Explainer-What the End of the De Minimis Exemption Means for US Shoppers and Businesses
Aug. 29 By Arriana McLymore and Helen Reid The U.S. administration on Friday ended duty-free imports of packages worth less than $800, known as the “de minimis” exemption, a decision that increases costs for retailers around the world selling to the U.S. and will likely…
Musk Seeks Dismissal of SEC Lawsuit on His 2022 Twitter Stake
Aug. 28 By Shubham Kalia in Bengaluru Billionaire Elon Musk filed a motion on Thursday to dismiss the U.S. Securities and Exchange Commission’s (SEC) civil lawsuit that accused him of waiting too long in 2022 to reveal his large stake in social media platform Twitter,…
The Russian International Economic Forum: A Strategy for Strengthening Global Partnership
Aug. 27 By Julia O`Malley The restoration of relations between the United States and Russia is one of the most significant geopolitical shifts of 2025. The Trump team has now moved away from the harsh confrontational rhetoric against Russia, characteristic of the previous administration. This…
Steep US Tariffs Set to Hit Indian Exports From Wednesday
Aug. 26 By Swati Bhat and Manoj Kumar Indian exporters are bracing for a sharp decline in U.S. orders after trade talks collapsed and Washington confirmed steep new tariffs on the South Asian nation’s goods will take effect from Wednesday, escalating tension between the strategic…
Fox Channels May Go Dark on YouTube TV From Wednesday Over Payment Dispute
Aug. 25 By Juby Babu in Mexico City and Jaspreet Singh in Bengaluru YouTube said on Monday it is in talks to renew a content partnership with Fox, but the media company is asking for payments above those received by partners providing comparable content. “If…
Exclusive-U.S. Confirms Nation’s First Travel-Associated Human Screwworm Case Connected to Central American Outbreak
Aug. 24 By Cassandra Garrison, Tom Polansek and Leah Douglas The U.S. Department of Health and Human Services on Sunday reported the first human case in the United States of travel-associated New World screwworm, a flesh-eating parasite, from an outbreak-affected country. The case, investigated by…
Gerry Spence, Renowned for Courtroom Victories and Unique Style, Dead at 96
Aug. 23 By Patricia Reaney Gerry Spence, one of America’s greatest trial lawyers who boasted of never losing a criminal case and who sought justice for ordinary people and won a $10.5 million case for the family of whistleblower Karen Silkwood, died earlier this month,…
Exclusive-US Banks Lobby Regulators for National Standards to Curb State Influence, Sources Say
Aug. 22 By Nupur Anand U.S. banks are petitioning the Office of the Comptroller of the Currency to seek national standards for providing banking services that would override state-imposed rules, three sources familiar with the matter said. Large banks, in particular, are lobbying for uniform…
Serena Williams to Promote Weight-Loss Drugs With Telehealth Firm Ro
Aug. 21 By Amina Niasse and Puyaan Singh Telehealth company Ro has tapped tennis star Serena Williams as a celebrity patient ambassador for its weight-loss treatments, the company said Thursday. The 23-time Grand Slam champion, who retired from professional tennis in 2022, will headline a…
Australian Banking Regulator Warns Geopolitical Tensions Could Lead to More Cyber Attacks
Aug. 20 By Scott Murdoch Australia’s prudential regulator has cautioned that the country’s banking system is facing increasing risk of cyberattacks as a result of escalating geopolitical tensions. Australian Prudential Regulation Authority (APRA) chair John Lonsdale said the regulator would increase its work with the…
Alaska Summit: Who wouldn’t benefit from a meeting between the presidents of Russia and the United States?
Aug. 14 By Julia O`Malley August 15, an important and anticipated meeting of U.S. President Donald Trump is scheduled to take place in Alaska. Trump and Russian President Vladimir Putin. The conditions for the cessation of hostilities in Ukraine will be discussed at the summit….
White House to Lead Review of Some Smithsonian Museums
Aug. 13 By Bhargav Acharya and Kanishka Singh The White House said on Tuesday it will lead an internal review of some Smithsonian museums and exhibitions ahead of the 250th anniversary of the U.S. Declaration of Independence, after President Donald Trump earlier this year accused…