WeWork’s CEO Neumann to step down
New York – WeWork co-founder Adam Neumann has agreed to resign as chief executive of the U.S. office-sharing company but will remain as non-executive chairman, bowing to pressure from some of his investors, people familiar with the matter said on … Continue reading WeWork’s CEO Neumann to step down
China cancels U.S. farm visits
Washington – A U.S. – China trade deal appeared elusive on Friday after Chinese officials unexpectedly canceled a visit to farms in Montana and Nebraska as deputy trade negotiators wrapped up two days of negotiations in Washington. Chinese officials were … Continue reading China cancels U.S. farm visits
Japan and US agree on trade deal
Washington/Tokyo – U.S. President Donald Trump said on Monday Washington had struck trade agreements with Tokyo that could be implemented without congressional approval, but stopped short of assuring Japan that new tariffs would not be slapped on vital auto exports. … Continue reading Japan and US agree on trade deal
Trump compares Fed chief with ‘enemy’ China
Washington – President Donald Trump reacted furiously on Friday after Federal Reserve Chair Jerome Powell linked the trade war with China to risks to the U.S. economy, asking whether the man he handpicked to run the U.S. central bank was … Continue reading Trump compares Fed chief with ‘enemy’ China
U.S. grants Huawei another 90 days to buy American
Washington – The United States will extend a reprieve that permits China’s Huawei Technologies to buy components from U.S. companies to supply existing customers, the Commerce Department said on Monday, but it also moved to add more than 40 of … Continue reading U.S. grants Huawei another 90 days to buy American