business news
Gov. Walz calls on Trump to halt ICE operations in Minnesota after another shooting
A federal agent cordons off the area as people gather at the scene of a shooting involving federal immigration agents in Minneapolis, Minnesota, on Jan. 24, 2026. Tim Evans | Reuters Minnesota Gov. Tim Walz on Saturday called on President Donald Trump to end sweeping Immigration and Customs Enforcement (ICE) operations in the state after […]
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Trump threatens to impose 100% tariff if Canada makes deal with China
US President Donald Trump speaks to the press upon returning to Joint Base Andrews in Maryland on January 13, 2026. Mandel Ngan | Afp | Getty Images President Donald Trump on Saturday warned Canada that the U.S. would impose 100% tariff on goods sold in the U.S. if the country strikes a trade deal with […]
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UAE says talks between Russia and Ukraine focused on ‘outstanding elements’ of U.S.-proposed peace plan
A UAE government spokesperson said on Saturday that talks between Russia and Ukraine in Abu Dhabi focused on the “outstanding elements” of the U.S.-proposed peace framework. The spokesperson said the talks included “direct engagement” between officials from both countries and were held in a “constructive and positive atmosphere”. — This is a developing story. Check […]
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Investors came to Davos for AI. They left talking about Greenland
U.S. President Donald Trump (R) speaks to Apple CEO Tim Cook (L) as he attends a reception for business leaders at the World Economic Forum (WEF) Annual Meeting on Jan. 21, 2026 in Davos, Switzerland. Chip Somodevilla | Getty Images Moving between panels, hotel lobbies, and meetings this week, it often felt like two conferences were […]
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Libya to sign 25-year oil deal with TotalEnergies and ConocoPhillips
A view of the pipelines at Zueitina oil terminal, in west of Benghazi, Libya February 3, 2020. Picture taken February 3, 2020. Esam Omran Al-fetori | Reuters Libya will sign a 25-year oil development agreement on Saturday with France’s TotalEnergies and U.S.-based ConocoPhillips, involving more than $20 billion in foreign-financed investment, Prime Minister Abdulhamid al-Dbeibah […]
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Musk’s $1 trillion pay package renews focus on soaring CEO compensation
Elon Musk’s pay package of up to $1 trillion highlights the continued escalation in CEO compensation, even as worker pay slows and rewards to shareholders remain mixed, according to several studies. Already, Musk is the richest person on the planet with a net worth that tops $660 billion, according to Bloomberg. Musk saw his […]
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Meta’s Reality Labs cuts sparked fears of a ‘VR winter’
Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters Meta‘s deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses has chilled the industry, leading to concerns about its […]
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Trump administration unlawfully suspended EV charger infrastructure program, U.S. judge rules
A federal judge on Friday ruled President Donald Trump’s administration unlawfully suspended funding awarded to support the expansion of electric vehicle charger infrastructure, in a victory for 20Democratic-led states that sued over the action. U.S. District Judge Tana Lin in Seattle ruled in favor of 20 states as well as the District of Columbia, which […]
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Russia and Ukraine sit for tense talks on thorny territorial issue
Ukrainian and Russian negotiators met in Abu Dhabi on Friday to tackle the vital issue of territory, with no sign of a compromise, as Russian airstrikes plunged Ukraine into its worst energy crisis of the nearly four-year war. Kyiv is under mounting U.S. pressure to reach a peace deal in the war triggered by Russia’s full-scale […]
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I spent the week with tech CEOs. Here’s what they’re talking about
Fabricio Bloisi, chief executive officer of Prosus NV, during a Bloomberg Television interview at the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 23, 2025. The annual Davos gathering of political leaders, top executives and celebrities runs from January 20 to 24. Photographer: Hollie Adams/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty […]
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