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SoftBank’s Vision Fund sets up investment team in China

SoftBank’s Vision Fund sets up investment team in China

Move comes as US regulators step up scrutiny of Masayoshi Son’s links to country

Published 1 second ago

Flatter Yield Curves Aren’t Always Bad News—but This One Is

Flatter Yield Curves Aren’t Always Bad News—but This One Is

Treasury market moves are sending a menacing signal about the economic outlook. An inverted curve is often interpreted as a signal of a looming recession.

Published 1 week ago

Special Counsel Robert Mueller Asks for No Jail Time for Mike Flynn

Special Counsel Robert Mueller Asks for No Jail Time for Mike Flynn

Mike Flynn has provided “substantial assistance” to the special counsel investigation and other matters, federal prosecutors said in recommending no jail time for the former top Trump aide.

Published 1 week ago

China Maneuvers to Snag Top-Secret Boeing Satellite Technology

China Maneuvers to Snag Top-Secret Boeing Satellite Technology

The founders of a small Los Angeles company, which ordered a satellite from Boeing, say the firm was financed and is now controlled by China, in violation of rules designed to keep such technology out of Beijing’s hands. Some worry China could use the technology for military purposes.

Published 1 week ago

China ‘confident’ of US trade deal ‘within 90 days’

China ‘confident’ of US trade deal ‘within 90 days’

Beijing’s positive statement fails to halt sell-off on Asian and European bourses

Published 1 second ago

Flatter Yield Curves Aren’t Always Bad News—but This One Is

Flatter Yield Curves Aren’t Always Bad News—but This One Is

Treasury market moves are sending a menacing signal about the economic outlook. An inverted curve is often interpreted as a signal of a looming recession.

Published 1 week ago

California Fire Survivors Begin Returning to Homes That No Longer Exist

California Fire Survivors Begin Returning to Homes That No Longer Exist

Nearly a month after the Camp Fire destroyed Paradise, Calif., and surrounding communities, some residents are returning to salvage any precious belongings left behind.

Published 1 week ago

Bush’s Trade Legacy on the Line as Trump Bids Farewell to Predecessor

Bush’s Trade Legacy on the Line as Trump Bids Farewell to Predecessor

President Trump will pay his respects today to the late President George H.W. Bush, after last week also saying farewell to the North American Free Trade Agreement.

Published 1 week ago

Postal Service Review Proposes Sweeping Changes Likely to Hit Amazon

Postal Service Review Proposes Sweeping Changes Likely to Hit Amazon

A Treasury-led task force proposed that the U.S. Postal Service charge more for certain package deliveries, going after Amazon.com and other online retailers that President Trump has said benefit at the post office’s expense.

Published 1 week ago

Slowing Cigarette Sales Push Altria to Explore Other Opportunities

Slowing Cigarette Sales Push Altria to Explore Other Opportunities

Marlboro maker Altria Group is eyeing cannabis and e-cigarettes, searching for growth outside its traditional business, as the long decline of U.S. cigarette sales accelerates.

Published 1 week ago

France Becomes the World’s Most Heavily Taxed Country

France Becomes the World’s Most Heavily Taxed Country

France became the most heavily taxed of the world’s rich countries in 2017, according to figures published the day after President Emmanuel Macron backed off a fuel-tax increase that enraged much of the nation.

Published 1 week ago

Flatter Yield Curves Aren’t Always Bad News—but This One Is

Flatter Yield Curves Aren’t Always Bad News—but This One Is

Treasury market moves are sending a menacing signal about the economic outlook.

Published 1 week ago

Global stock sell-off reaches Europe as trade truce doubts deepen

Global stock sell-off reaches Europe as trade truce doubts deepen

Metals and tech stocks lead losses while mainland China’s shares edge back from lows

Published 1 second ago

China Breaks Its Silence on 90-Day U.S. Tariff Truce

China Breaks Its Silence on 90-Day U.S. Tariff Truce

China is beginning to flesh out details of a weekend tariff truce with the U.S., after days of vague Chinese statements and a barrage of comments from President Trump and other administration officials.

Published 1 week ago

Takeda Wins Shareholder Approval for Its $62 Billion Shire Bid

Takeda Wins Shareholder Approval for Its $62 Billion Shire Bid

The approval from Takeda Pharmaceutical’s shareholders for the Shire bid clears the path for the biggest-ever overseas acquisition by a Japanese company.

Published 1 week ago