business news
Trump scraps Scotch whisky tariffs ‘in honor’ of King Charles
U.S. President Donald Trump and King Charles III during a meeting in the Oval Office of the White House on April 28, 2026 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump repealed tariffs on a key U.K. export on Thursday, after a state visit from King Charles […]
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Treasury yields are flat as investors digest latest GDP and inflation data
Treasury yields were unchanged on Friday as investors digested a week of key economic data and policy releases. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was unchanged at 4.390%. The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, was […]
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Apple CEO Tim Cook warns of extended memory crunch. ‘We’ll look at a range of options’
Apple CEO Tim Cook gestures as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. Sept. 9, 2025. Manuel Orbegozo | Reuters The global memory crisis played an outsized role in tech earnings season, which hit an apex this week. Apple CEO Tim Cook warned it’s just the […]
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China’s EV price war turns into AI arms race beyond cheaper cars
AI signage at the Robert Bosch booth at the Beijing Auto Show in Beijing, China, on Saturday, April 25, 2026. Bloomberg | Bloomberg | Getty Images BEIJING — Electric carmakers in China are layering on more of the same artificial intelligence features as they try to survive a prolonged price war in the world’s largest […]
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Oil rises as Trump faces crucial 60-day deadline for Iran war
United States Marine Corps soldiers seen staged outside of the Federal Building in downtown Los Angeles during the ‘No War On Iran’ protest after conflicts arise with Iran and Israel on June 19, 2025 in Los Angeles, United States. Anadolu | Anadolu | Getty Images Oil prices climbed Friday, a day after a volatile session […]
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Australia and Japan markets climb, looking past Iran war escalation fears
Pedestrians at Pitt Street Mall in Sydney, Australia, on Thursday, July 24, 2025. Brendon Thorne | Bloomberg | Getty Images Markets in Australia and Japan mostly rose Friday, mirroring gains on Wall Street that saw both the S&P 500 and Nasdaq Composite reach new highs. This comes as investors took in strong earnings from Apple […]
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China’s self-driving truck leaders say AI breakthroughs won’t accelerate rollout — here’s why
Key Points Rapid developments in AI by large language models don’t translate directly into autonomous driving. “The world’s best linguistics [expert] doesn’t mean he’s a good driver,” said Pony.ai CEO James Peng. Inceptio, a self-driving truck startup, is still sticking to its timeline for a mid-2028 commercialization milestone, CEO Julian Ma told CNBC. Source
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Video shows Trump attack suspect Cole Allen casing Hilton, storming checkpoint: Pirro
Pirro said investigators have found no evidence to indicate that a Secret Service agent who was struck by gunfire during the incident was shot by another member of law enforcement, but did not elaborate on that claim. The agent was not seriously injured because the shot was stopped by protective gear, authorities have said. Read […]
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Japan Airlines to trial humanoid robots for baggage handling at Haneda airport amid labor crunch
LOS ANGELES, CALIFORNIA – MARCH 7: A Japan Airlines Boeing 787 Dreamliner departs Los Angeles International Airport en route to Tokyo on March 7, 2026 in Los Angeles, California. (Photo by Kevin Carter/Getty Images) Kevin Carter | Getty Images News | Getty Images Japan Airlines has begun testing humanoid robots for ground operations at Tokyo’s Haneda […]
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Apple delivers a nearly perfect quarter, with a CEO change and an AI update ahead
Apple on Thursday evening reported a strong quarter to wrap up a busy week of megacap earnings. Clearly, CEO Tim Cook’s decision to announce his upcoming departure ahead of the release was a move to ensure that news would not overshadow the incredible results. Revenue in Apple’s fiscal 2026 second quarter ended March 31 increased […]
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