No Picture
Business News

Exclusive: U.S. weighs new regulations to further restrict Huawei suppliers – sources

The U.S. government may expand its power to stop more foreign shipments of products with U.S. technology to China’s Huawei, amid frustration the company’s blacklisting has failed to cut off supplies to the world’s largest telecoms equipment maker, two sources said.

…read more […]

No Picture
Trading Ideas

Police Shoot Man Dead After London Terrorist Attack: U.K. Update

(Bloomberg) — Sign up to our Brexit Bulletin, follow us @Brexit and subscribe to our podcast.Armed police shot dead a suspected terrorist after an attack sent hundreds of people fleeing in the heart of London on Friday. Several civilians were believed to have been injured in a stabbing just before 2 p.m. in the London Bridge area on the edge of the capital’s financial center, police said.Prime Minister Boris Johnson broke away from the general election campaign to rush back to his Downing Street offices where he will be briefed on the events. Eight people were killed and 48 injured …read more […]

No Picture
Trading Ideas

UPDATE 1-PG&E says its distribution lines caused no deadly fires in 2019

California utility PG&E Corp has determined that no lives or structures were lost in 2019 due to wildfires that may have been caused by its distribution lines, according to a Friday court filing. PG&E has been using the mass blackouts to prevent igniting fires at times of high winds and low humidity. Six of the 10 most destructive wildfires in California history have been caused by electrical equipment or power lines. …read more […]

No Picture
Trading Ideas

Hedge Funds Cashed Out Of Inovio Pharmaceuticals Inc (INO) Too Early

The first quarter was a breeze as Powell pivoted, and China seemed eager to reach a deal with Trump. Both the S&P 500 and Russell 2000 delivered very strong gains as a result, with the Russell 2000, which is composed of smaller companies, outperforming the large-cap stocks slightly during the first quarter. Unfortunately sentiment shifted […] …read more […]