Business > U.S.

A California-based chip company just took a $2 billion hit following Trump's Huawei ban

1 month ago   |   By

Chipmaker Broadcom slashed its annual revenue outlook by $2 billion, marking one of the first instances in which the financial impact of Huawei's blacklisting on a US company have been partly quantified.
In its earnings report, Broadcom CEO Hock Tan attributed the slowdown to "geopolitical uncertainties" and "the effects of export restrictions on one of our largest customers."
"With respect to semiconductors it is clear that the U.S.-China trade conflict, including the Huawei export ban, is creating economic and political uncertainty and reducing visibility for global customers," Tan...
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Trump Says He Won't Fire Kellyanne Conway Despite Report Finding “Persistent, Notorious, and Deliberate” Hatch Act Violations

Trump Says He Won't Fire Kellyanne Conway Despite Report Finding “Persistent, Notorious, and Deliberate” Hatch Act Violations

1 month ago   |   By

“She's just a great person... It looks to me like they're trying to take away her right to free speech."
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Trump says he won't fire Kellyanne Conway for improperly slamming his rivals

1 month ago   |   By

President Trump said Friday “it's just not fair” to muzzle Kellyanne Conway - and insisted he wouldn't fire his combative spokeswoman despite a recommendation by a federal watchdog agency. “No, I'm not going to fire her. I think she's a terrific person,” Trump told Fox News. Trump noted that Conway...
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‘I'm Not Going to Fire Her.' Trump Says Kellyanne Conway Has Been Loyal

1 month ago   |   By

President Donald Trump said he won't fire White House adviser Kellyanne Conway following a government watchdog's recommendation she be "removed from federal service" for disparaging Democratic presidential candidates in her official capacity as a senior White House adviser."No, I'm not going to fire her," Trump said Friday during a phone interview with Fox News. "She's been loyal."
Conway repeatedly violated the Hatch Act , which prohibits government officials from conducting politics while acting in their capacity as a federal employee, the independent U.S. Office of Special Counsel said...
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Trump says he won't fire Kellyanne Conway over Hatch Act violations

1 month ago   |   By

WASHINGTON - President Donald Trump says he won't fire White House counselor Kellyanne Conway after a federal watchdog agency recommended her removal for repeatedly violating a law that limits political activity by government workers.
Trump tells Fox & Friends that he was briefed on the Office of Special Counsel investigation Thursday and says “it looks to me like they're trying to take away her right of free speech and that's just not fair.”
OSC, which is unrelated to special counsel Robert Mueller's office, said in a letter to Trump that Conway has been a “repeat offender” of the Hatch...
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Trump says he won't fire Kellyanne Conway

Trump says he won't fire Kellyanne Conway

1 month ago   |   By

President Donald Trump said on Friday that he has no plans to fire top aide Kellyanne Conway after an independent federal agency recommended that she be removed from her job after she repeatedly used her office for political purposes. The U.S. Office of Special Counsel sent a report to Trump on Thursday that said Conway repeatedly violated the Hatch Act by criticizing Democratic presidential candidates while speaking in her official capacity. It was the first time the office made such a recommendation for a White House official. On Friday, Trump fiercely defended Conway and criticized the...
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Kellyanne Conway Is Only One Part of Trump's Big Problem

1 month ago   |   By

News that the US Office of Special Counsel has recommended that Donald Trump's adviser be removed from federal service for repeatedly volating the Hatch Act is only the latest case in which Trump administration officials have been accused of misbehavior or violating laws and rules, writes Jill Filipovic. And one of the few where there's even a glimmer of hope that there could and should be consequences.
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Here are the 4 Republicans who voted in the House to condemn Trump's 'racist...

Here are the 4 Republicans who voted in the House to condemn Trump's 'racist comments'

The US House of Representatives voted Tuesday afternoon on a resolution to condemn US President Donald Trump's "racist comments" against four Democratic congresswomen. Four... Read more ...

Twitter says Trump's racist tweets aren't a violation of its new policies

Twitter says Trump's racist tweets aren't a violation of its new policies

President Donald Trump directly targeted a group of four Congresswomen in a series of statements published to Twitter on Sunday. The president's tweets were targeted at four... Read more ...

CNN faces backlash after interviewing white nationalist Richard Spencer...

CNN faces backlash after interviewing white nationalist Richard Spencer about Trump's racist tweets

CNN sparked heavy criticism on social media on Tuesday after interviewing a prominent white nationalist, Richard Spencer, about Trump's racist tweets from the weekend. Spencer... Read more ...

Facebook's cryptocurrency plans hit a bipartisan wall of suspicion from US...

Facebook's cryptocurrency plans hit a bipartisan wall of suspicion from US lawmakers: Why should anyone trust Facebook?

Facebook's cryptocurrency chief David Marcus testified before a Senate committee on Tuesday. Skeptical senators wanted to know why they should trust Facebook to build a digital... Read more ...

Joe Biden may be making the same mistake with his healthcare plan that Obama...

Joe Biden may be making the same mistake with his healthcare plan that Obama did during the push to pass Obamacare

Former Vice President Joe Biden repeated nearly verbatim a promise that President Barack Obama made a decade ago when marshaling public support to pass the Affordable Care... Read more ...

Thousands of Wake residents will see their health coverage change this fall...

Thousands of Wake residents will see their health coverage change this fall in money-saving move

As lawmakers and Gov. Roy Cooper continue to fight over expanding Medicaid in North Carolina, hundreds of thousands of people already in the taxpayer-funded health insurance... Read more ...

Kellyanne Conway asked a reporter 'what's your ethnicity' in response to a...

Kellyanne Conway asked a reporter 'what's your ethnicity' in response to a question on Trump's racist tweets

White House counselor Kellyanne Conway on Tuesday asked a reporter what his "ethnicity" is when questioned about President Donald Trump's recent racist tweets. The reporter... Read more ...

After just eight months, the head of Planned Parenthood is out

After just eight months, the head of Planned Parenthood is out

Planned Parenthood has removed Leana Wen as president of the organization, after only eight months on the job. Her removal comes amid polarizing abortion debates playing out... Read more ...

Lyft's Citi Bikes are expanding to the Bronx and other New York City areas...

Lyft's Citi Bikes are expanding to the Bronx and other New York City areas after being criticized for only serving rich neighborhoods

Citi Bike 's third wave of expansion was announced Tuesday, with new stations planned for the Bronx, Queens, Brooklyn and Manhattan. The Lyft -owned bike-share system says it... Read more ...

Joe Montana Lists Napa Estate for $29 Million. Here's a Look Inside

Joe Montana Lists Napa Estate for $29 Million. Here's a Look Inside

Joe Montana is going long as he puts his 500-acre Napa Valley estate on the market. The Hall of Fame quarterback and San Francisco 49ers legend is asking $28.9 million for the... Read more ...