2019

Foxconn chairman stepping down amid talks of political bid

The chairman of Foxconn, the world’s largest contract assembler of consumer electronics for companies such as Apple, is stepping down amid speculation he could be planning a presidential run in Taiwan next year. Terry Gou, 68, made the announcement Friday at the company’s annual shareholders meeting, where he was surrounded by an enthusiastic crowd while

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Fed Officials Make the Case for Cutting Interest Rates as Risks Loom

Federal Reserve officials on Friday outlined the case for an interest-rate cut, making clear in their first public remarks since the central bank chose to leave policy unchanged this week that inflation and rising global risks are weighing heavily on their minds. Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, said in

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U.S. Blacklists More Chinese Tech Companies Over National Security Concerns

WASHINGTON — The Trump administration added five Chinese entities to a United States blacklist on Friday, further restricting China’s access to American technology and stoking already high tensions as President Trump and President Xi Jinping of China prepare to meet in Japan next week. The Commerce Department announced that it would add four Chinese companies

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