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The Business Section

The Business Section

NewsPlexus Media
Aug 20, 2019
The Trump administration has extended a limited reprieve on U.S. technology sales to Huawei, even as questions remain over how much of an effect broader sanctions are having on the Chinese technology giant. Huawei has become enmeshed in the trade war between Washington and Beijing, with President Donald Trump showing a willingness to use the sanctions as a bargaining chip.

The Business Section

The Business Section

NewsPlexus Media
Aug 20, 2019
A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021. The economists surveyed by the National Association for Business Economics, in a report released Monday, mostly didn't share Trump's optimistic outlook for the economy, though they generally saw recession coming later than they did in a survey taken in February.

The Business Section

The Business Section

NewsPlexus Media
Aug 20, 2019
Germany, Europe's industrial powerhouse and biggest economy, with companies like Volkswagen, Siemens and BASF, may be entering a recession, according to a gloomy report from the country's central bank Monday — a development that could have repercussions for the rest of the eurozone and the United States.

The Business Section

The Business Section

NewsPlexus Media
Aug 20, 2019
A group of influential CEOs is changing its view on corporations, saying it’s no longer just about shareholders. The Business Roundtable said Monday that its new statement on “the purpose of a corporation” emphasizes that all stakeholders are important, which includes workers, suppliers, customers and the communities their businesses are in.

The Business Section

The Business Section

NewsPlexus Media
Aug 20, 2019
Twitter said Monday it has suspended more than 200,000 accounts that it believes were part of a Chinese government influence campaign targeting the protest movement in Hong Kong. The company also said it will ban ads from state-backed media companies, expanding a prohibition it first applied in 2017 to two Russian entities.

Headlines

Headlines

NewsPlexus Media
Aug 20, 2019
The "fundamentals" of the U.S. economy are solid, the White House asserted Monday, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump's reelection. Exhibiting no such concern, senior adviser Kellyanne Conway declared to reporters, "The fact is, the fundamentals of our economy are very strong,"

The Business Section

The Business Section

NewsPlexus Media
Aug 19, 2019
A Texas-based company is facing criticism for naming a beer after the location of nuclear tests that resulted in the contamination of a Pacific island chain, a report said. Manhattan Project Beer Company is under scrutiny by Marshall Islanders who were exposed to high levels of radiation by U.S. government research from 1946 to 1958. The government and residents of the Republic of the Marshall Islands have objected to the company's beer named Bikini Atoll, an area of the island chain that remains uninhabitable.

Headlines

Headlines

NewsPlexus Media
Aug 19, 2019
President Donald Trump is warning of an economic crash if he loses reelection, arguing that even voters who personally dislike him should base their ballots on the nation's strong growth and low unemployment rate. But privately, Trump is growing increasingly worried the economy won't look so good come Election Day.

Through the Lens

Through the Lens

NewsPlexus Media
Aug 17, 2019
Tiffany & Co. is launching its first comprehensive jewelry collection for men in October as it seeks to diversify its traditional customer base. The line announced Thursday is part of the Tiffany's strategy to attract younger shoppers and pump up sales, which have been dampened by a decline in spending by tourists from China and elsewhere.

The Business Section

The Business Section

NewsPlexus Media
Aug 17, 2019
Tiffany & Co. is launching its first comprehensive jewelry collection for men in October as it seeks to diversify its traditional customer base. The line announced Thursday is part of the Tiffany's strategy to attract younger shoppers and pump up sales, which have been dampened by a decline in spending by tourists from China and elsewhere.