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June 14, 2019
D.w. business im on in berlin welcome u.s. equities dropped on friday led by shares in chip makers hit by the u.s. china trade war sector heavyweight broadcom for one has cut its revenue forecast by 2000000000 dollars chip makers of both source and sell heavily in china but theyre not the only ones complaining more than $600.00 companies have sent a letter to president donald trump calling for him to end the tariff saying they hurt american businesses and consumers. joins us now from wall street...
June 14, 2019
D.w. business im on in berlin welcome u.s. equities dropped on friday led by shares in chip makers hit by the u.s. china trade war sector heavyweight broadcom for one has cut its revenue forecast by 2000000000 dollars chip makers of both source and sell heavily in china but theyre not the only ones complaining more than $600.00 companies have sent a letter to president donald trump calling for him to end the tariff saying they hurt american businesses and consumers. yes joins us now from wall st...
May 30, 2019
Is security threat there is no gun no smoke only speculation speculation that has landed well away on the so-called entity list of companies u.s. firms can trade with googles already announced that it wont provide updates of its smartphone operating system android to while away shares of some u.s. tech companies including chip makers come under pressure meanwhile the us chinese trade war is escalating beijing has suggested it might limit exports of rare earths to the u.s. in danger in the tech a...
May 23, 2019
Charging excessive fees. qualcomms licensing practices have strangled competition and harmed rivals. equipment manufacturers and consumers in the process. the company makes computers and modems for smartphones but it makes most of its money from licensing technology that allows phones to connect to cell phone towers. the judge ruled qualcomm should not receive a percentage of sales of each phone a company sells and ordered it to renegotiate license terms with customers in good faith. the ruling ...
May 22, 2019
From the positive reaction of tech companies and chip makers here on wall street markets are waiting for any kind of signal that will imply the possibility of the u.s. in china starting those talks easing of what ways that restrictions will last about 3 months and meanwhile china wont increase it starves on u.s. imports until june 1st and the u.s. one be able to impose new charges over chinese products until late june and by then you as a president donald trump and chinese president xi jinping w...
May 22, 2019
Secretary of treasury said on wednesday dad has a talk already to wal-mart and all the top retailers about that possibility of exceptions if the next round of duties gets finally implement it. was a louise doro there for us in new york thank you staying in the us the shares in qualcomm fell sharply after u.s. federal judge ruled that the chip makers suppress competition in the market for smartphone chips the district judge in california said qualcomm did so by threatening to cut off supplies and...
May 21, 2019
Founder been showing face says the 90 day reprieve makes little difference as the company has been preparing its own components. business correspondent lars hobson is covering this story for us and joins us now from frankfurt laws whats prompted this change of heart by u.s. authorities concerning what way well terry president trump might have just heard from his own tech companies over in california because theyre doing quite a lot of business with wall way and they stand to lose a lot of money ...
May 21, 2019
Is all that there is to that story certainly theres some urgent business interests in that too and looks a little bit to me like president trump might have heard from his old tech companies over the last 24 hours as well from google for example of course where oh who always a major customer but theres also of course the chip makers whether that is intel or silence or so its a matter of fact about 70 percent in every who always smartphone comes from american companies of all the parts here and 2 ...
May 17, 2019
Business, global markets lowered as trade tensions round out the week. futures are pointing down here as well, a third of a percentage point. the stocks rose thursday for three days in a row. the president is sending a delegation to china to resume trade talks. and the president punted on global car tariffs, giving a six month window to make the decision. the s&p and nasdaq ended the day higher as well. a day of no negative trade news is a small win. all three major averages are above where they...
May 17, 2019
Rehearsing his trademark dance moves a month after he had heart surgery. lets get a check on cnn business this morning. global markets mostly lower. trade tensions lingering at the end of the week. wall street futures pointing down a little bit here. stocks rose thursday, the president sending a delegation to china to resume trade talks and punted on global car tariffs. the dow closed up 215 points, the s&p 500 and the nasdaq ended higher. honestly a day of no negative trade news is a small wi...