SHANGHAI / SHENZHEN, China (Reuters) – Huawei Technologies Co [HWT.UL] It will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of US pressure on the Chinese tech giant mounts. FILE PHOTO: The Huawei company logo is seen at Shenzhen International Airport …
Read More »After “warning light”, British Prime Minister stops COVID blockade
LONDON (Reuters) – British Prime Minister Boris Johnson postponed a planned relief from the coronavirus blockade in England on Friday after an increase in infections amplified fears of a second fatal increase in COVID-19 cases. People wear protective masks as they walk through Manchester as the city and surrounding area …
Read More »US STOCKS-S & P 500, Dow slide as pandemic nerves make up for technological euphoria
(For a live blog on the US stock market, click or type LIVE / in a news window) * Apple, Facebook at all-time highs after strong results * Dow overwhelmed by Chevron and Exxon losses * Indices: S&P up 0.15%, Nasdaq adds 0.86%, Dow off 0.13% (Updates to open) By …
Read More »Boston Marathon attacker Dzhokhar Tsarnaev’s death sentence rejected by the appeals court
BOSTON (Reuters) – A federal appeals court overturned the death sentence of Boston Marathon attacker Dzhokhar Tsarnaev on Friday for helping carry out the 2013 attack, which killed three people and wounded more than 260. FILE PHOTO: Boston bombing suspect Dzhokhar Tsarnaev is shown in this file photo presented as …
Read More »United States consumer spending continues; declining revenue poses a challenge
WASHINGTON (Reuters) – US consumer spending rose for the second month in a row in June, setting consumption for a third-quarter rebound, though the recovery could be limited by a resurgence in COVID-19 cases and the end of expanded unemployment benefits. Concerns about skyrocketing coronavirus infections and expiring unemployment benefits …
Read More »