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Escalating Trade Tensions Leads China to Threaten with New Tariffs

Escalating Trade Tensions Leads China to Threaten with New Tariffs

China warned on Friday that it would fight back “at any cost” with countermeasures in response to the U.S.’s tariffs, after President Donald Trump threatened to increase tariffs on Chinese goods by an additional $100 billion.&ldquo..

Former Qualcomm Chairman Looking for Funds to Buyout

Former Qualcomm Chairman Looking for Funds to Buyout

Former Qualcomm Inc. (NASDAQ: QCOM) chairman, Paul Jacobs is interested in taking the chipmaker private, potentially making it the largest buyout in history, CNBC, citing sources familiar with the matter.Jacobs informed the board of his plans and ap..

Black Panther is a Certified Global Blockbuster

Black Panther is a Certified Global Blockbuster

The Walt Disney Co (NYSE: DIS) Marvel movie Black Panther opened with a bang globally, sucking in a huge $169 million from approximately 70 percent of the global markets. The worldwide total until February 18 was $361 million. Among the countries, S..

Coach Owner Tapestry Reports Better-than-Expected Earnings

Coach Owner Tapestry Reports Better-than-Expected Earnings

Tapestry Inc. (NYSE: TPR) on Tuesday reported sales and earnings that beat estimates, driven by strong sales from its Coach brand.Tapestry said net sales rose 35 percent to $1.79 billion in the quarter ended December 30, 2017. Analysts polled by Tho..

Huawei and AT&T Deal to End

Huawei and AT&T Deal to End

Chinese phone maker Huawei Technologies Co. Ltd. is expected to cut ties with AT&T Inc.(NYSE: T) following national security concerns and harder line on policies on issues ranging from Beijing’s role in restricting North Korea to Chinese e..

Under Armour Stocks Drop After Downgrade from Wall Street Firm

Under Armour Stocks Drop After Downgrade from Wall Street Firm

Under Armour Inc (NYSE: UA) shares fell 3.7% on Tuesday after Wall Street firm Susquehanna Financial highlighted poor brand management. According to Susquehanna Financial, Under Armour will reverse its course and lose its 30% gain from the past eigh..

Chipotle CEO to step down to Refocus Company

Chipotle CEO to step down to Refocus Company

Chipotle Mexican Grill (NYSE: CMG) announced on Wednesday that co-founder and CEO, Steve Ells will step down from his CEO positions. Ells will remain as executive chairman, but now the fast food Mexican chain restaurant will begin searching for..