News - 2025-01-06

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Mr. White, a close ally of President-elect Donald J. Trump, further strengthens the social media giant’s connections with the incoming administration.

Nvidia announced its latest GB10 superchip alongside AI software to power robots and self-driving trucks at CES 2025.

Nvidia announced a host of new software and hardware technologies at CES 2025. Here are the three most important debuts.

Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.

It comes days after former UK deputy PM Sir Nick Clegg left his top job at the social media giant.

The Chinese embassy in Washington called the decision "unreasonable suppression of Chinese companies".

The Canadian loonie is reacting to an upcoming change of leadership and Trump's universal tariff threats.

Huang is scheduled to deliver his keynote at 6:20 p.m. PST on Monday at the annual Consumer Electronics Show (CES) in Las Vegas.

The S&P 500 and Nasdaq Composite booked back-to-back gains on Monday.

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Huawei spinoff Honor announced Tuesday it is entering Indonesia and plans to launch its smartphones there by the end of March.

Will 2025 be a hinge year for cryptocurrency and will personalised AI appear on your phone?

Shoppers prefer a location where they can "eat, drink and socialise".

Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.

Workers at the fast-food chain tell the BBC they still face sexual abuse despite pledges to improve safeguarding.

Denise Coates CBE still received pay and dividends worth over £150m in 2024.

Chip stocks are rallying amid revived AI hopes, buoying markets in the wait for this week's monthly jobs report.

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2025 is already a continuation of 2024 as fast food chains compete to get consumers' dollars.

Ford announced that sales of its electric Mustang Mach-E surpassed those of its traditional Mustang in 2024 – a notable milestone for the Detroit automaker in a challenging EV market.

One of Apple's new artificial intelligence feature is facing criticism for generating inaccurate news alerts.

American Petroleum Institute President and CEO Mike Sommers calls on Congress to overturn Biden's executive action on offshore oil and gas drilling.

President-elect Donald Trump denied a report about his transition team developing a tariff plan that would be more restrained than his campaign proposals.

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Target-date funds are poised to capture about two-thirds of all 401(k) contributions by 2027. While they benefit many investors, others may see drawbacks.

A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.

Rapidly changing signals on Donald Trump's plans for tariffs caused a lot of market whiplash Monday.

Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.

Disney and FuboTV on Monday announced a planned merging of Hulu Live + TV and Fubo. Disney will have a 70% ownership stake in Fubo when the deal closes.

Chip stocks are rallying amid revived AI hopes, buoying markets in the wait for this week's monthly jobs report.

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Boeing and DOJ asked a federal judge to give them until mid February to amend a criminal plea deal, giving the new Trump administration a chance to review the matter.

Nvidia stock jumped early Monday ahead of CEO Jensen Huang’s keynote address at the annual Consumer Electronics Show (CES) in Las Vegas.

A Los Angeles restaurant that was once a staple for vegans closed its doors after 14 years in business, the business announced on social media.

The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.

Sunday’s show was Hollywood’s first megaphone since Donald Trump was elected to a second term. This time, there was barely a peep about it.

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The companies allege President Biden "ignored the rule of law to gain favor" with trade unions.

Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.

The tech company’s deal to release a film on Melania Trump has renewed scrutiny of Jeff Bezos’s efforts to get closer to the president-elect.

The CEO of U.S. Steel scolded President Biden for blocking the $14 billion acquisition of U.S. Steel by Japan-based firm Nippon Steel and revealed his plans to sue.

(Bloomberg) -- Aides to President-elect Donald Trump are considering a tariff plan that would apply to all countries but be limited to specific critical imports, the Washington Post reported, citing three people familiar with the discussions who it didn’t identify. Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysNYPD Seeking Gunmen After 10 People Wounded O

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President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has drawn criticism from the companies and other observers.

(Bloomberg) -- US equities could face a tough six months ahead as Treasury yields surge and the dollar advances on worries about inflation, according to Morgan Stanley strategists.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueNYC Congestion Pricing Cleared by Judge for Sunday LaunchThe correl

The ban covering most of America's coastline comes two weeks before Donald Trump's inauguration ceremony.

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But the report, on the experiences of 13 patients, found that the drug had no benefit for some people and that some who benefited said the improvement didn’t last.

Investors will digest fresh labor market data in the week ahead as the Federal Reserve's interest rate path in 2025 remains squarely in focus.

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After overcoming pariah status at the end of the last century, South Korea must learn what caused the catastrophe on Dec. 29 and what lessons to draw from it.