Daily News Explorer
Starmer vows to curb 'NIMBY' legal blocks on infrastructure
Jan 22, 2025, 8:56 PM
The government wants to cut the number of legal challenges to infrastructure projects.
LinkedIn accused of using private messages to train AI
Jan 22, 2025, 10:21 PM
The lawsuit accuses LinkedIn of trying to conceal its actions but the firm says the claims are false.
Inside Trump’s Decision to Pardon Ross Ulbricht, the Creator of the Silk Road Drug Marketplace
Jan 22, 2025, 8:06 PM
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.
Canada is central to Trump's tariff talk. The reasons why are varied.
Jan 22, 2025, 12:36 PM
Donald Trump grabbed onto the idea of hitting Canada with tariffs almost immediately after November's election and he hasn't let go since.
Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
Jan 22, 2025, 7:02 PM
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.
'I got a credit card after losing the winter fuel payment'
Jan 22, 2025, 7:02 PM
Pensioners who lost winter fuel money after government changes tell the BBC the last few months have been a struggle.
EU trade chief: Bloc may consider UK joining pan-Europe customs area
Jan 22, 2025, 7:01 PM
The UK re-joining the Pan-Euro-Mediterranean Convention is up for discussion in reset talks, says Maros Sefcovic.
Stock futures are little changed with S&P 500 on three-day winning streak, near record high
Jan 22, 2025, 6:02 PM
Investors are weighing earnings reports and economic data as the bull market for stocks nears new milestones.
As D.E.I. Programs Come Under Attack, Companies Like Costco and Microsoft Forge Ahead
Jan 22, 2025, 11:50 AM
As racial and gender equity programs come under attack, many companies have scaled back. But Costco, Microsoft and others have forged ahead.
Trumps Threatens Tariffs Feb. 1 on Canada, Mexico and China
Jan 22, 2025, 9:16 AM
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.
South Carolina Utility Wants to Sell Unfinished Nuclear Power Site
Jan 22, 2025, 3:18 PM
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.
Stock market today: Nasdaq jumps, S&P 500 nears record as Netflix, 'Stargate' AI project invigorate tech
Jan 22, 2025, 4:23 PM
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.
Reddit Users Boycott X Links After Elon Musk’s Gesture at Inaugural Event
Jan 22, 2025, 3:40 PM
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.
Three major supermarkets hit back at farm tax
Jan 22, 2025, 2:02 PM
Tesco, Aldi and Lidl call for rethink of inheritance levy announced in Budget
Divvy Homes, Once Valued at $2 Billion, Is in Talks to be Sold for Parts
Jan 22, 2025, 1:26 PM
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.
Jamie Dimon says tariffs can be positive for national security, even if inflationary: 'Get over it'
Jan 22, 2025, 12:12 PM
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, tech stocks rally after Trump announces $500 billion Stargate AI project
Jan 22, 2025, 10:39 AM
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.
Stock market today: Nasdaq jumps, S&P 500 eyes fresh record high as Netflix invigorates tech
Jan 22, 2025, 11:36 AM
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.
JPMorgan's Dimon argues tariffs are good for US security even if inflationary: 'Get over it'
Jan 22, 2025, 10:36 AM
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.'
How the Debt Could Hamstring Trump’s Agenda
Jan 22, 2025, 5:01 AM
Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.
Pelosi discloses sales of Nvidia and Apple shares, purchase of Alphabet and Amazon
Jan 22, 2025, 8:30 AM
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.
Ex-MLB All-Star Kenny Lofton praises Sluggball's reimagined approach to the sport: 'Top Golf of baseball'
Jan 22, 2025, 8:20 AM
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.
Jamie Dimon says Trump's tariff policy is positive for national security so people should 'get over it'
Jan 22, 2025, 8:12 AM
Dimon did not get into the details of Trump's plans, but said it depends on how the duties are implemented.
Trump plans 10% tariffs on Chinese imports on Feb. 1
Jan 22, 2025, 7:37 AM
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.
Expect a Trump-driven 'policy fog' to overshadow a strong corporate earnings season
Jan 22, 2025, 6:00 AM
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.
Stock market today: Nasdaq jumps to lead US futures higher as Netflix soars, AI buzz returns
Jan 22, 2025, 7:05 AM
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.
Trump inheriting fiscal gauntlet
Jan 22, 2025, 7:00 AM
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.
TikTokers offered $5,000 to join Facebook and Instagram
Jan 22, 2025, 6:40 AM
Meta's attempt to lure creators to its platforms comes as questions remain over the future of its main rival in the US.
Trump effect, crypto vibes, and more from Davos 2025
Jan 22, 2025, 6:00 AM
The bullishness on business is real at this year's World Economic Forum in Davos, Switzerland.
JPMorgan setting up a 'war room' to keep up with Trump's policy changes
Jan 22, 2025, 6:00 AM
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.
Trump's tariffs on Mexico, Canada: Companies that have raised alarms
Jan 22, 2025, 6:00 AM
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.
Dogs visit FEMA centers to comfort those impacted by Southern California wildfires
Jan 21, 2025, 3:10 AM
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.
Trump pushes to make US an AI superpower, with fewer guardrails
Jan 22, 2025, 4:28 AM
(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
Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture
Jan 21, 2025, 8:29 PM
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.
Ex-Executive Who Oversaw South Korean Airport Renovations Is Found Dead
Jan 22, 2025, 4:19 AM
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.
Stocks Rise as Trump’s AI Plan Offsets Tariff Risk: Markets Wrap
Jan 22, 2025, 3:11 AM
(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
Chinese stocks drop after Trump says 10% tariffs still on table
Jan 21, 2025, 10:13 PM
(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
Government borrowing hits highest December level for four years
Jan 22, 2025, 2:06 AM
Borrowing - the difference between spending and tax revenue- was £17.8bn last month.