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US technology company HP Inc has again rejected Xerox Corp's attempt to seek a forced combination of the two companies, saying its proposal "significantly undervalues HP." In a letter to Xerox, HP Chief Executive Enrique Lores and board chair Chip Bergh said on Sunday the company's board of directors has reviewed Xerox's letter dated Nov 21 that offered to buy HP for about .5 billion, and turned down the latter's bid. HP questioned the US office technology company's ability to raise cash for the purchase, saying Xerox's propose is "highly conditional and uncertain". HP said Xerox failed to give a clear answer to questions it raised in private discussions with Xerox executives in August and September.
US President Donald Trump. [Photo/VCG]
US citizens have so far made up the majority of foreign residents in Guangzhou to receive "talent green cards".
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US aerospace company Honeywell said it is in talks with Air China and Hainan Airlines about upgrading Wi-Fi services on their commercial flights in China, though the Chinese authority has not yet approved the use of such Wi-Fi in the market.
US President Donald Trump's administration said on Tuesday that the government would no longer encourage schools in the United States to use race as a factor in the admission process as the Department of Justice reversed a series of Barack Obama-era guidelines, claiming to offer equal opportunities for all students.
US oil prices, a proxy for future economic activity, briefly turned negative during the worst of the coronavirus shutdown as demand collapsed and supply exceeded storage capacity.
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US-listed Chinese companies traded lower, with all of the top 10 stocks by weight in the S&P US Listed China 50 index ending the day on a downbeat note.
US Secretary of State Rex Tillerson (L) shakes hands with Thai Prime Minister Prayuth Chan-ocha during their meeting in Bangkok, Thailand, on Aug 8, 2017. [Photo/Xinhua]
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US President Donald Trump attends a news conference in the Rose Garden at the White House in Washington, US, July 14, 2020. [Photo/Agencies]
US President Donald Trump at a Wounded Warrior Project Soldier Ride event in the White House, April 18, 2019, in Washington DC. [Photo/IC]
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