Trump Plans to Stiff Federal Workers Furloughed During Shutdown
“The government is shutdown, but the House refuses to go back in session. Why are we in recess? Because the day we go back into session, I have 218 votes for the discharge petition to…
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OpenAI lifts another AI laggard with big plans for AMD
OpenAI bestowed its blessings and backing on another tech company Monday, inking a deal with chipmaker Advanced Micro Devices, instantly making it one of the hot companies investors hope…
Trump plans to federalize 300 troops in Illinois, as judge blocks a similar mobilization in Oregon
President Donald Trump authorized the deployment of 300 Illinois National Guard troops to protect federal officers and assets in Chicago on Saturday, marking the latest escalation of the…
Alphabet plans sale, spinoff of Verily unit, executive says
The Justice Department has asked the judge to force the company to sell its advertising exchange Alphabet has been working for the past two years to technologically decouple its life…
Jimmy Fallon Plans to ‘Keep My Head Down’ and Avoid Politics on ‘The Tonight Show’: ‘We Hit Both Sides Equally’
Jimmy Fallon plans to keep “The Tonight Show” out of politics. During a recent interview with CNBC’s “Squawk on the Street,” the late-night frontman said his show has “never really been…
Nissan to reboot Xterra SUV as a hybrid, freezes plans for US EV
The Japanese carmaker is undergoing a massive downsizing effort globally as it tries to regain profitability Nissan Motor will revive its Xterra SUV as a hybrid model to be built in…
Turkish Airlines plans huge Boeing purchase, following President Erdoğan’s meeting with Trump
Turkish Airlines, Turkey’s national carrier, has announced plans to add 225 Boeing aircraft to its fleet. In an a declaration to the Istanbul Stock Exchange on Friday, the airline said it…
EU plans tariffs of 25 to 50% on Chinese steel and related products, Handelsblatt reports
The European Commission plans to impose tariffs of 25 to 50 per cent on Chinese steel and related products in the next few weeks, German business daily Handelsblatt reported citing senior…
White House tells agencies to draft mass firing plans ahead of potential shutdown
The White House is telling agencies to prepare large-scale firings of federal workers if the government shuts down next week. Source link
US hedge fund Verdad plans to launch new Japan small-cap fund
A gauge of smaller stocks has outperformed the broader Topix this year with a gain of 19%, compared to 14% for the index Boston-based hedge fund Verdad Advisers is planning to launch a new…
Huawei plans three-year campaign to overtake Nvidia in AI chips
Huawei Technologies openly admits its silicon cannot match Nvidia’s in raw power and speed. So to pack the same punch, China’s national champion is counting on its traditional strengths:…
Nvidia invests US$5 billion in Intel, plans to co-design chips
Nvidia Corp agreed to invest US$5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to help prop up an ailing archrival. Nvidia will buy…
Fed’s rate-cut plans pre-empt a recession, rather than reacting to one
The Federal Reserve’s latest move is a shift from the hold-steady, wait-and-see approach to an aggressive defence of the US labour market US STOCKS initially gained after the US Federal…
FBI investigating Discord chat where Charlie Kirk slaying suspect talked about plans
The FBI's investigation into the assassination of conservative activist Charlie Kirk is now looking at those who were on an online gaming chat where the suspect is believed to have talked…
Richard Li’s FWD plans buyback of US$900 million bond via new debt
The company will use the net proceeds of the five-year and 10-year notes for general corporate purposes, including refinancing the 8.4% note Hong Kong billionaire Richard Li’s FWD Group…
Trump Says White House’s Lavish New Ballroom Will Be ‘a Little Bigger’ Than Original Plans, With 38% More Guest Capacity
President Donald Trump‘s major new addition to the White House — a large, gold-plated ballroom annex — will be even larger than the original plans called for, he said. “We’re making it a…
Moderna shares hit a low after report suggests the FDA plans to tie COVID shots to child deaths
Pharma stocks took a fresh hit on Friday following a report in The Washington Post that the U.S. Food and Drug Administration reportedly plans to link COVID-19 vaccines with the deaths of…
Chipotle plans Asia debut with stores in Singapore and South Korea
Chipotle Mexican Grill is venturing into Asia for the first time, with plans to open locations in South Korea and Singapore in 2026. It’s the American chain’s latest foray into…
Mexico plans 50% tariff on Chinese cars before US, Canada talks
General Motors, Ford Motor and Stellantis, which owns the Chrysler, Jeep and Ram brands, ship their own China-made cars to the country and other parts of Latin America Mexico plans to…
DoorDash plans to test drone deliveries in San Francisco warehouse
Food delivery app DoorDash is setting its sights on a new destination to test out flying drone deliveries: San Francisco. The tech company leased a warehouse in the Mission District last…
Trump's deportation plans result in 320,000 fewer immigrants and slower population growth, CBO says
President Donald Trump's plans for mass deportations and other hardline immigration measures will result in roughly 320,000 people removed from the United States over the next ten years,…
Nio plans US$1 billion share sale to fund EV growth
The Shanghai-based EV maker will sell as many as 181.8 million new shares at HK$42.86 to HK$44.46 each Chinese electric-vehicle maker Nio plans to raise about US$1 billion through a share…
Pandora Has Big Ambitions for the U.S., With Plans to Build Major Maryland Distribution Center
LONDON – Pandora is giving the U.S. market a further vote of confidence with plans to open a larger distribution center in the state of Maryland that will increase the company’s footprint…
Congressional Black Caucus members rip GOP's 'racist' redistricting plans
Congressional Black Caucus members on Tuesday decried redistricting efforts by Republicans as a "racist" plan that has threatened the seats of CBC lawmakers. Source link