News - 2025-01-22

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The government wants to cut the number of legal challenges to infrastructure projects.

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The lawsuit accuses LinkedIn of trying to conceal its actions but the firm says the claims are false.

Libertarian and crypto allies of Ross Ulbricht, who was serving a life sentence for distributing drugs on his Silk Road website, leveraged President Trump’s desire for political support to secure his release.

Donald Trump grabbed onto the idea of hitting Canada with tariffs almost immediately after November's election and he hasn't let go since.

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech billionaires that started on OpenAI's board and is now testing Musk's influence with the new president. Trump on Tuesday had talked up a joint venture investing up to $500 billion through a new partnership formed by OpenAI, the maker of ChatGPT, alongside Oracle and SoftBank.

Pensioners who lost winter fuel money after government changes tell the BBC the last few months have been a struggle.

The UK re-joining the Pan-Euro-Mediterranean Convention is up for discussion in reset talks, says Maros Sefcovic.

Investors are weighing earnings reports and economic data as the bull market for stocks nears new milestones.

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As racial and gender equity programs come under attack, many companies have scaled back. But Costco, Microsoft and others have forged ahead.

The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, countries that together account for more than a third of U.S. trade.

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The utility, Santee Cooper, is trying to sell two nuclear reactors that it abandoned in 2017 as tech companies seek new sources of electricity for data centers.

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President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.

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A boycott of links to Mr. Musk’s social media platform spread on Reddit this week, after he made a gesture that some likened to a Nazi salute. Others worried about censorship.

Tesco, Aldi and Lidl call for rethink of inheritance levy announced in Budget

The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates and mortgage rates thwarted those plans.

JPMorgan Chase CEO Jamie Dimon said in a new interview that tariffs are an economic tool that could boost inflation but could be useful for addressing national security concerns.

Nvidia stock jumped Wednesday, extending gains from the prior day following Trump’s announcement of a massive, $500 billion AI infrastructure project called Stargate. The project will be funded by Oracle, OpenAI and SoftBank.

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President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.

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JPMorgan Chase CEO Jamie Dimon on Wednesday downplayed concerns about new tariffs from the Trump administration: 'If it's a little inflationary, but it's good for national security, so be it.'

Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.

Former House Speaker Nancy Pelosi disclosed several new stock trades involving Big Tech names like Nvidia, Apple, Alphabet and Amazon that occurred in the last month.

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Sluggball, a reimagined way of playing baseball, has six-time MLB All-Star Kenny Lofton loving the concept of bringing back situational hitting to the game.

Dimon did not get into the details of Trump's plans, but said it depends on how the duties are implemented.

President Donald Trump says he will soon implement a 10 percent tariff on Chinese imports over the role the country plays in fentanyl trafficking into the U.S.

With markets focused on President Donald Trump's initial policy decisions, an expected strong quarter of earnings reports could take a back seat in the market narrative.

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President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.

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President Trump wasted no time in getting to work on his first day in office with a range of executive orders but the fiscal house he’s inheriting may prove more challenging to fix.

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Meta's attempt to lure creators to its platforms comes as questions remain over the future of its main rival in the US.

The bullishness on business is real at this year's World Economic Forum in Davos, Switzerland.

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J.P. Morgan is setting up a "war room" to keep up and analyze all of the new policy changes coming from the Trump administration.

On his first day back in office, President Donald Trump reiterated plans to impose levies on products from Mexico and Canada despite concerns from the retail industry.

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Southern California residents are being proactive about new fire threats while others are in the process of healing and recovering from what has burned down.

(Bloomberg) -- Over the past two years, the Biden administration struck a careful balance on artificial intelligence. The White House took steps to ensure the US stayed ahead of China in developing the technology while also trying to address some of AI’s many potential risks.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul

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Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States. President Donald Trump gathered the leaders of the "Stargate" effort at the White House on Tuesday to announce the deal, saying it was intended to help keep the United States ahead of China and other rivals in the global AI race, using chips from Nvidia. Since 2019, Microsoft has had arrangements with OpenAI that gave the Redmond, Washington-based company the exclusive right to build new computing infrastructure for OpenAI.

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Son Chang-wan was in office while works were undertaken at Muan International Airport. Last month, a plane crashed into a concrete barrier there, killing 179 people.

(Bloomberg) -- Europe’s stock benchmark edged closer to a record high and US equity futures gained as optimism over more artificial intelligence spending under Donald Trump offset uncertainties over looming tariffs.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsWhat LA’s Fir

(Bloomberg) -- Chinese stocks fell after US President Donald Trump said his threat to impose 10% tariffs on the nation’s goods was still being considered and may take place next month.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsWhat LA’s Fires Mean for the City’s Housing

Borrowing - the difference between spending and tax revenue- was £17.8bn last month.