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The Wall Street Journal: China’s Huawei to back off U.S. market amid rising tensions
Huawei Technologies Co. said it plans to refocus on existing markets, following a series of setbacks in the U.S. and as the technology industry gets caught up in the spiraling trade spat between Washington and Beijing.U......»»
The Wall Street Journal: Pompeo says U.S. still has strong relationships with other G-7 countries
Secretary of State Mike Pompeo played down the rift between the U.S. and its allies after President Donald Trump split from the other six leaders at Group of Seven summit in Canada amid tensions over U.S. trade demands......»»
The Wall Street Journal: Mortgage lender Better to go public through SPAC
Startup mortgage lender Better, whose valuation has swelled in the private markets, said Tuesday that it plans to go public by merging with a special-purpose acquisition company......»»
Jack Ma plans to shrink his business, bow to pressure after being slapped down by the Chinese government
Jack Ma's Ant Group has submitted a restructuring plan to regulators after pressure from Beijing, The Wall Street Journal reported. Jack Ma. Wang HE/Getty Images.....»»
"You Can Take Any Of The Platforms Ant Has," Jack Ma Told Beijing Amid IPO Scrutiny: WSJ
Jack Ma, the co-founder of Alibaba Group Holding Ltd (NYSE: BABA), offered to give Beijing parts of his financial technology firm Ant Group in order to repair his relationship with the Chinese government, the Wall Street Journal read more.....»»
The Wall Street Journal: Vice Media to lay off more than 150 employees
Vice Media Group on Friday said it is laying off more than 150 employees from its U.S. and international units as the company tries to rein in costs amid an industrywide slowdown in digital advertising......»»
Report: Neiman Marcus preparing to file for bankruptcy as soon as Wednesday
Neiman Marcus Group Inc. is preparing to file for bankruptcy protection as soon as Wednesday, the Wall Street Journal reported on Monday. Dallas-based Neiman Marcus has plans to restructure its debt in hopes of reopening the majority of its luxu.....»»
The Wall Street Journal: Trump administration plans three-month suspension of import-tariff collection
The move is intended to provide financial relief to U.S. companies struggling amid coronavirus pandemic......»»
The Wall Street Journal: EPA plans to waive some compliance requirements of refiners, utilities amid coronavirus crisis
The Environmental Protection Agency is.....»»
The Wall Street Journal: U.S. airlines prepare plans to virtually shut down domestic service amid outbreak
Major U.S. airlines are drafting plans for a potential voluntary shutdow.....»»
Cisco Systems plans a new round of layoffs amid an uncertain outlook for the economy
A round of job cuts is coming to Cisco Systems Inc. as the company — and nearly all of the rest of the tech industry — faces uncertain economic prospects for the near future. The Wall Street Journal reports that the networking equipment maker is p.....»»
SEC probes AIG unit that sells retirement plans to teachers: WSJ
The U.S. Securities and Exchange Commission is probing sales and disclosure practices at Valic, a unit of U.S. insurer American International Group Inc , the Wall Street Journal reported on Tuesday, citing sources familiar with the matter......»»
Apple will seek theater deals for movies before streaming: WSJ
Apple Inc plans to take a different path to streaming rival Netflix and allow theatrical releases for some of the feature-length films it has begun producing for its new Apple TV+ service, the Wall Street Journal reported on Friday......»»
The Wall Street Journal: SoftBank to lend its workers billions to invest in its giant VC fund
SoftBank Group is leaning on its employees, including Chief Executive Masayoshi Son, for cash as the firm rushes to raise an ambitious technology fund amid volatile markets......»»
The Wall Street Journal: U.S. plans new Iran sanctions as Europe tries to defuse tensions
The U.S. plans to impose major new sanctions on Iran, signaling it won’t ease pressure despite a diplomatic push by European leaders to persuade Washington and Tehran to show restraint......»»
Netflix"s Hollywood rivals are spoiling for a fight
Disney, AT&T and Comcast have plans to enter the streaming-video ring, armed with well-known TV and movie brands. But can they hold their own against industry juggernaut Netflix? Photo illustration: Heather Seidel/The Wall Street Journal.....»»
The Wall Street Journal: U.S. may expand list of blacklisted Chinese companies
The U.S. is considering expanding the list of Chinese companies on a blacklist for U.S. suppliers amid escalating tensions between the two economic powers, according to a person familiar with the matter......»»
The Wall Street Journal: Amazon plans broad price cuts at Whole Foods this week
Amazon.com Inc. is planning to cut prices on hundreds of items at Whole Foods stores this week, as the e-commerce giant seeks to change the chain’s high-cost image amid intense competition among grocers......»»
Tencent Music Plans IPO; Valuation Could Exceed $25 Billion - Wall Street Journal
Wall Street JournalTencent Music Plans IPO; Valuation Could Exceed $25 BillionWall Street JournalTencent Music Entertainment Group, China's largest music-streaming company.....»»