Huawei CEO Ren Zhengfei laid out plans to bring more efficiencies to the organization. This included simplifying the reporting structure, cutting down on surplus staff, axing...Technologyread more
The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
Chinese overseas investment growth will likely slow or even decline in the next few years as risks around the world increase, according to new research by Moody's Investors...China Economyread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
A daily morning look at the financial stories you need to know to start the day.
-Stock futures are sharply higher this morning after it appears the worst was avoided with Hurricane Irma. Also, North Korea did not launch another missile test over the weekend as many feared. Gold has retreated from its 1-year high and is now at the $1,339 per ounce level. The yield on the 10-year Treasury note has ticked back up to 2.09 percent.
-Hurricane Irma is still dangerous, but it's weakened to a category one storm and should weaken more today to a tropical storm. Some 5.8 million people and businesses in Florida are out of power. AccuWeather predicts the total cost of Hurricanes Irma and Harvey could be as much as $290 billion. The Miami airport does not yet know when it will reopen. House Ways and Means Chairman Kevin Brady is proposing tax breaks for Hurricane Harvey and Irma victims.