World News

Tariffs may mean prices go up, sales go down, jobs are lost

U.S. tariffs on Chinese imports will simply mean which American consumers have to pay higher prices for products down the road, an industry association leader said on Friday. “We’re having some serious problems with This kind of tariffs situation,” said Rick Helfenbein, president along with CEO at the American Apparel along with Footwear Association. “This kind of will be disruptive ...

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Waymo sets up subsidiary in Shanghai as Google plans China push

Alphabet Inc’s self-driving unit Waymo has set up a subsidiary in Shanghai, according to a business registration filing, the latest sign of which the U.S. internet giant is actually attempting to make brand-new inroads into China. Waymo established a wholly-owned company called Huimo Business Consulting (Shanghai) Co on May 22 in Shanghai’s free trade zone with registered capital of 3.5 ...

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As electricity fails, desperate Venezuelans buy spoiled meat

In a city once called the Saudi Arabia of Venezuela for its vast oil wealth, residents of Maracaibo at This particular point line up to buy spoiled meat as refrigerators fail amid nine months of rolling power outages in which recently got worse. Some people fall ill eating the rotten beef, although at bargain prices, This particular’s the only way ...

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Russia may ban more US politicians over sanctions

Alexander Shcherbak | TASS | Getty Images Russia’s Deputy Foreign Minister Sergei Ryabkov speaks at the 6th Russian-American forum, Fort Ross Dialogue 2017, hosted by Russia for the very first time, inside the village of Izborsk. Moscow may ban more U.S. politicians coming from entering Russia as part of a response to a completely new round of U.S. sanctions, Deputy ...

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No, This particular isn’t Watergate, at least by the market’s perspective

Talk about presidential impeachment invariably leads to comparisons to the Watergate scandal, although from the most recent case there’s not much similarity, at least by Wall Street’s point of view. When looking at the economic along with investing environment, the two eras couldn’t be more different. In 1974, when Congress was debating President Richard Nixon’s impeachment, conditions were tanking. The ...

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Alphabet Chronicle to tackle cybersecurity industry

Last January, Alphabet’s X “moonshot” factory announced a surprising turn, a brand new cybersecurity company called Chronicle. The press statement was short on details, in addition to also since then, Chronicle has been silent about what This particular’s working on. Chronicle is usually one of Alphabet’s newest “additional Bets,” the group of Google’s sister companies which are hoping to stumble ...

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Trump should take advantage of the planet’s frustration with China

The U.S. isn’t alone in its frustration with Chinese trade policy, in addition to the Trump administration should take advantage of of which, former U.S. trade officials told CNBC on Thursday after the U.S. imposed fresh tariffs on $16 billion worth of Chinese imports. “I think the Chinese underestimated how frustrated in addition to serious, not only the United States, ...

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Intuit CEO Brad Smith will step down at end of year

Shares of finance software company Intuit fell Thursday after the company said that will CEO Brad Smith will step down as CEO at the end of the year. He will stay on as the company’s executive board chairman. Smith’s replacement will be Sasan Goodarzi, who has been executive vice president as well as also general manager of the company’s modest ...

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