business news
Canada and China slash tariffs on EVs and canola in reset of ties
A BYD Sealion 5 plug-in hybrid SUV is displayed at the launch event by the Chinese electric vehicle maker in Muldersdrift, South Africa December 4, 2025. Nqobile Dludla | Reuters Canada and China struck an initial trade deal on Friday that will slash tariffs on electric vehicles and canola, as both nations promised to tear […]
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Death toll in Iran protests over 3,000, rights group says
Two armed members of Iran’s police special forces stand behind a country flag placed on an armored military vehicle during a pro-Government rally in downtown Tehran, Iran, on January 12, 2026. Nurphoto | Nurphoto | Getty Images More than 3,000 people have died in Iran’s nationwide protests, rights activists said on Saturday, while a “very […]
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Elon Musk’s xAI faces tougher road building out data centers after EPA rule update
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images The Environmental Protection Agency closed a loophole this week that Elon Musk’s xAI had exploited to rapidly stand up its first data center in Memphis, Tennessee. Musk’s artificial intelligence startup created a kind of off-grid power plant for its Colossus facility by […]
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DOJ probing Minnesota officials over alleged conspiracy to impede immigration agents: Report
Minnesota Governor Tim Walz speaks at a press conference at the State Emergency Operations Center in Blaine, Minn. on Thursday, Jan. 8, 2026. Alex Kormann | The Minnesota Star Tribune | Getty Images The U.S. Justice Department is investigating Minnesota officials including Governor Tim Walz and Minneapolis Mayor Jacob Frey over an alleged conspiracy to […]
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Google files to appeal search monopoly case
Google CEO Sundar Pichai during the press conference after his meeting with Polish PM Donald Tusk at Google for Startups Campus In Warsaw in Warsaw, Poland, on Feb. 13, 2025. Jakub Porzycki | Nurphoto | Getty Images Google on Friday filed to appeal a federal judge’s ruling that the company held an illegal monopoly in […]
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Labor Dept. accused of echoing Nazi slogan in social media post
A sign is displayed at the U.S. Department of Labor Frances Perkins Building on June, 2025 in Washington, DC. Kevin Carter | Getty Images A controversial social media post from the Department of Labor has poured gasoline on already-smoldering accusations that the Trump administration is amplifying rhetoric and imagery linked to extreme right-wing ideologies. The […]
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Big earnings reports and worries around the interest rate outlook could sway markets next week
Company earnings and what happens with the interest rate outlook will unlock what’s next for a broadening stock market. Stocks are headed for a down week following an uneven start to the fourth-quarter earnings season. Of the big banks that kick off the reporting period, the retail banking players — JPMorgan, Citigroup, Bank of America, […]
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Trump tells Hassett he wants to keep him where he is; Warsh Fed chair odds jump
President Donald Trump on Friday said he’d prefer to keep National Economic Council Director Kevin Hassett in his position as top economic advisor, a statement that could change the dynamic in the race to see who will replace Jerome Powell as Federal Reserve chair. During an appearance in the White House, Trump said, “I see […]
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Trump to pardon ex-Puerto Rico governor Vázquez in campaign finance case, official says
Puerto Rico Governor Wanda Vazquez speaks at a news conference in San Juan, Puerto Rico Jan. 19, 2020. Ricardo Arduengo | Reuters President Donald Trump plans to pardon former Puerto Rico Gov. Wanda Vázquez, a White House official said Friday. Vázquez pleaded guilty last August to a campaign finance violation in a federal case that authorities say […]
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OpenAI has committed billions to recent chip deals. Some big names have been left out
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images In November, following Nvidia’s latest earnings beat, CEO Jensen Huang boasted to investors about his company’s position in artificial intelligence […]
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