Bloomberg The Trump administration widened its dragnet on Chinese companies barred from selling to the US or buying components from American firms in a push to slow China’s technological advances. After crippling Huawei Technologies Co, the administration followed up by threatening to cut off US compone- nts or software to five Chinese video surveillance firms. But the plan might backfire, …

Bloomberg US antitrust officials are investigating potentially anti-competitive practices in the residential real estate brokerage business, with a focus on compensation to brokers and restrictions on their access to listings. The probe was detailed in a civil investigative demand, which is akin to a subpoena, issued by the Justice Department to CoreLogic Inc., which provides real estate data to government …

Bloomberg Amazon.com Inc is developing a voice-activated wearable device that can recognise human emotions. The wrist-worn gadget is described as a health and wellness product in internal documents reviewed by Bloomberg. It’s a collaboration between Lab126, the hardware development group behind Amazon’s Fire phone and Echo smart speaker, and the Alexa voice software team. Designed to work with a smartphone …

Bloomberg Voice-recognition company Iflytek Co plunged following news it is on a list of Chinese technology firms that may face restrictions from the US. Iflytek, which says it controls over 70 percent of China’s speech technology market, slid as much as 8.2 percent in Shenzhen after people familiar with the matter said the US is considering curbs on the company, …

Bloomberg Austrian aerospace supplier FACC AG, spun off from a maker of skis and tennis rackets 30 years ago, is about to reinvent itself again. The manufacturer of composite wing flaps and rudders for Airbus SE and Boeing Co is branching out to build flying taxis for Chinese technology startup EHang Inc, a market Chief Executive Officer Robert Machtlinger says …

Bloomberg Nintendo Co remains bereft of a monster smartphone hit more than four years after a much-ballyhooed entry into mobile gaming. The wait may finally be over. Mario Kart Tour, scheduled to launch this summer, has had gamers in a tizzy since it was announced in early 2018. Not only is the franchise one of the best-known racing series in …

Bloomberg For Loretta Mester, returning inflation to the US central bank’s 2 percent target requires restraint more than drastic action. In an interview with Bloomberg News, the president of the Federal Reserve Bank of Cleveland dismissed the notion that policy makers should cut interest rates to raise inflation. Instead, officials should simply be careful not to react too quickly when …

Bloomberg US President Donald Trump doubled down on his fight to stop House Democrats from getting his financial records after losing two court battles this week, filing swift appeals in both cases. He asked a federal appeals court in New York to reverse an order allowing Democrats to go forward with subpoenas for records from Deutsche Bank AG and Capital …

Bloomberg The euro-area economy remains on track with European Central Bank projections that foresee an upturn later this year, policy maker Bostjan Vasle said. The ECB is gearing up for a meeting in Lithuania in two weeks that will include updates to its forecasts and discussions over how generous to make a new round of bank loans known as TLTROs. …

Bloomberg The rally in Treasuries has gone too far for now, according to Citigroup Inc. Investors should take profits in long 10-year Treasury positions, as a possible double-bottom technical pattern and potential weakening in momentum suggests yields could bounce back to 2.60 percent in the short term, strategists including Jeremy Hale wrote in a note. “The 10-year yield has bounced …