Exclusive: Bearing brunt of trade war, Singapore chipmakers cut jobs

Exclusive: Bearing brunt of trade war, Singapore chipmakers cut jobs

Via Reuters Finance SINGAPORE (Reuters) – Caught between a Sino-U.S. trade war, political concerns over Chinese telecoms firm Huawei and slowing consumer demand, chipmakers in Singapore have started slowing production and laying off hundreds of jobs, firms told Reuters. FILE PHOTO: Workers monitor microchip production in the clean room at the UTAC plant in Singapore February 8, 2018. REUTERS/Thomas White/File...

Here’s how much the Mueller investigation cost taxpayers

Here’s how much the Mueller investigation cost taxpayers

Via Fox Business Almost four months after concluding his two-year-long investigation into Russian interference in the 2016 election, special counsel Robert Mueller will testify on Capitol Hill before the House and Senate this week about the wide-ranging probe. While speaking before the House Intelligence Committee on Wednesday — after weeks of negotiations — Mueller answered questions from Democrats looking to...

Kayleigh McEnany: Mueller should be asked why he never investigated Hillary Clinton’s collusion with Russia

Kayleigh McEnany: Mueller should be asked why he never investigated Hillary Clinton’s collusion with Russia

Donald Trump via Facebook Mueller must answer why he never investigated Crooked Hillary Clinton’s COLLUSION with Russia! Kayleigh McEnany: Mueller should be asked why he never investigated Hillary Clinton’s collusion with Russia When Robert Mueller testifies Wednesday about what we now know are false allegations of Trump-Russia collusion in the 2016 presidential campaign, House members should ask him why he...

Deutsche Telekom sets meeting as T-Mobile, Sprint deal nears approval: report

Deutsche Telekom sets meeting as T-Mobile, Sprint deal nears approval: report

Via Reuters Finance FRANKFURT (Reuters) – Deutsche Telekom DTEG.n.DE has called a leadership meeting on Wednesday in expectation of U.S. regulatory approval of the proposed merger of its U.S. T-Mobile (TMUS.O) unit with rival Sprint (S.N), according to business daily Handelsblatt. FILE PHOTO: A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in...

KKR devours Tim Tam biscuits maker in $2.2 billion deal with Campbell

KKR devours Tim Tam biscuits maker in $2.2 billion deal with Campbell

Via Reuters Finance SYDNEY (Reuters) – KKR & Co (KKR.N) said it is buying Campbell Soup Co’s (CPB.N) Australian snacks unit Arnott’s that will give it ownership of top-selling biscuit brands such as Tim Tam, in a deal local media reported was worth $2.2 billion. “I can confirm that KKR’s offer for Arnott’s was accepted by Campbell’s late last night,”...

Facebook agrees to pay record $5bn fine over privacy violations, critics call it a ‘parking ticket’

Facebook agrees to pay record $5bn fine over privacy violations, critics call it a ‘parking ticket’

Via RT Business The Federal Trade Commission announced on Wednesday that Facebook agreed to pay a record-breaking $5 billion fine over privacy violations. The penalty follows an investigation into the Cambridge Analytica data-sharing scandal. “The $5 billion penalty against Facebook is the largest ever imposed on any company for violating consumers’ privacy and almost 20 times greater than the largest...

Efterlysning af mand mistænkt for knivoverfald i Ishøj

Efterlysning af mand mistænkt for knivoverfald i Ishøj

Via Politiet Der er tale om den 20-årige K Etem Secilmis. Han er mistænkt for at have overfaldet en 19-årig mand med kniv mandag den 15. juli 2019 kl. 23:50 på Gildbrostien ud for nr. 19. I forbindelse med overfaldet blev den forurettede tildelt flere knivstik. Den efterlyste beskrives som: 20 år, tyrkisk oprindelse, spinkel af bygning og 183 cm...

Hilton quarterly profit beats on steady travel demand

Hilton quarterly profit beats on steady travel demand

Via Reuters Finance FILE PHOTO: The logo of Hilton hotel is seen in Batumi, Georgia, May 2, 2016. REUTERS/David Mdzinarishvili/File Photo (Reuters) – U.S. hotel operator Hilton Worldwide Holdings Inc (HLT.N) topped Wall Street estimates for quarterly profit on Wednesday, helped by a steady demand for its rooms in the United States. However, the owner of Waldorf Astoria and Conrad...

Stocks lower but still near record territory after Boeing, Caterpillar 2Q earnings disappoint

Stocks lower but still near record territory after Boeing, Caterpillar 2Q earnings disappoint

Via Fox Business Wall Street opened with declines on Wednesday as investors reacted to the news of upcoming trade talks between the U.S. and China, as well as a probe by the Trump administration into Silicon Valley giants and disappointing earnings from Boeing and Caterpillar. Despite the decreases, the Dow Jones Industrial Average, S&P 500 and Nasdaq all still remain...