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US Lets ZTE Resume Some Activity

The United States temporarily allowed the Chinese telecommunications company ZTE to resume some activities while working to meet the conditions set by Washington in a political agreement reached last month. In a Federal Register release issued Tuesday, the Commerce Department gave ZTE until August 1 to continue supporting existing US equipment and networks, eliminating some restrictions put in place in …

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ZTE given temporary reprieve from U.S.; removes more executives | News

Tuesday, 3 July 2018 3:46 pm CDT by Karen Freifeld and Sijia Jiang NEW YORK / HONG KONG (Reuters) – Chinese ZTE Corp received a temporary suspension from the State Government United to conduct the business necessary to maintain existing networks and equipment ZTE which produces smartphones and networking devices, was forced to cease major operations in April, after the …

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China’s Yuan Reverses Course, Rises Against Dollar

4 July 2018 12:03 ET On Wednesday, the Chinese yuan rose against the dollar, continuing a recovery that began the previous afternoon after the head of the Chinese central bank pledged to maintain the "substantially stable" exchange rate. The yuan advanced 0.7% against the dollar shortly after the start of trading in mainland China. In recent action, one dollar bought …

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Motorists will pay 6 percent more to travel on the turnpike in 2019 |

The price for traveling on the Pennsylvania Turnpike is rising – again. The Pennsylvania Turnpike Commission announced Tuesday that as of January 6th it will be E-ZPass that cash customers will pay 6 percent more to travel across the state. The increase will apply to all turnpike sections and extensions, including the Riverbank cash-free toll point in Delaware to the …

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Asian shares, yuan on shaky ground on specter of Sino-U.S. trade war

TOKYO (Reuters) – Asian markets fell on Wednesday, while the Chinese yuan remained close to 11-month lows while the specter of a Sino-American trade war persecuted investors before the weekend's end for US tariffs on billions of dollars of Chinese imports. PHOTO FILE: People pass in front of an electronic card showing the Japanese media Nikkei outside an intermediary company …

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FAA declines to regulate more legroom for airline passengers

Receive urgent alerts and special reports. The news and stories that count, delivered on weekday mornings. SUBSCRIBE The Federal Aviation Administration said on Tuesday that even though the collective life-line of America is expanding, airlines are free to continue putting passengers on a diet. The agency was responding to a legal challenge from the FlyersRights group, which claimed that current …

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Auto sales rise in 1st half, but analysts warn of turbulence

Updated 4:31 pm PDT, Tuesday 3 July 2018 Photos: David Zalubowski, AP On this Sunday, June 24, 2018, photographed, unsold 2018, suburbans sit at a Chevrolet dealer in Englewood, Colorado. Neither higher gas prices nor rising interest rates could curb US car sales during the first half of 2018. Sales rose by 1.8% during the first half of the year. …

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