8:57 a.m. April 9, 2021
- By Victor Reklaitis
Ford, GM, Intel among companies due to participate in White House meeting on chip shortageNational Security Adviser Jake Sullivan and National Economic Council Director Brian Deese, joined by Commerce Secretary Gina Raimondo, will host a virtual "CEO Summit on Semiconductor and Supply Chain Resilience" on Monday afternoon amid the ongoing chip shortage, the White House said Friday. The White House also said the companies due to take part include Google parent Alphabet , AT&T , Cummins , Dell, Ford , General Motors , GlobalFoundries, HP , Intel , Medtronic, Micron, NXP, Paccar, Piston Group, Samsung, SkyWater Technology, Stellantis and Taiwan Semiconductor Manufacturing Company.
9:47 a.m. April 8, 2021
- By Victor Reklaitis
Biden officials to meet with companies on chip shortage next weekWhite House press secretary Jen Psaki on Thursday said National Economic Council Director Brian Deese and National Security Advisor Jake Sullivan will lead a meeting next week "with a number of companies" on the ongoing semiconductor . "It's part of our consulting processes. We're working to address an issue that's impacting a range of industries," Psaki told reporters. She also said the White House would release more details on the meeting "hopefully by tomorrow."
11:29 a.m. Nov. 9, 2020
- By Vitaliy Katsenelson
U.S.-China cold war over technology has this investing pro buying up defense stocks Icy relations between two superpowers could deteriorate even further, affecting investorsIcy relations between two superpowers could deteriorate even further, affecting investors, writes Vitaliy Katsenelson.
2:08 a.m. Sept. 14, 2020
- By Philip van Doorn
Did you miss out on Tesla’s big run? There are still good alternatives to play the electric-car revolution There’s money to be made from industry suppliers and even from some old manufacturersInvestors are pouring money into pure-play electric-vehicle stocks, but there’s money to be made from industry suppliers and even from some old manufacturers who are about to jump into the electric market.
7:58 a.m. Sept. 10, 2020
- By Michael Ashbaugh
Charting a bullish reversal, S&P 500 edges atop key resistance Focus: Japan and Europe steady amid market volatility, Apple retains $2 trillion market value, EWJ, IEV, AAPL, FIVE, DOW, EMU.S. stocks are higher early Thursday, rising after a mixed batch of economic data. Against this backdrop, the S&P 500 has sustained a slight break atop key resistance — its former breakout point (3,393) — though an extended retest remains underway.
5:00 a.m. Aug. 9, 2020
- By Emily Bary
Hot rookies and not-so-hot pot companies hop on the slowing earnings parade Earnings Watch: First earnings reports for Lemonade and Vroom, updates from Canopy Growth and Tilray will arrive after wave of better-than-expected results from bigger companiesCorporate profits have overwhelmingly exceeded low expectations so far this earnings season, but there are still plenty of wild cards left in the deck.
3:37 p.m. July 25, 2020
- By Ciara Linnane
Coronavirus update: U.S. counts more than 1,000 fatalities for a fourth straight day as virus spread accelerates in South and West ‘What we have now are essentially three New Yorks, with these three major states,’ says Dr. Deborah Birx The coronavirus illness COVID-19 claimed another 1,100 lives in the U.S. in a single day to push the death toll above 145,000 on Saturday, marking a fourth straight day of more than a 1,000 U.S. fatalities.
11:10 a.m. July 24, 2020
- By Ciara Linnane
Coronavirus update: Global case tally climbs to 15.6 million and U.S. hits 4.07 million as virus spreads fast in Florida, California and Texas Three members of the Dow Jones Industrial Average — Intel, American Express and Verizon — reported earnings with mixed resultsThe number of confirmed cases of the coronavirus illness COVID-19 climbed to 15.6 million on Friday, and the U.S. case tally hit 4.07 million as the virus continued to spread in the South and West and more states reported that health care systems are steadily being overwhelmed.
12:22 a.m. July 7, 2020
- By Lina Saigol
Huawei products could be banned from 5G networks in the U.K. as government considers policy U-turnBritish culture secretary says a decision to phase Huawei out of 5G networks could be made ‘within weeks.’
1:56 p.m. June 24, 2020
- Associated Press
Trump’s national-security adviser says U.S. ‘has finally awoken to the threat’ posed by China White House continues to react to former national-security adviser John Bolton book’s description of Trump as soft on ChinaPresident Donald Trump’s national security adviser warned China on Wednesday that the United States is waking up to the threat that it believes the Chinese Communist Party poses “to our great way of life” and will act to check the spread of Beijing’s ideology.
2:26 p.m. May 17, 2020
- Associated Press
China warns U.S. against new restrictions against Huawei China says it will ‘take all necessary measures’ to protect its companiesChina’s commerce ministry says it will take “all necessary measures” in response to new U.S. restrictions on Chinese tech giant Huawei’s ability to use American technology, calling the measures an abuse of state power and a violation of market principles.
7:08 a.m. May 15, 2020
- By Robert Schroeder
Trump administration moves to cut Huawei off from semiconductor suppliersThe Trump administration on Friday announced new rules targeting Chinese telecommunications-equipment company Huawei, in a move that came as tensions between Beijing and Washington are rising over the coronavirus pandemic.
4:36 a.m. May 15, 2020
- By Steve Goldstein
Bank of America on the new world order: Bigger governments, tech wars, less privacy, and ‘health the new wealth’Bank of America says the pandemic will accelerate many macro trends that would have taken five or more years to play out.