Foreign companies are turning their backs on the United States, taking advantage of China’s booming economy and superior management of the Covid-19 pandemic. Direct investment in the US by foreign …
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Text size Fastenal said it was raising its quarterly dividend. Luke Sharrett/Bloomberg BlackRock, Intel, Fastenal, and CMS Energy were among the companies that announced dividend increases this week. BlackRock (ticker: …
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The Federal Trade Commission issued multimillion-dollar fines against three bot-powered ticket scalping operations. The FTC says these organizations bought over 150,000 event tickets over the past four years, nabbing them …
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Enthusiasm for electric vehicles has long been held back by concerns about battery life, but what if drivers were able to charge their cars while driving? Several automotive, utility and …
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Text size The Chinese national flag at the entrance to the Zhongnanhai leadership compound in Beijing on May 18, 2020. NICOLAS ASFOURI/AFP/Getty Images Investors in Chinese companies may want to …
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Microsoft Corp. (MSFT), one of the world’s largest technology companies, was founded in 1975 by Bill Gates and Paul Allen in a garage in Albuquerque, New Mexico. Five years later, …
- Business
4 Companies To Join Hot IPO Market This Week, Bringing Exposure to Vaping Sales In China And Luxury E-Commerce
The hot IPO market continues with four more additions in the shortened four-day trading week ahead. Here’s a preview of what’s coming. Dream Finders Homes: One of the nation’s fastest growing …
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“The Department is determined to highlight and counter the People’s Republic of China’s (PRC) Military-Civil Fusion development strategy, which supports the modernization goals of the People’s Liberation Army (PLA) by …
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A health worker shows a dose of China’s Sinopharm Covid-19 vaccine at a vaccination center in the Jordanian capital Amman on January 13, 2021. Khalil Mazraawi | AFP | Getty …
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The US government has blacklisted Chinese smartphone maker Xiaomi Corp. and China’s third-largest national oil company for alleged military links, heaping pressure on Beijing in President Donald Trumps last week …
- News
Twitter’s Jack Dorsey admits internet companies have too much power and praises bitcoin as a model to change that
CEO of Twitter Jack Dorsey testifies remotely during the Senate Commerce, Science, and Transportation Committee hearing ‘Does Section 230’s Sweeping Immunity Enable Big Tech Bad Behavior’, on Capitol Hill in …
- News
Apple iPhone maker Foxconn teams up with Chinese automaker Geely to make cars for other companies
The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019. Sam Yeh | AFP | Getty Images Foxconn and Chinese carmaker Geely have created a …
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BrightDrop These two are the first in a BrightDrop “ecosystem” that will include both vehicles and software. The company will provide customers with a cloud-based platform, for instance, that can …
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It’s been a hot start to the year for the leading U.S. cannabis companies, and now many top players are preparing to double down. Following the wins in Georgia’s Senate …
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SINGAPORE — Fears of Chinese companies being kicked off U.S. stock exchanges will ultimately benefit China, according to consulting firm Bain & Company. That’s because those firms would look to …
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Sen. Mark Warner (D-Virginia), incoming chair of the Senate Intelligence Committee, is asking mobile carriers and social media platforms to preserve “content and associated metadata” that may be connected to …
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Photo: Britta Pedersen (Getty Images) Elon Musk’s march towards either overseeing one of the biggest stock market bubble pops in recent history or being the guy who opens a solar-powered …
- News
Beijing won’t retaliate strongly against the U.S. for delisting Chinese companies, analysts say
A woman adjusts a Chinese flag near U.S. flags. Ng Han Guan | AFP | Getty Images We will need to see if the Chinese government will take retaliation against …
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NEW YORK (AP) — Thousands of minority-owned small businesses were at the end of the line in the government’s coronavirus relief program as many struggled to find banks that would …
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The FCC has been adopting more and more measures to combat robocalls, and the latest set of rules (PDF) it’s implementing include limiting even non-telemarketing calls made to residential phones. …
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Social media companies like Facebook and YouTube have ramped up their policies against coronavirus misinformation and banned false claims about Covid-19 vaccines. But as the vaccine begins distribution, online accounts …
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A Lufax flag on display during an event in Shanghai, China to launch the company’s initial public offering on the New York Stock Exchange. Arjun Kharpal | CNBC BEIJING — …
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WASHINGTON: Federal regulators are ordering Facebook, Twitter, Amazon, TikToks parent and five other social media companies to provide detailed information on how they collect and use consumers personal data and …
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WASHINGTON: U.S. government agencies and private companies rushed Monday to secure their computer networks following the disclosure of a sophisticated and long-running cyber-espionage intrusion that experts said almost certainly was …
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State firms defaulted on a record 40 billion yuan ($6.1 billion) worth of bonds between January and October, according to Fitch Ratings. That’s about as much as the last two …
- General
Moody’s says outlook for India’s nonfinancial companies is ‘stable,’ expects sharp GDP rebound
Hand Rickshaws are parked on a roadside during the first day of a 21-day government-imposed nationwide lockdown as a preventive measure against the COVID-19 coronavirus, in Kolkata on March 25, …