Joseph Nordqvist 3170 posts

The Trump administration has advised the Federal Communications Commission (FCC) to deny China Mobile from providing telecom services in the US, citing risks to US national security. "After…

Canadian tariffs on metal products and 250 other US goods have gone into effect. Canada has imposed a 25% tariff on US metal products and a 10% tariff on 250 other US goods, including whiskeys and…

Tesla appears to have reached a new manufacturing milestone after months of delays. According to a report by Reuters, the electric-car maker nearly produced 5,000 Model 3 electric sedans in the…

Earlier this week Adidas announced that its systems may have been breached. The information of millions of customers could have been exposed by the breach. Adidas said that it first became aware…

Minnesota-based Polaris Industries said on Friday that the company is considering moving production of some of its motorcycles overseas. Polaris manufactures motorcycles through its Victory…

Tesco is trialing a new checkout system that doesn’t require customers going to the till. The retailer’s new “shop and go” technology lets customers use an app to scan the barcodes of products on…

Nike stock surged to record highs on Friday after the sportswear giant reported a 3% increase in sales in the most recent quarter. Nike reported net income of $1.1 billion, or 69 cents per share,…

The UK economy grew by 0.2% in the first-quarter of the year, according to the Office for National Statistics (ONS). The services industries made the largest contribution to GDP growth, followed by…

Amazon is offering incentives for entrepreneurs to start their own small scale-delivery service. The online retailer announced a new program called Delivery Service Partners designed to let people…

Contracts to buy previously owned homes dropped in May amid a shortage of properties on the market. The National Association of Realtors said that its pending homes sales index dropped 0.5 percent…

Boeing unveiled a rendering of a hypersonic jet - capable of flying as fast as Mach 5, just under 3,900 miles per hour. The company says it is looking into what could be possible for flight in the…

General Electric revealed plans to spin off its healthcare business and shed its stake in the oil-services company Baker Hughes. In a statement General Electric said it will focus on its aviation,…

Harley Davidson said it will be shifting some of its US production elsewhere to remain competitive in the European market. The announcement comes after the EU imposed retaliatory tariffs on the US.…

Countrywide, the largest estate agent group in Britain, issued its second profit warning of the year. Shares in the company, whose brands include Hamptons, Bridgfords and Bairstow Eves, dropped by…

Uber will begin a court proceeding in London on Monday that will determine whether the firm is “fit and proper” to have an operator licence in the UK capital. The hearing will be held at…

The European Union has introduced tariffs on €2.8 billion worth of US goods. The retaliatory tariffs went into force on Friday and take the form of an increase in duty of 10%, 25%, 35% and 50% on…