Huawei gets reprieve to do business with US companies

Huawei, the world's largest telecommunications company, has received a 90-day extension for its temporary general licenses, Commerce Department sources told FOX Business exclusively. The extension, which was set to expire Tuesday, allows American companies to sell to Huawei for the next 90 days. Commerce Secretary Wilbur Ross says 130 applications from companies are in the process of being reviewed to sell to Huawei without the Temporary General License.-- More...