All news by author: Reuters
• Business • Views: 731
Judge halts the settlement between Sandy Hook families and Alex Jones in bankruptcy case: 'I am unable to approve that'
On Wednesday, a US bankruptcy judge halted a settlement involving families who have taken legal action against Alex Jones due to his false statements regarding the 2012 Sandy Hook Elementary School shooting. The judge stated that their effort to distribute the bankrupt conspiracy theorist's assets went beyond the court's jurisdiction
• US News • Views: 914
Second US judge blocks Trump’s birthright citizenship order
A federal judge in Maryland became the second one nationally to block the Trump's administration from implementing the president's executive order aimed at curtailing birthright citizenship in the US.
• Business • Views: 784
According to a report, major automakers Nissan and Honda are abandoning discussions about a $60 billion merger
Nissan's board is said to have called off significant merger discussions following a meeting on Wednesday
• World News • Views: 977
A US military aircraft carrying over 100 Indian migrants without legal status has arrived in India
A US military aircraft transporting undocumented Indian immigrants touched down in Amritsar, a city in northern India, on Wednesday, according to a Reuters observer. This action resulted in an unspecified number of deportations aligned with President Donald Trump's immigration policy
• US News • Views: 559
Unions take legal action to stop Trump's federal employee buyout plan as 20,000 prepare to leave
The American Federation of Government Employees, along with two additional unions, argue that the buyout offer contravenes federal law
• Business • Views: 947
Shares of Alphabet, Google's parent company, plunged over 7% as competition hit its cloud revenue
Alphabet announced on Tuesday that it plans to invest $75 billion in its AI development this year, which is 29% higher than what Wall Street had projected, while reporting cloud revenue that fell short of analysts' expectations
• Business • Views: 1080
Ferrari reveals launch date of first electric car, says Trump policies won’t derail new models
Ferrari is preparing the landmark launch of its first fully electric car in October, the luxury sports car maker said on Tuesday, while targeting an increase of at least 5% in revenues and core earnings this year.
• World News • Views: 539
Trump and Netanyahu are poised for crucial discussions regarding the Middle East agenda
When Benjamin Netanyahu meets with US President Donald Trump on Tuesday, the Israeli prime minister is anticipated to attempt to improve the occasionally strained relations with the Biden administration as they discuss the future of the Gaza ceasefire and strategies to oppose Iran
• US News • Views: 891
A federal prosecutor claims that opposition to Elon Musk's DOGE team probably violated the law
A federal prosecutor appointed by President Donald Trump stated that the FBI was probing the "targeting" of employees connected to Elon Musk's initiative to reduce the size of the U.S. government
• US News • Views: 1181
Recovery operations in the Washington helicopter-plane crash have identified 55 out of 67 victims
Authorities have successfully identified 55 of the 67 victims from Wednesday's midair collision between an American Airlines passenger plane and a military helicopter over the Potomac River in Washington, DC
• US News • Views: 911
China criticizes Trump tariff: "Fentanyl is an American issue"
On Sunday, the Chinese government criticized the Trump administration for implementing a long-promised 10% tariff on imports from China, while remaining open to negotiations with the US to potentially prevent an escalation of the dispute
• Business • Views: 655
Dow turns negative, skids over 300 points after Trump tariffs spook Wall Street
Stock closed lower on Friday, with the Dow losing ground in afternoon trading after the White House said President Trump will implement on Saturday tariffs of 25% on Canadian and Mexican imports and 10% on Chinese goods with immediate effect.
• Business • Views: 851
Meta mulling move to reincorporate in Texas or another state from Delaware: report
Meta Platforms is in discussions about moving its incorporation from Delaware to Texas or other states, the Wall Street Journal reported Friday, citing people familiar with the matter.
• Tech • Views: 1068
Why it might be challenging to prevent China's DeepSeek from utilizing technology from American AI competitors
This week, leading advisers at the White House voiced concerns that China's DeepSeek might have gained an advantage by allegedly using a technique known as "distillation" that builds on the progress of US competitors
• Business • Views: 402
Blackstone reaffirms big bet on AI data centers — despite DeepSeek threat
Blackstone said Thursday its massive investments in data centers would not be undermined by the low-cost artificial intelligence models from China's DeepSeek, as the need for physical infrastructure was still vital for AI.
• Business • Views: 637
Mark Zuckerberg reveals thoughts on DeepSeek as Meta’s AI spending under scrutiny
Meta Platforms' fourth-quarter revenue beat Wall Street expectations on Wednesday, but the company predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how bets on pricey artificial intelligence-powered tools are paying off.
• US News • Views: 1116
USDA inspector general escorted from office after resisting exit following Trump administration's dismissal
Phyllis Fong, who has worked in the department for 22 years, previously informed her colleagues of her plans to remain after the White House dismissed her on Friday, saying she felt the administration hadn't adhered to the correct procedures, according to the sources
• Business • Views: 458
Trump Media shares jump as Truth Social parent partners with investing giant Charles Schwab
Truth Social parent Trump Media and Technology Group said Wednesday its board of directors has approved the launch of a financial services and FinTech brand Truth.Fi, sending shares of the firm up over 7%.
• Business • Views: 1063
Biden admin airline fee disclosure rules blocked by appeals court
A US appeals court on Tuesday blocked the Biden administration's 2024 rule on upfront disclosure of airline fees, saying the Transportation Department had not complied with procedural rules.
• World News • Views: 1182
A Gen Z chef turns their millions of TikTok followers into a successful restaurant
Elias Dosunmu, 27, has an impressive following with 9.6 million on TikTok, almost 5 million on YouTube, and 2 million on Instagram, which he describes as making him "Spain's most followed gastronomy influencer."
• World News • Views: 1109
Putin ally Lukashenko announced as the victor in the Belarus election criticized by the West as a fraud
Belarusian leader and Russian ally Alexander Lukashenko continued his 31-year tenure on Monday after election officials announced him the victor of a presidential election that Western countries dismissed as fraudulent
• US News • Views: 489
Trump fires at least 17 independent inspectors general
President Donald Trump fired 17 independent watchdogs at multiple government agencies on Friday, a person with knowledge of the matter said, eliminating a critical oversight component and clearing the way to replace them with loyalists.
• Business • Views: 1218
Dow ends Trump’s first week in office with weekly gain as Wall Street weighs tariff threats
Wall Street's main indexes closed lower on Friday as investors stepped back while they digested a mixed bag of economic data and earnings reports and prepared for a week filled with economic releases and a Federal Reserve meeting.
• US News • Views: 469
According to a whistleblower, Mastercard and Visa did not prevent payments on OnlyFans for material involving child sexual abuse
According to claims in a confidential whistleblower report, Mastercard and Visa were unsuccessful in preventing their firms from being involved in laundering money linked to child sexual exploitation and sex trafficking on OnlyFans
• Business • Views: 820
Purdue Pharma and the Sackler family, its owners, consent to a historic $7.4 billion opioid settlement
Purdue Pharma and the Sackler family, who own the company, have agreed to a new $7.4 billion settlement to settle numerous lawsuits claiming that the painkiller Oxycontin contributed to a major opioid addiction crisis in the United States, Texas Attorney General Ken Paxton announced Thursday
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