Tuesday, July 16, 2019

Chinese electric scooter maker Niu, a supplier to US ride-sharing service Revel, says it will transfer tariff costs to US clients as trade war continues (Iris Deng/South China Morning Post)

Iris Deng / South China Morning Post:
Chinese electric scooter maker Niu, a supplier to US ride-sharing service Revel, says it will transfer tariff costs to US clients as trade war continues  —  Niu is transferring increased tariff costs to consumers as trade war drags on The scooter company has plans to go into retail …



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...