US Supreme Court upholds law banning TikTok | Donald Trump News
The US Supreme Court has refused to rescue TikTok from a law that required the popular short-video app to be sold by its Chinese parent…
Southern California Edison faces lawsuits over LA wildfires | Business and Economy News
In one suit, multiple witnesses are cited as having seen a fire at the base of a transmission tower owned by the utility.Southern California Edison,…
Biden administration proposes new rules to tighten grip on AI chip flows | Business and Economy News
The outgoing administration of United States President Joe Biden is proposing a new framework for the export of advanced computer chips used to develop artificial…
Meta, Amazon nix diversity, inclusion programmes ahead of Trump term | Donald Trump News
Conservative groups have denounced the programmes and threatened to sue companies over them.Facebook owner Meta Platforms and Amazon are winding down diversity programmes ahead of…
US Fed officials expected slower rate cuts in 2025, say December minutes | Inflation News
Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was a ‘close call’.United States Federal Reserve…
Industry groups sue over Biden ban on medical debt in credit reports | Business and Economy News
Consumer watchdog said new rule would lead to rising credit scores and an additional 22,000 low-cost mortgages annually.Two groups representing the credit reporting and credit…
US Steel, Nippon sue Biden administration over decision to block merger | Business and Economy News
Nippon Steel and US Steel have filed a federal lawsuit in the United States challenging the Biden administration’s decision to block Nippon’s proposed $15bn acquisition…
Taiwan struggles to reconcile climate ambitions and chip manufacturing | Environment
Hsinchu, Taiwan – A crane bird flies across a silent rice paddy, the water slowly trickling in the background. It is a tranquil and stereotypical…
US consumer watchdog sues big banks over ‘widespread’ fraud on Zelle app | US Election 2024 News
The United States Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America and Wells Fargo for failing to protect…
Starbucks workers’ union goes on strike in US cities | Labour Rights News
Some members of the workers’ union representing more than 10,000 baristas at Starbucks in the United States have begun a five-day strike at stores in…
Facing government shutdown, Trump and Republican allies scuttle budget bill | Donald Trump News
With only days to spare until funds run out, President-elect Donald Trump and his allies have pressured Republicans in the United States to ditch a…
US Fed cuts interest rates but cautions for year ahead | Business and Economy News
Slower progress on inflation translates into a slower pace of rate cuts, especially as economic growth is brisk.The United States Federal Reserve has cut interest…
Bitcoin surges past $107,000 on hopes for US strategic reserve | Crypto News
Bitcoin’s record rally topped $107,000 after United States President-elect Donald Trump reiterated that he plans to create a US Bitcoin strategic reserve similar to the…
Trump, SoftBank CEO Masayoshi Son announce $100bn US investment | Donald Trump News
Son had made a similar pledge in 2016 to spend $50bn over Trump’s four-year term. It’s unclear how SoftBank will fund the new investment.President-elect Donald…
Trump will throw US clean power into question | Donald Trump News
The recent re-election of Donald Trump as the next president of the United States has dented clean energy prospects in the country. A climate sceptic,…
Two presidents, two sons, different standards of outrage | US Election 2024 News
Republicans have long accused Hunter Biden — the son of President Joe Biden — of taking a board seat on a Ukrainian gas company called…
India replaces central bank governor in a surprise move | Business and Economy News
With India’s economic growth slowing down and inflation rising, the new governor will have challenges to deal with.India has appointed career civil servant Sanjay Malhotra…
ByteDance, TikTok seek temporary halt to US crackdown law | Social Media News
The companies have asked an appeals court to temporarily block the law that would enforce a ban on the app in the United States.China-based ByteDance…
NYC ad agencies Omnicom, Interpublic to form $30bn marketing powerhouse | Business and Economy News
The advertising titans, behind campaigns like ‘Got Milk’ and ‘Priceless’, aim to create the world’s largest ad agency.Omnicom is buying Interpublic Group in a stock-for-stock…
Can Indian billionaire Gautam Adani be tried in the US for India ‘crimes’? | Crime News
It is a tumultuous time for Gautam Adani, the billionaire chairman of one of India’s biggest corporate conglomerates, the Adani Group, and one of the…