DANANG, Vietnam – The Latest on the summit of 21 Pacific Rim economies in Vietnam (all times local): Continue Reading Below 1:45 p.m. Talks aimed at salvaging a Pacific Rim trade pact rejected by President Donald Trump have resumed on the sidelines of a regional summit in Vietnam. Trade and […]
FOX Business News
US at climate talks may be like unhappy dinner guest
WASHINGTON – How’s this for awkward? The United States has a delegation at international climate talks in Bonn that will be telling other nations what they should do on a treaty that the president wants no part of. Continue Reading Below President Donald Trump has promised to withdraw the U.S. […]
General Electric signs $3.5 bln deals in China
General Electric signed three aviation and engine deals with Chinese partners worth a total of $3.5 billion on the sidelines of a state visit to Beijing by U.S. President Donald Trump, who has been looking to stir up U.S.-China trade. Continue Reading Below The partnerships were signed in the presence […]
Trade issues, North Korea in focus at Asia-Pacific summit
DANANG, Vietnam – President Donald Trump is just one of 21 leaders attending the annual Pacific Rim summit that begins Friday in the scenic coastal city of Danang, Vietnam. Continue Reading Below Trump’s withdrawal from a regional trade pact and his preference for country-to-country deals are at odds with the […]
Is This Qualcomm’s Next Big Opportunity?
Qualcomm (NASDAQ: QCOM) is desperately in the hunt for new opportunities to overcome the body blow dealt by Apple‘s lawsuit and competition from MediaTek in smartphone chips. Not surprisingly, the chipmaker has been trying to tap emerging tech trends such as artificial intelligence (AI), smart homes, and augmented reality (AR) to […]
Japan’s Nikkei at 26-year high, other Asia shares muted
HONG KONG – Japan’s stock benchmark rose Thursday to its highest in more than a quarter century on the yen’s weakness and healthy corporate earnings while other Asian markets were subdued. Continue Reading Below KEEPING SCORE: Japan’s benchmark Nikkei 225 index rallied 1.8 percent to 23,314.50, a level it hasn’t […]
Toyota Boosts Guidance as Profit Jumps 10%
Toyota Motor Corporation (NYSE: TM) said on Nov. 7 that its operating profit jumped 10% from a year ago in the quarter that ended on September 30, as a weaker yen boosted the Japanese auto giant’s export profits. Continue Reading Below Toyota’s operating profit of 522.2 billion yen ($4.58 billion) […]
This Gene Therapy Can Restore Vision, but Will It Break the Bank?
In October, Spark Therapeutics (NASDAQ: ONCE) took another step closer to FDA approval for its vision-restoring drug, Luxturna. An approval for the gene-editing therapy early next year would be a big breakthrough for precision medicine. But based on recent comments by Spark Therapeutics’ management, it appears that this breakthrough would […]
Applied Optoelectronics Pleases Investors After Setting the Stage With Lowered Guidance
Shares of Applied Optoelectronics (NASDAQ: AAOI) started sinking after the company issued a preliminary third-quarter report on Oct. 12. Final results reported on Nov. 7 are sending the stock up today, giving the stock a roughly 80% gain year to date, but investors who bought over the summer months are feeling […]
China’s largest online retailer to buy Montana beef
BILLINGS, Mont. – China’s largest online retailer has agreed to buy $200 million worth of Montana beef over the next three years — representing as many as 90,000 head of cattle — and potentially invest $100 million more in a new slaughterhouse in the state under the terms of a […]