President Trump said he wants to postpone the next Group of Seven nations meeting until September, and is looking to include additional countries. Mr. Trump told reporters traveling on Air Force One Saturday that he was planning to delay the meeting. He had been seeking to restore an in-person event …
Read More »The Wall Street Journal: Taiwan Semiconductor to build $12 billion chip factory in Arizona
Taiwan Semiconductor Manufacturing Co., the world’s largest contract manufacturer of silicon chips, said Friday it would spend $ 12 billion to build a chip factory in Arizona, as U.S. concerns grow about dependence on Asia for the critical technology. TSMC TSM, +2.31% 2330, +1.70% said the project, disclosed earlier Thursday …
Read More »The Wall Street Journal: Trump-Putin joint statement on Elbe anniversary alarms Russia critics in U.S.
President Trump issued a symbolic joint statement Saturday with Russian President Vladimir Putin, in a move that has stirred debate within the Trump administration and spawned concern among some lawmakers on Capitol Hill, according to people familiar with the document. The unusual declaration is intended to commemorate the 75th anniversary …
Read More »The Wall Street Journal: Amazon took data from its own sellers to develop competing products
Amazon.com Inc. AMZN, +1.92% employees have used data about independent sellers on the company’s platform to develop competing products, a practice at odds with the company’s stated policies. The online retailing giant has long asserted, including to Congress, that when it makes and sells its own products, it doesn’t use …
Read More »The Wall Street Journal: Expedia near deal to sell stake to private-equity firms
Expedia Group Inc. is in advanced talks to sell a stake to private-equity firms Silver Lake and Apollo Global Management Inc. APO, -4.74% after the widespread travel bans caused by the coronavirus pandemic ravaged the online-booking company’s business. Expedia EXPE, -4.50% , led by Barry Diller, is expected to hand …
Read More »The Wall Street Journal: Tesla seeks rent reductions to cut costs amid outbreak
Tesla Inc. has reached out to at least some of its landlords seeking rent reductions, according to firms contacted by the car company, as the auto maker looks for cost savings in response to the novel coronavirus outbreak that has closed much of its business. “The rapid world pandemic that …
Read More »The Wall Street Journal: Trump wants his signature to appear on coronavirus stimulus checks
WASHINGTON — President Trump signed a roughly $ 2 trillion stimulus package into law, hours after House lawmakers hustled back to the Capitol to pass the aggressive response to the coronavirus pandemic that has staggered the U.S. economy. Read now: Will you get a $ 1,200 check from the $ …
Read More »The Wall Street Journal: Sanders pulls away from Biden in latest WSJ/NBC News poll
Sen. Bernie Sanders has taken sole possession of the lead in the Democratic primary race, a new Wall Street Journal/NBC News poll finds, with four candidates essentially tied for second place amid declining support for former Vice President Joe Biden and the rising profile of Michael Bloomberg, the former New …
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