Business Wire Archives | Page 2 of 61
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Business Wire


Verizon and AT&T to end location data sales to brokers

• Updated on  June 19, 2018 at 2:10 pm
Verizon and AT&T have pledged to stop providing information on phone owners’ locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy. Read More

Commerce Secretary shorted stock as negative coverage loomed

Commerce Secretary Wilbur Ross shorted stock in a shipping firm — an investment tactic for profiting if share prices fall — days after learning that reporters were preparing a potentially negative story about his dealings with the Kremlin-linked company. Read More

Trump raises risk of economically harmful U.S.-Chinese trade war


• Updated on  June 19, 2018 at 2:08 pm
The United States and China edged closer today to triggering the riskiest trade war in decades, a fight that could weaken the world’s two largest economies, unsettle relations between Beijing and Washington and crimp global growth. The collateral damage could be widespread. Read More

Welcome to the future: electric plane soars over Norway

Norway’s transportation minister and the head of the Scandinavian country’s airport operator took off today for a short flight … aboard a Slovenian-made two-seater electric airplane. Read More

Experts say auto tariffs would raise prices, cost jobs

Every workday, about 7,400 trucks rumble across the Ambassador Bridge connecting Detroit and Canada. But if President Donald Trump delivers on threats to slap 25 percent tariffs on imported vehicles and components, there will be far fewer big rigs heading to factories that are now humming close to capacity on both sides of the border. Read More

Former Mexico President Vicente Fox joins High Times board

Former Mexico President Vicente Fox, who calls himself a soldier in the global campaign to legalize marijuana, is joining the board of directors of venerable cannabis publication High Times to advance his agenda. Read More

China threatens tariffs on U.S. lobsters as business booms

• Updated on  June 15, 2018 at 3:35 pm
A set of retaliatory tariffs released by China today includes a plan to tax American lobster exports, potentially jeopardizing one of the biggest markets for the premium seafood. Read More

China hikes tariffs on U.S. soybeans, electric cars, fish

• Updated on  June 15, 2018 at 5:36 pm
China fired back Saturday in a spiraling trade dispute with President Donald Trump by raising import duties on a $34 billion list of American goods including soybeans, electric cars and whiskey. Read More

Caesars workers in Las Vegas approve new contract deal

• Updated on  June 14, 2018 at 7:00 pm
Housekeepers, bartenders and other unionized workers at Las Vegas casino-resorts operated by Caesars Entertainment approved a new five-year contract, ending the possibility of a strike at those properties. Read More

Apple closing iPhone security gap used by law enforcement


• Updated on  June 14, 2018 at 11:52 am
Apple is closing a security gap that allowed outsiders to pry personal information from locked iPhones without a password, a change that will thwart law enforcement agencies that have been exploiting the vulnerability to collect evidence in criminal investigations. Read More

White House slams suit over Trump’s foundation

• Updated on  June 14, 2018 at 12:42 pm
The White House is blasting a lawsuit filed by New York’s attorney general against President Donald Trump and his foundation, suggesting that is politically motivated. Read More

Proposed U.S. banking fix for marijuana may not open all doors

A proposal in Congress to ease the U.S. ban on marijuana could encourage more banks to do business with cannabis companies, but it appears to fall short of a cure-all for an industry that must operate mainly as a cash business in a credit card world. Read More

Etsy raises fees and revenue outlook, shares soar

Etsy’s stock is soaring after the online crafts company announced an increase in fees and boosted its revenue outlook for the year. Read More