Trump regrets not raising tariffs on China higher, White House says
BIARRITZ, France (Reuters) – President Donald Trump wishes he had raised tariffs on Chinese goods even higher last week, the White House said on Sunday, even as Trump signaled he…
Top U.S. publishers sue Amazon’s Audible for copyright infringement
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal Rossignol (Reuters) – Amazon.com Inc’s Audible was sued by some…
Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550 billion in targeted…
Exclusive: Fearing data privacy issues, Google cuts some Android phone data for wireless carriers
NEW YORK/SAN FRANCISCO (Reuters) – Alphabet Inc’s Google has shut down a service it provided to wireless carriers globally that showed them weak spots in their network coverage, people familiar…
Amazon.com defeats IRS appeal in U.S. tax dispute
(Reuters) – Amazon.com Inc (AMZN.O) on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over its tax…
Facebook failed to warn users of known risks before 2018 breach: court filing
(Reuters) – Facebook (FB.O) users suing the world’s largest social media network over a 2018 data breach say it failed to warn them about risks tied to its single sign-on…
Macy’s shares sink as discounts to clear inventory hurt, tourism drops
(Reuters) – Macy’s Inc (M.N) cut its full-year earnings forecast on Wednesday after missing estimates for quarterly profit for the first time in at least two years, as it discounted…
Trade tensions and a weaker yuan drive Chinese crypto demand, market players say
LONDON/NEW YORK (Reuters) – Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New…
Macy’s sinks as discounts to clear inventory backfire, tourism drops
(Reuters) – Macy’s Inc (M.N) slashed its full-year earnings forecast on Wednesday after missing estimates for quarterly profit for the first time in at least two years, as it discounted…
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 Photos -/File Photo WASHINGTON (Reuters) – Eight state attorneys general…