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Trump considering whether Apple should be exempt from China tariffs

President Donald Trump said on Wednesday after touring a plant that assembles Apple Inc computers that he was considering whether to exempt the U.S. company from tariffs on imports from China.



4 years ago

A U.S.-China 'Phase One' trade deal may not be inked this year

Completion of a "phase one" U.S.-China trade deal could slide into next year, trade experts and people close to the White House said, as Beijing presses for more extensive tariff rollbacks, and the Trump administration counters with heightened demands of its own.



4 years ago

Asian shares slide as Sino-U.S. spat on Hong Kong clouds trade deal outlook

Global shares slid on Thursday as a fresh row between Washington and Beijing over U.S. bills on Hong Kong could complicate their trade negotiation and delay a "phase one" deal that investors had initially hoped to be inked by now.



4 years ago

Apple supplier Japan Display says executive embezzled $5.25 million

Japan Display Inc said on Thursday it dismissed an accounting executive last year for embezzling about $5.3 million over four years since the Apple Inc supplier went public in 2014.



4 years ago

UAW president resigns after union accuses him of false accounting

United Auto Workers President Gary Jones resigned on Wednesday shortly after the union moved to remove him office amid a widening corruption probe from U.S. prosecutors, a union source told Reuters.



4 years ago

Australian PM says Westpac must consider CEO's position after money-laundering scandal

Australian Prime Minister Scott Morrison said on Thursday the board of Westpac Banking Corp must review the position of CEO Brian Hartzer in the light of a major money laundering scandal, as the lender's shares plunged for a second day.



4 years ago

Fed holds off on permanent lending tool as policymakers mull details

The Federal Reserve will hold off deciding whether to introduce a permanent lending facility aimed at staving off the money market ructions seen earlier this fall even as a growing number of policymakers warm to the idea, several sources told Reuters.



4 years ago

Google bars elections ads from using political leanings, voter data

Alphabet Inc's Google will stop giving advertisers the ability to target election ads using data such as public voter records and general political affiliations, the company said in a blog post on Wednesday.



4 years ago

Mexicans sue Walmart over Texas shooting that left victims on both sides of border

Ten Mexican citizens have sued Walmart over the shooting at a store in the U.S. border town of El Paso, Texas, that killed eight Mexicans and left eight more injured, saying that Walmart did not do enough to protect its customers, Mexico said on Wednesday.



4 years ago

Google to let sites block personalized ads under California privacy law

Websites and apps using Google's advertising tools will be able to block personalized ads to internet users in California and elsewhere as part of the Alphabet Inc unit's effort to help them comply with the state's new privacy law, it told clients this week.



4 years ago

Apple, Intel file antitrust case against SoftBank-backed firm over patent practices

Apple Inc and Intel Corp on Wednesday filed an antitrust lawsuit against Softbank Group Corp-owned Fortress Investment Group, alleging the firm stockpiled patents to hold up technology companies with lawsuits.



4 years ago

Factbox: How social media services handle political ads

Online platforms including Facebook and Alphabet Inc's Google face growing pressure to stop carrying political ads that contain false or misleading claims ahead of the U.S. presidential election.



4 years ago

Apple, Intel file antitrust case against SoftBank-owned firm over patent practices

Apple Inc and Intel Corp on Wednesday filed an antitrust lawsuit against Fortress Investment Group, alleging the SoftBank Group Corp unit stockpiled patents to hold up tech firms with lawsuits demanding as much as $5.1 billion.



4 years ago

Shares stumble as China-U.S. row over Hong Kong clouds trade deal outlook

Global shares slid on Thursday as a fresh row between Washington and Beijing over U.S. bills on Hong Kong could complicate their trade negotiation and delay a "phase one" deal that investors had initially hoped to be inked by now.



4 years ago

Johnson & Johnson loses pelvic mesh class action in Australia

More than 1,350 Australian women won a seven-year-old class action lawsuit on Thursday against Johnson & Johnson (J&J) for misleading patients and surgeons about the risks of the pharmaceutical giant's pelvic mesh implants.



4 years ago