Chip Firm Asml Shares Plunge 15 after Company Warns of Weaker China Sales in Early Release
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Millions hurt by credit repair firms to share $1.8 billion in refunds
Payments to victims of Lexington Law and CreditRepair.com are the largest yet by Consumer Financial Protection Bureau.CBS News - Dec. 5 -
Damage reported after California earthquake, evacuations prompted by tsunami warnings
Tsunami warnings have been triggered in Oregon and California after a major earthquake struck off the coast of Northern California Thursday afternoon. CBS News Bay Area has coverage.CBS News - Dec. 5 -
Parts of Northern California under tsunami warning after 7.0 magnitude earthquake
Communities along the cost of Northern California are under a tsunami warning after the area was reportedly hit by a 7.0 magnitude earthquake. Residents near lower elevations have been advised to ...NBC News - Dec. 5 -
Tsunami warning issued after earthquake off coast of California
The National Weather Service has issued a tsunami warning after a strong earthquake struck off the coast of California. CBS News has the latest.CBS News - Dec. 5 -
China sanctions US defense firms over Taiwan arms sales
China on Thursday sanctioned 13 U.S. defense firms over arms sales to the self-governing island nation of Taiwan. The companies targeted by China are smaller defense tech firms that have worked on ...The Hill - Dec. 5 -
Southwest and American airlines raise sales outlooks, shares jump
Southwest and American airlines forecast stronger-than-expected revenue for the fourth quarter.CNBC - Dec. 5 -
Legendary drug lord released after serving 25 years in U.S. prison
Fabio Ochoa Vásquez and his brothers amassed a fortune when cocaine started flooding the U.S. in the late 1970s and early 1980s.CBS News - Dec. 5 -
China Slaps Sanctions on 13 U.S. Defense Firms
The largely symbolic move is in response to the Biden administration’s latest arms sales to Taiwan, the island democracy that China considers its own.The New York Times - Dec. 5 -
China’s shift to local chips gains momentum from latest US export controls
Industry associations urge companies to switch, saying US semiconductors are ‘no longer safe or reliable’Financial Times - Dec. 5 -
Tariff Man’s superpowers are weaker than he thinks
Donald Trump’s obsession with import taxes belies their limited effectsFinancial Times - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
White House says at least 8 US telecom firms, dozens of nations impacted by China hacking campaign
A top White House official says at least eight U.S. telecom firms and dozens of nations have been impacted by a Chinese hacking campaignABC News - Dec. 4 -
Shares of American Eagle plunge 13% as company issues weak holiday guidance
American Eagle issued weak holiday guidance after reporting its third sales miss in a row.CNBC - Dec. 4 -
Here’s How Security Firms Say Execs Should Protect Themselves After UnitedHealthcare CEO’s Shooting
UnitedHealthcare CEO Brian Thompson’s tragic shooting set off alarm bells in the business world. Here’s how security firms are responding.Inc. - Dec. 4 -
White House says at least eight US telecom firms, dozens of nations impacted by China hacking campaign
White House says at least eight US telecom firms, dozens of nations impacted by China hacking campaignABC News - Dec. 4 -
The Legend Of Zelda Metal Puzzles Restocked At Amazon - Still On Sale For Only $15
Zelda: Hyrule Crest Metal Puzzle $15 (was ...GameSpot - Dec. 4 -
Senators Warn the Pentagon: Get a Handle on China’s Telecom Hacking
In a letter to the Department of Defense, senators Ron Wyden and Eric Schmitt are calling for an investigation into fallout from the Salt Typhoon espionage campaign.Wired - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
GM sounds a warning on troubled China market, becoming latest carmaker to do so
GM’s 50-50 joint venture with SAIC Motor Corp. faces ‘market challenges and competitive conditions.’MarketWatch - Dec. 4 -
Tesla's November China EV Sales Drop 4.3% as BYD Hits New High
Yahoo News - Dec. 4 -
Lloyds boss warns of UK ‘investability problem’ after motor finance ruling
Sector left reeling after court backs consumer complaints about ‘secret commissions’ on car loansFinancial Times - Dec. 4 -
German companies in China see slump in business confidence
Yahoo News - Dec. 4 -
Antidoping Agency Froze Out Investigators Who Warned About China
The World Anti-Doping Agency’s investigative unit highlighted intelligence about Chinese athletes possibly using a banned medication, but was kept out of the loop when 23 swimmers tested positive ...The New York Times - Dec. 4 -
Donald Trump Jr. joins e-commerce company, sending its shares up 270%
PublicSquare, which describes itself as catering to "patriotic Americans," is adding the son of President-elect Donald Trump Jr. to its board.CBS News - Dec. 3 -
Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
Salesforce reported its fiscal third-quarter earnings on Tuesday and posted strong fourth-quarter guidance.CNBC - Dec. 3 -
China bans exports of key high-tech materials, hitting back at US chip sanctions
China has announced a ban on exports to the United States of gallium, germanium and other key high-tech materials with potential military applicationsABC News - Dec. 3 -
Space Startups Get Government Contracts as SpaceX Explores Share Sale Valued at $350 Billion
The commercial space industry has had a rocket lit under it recently, as the government changes how it awards contracts, looking closely at new innovators.Inc. - Dec. 3 -
China retaliates against latest US chip restrictions
Beijing bans export of materials used in semiconductors and batteriesFinancial Times - Dec. 3 -
China responds to US chip sanctions, banning exports of key minerals
China has banned exports of some rare minerals to the United States as tensions over trade heat up after the U.S. issued new restrictions on exports of certain semiconductor chips and equipment to ...The Hill - Dec. 3 -
China’s share of global electric car market rises to 76%
Market share increases after strong demand within country offsets risks from western tariffs on Chinese-made EVs. Business live – latest updates China’s share of the global electric vehicle ...The Guardian - Dec. 3 -
China bans exports to the US of gallium and other key materials after the US curbs computer chip-related exports
China bans exports to the US of gallium and other key materials after the US curbs computer chip-related exportsABC News - Dec. 3 -
Ex-paddleboard firm owner in court after deaths
Nerys Bethan Lloyd, 39, is charged with gross negligence manslaughter after four people died.BBC News - Dec. 3 -
Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
U.S. announces new export controls on China's chip industry
The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies.NBC News - Dec. 3 -
Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China
Shares of major Asian chip stocks mostly rose on Tuesday, shrugging off the U.S. announcing new emiconductor export controls on China.CNBC - Dec. 3 -
Chip war ramps up with new US semiconductor restrictions on China
Biden administration broadens limits on Chinese access to advanced microchip technology, with Donald Trump expected to go even further . The US has announced new export restrictions targeting ...The Guardian - Dec. 3 -
Trump warns of ‘hell to pay’ if Israeli hostages not released by January
US president-elect’s comments come as Gaza ceasefire talks fail to make progressFinancial Times - Dec. 2 -
Trump warns of 'hell to pay' if Hamas doesn't release hostages
President-elect Trump on Monday threatened to unleash “hell” in the Middle East if hostages held by Hamas in the Gaza Strip are not released before his inauguration Jan. 20, underscoring urgency to ...The Hill - Dec. 2 -
Trump Tariff Threat Spurs Malaysian Warning to China Not to ‘Rebadge’ Products There
A senior trade official cautions Chinese companies to not invest there if they only want to mask their merchandise’s country of origin.Inc. - Dec. 2 -
Iranian rapper Toomaj Salehi released after death sentence is overturned
Iranian rapper Toomaj Salehi was released from prison after completing a one-year sentence for speaking out against the Iranian regime.NBC News - Dec. 2