Science

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Engineers Found Guilty of Stealing Micron Secrets for China

A Taiwanese court ruled Friday that current and former engineers from United Microelectronics Corp. stole trade secrets from U.S. chipmaker Micron Technology Inc. and shared them with a government-backed mainland Chinese company, closing one chapter...

Demand for Southern European government debt falls as markets turn bearish

Southern European government bond yields rose on Friday as investors sold off riskier assets after market hopes for an economic recovery were quashed by fears of a second wave of COVID-19. Throughout May and the start...

Robinhood users’ favorite stocks roar back after selloff

Shares of airlines, cruise lines and other companies that have been popular with investors on the Robinhood trading app shot higher on Friday, a day after stocks suffered their worst one-day market rout in about...

Argentina Debt Swaps May Pay $1.4 Billion After Ninth Default

Investors holding debt protection for Argentina could be in line to share compensation of about $1.4 billion after the South American nation defaulted on its foreign debt for a ninth time last month. Firms holding the...

European Banks Are Set for Relief on Sovereign Bond Holdings

European banks are close to receiving capital relief on their holdings of sovereign debt as lawmakers bolster a package of measures intended to protect the industry from aftershocks of the coronavirus pandemic. The European Union’s 27...

Hertz Rally Powers Plan to Sell Potentially ‘Worthless’ Stock

Hertz Global Holdings Inc., whose stock appears destined to be wiped out when its bankruptcy case is finished, wants to sell $1 billion more of its shares, even though it readily concedes those might wind...