Federal News
FINANCIAL MARKETS Stocks rise broadly ahead of Fed statement NEW YORK (AP) — Stocks are broadly higher on Wall Street, potentially setting up the S&P 500 to break a four-day losing streak. The benchmark index was up 1.2% in midday trading, led by … [Continue reading] about Update on the latest in business:
Facebook’s Chief Technology Officer Mike Schroepfer is stepping down from the social media company, taking on a part-time role while longtime executive Andrew Bosworth will replace him next year. Schroepfer, known as “Schrep,” has been at Facebook … [Continue reading] about Facebook tech chief Mike Schroepfer to step down
Tim Sweeney, CEO of Fortnite maker Epic Games Inc., said Wednesday it’s been told by Apple that the game will be “blacklisted from the Apple ecosystem” until the companies’ legal case is resolved and all appeals are exhausted, which could take as … [Continue reading] about Epic CEO: Apple won’t let Fortnite back until case ends
BEIJING (AP) — The ruling Communist Party’s campaign to tighten control over China’s industries and use less foreign technology is slashing economic growth, a foreign business group warned Thursday. The European Union Chamber of Commerce in China … [Continue reading] about Business group: China’s tech self-reliance plans hurt growth
SAN JOSE, Calif. (AP) — Former U.S. Secretary of Defense James Mattis testified Wednesday in the trial of fallen tech star Elizabeth Holmes, saying the entrepreneur misled him into believing she was on the verge of rolling out a blood-testing … [Continue reading] about Former US defense secretary testifies in Holmes fraud trial
