Markets
Huawei moves to ease fears after Google announces restrictions
Zhengfei stressed the themes the company has continued to reiterate during its ongoing standoff with the US. In a research note to clients, Citi analysts said the potential software ban "could paralyse Huawei's smartphone and equipment business". [Full Article...]
Union leaders set for talks with Government over future of British Steel
The second source said British Steel lost the backing of one of its four big lenders earlier on Tuesday, while some of the others had already exited. United Kingdom business minister Andrew Stephenson said during an urgent question in Commons that speculation over British Steel "will no doubt be creating uncertainty for those employed by the company", adding that he would offer assurances that t... [Full Article...]
After Google, will Microsoft block Windows updates to Huawei laptops?
The world's largest telecommunications equipment maker is still prohibited from buying American parts and components to manufacture new products without license approvals that likely will be denied. "We can not be isolated from the world", Ren said. Industry analysts say it might struggle to compete if it can not line up replacements for Google services that run afoul of the US curbs. [Full Article...]
Impossible Pizza: Little Caesars Adds Plant-Based Sausage to Topping Options
In total, 58 restaurants will sell the pizza starting Monday. "We've been collaborating, thinking about where they should launch, and supporting them with product as they developed their own custom seasoning". As well as avoiding meat consumption, Impossible is billing its new sausage as being healthier to eat. "We look at the interest in plant-based meats as long-term, not just the latest trend... [Full Article...]
Prospector finds gold nugget worth almost $100000
But, for a Western Australian Goldfields gold hunter, who found a 1.4kg gold nugget this morning, it's the day he became $100,000 richer, The West Australian has reported. The mining of gold, along with other metals such as nickel, has been a major industry in Kalgoorlie since its founding, and today employs about one-quarter of Kalgoorlie's workforce and generates a significant proportion of it... [Full Article...]
This is how much your shoes will cost if tariffs take effect
Adidas, Nike and PUMA on Tuesday urged US President Donald Trump to prevent the shoe industry from falling victim to the trade war with China , saying new tariffs could be "catastrophic". In an interview with Fox News Channel recorded last week and aired on Sunday night, Trump said the United States and China "had a very strong deal, we had a good deal, and they changed it". [Full Article...]
Chevy is bringing back the seat belt interlock, this time for teens
Unlike the 1970s version, it will let a driver start the auto, but not shift into drive until they fasten their belt. The radio volume is also lowered until the driver is buckled up. She would know, given that she has a 15-year-old with a learner's permit. According to the Centers for Disease Control and Prevention, motor vehicle crashes are the leading cause of death for USA teens and teens hav... [Full Article...]
United States Postal Service testing TuSimple's autonomous trucks
Finding drivers for a route like Dallas to Phoenix can be even trickier since the overnight round-trip typically requires a team of two. "This pilot is just one of many ways the Postal Service is innovating and investing in its future". The human truck driver will be responsible for driving the truck on surface streets but will leave the interstate driving to the self-driving truck technology. [Full Article...]