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Samsung Tries to Navigate Through U.S.-China Trade Crossfire

Samsung Tries to Navigate Through U.S.-China Trade Crossfire

The U.S.-China trade fight has put South Korean electronics giant Samsung Electronics in an uncomfortable spot. Samsung’s challenge is to manage its ties to the two countries without getting caught in the crossfire, even as American tariffs threaten its sales of home appliances and device components.

Published 1 month ago

Warren Buffett’s Berkshire Hathaway Profit Surges

Warren Buffett’s Berkshire Hathaway Profit Surges

Warren Buffett’s Berkshire Hathaway said second-quarter net earnings surged, boosted by insurance underwriting and a change to accounting rules.

Published 1 month ago

Venezuela Says Drone Attack Targeted President Maduro

Venezuela Says Drone Attack Targeted President Maduro

Explosives carried by drones were detonated near Venezuelan President Nicolás Maduro and his entourage at a military ceremony Saturday in what he called an assassination attempt by right-wing foes.

Published 1 month ago

After Harvey, Houston Hopes to Boost Flood Defenses With $2.5 Billion Bond

After Harvey, Houston Hopes to Boost Flood Defenses With $2.5 Billion Bond

A year to the day since Hurricane Harvey slammed into Texas, Houston area residents are set to vote on whether to overhaul the region’s beleaguered flood-protection system, an election that local officials have cast as critical to the area’s future.

Published 1 month ago

Iranians Hoard Gold Ahead of U.S. Sanctions

Iranians Hoard Gold Ahead of U.S. Sanctions

Iranians are hoarding gold as a safeguard against a collapsing local currency and soaring cost of living as the U.S. is poised to impose economic sanctions on Iran, pushing the metal’s price to record highs in Tehran.

Published 1 month ago

North Korea Warns U.S. of Difficulties Over Nuclear Deal

North Korea Warns U.S. of Difficulties Over Nuclear Deal

North Korea warned its nuclear agreement with President Trump “will face difficulties” unless the U.S. took steps to build trust.

Published 1 month ago

How to fix Facebook

How to fix Facebook

Published 1 second ago

Unions Take a Hit After Supreme Court Ruling

Unions Take a Hit After Supreme Court Ruling

Public-sector unions are facing steep falls in revenue and trying to prevent the loss of members in the wake of a recent Supreme Court ruling.

Published 1 month ago

Samsung Tries to Navigate Through U.S.-China Trade Crossfire

Samsung Tries to Navigate Through U.S.-China Trade Crossfire

The U.S.-China trade fight has put South Korean electronics giant Samsung Electronics in an uncomfortable spot.

Published 1 month ago

China Bears Score $7.1 Billion Victory in Long-Running ‘Pain Trade’

China Bears Score $7.1 Billion Victory in Long-Running ‘Pain Trade’

Investors are piling into bets against China’s stocks and currency, reviving what has been one of Wall Street’s most popular—and painful—trades in recent years.

Published 1 month ago

Hiding Russian Money Was Easy. Quitting Was Harder.

Hiding Russian Money Was Easy. Quitting Was Harder.

Benedict Worsley, a self-created British “fixer,” would do just about anything for his high-flying Russian clients—until the international financial network he built came crashing down.

Published 1 month ago

Iranians Hoard Gold Ahead of U.S. Sanctions

Iranians Hoard Gold Ahead of U.S. Sanctions

Iranians are hoarding gold as a safeguard against a collapsing local currency and soaring cost of living as the U.S. is poised to impose economic sanctions on Iran, pushing the metal’s price to record highs in Tehran.

Published 1 month ago

Portugal battles fires as temperatures hit record

Portugal battles fires as temperatures hit record

Country on alert and air-conditioned buildings kept open for people to escape extreme heat

Published 1 second ago