Business

In this March 6, 2019, photo, a 5G logo is displayed on a screen outside the showroom at Huawei campus in Shenzhen city, China's Guangdong province. Australia’s ban on Chinese telecoms giant Huawei’s involvement in its future 5G networks and its crackdown on foreign covert interference are testing Beijing’s efforts to project its power overseas. In its latest maneuver, China sent three scholars to spell out in interviews with Australian media and other appearances steps to mend the deepening rift with Beijing - a move that appears to have fallen flat. (AP Photo/Kin Cheung, File)
October 15, 2019 - 11:23 am
LONDON (AP) — Germany has released draft security guidelines for next generation wireless networks that stop short of banning Huawei, as the U.S. warned again it would reconsider intelligence sharing with allies that use the Chinese company's equipment. The Federal Network Agency issued rules on...
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FILE - In this May 29, 2019, file photo, a man uses his smartphone outside of a shop selling Huawei products at a shopping mall in Beijing. The New York Times reports the Trump administration plans to issue licenses to U.S. companies to supply “non-sensitive goods” to Chinese tech giant Huawei in a move that might help to cool tensions ahead of trade talks. (AP Photo/Mark Schiefelbein, File)
October 15, 2019 - 11:19 am
HELSINKI (AP) — Chinese telecom company Huawei on Tuesday criticized the Estonian government and media for spreading what it says are "arbitrary and unfounded" allegations about cybersecurity risks related to the company's mobile phones. Hong Yang, head of Huawei's Baltic consumer business, said in...
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FILE - In this Aug. 6, 2019, file photo, a woman walks by a money exchange shop decorated with different countries currency banknotes at Central, a business district in Hong Kong. The IMF’s latest World Economic Outlook comes on the eve of meetings in Washington this week of the IMF and its sister lending organization, the World Bank. (AP Photo/Kin Cheung, File)
October 15, 2019 - 10:48 am
WASHINGTON (AP) — The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis, primarily because of widening global conflicts. The IMF's latest World Economic Outlook released Tuesday...
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FILE - In this Oct. 9, 2019, file photo a member of the United Auto Workers walks the picket line at the General Motors Romulus Powertrain plant in Romulus, Mich. General Motors CEO Mary Barra joined negotiators at the bargaining table Tuesday, Oct. 15, an indication that a deal may be near to end a monthlong strike by members of the United Auto Workers union that has paralyzed the company’s factories. (AP Photo/Paul Sancya, File)
October 15, 2019 - 10:47 am
DETROIT (AP) — General Motors CEO Mary Barra joined negotiators at the bargaining table, an indication that a deal may be near to end a monthlong strike by members of the United Auto Workers union that has paralyzed the company's factories. Barra and GM President Mark Reuss were in the bargaining...
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October 15, 2019 - 10:46 am
WASHINGTON (AP) — The International Monetary Fund said Tuesday it welcomes the decision by Ecuadorian President Lenín Moreno to cancel an austerity package following more than a week of protests. Gita Gopinath, IMF's chief economist, said the agency welcomes the attempt "to bring in all...
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Firemen march as they protest with hospital staff on wages, working conditions and pensions, Tuesday, Oct. 15, 2019 in Paris. (AP Photo/Michel Euler)
October 15, 2019 - 9:03 am
PARIS (AP) — Thousands of French firefighters are protesting low pay and difficult working conditions and say they want to know they have the government's support. Tuesday's protest comes two weeks after a similar protest by police in the streets of Paris. Holding aloft smoky flares and wearing...
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FILE- This Nov. 14, 2018, file photo shows Lubriderm, a Johnson & Johnson product, on display at a market in Pittsburgh. Johnson & Johnson reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Gene J. Puskar, File)
October 15, 2019 - 7:37 am
NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson's third-quarter profit jumped 23%, beating Wall Street forecasts, thanks to higher sales of its key medicines for cancer and immune disorders and an acquisition-related charge a year earlier. The world's biggest maker of health care products also...
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Protestors of the environmental activist group extinction rebellion camp during a demonstration during a rainy morning at Trafalgar Square in London, Monday, Oct. 14, 2019.(AP Photo/Frank Augstein)
October 15, 2019 - 7:03 am
LONDON (AP) — Climate protesters in London plan to keep up their campaign despite being ousted by a police order from their Trafalgar Square encampment. The Metropolitan Police had said Extinction Rebellion protesters and their tents must leave the square by Monday evening. The force said it was a...
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A man stretches in front of an electronic stock board of a securities firm in Tokyo, Tuesday, Oct. 15, 2019. On Tuesday, shares are mixed in Asia after a wobbly day of trading on Wall Street. Japan’s Nikkei 225 index jumped 1.8% as it reopened from a public holiday and investors caught up on the news of a preliminary trade deal between China and the U.S. (AP Photo/Koji Sasahara)
October 15, 2019 - 6:16 am
BANGKOK (AP) — Stock markets mostly rose on Tuesday as investors gauged the outlook for the U.S.-China trade dispute and looked to earnings reports from large banks. Germany's DAX advanced 0.4% to 12,537 and the CAC 40 in Paris gained 0.6% to 5,674. London's FTSE 100 was down 0.4% at 7,185. In New...
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This Thursday, Nov. 29, 2018, photo shows a Wells Fargo bank location in Philadelphia. JPMorgan Chase & Co. reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Matt Rourke)
October 15, 2019 - 6:15 am
NEW YORK (AP) — JPMorgan Chase & Co. says profits grew by 8% in the third quarter compared with a year earlier, helped partly by higher interest rates and a better-than-expected performance in its investment banking business. The nation's largest bank by assets said it earned $9.08 billion, or...
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