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U.S., in Chip War with China, Extends Some Allowances for Asian Allies
Business

U.S., in Chip War with China, Extends Some Allowances for Asian Allies

Chip makers Samsung, SK Hynix and TSMC can maintain their operations in China for the foreseeable future, but significant tech upgrades could prove difficult. Source

A 143-Year-Old Portrait Fuels an Absurd Government Turf War
Business

A 143-Year-Old Portrait Fuels an Absurd Government Turf War

Two federal agencies claim to be the rightful owners of a painting of the now-obscure Hugh McCulloch Source link

China-Founded Rivals Ramp Up War for American Shoppers
Business

China-Founded Rivals Ramp Up War for American Shoppers

Online sellers Shein and Temu are fighting in U.S. courts, alleging dirty tricks as they duel for workers and suppliers back in China. Source link

Who Will Control Wagner’s Empire of War and Gold?
Business

Who Will Control Wagner’s Empire of War and Gold?

Updated July 24, 2023 12:00 am ET Listen to article (2 minutes) The Kremlin is attempting one of the most complex corporate takeovers in history,

Russia Boosts Rates as Ukraine War Costs Mount
Business

Russia Boosts Rates as Ukraine War Costs Mount

The full percentage point rise comes as a falling ruble, soaring wages and debt-fueled state spending reignite inflationary pressures. Source link

White House expands war on junk fees to rental housing, unveils new merger guidelines By Reuters
Finances

White House expands war on junk fees to rental housing, unveils new merger guidelines By Reuters

© Reuters. FILE PHOTO: A view of the White House in the late afternoon in Washington, U.S., March 8, 2023. REUTERS/Leah Millis By Andrea Shalal

Lockheed Martin Projects Higher Sales as War Boosts Orders
Business

Lockheed Martin Projects Higher Sales as War Boosts Orders

The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles. Source link

Tesla rolls out global cash rebate as EV price war heats up By Reuters
Stock Market

Tesla rolls out global cash rebate as EV price war heats up By Reuters

© Reuters. Tesla sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo (Reuters) – Tesla

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

However war ends, Ukraine’s diminished population will hit economy for years By Reuters

3/3 © Reuters. Ksenia Karpenko, a 33-year-old Ukrainian fashion designer from Kyiv, shows her creation which represents Ukraine’s national culture, in Madrid, Spain, June 23,

WTO Says Ukraine War, Inflation to Limit Global Trade Growth in 2023
Business

WTO Says Ukraine War, Inflation to Limit Global Trade Growth in 2023

High prices have cut into consumers’ demand for imported goods. Source link