Tesla Inc has asked the Trump administration to exempt the Chinese-made car computer “brain” of its new Model 3 sedan from 25 percent tariffs imposed in August, saying they threaten the electric carmaker’s bottom line.
The two largest smart phone makers in the world supply a majority of their own modem chips to help their devices connect to wireless data networks, according to evidence presented at an antitrust trial for chip supplier Qualcomm Inc .
California utility company PG&E Corp is exploring filing some or all of its business for bankruptcy protection as it faces billions of dollars in liabilities related to fatal wildfires in 2018 and 2017, people familiar with the matter said on Friday.
President Donald Trump on Friday downplayed a revenue warning by Apple Inc and said slowing economic growth in China puts the United States in a strong position as negotiators from the world’s two largest economies prepare for trade talks next week.
Federal Reserve Chairman Jerome Powell on Friday sought to ease market concerns that the U.S. central bank was ignoring signs of an economic slowdown, saying he was aware of the risks and would be patient and flexible in policy decisions this year.
Wall Street rebounded on Friday to close at its highest in two weeks after a strong jobs report and assurances from Federal Reserve Chairman Jerome Powell that the central bank would be patient and flexible in steering the course of interest rates.
Wall Street rebounded on Friday to close at its highest level in two weeks after a strong jobs report and assurances from Federal Reserve Chairman Jerome Powell that the central bank would be patient and flexible in steering the course of interest rates.
PG&E Corp , the electricity provider in the northern California region ravaged by a deadly wildfire, said it was searching for new directors at its holding company and its utility subsidiary Pacific Gas and Electric Co.
Federal Reserve Chairman Jerome Powell on Friday sought to ease market concerns that the central bank was ignoring signs of an economic slowdown, saying he was aware of the risks and would be patient and flexible in policy decisions this year.
The U.S. Supreme Court on Friday agreed to hear an appeal filed by a subsidiary of chipmaker Broadcom Inc seeking to put an end to a shareholder lawsuit concerning its 2015 acquisition of Emulex Corp.
Apple Inc’s chief executive Tim Cook has his work cut out in China this year: the iPhone maker faces the looming threat of a court-ordered sales ban, the uncertain outcome of trade war talks and the roll-out of a new 5G network, where it finds itself behind rivals like Huawei and Samsung.
Wall Street rebounded on Friday after a strong payrolls report and remarks from Federal Reserve Chairman Jerome Powell that suggested the central bank would be flexible with monetary policy.
Federal Reserve Chairman Jerome Powell on Friday said he would not resign even if President Donald Trump asked him to do so, a clear assertion of the U.S. central bank’s independence in the face of Trump’s strident criticism of the Fed’s rate hikes.
A federal judge overseeing lawsuits alleging Bayer AG’s glyphosate-based Roundup weed killer causes cancer on Friday declined to reconsider a ruling that limits evidence the plaintiffs in the litigation consider crucial to their cases.
Equities around the globe rallied on Friday while bond yields rose after sharply declining earlier in the week as U.S. employment data pointed to economic strength and Federal Reserve Chair Jerome Powell said the U.S. central bank would be patient with its monetary policy.
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