Top News & Analysis Washington

  • Dec 13- Starbucks Corp said on Thursday it was partnering with UberEats for delivery from about 3,500 U.S. stores and would nearly double its outlets in China over the next four years, but forecast that same-store sales would remain steady, sending shares down 3 percent. Starbucks also said on Thursday it would raise its store footprint in China, its fastest...

  • Dec 13- Starbucks Corp said on Thursday it is partnering with UberEats to deliver food and coffee from nearly a quarter of its restaurants in the U.S. and will nearly double its outlets in China over the next four years. The company said last month it was partnering with UberEats to deliver coffee and food in Tokyo, as part of its plan to boost sales in Japan, one of its...

  • The iPhone maker also said it plans to expand in Seattle, San Diego and Culver City, California, and add hundreds of jobs in Pittsburgh, New York and Boulder, Colorado, over the next three years. The 133- acre campus in Austin will be less than a mile from Apple's existing facilities and initially have 5,000 employees. Austin is one of the fastest-growing U.S. cities...

  • The 133- acre campus in Austin will be located less than a mile from Apple's existing facilities and will initially have 5,000 new employees. Austin is one of the fastest growing U.S. cities with a population of nearly 1 million, and is home to the University of Texas and a plethora of tech companies. "Apple has been a vital part of the Austin community for a quarter...

  • SEATTLE, Dec 12- Amazon.com Inc on Wednesday opened a compact version of its cashier-less Amazon Go food stores, broadening its footprint in the bricks-and-mortar world in a move to add shops in places such as office lobbies and hospitals. Located in one of the company's Seattle offices, the eighth Amazon Go store is near the original and a quarter the size, at a...

  • Eric Siliang Tan, (C) Chairman and CEO of Qutoutiao Inc., poses with company officials during the company's IPO at the Nasdaq MarketSite in New York City, U.S., September 14, 2018. 

    This year, there have been 37 initial public offerings by Chinese companies in the U.S., raising a total of $9.2 billion, according to law firm Baker McKenzie. That's nearly double last year's 20 IPOs which raised $3.6 billion.

  • The U.S. dollar has regained some strength in recent weeks.

    The dollar has gained nearly 6 percent against a basket of currencies this year on the back of Fed rate increases, but a recent softening of U.S. Treasury yields and tepid data has led some to forecast a peak for the dollar.

  • Dec 10- An Olympus Corp subsidiary pleaded guilty on Monday and agreed to pay $85 million to resolve charges that it failed to file reports with U.S. regulators regarding infections connected to its duodenoscopes while continuing to sell the medical devices used to view the gastrointestinal tract. Olympus Medical Systems Corp and Hisao Yabe, a former senior...

  • Amazon has opened seven of the stores to the public since January: in Chicago, San Francisco and its hometown Seattle, mostly catering to workers in nearby offices looking for a quick lunch. "The lead for Amazon Go requested a meeting," read a June 27 email from a technology adviser who supports Los Angeles International, the second-busiest airport in the country, to...

  • JAKARTA/ SEATTLE, Dec 6- Aviation authorities in Indonesia and India on Thursday pushed for more simulator training for Boeing Co 737 MAX pilots following the deadly Lion Air crash, while the world's largest planemaker reiterated that its top-selling jetliner was safe. Also on Thursday, Lion Air confirmed an earlier Reuters report that it was considering...

  • BRASILIA, Dec 6- A Brazilian federal court on Thursday granted an injunction blocking the proposed tie-up between U.S. planemaker Boeing Co and Embraer SA, a deal the Brazilian company says is crucial to its survival. Embraer shares in Sao Paulo closed 2.42 percent lower, although it remained too early to say whether the injunction will actually block or...

  • BRASILIA, Dec 6- A Brazilian federal court on Thursday granted an injunction blocking the proposed tie-up between planemakers Boeing Co and Embraer SA, according to a court document seen by Reuters. The legal action was brought by four congressmen with Brazil's leftwing Workers Party, which is opposed to the deal. Labor groups in Brazil often bring court...

  • NEW DELHI, Dec 6- Pilots flying Boeing Co's 737 MAX jets in India should be trained on a simulator that replicates the suspected scenario that led to the Lion Air crash, India's aviation regulator said in a statement on Thursday. While India's Directorate General of Civil Aviation recommended more training, it said Jet Airways Ltd and SpiceJet Ltd, which operate...

  • NEW DELHI, Dec 6- Pilots flying Boeing Co's 737 MAX jets in India should be trained on a simulator that replicates the scenario that led to the Lion Air crash, India's aviation regulator said in statement on Thursday. Lion Air pilots flying the same plane on its penultimate flight a day earlier had experienced a similar problem of nose-down movements, but managed...

  • *China calls for Meng's immediate release. *Arrest sparks backlash in China social media. VANCOUVER/WASHINGTON, Dec 5- The daughter of Chinese tech giant Huawei's founder has been arrested in Canada and is facing extradition to the United States, dealing a blow to hopes of any easing of Sino-U.S. trade tensions and rocking global stock markets.

  • Visitors trying out new Huawei smartphones at an exhibition.

    China's embassy in Canada criticized Canada and the United States on Thursday for wrongfully arresting Huawei's global chief financial officer Meng Wanzhou and demanded her immediate release.

  • SAN FRANCISCO, Dec 5- Waymo, Alphabet's self-driving unit, launched on Wednesday the first commercial automated ride-hailing service of its size among the main U.S. companies vying to dominate the still nascent market. Waymo is testing mainly in Chandler, Arizona and three other Phoenix suburbs, but also 21 other cities including San Francisco and Silicon...

  • The national flags of the U.S. and China.

    China marks the 40th anniversary of its economic reforms and opening up on Dec. 18 — an occasion Beijing could use to emphasize its commitment to transform its economy, noted Scott Kennedy of the Center for Strategic and International Studies.

  • SEATTLE/ PARIS, Nov 29- Boeing Co is weighing plans to launch a software upgrade for its 737 MAX in six to eight weeks that would help address a scenario faced by the Lion Air crew during last month's deadly crash in Indonesia, two people briefed on the matter said on Thursday. Crash investigators are focusing on the possibility that a new anti-stall system that...

  • DETROIT, Nov 29- General Motors Co President Dan Ammann will take over as chief executive of the automaker's majority-owned Cruise self-driving car subsidiary, trading in the No. 2 job at one of the world's largest automakers for a front-row position in the race to render traditional cars obsolete. Cruise co-founder Kyle Vogt, who has been the company's chief...