The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses.Marketsread more
The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every...Biotech and Pharmaceuticalsread more
SpaceX has raised just over $1 billion in financing since the beginning of the year.Investing in Spaceread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
A federal judge in California has blocked President Donald Trump from building sections of his long-sought border wall with money secured under his declaration of a national...Politicsread more
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
The race is underway to find a vaccine that can control African swine fever, a highly contagious and deadly viral infection ravaging China's hog population. There is currently...Agricultureread more
Apple bought Tueo Health, which was developing tech to help parents monitor asthma symptoms in children, using a mobile app and commercial breathing sensors.Technologyread more
Britain's national cyber security agency said on Friday it had no reason to doubt the assessments made by Apple and Amazon that refuted a Bloomberg story that their systems contained malicious computer chips inserted by Chinese intelligence.
Bloomberg Businessweek on Thursday cited 17 unnamed intelligence and company sources as saying that Chinese spies had placed computer chips inside equipment used by around 30 companies, as well as multiple U.S. government agencies, which would give Beijing secret access to internal networks.
"We are aware of the media reports but at this stage have no reason to doubt the detailed assessments made by AWS and Apple," said the National Cyber Security Centre, a unit of Britain's eavesdropping agency, GCHQ.
"The NCSC engages confidentially with security researchers and urges anybody with credible intelligence about these reports to contact us," it said.
Apple contested the Bloomberg report on Thursday, saying in a statement that its own internal investigations found no evidence to support the story's claims and that neither the company, nor its contacts in law enforcement, were aware of any investigation by the FBI into the matter.
Apple's recently retired general counsel, Bruce Sewell, told Reuters he called the FBI's then-general counsel James Baker last year after being told by Bloomberg of an open investigation into Super Micro Computer Inc , a hardware maker whose products Bloomberg said were implanted with malicious Chinese chips.
"I got on the phone with him personally and said, 'Do you know anything about this?," Sewell said of his conversation with Baker. "He said, 'I've never heard of this, but give me 24 hours to make sure.' He called me back 24 hours later and said 'Nobody here knows what this story is about.'"
Baker and the FBI declined to comment Friday.