Markets
How Tech Stocks Are Performing amid US-China Face-Off
Acrimony between the two countries has intensified since Washington put Chinese telecom equipment company Huawei Technologies Co Ltd on a blacklist that curbs Huawei's access to US -made components last week. China on Wednesday threatened to cut more economic ties with the U.S.in wake of the new tariffs and Huawei ban. "The company is deeply tied not only to China but to the Chinese Communist ... [Full Article...]
China bemoans United States 'bullying' of Huawei
Negotiations between the United States and China have soured dramatically since early May, when Chinese officials sought major changes to the text of a proposed deal the Trump administration said had been largely agreed. The US is seeking sweeping changes to China's trade and economic policies, including an end to forced technology transfers and theft of US trade secrets. [Full Article...]
62,000 pounds of raw meat being recalled days before Memorial Day
However, this situation is considered a Class I recall with a high health risk, meaning "there is reasonable probability that the use of this product will cause serious, adverse health consequences or death". These products should be thrown away or returned to the place of purchase. FSIS is urging consumers to safely prepare all their meats and only consume them if they've been cooked to 165 deg... [Full Article...]
Watch Ford's two-legged robot walk packages to your door
Ford has teamed up with Agility Robots to explore how to get the packages the final step to the door. Digit has only want it needs onboard to navigate basic scenarios with LiDAR and a few stereo cameras. This robot is created to get your delivery from a vehicle to your door. Digit's arms and legs fold up tight to the torso for storage in the back of an autonomous ride. [Full Article...]
Following US Export Ban, Mobile Carriers Worldwide Drop Huawei Phones From Lineup
Only basic services would be available, making Huawei phones less attractive. Because selling them again, she explained, "will be a gamble". Customers could buy 5G subscription plans and pre-order 5G-enabled devices from Wednesday morning. Another retailer said handsets like P30 Pro and Mate 20 Pro had just started to fetch consumer interest due to premium camera features and build quality, but th... [Full Article...]
Elon Musk gets a meme-maker to boost Tesla's social media presence
It's a fascinating story best digested once CEO Elon Musk's passion for Internet culture is understood. The company faces major challenges, including launching production in China, overhauling its US retail and service operations, and developing new models, including a high-volume Model Y SUV and a Semi commercial truck. [Full Article...]
CBOT corn hits one year peak
Chicago Board of Trade (CBOT) corn futures rose for a seventh straight session and hit the highest point in a year on Tuesday on worries about reduced USA yields and fewer planted acres due to rainy weather in the Midwest. Estimates for wheat ranged from funds buying a net 4,000 contracts to selling a net 2,000 contracts. Grains prices at 0259 GMT Contract Last Change Pct chg Two-day chg MA 30 RSI... [Full Article...]
The Boring Company appears to have its first paying customer
According to the Las Vegas Sun , the final cost for the project is expected to be $52.5 million. The project consists of a pair of mile-long vehicle tunnels and a pedestrian tunnel, with three underground passenger stations and elevator/escalator access points. [Full Article...]