During the latest Taiwan crisis, China’s military was outmatched by US forces. Not now.

Three French-made Mirage 2000 fighter jets roll on a runway in front of a hangar at Hsinchu airbase on August 5, 2022. China has held its largest-ever military exercises around Taiwan despite U.S. condemnation, Japan and the European Union. Sam Yeh | AFP | fake images The last time tensions flared between Beijing and Washington … Read more

US stocks rise on strong earnings reports

By DAMIAN J. TROISE and ALEX VEIGA, AP Business Writers Wall Street stocks closed broadly higher on Wednesday as investors welcomed encouraging economic data and quarterly earnings reports from big companies including Starbucks. The S&P 500 rose 1.6% to a nearly two-month high, while the Nasdaq gained 2.6%. Both indices more than recouped losses earlier … Read more

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Netflix investors brace for subscriber losses as company focuses on solutions

Jakub Porzycki | Nurfoto | fake images Netflix reports its second-quarter earnings on Tuesday, and the lead-up feels like a buildup to a hurricane. A storm is coming. It’s probably going to be bad. Shareholders pray that the foundations are strong enough to withstand the damage. Netflix remains the world’s biggest streaming service, but the … Read more

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