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5:12 p.m. Aug. 5, 2020 - Associated Press
Pompeo calls for ‘untrusted Chinese apps’ to be pulled from Apple, Google app stores Expansion of Chinese-tech crackdown comes without specifics, may be illegalU.S. Secretary of State Mike Pompeo on Wednesday called for a big expansion of U.S. government curbs on Chinese technology, saying that it wants to see “untrusted Chinese apps” pulled from the Google and Apple app stores
3:28 p.m. June 30, 2020 - By Mike Murphy
FCC designates China's Huawei, ZTE as national security threatsThe Federal Communications Commission on Tuesday officially designated Chinese telecom-equipment companies Huawei Technologies Inc. and ZTE Corp. as national security threats, in a move to protect U.S. communication networks -- in particular, emerging 5G networks. "Both companies have close ties to the Chinese Communist Party and China's military apparatus, and both companies are broadly subject to Chinese law obligating them to cooperate with the country's intelligence services," FCC Chairman Ajit Pai . The designation means that money from the FCC's $8.3-billion-a-year Universal Service Fund may not be spent on Huawei or ZTE equipment or services. The decision mainly effects smaller, rural U.S. telecom companies. The FCC initially barred spending on Huawei and ZTE products .
12:59 p.m. June 15, 2020 - By Joy Wiltermuth
Dow closes 158 points higher after Fed further eases path for big corporations to borrow during pandemic Raytheon is Dow’s biggest gainer; ViacomCBS leads S&P 500 higherU.S. stock benchmarks closed higher Monday, staging a major comeback in afternoon trade, after the Federal Reserve announced further steps to keep big businesses flush with credit during the pandemic, amid signs of a resurgence of the deadly COVID-19 pandemic in parts of the world.
5:23 a.m. May 20, 2020 - By Steve Goldstein
Here are the ‘hot dogs’ that hedge funds have used to outperform this yearHedge funds have relied on technology, internet, media and telecom companies and increasingly more health care companies to drive performance.
11:55 a.m. May 11, 2020 - By Ciara Linnane
Coronavirus update: Global case tally tops 4.1 million; South Korea reports cluster from Seoul nightclubs, and Wuhan, China, has 4 new cases Tesla sues California county stopping its Fremont plant from reopening and AMC stock soars on report of takeover talks with AmazonThe number of cases of COVID-19 rose above 4.1 million on Monday, as South Korea reported a new cluster stemming from Seoul’s nightclub district and China reported four new cases in Wuhan, the city believed to be the source of the outbreak late last year.
7:51 a.m. May 2, 2020 - By Ciara Linnane
Coronavirus update: More than a million people have recovered; Trump pushes China conspiracy theory Exxon Mobil posts first quarterly loss in decades, and Clorox produces a blowout report thanks to demand for disinfecting productsThe number of patients that have recovered from the coronavirus that causes COVID-19 rose to more than a million on Friday, offering a rare piece of good news in the pandemic that has caused more than 230,000 deaths and tanked economies around the world.
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