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3XSQ: U.S. Congress says no way to Huawei, ZTE

Monday, October 08, 2012 - 04:22

Oct 8 - China's top telecoms gear makers should be shut out of the U.S. market, says the U.S. House of Representatives' Intelligence Committee.

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Ahead scrutinizing US China business relationship. And addressing system in the crash test dummy field yes you heard me right. Plus the three times where this Monday from Reuters world headquarters in New York. The US government going after Chinese Telecom firms. The House Intelligence Committee saying walk away and CTE should be shut out of the US market. As they pose a security threat. The comments in -- -- to report due out Monday. The company's reject the assertions while the Chinese Government says the US government should set aside its prejudices. Corporate America also taking action Cisco Systems ending a long standing sales partnership with CT. That comes after an internal investigation into allegations that Chinese firm sold Cisco's skier to your rhyme. Apple also may have troubles with a partner in China the partner is Foxconn which manufactures its products including the iPhone 5. Foxconn denies reports that a Chinese plant crippled by a strike Friday. To claim coming from New York based group China labor watch. Last month thousands rioted at a Foxconn plant in northern China which disrupted production for about 24 hours. Should apple closed above 652 Friday and right now our debt down to about 642. Partners Wal-Mart and American Express and not having any problems with each other. The Dow components announcing a plan to offer it to debit and checking accounts. The product called bluebird will -- deposits by Smartphone as is mobile bill paying. The companies hope to attract low income customers burned by high fees on traditional bank accounts. In Europe Spain Italy continue to deal with high fees for barring money as the debt crisis continues. While many companies are cutting back to deal with reduced demand. But some firms are moving in the opposite direction Nigel Stephenson joins us from London with one such story -- -- well. Here in the US. It is indeed Lisa good money you this is a story contrast for you Italy. Has become known more for its debts in troubled economy -- fact innovation and investment. Companies like Alcoa shocking that -- aluminum smelter and comic if it does present its investment plans. However the world's leading pass them make up there that is defining the recession and opening up 52 million develop polyps in his place in Palma. The prime minister Mario Monti cutting the ribbon today for the 135. Year old company. Now this is also moved to adapt to overseas market trends the US which is there in its second biggest market. It's much more open to micro -- meals and ready made sources as well as plain -- the heightened plans to open up pilots Burleigh branded restaurants. Next -- makes. Is it to the -- going strong thanks vigil. Our power player of the day card carbo loading himself all the box office muscle he showing. It's we have Neeson who at sixty years -- crushed all weekend film competition. -- fifty million dollars paid in the US and Canada Britain taking too. The sequel to taken shattered expectations as the film of that kidnapped CIA agent garnered mostly wind. And finally this could come in handy for action flicks especially ones starring Angelina Jolie. Crash Test Dummies designed as females. With -- and twice as prone to whiplash as men as Swedish researcher is sticking her neck out I revising the crash test dummy. Shortening its arms legs and spine in making the torso lighter. The female crash test dummy showed higher acceleration and quicker motion and her male counterpart. When hit from behind since car seats down -- is much when a woman is hit. The women experience and earlier and more powerful forward rebound. No word on whether the female Crash Test Dummies get equal pay for their work. That's the latest -- Times Square this Monday you can follow us on Twitter at Reuters Insider in check out our energy to channel at Reuters dot com slash TD. I'm Lisa -- fifteenth.

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3XSQ: U.S. Congress says no way to Huawei, ZTE

Monday, October 08, 2012 - 04:22