Taiwan Semiconductor Manufacturing Company has agreed to build an advanced chip factory in the United States, in a response to the Trump administration's growing concerns about the security of the global electronics supply chain and its competitive tensions with China, according to people briefed on the plans.
The New York Times
The world's second largest economy contracted 6.8% in the first quarter of 2020 compared to a year earlier, according to government statistics released Friday.
The Corning Incorporated Foundation has established a COVID-19 Unity Response Fund in partnership with the United Way of the Southern Tier, the Triangle Fund, and the Community Foundation of Elmira-Corning and the Finger Lakes to support organizations that provide vital human services across the tri-county region during this public health crisis.
Vint Cerf, vice president of research at Google and one of the main creators of the Internet, has tweeted that he tested positive for coronavirus. He also recommended people watch an HBO segment from comedian John Oliver about preventative steps that the US needs to take.
Apple is preparing the ground to possibly delay the launch of its first 5G iPhones as the coronavirus pandemic threatens global demand and disrupts the company's product development schedule, sources familiar with the matter have told the Nikkei Asian Review.
Nikkei Asian Review
President Donald Trump says he wants the nation "opened up and just raring to go by Easter" - a date just more than two weeks away that few health experts believe will be sufficient in containing the spread of coronavirus.
California has issued a "stay at home" order to residents as it tries to stem the march of the coronavirus across the most populous US state. Governor Gavin Newsom earlier estimated more than half of the 40 million people in his state would contract Covid-19 in just the next two months.
Amazon is temporarily refusing to stock certain items in its warehouses, to cope with overwhelming demand for household essentials due to the coronavirus pandemic. It means third-party sellers of non-essential items could find it difficult to ship orders to customers.
San Francisco Bay area officials unveiled Monday what might be the most aggressive and restrictive measures in the country yet to curb the spread of the coronavirus. All residents of six Bay Area counties, including San Francisco, Santa Clara, San Mateo, Marin, Contra Costa and Alameda, have been asked to remain home as much as possible.
US President Donald Trump has said the nationwide coronavirus emergency could last until the end of the summer or even longer. He said Americans over the next 15 days should not gather in groups of more than 10 and avoid bars, restaurants, food courts, gyms and crowds.
US President Donald Trump has announced sweeping new travel restrictions on Europe in a bid to combat the spread of the coronavirus: all travel from Europe will be suspended for 30 days.
Bezos Earth Fund will fund efforts to protect the planet from effects of climate change.
Some 242 people died from the new coronavirus in the Chinese province of Hubei on Wednesday - the deadliest day since the outbreak began. There was also a huge increase in the number of cases, with 14,840 people diagnosed with the virus.
The crowd is now buying on the news of the coronavirus slowing, even though the stock market is higher now than when the coronavirus first emerged.
Chinese President Xi Jinping warned top officials last week that efforts to contain the new coronavirus had gone too far, threatening the country's economy, sources told Reuters, days before Beijing rolled out measures to soften the blow.
Talk of the risk of the world's two major powers "decoupling" surfaced as their trade battle, which began in 2018, heated up - leading to billions of dollars of tariffs imposed on each other's goods.
You can spend anywhere from $700 to $5,000 for Sony's Android TV sets.
Tesla has unveiled its "Cybertruck" pickup truck, but not without an embarrassing moment on stage.
A secretive startup backed by Bill Gates has achieved a solar breakthrough aimed at saving the planet.
The EU has agreed to extend Brexit until 31 January 2020, according to a tweet from the European Council president. Donald Tusk said the bloc would allow for a so-called "flextension" - meaning the UK could leave before the deadline if a deal was approved by Parliament.
The US-China trade war is rocking America's manufacturing industry. It's denting profits for major companies like Hasbro and Caterpillar. And farmers are hurting badly.
Shares spiked more tan 20% after Tesla posted the surprise profit and said it was ahead of schedule with a new factory in Shanghai.
They come from TP-Link's Kasa smart home brand, which is also debuting a new multicolor light strip. You'll be able to control all of it with Alexa and Google Assistant.
China's economy grew at its slowest pace since the early 1990s in the third quarter, official figures showed. In the three months to September, the economy expanded 6% from a year earlier, falling just short of expectations for 6.1% growth.
To Goldman Sachs CEO David Solomon, the current economic environment doesn't feel like the pre-crisis days of August 2007. But he identifies at least one thing that could cause the economy to go off track: The trade war.
Bank of America sees a greater than 30% chance of a recession in the next year, based on recent data.
In a shot across the bow of online titans like Facebook, Google and Amazon, the Justice Department announced Tuesday it has opened a wide-ranging antitrust investigation of big technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers.
China's STAR Market kicked off its second day of trading on Tuesday with sharp falls in most listed shares a day after they posted average gains of 140%, underscoring the volatility of the country's new Nasdaq-style board.
According to figures from the data research firm Rhodium Group, investment from China hit an all-time high of $46.5 billion in 2016. The following year that amount dropped to $29.7 billion before plummeting to a nine-year low of $5.4 billion in 2018. During that two-year period, investment declined 88 percent.
China is expected to report on Monday that economic growth slowed to its weakest pace in at least 27 years in the second quarter, reinforcing the case for more stimulus as a bruising trade war with the United States drags on.
The US and China have tentatively agreed to another truce in their trade war in order to resume talks aimed at resolving the dispute, sources familiar with the situation said.
South China Morning Post
"She hates the United States perhaps worse than any person I've ever met," Trump said in an interview with Fox Business Network in an apparent reference to EU competition commissioner Margrethe Vestager.
FOX Business' Connell McShane talks to China Commerce Ministry senior official Wang Hejun about the trade war and the Chinese economy.
President Xi Jinping's chief US trade war negotiator did not specifically reference rising tensions with United States during surprise speech in Shanghai
South China Morning Post
Who needs actual walls?
The UK and South Korea have signed in principle a free trade agreement (FTA) that seeks to maintain existing trade arrangements post-Brexit.
They're in a no-win situation.
China is creating a system to protect its technology, according to state media.
In a surprise announcement that could compromise a major trade deal, Donald Trump announced on Thursday that he is slapping a 5% tariff on all Mexican imports to pressure the country to do more to crack down on the surge of Central American migrants trying to cross the border.
As Beijing threatens the United States with the possibility of a rare earths export ban amid rising trade tensions, Chinese state media has sent an ominously worded warning to Washington: "Don't say we didn't warn you."