While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia mostly traded higher Tuesday afternoon as minutes from the Reserve Bank of Australia's July meeting were released. The People's Bank of China also published its...Asia Marketsread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
Delta Air Lines is planning to replace plastic straws and stirrers with bamboo and birch wood versions next year, mirroring a broader industry trend to reduce single-use plastics amid concerns over the impact to wildlife and the broader environment.
Starting in mid-2019, Delta, the second-largest U.S. airline, which flies more than 180 million passengers a year, will stop wrapping amenities kits for international business class travelers in plastic and stop using plastic straws and stirring sticks throughout the cabin, the airline said Wednesday. Delta said it has already taken similar steps in its lounges and in April started rolling plastic utensils for coach-class meals in a napkin instead of in plastic.
The shift away from such plastic items on board and in lounges is taking hold across the airline industry. United Airlines, American Airlines and Alaska Airlines have announced similar steps this year.
The restaurant and packaged food industries are also seeking alternatives to single-use plastic straws or plastic packaging. Starbucks, for example, in July said it would eliminate plastic straws from its cafes by 2020. A ban on plastic straws, utensils and cocktail picks went into effect in Seattle, where Starbucks is headquartered, that month.
Environmental groups have ramped up pressure on governments to ditch plastic, warning that much of it ends up in the ocean, hurting wildlife.
Earlier this week, the U.K. government laid out plans to ban the sale of plastic straws and stirrers.