United States Secretary of State Mike Pompeo spoke out against China’s threat to restrict visas for Americans before Beijing increases its control over Hong Kong after a security law was reportedly passed which, according to critics, undermines the judicial independence of the semi-autonomous territory. FOX BUSINESS: UNITED STATES COMPLETES HONG …
Read More »BP sells petchems arm for $ 5 billion in energy transition renovation
LONDON (Reuters) – BP (BP.L) agreed to sell its global petrochemicals business to billionaire Jim Ratcliffe’s Ineos for $ 5 billion, leaving a sector widely seen as a key driver of growth in oil demand in the coming decades. FILE PHOTO: A BP logo at a service station in London, …
Read More »Apple managed iOS 14, but the feds are in their monopoly on the Netflix-breaking App Store
Apple takes no risk after the release of iOS 13, full of bugs, and has managed apparently just as easy to run on the first brush as the current stable version of iOS. It also introduced a new way of viewing apps, with App Clips allowing you to use a …
Read More »Premarket Actions: The Federal Reserve now owns Walmart’s debt. Here’s why it’s important
These are just a few of the companies whose debt was absorbed by the Federal Reserve in mid-June, part of the central bank’s unprecedented intervention in credit markets. CNN’s parent company AT&T is another. What’s Happening: The Fed revealed hundreds of millions of dollars in purchases of individual corporate bonds …
Read More »Fox Sells US Golf Association Rights, US Open, to NBC Sports – Deadline
Fox has sold the media rights to NBC Sports to the United States Golf Association, including the US Open, with the agreement running for years until 2027. NBC owns the Golf Channel and has the rights to the PGA Tour. The Wall Street Journal, which first reported the story, said …
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