Japan Auto Trade ‘Unfair’, Could Buy More US Oil, Trump Tells Fox News
June 29 By Chang-Ran Kim Japan engages in “unfair” automobile trade with the United States and should increase its imports of U.S. energy resources and other goods to help reduce the U.S. trade deficit, President Donald Trump said in an interview broadcast on Sunday. Tokyo…
Exclusive-Intel’s Top Strategy Officer to Depart This Month
June 28 by Contributor since Intel’s (NASDAQ:INTC) top strategy officer, Safroadu Yeboah-Amankwah, is expected to depart the company this month, Reuters reported, citing two people familiar with the matter, adding that the chipmaker confirmed the move. Yeboah-Amankwah, who joined Intel (NASDAQ:INTC) as chief strategy officer…
Trump Says US Ending Trade Discussions With Canada Over Digital Tax
June 27 By Reuters President Donald Trump said on Friday the U.S. is immediately ending trade talks with Canada in response to the country’s digital services tax on technology companies, calling it a “direct and blatant attack on our country.” “Based on this egregious Tax,…
exas Firm Aims to Build World’s Largest Data Energy Complex With Nuclear, Gas, Solar
June 26 By Timothy Gardner Fermi America, a Texas company co-founded by former U.S. Energy Secretary Rick Perry, aims to build the largest energy and data complex of its kind powered by nuclear, natural gas and solar, it said on Thursday. Fermi plans to partner…
Trump Signals US May Ease Iran Oil Sanction Enforcement to Help Rebuild Country
June 25 By Jeff Mason President Donald Trump said on Wednesday that the U.S. has not given up its maximum pressure on Iran – including restrictions on sales of Iranian oil – but signaled a potential easing in enforcement to help the country rebuild. “They’re…
J.P. Morgan Asset Management Launches Its Largest Active ETF
June 25 By Pritam Biswas and Niket Nishant J.P. Morgan Asset Management launched its largest active exchange-traded fund on Wednesday, anchored by a $2 billion investment from an external client, as the company expands its push into a strategy that is making a strong comeback….
From Cans to Cartons: How Trump’s Metals Duties Affect Packages on Shelves
June 24 By Jessica DiNapoli and Emma Rumney Andy Russick, who sells canned fruit and tomatoes to top U.S. grocers like Kroger, hospitals and schools, shares the stated aim behind U.S. President Donald Trump’s trade war – fighting cheap Chinese imports. Yet when U.S. tariffs…
Exclusive-DeepSeek Aids China’s Military and Evaded Export Controls, US Official Says
June 23 By Michael Martina and Stephen Nellis WASHINGTON/SAN FRANCISCO (Reuters) -AI firm DeepSeek is aiding China’s military and intelligence operations, a senior U.S. official told Reuters, adding that the Chinese tech startup sought to use Southeast Asian shell companies to access high-end semiconductors that…
Gulf States on High Alert After US Strikes Iran’s Nuclear Sites
June 22 By Menna AlaaElDin, Pesha Magid and Maha El Dahan Gulf states, home to multiple U.S. military bases, were on high alert on Sunday with their leaders calling on all parties to exercise maximum restraint following U.S. strikes on Iran that raised the possibility…
Europeans Seek ‘Digital Sovereignty’ as US Tech Firms Embrace Trump
June 21 By Thomas Escritt At a market stall in Berlin run by charity Topio, volunteers help people who want to purge their phones of the influence of U.S. tech firms. Since Donald Trump’s inauguration, the queue for their services has grown. Interest in European-based…
Evacuations ordered for parts of Denali Borough amid wildfire threats
June 20 By Lars Hanson Residents in parts of the Denali Borough have been ordered to evacuate due to increased wildfire activity of the Bear Creek Wildland Fire. Officials issued a “GO” evacuation status Friday for the June Creek Subdivision and Bear Creek Subdivision, located…
Exclusive-USDA Develops Potential Plan to Vaccinate Poultry for Bird Flu
June 20 By Tom Polansek The U.S. Department of Agriculture is considering a potential plan to vaccinate poultry against bird flu for the first time that includes evaluating how it would affect exports, the agency told Reuters this week. The actions advance the government’s assessment…