U.S. to investigate Kodak’s government loan deal, Trump says

The U.S. government will quickly investigate the circumstances surrounding Eastman Kodak Co’s announcement of a $765 million government loan to make drugs at its U.S. factories, President Donald Trump said on Tuesday. The company’s shares closed down 3.61% at $14.40 after the Wall Street Journal reported earlier that the U.S. Securities and Exchange Commission would […]

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The trade secret minefield: What workers risk when changing jobs

Self-driving truck entrepreneur Anthony Levandowski on Tuesday received an 18-month prison sentence in the highest-profile trade secrets theft case in Silicon Valley in recent years. Here is a look at where the law stands on taking documents when leaving a job. What was Levandowski convicted of? Prosecutors said Levandowski deliberately moved over 14,000 sensitive files […]

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China, U.S. to review trade deal, air other grievances on August 15

Senior U.S. and Chinese officials will review the implementation of their Phase 1 trade deal and likely air mutual grievances in an increasingly tense relationship during an Aug. 15 videoconference, two people familiar with the plans said. U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He, the principal negotiators for the two countries, […]

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Pandemic woes keep Japan’s service sector in decline at start of third quarter: PMI

Japan’s services sector contracted for a sixth straight month in July, suggesting economic activity remained under pressure from the coronavirus crisis as the third quarter got under way. The final Jibun Bank Japan Services Purchasing Managers’ Index (PMI) edged up to a seasonally adjusted 45.4 in July, hardly an encouraging change from 45.0 in June […]

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