internet companies

NEW YORK | US stocks keep rising as investors hope for trade progress

NEW YORK  — Jan 08, 2019—U.S. stocks are climbing Tuesday as industrial and internet companies and retailers rise, putting the S&P 500 index on track for its first three-day winning streak since late November. The latest round of trade talks between the U.S. and China ended without word of progress, but with no evident signs … Continue reading NEW YORK | US stocks keep rising as investors hope for trade progress

TORONTO | The Latest: Official IDs Canadian missing in China

TORONTO— The latest on the frictions between Canada and China over the arrest of a top Chinese tech executive (all times local): 9:10 p.m. An official familiar with the matter says the Canadian man missing in China and feared detained is entrepreneur Michael Spavor. Spavor is director of the Paektu Cultural Exchange and is one … Continue reading TORONTO | The Latest: Official IDs Canadian missing in China

BEIJING | The Latest: Canada ex-adviser says China pressure won’t work

BEIJING — The Latest on the arrest of a top executive of Chinese tech giant Huawei in Canada (all times local): 11:30 a.m. A former foreign policy adviser to Canadian Prime Minister Justin Trudeau says Chinese pressure on the Canadian government to release a top executive of Huawei won’t work. In a tweet, Roland Paris … Continue reading BEIJING | The Latest: Canada ex-adviser says China pressure won’t work

BEIJING | China: Canada’s detention of Huawei exec ‘vile in nature’

BEIJING — China has summoned the Canadian ambassador to protest the detention of a top executive of leading Chinese tech giant Huawei, calling it “unreasonable, unconscionable, and vile in nature” and warning of “grave consequences” if she is not released. A report by the official Xinhua News Agency carried on the Foreign Ministry’s website says … Continue reading BEIJING | China: Canada’s detention of Huawei exec ‘vile in nature’

WASHINGTON | The Latest: EU warns there’s reason to worry about Huawei

WASHINGTON  — The Latest on the arrest of an executive of Chinese telecoms equipment maker Huawei Technologies (all times local): 8:05 a.m. The European Union’s technology commissioner says the bloc should be worried about possible security risks from telecom giant Huawei and other Chinese companies. EU Digital Market Commissioner Andrus Ansip said there’s reason for … Continue reading WASHINGTON | The Latest: EU warns there’s reason to worry about Huawei

S&P 500 slides into ‘correction’ for second time this year

U.S. stocks closed lower after a shortened session Friday, bumping the benchmark S&P 500 index into a correction, or drop of 10 percent below its most recent all-time high in September. Energy companies led the market slide as the price of U.S. crude oil tumbled to its lowest level in more than a year, reflecting … Continue reading S&P 500 slides into ‘correction’ for second time this year

NEW YORK | Stocks edge higher on Wall Street after 2 days of big losses

NEW YORK — Stocks in the U.S. finished mostly higher Wednesday, a break after two days of steep losses. Technology and internet companies and retailers were responsible for most of the gains. The gains came from high-growth stocks such as retail and industrial companies, and energy companies benefited as crude oil rose about 2 percent. … Continue reading NEW YORK | Stocks edge higher on Wall Street after 2 days of big losses

NEW YORK | Tech stock take US indexes lower; oil prices sink again

NEW YORK — Renewed losses for technology companies are taking U.S. stock indexes slightly lower Monday morning. Internet companies are also down, while energy companies are falling along with the price of oil. High-yielding defensive stocks including real estate and utility companies are rising. Nissan’s stock sank after the company accused its chairman of serious … Continue reading NEW YORK | Tech stock take US indexes lower; oil prices sink again

NEW YORK | Stocks skid as tech companies fall; oil plunge continues

NEW YORK— U.S. stocks fell Friday as a combination of weak economic data from China and disappointing earnings hurt technology and internet companies. Crude oil prices fell for the 10th day in a row. Auto sales in China fell in October for the fourth month in a row and are down 13 percent from a … Continue reading NEW YORK | Stocks skid as tech companies fall; oil plunge continues

NEW YORK | US stocks jump following strong company earnings

NEW YORK— Strong earnings are sending U.S. stocks higher Friday at the end of a choppy week of trading. Consumer products maker Procter & Gamble is surging after reporting strong sales of beauty products in its latest quarter, while credit card company American Express and payment processor PayPal also jumped. Technology and internet companies are … Continue reading NEW YORK | US stocks jump following strong company earnings

BEIJING | China says ex-Internet czar on trial over corruption charges

BEIJING — China’s former internet censor has gone on trial over allegations of corruption. State broadcaster CCTV says Lu Wei is accused of accepting 32 million yuan ($4.6 million) in bribes. It said his trial began Friday in the eastern city of Ningbo with 60 officials, reporters and members of the public present. China has … Continue reading BEIJING | China says ex-Internet czar on trial over corruption charges

NEW YORK | Stocks sink on weak industrial earnings; tech skid resumes

NEW YORK — U.S. stocks slumped again Thursday as investors continued to sell shares of technology and internet companies, industrials, and companies that rely on consumer spending. Several industrial companies tumbled after releasing weak quarterly reports, and European stocks also fell as European Union leaders criticized Italy’s spending plans. At the start of trading, stocks … Continue reading NEW YORK | Stocks sink on weak industrial earnings; tech skid resumes

NEW YORK | US stocks dip; European stocks slide on Italy concerns

NEW YORK  — U.S. stocks are slipping again Monday morning, and technology and internet companies are taking some of the biggest losses. Energy companies are down with oil prices. Stocks are coming off two weeks of declines, and a big jump in bond yields startled investors last week. Stocks in Europe are falling after Italy’s … Continue reading NEW YORK | US stocks dip; European stocks slide on Italy concerns

BRUSSELS | From music to news, EU moves to protect online copyright

BRUSSELS — The European Union wants to shake up the way internet companies handle media, e-books, digital music, news articles and other content posted online by better protecting the rights of the authors and creators. EU lawmakers voted to back a report that has proved controversial and seen celebrities weigh in. Beatles member Paul McCartney … Continue reading BRUSSELS | From music to news, EU moves to protect online copyright