Business > U.S.

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

4 monthes 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

4 monthes 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

4 monthes 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

4 monthes 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

4 monthes 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

4 monthes 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

4 monthes 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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Trump warned Turkish President Erdogan not to be a 'tough guy' and a 'fool'...

Trump warned Turkish President Erdogan not to be a 'tough guy' and a 'fool' in White House letter the day he invaded northern Syria

President Donald Trump threatened Turkish President Recep Tayyip Erdogan in a White House letter the day after he invaded northern Syria, saying Erdogan shouldn't be a "tough... Read more ...

Trump massively undermined Mike Pence's mission to stop Turkey's invasion of...

Trump massively undermined Mike Pence's mission to stop Turkey's invasion of Syria, saying publicly that it's none of his business

US Vice President Mike Pence is on his way to Turkey to urge President Recep Tayyip Erdogan to stop his offensive on Kurdish fighters in northeastern Syria. The US has called... Read more ...

Boris Johnson's opponents move to force a second Brexit referendum as hopes...

Boris Johnson's opponents move to force a second Brexit referendum as hopes for a deal fade

The opposition Labour party signal they will back a second referendum on Boris Johnson's deal. Shadow Northern Ireland Secretary says that the "best way through" was to "test... Read more ...

Inside James Dyson's Costly Decision to Kill His Electric Car

Inside James Dyson's Costly Decision to Kill His Electric Car

James Dyson, the billionaire British inventor and entrepreneur, is standing on a small stage at the mid-September gala opening of his new flagship retail store in Paris. The... Read more ...

Netflix shares jump as subscribers grow ahead of Disney and Apple war

Netflix shares jump as subscribers grow ahead of Disney and Apple war

Netflix added slightly more paying subscribers than expected in the third quarter, just as Disney and Apple prepare to ramp up the streaming video wars. Read more ...

‘Don't be a fool!' Trump warns Erdogan against Syria invasion in leaked letter

‘Don't be a fool!' Trump warns Erdogan against Syria invasion in leaked letter

US President Donald Trump urged Turkish President Recep Tayyip Erdogan to make a deal with the Syrian Kurds in a letter, warning history will condemn him as “the devil” and the... Read more ...

GM And United Auto Workers Reach Tentative Deal To End Massive Strike

GM And United Auto Workers Reach Tentative Deal To End Massive Strike

A union council still needs to approve it in order to bring a painful work stoppage to a close. Read more ...

US troops bombed their own anti-ISIS headquarters as Turkey-backed fighters...

US troops bombed their own anti-ISIS headquarters as Turkey-backed fighters closed in during Trump's hasty retreat

US forces destroyed the headquarters of their anti-ISIS efforts in Syria on Wednesday, The Wall Street Journal reports. Turkish-backed Syrian forces advanced on the position... Read more ...

Former Santee Community Schools Superintendent sentenced for theft of...

Former Santee Community Schools Superintendent sentenced for theft of government money

A former superintendent of Santee Community Schools on the Santee Sioux Nation Reservation was sentenced in federal court for theft of government money. Read more ...

‘They've got no margin for error': Biden cash crunch raises alarms

‘They've got no margin for error': Biden cash crunch raises alarms

Stalled in the polls and on the heels of another uninspiring debate performance, Joe Biden's campaign was forced to respond to another troubling issue Wednesday: his lackluster... Read more ...