Month: January 2020

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Trading Ideas

U.S. Disappointed as Johnson Gives Huawei Partial 5G Role

January 29, 2020 admin Comments Off on U.S. Disappointed as Johnson Gives Huawei Partial 5G Role

(Bloomberg) — U.K. Prime Minister Boris Johnson risked a rift with President Donald Trump as he gave Huawei Technologies Co. the green light to help develop Britain’s next-generation broadband networks.While the U.K. government announced it will keep what it calls high-risk vendors such as Huawei out of the most sensitive core parts of its 5G mobile networks, the company will be able to supply other equipment that is critical to the roll-out of broadband such as antennas and base stations.That is a blow to the Trump administration, which wanted Johnson to impose an outright ban on the Shenzhen-based tech giant, …read more […]

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Business News

‘Flash crash’ trader sentenced to time served plus a year of home confinement: lawyers

January 29, 2020 admin Comments Off on ‘Flash crash’ trader sentenced to time served plus a year of home confinement: lawyers

A Chicago-based U.S. federal district court judge on Tuesday sentenced Navinder Sarao, a London-based trader accused of contributing to Wall Street’s 2010 “flash crash”, to time already served in jail of four months, with a year of home confinement, Sarao’s attorneys said in a statement.

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Alaska Air Catches Up on Carving Out New Revenues

January 29, 2020 admin Comments Off on Alaska Air Catches Up on Carving Out New Revenues

Among larger U.S airlines, Alaska Airlines was one of the last carriers to take so-called segmentation seriously. But the airline has caught up, slicing and dicing its cabins to maximize revenue, executives said Tuesday on their fourth quarter earnings call. Since 2017, Alaska has added several new products, including what it calls premium class, for […] …read more […]