The escalating US-China trade war that's seen Chinese tech giant Huawei slapped on a US trade blacklist is causing ripples of shock across Europe too, as restrictions imposed on US companies hit regional suppliers concerned they could face US restrictions if they don't ditch Huawei. Reuters reports shares fell sharply today in three European chipmakers, Infineon Technologies, AMS and STMicroelectronics, after reports suggested some already had, or were about to, halt shipments to Huawei following the [...]
Mon, May 20, 2019, Continue reading at the source
Candidate accused of disloyalty after complaining another female member had been harassedThe far-right Sweden Democrats party has removed a female MEP from its list of candidates for this week's European elections, accusing her of disloyalty after she complained that another female member had been sexually harassed by a senior party figure, Swedish media have reported.The incident is the second scandal involving a European far-right party in a matter of days, following the resignation on Saturday [...]
Mon, May 20, 2019, Continue reading at the source
Austrian coalition crisis turns to fate of far-right interior minister
Conservative Chancellor Sebastian Kurz called off his coalition with the far-right Freedom Party (FPO) on Saturday after its longtime leader Heinz-Christian Strache was caught in the apparent sting operation offering to fix state contracts for a woman posing as a Russian oligarch's niece. German media published the video on Friday, a week before a European Parliament election and a year and a half after Austria once again became the only Western European country with [...]
Mon, May 20, 2019, Continue reading at the source
Chairman of U.S. telecoms regulator backs T-Mobile, Sprint merger
Federal Communications Commission (FCC) Chairman Ajit Pai said on Monday he will recommend that the other four commissioners vote to approve the merger. A second member of the five-person FCC, Commissioner Brendan Carr, a Republican, also said he will vote to approve the deal. Sprint jumped 25.1% to $7.73 while T-Mobile was up 6% to $79.93. [...]
Mon, May 20, 2019, Continue reading at the source
Presidential candidate's proposal would fine 1% of profits for every 1% of pay gap between men and women performing work of equal valueSign up for the US briefing and get a new perspective 2.44pm BSTSouth Bend Mayor Pete Buttigieg has been out of town and away from his day job nearly half the days in recent months as he pursues his presidential bid, the South Bend Tribune reports.Of the 120 days from Feb. 1 through [...]
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In 1989, five black and Latino teenagers were wrongly accused of the brutal rape of a jogger in New York City's Central Park. Antron McCray, Kevin Richardson, Yusef Salaam, Raymond Santana and Korey Wise became known as the Central Park Five. The boys were charged and convicted with no physical evidence implicating them. But in 2002, their convictions were overturned after DNA evidence and a confession exonerated them. Director Ava DuVernay joins "CBS This Morning" [...]
Mon, May 20, 2019, Continue reading at the source
FvD will join divided ranks of Europe's populist right where alliances are in fluxIn the conference room of a slightly soulless hotel on the neat outskirts of the eastern Dutch town of Emmen, a crowd of 100 or so had gathered to hear a former MEP and European commission staffer tell them there is far too much Europe.“Everyone wants more EU. We want less,” said Derk Jan Eppink. “Take power back from Brussels, return it [...]
Mon, May 20, 2019, Continue reading at the source
Home secretary applies for closed hearing into ‘serious' breaches by security serviceThe home secretary has applied to the high court for a secret hearing to prevent public disclosure of the nature of “serious” breaches recently admitted by MI5 in its surveillance safeguards.In a seven-page submission, Sajid Javid has requested the court hold what is known as a “closed material procedure” – from which the claimants, the media and public will be excluded – into failures [...]
Mon, May 20, 2019, Continue reading at the source
Ford cutting 7,000 salaried jobs under pressure to boost profits, reduce bureaucracy
Ford workers opened their email Monday to find a letter from CEO Jim Hackett with details on how many salaried workers would be leaving the automaker. [...]
Mon, May 20, 2019, Continue reading at the source