Recent Posts

Australia bans China’s Huawei, ZTE from 5G network projects

Bloomberg Australia banned China’s Huawei Technologies Co. and ZTE Corp. from supplying next-generation wireless equipment to the nation’s telecom operators, the latest blow in an escalating global battle over network security. The government gave carriers new security guidance for fifth-generation mobile technology and warned that using government-linked suppliers would risk breaching their obligations. The nature of 5G technology means security ...

Read More »

Hurricane Lane pummels Hawaii with rain

Bloomberg A weakening Hurricane Lane has brought record rainfall to Hawaii, where flooding threatens $8 billion worth of homes. In 12 hours, 16.48 inches of rain fell on the Big Island of Hawaii, and daily records were set at Hilo International Airport on Wednesday and on Thursday, the National Weather Service said. Roads on the Big Island have been washed ...

Read More »

Walmart asks beauty suppliers to look beyond China for sourcing

Bloomberg Walmart Inc. has asked its cosmetics suppliers to consider sourcing their goods in countries outside of China, one of the first signs that the world’s largest retailer hopes to dilute the impact of the Trump administration’s looming tariffs. A “large amount” of items in the cosmetics category fall under the most-recent proposed levies on Chinese goods, according to an ...

Read More »
Send this to a friend