It was the third trigger of the recession indicator in less than two weeks.Bondsread more
"My sense was we've added accommodation, and it wasn't required in my view," George tells CNBC's Steve Liesman.Investingread more
Stocks traded higher on hopes the Fed chief will confirm expectations of easier monetary policy at a central banking summit this week.US Marketsread more
Apple plans to unveil three new iPhones in September, including two new "Pro" models and a successor to the iPhone XR, Bloomberg reported Thursday.Technologyread more
Former Prudent Bear Fund manager David Tice is urging investors to brace for a massive downturn.Trading Nationread more
U.S. manufacturer growth slowed to the lowest in almost 10 years in August, the latest sign that the trade war may be exacerbating the economic slowdown.Marketsread more
Corporate profits posted modest growth in the second quarter as companies brace for slowing global growth.Retailread more
A Volkswagen spokesperson called the report that CEO Herbert Diess is interested in buying a stake in Tesla "completely unfounded."Technologyread more
A ruling against J&J could mean more big payouts in similar cases across the country.Health and Scienceread more
OTTAWA, May 7 (Reuters) - A Huawei Canada executive said on Tuesday he had left his post after less than a year at the company, the second recent high-profile departure from the Chinese telecommunications equipment maker at the heart of a major dispute between Ottawa and Beijing.
The executive, Jake Enwright, said in a brief phone interview that he had quit his job as director of corporate affairs, which he took up early this year. Enwright joined the Canadian arm of Huawei Technologies Co in June 2018 as a spokesman.
Scott Bradley announced in late January that he was leaving as senior vice president of corporate affairs, after more than seven years with the firm. Bradley held a more senior position than Enwright.
Huawei is under intense scrutiny in the West over its relationship with the Chinese government and U.S.-led allegations that its equipment could be used for spying.
Relations between Ottawa and Beijing turned icy last December when Canadian police detained Meng Wanzhou, Huawei's chief financial officer, on a U.S. warrant. She is due to make her next court appearance in Vancouver on Wednesday. (Reporting by David Ljunggren Editing by Leslie Adler)