Huawei Executive Accused by US Startup of Involvement in Trade-Secrets Theft

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Huawei Executive Accused by US Startup of Involvement in Trade-Secrets Theft

A Silicon Valley chip startup backed by Microsoft Corp. and Dell Technologies Inc. DELL -0.83% has accused a top executive at Huawei Technologies Co., Deputy Chairman Eric Xu, of participating in a conspiracy to steal its trade secrets, court documents …
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Saudi Arabia wants to buy tons of American natural gas

New York (CNN Business) Saudi Arabia has placed a huge bet on American natural gas. In a sign of shifting energy fortunes, Saudi Aramco announced a mega preliminary agreement on Wednesday to buy 5 million tons of liquefied natural gas per year from …
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Apple's profit will drop by almost 30% if China bans its products, Goldman Sachs estimates

An all-out ban on Apple products in China could wipe out almost 30% of Apple’s profits, Goldman Sachs analysts estimate. The report comes as the market anticipates a further escalation of the ongoing US-China trade dispute. Apple shares fell nearly 2% on …
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Don't Delay Implementing New Revenue Recognition Standard

If you haven't started making changes in light of the new revenue recognition standard, it's time to get with the program. Accounting for revenue has
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Borgata casino in Atlantic City bets big on sports wagering with new $12M facility

Atlantic City’s Borgata casino is investing $12 million in a new sports betting and entertainment project. Casino officials tell The Associated Press it will open a sports bar and sports betting facility named Moneyline Bar & Book on June 29. The name is a …
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