Huawei profit drop quickens to 36% as costs, R&D bite

Huawei profit drop quickens to 36% as costs, R&D bite

The Huawei logo at the World Artificial Intelligence Conference in Shanghai in July 2026. Go Nakamura/Reuters China’s Huawei Technologies reported a 36% plunge in first-half net profit on Monday as soaring input costs and heavier spending on research and development outweighed revenue growth. The Shenzhen-based tech and telecoms giant said net profit for January to…

Read More
Sen. Jim Banks says Rep. Max Miller should drop his re-election bid if allegations are true

Sen. Jim Banks says Rep. Max Miller should drop his re-election bid if allegations are true

Sen. Jim Banks, R-Ind., told NBC News’ “Meet the Press” Sunday that embattled Rep. Max Miller, R-Ohio, who is facing abuse allegations, should drop his re-election bid and resign “if the allegations are true.” Miller’s ex-wife Emily Moreno, the daughter of Republican Sen. Bernie Moreno of Ohio, accused the congressman of domestic violence. Miller has…

Read More