The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Fisher was initially defiant amid the backlash in an interview with Bloomberg, in which he said he had "given a lot of talks, a lot of times, in a lot of places and said stuff...Personal Financeread more
Airlines continue to delay when they plan to have the planes back again with no sign from regulators on when the planes will be approved again.Airlinesread more
Turkey's invasion of northeastern Syria began Wednesday after Trump ordered U.S. troops to pull back from the area.Politicsread more
While Warren's ad about Facebook isn't true, the company's own policy allows politicians to make such false claims in paid advertising.Politicsread more
Typhoon Hagibis made landfall south of Tokyo on Saturday evening. By Sunday around 376,000 homes were left without electricity, and 14,000 without running water across Japan....Weather & Natural Disastersread more
SpaceX and Boeing are each in the final stages of developing the spacecraft needed for the U.S. to once again fly astronauts.Investing in Spaceread more
Bryn Mawr's Jeffrey Mills believes the market needs more time to break out of its slump.Trading Nationread more
The European Commission has accused Google of anti-competitive charges relating to its Android mobile phone operating system.
In a statement issued Wednesday, the commission – which is the executive arm of the EU - said it had informed Google that it believed the company had breached antitrust rules in the region and "abused its dominant position by imposing restrictions on Android device manufacturers and mobile network operators."
The commission said about 80 percent of smart mobile devices in Europe run on Android.
In a press conference Wednesday, European Competition Commissioner Margrethe Vestager said that Google had been sent a statement and would be given a chance to respond.
Vestager said Google's practices with Android could have a potential impact on a large number of companies.
"What we see is not only a restricting effect on search but also stifling competition and may be restricting innovation in the wider space," she said.
"And that is very important because a very strong motivation to innovators is that they can present their product to consumers. If that is not possible, then why bother?"
Vestager defended accusations that she was attacking U.S. firms in a bid to defend European firms.
"It is not our job to defend companies; it is our job to defend competition. That has been our job as long as can be remembered, no matter the flag of the country," she added.
In Wednesday's official "statement of objections", the commission alleged that Google has breached EU antitrust rules by:
Kent Walker, Senior Vice President & General Counsel at Google said Wednesday that Android is in fact good for competition.
"Android has helped foster a remarkable and, importantly, sustainable ecosystem, based on open-source software and open innovation," he said to CNBC by email.
"We look forward to working with the European Commission to demonstrate that Android is good for competition and good for consumers."
Vestager said one reason the commission has not pursued Apple is because, unlike Google, it does not license its operating system to third-party manufacturers.
These EU charges open up a second front in the regulatory battle between the European Commission and Google. The internet giant is already battling EU charges of promoting its own shopping service in Internet searches at the expense of rival products, a case which has dragged on since late 2010.
Reuters contributed to this article.