WASHINGTON (AP) — President Donald Trump said Friday that he’s suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called “a direct and blatant attack on our country.” Trump, in a post on his social media network, said Canada had just informed the U.S. that it…
Check out the companies making headlines before the bell: Nike — Shares of the sneaker giant jumped 10% after Nike posted fiscal fourth-quarter results that beat expectations and said it expects profit and sales declines to moderate in the future. Nike said it has already taken its biggest financial hit from its turnaround efforts, and…
A once-dominant Tesla has endured a rocky sales year in 2025, and new data out of Europe hints at a sustained slump, per Reuters. For years, Tesla functionally represented the entire EV market worldwide — while it never reached “generic trademark” status like Kleenex or Xerox, its name was nearly interchangeable with “electric vehicle.” As…
President Donald Trump speaks during the “One, Big, Beautiful Event” in the East Room of the White House in Washington, D.C., on Thursday, June 26, 2025. During the press conference, Trump remarked that a trade deal has been signed with China. Photo by Ken Cedeno/UPI | License Photo June 27 (UPI) — The United States…
MANILA, Philippines (AP) — Asian shares were mostly higher on Friday after U.S. stocks ran up to the edge of another record. U.S. futures and oil prices also logged slight gains. Investors were watching for further details after President Donald Trump said the U.S. and China had signed a trade deal. Commerce Secretary Howard Lutnick…
In contrast, Chinese internet giants generally adopt a “traffic-driven, closed-loop ecosystem” strategy. ByteDance, for instance, uses short video platforms as the entry point and expands horizontally into areas such as e-commerce (TikTok Shop) and office applications (Feishu/Lark). Tencent builds vertically on its WeChat social network by integrating gaming, payments and enterprise services. Meanwhile, Alibaba revolves…
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CHONGQING, China (AP) — Activity at Chinese ports has rebounded since U.S. President Donald Trump and China’s leader Xi Jinping agreed to resume trade talks and put off imposing massive tariffs on each other’s exports. That’s true, also, of inland ports along China’s mighty Yangtze River. The Chongqing International Logistics Hub Park, more than 1,000…
The United States and China reached a “framework” agreement aimed at implementing a deal based on bilateral trade talks that started in Geneva, Switzerland last month, the White House said. The clarification came shortly after US President Donald Trump said that the US had signed a trade deal with Beijing a day earlier, offering no…
Check out the companies making headlines in after-hours trading: Nike — The athletic retailer fell 2%. While Nike beat expectations on the top and bottom lines in the fiscal fourth quarter, the company said sales dropped 12% from the same period a year prior. CorMedix — The biopharmaceutical stock tumbled 10% after announcing a common…