business news
Several killed after fire in Swiss ski resort bar
Police officers walk at the site of an explosion that ripped through a bar in Crans-Montana on January 1, 2026. Several people were killed and others injured when an explosion ripped through a bar in the luxury Alpine ski resort town of Crans Montana, Swiss police said early on January 1. Maxime Schmid | Afp […]
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Mamdani’s inauguration: New York, New Year, new mayor
Zohran Mamdani is sworn in as New York City’s 112th mayor by New York Attorney General Letitia James, left, alongside his wife Rama Duwaji, right, in the former City Hall subway station on January 1, 2026 in New York City. Pool | Getty Images News | Getty Images Zohran Mamdani was sworn in as New […]
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U.S. grants TSMC annual licence to import U.S. chipmaking tools into China
TSMC offices in San Jose, California, on April 18, 2024. Bloomberg | Bloomberg | Getty Images The U.S. government has granted an annual licence to Taiwan Semiconductor Manufacturing to import U.S. chip manufacturing equipment to its facilities in Nanjing, China, the chipmaker said on Thursday. The approval “ensures uninterrupted fab operations and product deliveries,” the […]
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Dust to data centers: The year AI tech giants, and billions in debt, began remaking the American landscape
The Stargate AI data center in Abilene, Texas, US, on Wednesday, Sept. 24, 2025. Kyle Grillot | Bloomberg | Getty Images West Texas dust, iron-tinged and orange-red, rides the wind and sticks like a film to everything you touch. It clings to skin and the inside of your mouth, a fine grit that turns every […]
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Google wraps up best year on Wall Street since 2009, beating megacap peers as AI story strengthens
Google CEO Sundar Pichai waves as he arrives to attend the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, February 11, 2025. Benoit Tessier | Reuters After a tough start to the year, Google closed out 2025 with its strongest performance — from Wall Street’s perspective — since 2009, when the […]
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Trump’s first vetoes of his second term hit bipartisan infrastructure projects, draw accusations of retribution
President Donald Trump issued the first vetoes of his second term Tuesday, blocking bills that would support a pair of bipartisan infrastructure projects in Colorado and Florida. Trump’s veto of the Colorado bill, the Finish the Arkansas Valley Conduit Act, which Congress unanimously approved earlier in December, enraged the state’s lawmakers. The bill would reduce […]
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Congressional Republicans call on Tim Walz to testify on Minnesota fraud scandal
Congressional Republicans on Wednesday called Minnesota Gov. Tim Walz to testify amid an ongoing social services fraud scandal, as the White House signaled it could expand its investigations into other blue states. A day after the Trump administration said it would freeze hundreds of millions of dollars of child care funds to Minnesota, House Oversight […]
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DOJ has 5.2 million pages of Epstein files left to review: Reports
The Department of Justice has 5.2 million pages of Jeffrey Epstein-related documents left to review and it will take weeks longer to complete the effort, multiple outlets reported. About 400 lawyers are being enlisted from multiple government divisions to pore over those records, The New York Times first reported late Tuesday, citing people familiar with the […]
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Stocks making the biggest moves midday: Nike, Corcept Therapeutics, Taiwan Semiconductor & more
Check out the companies making the biggest moves midday: Nike — Shares of the sneaker giant rose around 4% after board members Tim Cook and Robert Holmes Swan, as well as Nike CEO Elliott Hill, increased their stakes, Verity data shows. The action comes as Nike wraps up a tough year. Corcept Therapeutics — Shares […]
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China’s Xi promises more proactive macro policies in 2026
China is on track to meet its growth target of around 5% this year and will roll out more proactive policies in 2026, President Xi Jinping said on Wednesday, amplifying promises for more stimulus to power economic growth. China’s gross domestic product is expected to have reached 140 trillion yuan ($20 trillion) this year, with […]
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