A 5G logo is seen at a Huawei Authorized Experience Store on May 29, 2020 in Beijing, China. Qin Luyao | VCG | fake pictures The United States Federal Communications Commission (FCC) has officially designated Huawei and ZTE’s national security threats. That means companies cannot use a $ 8.3 billion …
Read More »Cramer breaks down his favorite shares from a record second quarter
CNBC’s Jim Cramer on Tuesday reviewed the top winning stocks in the past three months after the second quarter, which was defined by the push-pull effects of the pandemic and the ongoing economic recovery, came to an end. “I would say that the most impressive actions from my point of …
Read More »Boeing kept the FAA in the dark on key design changes to the 737 MAX, according to a report.
The Boeing Co. 737 fuselage sections are located on the assembly floor at Spirit AeroSystems in Wichita, Kansas. Daniel Acker | Bloomberg | fake pictures Boeing did not submit the certification documents to the US Federal Aviation Administration (FAA) detailing the changes to a key flight control system in two …
Read More »Caixin / IHS Markit June 2020 Manufacturing PMI
The results of a private survey released on Wednesday showed that China’s manufacturing activity expanded and exceeded expectations in June, reaching its highest level since December 2019. The Caixin / Markit Manufacturing Purchasing Manager ratio reached 51.2. Economists polled by Reuters had expected 50.5, compared to 50.7 in May. PMI …
Read More »China reveals details of Hong Kong’s national security law
Pedestrians pass by a government-sponsored announcement promoting a new national security law on June 30, 2020 in Hong Kong, China. Billy HC Kwok | fake pictures BEIJING – The Chinese central government passed a new security law for Hong Kong that came into effect just hours before the 23rd anniversary …
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