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U.S. and China continue trade talks in London
The U.S. and China held a second day of talks Tuesday in London aimed at easing their trade dispute.
Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%
President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast.
Disney to pay almost $439 million to take full control of streaming service Hulu
Disney will pay Comcast’s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service. The move closes out an appraisal process that’s dragged on for a few years. Disney said in November 2023 that it was acquiring a 33% stake in Hulu from Comcast for at least $8.6 billion. [&h[...]
Apple unveils software redesign while reeling from AI missteps, tech upheaval and Trump’s trade war
Apple previews iOS 26 and new features at WWDC 2025 but offers no timeline for long-awaited AI Siri upgrade, raising questions about innovation pace.
Amazon to spend $20B on data centers in Pennsylvania, including one next to a nuclear power plant
Amazon will spend $20B on two new Pennsylvania data centers, including one next to a nuclear plant, in the state's largest-ever private investment.
The US and China are holding trade talks in London after Trump’s phone call with Xi
U.S. and China officials met in London to revive stalled trade talks, aiming to extend a 90-day tariff truce and address rare earth export concerns.
Warner Bros. Discovery to split into two companies, dividing cable and streaming services
Warner Bros. Discovery will split into two companies, separating cable from streaming as cord-cutting reshapes the entertainment industry.
AESC halts $1.6B EV battery plant over policy fears
COLUMBIA, S.C. (AP) — A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” While Automotive Energy Supply Corp. didn’t specify what those problems are, South Carolina’s Republican governor said th[...]
Elon Musk pulls back on threat to withdraw Dragon spacecraft
Elon Musk reversed a threat to retire SpaceX’s Dragon after a clash with Trump. The capsule remains vital to ISS missions.
U.S. adds 139K jobs amid trade war uncertainty
U.S. employers added 139K jobs as hiring slowed. Trump’s trade policies stir economic fears, though recession signals remain unclear.
Tesla stock plunges after Musk feud with Trump escalates
Tesla stock plunged 14% as Musk's clash with Trump spurred fears of federal backlash, erasing $150B in market value.
The number of Americans filing for jobless benefits last week rises to highest level in eight months
Unemployment claims rose to 247,000, an 8-month high, as tariff uncertainty and corporate job cuts weigh on the U.S. labor market and economic outlook.
