Jan 3, 2019

Other companies are feeling the heat in China's slowing market

A woman walks past a shopping mall in Shanghai. Photo: Johannes Eisele/AFP/Getty Images

While Apple grabbed headlines after the tech giant warned of a revenue miss thanks to the Chinese market, they're not the only company facing the consequences of China's economic slowdown and its ongoing trade war with the U.S., Bloomberg reports.

The big picture: From coffee suppliers to delivery giants, major corporations are struggling to sell in the world's second-largest economy. FedEx cited trade tensions between the U.S. and China as a primary culprit in pulling back its profit estimates in late December. And, despite Starbucks' rapid expansion in China, the company said long-term sales growth there could be as low as 1% — compared to 3% to 4% in the U.S.

Go deeper: Starbucks stares down a buzzy, homegrown Chinese competitor

Go deeper

Trump threatens to deploy military amid national unrest

President Trump announced from the White House Rose Garden Monday evening that he is "mobilizing all available federal resources, civilian and military" to stop violent protests across the country, decrying "professional anarchists, looters, criminals, antifa and others" whose actions have "gripped" the nation.

The backdrop: Trump's announcement came as police clashed with protesters just outside of the White House, using tear gas and rubber bullets to disperse crowds chanting, "Hands up, don't shoot," and other slogans. Flash bangs used outside the White House could be heard from the Rose Garden.

Updated 1 hour ago - Politics & Policy

Autopsies say George Floyd's death was homicide

Police watch as demonstrators block a roadway while protesting the death of George Floyd in Miami. Photo: Joe Raedle/Getty Images

Preliminary results from an independent autopsy commissioned by George Floyd's family found that his death in the custody of Minneapolis police officer Derek Chauvin was "homicide caused by asphyxia due to neck and back compression that led to a lack of blood flow to the brain," according to a statement from the family's attorney.

The latest: An updated official autopsy released by the Hennepin County medical examiner also determined that the manner of Floyd's death was "homicide," ruling it was caused by "cardiopulmonary arrest complicating law enforcement subdued, restraint, and neck compression."

The Biden-Trump split screen

Photos via Getty Images: Jim Watson/AFP (L); Yasin Ozturk/Anadolu Agency (R)

The differences between former Vice President Joe Biden and President Trump are plain as day as the two respond to recent protests.

Why it matters: Americans are seeing firsthand how each presidential nominee responds to a national crisis happening during a global pandemic.