Technology

FILE - In this July 22, 2019, file photo traders James Riley, left, and Mark Muller work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 1. (AP Photo/Richard Drew, File)
August 01, 2019 - 7:23 am

Solid earnings reports push US stock indexes broadly higher

NEW YORK (AP) — Stocks moved higher in early trading on Wall Street Thursday as investors focused on several solid earnings reports after a late bout of selling the day before. Investors are nearing the end of a busy week that included Wednesday's widely anticipated quarter-point cut to the Federal...
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File---Picture taken on March 20, 2019 shows the logo of German car manufacturer BMW is pictured on a BMW car prior to the earnings press conference in Munich, Germany. (AP Photo/Matthias Schrader)
August 01, 2019 - 3:56 am

BMW profits drop on higher costs, spending for new tech

FRANKFURT, Germany (AP) — Luxury automaker BMW said Thursday that net profit fell 29% to 1.48 billion euros ($1.63 billion) in the second quarter from a year earlier, as profits were reduced by higher spending on revamping factories and on new technologies such as battery-only cars and smartphone-...
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FILE- This Aug. 3, 2018, file photo shows a New Jersey Transit train leaving the Bound Brook Station in Bound Brook, N.J. Federal railway officials say the railroad industry has installed safety technology on nearly 90 percent of tracks where it is required, but “significant work” is needed to ensure the technology is completely installed by a December 2020 deadline. (AP Photo/Julio Cortez, File)
July 31, 2019 - 3:31 pm

US officials say key rail safety technology 90% complete

WASHINGTON (AP) — The railroad industry has installed safety technology on nearly 90% of tracks where it is required, federal officials said Wednesday, but "significant work" is needed to ensure the technology is completely installed by a December 2020 deadline. Federal Railroad Administration...
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July 31, 2019 - 1:57 pm

Connecticut launches investigation into vaping health claims

HARTFORD, Conn. (AP) — Connecticut launched an investigation Wednesday into the marketing practices of Juul Labs, becoming the latest state to probe the vaping product manufacturer's health claims and appeal to young people. State Attorney General William Tong said his probe is part of a national...
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Chinese Vice Premier Liu He, center, poses with U.S. Trade Representative Robert Lighthizer, right, and Treasury Secretary Steven Mnuchin, for photos before holding talks at the Xijiao Conference Center in Shanghai Wednesday, July 31, 2019. (AP Photo/Ng Han Guan, Pool)
July 31, 2019 - 8:00 am

US says new round of talks with China were 'constructive'

SHANGHAI (AP) — U.S. and Chinese envoys held "constructive" trade talks on Wednesday, the White House said, after President Donald Trump rattled financial markets by accusing Beijing of trying to stall in hopes he will fail to win reelection in 2020. The meeting, aimed at ending a tariff war over...
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A U.S. flag flies on a U.S. consulate car, with the backdrop of buildings in the Lujiazui financial district, outside a hotel where U.S. trade negotiators are staying, in Shanghai Wednesday, July 31, 2019. (Greg Baker/Pool Photo via AP)
July 31, 2019 - 1:04 am

The Latest: US, China end trade talks, no word on progress

SHANGHAI (AP) — The Latest on China-U.S. trade talks (all times local): 4:00 p.m. U.S. and Chinese negotiators have ended a new round of talks aimed at ending a tariff war over trade and technology with no word on whether they made any progress. The two days of talks in Shanghai, were the first...
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A staffer looks out from a Huawei retail store in Beijing, Tuesday, July 30, 2019. Huawei's global sales rose by double digits in the first half of this year despite being placed on a U.S. security blacklist. The Chinese tech giant's chairman said Washington's campaign against the company has 'galvanized our people.' (AP Photo/Andy Wong)
July 30, 2019 - 3:57 am

Huawei says sales up 23% despite US controls

BEIJING (AP) — Huawei's sales rose by double digits in the first half of this year despite being blacklisted by Washington and its chairman, saying U.S. pressure has "galvanized our people," expressed confidence Tuesday the Chinese tech giant will "enter a new period of growth." Huawei Technologies...
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July 30, 2019 - 1:32 am

Sony's profit dip, sticks to forecast for year

TOKYO (AP) — Sony Corp. has reported a 33% drop in its fiscal first quarter profit as sales dipped in its electronics operations, including TV sets and camcorders. The Japanese electronics and entertainment company reported Tuesday that its April-June profit totaled 152 billion yen ($1.4 billion),...
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President Donald Trump welcomes first responders before signing H.R. 1327, an act ensuring that a victims' compensation fund related to the Sept. 11 attacks never runs out of money, in the Rose Garden of the White House, Monday, July 29, 2019, in Washington. (AP Photo/J. Scott Applewhite)
July 29, 2019 - 4:37 pm

Senate bows to Trump vetoes, allows Saudi arms sales

WASHINGTON (AP) — The Senate failed Monday in a bid to override a trio of vetoes issued by President Donald Trump, allowing the administration to move forward with plans to sell billions of dollars of weapons to Saudi Arabia and the United Arab Emirates. Trump's decision to sell the weapons in a...
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A Grab driver rides on his motorcycle in Jakarta, Indonesia, Monday, July 29, 2019. Japanese technology company Softbank and Southeast Asian ride hailing app Grab said Monday, July 29, 2019, they're investing $2 billion in Indonesia over the next five years. (AP Photo/Achmad Ibrahim)
July 29, 2019 - 4:00 am

Softbank, ride hailing app Grab investing $2B in Indonesia

JAKARTA, Indonesia (AP) — Japanese technology company Softbank and Southeast Asian ride hailing app Grab said Monday they're investing $2 billion in Indonesia over the next five years. Grab made the announcement after a meeting Monday between Indonesian President Joko Widodo and executives from...
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