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US STOCKS-U.S. stocks close down on news of Biden tax ... - Vimarsana News

US STOCKS-U.S. stocks close down on news of Biden tax ...

* U.S. weekly jobless claims decline further * Indexes down: Dow 0.94%, S&P 500 0.92%, Nasdaq 0.94% (Adds Intel earnings) By Herbert Lash NEW YORK, April 22 (Reuters) - U.S. stocks dived on Thursday on reports President Joe Biden planned to almost double the capital gains tax, news analysts said provided an excuse to take profits in a directionless market ahead of big tech's earnings next week. The three main indexes on Wall Street also fell on reports that Biden planned to raise income taxes on the wealthy, a proposal some said would be hard to pass in Congress. "If it had a chance of passin...

Source: trust.org
EXCLUSIVE-Trump slams China's Huawei, halting shipments from Intel, others -sources - Vimarsana News

EXCLUSIVE-Trump slams China's Huawei, halting shipments from Intel, others -sources

Karen Freifeld, Alexandra Alper (Adds Intel, background on U.S. efforts on Huawei) NEW YORK/WASHINGTON, Jan 17 (Reuters) - The Trump administration notified several Huawei suppliers, including chipmaker Intel, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told Reuters. The action against Huawei Technologies - likely the last against the company under Republican President Donald Trump’s administration - is the latest in a long-running effort to weake...

EXCLUSIVE-Trump slams China's Huawei, halting shipments from... - Vimarsana News

EXCLUSIVE-Trump slams China's Huawei, halting shipments from...

By Karen Freifeld and Alexandra Alper NEW YORK/WASHINGTON, Jan 17 (Reuters) - The Trump administration notified several Huawei suppliers, including chipmaker Intel, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told Reuters. The action against Huawei Technologies - likely the last against the company under Republican President Donald Trump's administration - is the latest in a long-running effort to weaken the world's largest telecommunications equipm...

Source: trust.org