Utah event celebrates Transcontinental Railroad anniversary

U.S. 05/10/19, 16:28

Music, bells and cannon fire rang out Friday at a remote spot in the Utah desert where the final spikes of the Transcontinental Railroad were hammered 150 years ago, uniting a nation long separated by vast expanses of desert, mountains and forests and fresh off the Civil War. An estimated 20,000 ...

Using American hostages comes easy to the Chinese Communist Party

China 05/10/19, 14:20

A family of American citizens has been held captive in China since June 2018. The family, a mother, daughter, and son have been denied exit from China, and are being used as bait to capture their father, who happens to be on the Chinese Communist Party's (CCP), most-wanted list. Cynthia and Victor ...

Markets Right Now: Stocks on track for worst week of year

Business 05/10/19, 11:03

The latest on developments in financial markets (all times local): 11:45 a.m. Stocks are falling again on Wall Street after the U.S. and China failed to reach a trade deal, triggering a round of higher tariffs on Chinese goods. FILE- In this March 11, 2019, file photo specialist Donald Himpele Jr. works at ...

Diplomat with unexplained injury to give brain for research

Science 05/10/19, 10:07

A U.S. diplomat who suffered headaches and memory loss under mysterious circumstances while stationed in China has pledged to donate his brain for research.Mark Lenzi on Friday joined the several thousand others, including many former NFL players, who previously signed agreements to have their brains studied after they die by ...

President Trump says China tariffs help US, trade talks ‘congenial’

Politics 05/10/19, 06:58

President Donald Trump says trade talks between China and the U.S. are continuing in a "very congenial manner" despite new tariffs the U.S. imposed Friday on $200 billion in Chinese imports. Trump tweeted Friday that the increased tariffs will bring "FAR MORE wealth" to the United States, although a study by ...

Update: Japan hoping for end to China-US trade dispute

Politics 05/10/19, 04:44

The Latest on the tariffs standoff between the United States and China as trade talks are underway in Washington (all times local): 4:40 p.m. In Tokyo, Deputy Chief Cabinet Secretary Kotaro Nogami has told reporters that Japan hopes the U.S. and China will resolve their trade disputes through dialogue. He said an ...

Liberty owner Joe Tsai wants to help grow US-China relations

Sports 05/10/19, 03:27

The New York Liberty's new owner Joe Tsai saw the team's exhibition game against the Chinese national team Thursday night as a chance to grow relations between the two countries. The co-founder of Chinese multinatioinal conglomerate AliBaba said he travels a lot for work and at each conference he's asked about ...

Asia shares mostly gain, Shanghai up 3% after US tariff hike

Business 05/10/19, 02:44

Shares were mostly higher in Asia on Friday in volatile trading, with mainland Chinese stocks bouncing more than 3% as regulators apparently stepped in to support the markets. The Shanghai Composite index surged 3.1% to 2,939.21 while the A-share index in the smaller market of Shenzhen jumped 3.8%. Traders said Chinese ...

Update: China trade envoy hoping for rational talks

Politics 05/09/19, 22:59

The Latest on trade talks between China and the United States (all times local): 10:40 a.m. China's chief envoy to high-stakes trade talks with Washington says he came "with sincerity" and said more tariff hikes is "not a solution to the problem." Vice Premier Liu He told Chinese state TV the talks aimed ...

2 Chinese men indicted for hacking Anthem, 3 other companies

Health 05/09/19, 17:47

A federal grand jury has indicted two Chinese men for hacking into the computers of health insurer Anthem Inc. and three other, unnamed companies, the Justice Department said Thursday.The indictment alleges Fujie Wang, 32, and a man identified only as John Doe stole the personal information of nearly 79 million ...

Burned before, US pushes for way to enforce China trade deal

Business 05/09/19, 16:03

In trying to hammer out a trade agreement with China, the Trump administration may be drawing inspiration from classic rock, specifically The Who's anthem "Won't Get Fooled Again." Fed up with China for breaking past promises, the administration is insisting on provisions designed to force the Chinese to live up to ...

President Trump: Trade deal was close, but China tried to renegotiate

Politics 05/09/19, 13:23

President Donald Trump says the United States was close to a trade deal with China, but then China tried to renegotiate. Trump said Thursday that the Chinese wanted to come back to continue negotiations. He added that if it doesn't work out, the U.S. has an "excellent" alternative. The United States plans ...

China Mobile blocked from offering phone service in US

Business 05/09/19, 11:41

U.S. communications regulators on Thursday rejected a Chinese telecom company's application to provide service in the U.S. due to national security risks amid an escalation in tensions between the two countries. The Federal Communications Commission on Thursday voted unanimously, 5-0 across party lines, to reject China Mobile International USA Inc.'s long-ago ...

US trade deficit edges up to $50 billion in March

Business 05/09/19, 10:08

The U.S. trade deficit increased slightly in March even though the deficit with China fell to the lowest point in five years. The deficit in goods and services edged up 1.5% to $50 billion in March, after falling 3.6%in February, the Commerce Department reported Thursday. The deficit is the difference between ...

Stocks tumble around world as trade-war deadline approaches

Business 05/09/19, 09:05

U.S. stocks slumped with other markets around the world Thursday after China said it would retaliate if the U.S. follows through with a plan to raise tariffs on Chinese imports. Trade tensions between the world's two largest economies are dragging down stocks from Mumbai to Milan as the hours tick down ...

Chinese companies brace for tariff hike as trade talks begin

Business 05/09/19, 08:15

Chinese exporters of all sorts of products, from power adapters and computers to vacuum cleaners, are anxiously hoping trade talks in Washington this week will yield a deal that might stave off higher U.S. tariffs on imports from China. Companies across China are bracing for a tariff hike after President Donald ...

Trade dispute with US a political challenge for China’s Xi

China 05/09/19, 03:52

The tariff war between Washington and Beijing poses one of the biggest challenges yet for Chinese President Xi Jinping, potentially exposing his political vulnerabilities at a time when the Chinese economy is already slowing. The U.S. effort to win concessions from China on strategic industrial policies has put Xi's own prestige ...

China holds appeal hearing for Canadian sentenced to death

China 05/09/19, 03:18

A Chinese court held an appeal hearing Thursday for a Canadian who was sentenced to death for drug smuggling in a case that has deepened a diplomatic rift between the two countries. The intermediate-level court in northeastern Liaoning province said Robert Schellenberg's sentence would be announced at an unspecified date. Convicted of ...

Asian shares mostly lower amid jitters ahead of trade talks

Business 05/09/19, 01:21

Share sank in Asia Thursday as investors fretted over trade tensions between the U.S. and China. Hong Kong's Hang Seng index skidded 1.8% to 28,482.09 and Japan's benchmark Nikkei 225 slipped 0.9% to 21,402.13. Australia's S&P/ASX 200 gained 0.3% to 6,290.40. South Korea's Kospi dropped 2.6% to 2,111.38. The Shanghai Composite ...

US, Chinese negotiators to resume talks as US tariffs loom

Politics 05/08/19, 23:20

U.S. and Chinese negotiators are set to resume trade talks just hours before the United States plans to raise tariffs on Chinese imports in a dramatic escalation of tensions between the world's two biggest economies. China says it will retaliate if President Donald Trump follows through, though the Commerce Ministry in ...

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