province's unemployment rate saw a steep climb from 4.9 per cent to 5.4, but i...

US, China begin crucial trade talks as tariff clock ticks down

With this move, US President Donald Trump has effectively dealt a fresh blow to not just the Chinese economy - as he had presumably hoped - but also to US's. ...

Patents suggest Dyson’s electric vehicle drivers will sit in reclining position

Dyson said the patents were "deliberately light on specifics" but revealed some of the ways in which the firm was trying to improve on current electric vehicles...

VW ID3 electric vehicle exceeds expectations but trails Tesla

Volkswagen has just started the pre-booking process for customers in select European markets, and we are now awaiting confirmation on whether the ID.3 will be ...

Amazon's Echo Dot Kids violates privacy regulations, child advocates say

A coalition of groups on Thursday, May 9, 2019, is planning to ask the Federal Trade Commission to investigate whether Amazon is holding onto children's voic...

McDonald's offering 4 foreign favorites at U.S. restaurants in June

Uber shares slide into negative territory in initial moments of trading

He said that if you saw value in Uber at its IPO price of $45 U.S., nothing has changed in the last 48 hours. The ride-hailing company injected investors wi...

RBA Holds Cash Rate Steady Unexpectedly; Trims Growth And Inflation Outlook

Housing conditions remained soft and rent inflation remained low . The vast majority of economists believe it won't be, even though there's some indecision a...

Facebook Co-Founder Calls for Government to Break Up Mark Zuckerberg's Empire

Mr Hughes shared a room with Mr Zuckerberg at Harvard University in the United States and left Facebook in 2007 to campaign for Barack Obama . "It is ti...

GM Invests $170 Million to Save 300 Jobs in Oshawa

General Motors plant as the company invests $170 million to transform the facility. In November, GM announced plans to close the plant by the end of 2019, af...

China Retracted Commitment to End US IP Theft, Forced Technology Transfers

Officials did not speak to reporters as they left the talks. He appealed to Washington to avoid more tariff hikes, saying they are "not a solution" and would ...

GM autonomous unit Cruise valued at $19 bln in funding round

Cruise raised $2.25 billion from the SoftBank Vision Fund and $2.75 billion from Honda past year. Developing and deploying self-driving vehicles at massi...

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