BEIJING (AP) – China plans to slash taxes, step up spending and provide ample financing to private and small enterprises to help counter the country's worst slowdown since the global financial crisis and the impact of a bruising trade war with the U.S..
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Children's clothing retailer Gymboree Group is expected to file for bankruptcy protection as soon as this week, in what would be its second bankruptcy filing in less than two years, a person familiar with the situation told CNBC.
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Apple AAPL stock has continued to fall after it slashed its holiday quarter sales guidance on the back of a slowdown in China and subdued iPhone sales.
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SINGAPORE (AP) – Asian markets bounced back from slight early losses on Tuesday after senior economic officials said Beijing will cut taxes and keep monetary policy flexible to help weather China's slowdown.
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A recent report on carrier tracking has sparked a growing feud between FCC Chairman Ajit Pai and the Congressional committee charged with overseeing him.
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