Business

US, China putting trade war on hold after progress in talks

China US Trade

The world's two biggest economies are pulling back from the brink of a trade war after making...

Business

Sony buys most of EMI Music, to spend $9B on image sensors

Japan Sony

TOKYO (AP) — Electronics and entertainment company Sony Corp. said Tuesday it plans to spend $2.3 billion acquiring an additional 60 percent stake in EMI Music Publishing, home to the Motown catalog and contemporary artists like Kanye West, Alicia Keys and Pharrell Williams. Sony already owns 30...


Business

Women cite 'grass ceiling' in male-dominated weed industry

Women and Weed

JUNEAU, Alaska (AP) — When Danielle Schumacher attended her first convention of marijuana activists about 15 years ago, she could count on one hand all the women in a room of older men. The lack of diversity struck the then-college student, who remembers feeling out of place but also determined to...


Government

US clings to health coverage gains despite political drama

Uninsured

WASHINGTON (AP) — The U.S. clung to its health insurance gains last year, an unexpected outcome after President Donald Trump’s repeated tries to take apart the Obama-era coverage expansion, according to a major government survey released Tuesday. Overall, the survey from the Centers for Disease...


Business

Facebook's chief due to face new test in front of European lawmakers

(c) 2018, The Washington Post. Facebook chief executive Mark Zuckerberg is set to field tough questions on Tuesday from European policymakers who are investigating the social network’s recent privacy mishaps - and they could seek to make an example out of the company as the region’s new data-...


Business

Asian markets mostly lower after Wall Street gains

Financial Markets Wall Street-4

BEIJING (AP) — Asian markets were mostly lower Tuesday after Wall Street gained as Italy moved toward forming a euroskeptic-led government. KEEPING SCORE: The Shanghai Composite Index declined 0.2 percent to 3,208.20 and Sydney’s S&P-ASX 200 lost 0.7 percent to 6,039.20. Tokyo’s Nikkei 225 edged up...


Business

Result of US-China talks: Short-term relief, long-term risks

Trump

WASHINGTON (AP) — In the short run, a truce in the trade conflict between the United States and China has lightened tensions, halted the immediate threat of U.S. tariffs on China’s goods and cheered stock markets. The long-run picture may not be so sunny. The outcome of last weekend’s talks upset...


Business

Barack and Michelle Obama are becoming television and film producers for Netflix

(c) 2018, The Washington Post. Netflix announced a production deal Monday with Barack and Michelle Obama that calls for the former first couple to create a wide range of content for the streaming service. The deal, talks for which had first been reported in March, will encompass a wider range of...


Business

Trump's next round of trade limits could hurt the US tech industry he wants to help

(c) 2018, The Washington Post. SOMERVILLE, Mass. - Housed in a 19th-century meatpacking plant, Formlabs boasts all the accoutrements of American high-tech success: exposed brick walls and ductwork, a morale-boosting pool table, and plenty of young employees hammering away at laptops. The maker of...


Business

A huge European security regulation that affects many U.S. companies takes effect this

(c) 2018, The Washington Post. The European Union’s General Data Protection Regulation, or GDPR, goes into effect on May 25. Is your company ready? The objective of the regulation, which passed in 2016, is to simplify and consolidate rules that companies need to follow in order to protect their...


Business

Stocks rise, investors cheer easing trade tensions

(c) 2018, Bloomberg. U.S. stocks surged Monday as the Trump Administration sought to calm a potential trade dispute with China. The dollar surrendered earlier gains and turned lower, Treasuries steadied, and traditional havens such as the yen and gold tumbled. Major equity gauges were higher from...


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