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NEW YORK (AP) — Stocks have been slightly higher before turning mostly lower, in the early going on Wall Street as trading settles down following huge losses last week. Technology companies were among the early winners. Facebook climbed 2.6 percent and Microsoft rose 1.2 percent. Online review company Yelp rose 2.5 percent after a shareholder said it wanted to shake up the company's board.
BEIJING (AP) — China says there is no evidence to back up claims in the West that Huawei (WAH-way) and other Chinese tech companies pose a security threat. A Foreign Ministry spokesman says other countries are hyping up security threats to create obstacles for Chinese companies trying to do legitimate business. The comments come shortly before Huawei executive Meng Wanzhou (MUHNG' Wahn-JOH') was due in court in Canada for a resumption of her bail hearing. The U.S. alleges Huawei used a Hong Kong shell company to evade U.S. trade curbs on Iran and wants Meng extradited.
SAN MATEO, Calif. (AP) — Action-camera maker GoPro says it will move production of U.S.-bound cameras out of China by the summer over tariff-related concerns. Companies have been voicing concerns over a looming trade war between China and the U.S. as both countries have been threatening tariffs against one another. GoPro did not say today where production was moving or how much the move would cost.
PARIS (AP) — French President Emmanuel Macron is preparing to speak to the nation at last, after increasingly violent protests against his leadership. Macron has been meeting today with local and national political leaders, unions and business leaders to hear their concerns after four weeks of protests that started in struggling provinces and spread to rioting in the capital.
NEW YORK (AP) — The "Fearless Girl" statue that inspired millions with a message of female empowerment has a new permanent home in front of the New York Stock Exchange. The statue was removed on Nov. 27 from its spot opposite Wall Street's "Charging Bull" and unveiled at its new location today.
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