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Trump heads to Japan with Sumo wrestling and golf on the agenda

1 month ago   |   By

The trip, the first of two the president is expected to make to the country in the next six weeks, is more of social call to highlight the alliance between the countries.
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A Wall Street firm figured out how much money Google will sacrifice by cutting off Huawei

A Wall Street firm figured out how much money Google will sacrifice by cutting off Huawei

1 month ago   |   By

President Trump's blacklisting of Huawei led Google to announce that it would be pulling its Android license from smartphones made by the Chinese manufacturing giant.
That means users with new Huawei devices will no longer be able to download apps from the Play Store , which could cost the tech giant hundreds of millions of dollars per year.
Analysts at Nomura Instinet wrote that Google could lose between $375 million and $425 million per year in a "worst case" scenario from the Huawei ban.
Managing Director at Wedbush Securities, Dan Ives, estimates that it will be closer to $150 million...
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Trump's Huawei crackdown could hit Trump country hardest

Trump's Huawei crackdown could hit Trump country hardest

1 month ago   |   By

The fallout from President Donald Trump's Huawei crackdown may fall hardest on his rural base, already suffering from his earlier aggressive trade moves. The Commerce Department's decision last week to put the Chinese telecom giant on a trade blacklist is causing panic among small wireless providers, many of them in Trump-friendly parts of the country, which have Huawei equipment in their networks. And they warn they'll face big costs, potentially hundreds of millions of dollars, if they have to rip out and replace it. Amid industry lobbying, the administration gave U.S. companies a 90-day...
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Alexandria Ocasio-Cortez applauds Wayfair workers speaking out against...

Alexandria Ocasio-Cortez applauds Wayfair workers speaking out against migrant camps as backlash against the company brews online

Rep. Alexandria Ocasio-Cortez voiced support for Wayfair workers speaking out against the company's alleged sales of furniture to outfit migrant detention facilities on... Read more ...

Fed Chief Jerome Powell just issued the strongest signal yet that the...

Fed Chief Jerome Powell just issued the strongest signal yet that the central bank will soon cut interest rates

Trade uncertainty and other global strains have risen in recent months and could lead the Federal Reserve to lower borrowing costs, Chairman Jerome Powell signaled Tuesday. "If... Read more ...

Boeing Has So Many Grounded Jets, It's Parking Them In The Employee Lot

Boeing Has So Many Grounded Jets, It's Parking Them In The Employee Lot

The 737 Max remains grounded following two deadly crashes that together killed 346 people. Read more ...

A Whole Lot Of Improv: Southwest Readjusts To A World Without The Boeing 737 Max

A Whole Lot Of Improv: Southwest Readjusts To A World Without The Boeing 737 Max

Southwest Airlines is the biggest operator of Boeing's 737 Max in the U.S. While the plane remains grounded following two fatal overseas crashes, Southwest has had to juggle... Read more ...

Self-driving vehicle startup Drive.ai slams the brakes, lays off employees

Self-driving vehicle startup Drive.ai slams the brakes, lays off employees

Drive.ai is ceasing all operations and laying off 90 employees, according to documents filed with California state regulators. Read more ...

A billionaire who built 2 Fortune 500 companies just joined the chorus of...

A billionaire who built 2 Fortune 500 companies just joined the chorus of ultra-wealthy Americans begging to be taxed more

Billionaire entrepreneur and philanthropist Eli Broad thinks the wealthiest Americans need to pay more taxes, according to an editorial he wrote for The New York Times on June... Read more ...

Which ingredients are worth saving in Harry Potter: Wizards Unite

Which ingredients are worth saving in Harry Potter: Wizards Unite

Brewing potions takes ingredients, but some ingredients are better to pick up than others at higher levels. Once you reach level four in Harry Potter: Wizards Unite you can... Read more ...

BB&T warns of bank scam where targeted customers could lose lots of money

BB&T warns of bank scam where targeted customers could lose lots of money

BB&T is warning customers of a new scam going around where their customers are being targeted and money taken from them. Read more ...

Some ICE officers are reportedly furious with how Trump is handling...

Some ICE officers are reportedly furious with how Trump is handling immigration issues and are wondering 'what the hell is going on' at the border

Immigration and Customs Enforcement agents are reportedly angry over poor planning of a series of immigration raids that were recently called off. One ICE officer told The New... Read more ...

Republican congressman illegally used campaign money for his extramarital...

Republican congressman illegally used campaign money for his extramarital affairs, DOJ says

The Department of Justice accused Republican Rep. Duncan Hunter of illegally spending campaign funds to "carry out a series of intimate relationships" with several women... Read more ...