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USA levels 23 charges against Huawei for stealing secrets, evading sanctions

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Prosecutors also allege that Huawei stole trade secrets, including the technology behind a robotic device that T-Mobile used to test smartphones, prosecutors said . The US is seeking to extradite Meng, who has been held in Canada since December 1. In the summer of 2018, Australia excluded Huawei from rolling out 5G, saying "the involvement of suppliers likely to be subject to extrajudicial decisions by a foreign government" constituted a security risk. Read More »

Volkswagen Surpasses Toyota And Nissan In Global Sales In 2018

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Detained auto tycoon Carlos Ghosn believes his arrest and the charges against him are the result of a "plot and treason" at his former employer Nissan, he told the Nikkei newspaper Wednesday. Ghosn responded to some of the specific charges laid against him. 'I won't flee, I will defend [myself],' he added. Separately, Nissan Motor Company said its global sales totalled 5.65 million vehicles past year, while Renault SA of France, which owns 43% of Nissan, recorded global sales of ... Read More »

China weakness spreads from bulldozers to chips

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But since it is one of the world's largest commodities importers, China's slowing economy can have a ripple effect on the company's business, particularly on equipment sales to the mining and oil and gas industry. The company missed profit estimates for the first time in ten quarters, exacerbating fears of a global slowdown and helping lead to a sell-off in broader stock markets. Read More »

Foxconn may shelve plan to make LCD panels at $10B Wisconsin factory

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Scott Walker, left, and Foxconn Chairman Terry Gou participate in a groundbreaking event for the new Foxconn facility in Mount Pleasant, Wis., in June 2018. Louis Woo, special assistant to Foxconn Chief Executive Terry Gou, and the face of the company in Wisconsin is named as the source of the information. Read More »

Airline Passenger Criticized Fat Shamer on Flight

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The woman replied, "Why don't you sit in between those two big pigs?" Rodger's video went viral, been viewed more than 2.6 million times as of Tuesday morning. "I am not starting my new year off with this kind of negativity". Norma Rodgers, from New Jersey , describes herself as a "Nursing Leader: Advocating for nurses and the nursing profession/ Healthcare Advocate" on her Facebook page. Read More »

Dead, 300 Missing In Brazil Dam Disaster

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By Saturday night, January 26, when authorities called off rescue efforts until day break, the death toll stood at 40 dead with up to 300 people estimated to be missing. Attorney General Raquel Dodge has promised to investigate and said: 'Someone is definitely at fault'. "I heard the cries of people asking for help, everyone was running and screaming". Read More »

More than 850 people arrested in Venezuela

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The Supreme Court, stacked with Maduro loyalists, has approved a preliminary investigation into Guaido's activities. At the announcement, nationals U.S. The U.N. human rights office said the protests had so far led to the deaths of more than 40 people. Guaido earlier said in an interview with CNN that he "talked with the U.S. Read More »

Harley Davidson Inc profit misses; sees 2019 shipments lowest in eight years

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Shares closed $1.85 lower at $34.76. Bloomberg reports that the motorcycle giant's retail sales figures dropped 10 percent in the final three months of 2018, marking their eighth straight quarterly decline. His comments have compounded financial troubles in the United States for the company, as its core customers grow older and outreach efforts to lure younger riders have yet to show results. Read More »

Largest Stamp Price Increase In Postal Service History Goes Into Effect Sunday

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The USPS is raising rates on other products too. The postal service lost almost four billion dollars in 2018, reportedly from lower mail volume and pension and health care costs. That means the small flat-rate box that used to cost $7.20 to mail, now costs nearly $8 to send. However, some postal prices are staying the same or lowering. Read More »

In the United States opened an investigation against Nissan

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Nissan shares were down 1.0 percent at 919 yen in mid-afternoon trade, compared with a 0.4 percent decline in the Nikkei average. In an unexpected twist, Nissan CEO Hiroto Saikawa, a former protégé of Ghosn who led the campaign against his ex-boss, said he too intends to step down in coming months after reforming the poor governance he says weakened the Japanese carmaker. Read More »

Tyson nuggets recalled for possible rubber contamination

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The range of 17009010-19009010, a "use by" date of March 11, 2019, and the UPC Code 72745-00129 means you have an affected product. According to the USDA , the products contain milk, which is not declared on the label. That led to an investigation and the discovery of the mislabeled products. Salmonella contamination might not have a smell or taste, meaning it can go undetected in a food product until illness. Read More »

No mail delivery In Dakotas and Minnesota Wednesday

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On its website it listed 3-digit ZIP code locations where mail service is suspended. The suspension means there will be no mail and no package pick-up from residential, business or collection boxes Wednesday. Local offices will still be open, but operations may be limited. "Due to projected deteriorating weather conditions. postal delivery operations will be suspended for the following areas: Nebraska, Kansas, Missouri". Read More »

3 things to watch for from the Federal Reserve

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The Fed has been gradually reducing its bond portfolio, a move that has likely contributed to higher borrowing rates. No way back, Powell anticipated facing this delicate communication check a while later in 2019, entirely than at his information convention on Wednesday following the shut of the Fed's first coverage assembly of the year. Read More »

Porsche to Offer Free Charging on Its First Fully Electric Vehicle

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It will deliver considerably more powerful charging stations than Tesla Superchargers now offer. The automaker says it will soon reveal a fast charging unit that can be installed in private homes and garages. The Porsche Experience Center (PEC) in Atlanta, GA already hosts the company's first Turbo Chargers. The Porsche Taycan is the first all-electric vehicle from the automaker. Read More »

Trump Sanctions Venezuela Oil Company PDVSA, Pressuring Maduro

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Bolton said Monday's announcement would block Maduro from accessing PDVSA assets worth $7-billion and cost him $11-billion in lost export proceeds over the next year. He said: "The path to sanctions relief for PDVSA is through the expeditious transfer of control to the interim president or a subsequent democratically elected government who is committed to taking concrete and meaningful actions to combat corruption". Read More »

Death toll in mining dam collapse rises to 65

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Although the volume of waste resulting from the latest disaster is far smaller than the 2015 incident , it was also far deadlier. The mud was up to 24 feet deep in some places. Clamour for culpability was growing. Sen. Prosecutor General Raquel Dodge said Monday that Vale directors could be punished. One of Vale's lawyers, Sergio Bermudes, told newspaper Folha de S. Read More »

US, China to resume trade talks

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Mnuchin, speaking at a White House news conference, said the two sides were trying to tackle "complicated issues", including a way to verify enforcement of China's reform progress in any deal with Beijing . White House economic adviser Larry Kudlow and hard-line trade adviser Peter Navarro will join the talks. Trump and Xi have given their officials until March 1 to reach a lasting truce to a trade war that has hurt the world's largest economies. Read More »

China's Huawei Technologies accused of conspiring to steal trade secrets

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Among the charges are accusations of bank and wire fraud, obstruction of justice and theft of technology from USA company T Mobile . When news reports in 2013 found that it was, " Huawei employees, and in particular Meng, continued to lie to Huawei's banking partners about Huawei's relationship with Skycom", the department says in a brief on the case . Read More »

US charges China's Huawei, top executive with bank fraud

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The Justice Department announced criminal charges Monday against Huawei Technologies Co., the world's largest communications equipment manufacturer, and one of its top executives - a move likely to intensify trade tensions between the US and China. Read More »

Fresh fruit recalled in multiple states due to listeria concerns

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Overall, the recall included 1,727 cartons of peaches, 1,207 cartons of nectarines and 365 cartons of plums, according to the FDA. There were no reported illnesses as of January 24, the FDA said. The peaches, nectarines and plums were distributed to ALDI in MS and Tennessee. The nectarines sold at Costco are packaged in a 4-pound plastic clamshell with the brand Rio Duero, under EAN number 7804650090212. Read More »

Australia recognises Venezuelan Opposition Leader Juan Guaido as interim president

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The United States separately warned there would be a "significant response" if USA diplomats, Guaido or the opposition-controlled National Assembly were targeted with violence and intimidation. Guaido has aimed his appeals at the Venezuelan military , with promises of amnesty, and mass protests to dramatize the depth of popular opposition to Maduro who has presided over a virtual collapse of the economy and a severe humanitarian crisis, with shortages of food and medicines. Read More »

U.S. Economy Lost At Least $6 Billion To Government Shutdown: S&P

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The loss was driven by a fall in productivity from furloughed government workers, and economic anxiety which spread from the shutdown into the business sector. "Weekly costs likely widened beyond the average weekly cost of $1.2 billion", S&P said in a statement. Although the 35-day partial government shutdown was ended on Friday, it is only for 21 days, at which time the president and the government must come to an agreement over U.S. Read More »

Saudi Arabia Unveils National Industrial Development and Logistics Program

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Riyadh would announce projects in the programme worth SR70 billion tomorrow (January 28) and that the programme aims to boost industry, mining, energy and logistics, added Al-Falih, reported Saudi Gazette . Saudi Arabia wants to expand some of the country's ports and airports and plans to involve the private sector in a few of its projects, Rumaih Al Rumaih, chairman of the Public Transport Authority said at the conference. Read More »

Florida man's deadliest catch forces police to evacuate Taco Bell

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He was probably just hungry: Around 5 p.m. EST on Saturday, the unnamed man informed Ocala Police Department dispatchers of his find, prompting a local bomb squad to evacuate the East Silver Springs Boulevard restaurant. The bomb squad removed the grenade without incident and advised it would be disposed of properly. The Taco Bell has been reopened after the hand grenade was identified as an authentic World War II weapon. Read More »

Tesco confirms up to 9,000 job cuts in cost-saving plan

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Staff canteens will also be replaced with vending machines under the new changes revealed by The Mail on Sunday . Tesco employs 324,000 in the United Kingdom and Ireland and is Britain's largest supermarket chain. "Getting rid of counter jobs means some serious skills being lost". In a statement Tesco said: "We're always looking at ways to run our business more simply and efficiently". Read More »

Starbucks’ Howard Schultz ‘Seriously Thinking’ of 2020 White House Run

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President Donald Trump probably isn't very anxious about Schultz's nascent campaign - which has yet to begin in earnest - but Democrats are certainly up in arms about Schultz's ambitions. Scott Pelley: Would you release your tax returns? But he also criticized Democrats' Medicare-for-All healthcare proposal, calling it "as false as the wall", and noting that free health care is something the country can not afford. Read More »

Samsung to stop using plastic packaging for its products

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These steps are taken under the company's sustainability policy to minimize and replace packaging with environmentally sustainable materials. Samsung is changing the phone charger design as well. Samsung has just announced that they will be utilising more environmentally sustainable materials in a bid to minimise waste generated from their packaging. Read More »

Highlights from Howard Schultz's 60 Minutes interview

The report has Democratic operatives anxious that such a candidacy could smooth Mr. Trump's path to reelection by siphoning votes from the Democratic challenger. I don't care if you're a Democrat, Independent, Libertarian, Republican. Politico reported this past summer that the bid would also pose a risk to Starbucks, where Schultz was CEO from 1986-to-2000 and 2008-to-2017. Read More »

Israel recognizes opposition leader's new government in Venezuela

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The statement from Australian foreign affairs minister, Marise Payne, follows a threat from European leaders on Sunday to recognise Guaidó unless Maduro calls an election in the next eight days. National security adviser John Bolton tweeted that "any violence and intimidation against United States diplomatic personnel, Venezuela's democratic leader, Juan Guaido, or the National Assembly itself would represent a grave assault on the rule of law and will be met with a significant response". Read More »

Fuller's shares leap as it calls time on brewing business

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Japanese firms have spent more than 46 billion pounds ($59 billion) in Britain, encouraged by successive British governments since Margaret Thatcher promising them a business-friendly base from which to trade across Europe . Like the ravens leaving the Tower of London is how one commentator described the sale of London Pride to Asahi. Wilson added: "For Fuller's it allows it to focus on the pubs and hotels business, where the vast bulk (87 per cent) of operating profits come from. Read More »

Canada auto workers seek boycott of GM vehicles from Mexico

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Unifor says it will publicize the boycott with television, newspaper and billboard ads. The call from Unifor comes after national president Jerry Dias said he wouldn't call for an outright boycott of GM products because he wouldn't want to hinder workers at GM's other plants in Canada. Read More »

Budweiser 2019 Super Bowl commercial addresses important climate issue

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Dalmatians have traveled with the Budweiser Clydesdales since the 1950s, according to the company. As we get closer and closer to Super Bowl Sunday, more and more ads will be previewed in the leadup to the Big Game. Budweiser is also donating clean energy to Atlanta for the week of the Super Bowl. Without fail, every year, the brand is one of the marquee attractions to America's annual advertising sweepstakes. Read More »

Most expensive home in USA history sells for $238M by Central Park

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The apartment in Central Park went for $238 million, which is more than double the previous record price paid for a residence in New York City, The New York Times reports. Griffin is also known for his charity gifts. The Wall Street Journal first reported the purchase by Griffin, who first signed a contract for the condo in 2015. Read More »