Business

China Unveils Drone Export Controls, Sanctions on Six US Firms Over Trade Restrictions

China announced drone export controls and a ban on dealings with six American entities in response to recent US trade restrictions, deepening tensions.

Typhoon Dolphin Drives Hong Kong to Hottest Day on Record as Eastern China Evacuates Millions

Hong Kong hit 36.9C, its hottest in 142 years, as Typhoon Dolphin brought extreme heat and drove mass evacuations across eastern China.

Pentagon Presses US Defense Firms to Accelerate Weapons Output Amid Depleted Stockpiles

The Pentagon is urging US defense contractors to accelerate munitions production amid depleted stockpiles and rising global security concerns.

El-Sayed and Stevens Square Off in Closely Watched Michigan Senate Primary

Michigan Democrats choose Tuesday between progressive Abdul El-Sayed and Rep. Haley Stevens in a closely watched Senate primary for Gary Peters' open seat.

China Unveils Drone Export Controls, Sanctions on Six US Firms Over Trade Restrictions

China announced drone export controls and a ban on dealings with six American entities in response to recent US trade restrictions, deepening tensions.

Max Introduces Extra Member Add-On to Curb Password Sharing

Warner Bros. Discovery has rolled out a new feature on its streaming platform Max aimed at addressing the widespread issue of password sharing. The...

U.S. Auto Industry Unites Against Proposed 25% Tariffs on Parts

Six major policy groups representing nearly the entire U.S. automotive sector have joined forces to oppose the Trump administration’s planned 25% tariffs on imported...

FDA Moves to Eliminate Artificial Food Dyes by End of 2025

The FDA has announced a plan to phase out the use of petroleum-based synthetic food dyes from the U.S. food supply by the end...

U.S. Regulators Approve Capital One’s $35.3 Billion Purchase of Discover

U.S. banking regulators have approved Capital One's $35.3 billion acquisition of Discover Financial Services, a deal that will make the combined entity the eighth-largest...

Hertz CEO Acknowledges Investor Bill Ackman’s Support as Stock Soars

Hertz CEO Gil West expressed gratitude and appreciation following remarks from billionaire investor Bill Ackman, whose investment firm, Pershing Square, recently acquired a 19.8%...

Global Firms Compete for $1 Billion District Cooling Business in Abu Dhabi

Global asset managers, including KKR and I Squared Capital, are competing to acquire a district cooling business owned by Abu Dhabi's Multiply Group, which...

COMAC Aircraft C909 Takes to Vietnam’s Skies

On Saturday, two Chinese-made COMAC aircraft, designated as C909, began flying commercial routes in Vietnam, marking a significant milestone for the Commercial Aircraft Corporation...

Trump Administration Expedited Permitting for Critical Mineral Projects

The White House has announced that it will expedite the permitting process for 10 mining projects across the United States as part of President...

Japan Considers Increasing Rice and Soybean Imports Amid U.S. Trade Talks

Japan is considering increasing its soybean and rice imports as part of trade negotiations with the U.S. over President Donald Trump's tariffs. Amid concerns...

Tesla Delays Production of Affordable Model Y, Targets 2026 Launch

Tesla's long-anticipated plans for an affordable electric vehicle have faced delays, including the production of a U.S.-made, budget-friendly version of its popular Model Y...

Impact of U.S.-China Trade War on Chinatown Businesses

In New York City's Chinatown, the escalating trade war between the U.S. and China is already affecting local businesses. The impact of President Donald...

Nvidia Responds to Congressional Investigation Over H20 Chip Exports to China

Nvidia has responded to the growing scrutiny over its H20 chip exports to China, asserting that it fully complies with U.S. government regulations on...

TSMC Denies Reports of Joint Venture Talks with Intel Amid Chip Industry Challenges

Taiwan Semiconductor Manufacturing Company (TSMC) has firmly denied reports suggesting that it is in discussions with Intel about a potential chipmaking joint venture. CEO...

House Committee Investigates 23andMe’s Bankruptcy Filing and Data Security Concerns

The House Committee on Energy and Commerce is investigating 23andMe’s decision to file for Chapter 11 bankruptcy protection, raising concerns that the company’s sensitive...

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