BEIJING – China is criticizing recent moves by the U.S. government and Congress targeting the sale of fake goods and Chinese telecoms equipment. Continue Reading Below Commerce Ministry spokesman Gao Feng said Thursday that the U.S. Trade Representative lacked “objectivity” and supporting evidence in listing three Chinese online commerce platforms […]
FAN Editor
Old hands in South Korea bitcoin market unfazed by threats of ban
Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent. Although the cryptocurrency market lost about $200 billion this week, or a third of its value, these investors […]
Luggage limbo: Bags still missing after JFK airport woes
NEW YORK – Newlywed Ziad Dallal and his wife arrived home in New York, with wedding keepsakes in their bags, to find John F. Kennedy International Airport paralyzed by winter weather woes that canceled flights, froze equipment and separated thousands of passengers from their luggage. Continue Reading Below Ten days […]
“Cruel and humiliating gesture,” family says as Ohio businessman faces deportation
An Ohio businessman suddenly faces deportation less than two weeks after immigration officials told him his stay was delayed, CBS affiliate WKBN reports. Now, instead of Amer “Al” Adi Othman having a meal with his family, he’s on a hunger strike from his jail cell Wednesday until the matter is […]
Red Lobster’s plan: Kitchen upgrades, small-plate dishes
NEW YORK – What’s on the menu for Red Lobster’s future? Delivery, online ordering and snack-friendly dishes, such as fries topped with cheese, fried clams and a layer of chowder. Continue Reading Below The chain, which turns 50 this year, hopes the moves will hook diners at a time when […]
South Korea is considering shutting down all virtual currency exchanges, regulator says
South Korean policymakers joined the global chorus of virtual-coin critics on Thursday, saying Seoul is considering shutting down domestic virtual currency exchanges as the new breed of market exposes users to speculative frenzy and crime. The country’s tough stance comes as policymakers from the United States to Germany struggle to […]
Trump’s lawyer says president “very eager” to talk to Mueller
President Trump’s attorney Ty Cobb says the president is “very eager” to speak to special counsel Robert Mueller for his Russia investigation. In an interview with CBS News’ chief White House correspondent Major Garrett on this week’s “The Takeout” podcast, Cobb said Mr. Trump wants to put the matter to rest, […]
NTSB: High speed, low rotor speed led to helicopter crash
FORT WORTH, Texas – Federal investigations have concluded that vibration caused by high speed and low rotor rotation speed both led to a Bell Helicopter aircraft crash that killed two people. Continue Reading Below The crash happened July 6, 2016, about 40 miles south of Dallas as the crew was […]
Asian shares advance after Wall Street rally; eyes on China
Shares were broadly higher in Asia on Thursday after a rally on Wall Street that took the Dow Jones industrial average to its first close above 26,000. Traders are awaiting the release of Chinese GDP figures later Thursday. Continue Reading Below KEEPING SCORE: Japan’s benchmark Nikkei 225 jumped 0.7 percent […]
Stock market’s rapid January rise already surpassing some full-year forecasts on Wall Street
Stock prices could soon be outrunning the herd. The S&P 500 has risen so quickly this month that it has already topped or matched many of Wall Street analysts’ freshly minted 2018 full-year forecasts, collected in CNBC’s strategist survey. The median target for year-end is currently 2,975, about a 6 […]