A new set of restrictions on Chinese access to US semiconductor technology may arguably have commercial and geopolitical merit, but the timing couldn’t be worse. Shares of chip-industry leaders from Lam Research Corp. to Taiwan Semiconductor Manufacturing Co. plunged across the globe after the Biden administration announced stricter rules. These new measures are a natural evolution of Washington tightening ...

  Bloomberg Holiday deals are coming back, bringing a measure of relief for US shoppers squeezed by inflation. Tech gadgets to sporting goods will see “massive” online discounts, with the best bargains likely in late November, Adobe Analytics said in a report. Walmart Inc is already touting deals on computers, toys and air fryers this week, while Amazon.com Inc will ...

  Bloomberg A wheel fell off a giant Boeing Co. cargo jet and plunged to the ground shortly after the aircraft took off from Taranto in southern Italy on Tuesday morning. A video posted on Twitter showed a plume of black smoke suddenly spit out from the 747-400 Dreamlifter’s undercarriage and a wheel like a giant bowling ball flying to ...