U.S. Supreme Court rejects Apple appeal in patent fight with VirnetX
FILE PHOTO: The Apple logo is shown atop an Apple store at a shopping mall in La Jolla, California, U.S.,…
Warren Buffett calls coronavirus outbreak ‘scary stuff,’ but says he won’t be selling stocks
(Reuters) – Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc (BRKa.N), on Monday called the coronavirus outbreak “scary stuff”…
U.S. Supreme Court rejects Apple appeal in patent fight with VirnetX
FILE PHOTO: The Apple logo is shown atop an Apple store at a shopping mall in La Jolla, California, U.S.,…
Buffett calls coronavirus outbreak ‘scary,’ but says he won’t be selling stocks
(Reuters) – Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc (BRKa.N), on Monday called the coronavirus outbreak “scary stuff”…
Buffett says coronavirus doesn’t dampen his long-term support for stocks
FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire…
Apple unlikely to meet revenue guidance due to coronavirus impact
(Reuters) – Apple Inc (AAPL.O) said on Monday it would not meet its revenue guidance for the March quarter because…
Earnings volatility set to kick in as coronavirus worries mount
NEW YORK (Reuters) – Concerns over the outbreak of coronavirus from China have largely overshadowed corporate results, but the back…
Apple to close all China mainland stores due to virus outbreak
FILE PHOTO: People wearing protective masks are seen in an Apple Store, as China is hit by an outbreak of…
Factbox: Companies feel impact of coronavirus outbreak in China
(Reuters) – Some companies have warned that a coronavirus outbreak in China that has killed more than 250 people and…
Exclusive: Apple dropped plan for encrypting backups after FBI complained – sources
SAN FRANCISCO (Reuters) – Apple Inc (AAPL.O) dropped plans to let iPhone users fully encrypt backups of their devices in…
Best Buy starts investigation into CEO’s personal conduct
FILE PHOTO: A sign marks a Best Buy store in Salem, New Hampshire, U.S., November 25, 2019. REUTERS/Brian Snyder (Reuters)…
U.S., China reset trade relationship with Phase 1 agreement
WASHINGTON (Reuters) – The United States and China announced an initial trade deal on Wednesday that will roll back some…
Saudi Aramco says IPO priced at top to make it world’s biggest IPO
RIYADH/DUBAI (Reuters) – State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its…
Saudi Aramco prices shares at top of range in world’s biggest IPO
DUBAI/RIYADH Reuters) – State-owned oil giant Saudi Aramco’s initial public offering (IPO) will be the biggest in history, but will…
Trump vague about whether he will veto bills that back Hong Kong protesters
WASHINGTON (Reuters) – U.S. President Donald Trump was vague on Friday about whether he would sign or veto legislation to…
Apple pledges $2.5 billion to fight California housing crisis
(Reuters) – Apple Inc on Monday said it would commit $2.5 billion to easing a housing shortage that has driven…
U.S. Supreme Court rejects Charter appeal of Sprint patent verdict
FILE PHOTO: The U.S. Supreme Court building is pictured in Washington, U.S., March 20, 2019. REUTERS/Leah Millis WASHINGTON (Reuters) –…
Netflix shares jump as subscribers grow ahead of Disney, Apple attack
(Reuters) – Netflix Inc (NFLX.O) added slightly more paying subscribers than Wall Street expected in the third quarter, a relief…
M&S suffers fresh blow as finance chief quits
(Reuters) – Marks & Spencer Group Plc (MKS.L) said on Saturday its chief financial officer, Humphrey Singer, was stepping down…
Factbox: Tariffs in place or planned for nearly all goods traded by U.S. and China
(Reuters) – U.S. and Chinese trade negotiators are meeting in Washington this week to find ways to defuse a trade…
Wall Street mixed as Microsoft climbs and Apple dips
(Reuters) – Wall Street ended mixed on Thursday, with a gain in Microsoft offsetting a dip in Apple, a day…
Huawei talks up own apps with Mate 30 challenge to Apple, Samsung
MUNICH (Reuters) – Huawei unveiled its new smartphones to challenge Apple’s (AAPL.O) iPhone 11 on Thursday, talking up slick design…
Apple says Uighurs targeted in iPhone attack but disputes Google findings
FILE PHOTO: A woman looks at the screen of her mobile phone in front of an Apple logo outside its…
Factbox: Next rounds of Trump’s tariffs on Chinese goods to hit consumers
(Reuters) – U.S. President Donald Trump’s next round of tariffs on Chinese imports is scheduled to take effect starting on…
U.S. says no grace period for Chinese imports facing tariffs on Sept. 1
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song WASHINGTON…
Wall Street Weekahead: Retailers in spotlight as tariffs on consumer products kick in
SAN FRANCISCO (Reuters) – U.S. retailers will be front and center on Wall Street next week as the United States…
Best Buy’s sales forecast falls short as tariffs loom
(Reuters) – Best Buy Co Inc (BBY.N) blamed planned U.S. tariffs on Chinese imports and uncertainty about future consumer behavior…
Wall Street rallies after China trade comments
NEW YORK (Reuters) – U.S. stocks rallied more than 1% on Thursday, buoyed by gains in the trade-sensitive technology and…
Apple likely to unveil latest iPhone on September 10
(Reuters) – Apple Inc (AAPL.O) will host an event on Sept. 10 at the Steve Jobs Theater in the company’s…
Wall Street Weekahead: Investors look at dollar stores as U.S. recession fears increase
NEW YORK (Reuters) – More investors are watching the shares of discount retailers like Dollar General Corp (DG.N) and Dollar…
Trump presses U.S. companies to close China operations
WASHINGTON (Reuters) – President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close…
Trump says he is having dinner Friday with Apple CEO Cook
BEDMINSTER, N.J. (Reuters) – U.S. President Donald Trump said he was having dinner on Friday with Chief Executive Officer Tim…
AMS plans rival takeover bid for Germany’s Osram
FILE PHOTO: CEO of lamp manufacturer Osram Olaf Berlien poses during the opening of the company ‘World of light’ showroom…
U.S. attorney general, state officials discuss big tech firms’ effect on competition
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google are seen in a combination photo from Reuters files. REUTERS/File…
Apple pays $1 billion for Intel unit in push for chip independence
(Reuters) – Apple Inc (AAPL.O) took a major step toward supplying its own smartphone chips by purchasing the majority of…
Big Tech faces broad U.S. Justice Department antitrust probe
WASHINGTON (Reuters) – The U.S. Justice Department said on Tuesday it was opening a broad investigation of major digital technology…
LG Display to invest $2.6 billion in OLED panel plant in South Korea
FILE PHOTO: A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/File Photo…
Netflix sinks on subscriber losses, analysts still see growth
(Reuters) – Wall Street brokerages stuck to a positive outlook on Netflix Inc (NFLX.O) on Thursday, betting that a strong…
Tech executives head to Capitol Hill for antitrust hearing
WASHINGTON (Reuters) – Executives from tech giants Apple Inc, Amazon.com Inc, Facebook Inc and Alphabet’s Google go before the House…
Five things to look for in Netflix’s second-quarter report
NEW YORK (Reuters) – When Netflix Inc (NFLX.O) reports second-quarter earnings on Wednesday, a big question is how the streaming…
Trump sees slowing Chinese growth pressuring Beijing on trade
WASHINGTON (Reuters) – U.S. President Donald Trump on Monday seized on slowing economic growth in China as evidence that U.S.…
Irish regulator opens third privacy probe into Apple
FILE PHOTO: An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough…
Best-case scenario for Trump-Xi talks is resumption of trade negotiations: Pence adviser
FILE PHOTO: White House director of legislative affairs Marc Short takes part in a daily briefing at the White House…
U.S. hopes to re-launch China trade talks, will not accept conditions on tariffs
WASHINGTON (Reuters) – The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi…
U.S. tariffs on China-made consumer tech goods seen cutting sales, delaying upgrades
WASHINGTON (Reuters) – U.S. consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of…
U.S. firms say China tariffs will raise costs, see few sourcing alternatives
WASHINGTON (Reuters) – A wide range of U.S. companies told a hearing in Washington on Monday that they have few…
Bah humbug! Trump’s plan for more China tariffs to hit festive shoppers
WASHINGTON/NEW YORK (Reuters) – This year’s holiday season could be tighter for many Americans if the U.S. government imposes tariffs…
U.S. to launch public hearings on additional China tariffs next week
FILE PHOTO: Workers load goods for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7,…
Broadcom’s $2 billion warning rattles global chip sector
LONDON/BENGALURU (Reuters) – Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China…
Republican senator criticizes potential dual U.S. antitrust tech probes
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo from Reuters files. REUTERS WASHINGTON (Reuters)…
Trump presses China to reverse stance on structural reform if it wants trade deal
WASHINGTON (Reuters) – President Donald Trump said on Tuesday that he was holding up a trade deal with China and…
U.S. moving toward major antitrust probe of tech giants
WASHINGTON (Reuters) – The U.S. government is gearing up to investigate the massive market power of Amazon, Apple, Facebook and…
House panel to probe competition in digital markets
WASHINGTON (Reuters) – The U.S. House of Representatives Judiciary Committee said on Monday it had started a bipartisan investigation into…
How tariff hikes are squeezing the U.S. furniture business
LOS ANGELES/CHICAGO (Reuters) – When President Donald Trump decided to raise tariffs on Chinese imports earlier this month, Francis O’Brien…
Pence, Trudeau to discuss Huawei and China trade issues in Ottawa: official
WASHINGTON (Reuters) – U.S. Vice President Mike Pence and Canadian Prime Minister Justin Trudeau will discuss their countries’ joint dispute…
Best Buy keeps full-year view, warns of higher prices from more tariffs
(Reuters) – Best Buy Co Inc on Thursday stuck to its full-year forecast due to the impact of the latest…
Factbox: U.S. companies warn Trump’s tariffs could hit results
(Reuters) – A host of U.S. consumer companies have warned that costs related to tariffs on goods imported from China…
U.S. Customs agency issues tariff increase notice, allows grace period
FILE PHOTO: A general view of Hongkong International Terminals (HIT), owned by Hutchison Port Holdings, as part of the Kwai…
Berkshire swings to big profit; Buffett laments Kraft Heinz
OMAHA, Neb. (Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Saturday said gains in its stock investments fueled a big…