US Attorney General Bondi tells Fox News many judges need to be removed
WASHINGTON -U.S. Attorney General Pam Bondi said on Thursday that many of the judges who have recently ruled against the actions of U.S. President Donald Trump’s administration were unable to be impartial and needed to be removed. “Many judges need…
Hong Kong derivatives trading surges to record on turbulent markets and hedge fund interest
HONG KONG – Big swings in stock markets and hedge fund activity have propelled Hong Kong’s derivative trading to unprecedented highs. The number of outstanding futures and options contracts on the city’s bourse has reached 22 million so far this…
FAA moves to protect aircraft owners private information
WASHINGTON – The Federal Aviation Administration said Friday it was making it easier for airplane owners to keep information private like their name and address after Congress approved legislation over privacy concerns. The FAA said that starting on Friday, private…
Musk says a great wrong is being done to Tesla staff, customers -Fox News
Tesla Chief Executive Elon Musk said on Wednesday that a great wrong was being done to Tesla employees and customers when asked on Fox News’ “Special Report with Bret Baier” about incidents at dealerships that include arson attacks. Tesla has…
Israel conducts first strike on Beirut’s southern suburbs since truce
BEIRUT/JERUSALEM -Israel on Friday carried out its first major airstrike on Beirut’s southern suburbs in months, retaliating for an earlier rocket launch from Lebanon in the most serious test of a shaky ceasefire deal agreed in November. The strike targeted…
US car buyers face higher prices, less choice under Trump’s tariffs
LONDON/WHITE LAKE, Michigan – Major automakers can deal with President Donald Trump’s tariffs on U.S. auto imports in a number of ways, but all of them lead to higher prices, fewer choices of models or limits on features for consumers,…
Star Entertainment’s Sydney casino licence suspension extended till September
Australian embattled casino operator Star Entertainment said on Friday that its casino licence for Star Sydney will remain suspended until at least September 30, as advised by the New South Wales Independent Casino Commission (NICC). Star also noted that the…
US aid agency sending teams to Thailand for earthquake recovery, says source
WASHINGTON – The U.S. Agency for International Development will send some teams to Thailand to help with recovery efforts following an earthquake that hit southeast Asia, a source familiar with the matter said on Friday.
Brazil warns of big risk of global trade being ‘weaponised’
LONDON-Brazil’s secretary of foreign trade warned on Thursday in the wake of U.S. President Donald Trump’s auto tariffs announcement that global trade was at risk of being ‘weaponised’ and that World Trade Organization strains were likely to get worse before…
Johnson & Johnson unit ordered to pay $1.64 billion in HIV drug marketing case
A federal judge ordered a Johnson & Johnson unit on Friday to pay the U.S. government $1.64 billion after a jury found it liable in a whistleblower lawsuit for illegally promoting the HIV drugs Prezista and Intelence. U.S. District Judge…
Nvidia-backed CoreWeave prices downsized US IPO at $40 per share
Nvidia-backed cloud computing firm CoreWeave said on Thursday it had priced its initial public offering at $40 per share, compared with the earlier range of $47 to $55 per share. The IPO size was also reduced to about 37.5 million…
Nikola founder Trevor Milton says he was granted a full pardon by Trump
Trevor Milton, the founder of bankrupt electric and hydrogen-powered truck maker Nikola who was convicted of fraud, has been pardoned by U.S. President Donald Trump, Milton said in a social media post on Thursday. Milton was sentenced to four years…
Musk says he will finish most of $1 trillion federal cost cuts within weeks
Tech billionaire Elon Musk, whom U.S. President Donald Trump has tapped to shrink the government, said on Thursday he would finish most of the work to cut $1 trillion in federal spending when his tenure ends in as soon as…
Trump targets another law firm, citing ties to Robert Mueller
WASHINGTON -U.S. President Donald Trump issued a proclamation on Thursday targeting law firm WilmerHale, the fifth time the president has taken aim at a major firm with connections to his legal or political adversaries. The proclamation cited WilmerHale’s ties to…
Trump asks US Supreme Court to intervene in deportations fight
WASHINGTON – Donald Trump’s administration asked the U.S. Supreme Court on Friday to allow his use of a 1798 law to swiftly deport alleged Venezuelan gang members as part of his hardline approach to immigration, arguing that courts must not…
After years of survival, China’s Huawei returns to revenue peak
SHENZHEN, China – China’s Huawei is expected to claim triumph over U.S. sanctions at its upcoming annual results, bolstered by its software push, progress in chips and booming smart-driving technology business that has helped it move out of “survival mode”….
Toyota’s global output rises for second month in February on solid Japan sales
TOKYO – Toyota Motor said on Friday its global production rose for the second consecutive month in February, driven by higher output and stronger sales in Japan after recovering from a certification scandal in its home market last year. Global…
US prosecutors probe tip about timing of Pfizer’s COVID vaccine, WSJ reports
Federal prosecutors in Manhattan are probing a claim by GSK that Pfizer delayed announcing its COVID shot’s success in 2020 until after that year’s election, the Wall Street Journal reported, citing people familiar with the matter. The report said on…
Australia PM Albanese calls national election for May 3
SYDNEY – Australia’s Prime Minister Anthony Albanese on Friday called a national election for May 3, launching a five-week campaign that is set to be dominated by cost-of-living pressures. Albanese’s Labor party won a majority at the last federal election…
Russia’s Putin launches nuclear-powered submarine
President Vladimir Putin on Thursday launched a nuclear-powered submarine equipped with hypersonic Zircon missiles capable of travelling at several times the speed of sound. Russian news agencies, referring to a video link from the Arctic port of Murmansk, said Putin…
Judge orders Trump administration to preserve Yemen attack plan messages
WASHINGTON -A U.S. judge on Thursday ordered President Donald Trump’s administration to preserve messages sent on the Signal messaging app discussing attack plans against the Houthis in Yemen that became public after they were inadvertently shared with a journalist. The…
Fed’s Barkin: Extensive uncertainty could hit demand, policy in good place awaiting more clarity
LEXINGTON, Virginia – The Federal Reserve’s current “moderately restrictive” monetary policy is right for an environment with an abnormal amount of uncertainty and fast changes taking place in U.S. government policy, Richmond Fed President Tom Barkin said on Thursday. Barkin,…
Radio Free Europe says Trump administration rescinded its grant termination order
WASHINGTON – U.S. government-funded Radio Free Europe/Radio Liberty said on Thursday that its parent agency had rescinded an order terminating its grant funding, after the news outlet sued the Trump administration over the cuts. RFE/RL’s sister organization, Radio Free Asia,…
Lululemon forecasts annual results below estimates as newer styles fail to draw in shoppers
Lululemon Athletica forecast annual revenue and profit below estimates on Thursday as the lack of consumer appeal for its newer styles has been pushing customers to look for products from competitors such as Alo Yoga and Vuori. The company’s shares,…
Explainer-New creditors’ battle emerges in Citgo auction reboot
HOUSTON – A U.S. federal judge trying to move ahead with an auction of shares in the parent of Venezuela-owned U.S. refiner Citgo Petroleum is dealing with a fresh dispute between creditors after a lowball starting bid was recommended in…
Attack on Guyana or Exxon would be ‘bad day’ for Venezuela, Rubio warns
GEORGETOWN, Guyana -U.S. Secretary of State warned Venezuela on Thursday that it would be “a very bad day” for the South American country if it were to attack its neighbor Guyana or U.S.-based energy giant ExxonMobil, in comments that threatened…
Trump EPA invites companies to seek exemptions from air rules by email
WASHINGTON – The Trump administration invited companies to email the Environmental Protection Agency to seek presidential exemptions from nine clean-air regulations, including mercury limits for power plants and limits on hazardous air pollutants in plastic production by March 31, the…
Dua Lipa beats lawsuit claiming she copied ‘Levitating’
NEW YORK – Dua Lipa won the dismissal on Thursday of a lawsuit in Manhattan accusing the British pop star of copying her 2021 megahit “Levitating” from a 1979 disco song. U.S. District Judge Katherine Polk Failla said L. Russell…
Moldova broadens probe into pro-Russian group after detention of ethnic minority leader
CHISINAU -Moldova broadened an investigation into the financing of a banned pro-Russian political grouping in the country, two days after the detention of the leader of a pro-Moscow ethnic minority. The detention at Chisinau airport of Eugenia Gutul, the leader…
US seeks to enforce transgender military ban while it appeals judge’s order
The Trump administration on Thursday asked a U.S. appeals court to allow it to enforce a ban on transgender people serving in the military while it appeals a federal judge’s order blocking the ban. In an emergency motion filed in…