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China won't just play defence in trade war, Global Times says

China will not be content to only play defence in an escalating trade war with the United States, a widely read Chinese tabloid warned, as President Donald Trump was expected to announce new tariffs on $200 billion in Chinese goods as early as Monday. Beijing may also decline to participate in proposed trade talks with Washington later this month if the Trump administration goes ahead with the additional tariffs, the Wall Street Journal reported on Sunday, citing Chinese officials. The United States and China have already levied duties on $50 billion worth of each other’s goods in an …read more […]

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Asian shares tripped up by new U.S. tariff threat

Most Asian share markets slipped on Monday amid reports Washington was about to announce a new round of tariffs on Chinese imports, setting the stage for possible reprisals by Beijing. Liquidity was thin with Japan on holiday and moves in currencies and bonds were minor. Hong Kong markets opened as normal after a super typhoon brushed the city on its way to landfall in China’s Guangdong, the country’s most populous province. …read more […]

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Business + Coffee: VW kills the Bug, Bezos on Trump, Panthers owner on NFL protests

Friday, September 14: VW will stop producing the iconic Bug in 2019; Amazon CEO Jeff Bezos comments on President Trump and the media; Carolina Panthers owner David Tepper calls NFL players who protest “the most patriotic.” Yahoo Finance’s Dan Roberts delivers your news. …read more […]

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Verizon's ultrafast 5G home internet service will begin rolling out October 1 and offer download speeds 10 times as fast as the US average

Verizon will be the first internet service provider to offer a 5G home internet service. The service, called Verizon 5G Home, will offer customers higher speeds than most are used to. Verizon announced on Tuesday evening that it would begin selling the first 5G home internet service starting Thursday at 8 a.m. ET, with the service rolling out to four cities beginning October 1. …read more […]

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Salesforce CEO Marc Benioff and his wife are buying Time Magazine for $190 million

The announcement comes just eight months after Meredith Corp., publisher of several popular print publications, completed its purchase of Time. In a note relayed by Time editor-in-chief Edward Felsenthal, Benioff said he and his wife would have “no operational responsibility” for the weekly outlet, and acquired it as an investment. …read more […]