Trump orders huge tariffs on China, raises trade war worries

Trump Trade-1

WASHINGTON (AP) — Primed for economic combat, President Donald Trump set in motion tariffs on as much as $60 billion in Chinese imports to the U.S. on Thursday and accused the Chinese of high-tech thievery, picking a fight that could push the global heavyweights into a trade war. China threatened...


As US gets tough with China, Wall Street gets weak-kneed

Financial Markets Wall Street

NEW YORK (AP) — The prospect of a full-blown trade war between the world’s two biggest economies rattled investors Thursday, sending stocks to their biggest loss in six weeks. The Dow Jones industrial average plunged more than 700 points, as President Donald Trump announced plans to slap tariffs on...


Trump moves to crack down on China trade with $50 billion in tariffs on imported products

(c) 2018, The Washington Post. WASHINGTON - President Donald Trump embarked Thursday on the sharpest trade confrontation with China in nearly a quarter-century, moving toward imposing tariffs on $60 billion in Chinese goods and limiting China’s freedom to invest in the U.S. technology industry....


Behind Facebook's baby step fixes: Defending its ad business

Facebook Baby Steps

NEW YORK (AP) — Wondering why Facebook seems to be taking baby steps to address the biggest scandal in its history? Stronger safeguards on user data might damage Facebook’s core business of using what it knows about you to sell ads that target your interests. Facebook is proposing only narrow...


Justice Department: AT&T's merger is a 'frontal attack' on the law

(c) 2018, The Washington Post. WASHINGTON - When the University of Maryland-Baltimore County delivered a historic upset over the University of Virginia’s college basketball team last week, the game was carried on a cable channel owned by a company AT&T is trying to buy for $85 billion - and which...


Zuckerberg can't fix Facebook's quagmire

(c) 2018, Bloomberg. (Bloomberg View) -- I think I understand why Facebook Chief Executive Officer Mark Zuckerberg hasn’t publicly responded to the Cambridge Analytica scandal. He’s stuck in a catch-22. Any fix for Facebook’s previous big problem -- fake news -- would make the current big problem...


AP FACT CHECK: Walker touts unemployment over other measures

Wisconsin Unemployment Walker Fact Check

MADISON, Wis. (AP) — Wisconsin’s Republican Gov. Scott Walker could barely contain himself with the news Thursday that Wisconsin’s unemployment rate hit a new record low of 2.9 percent. Walker, who is up for re-election in November, sent a combined 17 tweets on both his official and political...


Mueller examining Cambridge Analytica, Trump campaign ties

Britain Facebook Cambridge Analytica

WASHINGTON (AP) — Special counsel Robert Mueller is scrutinizing the connections between President Donald Trump’s campaign and the data mining firm Cambridge Analytica, which has come under fierce criticism over reports that it swiped the data of more than 50 million Facebook users to sway...


The Latest: Facebook takes baby steps on privacy

Facebook Baby Steps-3

NEW YORK (AP) — The Latest on reports that millions of Facebook users’ data was used to target political ads (all times local): 6 p.m. Facebook has opted to take little more than baby steps to address its latest scandal over its users’ privacy. From the company’s perspective, that makes perfect...


Why US consumers could feel impact of Trump's China tariffs

Trump Trade

WASHINGTON (AP) — From toys to clothes to shoes to cellphones, Americans buy a half-trillion dollars’ worth of goods from China each year — the biggest haul of imports from any one country. And that means the prices of many such products could surge as a result of President Donald Trump’s plan to...

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