Asian stocks skidded to a four-month low on Tuesday as U.S. President Donald Trump threatened new tariffs on Chinese goods in an escalating tit-for-tat trade war between the world’s two biggest economies … …read more […]
On Friday, Trump said he planned to push ahead with tariffs on $50 billion worth of Chinese imports. While chips were largely spared from the initial list of targeted goods released in April, U.S. trade officials on Friday released a second tariff list of 284 products worth $16 billion that includes the processor and memory chips at the heart of Intel’s business. …read more […]
(Reuters) – Intel Corp, the world’s biggest chipmaker by revenue and a prominent U.S. manufacturer, could avoid the most severe effects of a new list of Chinese tariffs proposed by U.S. President Donald Trump by shifting its production among its facilities, analysts said Monday.
HONG KONG (Reuters) – Shares of ZTE Corp plunged on Tuesday after the U.S. Senate’s passage of a defense bill set up a potential battle with the White House over whether the Chinese telecoms firm can resume business with its U.S. suppliers.
The newspaper reported that Cook travelled to the White House last month to warn Trump of the potentially adverse effects of Trump’s trade policies on Apple in China but did not specify precisely when Trump made the commitment to Cook. Apple and the White House were not immediately available for comment. …read more […]
(Reuters) – President Donald Trump told Apple Inc Chief Executive Tim Cook that the U.S. government would not levy tariffs on iPhones assembled in China, the New York Times reported on Monday, citing a source familiar with the negotiations.
TOKYO (Reuters) – Asian stocks extended a global downturn on Tuesday, while the safe-haven yen rose as U.S. President Donald Trump threatened new tariffs on Chinese goods in an escalating tit-for-tat trade war between the world’s two biggest economies that has rattled financial markets.
Tesla may have more trouble on its hands than layoffs and production …read more […]
WASHINGTON (Reuters) – U.S. President Donald Trump threatened on Monday to impose a 10 percent tariff on $200 billion of Chinese goods, escalating a tit-for-tat trade war with Beijing.
SAN FRANCISCO (Reuters) – Tesla Inc Chief Executive Elon Musk accused an employee of “extensive and damaging sabotage” to the company’s operations in an email sent on Monday to company employees.
Tesla Inc (TSLA.O) Chief Executive Elon Musk accused an employee of “extensive and damaging sabotage” to the company’s operations in an email sent on Monday to company employees. Musk said an employee had made code changes to the company’s operating system and exported “large amounts of highly sensitive Tesla data to unknown third parties,” according to the email, which was obtained by Reuters. The company is investigating whether the employee “was working with any outside organizations,” the email said. …read more […]
WASHINGTON (Reuters) – The U.S. Senate passed a $716 billion defense policy bill on Monday, backing President Donald Trump’s call for a bigger, stronger military but setting up a potential battle with the White House over Chinese telecommunications firm ZTE Corp .
LOS ANGELES (Reuters) – AT&T Inc is promising fewer commercials, smaller channel bundles and personalized programming now that it has taken over Time Warner channels in an $85 billion mega-merger.
Tesla Inc. Chief Executive Officer Elon Musk just invoked a late tech titan in urging workers to keep an eye out for any funny business after a fire briefly halted car output. In a “strange incident that was hard to explain,” a small fire on a manufacturing line in Tesla’s plant stopped production for several hours, Musk wrote in an email to employees Monday. Tesla can ill afford manufacturing setbacks now. …read more […]
CNBC’s Phil LeBeau reports on an email from Elon Musk obtained by CNBC about a fire Sunday night at the electric car company’s Fremont, California factory. …read more […]
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