Amazon targets 30,000 corporate job cuts
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company works to pare expenses and compensate for overhiring during the peak demand of the ...
Trump aims to clinch deal with China’s Xi during Asia trip
Top economic officials from the US and China kickstarted talks in Kuala Lumpur on Saturday to avert an escalation of their trade war and ensure that a meeting happens next ...
Trump’s troop deployments to Portland and DC face tests in court
Federal judges in Portland, Oregon and Washington, DC held hearings on Friday in legal battles over the deployment of National Guard troops to the US cities, as President Donald Trump ...
US expects more flight delays as controllers soon to miss paychecks
US Transportation Secretary Sean Duffy on Friday said he expects more flights to be delayed, with air traffic controllers set to miss their first paycheck as a federal government shutdown ...
Australia, US to spend billions on mining, defense projects, White House says as leaders meet
Australia and the United States will spend billions of dollars in coming years on critical mining projects, defense systems and other investments in a deal between the two nation’s ...
US judge extends block on Trump deploying National Guard in Portland, Oregon
A federal judge in Oregon on Wednesday extended temporary restraining orders that block President Donald Trump’s administration from deploying any National Guard troops to police Portland as part of ...
Trump’s tariff threat on China sinks dollar
The dollar dropped on Friday after US President Donald Trump threatened to hike tariffs against China, reigniting concerns over how the trade war will impact the US economy.
Trump also ...
China hits back at US ships with additional port fees
Vessels owned or operated by US firms and individuals, or those built in the United States or that fly the US flag, will be charged additional port fees per voyage ...
Harvard faces lawsuits over theft of body parts by ex-morgue manager
Harvard University can be sued by families alleging it mishandled the bodies of loved ones donated to its medical school and whose parts were then sold on the black market ...
Illinois sues to block Trump from deploying National Guard troops to Chicago
Illinois filed a lawsuit on Monday seeking to block US President Donald Trump from deploying hundreds of federalized National Guard troops into the streets of Chicago.
The Democratic-led state and ...
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Trump secures Netanyahu’s agreement to Gaza deal but Hamas support in question
President Donald Trump secured Israeli Prime Minister Benjamin Netanyahu’s backing on Monday for a U.S.-sponsored peace proposal to end a nearly two-year-old war in Gaza, but questions ...
How the West lost America
For some time, I have been trying to understand how the West managed to lose its key champion: the United States. By “the West,” I mean the group of countries ...
US intends to cancel $13 billion in funds for green energy
The US Department of Energy intends to cancel more than $13 billion in funds that the Biden administration had pledged to subsidize wind, solar, batteries and electric vehicles, it said on ...
US opposes Russia’s entry into UN aviation group governing council
Transportation Secretary Sean Duffy said the US opposes Russia’s bid to gain election to a UN aviation group 36-state governing council.
Russia is urging aviation leaders at the International ...
Federal Reserve Governor to argue for rate cut view, says he got no input from Trump
New U.S. Federal Reserve Governor Stephen Miran, on leave at the central bank from the Trump administration, on Friday defended himself as an independent policymaker after dissenting in favor ...
Jimmy Kimmel suspension puts Disney back in hotseat as writers hold protest
Film and TV writers held a free-speech demonstration in New York on Friday to protest Disney’s suspension of talk-show host Jimmy Kimmel and President Donald Trump’s efforts to ...
US has talked with Gulf states about post-war Gaza administration, envoy says
The United States has held talks with Gulf Arab states about the possibility that they could administer Gaza once the war is over, U.S. Ambassador Mike Huckabee told Reuters ...
Trump’s economic policies may have number of long-term effects
In a recent article, we discussed the short-term effects of President Trump’s economic policies on global equity and bond markets. Today, we will try to analyse the long-term effects, ...
Florida plans to end all state vaccine mandates, including for schools
Florida plans to end all state vaccine mandates, including for children to attend schools, the state’s surgeon general, Joseph Ladapo, announced on Wednesday, likening the requirements to “slavery.”
The ...
US to bar Palestinians from UN assembly as allies pledge statehood
The US said on Friday it would bar entry to some Palestinian officials seeking to attend next month’s UN General Assembly in New York, after several US allies pledged ...
Trump-appointed judge rebukes DOJ for ‘calamitous’ lawsuit against Maryland judges
A federal judge on Tuesday threw out an unusual lawsuit the Trump administration filed against every federal judge in Maryland over an order slowing down efforts to swiftly deport people ...
USS Mitscher arrives in Cyprus
The United States navy’s guided missile destroyer the USS Mitscher arrived in Cyprus on Monday, the American embassy in Nicosia announced.
The ship is one of the US’ fleet ...
Cyprus-based shipping company sanctioned by US over Iran links
A Cyprus-based shipping company by the name of “GMCG Ltd” was designated as “blocked property” by the United States’ government as part of the country’s latest round of sanctions ...
US calls UN Israel two-state solution conference a ‘publicity stunt’
The United States on Monday rejected as a “publicity stunt” a United Nations conference that brought dozens of ministers together to work toward a two-state solution between Israel and the ...