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Asia stocks unnerved by yuan slide, heightened trade war fears

TOKYO The Chinese yuan skidded to one-year lows on Friday, unnerving investors in Asian stock markets and stoking concerns Beijing's currency management could become the next flash point in a fierce trade dispute with the United States.

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Sinclair 'did not fully disclose facts' on Tribune merger: FCC

WASHINGTON Sinclair Broadcast Group Inc "did not fully disclose facts" about aspects of its $3.9 billion acquisition of Tribune Media , the U.S. Federal Communications Commission said in an order released on Thursday that referred the issue to an administrative law judge for a hearing.

Jul 19 2018

At patent trial, Groupon casts IBM as shaking down other tech companies

A lawyer for discount e-commerce company Groupon Inc told a court in Delaware on Thursday that International Business Machines Corp has shaken down practically every large tech firm for patent fees.

Jul 19 2018

U.S. weekly jobless claims hit more than 48-and-a-half-year low

WASHINGTON The number of Americans filing for unemployment benefits dropped to a more than 48-1/2-year low last week as the labor market strengthens further, but trade tensions are casting a shadow over the economy's outlook.

Jul 19 2018

Exclusive: Tesla's battery maker suspends cobalt supplier amid sanctions concern

LONDON/TOKYO Panasonic Corp said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions, and that it had suspended relations with a Canadian supplier as a result of its concerns.

Tech, Cuba Jul 19 2018

Trump slams EU over $5 billion fine on Google

WASHINGTON U.S. President Donald Trump on Thursday criticized the European Union over a record $5 billion fine EU antitrust regulators imposed on Google, saying the bloc was taking advantage of the United States.

Jul 19 2018

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