Avie Schneider
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President Trump's move came after Beijing announced tariffs on $75 billion worth of autos and other U.S. goods. In a tweet, he also "ordered" U.S. companies to stop doing business with China.
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Under a settlement with the Federal Trade Commission, the company will pay $5 billion and its co-founder could be subject to penalties if Facebook doesn't comply with the agreement.
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Four months after its top-selling 737 Max airliner was grounded worldwide, Boeing announced a 35% drop in revenues and a loss of $2.9 billion in the second quarter.
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The credit reporting agency will pay up to $700 million in fines and monetary relief to consumers over a 2017 data breach that affected nearly 150 million people.
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The Trump administration announced Friday that it will delay tariffs on cars and auto parts imports while it negotiates trade deals with Japan and the European Union.
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Commerce Secretary Wilbur Ross announced a deal with Chinese telecommunications company ZTE — a move that may indicate progress in high-stakes trade talks between the U.S. and China.