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As consumer viewer habits shift from broadcast to streaming, competition in the online video space is heating up. Amazon, the Seattle-based e-commerce giant notoriously hungry to break into hot new markets, is quickly rising the ranks to compete with industry titans like Netflix.

As a possible trade war will affect businesses from both countries, Boeing said that while both governments have "outlined positions that could do harm to the global aerospace industry, neither has yet imposed these drastic measures", the group said in a statement.

As he was given life imprisonment, Wei, who served as deputy director of the General Administration of Quality Supervision and Inspection and Quarantine, was also deprived of the political right for life and all of his properties were confiscated, the ruling said.

As a veteran, Lai chose to start on the 90th Army Day, cycling northward to Mohe, China's northernmost county.

As for the most likely primary cause of the next recession, 62 percent of economists said the Federal Reserve raised interest rates to cool off an overheating economy. Other reasons selected by economists surveyed were a financial crisis, the bursting of an asset bubble, a fiscal crisis or disruptions to international trade.