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Fri, Oct 09, 2026 01:56 AM All times are UTC

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China Confirms Exit Ban on Wells Fargo Banker Amid Criminal Investigation

Jul 21, 2025 08:27 am UTC| Business Governance

Chinas Foreign Ministry confirmed Monday that Chenyue Mao, a managing director at Wells Fargo, is barred from leaving the country due to her involvement in an ongoing criminal investigation. Ministry spokesperson Guo...

Louis Vuitton Data Breach Exposes 419,000 Hong Kong Customers

Jul 21, 2025 08:23 am UTC| Business Governance

Louis Vuitton is under investigation by Hong Kongs privacy regulator following a major data breach that compromised the personal information of approximately 419,000 customers. The Office of the Privacy Commissioner for...

U.S. Lawmaker Slams Nvidia H20 Chip Sales to China, Citing National Security Risks

Jul 21, 2025 02:25 am UTC| Technology Business Governance

U.S. Representative John Moolenaar, chair of the House China Committee, has criticized the Commerce Departments decision to allow Nvidia (NASDAQ: NVDA) to resume sales of its H20 AI chips to China. In a letter to Commerce...

Trump Administration Reviewed SpaceX Contracts Amid Elon Musk Feud

Jul 21, 2025 02:08 am UTC| Politics Governance Business

The Trump administration quietly launched a federal review of SpaceX contracts after President Donald Trump publicly suggested severing ties with Elon Musks businesses, according to The Wall Street Journal. The review, led...

China Faces $2.5B AI Chip Supply Gap Despite Nvidia’s Return

Jul 20, 2025 11:38 am UTC| Technology Business Economy Governance

Chinas booming artificial intelligence sector is set to demand $39.5 billion worth of AI chips in 2025, yet supply is forecast to fall short at $37 billion, creating a $2.5 billion gap, according to Bernstein analysts....

ICE Expands Migrant Detention Plan with $45B Funding and Military Tent Camps

Jul 19, 2025 23:38 pm UTC| Politics Governance

U.S. Immigration and Customs Enforcement (ICE) is rapidly scaling up migrant detention operations nationwide after securing $45 billion in new federal funding, aiming to increase bed capacity from 40,000 to 100,000 by the...

Venezuela-U.S. Prisoner Exchange Frees 252 Deportees, 10 Americans

Jul 19, 2025 23:33 pm UTC| Politics Law Governance

In a rare three-nation prisoner exchange, 252 Venezuelans deported from the U.S. and held in El Salvadors CECOT prison were returned to Caracas on Friday, while Venezuela released 10 detained Americans. The agreement,...

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Economy

US, EU Push for Action Against Asia’s Excess Factory Capacity

U.S. Trade Representative Jamieson Greer said Thursday that European Union countries have reached a broad consensus on the need to address global manufacturing overcapacity, particularly in Asia, as concerns grow over its...

Wall Street Falls as Oil Prices Rise and Tech Stocks Slide

Wall Street stocks declined for a second consecutive session on Thursday as rising oil prices, Treasury market volatility, and concerns over OpenAIs revenue outlook weighed on investor sentiment. At 13:07 ET, the SP 500...

Oil Prices Trim Gains After Trump Rules Out Iran Strikes Before Midterms

Oil prices reduced earlier gains on Thursday after U.S. President Donald Trump announced that Washington would not launch military strikes against Iran before the November 3 midterm elections, easing concerns over further...

Iran Refuses to Halt Uranium Enrichment Amid US Nuclear Demands

Iran has reaffirmed its refusal to suspend uranium enrichment or surrender its uranium stockpile, escalating tensions with the United States as diplomatic efforts continue to end the ongoing conflict and reopen the Strait...

Gold Prices Rise as Hormuz Tensions Fuel Inflation Risks

Gold prices moved higher on Thursday, recovering from their lowest level since early August as renewed tensions around the Strait of Hormuz increased concerns over energy supplies and inflation. Expectations that the...

Politics

Trump Buys Up to $25M in Meta Stock, Invests in SpaceX Debt

Meta Platforms (NASDAQ: META) shares briefly climbed more than 1% after President Donald Trumps latest financial disclosure revealed a stock purchase worth up to $25 million. The shares later trimmed their gains as...

US Charges Maduro and Wife With Torture Conspiracy

US prosecutors have filed new torture conspiracy charges against former Venezuelan President Nicolas Maduro and his wife, Cilia Flores, expanding an existing drug trafficking case ahead of their scheduled trial in 2027....

Zelenskiy Criticizes US as Russian Strikes Kill 78 in Ukraine

Ukrainian President Volodymyr Zelenskiy accused the United States of failing to provide sufficient support after Russian airstrikes killed 78 people and injured 215 across Ukraine over two days, intensifying tensions over...

ICC Rules Duterte Fit to Stand Trial in Drug War Case

The International Criminal Court (ICC) has ruled that former Philippine President Rodrigo Duterte is medically fit to stand trial, clearing a major legal hurdle ahead of proceedings scheduled to begin on November 30. The...

Berlin Coalition Talks Advance After Left Party Antisemitism Deal

Germanys Left Party has agreed to new measures addressing antisemitism, clearing a major obstacle to coalition negotiations with the Social Democrats (SPD) and Greens following Berlins September 20 state election. The...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

OpenAI Annualized Revenue Hits $50 Billion, Below Earlier Estimates

OpenAIs annualized revenue reached approximately $50 billion by the end of September 2026, significantly below the $70 billion previously reported to investors, according to financial documents reviewed by the Financial...

Oracle Uses Trucked Natural Gas to Power AI Data Centers Amid Pipeline Delays

Oracle Corp. is transporting natural gas by truck to several data centers across the United States as delays in pipeline construction threaten the companys artificial intelligence infrastructure expansion plans, Bloomberg...

Apple Names Steve Smith M&A Chief in Leadership Shakeup

Apple Inc. is making significant changes to its executive leadership, appointing Steve Smith as its new head of mergers and acquisitions (MA) as the technology giant continues restructuring its management team under newly...

Anthropic Launches Claude Dashboards and Motion AI Tools

Anthropic has introduced two new artificial intelligence tools, Claude Dashboards and Claude Motion, expanding its workplace productivity offerings as competition intensifies among AI companies seeking to attract business...

US Suspends Microsoft, Adobe From Green Card Program

The U.S. government has suspended Microsoft, Adobe, and several major IT companies from a federal employment-based green card program as the Trump administration intensifies scrutiny of foreign worker hiring practices....