SAN JOSE, Calif. (AP) — A former Google engineer was charged Tuesday with stealing self-driving car technology from the company shortly before he joined Uber’s efforts to catch up in the high-stakes race to build robotic vehicles. The indictment filed by the U.S. attorney’s office in San Jose, California, is an offshoot of a lawsuit […]
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China lets yuan sink, Trump says serious talks to start
BEIJING (AP) — China allowed its yuan to sink Monday and U.S. President Donald Trump said the two sides will talk “very seriously” about their war over trade and technology following tit-for-tat tariff hikes and Trump’s threat to order American companies to stop doing business with China. The escalations prompted warnings that the chances of […]
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Lawmakers on each side blame the other in Hong Kong protests
HONG KONG (AP) — Lawmakers on each side of Hong Kong’s political divide said Monday the other side bears responsibility after violence during anti-government protests over the weekend. Pro-government members of the Legislative Council condemned the acts of protesters who blocked streets, threw gasoline bombs and assaulted police officers. “You can say a lot of […]
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Economists survey: 34% expect a US recession in 2021
WASHINGTON (AP) — A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that they expect a recession in the U.S. by the end of 2021. Thirty-four percent of economists surveyed by the National Association for Business Economics, in a report being released Monday, said […]
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China lashes out at Taiwan over Hong Kong asylum offer
HONG KONG (AP) — China lashed out at Taiwan on Monday over its offer of political asylum to participants in Hong Kong’s pro-democracy protest movement, a day after hundreds of thousands of people marched peacefully in the latest massive demonstration in the Chinese territory. The government of Taiwan, a self-ruled island that China considers its […]
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US-China trade war leaves Europe as collateral damage
FRANKFURT, Germany (AP) — Like a sleek Mercedes crunched between two freight trucks, Europe’s economy is being knocked off course by the conflict between the U.S. and China over trade. The bill for damages from the U.S-China collision could be reflected in new growth figures due Wednesday that could show that Europe’s economic motor, Germany, […]