Huawei lays off two thirds of its US research division – Engadget

Huawei lays off two thirds of its US research division – Engadget

The Huawei R&D team has effectively shut down in the wake of the trade ban.
Facebook’s record-setting $5 billion FTC fine was reportedly going to be tens of billions of dollars, and would’ve held Mark Zuckerberg personally responsible

Facebook’s record-setting $5 billion FTC fine was reportedly going to be tens of billions...

The Federal Trade Commission was reportedly planning to fine Facebook much, much more than $5 billion.
Watch Live: Senate Committee Holds Hearing On Resolving Marijuana Banking Issues – Marijuana Moment

Watch Live: Senate Committee Holds Hearing On Resolving Marijuana Banking Issues – Marijuana Moment

A key Senate committee is meeting on Tuesday to discuss legislative fixes that would allow banks to service state-legal marijuana businesses without the risk of being penalized by federal financial regulators. The Senate Banking, Housing and Urban Affairs Com…
The absurd life of Boris Johnson, the man who backed Brexit and will be the UK’s new prime minister

The absurd life of Boris Johnson, the man who backed Brexit and will be...

Boris Johnson is a clownish character who will be the UK's next prime minister.
Harley-Davidson warns that motorcycles sales are slowing – CNN

Harley-Davidson warns that motorcycles sales are slowing – CNN

Plagued by tariffs and declining interest in motorcycles in the United States, Harley-Davidson's sales continue to struggle.
Coca-Cola’s stock jumps after earnings beat – CNBC

Coca-Cola’s stock jumps after earnings beat – CNBC

Coca-Cola topped Wall Street's expectations for earnings and revenue.
Huawei’s US arm laid off nearly 600 workers as the trade ban bites

Huawei’s US arm laid off nearly 600 workers as the trade ban bites

The US research arm of China's Huawei — called Futurewei Technologies — announced worker layoffs on Monday, according to two Futurewei employees.
Ford F-150 EV pickup prototype tows more than 1 million pounds in a demonstration – Yahoo News

Ford F-150 EV pickup prototype tows more than 1 million pounds in a demonstration...

As fully electric cars become the norm, battery-powered pickup trucks have yet to be seen on a wide scale. Tesla, Rivian and Ford race to be first.
UBS reports best second quarter in nine years but warns against ‘sharp drop’ in interest rates – CNBC

UBS reports best second quarter in nine years but warns against ‘sharp drop’ in...

UBS announced a net profit of $1.4 billion for the second quarter of 2019.
Trump meets with top US tech leaders to discuss sales to Huawei as he moves to soften restrictions against the Chinese tech giant

Trump meets with top US tech leaders to discuss sales to Huawei as he...

The meeting between Trump and top tier tech leaders including Google, Intel, and Cisco comes as the US continues to shift its policy towards Huawei.