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U.S. Judge Orders China’s ZTE to Two More Years of Monitoring

U.S. Judge Orders China’s ZTE to Two More Years of Monitoring

A U.S. judge ordered ZTE to another two years of scrutiny by a court-appointed monitor, following the Chinese telecom giant’s violation of a settlement resolving charges that it dodged U.S. sanctions on Iran and North Korea.

Published 2 weeks ago

Nintendo Plans New Version of Switch Next Year

Nintendo Plans New Version of Switch Next Year

Nintendo plans to release a new version of its Switch videogame console next year to maintain the sales momentum of the device.

Published 2 weeks ago

Shopping-Mall Vacancies Are Highest in Seven Years After Big-Box Closings

Shopping-Mall Vacancies Are Highest in Seven Years After Big-Box Closings

Rising shopping mall vacancies across the U.S. are driving down rents, signaling that many retail centers continue to struggle despite the country’s strong economic growth.

Published 2 weeks ago

The $500 Million Central Bank Heist—and How It Was Foiled

The $500 Million Central Bank Heist—and How It Was Foiled

Officials in Angola have charged four men in connection with an alleged plot to siphon off a big chunk of its central-bank reserves. It would have been one of the biggest ever thefts of its kind.

Published 2 weeks ago

Bond Yields Surge, Signaling Growth Hopes

Bond Yields Surge, Signaling Growth Hopes

Investors propelled bond yields to multiyear highs as robust economic data and an easing of trade tensions sparked fresh optimism about global growth.

Published 2 weeks ago

Employer-Provided Health Insurance Approaches $20,000 a Year

Employer-Provided Health Insurance Approaches $20,000 a Year

The average cost of health coverage offered by employers rose to nearly $20,000 for a family plan this year, capping years of increases that experts said are tied to rising prices for care.

Published 2 weeks ago

South Carolina Shooting Leaves One Officer Dead, Six Others Wounded

South Carolina Shooting Leaves One Officer Dead, Six Others Wounded

Seven law-enforcement officers were shot, at least one fatally, after sheriff’s deputies were ambushed while serving a search warrant in a suburb of Florence, S.C., authorities said.

Published 2 weeks ago

Blackstone to Buy Clarus as It Jumps Into Life Sciences

Blackstone to Buy Clarus as It Jumps Into Life Sciences

Blackstone Group has agreed to buy Clarus, an investment firm focused on life sciences, to serve as a platform for future acquisitions and partnerships in an area it thinks lacks access to capital.

Published 2 weeks ago

Deutsche hires Oliver Wyman consultancy to help on US stress test

Deutsche hires Oliver Wyman consultancy to help on US stress test

German lender failed exam in June after regulators found ‘widespread’ deficiencies

Published 1 second ago

Ireland backs May’s plan for all-UK customs union with EU

Ireland backs May’s plan for all-UK customs union with EU

Dublin’s support lifts hopes of breakthrough in Brexit talks

Published 1 second ago

Midterms elections: ‘Trump effect’ weighs on US economic boom

Midterms elections: ‘Trump effect’ weighs on US economic boom

Businesses in Minnesota are thriving but Republicans fear their president is a polarising influence in the state as the election nears

Published 1 second ago

UK blames ‘reckless’ cyber attacks on Russia’s GRU spy agency

UK blames ‘reckless’ cyber attacks on Russia’s GRU spy agency

London steps up pressure on Moscow after Salisbury novichok poisoning

Published 1 second ago

Republican women see Kavanaugh as one of their own

Republican women see Kavanaugh as one of their own

Furore over Trump’s court nominee cuts both ways in key New Jersey congressional race

Published 1 second ago

Italy’s defiance over deficit alarms business backers

Italy’s defiance over deficit alarms business backers

League’s core northern supporters wanted reassurance over budget and lower taxes

Published 1 second ago

GE’s $23bn writedown is a case of goodwill gone bad

GE’s $23bn writedown is a case of goodwill gone bad

Company raised eyebrows by taking big accounting charge over its $10bn Alstom deal

Published 1 second ago