Tag: Business

  • China slams U.S. ‘blackmailing’ as Trump issues new trade threat

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    BEIJING/WASHINGTON  – U.S. President Donald Trump threatened to impose a 10 percent tariff on $200 billion of Chinese goods and Beijing warned it would retaliate, in a rapid escalation of the trade conflict between the world’s two biggest economies. Trump’s latest move, as Washington fights trade battles on several fronts, was unexpectedly swift and sharp. […]

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  • Fujifilm sues Xerox for well over $1 billion after aborted merger

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    NEW YORK  – Fujifilm Holdings Corp (4901.T) sued Xerox Corp (XRX.N) on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger. In a complaint filed with the U.S. District Court in Manhattan, Fujifilm accused […]

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  • International fund managers turn to financials, tech as trade worries rise

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    NEW YORK – The rising tensions over global trade policy are prompting some top-performing international fund managers to look for the companies that can emerge as winners. Fund managers from firms including AllianceBernstein, Causeway Capital Management and Janus Henderson are adding to positions in companies ranging from Italy’s largest bank to China’s largest e-commerce company, […]

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  • Trump sets tariffs on $50 billion in Chinese goods; Beijing strikes back

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    WASHINGTON/BEIJING – U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind. Trump laid out a list of more than 800 strategically […]

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  • 6 Lessons From Cannabis CEOs Who Raised More Than $50 Million

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    As if starting a legal marijuana business isn’t hard enough, scoring investment capital can seem almost impossible. Yet some entrepreneurs have managed to do both—to the tune of over $50 million. What’s their secret? We talked to a few to find out the best ways to approach investors. 1. Be candid and don’t B.S It’s […]

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  • China promises fast response as Trump readies tariffs

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    BEIJING – China vowed on Friday to strike back quickly if the United States hurts its interests, hours before U.S. President Donald Trump was due to unveil revisions to a tariff list targeting $50 billion worth of Chinese goods. Washington and Beijing appeared increasingly to be headed toward a trade war after several rounds of […]

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  • Information Every DOOH Buyer Must Have

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    By Alex Mardikian DOOH has emerged as the savior of businesses struggling to catch the attention of a wary and jaded audience that is increasingly becoming dependent on peer recommendations and customer reviews for making purchase decisions. If your business wishes to invest in DOOH, then you need to have perspective on what the technology […]

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  • S&P 500, Nasdaq edge higher as ECB puts off rate hike

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    NEW YORK – The S&P 500 and Nasdaq rose on Thursday after the European Central Bank said it would not raise interest rates until mid-2019, a day after the U.S. Federal Reserve increased its key rate and hinted at two more hikes by the end of 2018. The ECB decided to end its bond-purchase program […]

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  • White House seeks to block Congress from killing ZTE deal

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    WASHINGTON  – The White House will try to derail an effort in the U.S. Congress to block the Trump administration’s deal to allow ZTE Corp, China’s No. 2 telecommunications equipment maker, to resume doing business with American suppliers, the Wall Street Journal reported on Wednesday. The ZTE issue encompasses U.S.-China relations, national security, trade and […]

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  • Wall Street edges higher with focus on Fed

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    U.S. stocks edged higher on Tuesday, with help from Twitter and media stocks, as investors looked past a historic U.S.-North Korea summit and focused on the Federal Reserve’s policy meeting. President Donald Trump and North Korean leader Kim Jong Un pledged to work toward complete denuclearization of the Korean peninsula, but their joint statement gave […]

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