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News
Asian shares are mixed and OpenAI investor SoftBank shares plunge after calls to slow AI industry
8+ min ago (501+ words) U.S. futures edged lower, while oil prices gained more than 3% as worries grew over global oil supplies after Saudi Arabia shut down a major oil pipeline used to help bypass the Strait of Hormuz after it was attacked. South Korea’s Kospi…...
Trump agrees to new bipartisan ethics provision in massive crypto bill, Republican senators say
3+ hour, 11+ min ago (306+ words) The sweeping bill initially had just a provision included that would bar all federally elected officials and their spouses, as well as federal judges, from issuing digital assets. A core group of Democrats, as well as Sen. Thom Tillis, R-N....
Amazon suspends use of 21 Air, cargo carrier whose plane careened off Miami runway
1+ hour, 2+ min ago (257+ words) The Boeing 767 came in fast on Sept. 6 and then barreled roughly 1,300 feet (396 meters) past the end of the runway and smashed into a van carrying workers at a plane cleaning company. All five people who died were in the van....
Carney pitches Canada to global investors as Trump tries to pull investment south
1+ hour, 12+ min ago (574+ words) About 300 CEOs and senior executives from some of the world’s biggest investment firms will descend on the Four Seasons in Yorkville, a tony Toronto enclave of high-end restaurants and designer boutiques, for Carney’s Canada Investment Summit this week. The investors…...
New warnings about the risks of AI to humanity revive a long-running debate
1+ hour, 25+ min ago (813+ words) The CEO of Anthropic, the San Francisco company behind Claude, said he thought the industry needed to reduce the speed of its work, cautioning Saturday that a swarm of AI agents might be able to take over the internet in…...
Iran's nuclear chief not expected to attend IAEA General Conference, official says
5+ hour, 57+ min ago (333+ words) Mohammad Eslami’s exclusion from the IAEA conference is another sign of rapidly deteriorating relations between Iran and the West. The United States and Iran have resumed fighting, on and off, after a fragile ceasefire collapsed in July. Austria sought a…...
Wall Street week ahead: Federal Reserve decision on interest rates, retail sales update
1+ day, 21+ hour ago (240+ words) The central bank will close out its two-day meeting on Wednesday and could raise its benchmark interest rate in an effort to tame stubbornly high inflation. Wall Street will also get an update Wednesday on U.S. retail sales for August. That…...
Trump says he plans to remove a 15% tariff on Irish whiskey
11+ hour, 41+ min ago (155+ words) Trump said during the trophy ceremony for the Irish Open that he had been asked about the issue by everyone, including some of the golfers. “Everybody’s been bugging me” to do it, the Republican president said. “And I said, ‘On…...
Somalis rethink trade routes as Houthis disrupt established shipping channels
13+ hour, 39+ min ago (296+ words) Companies have traditionally imported goods from Asia through Gulf countries, such as the United Arab Emirates, Oman, and Saudi Arabia. Now, some are trying a more direct approach. “The latest tensions in the Bab al-Mandab Strait, as well as those…...
BRICS leaders voice concern over Middle East, condemn unilateral sanctions at India summit
1+ day, 5+ hour ago (857+ words) The meeting, which included Iranian President Masoud Pezeshkian, voiced concern over “deliberate attacks” on civilian infrastructure and peaceful nuclear facilities under the U.N. atomic energy agency's safeguards, saying nuclear safety and security must be protected during armed conflicts. The…...