Stocks dropped after Donald Trump ordered that U.S. companies find alternatives to their operations in China.US Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
President Trump again rips into Federal Reserve Chairman Jerome Powell, comparing him to Chinese President Xi Jinping.Politicsread more
Powell repeats his pledge to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow.The Fedread more
China says the new tariffs will begin Sept. 1 and Dec. 15. That's when President Trump's latest tariffs on Chinese goods are to take effect.Marketsread more
The Koch brothers financed one of the most influential political networks in the modern era. The sprawling political empire includes conservative and libertarian nonprofits...Politicsread more
On Tuesday, Walmart filed suit against Tesla alleging its solar panels had caused fires in seven of its stores.Technologyread more
Amazon shows numerous listings for toys and medications that lack the proper health risks to children, as well as sleeping mats previously banned by the FDA, according to a...Technologyread more
The recession obsession has captivated Wall Street, and experts are seeking stocks that can shield investors from the potential pain.Trading Nationread more
Google on Friday released a new set of community guidelines that are meant to crack down on what employees can say inside the company.Technologyread more
The idea came up as the White House brainstorms on ways to avoid a preelection economic slowdown, The Washington Post reports.US Economyread more
Apple's expansion comes as the two companies continue in an ongoing multinational legal battle, with Qualcomm alleging Apple violated its patents and Apple alleging Qualcomm has inaccurately charged it royalties to use its chips in devices.
Reuters reported last month that Apple has moved its modem chip engineering team from its supply chain unit into its in-house hardware technology group, suggesting it could be looking to bring a component it used to buy from Qualcomm into its own facilities. Apple recently stopped using modems made by Qualcomm and switched to Intel chips instead.
San Diego Mayor Kevin Faulconer tweeted his support of Apple's expansion, which he said "will increase local jobs by an additional 20%." Apple plans to add as many as 200 employees by the end of 2019, according to a press release from Faulconer's office. Apple said said its new positions would span a variety of specialty engineering fields in hardware and software, according to the release. The company plans also to develop thousands of square feet of office, lab and research space in the area to accommodate the new employees.
Apple has recently begun posting dozens of positions relating to designing cellular modems and integrated application processors, according to EE Times. Wednesday's announcement shows it's serious about building out a team in a city that is a popular chip hub.