Business

Business Briefs – May 20, 2019

Report: More Companies in China Handing Over Technology BEIJING (AP) – A business group says the number of foreign companies in China that feel compelled to hand over technology has…

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Stocks Fall as Huawei Ban Prompts Sell-Off in Chipmakers

Chipmakers and other technology companies pulled U.S. stocks lower Monday, extending the market’s losses. The U.S. decision to ban technology sales to China’s Huawei hammered the tech sector, particularly chipmakers.…

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Ford to Cut 7,000 White-Collar Jobs

Ford is cutting about 7,000 white-collar jobs, which would make up 10% of its global workforce. The company has said it was undertaking a major restructuring, and on Monday said…

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Business Briefs – May 19, 2019

Mounting Tensions With Iran, China Leave Oil Prices in Flux NEW YORK (AP) – A rare mix of geopolitical tensions in the Middle East and China is tugging oil prices…

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This Once-Mocked ’90s Wagon Is Now a Hot Item

  There’s a way to get a Corvette inside a station wagon. Just buy a Buick Roadmaster Estate wagon. You remember them. These are the long, eight-passenger, wooden-sided wagons that…

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Asian Shares Shudder as Beijing Talks Tough

Asian shares suffered a fresh bout of the shakes on Friday as tough words on trade from China’s media drowned out upbeat news on the U.S. economy and corporate earnings.…

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Business Briefs – May 17, 2019

Countertops and Rubber Bands: U.S. Pursues Obscure Trade Cases WASHINGTON (AP) – President Donald Trump’s high-profile trade offensives have grabbed headlines and rattled financial markets around the world. He’s battling…

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U.S. Stock Indexes Extend Winning Streak to 3rd Day

Stocks closed broadly higher on Wall Street for the third straight day Thursday, led by solid gains in technology companies and banks. The latest gains extend the market’s turnaround from…

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