The Global Chip Shortage: Worst-Hit Industries
Chip suppliers, which trimmed down chip production for autos and in turn stepped up supplies to consumer electronics, are now pressured from all quarters.
U.S. Adds Chinese Tech Firms to Export Blacklist
The Commerce Department says the companies were building supercomputers used by China for "destabilizing military modernization efforts."
SEC Unveils Rule on Oversight of Chinese Issuers
The regulator indicated how it will implement a law aimed at delisting Chinese companies that do not meet U.S. auditing standards.
Starbucks’ U.S. Sales Fall Amid COVID-19 Surge
The first quarter saw "meaningful, sequential improvements in quarterly financial results despite ongoing business disruption from the pandemic."
U.S. Government Blacklists Xiaomi and Cnooc
China’s leading smartphone maker and its third-biggest oil driller were added to the list of firms banned from American investment.
Top U.S. Banks to Remove Hong Kong Listed Products
Removal of these 500 structured products is the outcome of an executive order prohibiting investments in companies with links to the Chinese military.
U.S. Trade Gap Hits 14-Year High of $68.1B
Retailers pushed imports of consumer goods to a record as they stocked up for the Christmas holiday season..
Trump Issues Ban on Chinese Payment Apps
The president’s executive order said the "pace and pervasiveness" of Chinese technology was a threat to American national security.
China Vows Retaliation After NYSE Announces Plans to Delist Telecoms
The incoming Biden administration has struck a more conciliatory tone following a Trump executive order.
Alibaba ‘Dismayed’ Over Ethnic Profiling in Facial Recognition Technology
The Chinese e-commerce giant claimed the technology was in a trial phase and never deployed by any customer.
Luckin Coffee Fined $180M in Accounting Fraud
The SEC says the Chinese retailer fabricated more than $300 million in coupon sales to present a false picture of rapid growth to investors.