Japan retail sales jump the most since 2014, outlook murky
Japanese retail sales grew the most in 5-1/2 years in September, boosted by consumers accelerating spending to beat a national sales tax hike that kicked in this month, raising some concerns about a subsequent pullback in demand in the coming months.
Global share rally pauses on trade risks ahead of Fed
A rally in global shares stalled, with Asian markets stuck in tight ranges early on Wednesday, as the prospect of a rate cut by the Federal Reserve was countered by worries a Sino-U.S. first-stage trade deal could be delayed.
AT&T reveals HBO Max price and date it will take on Disney, Netflix
AT&T Inc executives on Tuesday said the company’s HBO Max streaming video service will cost $15 per month — the same price it currently charges for HBO — when it launches in May 2020, marking an aggressive entry into the streaming wars.
WhatsApp sues Israel’s NSO for allegedly helping spies hack phones around the world
WhatsApp sued Israeli surveillance firm NSO Group on Tuesday, accusing it of helping government spies break into the phones of roughly 1,400 users across four continents in a hacking spree whose targets included diplomats, political dissidents, journal…
NCAA board votes to let student athletes endorse brands, accept sponsors
U.S. college athletes can profit from brand sponsorships and endorsement deals under a new rule approved on Tuesday by the governing board of the NCAA, the organization that regulates U.S. collegiate sports.
In South Korea’s dangerous shipyards, subcontracted workers are most at risk
Park Chol-hee was working the holiday shift at Samsung Heavy Industries’ Geoje shipyard on Labour Day, 2017, when a giant crane collided with another and crashed to ground, killing six people, including Park’s younger brother.
Amgen posts higher biosimilar sales, ends neuroscience program
Amgen Inc on Tuesday said competition for its older drugs sent third-quarter revenue down 3%, but biosimilar sales were strong and the quarterly results were ahead of Wall Street estimates.
J&J says new tests find no asbestos in same baby powder bottle that sparked recall
Johnson & Johnson said on Tuesday that 15 new tests found no asbestos in a bottle of baby powder that the U.S. Food and Drug Administration says tested positive for trace amounts of asbestos, a finding the agency stands by.
AT&T reveals date HBO Max will take on Disney, Netflix
AT&T Inc executives on Tuesday said the company’s HBO Max streaming video service that will launch in May 2020 is expected to reach 75 million to 90 million global subscribers by 2025, with about 50 million of these coming from the United States.
U.S. telecoms supply chain rules, seen hitting Huawei, under review: official
Rules to implement a White House executive order that is expected to pave the way for China’s Huawei to be banned from the U.S. telecoms supply chain are “under consideration and review,” a Commerce Department official said on Tuesday.
