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Below, we'll show you how to watch Monday Night Football, whether you're looking to catch the Eagles vs. This week's bonus Monday Night Football game will start an hour earlier on ABC. How to watch Monday Night Football from anywhereIf you're in the US, Monday Night Football usually airs weekly on ESPN at 8:15 p.m. If you don't subscribe to a pay-TV cable provider, you can also watch Monday Night Football via a live TV streaming service. For $6.99 per month, NFL+ offers live streams for all local broadcasts and primetime games, including Monday Night Football, Sunday Night Football, and Thursday Night Football.

Persons: They've, Patrick Mahomes, We'll, you'll, you've, You'll, ExpressVPN, NFL RedZone Organizations: Eagles, Buccaneers, Rams, Bengals, ESPN, Los Angeles Rams, Cincinnati Bengals, Chiefs, ABC, . Buccaneers, ESPN2, Sling, Subscription, NFL, Football, NFL Network, NFL Films, NFL Shop, NFL Network . International, ESPN doubleheaders, Philadelphia Eagles, Tampa Bay Buccaneers, Seattle Seahawks, New York Giants, Green Bay Packers, Las Vegas Raiders, Dallas Cowboys, Los Angeles Chargers, San Francisco 49ers, Minnesota Vikings, Detroit Lions, New York Jets, Denver Broncos, Buffalo Bills, Kansas City Chiefs, Chicago Bears, Jacksonville Jaguars, Tennessee Titans, Miami Dolphins, New England Patriots —, Baltimore Ravens Locations: New York, Los Angeles, Chicago, Philadelphia, San Francisco, Houston, Raleigh, Durham, Fresno, DAZN, United States, China

HARRISBURG, Pa. (AP) — Republican David McCormick is expected to announce Thursday that he will enter Pennsylvania's U.S. Senate race and make his second bid for the office, this time to take on Democratic Sen. Bob Casey after losing in last year’s crowded Republican primary. McCormick's aides have sent invites to a “special announcement” by McCormick at the Heinz History Center in Pittsburgh at 5 p.m. McCormick, 58, was heavily recruited to run again by the party establishment and, thus far, has a clear GOP primary field. He is a stalwart of Pennsylvania’s Democratic Party — the son of a former two-term governor and Pennsylvania's longest-ever serving Democrat in the Senate. McCormick, who grew up near Bloomsburg, is the son of Pennsylvania’s first state university system chancellor.

Persons: David McCormick, Democratic Sen, Bob Casey, McCormick's, McCormick, Casey, West Virginia —, Republican Sen, Pat Toomey, Donald Trump, Mehmet Oz, John Fettermanbeat Oz, —, Joe Biden, Scranton . McCormick, Pennsylvania’s, George W, ___, Marc Levy Organizations: —, Pennsylvania's, Senate, Democratic, Republican, Heinz, Center, Associated Press, White, West Virginia, Democratic Party —, Star, FreeMarkets, Bridgewater Associates, Twitter Locations: HARRISBURG, Pa, Pennsylvania's U.S, Pittsburgh, Pennsylvania, — Montana , Ohio, West, Pennsylvania's, Scranton ., Bloomsburg, Connecticut

☆ Apple hikes iPhone prices in key China and India markets despite keeping them the same in the U.S.
▼ + stars: | 2023-09-13 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Apple CEO Tim Cook holds up a new iPhone 15 Pro during an Apple event on September 12, 2023 in Cupertino, California. The base versions of the iPhone 15, iPhone 15 Plus and iPhone 15 Pro Max remained the same. In India, Apple kept prices for all versions of the iPhone 15 and iPhone 15 Plus the same. But it hiked prices for all of the versions of the iPhone 15 Pro and Pro Max. All the versions of the iPhone 15 Pro Max, however, are priced 10,000 rupees higher than the equivalent iPhone 14 Pro Max model.

Persons: Tim Cook, Max, Apple, Pro Max Organizations: Apple, Pro Locations: Cupertino , California, China, Japan, India, U.S, Cupertino

☆ What to expect when Google faces the DOJ in the first major tech monopoly trial in decades
▼ + stars: | 2023-09-11 | by ( Lauren Feiner | ) www.cnbc.com time to read: +13 min

While the trial marks the tech sector's first major anti-monopoly proceeding in decades, Google is squarely in the middle of its antitrust battles. What the trial is aboutA key focus of the trial will be on two kinds of agreements Google has made with other companies. "The cases have very compatible theories, and the core message from both is that Google's monopoly power has been abused, harming competition and hurting consumers," Weiser said. Walker wrote that the abundance of places where consumers can use online search shows that Google hasn't foreclosed competition. In addition to experts like economists, expect to see Google executives called to the stand, potentially including CEO Sundar Pichai.

Persons: Sundar Pichai, Jonathan Kanter, It's, it's, Google's, Microsoft's Bing, Phil Weiser, Weiser, Elijah McClain, Aaron Ontiveroz, Bing, Global Affairs Kent Walker, Walker, Rebecca Haw Allensworth, Bill Kovacic, Tim Cook, Joe Biden, Anna Moneymaker, Allensworth, conscientiously, What's, Google's Walker, Lee Hepner, Matt Schruers, Bard, OpenAI, Schruers Organizations: US Department of Justice, Getty, Department of Justice, Microsoft, DOJ, Google, of, Apple, Microsoft's, CNBC, Aurora, MediaNews, Denver, Global Affairs, Insider Intelligence, Amazon, Vanderbilt Law School, George Washington University Law School, FTC, White House, Mozilla, American Economic Liberties, Computer & Communications Industry Association Locations: U.S, Europe, Eastern, of Virginia, Colorado, Washington , DC

☆ IKEA stores owner Ingka plans recycling expansion
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +2 min

Ingka Investments' Peter van der Poel told a panel at the Reuters IMPACT conference in London that a recycling initiative in the Netherlands would be expanded to markets including France, Belgium and Scandinavia. "The thing here is to understand in many markets in Europe, still incineration is incentivised (over) recycling. Ingka Investments is the investment arm of Ingka Group, which owns and operates the majority of IKEA stores. Investing in what it calls the circular economy, which includes recycling, is part of Ingka's sustainable investment portfolio, alongside renewable energy and forests. Van der Poel says this is viable because Ingka has an investment horizon of "generations", out to 100 years.

Persons: Anna Ringstrom, Peter van der Poel, Van der Poel, Tommy Reggiori Wilkes, Emma Rumney, Simon Jessop, Jan Harvey Organizations: REUTERS, Ingka, Ingka Investments, Reuters IMPACT, Investments, IKEA, Thomson Locations: Stockholm, Sweden, Europe, London, Netherlands, France, Belgium, Scandinavia, North America

☆ Panera Bread slashes dozens of popular menu items, including kids meals, from certain stores as the chain tries to simplify operations
▼ + stars: | 2023-09-05 | by ( Nancy Luna | ) www.businessinsider.com time to read: +3 min

Panera Bread, which plans to go public, has axed dozens of menu items in select stores. Items on the chopping block include expensive menu items like the steak and white cheddar sandwich. Panera Bread said the move is a test to simplify operations. Panera Bread said the simplified menu is a test. The citrus Asian crunch salad with chicken, priced at $14.69, has also been removed from test stores.

Persons: Bread, Panera Bread Organizations: Service, Deloitte Locations: Wall, Silicon, Orange , California

☆ Disney urges Spectrum users to switch to Hulu live plan
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSept 4 (Reuters) - Walt Disney (DIS.N) urged customers of Charter Communications' Spectrum cable service to consider switching to a live television option from Hulu as the media companies remain at odds over a new distribution deal. With no deal in place, Disney suggested that Spectrum customers sign up for Hulu + Live TV, a streaming service that offers ESPN, ABC, Disney+ and dozens of other cable channels. "Despite the ongoing dispute, consumers have many other choices—such as Hulu + Live TV—that allow them to enjoy the great programming for which Disney Entertainment is known," the company said in a statement. Disney pulled its channels off Charter's Spectrum cable service last week in the middle of U.S. Open tennis coverage and other live sporting events including college football. Charter has about 14.7 million subscribers to its Spectrum TV service in markets including New York and Los Angeles.

Persons: Brendan McDermid, Walt Disney, Disney, “, ” Disney, Christopher Winfrey, Winfrey, Granth Vanaik, Lisa Richwine, Dhanya Ann Thoppil, Stephen Coates Organizations: Walt Disney Company, New York Stock Exchange, REUTERS, Charter Communications, Hulu, ABC, ESPN, Disney, Disney Entertainment, U.S, Spectrum TV, Thomson Locations: New York, U.S, Hulu, Los Angeles, Bengaluru

☆ Tesla releases refreshed Model 3 with longer driving range in China
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +3 min

Visitors check a Tesla Model 3 car at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. The updated version of the Model 3 was Tesla's first new or restyled car since it launched its global best-seller, the Model Y, in 2020. The new Model 3 promises a longer driving range for China, according to the company's website. Reuters first reported last November that Tesla was developing a revamped version of the Model 3 in a project codenamed "Highland". In China, the new Model 3 starts at 259,900 yuan ($35,807.78), the company's website showed on Friday.

Persons: Florence Lo, Tesla, Zhang Yan, Hyunjoo Jin, Daniel Leussink Brenda Goh, Christian Schmollinger, Kevin Krolicki Organizations: Tesla, U.S, REUTERS, Rights, EV, China Passenger Car Association, Volkswagen, Mercedes, Reuters, Thomson Locations: Beijing, China, Europe, East, Australia, Japan, Shanghai, Fremont , California, Munich

With average house prices having surged 25% during the COVID-19 pandemic, higher interest rates and higher living costs in a struggling economy have driven many to rent while they anticipate house prices will fall. All but one predicted prices would fall this year. House prices were forecast to stagnate next year, an upgrade compared to the 2.0% fall predicted three months ago. That comes after many years of close to zero and negative policy interest rates following the global financial crisis and during the pandemic. Eleven of 14 respondents said rental affordability would worsen over the coming year.

Persons: Thomas Peter, Carsten Brzeski, Brzeski, Sebastian Schnejdar, Indradip Ghosh, Anitta Sunil, Maneesh Kumar, Ross Finley, Barbara Lewis Organizations: REUTERS, Reuters, Housing, ING, European Central Bank, Analysts, Thomson Locations: Berlin, Germany, Europe's

☆ Pret a Manger was fined $1 million after an employee was trapped in a freezer for more than 2 hours and thought she was going to die
▼ + stars: | 2023-08-31 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

A Pret a Manger worker was stuck in a freezer at a London store for over two hours in just jeans and a t-shirt. The worker was "in a state of distress and believing she was going to die," Westminster City Council said. She was "in a state of distress and believing she was going to die," the Council said. The worker was then taken to hospital where she was treated for suspected hypothermia, the Council said. A spokesperson for Pret told Insider that the employee was discharged from hospital the same day.

Persons: Pret Organizations: Westminster City, Service, Pret's London Victoria Coach, Victoria Coach Station, Westminster Magistrates Locations: London, Westminster, Wall, Silicon, Pret, Victoria, France, Dubai, Hong Kong

☆ US SEC accuses Citigroup of record-keeping violations related to underwriting expenses
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +1 min

The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren/File Photo/File Photo Acquire Licensing RightsCompanies Citigroup Inc FollowAug 29 (Reuters) - The U.S. Securities and Exchange Commission on Tuesday issued a cease-and-desist order against Citigroup Global Markets Inc over accusations the company's underwriting business willfully violated record-keeping requirements. Citigroup, without admitting or denying the findings, agreed to the order and agreed to pay a $2.9 million penalty, according to an SEC statement. The SEC said that "from at least 2009 through May 2019, CGMI used an unsubstantiated and unverified method to calculate and record indirect expenses associated with its work as an underwriter." Reporting by Ismail Shakil, Dan Whitcomb and Tatiana Bautzer; Editing by Caitlin Webber and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Chris Helgren, CGMI, Ismail Shakil, Dan Whitcomb, Tatiana Bautzer, Caitlin Webber, Jonathan Oatis Organizations: Citigroup Inc, Citi, REUTERS, Citigroup, U.S . Securities, Exchange Commission, Citigroup Global Markets Inc, SEC, Thomson Locations: Toronto , Ontario, Canada

The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. The Massachusetts Supreme Judiciary Court reversed a lower-court judge's decision in favor of Robinhood in a lawsuit it filed after Massachusetts Secretary of State Bill Galvin in 2020 accused it of encouraging inexperienced investors to place risky trades. Galvin is seeking to have Robinhood's state broker-dealer license revoked. She noted that Galvin deemed the rule necessary "to protect investors confused by the increasingly blurred line between broker-dealers providing investment advice and investment advisers." "The rule that has been upheld by the Supreme Judicial Court today will give the highest protections to Massachusetts investors when brokers provide investment advice," Galvin, a Democrat, said in a statement.

Persons: Andrew Kelly, Bill Galvin, Galvin, Lucas Moskowitz, Robinhood's, Robinhood, stockbrokers, Dalila Wendlandt, Galvin permissibly, Nate Raymond, Jonathan Oatis, Alexia Garamfalvi Organizations: Inc, REUTERS, BOSTON, Court, U.S . Securities, Exchange Commission, Robinhood, Menlo, Thomson Locations: New York City, U.S, Massachusetts, Menlo Park , California, Friday's, Boston

☆ Column: US power system gets gasier, but not much cleaner, in 2023
▼ + stars: | 2023-08-23 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

Total power generation across the lower 48 states through Aug. 20, 2023 declined by 2.1% from the same period in 2022, data compiled by Refinitiv shows. All major U.S. power markets increased electricity generation from natural gas in Jan-Aug 2023 from the same period in 2022, and cut generation from coal. Output from clean power sources, including renewables and hydro, increased by 12%, despite drops in output from biomass and wind power sources, and a decline in imports from neighbouring states. Clean power sources accounted for a 57.4% share of the CAISO generation mix, up from 50.7% in January through Aug. 20 in 2022. THE NORTHWEST & THE RESTThe Pacific Northwest of the United States had the steepest decline in clean power generation of all the major power markets in the country.

Persons: Carlos Barria, Gavin Maguire, Sonali Paul Organizations: REUTERS, Electric, of Texas, Reuters, Thomson Locations: Mountain View , California, U.S, LITTLETON , Colorado, Jan, National, TEXAS, Texas, CALIFORNIA, California, United States

☆ Cryptoassets increase risk in developing economies, study says
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +3 min

The report's guidelines for regulating and supervising cryptoasset markets include bans, containment and regulation. "Given the offshore and pseudo-anonymous nature of cryptoasset markets, an outright ban might not prove enforceable," read the BIS paper. "On the contrary, policymakers would lose all sight of these markets, making these markets even less transparent and predictable. In addition, all potential innovation gains from cryptoasset markets would be lost." Keeping control on the flows between traditional financial systems and cryptomarket assets, or containment, hits similar hurdles as a ban as "controlling funds might not be feasible in practice."

Persons: Dado Ruvic, Rodrigo Campos, Nick Zieminski Organizations: REUTERS, Bank for International, BIS, European Union, Thomson

A 90% majority, 99 of 110 economists, polled Aug 14-18 say the Fed will keep the federal funds rate in the 5.25-5.50% range at its September meeting, in line with market pricing. The Fed's preferred gauge of inflation has fallen sharply from a peak of 7.0% following 11 interest rate hikes from near-zero in early 2022. As recently as June, over a three-quarters majority of economists polled said the Fed would start by end-March. Another 33 respondents, roughly 35%, forecast the Fed will go for its first rate cut in Q2, leaving 79 of 95, or 83% expecting at least one rate cut by mid-2024. That would help price pressures decline over the coming months, making the fed funds rate adjusted for inflation - the real interest rate - more restrictive if held unchanged.

Persons: Jerome Powell, Powell, Sal Guatieri, David Mericle, Goldman Sachs, Prerana Bhat, Indradip Ghosh, Pranoy Krishna, Ross Finley, Sharon Singleton Organizations: U.S . Federal, Reuters, BMO Capital Markets, Federal, Committee, Thomson Locations: BENGALURU

Aug 15 (Reuters) - Abnormal Security, an AI-powered email security startup, said it has crossed $100 million in annual recurring revenue, meeting a milestone for software companies as it eyes an eventual initial public offering, the company told Reuters. It also hired former Forescout chief executive Michael DeCesare as its president and Maya Marcus as its chief people officer. Evan Reiser, chief executive at Abnormal, said the company will continue to invest in products and get ready to be a public company as the market for initial public offerings (IPOs) improve, without specifying the timeline. Abnormal Security last raised $210 million in May 2022 at a valuation of $4 billion from investors including Insight Partners and Greylock Partners. Now more than ever, we need AI solutions to protect against AI threats," said Asheem Chandna, a partner at Abnormal investor Greylock.

Persons: Michael DeCesare, Maya Marcus, Evan Reiser, Reiser, DeCesare, Asheem Chandna, Krystal Hu, Lincoln Organizations: Reuters, Insight Partners, Greylock Partners, Microsoft, Xerox, Mattel, Thomson Locations: Europe, Japan, U.S, cybersecurity, New York

Analysts polled by Reuters had forecast inflation would rise to 3.0% from the 27-month low of 2.8% recorded in June. Money markets increased bets for a quarter-percentage-point rate hike in September. They saw a 35% probability immediately after the release of the inflation data, up from 22% beforehand, and then settled back to a 31% chance. Not all economists thought the stronger-than-expected price data would tip the scales toward a hike as soon as its next meeting in September. The Bank of Canada, after its last rate hike in July, said it would study data closely before moving again.

Persons: Carlos Osorio, Statscan, Derek Holt, Tiago Figueiredo, Jules Boudreau, Ismail Shakil, Steve Scherer, Dale Smith, Paul Simao, Jonathan Oatis Organizations: REUTERS, OTTAWA, Reuters, Statistics, Bank of, Scotiabank, Canadian, Bank of Canada, Desjardins Group, Mackenzie Investments, Thomson Locations: Toronto , Ontario, Canada, Statistics Canada, Mackenzie, Ottawa

☆ This chart shows how exposed each of our 35 stocks is to China's struggling economy
▼ + stars: | 2023-08-15 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

The chart below is meant to provide a high level view of the revenue exposure each of the 35 companies in our portfolio has to the world's second-largest economy. First, a couple caveats: Our energy exploration and production stocks Coterra Energy (CTRA) and Pioneer Natural Resources (PXD) screen as having zero revenue exposure outside of the United States. Nvidia (NVDA) is another stock where the direct revenue exposure can be misleading. That makes the 60% revenue exposure to the Asia-Pacific region more concerning, even as mainland China realized organic sales growth during the quarter. As a result, total sales, services sales and wearables, home and accessories sales all set June quarter records in Greater China.

Persons: Estee Lauder, WYNN, Estee Lauder We're, wouldn't, Jim Cramer's, Jim Cramer, Jim Organizations: Coterra Energy, Natural Resources, Nvidia, Devices, AMD, Apple, Wynn Resorts, Wynn, Macau, Starbucks, Management, Jim Cramer's Charitable, CNBC, Vcg, Visual China, Getty Locations: China, Asia, Pacific, Taiwan, Macau, United States, U.S, Japan, Greater China, India, Jiangxi Province

☆ Siemens sees weakening demand trends as Q3 misses forecasts
▼ + stars: | 2023-08-10 | by ( John Revill | ) www.reuters.com time to read: +3 min

Sven Hoppe/Pool via REUTERS/File PhotoSummaryCompanies Company lowers guidance for digital industries businessSees weakening demand in ChinaOrders decline in all regions as customer buying normalisesZURICH, Aug 10 (Reuters) - Siemens (SIEGn.DE) missed profit forecasts in its latest quarter, the German engineering company reported on Thursday, noting weakening demand in several markets including China. Siemens said it was now seeing a "normalisation of demand" after customers pre-bought last year to avoid shortages. During its third quarter, Siemens orders rose 10% to 24.24 billion euros, beating forecasts of 22.19 billion euros. Revenue rose 6% to 18.89 billion, missing forecasts for 19.27 billion euros. Net profit of 1.44 billion euros also missed forecasts.

Persons: Roland Busch, Sven Hoppe, John Revill, Christopher Cushing, Jason Neely Organizations: Siemens, ZURICH, Thomson Locations: Munich, Germany, China, Europe

☆ Siemens sees weakening demand trends as third-quarter misses forecasts
▼ + stars: | 2023-08-10 | by ( ) www.cnbc.com time to read: +1 min

Siemens missed profit forecasts in its latest quarter, the German engineering company reported on Thursday, noting weakening demand in several markets including China. Siemens said it was now seeing a "normalisation of demand" after customers pre-bought last year to avoid shortages. Orders increased by 10% during the three months to the end of June, down from the 13% increase in the previous three months. Siemens kept its group-level outlook for the year to September-end but lowered expectations for its digital industries business which supplies factories with controllers. The division, seen by analysts as the jewel in Siemens's crown, now expects comparable revenue growth of 13% to 15%, lower than its previous outlook of 17% to 20%.

Persons: Roland Busch, CNBC's Arabile, Busch, I'm Organizations: Siemens Locations: China

REUTERS/Dado Ruvic/IllustrationBENGALURU, Aug 3 (Reuters) - The U.S. dollar will hold its ground against most major currencies over the coming three months as a resilient domestic economy bolsters expectations interest rates will remain higher for longer, according to FX strategists polled by Reuters. The dollar is unlikely to give up recent gains in coming months, according to the July 31-Aug. 2 Reuters poll of 70 FX strategists, which showed most major currencies would not reclaim their recent highs for at least six months. In response to an additional question, 27 of 40 FX strategists said net short USD positions would either not change much or decrease over the coming month, suggesting the dollar would be rangebound. Typically, these conditions often coincide with a more negative dollar outlook," said Kamakshya Trivedi, head of global FX at Goldman Sachs. At this point in time I wouldn't say so," said ECB President Christine Lagarde last week after delivering a widely anticipated 25 basis points (bps) rate increase.

Persons: Dado Ruvic, Kamakshya Trivedi, Goldman Sachs, Christine Lagarde, Kit Juckes, Sterling, Indradip Ghosh, Shaloo Shrivastava, Sujith Pai, Veronica Khongwir, Vijayalakshmi Srinivasan, Jonathan Cable, Ross Finley, Alex Richardson Organizations: REUTERS, U.S, Reuters, greenback, Federal Reserve, Central Bank, Fed, ECB, Societe Generale, Bank of England, bps, Bank of, Thomson Locations: U.S, Bank of Japan

☆ Robinhood revenue rises, boosting shares
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: 1 min

The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew KellyAug 2 (Reuters) - Robinhood Markets Inc (HOOD.O) reported higher second-quarter revenue on Wednesday as interest rates continued to buoy the online brokerage’s interest income, and the firm celebrated its launch of 24-hour trading. Shares of the company, which was at the center of 2021's retail trading frenzy, were last 2% up in extended trading. Reporting by Hannah Lang in WashingtonOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrew Kelly, Hannah Lang Organizations: Inc, REUTERS, Thomson Locations: New York City, U.S, Washington

☆ Morning Bid: August cools Wall St stocks
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +4 min

China's factory underperformance stood out once again and underlined its struggling recovery - perhaps the main driver of stalling industrial activity everywhere. With markets increasingly impatient at the patchy and underwhelming economic stimulus plans seen from Beijing so far, China stocks fell back (.CSI300), bucking Tuesday's wider Asia stocks rally. Sterling and UK stocks (.FTMC) fell back. Ride-hailing giant Uber's stock rose more than 2% before the bell and ahead of its earnings report. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Mike Dolan, underperformance, Austan Goolsbee, Goolbee, Stanley Black, Decker, Zimmer Biomet, Revvity, Bernadette Baum Organizations: Federal Reserve, U.S ., Chicago Fed, Bank of England, Sterling, AMD, Caterpillar, Big Pharma, Pfizer, Merck, Ride, HSBC, BP, Uber, Prudential Financial, AIG, Starbucks, Molson Coors, Boston Properties, Caesars Entertainment, Illinois Tool, Natural Resources, Energy, Devon Energy, Gartner, Allstate, Paycom Software, Electronic, WEC, Rockwell, Public Service Enterprise, P Global, Dallas Fed, Chicago Federal, Reuters Graphics Reuters, Reuters, Thomson Locations: U.S, Wall, Beijing, China, Asia, ., Marathon, Eaton, Altria, Marriott, Illinois, Progressive

☆ China curbs exports of drone equipment amid U.S. tech tension
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

BEIJING, July 31 (Reuters) - China on Monday announced export controls on some drones and drone-related equipment, saying it wanted to safeguard "national security and interests" amid escalating tension with the United States over access to technology. The restrictions on equipment including some drone engines, lasers, communication equipment and anti-drone systems would take effect on Sept. 1, the commerce ministry said. The controls would also affect some consumer drones, and no civilian drones could be exported for military purposes, a ministry spokesperson said in a statement. China has a big drone manufacturing industry and exports to several markets including the U.S.U.S. lawmakers have said that more than 50% of drones sold in the U.S. are made by Chinese-based company DJI, and they are the most popular drone used by public safety agencies. The drone export curbs come after China announced export controls of some metals widely used in chipmaking last month, following moves by the United States to restrict China's access to key technologies, such as chipmaking equipment.

Persons: DJI, Mark Potter Organizations: Monday, Authorities, U.S . U.S, Beijing, Thomson Locations: BEIJING, China, United States, U.S, Russia, Ukraine, chipmaking

☆ KLA expects first-quarter revenue above estimates on AI boom
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +2 min

July 27 (Reuters) - Chip-making tools maker KLA Corp (KLAC.O) forecast first-quarter revenue and profit above Wall Street estimates on Thursday, boosted by higher investments in artificial intelligence (AI), sending its shares up nearly 3% after the bell. KLA makes tools for inspecting the silicon wafer discs, on which semiconductors are built, for defects. The company, forecast first-quarter adjusted profit of $5.35 per share, plus or minus 60 cents. In the quarter ended June 30, revenue came in at $2.36 bln while adjusted profit was $5.40 per share. That compared with analysts' estimate for revenue of $2.26 bln and adjusted profit of $4.85.

Persons: OpenAI's ChatGPT, Bren Higgins, Akash Sriram, Akshita Toshniwal, Tanya Jain, Max A, Arun Koyyur, Cynthia Osterman Organizations: KLA Corp, Wall, Companies, Intel, Samsung, Texas Instruments, Micron, North, Thomson Locations: China, United States, Taiwan, North America, Bengaluru, San Francisco

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