Interest rates and fears of a mounting trade war send tech stocks lower

Shares of technology companies were battered in today’s trading as fears of an increasing trade war between the U.S. and China and rising interest rates convinced worried investors to sell. The Nasdaq Composite Index, which is where many of the country’s largest technology companies trade their shares, was down 219.4…

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Helipads and everything else Amazon is getting out of its deals with New York and Virginia

Washington D.C. (CNN Business)When Amazon started looking for a second headquarters location more than a year ago, the company asked cities to put their best offers on the table in cash. Amazon’s requested perks include not just money, but a helipad at its planned new locations in Long Island City…

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Analysts weighing in on $8B SAP-Qualtrics deal dont see a game changer

SAP CEO Bill McDermott was jacked up today about his company’s $8 billion Qualtrics acquisition over the weekend. You would expect no less for such a big deal. McDermott believes the data Qualtrics provides could bridge the gap between his company’s operational data and customer, data wherever that resides. The…

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China makes opening bid to US on trade ahead of Trump-Xi meeting

Washington (CNN)The Chinese government has presented an offer to the United States to try to push forward stalled trade talks before the leaders of the two economic superpowers meet at the end of this month, according to two people briefed on the discussions. Asked about the offer at a weekly…

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How could May turmoil affect Brexit?

Image copyright AFP/Getty Images Image caption Jacob Rees-Mogg announced on Thursday he had submitted a letter to Sir Graham Brady This scenario would make the PM’s fighting spirit null and void. If the Conservative Party wants to oust her, MPs have to write letters to the chair of the 1922…

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Government backtracks on gaming machines

Media playback is unsupported on your device Media captionWhat are fixed-odds betting terminals? The maximum bet on fixed-odds betting terminals will be cut from April after the government bowed to pressure. Ministers had been facing a parliamentary defeat, with several Tory MPs joining opposition politicians to table amendments to the…

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