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