- Donald Trump and European Commission President Jean-Claude Junker announced agreement to at least pause the current trade war as the EU will buy more US soybeans and natural gas.
- Ford is the latest US manufacturer to sharply cut 2018 profit outlook as tariffs on steel and aluminum have hurt second quarter numbers and are expected to significantly hurt third quarter earnings.
- Facebook stock took a major beating after hours as the company announced that efforts to protect user privacy will hurt corporate profits for "several years ahead".
- China is downplaying a 26-year-old man's attempt to bomb the US Embassy in Beijing as an "isolated incident", the man is being treated in a hospital and no other injuries were reported.
- Data security experts are warning of a nearly decade-old security flaw in Bluetooth pairing technology that could expose data to hackers, tech manufacturers are already releasing patches.
Thursday, July 26, 2018
StupidiNews!
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