President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
China's state media is putting up a brave front as the country's trade war with the U.S. escalated sharply over the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
U.S. stock futures surged Monday morning after President Trump said China is ready to come back to the negotiating table following a phone call Sunday and the two countries...Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
The founder of Salesforce, Marc Benioff and his wife Lynne Benioff, have agreed to buy Time magazine for $190 million in cash from media and marketing company, Meredith Corporation.
The deal is expected to be completed within 30 days, according to a press release by Meredith.
"The Benioffs are purchasing TIME personally and the transaction is unrelated to Salesforce.com, where Mr. Benioff is Chairman, co-CEO and founder, " according to the release.
The Benioffs "will not be involved in the day-to-day operations or journalistic decisions, which will continue to be led by TIME's current executive leadership team," the release said.
"The power of Time has always been in its unique storytelling of the people & issues that affect us all & connect us all," Benioff tweeted on Sunday. "A treasure trove of our history & culture. We have deep respect for their organization & honored to be stewards of this iconic brand," he said on Twitter.
Benioff says he is neither a Democrat nor a Republican, though he publicly supported Hillary Clinton over Donald Trump in the 2016 presidential election.
Meredith completed its purchase of Time at the end of January 2018. Soon after its completion, Meredith said it was selling Time's news and sports brands to focus on other brands that served its core target audience: American women.
"On behalf of the entire TIME team, we are very excited to begin this next chapter in our history," said Time Editor-in-Chief Edward Felsenthal. "We can't imagine better stewards for TIME than Marc and Lynne Benioff."