Tag Archives: Faces

Huawei's founder faces fight for company and family

Huawei's founder faces fight for company and familyHuawei founder Ren Zhengfei survived food shortages during China’s Cultural Revolution, but now the reclusive billionaire identified as “Individual-1″ in a US indictment faces an existential fight for his family and company. Ren, 74, founded Huawei in 1987 with just 21,000 yuan ($ 5,600) and watched it grow into a global behemoth with 180,000 employees operating in 170 countries, sales of 206 million smartphones last year, and revenue topping $ 100 billion. The accusations dealt a blow to Huawei’s image just as the famously secretive company had mounted a media blitz to salvage its reputation, with Ren leading the charge to dispute espionage concerns.



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Maduro faces backlash from Chavistas amid Venezuela upheaval: ‘My hopes are set on a change’

Maduro faces backlash from Chavistas amid Venezuela upheaval: ‘My hopes are set on a change’Venezuela is facing an atypical moment: two men claim to be the country’s president. On one side is Nicolas Maduro, the late Hugo Chavez’s handpicked successor, elected president in May 2018. A re-election that was widely derided as fraudulent, with opposition politicians barred from running and the electoral board run by Maduro loyalists.



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US faces tough choices as it weighs next moves on Venezuela

US faces tough choices as it weighs next moves on VenezuelaWASHINGTON (AP) — President Donald Trump says "all options are on the table" as the U.S. seeks to push Venezuelan President Nicolas Maduro to give up power. But the reality is much more complicated.



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Atlanta nightclub faces backlash over alleged sexual assault that was streamed on Facebook Live

Atlanta nightclub faces backlash over alleged sexual assault that was streamed on Facebook LivePolice are investigating a video which appears to show a woman being sexually assaulted on the dance floor of an Atlanta nightclub.



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British Prime Minister Theresa May faces no-confidence vote after Brexit humiliation

British Prime Minister Theresa May faces no-confidence vote after Brexit humiliationIt was the worst defeat in modern British history, triggering political chaos that could lead to a disorderly exit from the EU.



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Steve King faces increasing pressure to resign after 'white supremacy' remarks

Steve King faces increasing pressure to resign after 'white supremacy' remarksRep. Steve King’s base of support, including in his home state of Iowa, continues to erode after comments he made appearing to praise white supremacy were published in the New York Times. The latest salvo came as the Sioux City Journal, a conservative newspaper in Iowa’s Fourth District that had previously endorsed the Republican congressman, called on him to resign. “It’s hard for us to summon words that will properly convey how repugnant we view that remark,” said the paper in response to King asking, “White nationalist, white supremacist, Western civilization — how did that language become offensive?” earlier this month.



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May Loses Brexit Vote in Landslide, Faces Confidence Vote

May Loses Brexit Vote in Landslide, Faces Confidence VotePrime Minister Theresa May’s Brexit deal was rejected by Parliament in a humiliating defeat, her plan for leaving the European Union all but dead. The House of Commons voted 432- 202 against the divorce the U.K. government brokered with the European Union. The largest parliamentary loss in over a century not only prompted the main opposition Labour Party to makes its move to try force an election, it also hardened the EU’s position.



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Labour Vows Confidence Vote as May Faces Defeat: Brexit Update

Labour Vows Confidence Vote as May Faces Defeat: Brexit UpdateLawmakers are set this week to reject the Brexit deal Theresa May agreed with the European Union, plunging Britain deeper into crisis with less than 11 weeks remaining before Britain is due to leave the bloc.



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Victims with ties to Mummers killed in South Philly head-on crash; stabbed driver faces charges

Victims with ties to Mummers killed in South Philly head-on crash; stabbed driver faces chargesThe Mummers community is mourning the loss of some of its members after a driver who apparently stabbed himself crashed head-on into another vehicle.



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Steady, Not Strong as Southeast Asia Faces Growth Risks in 2019

Steady, Not Strong as Southeast Asia Faces Growth Risks in 2019The Federal Reserve is set to keep everyone on edge as it navigates an even trickier interest-rate path in 2019, while the trade war between the U.S. and China is already hurting exports in the region. The Philippines might eke out a small gain in growth in 2019, if their bets that inflation will diminish come to fruition. “Asean growth and inflation look set to soften in 2019,” said Tamara Henderson at Bloomberg Economics.



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