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
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
Home Depot shares, which are valued at $228.8 billion, are up more than 21% this year.Retailread 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
U.K. Prime Minister Boris Johnson told the EU that a Brexit deal can still be approved by U.K. lawmakers if Brussels agrees to scrapping the contentious Irish "backstop."read more
Baidu posted better-than-expected earnings for the June quarter, swinging back to profit and managing to stabilize its core ad business.Technologyread more
Several big Pimco funds controlled by Ivascyn have reportedly been trimming their bond market positions in the U.K. and Europe.World Marketsread more
While Hong Kong leader Carrie Lam painted a bleak picture of the city's economy, she expressed hope that dialogue with protesters could provide "a way out."China Politicsread 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
U.S. President Donald Trump and his former White House communications director Anthony Scaramucci have had a public falling out recently.Politicsread more
Groupon Inc.: "I'll be candid: I like Groupon and I have been wrong. I keep seeing real value here, so I'm not going to desert it, but it has not been a good one."
Citigroup Inc.: "We only care where something's going, not where it's come from, and I've got to tell you, I think Citi is the cheapest of the bank stocks. It sells way through its tangible book [value]. They are going to continue to buy back stock. It has been disappointing, but it is inexpensive."
Pennsylvania Real Estate Investment Trust: "It's a Philadelphia outfit and [CEO] Joseph Coradino came on the show. I've got to talk to him again. We thought that they were through the worst of it and they don't seem to be. This is one where he's an honest, terrific guy, and I invite him to come back."
Honda Motor Co. Ltd.: "I'm not recommending any automakers. Life's too short. It's just too hard. I've actually been saying a lot of positive things about Tesla. I hate it when the CFO quits, let alone quits a second time, but I've got to tell you, I thought that they actually had a decent quarter. But it's a balance sheet issue and I don't have the faith. "
Knight-Swift Transportation Holdings Inc.: "Quarter was OK. Knight-Swift's OK. I would actually prefer United Parcel [UPS] after that terrific quarter today, and they give you a good yield. And I think that they're back and they're big and I like them."