American companies

WASHINGTON | US Treasury issues new rules on foreign investments

WASHINGTON— The Treasury Department has issued new rules on foreign investments into American companies that will give the government more power to block foreign transactions on national security grounds. The rules represent the latest escalation in an intensifying economic conflict between the United States and China. It will implement a program for tougher reviews of … Continue reading WASHINGTON | US Treasury issues new rules on foreign investments

BEIJING | China avoids questions about chip hack report

BEIJING  — A Chinese government spokesman has sidestepped questions about a report that its spies inserted chips into computer equipment that might allow them to hack into U.S. companies and government agencies. The spokesman, Lu Kang, responded to questions Monday from reporters by directing them to statements by the equipment supplier and customers including Apple … Continue reading BEIJING | China avoids questions about chip hack report

HONG KONG | China tech stocks Lenovo, ZTE tumble after chip hack report

HONG KONG— Chinese tech stocks Lenovo Group and ZTE Corp. have tumbled in Hong Kong following a news report Chinese spies might have used chips supplied by another company to hack into U.S. computer systems. Lenovo shares fell 20 percent on Friday but recovered some of that to be off 15 percent at mid-afternoon. ZTE … Continue reading HONG KONG | China tech stocks Lenovo, ZTE tumble after chip hack report

BEIJING | Survey: US companies in China hurt by tariff war

BEIJING— Two-thirds of American companies in China say they have been hurt by the spiraling U.S.-Chinese tariff war, two chambers of commerce reported Thursday, and they appealed to Washington and Beijing to restart negotiations aimed at a settlement. More companies say they will suffer if President Donald Trump goes ahead with a planned tariff hike … Continue reading BEIJING | Survey: US companies in China hurt by tariff war

NEW YORK | A look at companies embroiled in recent political debates

NEW YORK — Nike’s “Just Do It” campaign featuring Colin Kaepernick is a rare example of a brand jumping into a divisive issue uninvited. Still, like it or not, American companies are increasingly being pulled into the country’s political and cultural wars. Here’s a look at other companies that recently have courted controversy or been … Continue reading NEW YORK | A look at companies embroiled in recent political debates

BEDMINSTER, N.J. | Trump, at golf club, intent on projecting he’s hard at work

BEDMINSTER, N.J.  — President Donald Trump is spending his summer vacation at his golf club in New Jersey. Wait, don’t call it “vacation.” Trump, who is loath to admit to sleeping — let alone taking time off — has spent his week away mixing downtime and golf rounds with meetings and dinners, intent on projecting … Continue reading BEDMINSTER, N.J. | Trump, at golf club, intent on projecting he’s hard at work

US warns of North Korea’s global outsourcing of forced labor

American companies were put on notice this week by the Trump administration that they could face steep fines, or even criminal charges, if their business involves North Korean workers anywhere in their supply chain. A State Department advisory, published online, also provided the most detailed and comprehensive public listing to date of more than 40 … Continue reading US warns of North Korea’s global outsourcing of forced labor

BEIJING  | China blasts new US tariff threat, warns it will retaliate

BEIJING  — China on Tuesday threatened “comprehensive measures” in response to U.S. President Donald Trump’s new tariff hike, raising the possibility Beijing might target operations of American companies. Trump’s announcement fueled fears that economic losses, limited so far to companies hit by U.S. or Chinese tariff hikes, might spread if the dispute chills global trade. … Continue reading BEIJING  | China blasts new US tariff threat, warns it will retaliate