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Johnson chooses Huawei expediency

There’s a fine line between a fudge and a workable compromise. In Britain’s handling of Huawei Technologies Co., Prime Minister Boris Johnson has just about managed to secure the latter. The UK has brushed off the US’s complaints and decided to allow its telecoms operators to install equipment made by “high-risk vendors” — read: Huawei — in their networks. But ...

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Apple Inc’s once-sunny China future looks hazy

China was supposed to be crucial to Apple Inc.’s future. A tech-savvy audience, impressive mobile infrastructure and growing wealth had executives and investors believing the world’s most populous country would drive growth. So far, the data indicate otherwise. The Greater China region — which comprises China, Hong Kong and Taiwan — just posted yet another period of underperformance, contributing little ...

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Exxon Mobil, Chevron help fuel investor revolt

You can’t turn a supertanker quickly, as the old saying goes. Bailing out, on the other hand, takes no time at all. The last week’s double dose of weak Big Oil earnings from Exxon Mobil Corp. and Chevron Corp. followed hard on the heels of Royal Dutch Shell Plc’s debacle on January 30. Shares of both companies were down about ...

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