US imports from China drop while imports from Vietnam rise

A mechanic works at factory in Hanoi, Vietnam. Chau Doan | LightRocket | Getty Images Nobody expects Vietnam to replace China as the world’s major exporter, but the Southeast Asian country certainly appears to be taking some of China’s business with the United States. In the first nine months of this year, U.S. imports from
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British comedian Sacha Baron Cohen, best known for his satirical portrayal of the fictitious Kazakh journalist Borat, is the latest public figure to call for greater regulation of Facebook and social media to combat fake news. In a keynote address at an Anti-Defamation League summit Thursday, the actor and director argued that social media companies should be
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Microsoft Corp. said it was granted a license to do business with China’s Huawei Technologies. “On November 20, the U.S. Department of Commerce granted Microsoft’s request for a license to export mass-market software to Huawei,” the Redmond, Wash.-based company said in a statement. “We appreciate the Department’s action in response to our request.” The U.S.
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A subsidiary of China’s largest construction group has suspended work on one of the nation’s tallest skyscrapers after the developer became the latest in a string of companies to default on a payment. The default highlights the growing challenges faced by China’s construction groups as the slowing economy trims credit supply, putting the once runaway
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WeWork says it is laying off around 2,400 employees globally  —  – The beleaguered office-sharing start-up is laying off 2,400 employees in an attempt to right-size the business.  — The layoffs come after several tumultuous months for WeWork, which were marred by a botched IPO … Source link

BELLEVUE Nov 21, 2019 (Thomson StreetEvents) — Edited Transcript of Expedia Group Inc earnings conference call or presentation Wednesday, November 6, 2019 at 9:30:00pm GMT * Alan R. Pickerill Expedia Group, Inc. – Executive VP & CFO * Mark D. Okerstrom Expedia Group, Inc. – President, CEO & Director Expedia Group, Inc. – VP of
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Enlarge / Louisiana state agencies were taken offline during the response to a Ryuk ransomware attack but are now largely up and running again thanks to backups. In October, the Federal Bureau of Investigation issued a warning of increased targeting by ransomware operators of “big game”—targets with deep pockets and critical data that were more
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Enlarge / Verizon 5G in Boston’s Fenway/Kenmore area. Verizon has continually touted its rollout of 5G as it reaches more cities with the latest cellular technology, but new coverage maps confirm what consumers have experienced: Verizon’s 5G network is only sparsely deployed even in major cities. You can check out Verizon’s new coverage maps that
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Charles Schwab is in talks to buy TD Ameritrade at a time when the brokerage business is succumbing to the trend of zero-commissions. Yahoo Finance’s Julie Hyman, Adam Shapiro, Dan Roberts and David Kotok, Cumberland Advisors’ Chairman and Chief Investment Officer discuss. Source link

Labour leader Jeremy Corbyn on Thursday unveiled the party’s most leftwing election manifesto in a generation including a new windfall tax on oil and gas companies that could raise more than £11bn. The new oil levy would be used to pay for what Labour described as a “just transition fund” providing an £11bn support package
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