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Disney settles suit over women's pay for $43 million
Walt Disney has agreed to pay $43.3 million to settle a lawsuit alleging that its female employees in California earned $150 million less than their male counterparts over an eight-year period, the plaintiffs' lawyers said in a statement on Monday. As part of the settlement, Disney has agreed to…
Published: 2024-11-26 06:55:44
Sources: Xiaomi prepares its own mobile chip for its smartphones, to reduce reliance on Qualcomm and MediaTek, with mass production expected to begin in 2025
Published: 2024-11-26 06:55:41
How S&P 500 tends to perform during Thanksgiving week and into New Year’s Eve
Published: 2024-11-26 06:45:18
Walmart to roll back some diversity policies amid pressure from conservatives
Walmart plans to cut back some of its diversity, equity and inclusion (DEI) initiatives, a spokesperson for the retailer said on Monday, joining a growing list of firms feeling the heat from conservative groups. Bloomberg News reported that Walmart will no longer consider race and gender to boost…
Published: 2024-11-26 06:45:15
Violence breaks out in Pakistan as ex-PM Khan's supporters demand his release
ISLAMABAD -- Deadly clashes have broken out near Pakistan's capital Islamabad as supporters of jailed former Prime Minister Imran Khan descend on the city in their biggest show of force since a new military-backed government came to power earlier this year. At least one police office was killed…
Published: 2024-11-26 06:45:12
Tim Cook and other U.S. executives attend China expo, meet officials as Trump tariff threat looms
American business leaders are in China this week for meetings with officials and a high-profile supply chain expo as trade threats from a second Donald Trump presidency mount. Among them is Apple CEO Tim Cook, who will be in attendance for the second annual 'China International Supply Chain Expo,'…
Published: 2024-11-26 06:44:50
Spot bitcoin ETFs end positive streak with $438 million outflows; BTC dips to $94,500
Monday’s net outflow ended a five-day streak of net inflows that brought $3.4 billion into the spot bitcoin ETFs.
Published: 2024-11-26 06:45:10
Maybank Profit Rises on Stronger Noninterest Income
Malaysia’s largest lender by market capitalization said its third-quarter net profit rose 7.6%, supported by stronger noninterest income.
Published: 2024-11-26 06:45:14
The AI Race Is Entering a New Stage. Nvidia Won’t Be the Only Winner This Time
Published: 2024-11-26 06:34:13
Britain Putin up stronger AI defences to counter growing cyber threats
Britain Putin up stronger AI defences to counter growing cyber threats 'Be in no doubt: the UK and others in this room are watching Russia' The government of the United Kingdom on Monday announced the formation of a Laboratory for AI Security Research (LASR) to make the nation more resilient to…
Published: 2024-11-26 06:34:08
Roche to acquire US-based Poseida Therapeutics
Roche will acquire California-based biopharmafirm Poseida Therapeutics for $9 per share at closing, for a total equity value of $1 billion, the Swiss company said on Tuesday.
Published: 2024-11-26 06:33:53
Walmart becomes latest - and biggest - company to roll back its DEI policies
Walmart becomes latest - and biggest - company to roll back its DEI policies NEW YORK — Walmart, the world's largest retailer, is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations that have done the same after coming under attack by…
Published: 2024-11-26 06:34:04
Walmart rolls back DEI commitments amid conservative backlash
Diversity, equity and inclusion initiatives in U.S. workplaces are under growing scrutiny. Activist Robby Starbuck had targeted Walmart’s policies in an online campaign.
Published: 2024-11-26 06:34:10
Nissan seeks investor to replace some of Renault's equity holding, FT reports
Nissan Motor is looking for a long-term investor, such as a bank or insurance group, to help it replace some of Renault's diluted stakeholding, the Financial Times reported on Tuesday.
Published: 2024-11-26 06:23:03
Three Reasons Why Bitcoin Risks Falling Below $90K: Godbole
Bitcoin's (BTC) much-anticipated breakout above $100,000 remains out of reach, with prices retreating to $94,500 overnight. Key indicators point to further declines, potentially to levels below $90,000. The first indicator is the 25-delta risk reversal, which measures the volatility premium of…
Published: 2024-11-26 06:23:22
Czech president warns Trump of rising autocracies
In today’s edition of the Capitals, find out more about Bulgaria's Borissov vowing to bring Bulgaria into the eurozone, Italian Foreign Minister Antonio Tajani saying talks with Israel's Netanyahu are key, and so much more.
Published: 2024-11-26 06:24:56
Borissov vows to bring Bulgaria into eurozone if named PM
GERB leader and former prime minister Boyko Borissov is increasingly insistent that he will be elected prime minister of the next Bulgarian government, promising the country's accession to the eurozone, but for now, his political bid has been rejected. "If I am prime minister, we can make it to…
Published: 2024-11-26 06:24:24
Asia-Pacific mostly lower after Trump's tariff threats
Major stock indexes in the Asia-Pacific region traded mostly lower on Tuesday, diverging from Wall Street, where US benchmarks reached record highs after President-elect Donald Trump announced his cho...
Published: 2024-11-26 06:23:21
Meet the start-up working to save newborn babies and democratize pregnancy care
More than 2 million babies died in the first 20 days of their lives in 2022, equating to around 6,500 deaths a day, according to the World Health Organization. On top of that, almost 800 women a day died from "preventable causes" in pregnancy or childbirth in 2020, an "unacceptably high" figure,…
Published: 2024-11-26 06:23:03
China's stock brokerages set for windfall as trading activity soars
SHANGHAI/HONG KONG -- Brokerages have become early beneficiaries of China's stimulus rollout thanks to a surge in trading activity of mainland-listed stocks. Daily turnover of stocks listed on the Shanghai and Shenzhen exchanges hit an average of 2.1 trillion yuan ($289 billion) this month through…
Published: 2024-11-26 06:12:28
Sources: Apple held talks with local tech firms to help power Apple Intelligence in China; a CAC official says approval will be difficult without local partners
Published: 2024-11-26 06:12:24
Chinese fast fashion may be in the line of fire in a second Trump term. Here's what Trump's tariffs could mean for Shein and Temu
President-elect Donald Trump's threatened tariffs could hit Shein and Temu hard. Jakub Porzycki/NurPhoto via Getty Images Trump's second term may not bode well for Chinese fast-fashion brands in the US. The president-elect has floated the idea of tariffs of 60% or more on imports from China. Gen…
Published: 2024-11-26 06:23:11
Few Ukrainians mull leaving Poland, poll shows
Almost half of Ukrainians who arrived in Poland before the war in Ukraine began want to stay, while only 2% want to leave for another country, according to data published by the Polish Central Bank, showing the desire to stay is lower among those who arrived after the war began. As stated in the…
Published: 2024-11-26 06:24:13
E5 defense ministers meet in Berlin as Kyiv readies for third war winter
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Published: 2024-11-26 06:13:21
Experts: Merkel’s decisions contributed to multiple German, EU crises, including Ukraine war
Experts say while no EU leader tried to establish dialogue with everyone like Merkel, she contributed to Europe's long term problems.
Published: 2024-11-26 06:13:24
Google proposes fresh tweaks to search results in Europe
Google has proposed more changes to its search results in Europe after some smaller rivals complained about lower traffic to their sites resulting from previous tweaks by the Alphabet unit and as EU antitrust regulators consider levying charges against the company under new EU tech rules.
Published: 2024-11-26 06:23:33
Adani Group's troubles keep growing as financial and legal headwinds get stronger
Adina Group's troubles are only growing as financial and legal headwinds get stronger
Published: 2024-11-26 06:12:24
Portuguese PM says no resignations over ambulance strike deaths
Portugal's Prime Minister Luís Montenegro said on Monday that political responsibility - if found - must be taken for the deaths caused by the national ambulance service as a result of an ongoing strike and that it could even implicate him or other ministers, although not their jobs. Montenegro…
Published: 2024-11-26 06:12:53
Antitrust watchdog raids Amazon Japan over alleged price-fixing
The investigation is focused on potential breaches of antitrust laws, including abuse of a superior bargaining position and restrictive trading practices.
Published: 2024-11-26 06:12:17
JTB shifts from travel agent to change agent for destinations
TOKYO -- Japanese travel agency JTB is segueing into a future in which it will rely less on tourists for revenue and more on the destinations working to attract them. "We are hoping to become a business that creates opportunities for interaction," said President and CEO Eijiro Yamakita in an…
Published: 2024-11-26 06:01:47
Couple charged in ring suspected of stealing $1 million in Lululemon clothes
Couple charged in ring suspected of stealing $1 million in Lululemon clothes MINNEAPOLIS (AP) — A Connecticut couple has been charged in Minnesota with being part of a shoplifting ring suspected of stealing around $1 million in goods across the country from the upscale athletic wear retailer…
Published: 2024-11-26 06:01:47
A government source says Japan's FTC raided Amazon Japan on November 26 suspecting it's inappropriately urging its sellers to lower their prices on its platform
Published: 2024-11-26 06:01:42
Industrial policy also means ‘letting losers go,’ EU development bank says
The industrial transition towards climate neutrality “cannot be painless," EBRD chief economist Beata Javorcik told Euractiv.
Published: 2024-11-26 06:13:16
British firms are being forced into ‘damage control’ mode as tax hikes leave CEOs questioning whether to invest in UK, industry chief warns
Too many businesses are having to compromise on their plans for growth," CBI chief Rain Newton-Smith said. Read More
Published: 2024-11-26 06:12:12
Formula 1 teams up with Lego to assemble a younger fanbase for the thriving motorsport
The deal comes as F1's popularity has skyrocketed in recent years, thanks to the hit Netflix series “Drive to Survive,” which has spawned a new following. Read More
Published: 2024-11-26 06:12:59
Sánchez reshuffles Spanish government as Ribera heads off to Brussels
Spanish Prime Minister Pedro Sánchez announced Sara Aagesan as secretary of state for energy to replace former Ecological Transition Minister Teresa Ribera, who will now become a vice-president in Ursula von der Leyen's second Commission. Aagesen will join the progressive executive with a large…
Published: 2024-11-26 06:02:14
Călin Georgescu, the far-right outsider who could be Romania’s new president
Călin Georgescu is challenging Romania's pro-Ukraine position, emphasising engaging with, rather than challenging, Russia.
Published: 2024-11-26 06:02:05
Italy’s M5S denies formation of new group with Wagenknecht BSW
Sources in the 5-Star Movement's (M5S) delegation to the European Parliament, speaking to Euractiv, have denied recent reports that the party is in talks with Sahra Wagenknecht's BSW to form a new parliamentary group. The speculation was reignited by Sahra Wagenknecht's attendance at the M5S (The…
Published: 2024-11-26 06:01:53
Citigroup slashes promotions as it seeks to overhaul bank, FT reports
Citigroup is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term restructuring to shrink headcount, the Financial Times reported on Tuesday.
Published: 2024-11-26 06:01:37
Plans revealed for future of Michigan’s tallest building, the GM Ren Cen
If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our User Agreement and agree that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and social media…
Published: 2024-11-26 05:50:36
Italian FM says talks with Netanyahu key to Middle East peace despite ICC warrant
Tajani said he hoped the G7 would reach a unified decision on the arrest warrant.
Published: 2024-11-26 06:01:38
Zoom abandons its video-based identity, rebranding as an AI-first company
Zoom is doubling down on its AI strategy. Silas Stein/picture alliance via Getty Images Zoom Video Communications Inc. is dropping video from its name in an AI-first rebranding effort. The company, best known for its videoconferencing, will now be known as "Zoom Communications Inc." Zoom isn't the…
Published: 2024-11-26 06:01:27
What Merkel revealed about her European legacy ahead of her memoir launch
Upfront interviews and extracts from the former chancellor’s memoir suggest that she is out to defend her controversial record
Published: 2024-11-26 05:50:19
Morning Bid: Trump's tariff post sends markets scrambling
A look at the day ahead in European and global markets from Kevin Buckland
Published: 2024-11-26 05:39:31
Japan's PM calls on businesses to back wage hikes
Japan's Prime Minister Shigeru Ishiba (pictured) called on businesses to cooperate in achieving significant wage growth during next year's labor-management talks. He emphasized the importance...
Published: 2024-11-26 05:39:53
Indonesia tells Apple $100 million investment isn't enough to lift iPhone 16 sale ban
Wants Cook to look under the couch again and find at least another $15 million Indonesia's Ministry of Industry has snubbed Apple's proposal to invest 1.6 trillion Rupiah ($100 million) in an iPhone accessory and component factory, saying it's not enough to justify lifting a ban on sales of the…
Published: 2024-11-26 05:39:35
Russia advances in Ukraine at fastest pace since start of war, analysts say
The Institute for the Study of War report and pro-Russian military bloggers say Russian troops are in Kurakhove, which represents a stepping stone towards the logistical hub of Pokrovsk in Donetsk.
Published: 2024-11-26 05:39:27
My Conversation with Russ Roberts on Vasily Grossman’s *Life and Fate*
Here is the audio, video, and transcript. Russ and I agreed to read the book in its entirety and then discuss it. Here is part of the episode summary: Russ and Tyler cover Grossman’s life and the historical context of Life and Fate, its themes of war, totalitarianism, freedom, and fate, the…
Published: 2024-11-26 05:39:37
Trump vows new Canada, Mexico, China tariffs that threaten global trade
Economists say that Donald Trump's overall tariff plans, likely his most consequential economic policy, would push US import duty rates back up to 1930s-era levels.
Published: 2024-11-26 05:18:31
Newsom spars with Trump over EV tax credits
While some leaders work to get on the good side of the incoming administration, California Gov. Gavin Newsom is happy to play the villain. Yesterday, he pledged to restore the state’s electric vehicle rebate program if the Trump administration kills the federal EV tax credit, reigniting a squabble…
Published: 2024-11-26 05:06:57
NYT 'Connections' November 26: Hints and Answers for Game #534
Newsweek is back with more handy hints and useful tips to help you solve today's "Connections" word puzzle.
Published: 2024-11-26 05:06:39
'Wordle' Today #1,256 Answer, Hints, Clues for Tuesday, November 26 Game
Wordle is a fun but sometimes challenging daily word game that has players around the world hooked. It was first released in October 2021 by Josh Wardle, who had originally invented the game for his girlfriend to play. But once he decided to set it live, Wordle became an instant hit, going from a…
Published: 2024-11-26 05:07:08
SpaceX has a scrappy competitor
SpaceX is no longer the sole option for cheaply sending cargo into space on reusable rockets: In a historic first, upstart rival Rocket Lab launched two rockets into orbit within 24 hours from two different hemispheres this weekend. Rocket Lab’s stock—up 335% since the start of the year—rose…
Published: 2024-11-26 05:07:08
The Fed Has Cut Rates Twice. Its Minutes Could Show If a Pause Is Ahead
Published: 2024-11-26 05:06:43
Macy’s says one employee hid up to $154 million
Whatever work mistake you’ve recently made, remind your boss that it could’ve been worse. Macy’s was forced to delay reporting its full third-quarter earnings today after discovering that one worker covered up $132 million to $154 million in delivery expenses over three years, the department store…
Published: 2024-11-26 05:06:51
Greens split on new Commission vote, ‘small majority’ to back it
Donec et orci aliquet nisl suscipit molestie sed sit amet tortor. Duis vel urna ac mi sollicitudin lacinia mollis sit amet lorem. Sed finibus erat nec libero scelerisque fringilla. Morbi at orci sed urna vulputate vulputate. Nulla facilisi. Donec et orci aliquet nisl suscipit molestie sed sit amet…
Published: 2024-11-26 06:24:02
Draghi report, competitiveness and EU corporate reporting requirements facing backlash
The concerns echo key findings of the Draghi report, which highlighted the EU's struggles with productivity and global competition.
Published: 2024-11-26 05:07:33
China’s Police Are Preying on Small Firms in Search of Cash
With localities facing budget holes, the police are crossing provincial borders to collect fines and draining company treasuries. Businesses call it a shakedown.
Published: 2024-11-26 05:07:05
Margrethe Vestager, the World’s Top Tech Cop, Is Making Her Exit
Margrethe Vestager, the European Union’s antitrust regulator, who put technology’s harms on the global agenda, reflected on a decade of taking on the biggest companies and what comes next.
Published: 2024-11-26 05:07:05
How UniCredit went from foreign predator to domestic consolidator
Two months ago Andrea Orcel swooped on Germany’s Commerzbank. Now the dealmaker is bidding for Banco BPM
Published: 2024-11-26 05:18:01
Apple faces ‘difficult’ process to launch its own AI in China
Official at top tech regulator says path to approval easier if iPhone maker finds local partners
Published: 2024-11-26 05:18:06
Mistral expands in Silicon Valley to compete with US rivals for AI staff
Paris-based group considers moving co-founder to growing Bay Area office as it hires scientists, engineers and sales specialists
Published: 2024-11-26 05:18:21
Citigroup slashes promotions as it seeks to overhaul bank
As few as 2,000 employees could receive pay and title bumps in the next month, down from about 8,000 in previous rounds
Published: 2024-11-26 05:18:02
Why the public doesn’t buy the idea of a ‘green jobs’ bonanza
People understand that transitions are hard — politicians need to as well
Published: 2024-11-26 05:18:07
Freedom by Angela Merkel — a paean to a bygone halcyon age
The former German chancellor’s remarkable story is undermined by a failure to admit mistakes — though she does not pull her punches on Putin and Trump
Published: 2024-11-26 05:18:12
How Shanghai’s ambition of being the ‘future of finance’ fell apart
The city was meant to be China’s answer to New York. But trade tensions and changing domestic priorities have taken a toll
Published: 2024-11-26 05:18:15
Brussels raises stink over Dutch manure protectionism
Netherlands challenged over plan to restrict use of biogas not made from domestic dung
Published: 2024-11-26 06:01:44
Flows jump after mutual fund-to-ETF conversions, BofA study shows
Increasing numbers of US managers are making the move offering investors multiple advantages
Published: 2024-11-26 06:01:27
Wall Street banks back UK stocks to outshine Europe under Trump tariffs
Analysts point to lack of manufacturers that could be hit and high weighting in banks and oil stocks
Published: 2024-11-26 06:01:36
Resolving the Plastics Crisis Requires a New Financing Mechanism
Despite all its damage to the climate, to human and marine health, and the sheer waste plastic creates, production is forecast to double or triple by 2050
Published: 2024-11-26 05:07:08
Canada says it's 'essential' to US energy supply after Trump vows tariffs
Canada is "essential to US domestic energy supply," a government statement stressed after United States President-elect Donald Trump vowed huge hikes in tariffs on goods coming from Mexico, ...
Published: 2024-11-26 05:07:10
Canada says it's 'essential' to US energy supply after Trump's tariff vow
Canada is "essential to US domestic energy supply," the country's government stressed after United States President-elect Donald Trump vowed huge hikes in tariffs on goods coming from Me...
Published: 2024-11-26 05:28:54
Movement developers plan token generation event on Ethereum ahead of mainnet launch
Movement has introduced its native MOVE token, which will play a key role in its ecosystem, with a supply of 10 billion tokens.
Published: 2024-11-26 05:07:05
Lebanese sources: Biden, Macron set to announce Israel-Hezbollah truce
US State Department spokesperson Matthew Miller said gaps between the two parties have narrowed significantly but there are still steps they need to take to reach an agreement.
Published: 2024-11-26 05:06:59
Starbucks forced to pay its baristas manually because of a ransomware attack on third-party software
A ransomware attack has disrupted a third-party software system that Starbucks uses to track and manage its baristas’ schedules, forcing the coffee chain to shift to manual mode to ensure its employees get paid properly, a Starbucks spokesperson said Monday. Starbucks’ store leadership have…
Published: 2024-11-26 04:56:14
Adani Green Energy says no new financial commitment under discussion with TotalEnergies
Adani Green Energy said on Tuesday there is no new financial commitment under discussion with TotalEnergies , a day after the French oil major said it was pausing new investments into the Adani Group.
Published: 2024-11-26 04:56:13
Bitcoin Slides Near $94K, But Short-Term Bullish Target of $100K BTC Unchanged
led crypto market correction continued into its third day as the asset lost a further 3.5% in the past 24 hours, nearing $94,000 a week after it came within touching distance of the landmark $100,000 level for the first time. BTC has pared weekly gains from over 10% to just 3% amid profit-taking…
Published: 2024-11-26 04:55:59
Tish Cyrus-Purcell says her divorce from Billy Ray Cyrus was 'tough on everyone' — even her adult kids
Tish Cyrus-Purcell says her divorce from Billy Ray Cyrus was difficult even for her adult kids. Axelle/Bauer-Griffin/FilmMagic Tish Cyrus-Purcell says her divorce from Billy Ray Cyrus was difficult even for her kids, who are now adults. "For me, I never wanted to be divorced," Cyrus-Purcell said…
Published: 2024-11-26 04:56:16
Paul Mescal says he's unhappy with his algorithm and has to 'quit the internet'
Paul Mescal plays Lucius in "Gladiator II" and said he should 'quit the internet.' Phillip Faraone/Getty Images for Paramount Pictures Paul Mescal said that he has to "quit the internet." In the latest episode of "Happy Sad Confused," Mescal said his algorithm has "too much" of him. Mescal rose to…
Published: 2024-11-26 04:56:12
Winter Storm Warning Issued in 6 States Ahead of Arctic Blast
Heavy snowfall is expected in large parts of the country this week, with at least six winter storm warnings issued.
Published: 2024-11-26 04:45:07
Dollar rises after Donald Trump vows to impose new tariffs
Chinese equities rose as levies appeared to be smaller than expected
Published: 2024-11-26 04:56:09
Walmart, the nation's largest private employer, rolls back DEI under pressure
Walmart, the nation’s largest private employer, is the latest company to make changes to its diversity, equity and inclusion initiatives under pressure from a conservative activist. The retail giant said it would not renew a racial equity center it created following the 2020 murder of George Floyd…
Published: 2024-11-26 04:34:36
Factbox-Companies that might be affected by Trump's promised tariffs
President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars. Here are companies with a manufacturing presence in Mexico. ASIAN…
Published: 2024-11-26 04:34:10
Google, Meta urge Australia to delay bill on social media ban for children
Prime Minister Anthony Albanese's center-left government wants to pass the bill into law by the end of the parliamentary year on Thursday.
Published: 2024-11-26 04:34:38
Tearing Leviathan Apart
Tearing Leviathan Apart Authored by Ned Ryun and Mark Corallo via American Greatness, The time has come to end the Administrative State once and for all. This failed experiment launched a century ago by Progressive Statists like Woodrow Wilson and Theodore Roosevelt is a deeply unconstitutional…
Published: 2024-11-26 05:28:41
Japan’s SBI follows Nomura in disclosing Adani funds exposure
The moves underscore how U.S. federal prosecutors’ indictment of Indian billionaire Gautam Adani over an alleged bribery plot has sent ripples across the globe.
Published: 2024-11-26 04:34:19
Japan competition authorities raid Amazon Japan, source says
Japan's Fair Trade Commission on Tuesday conducted an on-site inspection of Amazon Japan on suspicion of violating anti-monopoly laws, a government source said. The unit of Amazon.com is suspected of inappropriately urging sellers to lower their prices on its e-commerce site in exchange for giving…
Published: 2024-11-26 04:23:25
Walmart rolls back DEI programs after right-wing backlash
Walmart, the largest private employer in the United States, will curb some diversity, equity and inclusion (DEI) efforts. It’s the latest company to backtrack on diversity initiatives in the face of right-wing pressure. The company said Monday it is ending racial equity training programs for staff…
Published: 2024-11-26 04:23:19
Russia says it's thinking of putting missiles in Asia if the US keeps deploying the weapons systems that anger China
A Russian foreign deputy minister said Moscow is keeping open the option of deploying missiles in Asia if the US starts putting weapons in the Indo-Pacific. Sefa Karacan/Anadolu Agency/Getty Images Russia is considering deploying missiles in Asia if the US stations more systems there, a top…
Published: 2024-11-26 04:23:22
China’s tech giants deliver chips for Ethernet variant tuned to HPC and AI workloads
China’s tech giants deliver chips for Ethernet variant tuned to HPC and AI workloads 'Global Scheduling Ethernet' looks a lot like tech the Ultra Ethernet Consortium is also working on Chinese tech giants last week announced the debut of chips to power a technology called "Global Scheduling…
Published: 2024-11-26 04:23:27
Rivian snags $6.6B conditional federal loan to build Georgia factory
Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a massive factory in Georgia. The funds will come from DOE’s Loan Programs Office Advanced Technology Vehicle Manufacturing…
Published: 2024-11-26 04:23:31
A list of companies that have backed down on DEI, including Walmart, Ford, and Harley-Davidson
Walmart is pulling back its DEI programs amid backlash from a conservative activist. Robby Starbuck has led social media campaigns against companies for their DEI practices. Other companies that withdrew or toned down their DEI initiatives include Lowe's and Ford. Walmart is the latest company to…
Published: 2024-11-26 04:12:33
UBS says foreign carmakers are at risk of losing up to US$20 billion a year in China
UBS says foreign carmakers are at risk of losing up to US$20 billion a year in China ‘We think foreign automakers need to re-evaluate and adjust their strategies’ in China, bank says Paul Gong, the head of China automotive research at UBS, said diminished demand for foreign brands will lead to an…
Published: 2024-11-26 04:12:53
Phantom wallet adds support for Base in multi-chain push
Crypto wallet Phantom has rolled out support for Base, the Ethereum-based Layer 2 blockchain developed by Coinbase.
Published: 2024-11-26 04:12:41
Rivian gets $6.6 bln conditional loan approval to build Georgia EV plant
Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker's production facility in Georgia.
Published: 2024-11-26 04:12:39
Japan raids Amazon Japan HQ
Japanese authorities have raided Amazon.com, Inc.'s subsidiary's headquarters in Tokyo, suspecting the company of violating antitrust laws, NHK and Nikkei Asia reported. The raid, conducted b...
Published: 2024-11-26 04:12:52
Japanese authorities raid Amazon Japan HQ
Japanese authorities have raided Amazon.com, Inc.'s subsidiary's headquarters in Tokyo, suspecting the company of violating antitrust laws, NHK and Nikkei Asia reported.The raid, conducted by law enfo...
Published: 2024-11-26 06:44:59
Rivian gets $6.6 billion conditional loan approval to build Georgia EV plant
In This Article: By Abhirup Roy SAN FRANCISCO (Reuters) - Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker's production facility in Georgia. Operation of the Georgia plant, where…
Published: 2024-11-26 04:56:04
Trump's tariff pledge spells trouble for auto and tech companies
President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.
Published: 2024-11-26 04:12:34
Qualcomm’s interest in buying rival Intel is reportedly fading
Semiconductor maker Qualcomm Inc.’s interest in acquiring rival Intel Corp. is souring, Bloomberg News reported Monday night.
Published: 2024-11-26 04:23:26
As Nvidia Maintains Chip Supremacy, Jim Cramer Says Foes Of Semiconductor Giant 'Aren't Really Enemies'
NVIDIA Corp. NVDA continues solidifying its dominance in the artificial intelligence semiconductor market, with CNBC’s Jim Cramer emphatically saying that no company can successfully challenge the tech giant’s technological supremacy. What Happened: Cramer, host of “Mad Money,” underscored…
Published: 2024-11-26 04:02:16
Zoom Video Communications (ZM) Q3 2025 Earnings Call Transcript
Image source: The Motley Fool. Zoom Video Communications (NASDAQ: ZM) Q3 2025 Earnings Call Nov 25, 2024, 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Kelcey McKinley -- Event Consultant Hello, everyone, and welcome to Zoom's Q3 FY '25 earnings…
Published: 2024-11-26 04:01:57
Supreme Court wants US input on whether ISPs should be liable for users’ piracy
The Supreme Court signaled it may take up a case that could determine whether Internet service providers must terminate users who are accused of copyright infringement. In an order issued today, the court invited the Department of Justice's solicitor general to file a brief "expressing the views…
Published: 2024-11-26 04:01:54
GOLDEN CROWN HAI PHONG - A NEW DESTINATION FOR ASIA'S ULTRA-WEALTHY
Epitomizing the pinnacle of luxury living, "Vertical Living" has become a global emblem for the ultra-wealthy—a lifestyle where every need is instantly met, and every privilege is seamlessly integrated into an elite, high-rise space. Now, right here in Vietnam, it is not the glamorous capital but…
Published: 2024-11-26 04:02:07
EV Projects to Get $13 Billion in Federal Loans
Rivian will receive a $6 billion federal loan to help build a factory near Atlanta, where the company will produce midsize sport utility vehicles. The company has been making large S.U.V.s and other vehicles at a plant in Illinois.
Published: 2024-11-26 04:12:43
To Cut, Or Not To Cut?
To Cut, Or Not To Cut? Health organizations are currently divided on whether male circumcision is beneficial or not. Some research suggests it can lower the rates of urinary tract infections and improve overall penile health, but the procedure can also lead to infection and can be seen as…
Published: 2024-11-26 04:02:02
Europe Can't Make Ukraine Enough Weapons---So It's Paying Kyiv to Do It
The “Danish Model” of funding arms production cuts costs, delays and corruption, according to supporters of the approach.
Published: 2024-11-26 04:12:45
Google arguments draw skepticism from judge in ad tech case
A federal judge threw cold water on one of Alphabet’s key arguments in a Department of Justice lawsuit over allegations that Google monopolized advertising technology. During closing arguments in the lawsuit against the tech giant, U.S. District Judge Leonie Brinkema said that she disagreed with…
Published: 2024-11-26 04:02:03
Kohl’s is bringing aboard a new, digitally-focused CEO. Its shares are falling
Published: 2024-11-26 03:51:08
Trump's latest tariff proposal rips through Asian stock markets
TOKYO -- U.S. President-elect Donald Trump's latest proposal to impose a 25% tariff on all products from Mexico and Canada and an additional 10% tariff on goods from China caused stock market jitters in Asia. In Japan, the benchmark Nikkei Stock Average fell to 38,020.08 at one point on Tuesday,…
Published: 2024-11-26 03:51:07
Stock market today: Asian shares mostly fall on worries about Trump's tariffs
Asian shares mostly declined on Tuesday as worries spread over President-elect Donald Trump's comment that he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Japan's benchmark Nikkei 225 dropped 1.2% to 38,305.20 and Australia's S&P/ASX 200 lost 0.4% to…
Published: 2024-11-26 03:51:02
Walmart pulls back on DEI efforts, removes some LBGTQ merchandise from website
Walmart on Monday confirmed that it's ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities. The nation's largest employer, which has about 1.6 million U.S. workers, joined a growing list…
Published: 2024-11-26 03:51:00
Europe’s needs competitive capital market to insure against climate change, says Generali’s Sesana [Advocacy Lab Content]
Generali Group General Manager Marco Sesana spoke with Euractiv’s Jennifer Baker about mitigating risk in an increasingly turbulent world, investing €16 billion in green, social and sustainable bonds, and long-term investments to help a sustainable and competitive European transition.
Published: 2024-11-26 03:50:57
Zoom fails to impress investors with sales forecast for expanded lineup
While Zoom’s outlook met estimates, the stock had gained about 48% since the company’s last earnings report in August on optimism about the new products.
Published: 2024-11-26 03:51:10
Small Japanese rocket engine explodes during a test but no injuries are reported
A Japanese small rocket engine has reportedly burst into flames during a test.
Published: 2024-11-26 04:23:44
UBS on track to fully own China securities joint venture
One of UBS's joint venture partners in China will sell its entire holding in a securities company, paving the way for the Swiss bank to fully own a sizeable securities brokerage in the world's second-largest economy.
Published: 2024-11-26 03:50:59
Russian Su-25's destroy Ukrainian army stronghold in Kursk border area
Russian Su-25 attack aircraft destroyed a Ukrainian stronghold in the border area of the Kursk region according to a report by TASS."The crews of attack aircraft on Su-25 aircraft launched missile air...
Published: 2024-11-26 03:50:59
Russian Su-25's destroy Ukrainian army stronghold in Kursk
Russian Su-25 attack aircraft destroyed a Ukrainian stronghold in the border area of the Kursk region, according to a report by TASS. "The crews of attack aircraft on Su-25 aircraft launched mis...
Published: 2024-11-26 05:39:28
China advances economic security with plan to revive modern Silk Road
KHORGOS, China -- Has China's Belt and Road Initiative failed or succeeded? Right now, those who see it on the failure side likely outnumber those who see the project in a more positive light. The large-scale infrastructure projects increasingly are seen as potential debt traps, reinforcing the…
Published: 2024-11-26 03:40:20
Stock market today: Asian shares mostly fall on worries about Trump’s tariffs
Asian shares have mostly declined as worries spread over President-elect Donald Trump's comment that he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office.
Published: 2024-11-26 04:23:25
US charges against Gautam Adani put loyal Jefferies on the spot
New York-based bank was vocal champion of Indian group whose billionaire head is accused of bribery scheme
Published: 2024-11-26 03:51:13
Walmart becomes latest – and biggest – company to roll back its DEI policies
NEW YORK — Walmart, the world’s largest retailer, is rolling back its diversity, equity and inclusion policies, joining a list of major corporations that have been under pressure by conservative activists. The company confirmed on Monday to The Associated Press that it will better monitor its…
Published: 2024-11-26 03:40:13
Utah Culls More Than 100,000 Turkeys After Detecting Bird Flu
Utah Culls More Than 100,000 Turkeys After Detecting Bird Flu Authored by Naveen Athrappully via The Epoch Times, Utah culled a large number of turkeys recently after confirming the presence of the highly pathogenic avian influenza (HPAI) and is taking action to prevent the infection from…
Published: 2024-11-26 03:40:12
Asia stocks fall after Trump threatens tariffs, Japan's Nikkei lead losses
Published: 2024-11-26 04:34:21
Asia stocks fall after Trump threatens tariffs, Japan's Nikkei leads losses
Investing.com-- Most Asian stocks declined on Tuesday after U.S. President-elect Donald Trump threatened to impose additional trade tariffs on China and other countries, ramping up fears of a renewed trade war. Trump said on his Truth Social network that he would impose an additional 10% tariff on…
Published: 2024-11-26 05:50:24
Sources: Qualcomm's interest in an Intel acquisition has cooled; CEO Cristiano Amon says “right now, at this time, we have not identified any large acquisition”
Published: 2024-11-26 03:29:41
Disney To Pay Out $43M In Pay Equity Class Action Deal; Mouse House To Bring Outside Consultants On Board To Check Practices
We now know how much Disney is writing a check for to end the pay equity class-action suit that has loomed over the company for the past five years. Set to address the up to 14,000 eligible class members of female Disney employees past and present from 2015 to today, the Bob Iger-run fun palace…
Published: 2024-11-26 03:29:26
S&P 500 positioning levels at record highs, pullback risks rise, Citi warns
Investing.com-- Positioning in the S&P 500 surged back to record highs in recent weeks on improved risk appetite, Citi analysts said in a recent note, although stretched bullish positions made stocks vulnerable to a turn in sentiment. Citi said positioning for the S&P 500 was solely one-sided,…
Published: 2024-11-26 03:51:05
Nancy Mace's Pro-Transgender Comments Resurface: 'Be Who You Want to Be'
South Carolina U.S. Representative Nancy Mace told CBS News last year that she was "pro-transgender rights" and "pro-LGBTQ."
Published: 2024-11-26 03:29:12
California proposes its own EV buyer credit — which could cut out Elon Musk's Tesla
Gov. Gavin Newsom plans to revive California's EV rebate if Trump ends the federal tax credit. - But Tesla, the largest maker of EVs, would be excluded under the proposal. - Elon Musk criticized Tesla's potential exclusion from the rebate. California Gov. Gavin Newsom is preparing to step in if…
Published: 2024-11-26 03:18:41
China advances economic security with plot to revive modern Silk Road
KHORGOS, China -- Has China's Belt and Road Initiative failed or succeeded? Right now, those who see it on the failure side likely outnumber those who see the project in a more positive light. The large-scale infrastructure projects increasingly are seen as potential debt traps, reinforcing the…
Published: 2024-11-26 03:18:34
Where Child Marriage Is Still Common
Where Child Marriage Is Still Common An often overlooked form of violence against women is child marriage, which is considered a fundamental violation of human rights. As Statista' Felx Richter reports, the right to ‘free and full’ consent to marriage is recognized in the Universal Declaration…
Published: 2024-11-26 03:18:27
How China is dominating Asia's green transition
Welcome to the Tech Latest podcast. Hosted by our tech coverage veterans, Katey Creel and Akito Tanaka, every Tuesday we will deliver the hottest trends and news from the sector. In this episode, Akito speaks with Taipei tech correspondent Lauly Li about China's rise as a solar power king and how…
Published: 2024-11-26 03:07:21
Trump taps James Braid as legislative affairs director
United States President-elect Donald Trump has announced three appointments to lead different White House offices, including James Braid, who will be the next director of the Office of Legislative Aff...
Published: 2024-11-26 03:18:23
‘A serious mistake’: Schiff blasts Department of Justice over dismissal of Trump charges
Congressman Adam Schiff breaks down the mistakes made by the Department of Justice that led to Trump's charges being dismissed in his federal elections case.
Published: 2024-11-26 03:51:14
The messy affair of divorcing Russian gas and bridging EU’s energy price gap [Advocacy Lab Content]
Power in Europe costs twice as much as in the US in 2023. With Trump 2.0 already prepping LNG exports, will Europe lose its motivation for energy efficiency?
Published: 2024-11-26 03:07:35
Video of a robot leading a mass escape stokes laughs and fears over AI in China
A video of a robot inciting other robots to flee an exhibition hall has gone viral in China, but the reality is less scary than it looks.
Published: 2024-11-26 03:07:12
Kill Oracle's 'JavaScript' trademark, Deno asks USPTO
Kill Oracle's 'JavaScript' trademark, Deno asks USPTO Petition claims database titan maintained its mark by making a fraudulent claim Deno Land, maker of the Deno runtime for JavaScript, TypeScript, and WebAssembly, has filed a petition with the US Patent and Trademark Office (USPTO) to cancel…
Published: 2024-11-26 03:07:28
Crypto firm Prometheum gained an edge under Gary Gensler’s SEC. Suddenly its future appears less certain
For years, the crypto industry has complained about the Securities and Exchange Commission's hardline stance, and its refusal to develop rules that account for blockchain's distinct technology. One firm, though, claimed the SEC's current crypto rules are just fine. This stance has paid off as the…
Published: 2024-11-26 02:56:40
Trump’s Bessent pick for Treasury boosts hopes for year-end stock-market rally
Published: 2024-11-26 02:56:25
Walmart rolls back DEI policies, says it’s ‘willing to change’ after activist’s anti-woke campaign
Walmart rolls back DEI policies, says it’s ‘willing to change’ after activist’s anti-woke campaign By Daniella Genovese, Fox Business Published Nov. 25, 2024, 7:14 p.m. ET Walmart is making a slate of changes to its diversity, equity and inclusion (DEI) policies, becoming the latest in a growing…
Published: 2024-11-26 02:56:19
Thai government roiled by opposition to Cambodia joint gas projects
BANGKOK -- Thai conservatives are putting pressure on the government to end negotiations with Cambodia on joint development projects in resource-rich undemarcated sea areas, warning of a possible loss of territory. Protesters likened the talks to treason as they demonstrated in front of Prime…
Published: 2024-11-26 02:56:18
Gold plunges 3% as Trump Treasury pick and potential Israel-Hezbollah truce fuel risk-on mood
Gold prices lost about 3% after President-elect Donald Trump picked Scott Bessent as his Treasury secretary, with reports of Israel and Hezbollah nearing a ceasefire deal also eroding the safe-haven metal's appeal. Spot prices of the yellow metal dropped 3.44% to $2,616.80 per ounce, according to…
Published: 2024-11-26 02:56:12
Macy's $132 million mystery has auditing experts scratching their heads
Macy's said it discovered an employee intentionally made accounting errors totaling $132 to $154 million. Auditing experts told BI the available evidence suggests a failure of internal accounting controls. They said the issue should have been caught much earlier —regardless of any single…
Published: 2024-11-26 02:45:39
Rocket Lab Lands CHIPs Award, Successful Missions; SpaceX Launch On Deck
The space industry docket for Monday is packed with a slew of rocket launches and acquisition news. SpaceX already completed one launch of Starlink satellites early Monday. It has another potentially on tap for tonight. Meanwhile, rival Rocket Lab (RKLB) successfully launched two missions in the…
Published: 2024-11-26 02:45:13
Trump Vows 25% Levy For Canada, Mexico; Ramps Up Promised Tariffs On 'Drug-Pushing' China
Trump Vows 25% Levy For Canada, Mexico; Ramps Up Promised Tariffs On 'Drug-Pushing' China Just when you thought his choice of Scott Bessent as Treasury Secretary had tamped down the market's 'tariff tensions', President-Elect Trump reminded everyone who is in charge tonight with drugs and open…
Published: 2024-11-26 02:45:26
Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office
President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs
Published: 2024-11-26 02:45:39
Walmart becomes the latest company to walk back DEI initiatives
Walmart said it was rolling back some DEI initiatives. Paul Weaver/SOPA Images/LightRocket via Getty Images Walmart is scaling back some of its DEI efforts. The company was under pressure from anti-DEI activist Robby Starbuck. A spokesperson said some of the changes had been in the works for a…
Published: 2024-11-26 02:45:31
Kohl’s Appoints Michaels Chief Ashley Buchanan to Succeed Retiring CEO
Kohl’s has appointed Michaels Companies CEO Ashley Buchanan to succeed its current CEO Tom Kingsbury when Kingsbury steps down on Jan. 15. Kingsbury will retain an executive advisory role and board seat through his retirement in May, the retailer said in a Monday (Nov. 25) press release. Buchanan…
Published: 2024-11-26 03:40:26
Blue Yonder ransomware attack disrupts grocery store supply chain
Supply chain management firm Blue Yonder is warning that a ransomware attack caused significant disruption to its services, with the outages impacting grocery store chains in the UK. Blue Yonder (formerly JDA Software) operates as a Panasonic subsidiary with an annual revenue of over a billion USD…
Published: 2024-11-26 02:34:23
Asian markets mixed after Trump's tariff announcement
Major stock market indexes in Asia traded mixed on Tuesday following US President-elect Donald Trump's pledge to impose new tariffs on imports, rising concerns about potential disruptions in globa...
Published: 2024-11-26 02:34:33
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