News
Americans are losing millions of dollars every year to criminals who steal money from their bank accounts through fraudulent wire transfers. Some U.S. senators are now pressing major banks for answers about what they are doing to stop the scammers. In a letter to JP Morgan Chase, Citibank, Bank of America and Wells Fargo,…
The Hong Kong market is riding a wave of optimism after a series of high-profile listings by mainland firms, and one eye-catching factor has been the success of firms in the consumer and retail services sector. Indeed, since 2024, that segment has led the way among Hong Kong initial public offerings (IPOs) in terms of…
The United States, Japan, India and Australia have pledged to work together to ensure a stable supply of critical minerals, as worries grow over China’s dominance in resources vital to new technologies. The four countries said in a joint statement that they were establishing the Quad Critical Minerals Initiative, aimed at “collaborating on securing and…
WASHINGTON (AP) — Republican leaders in the House are sprinting toward a Wednesday vote on President Donald Trump’s tax and spending cuts package, determined to seize momentum from a hard-fought vote in the Senate while essentially daring members to defy their party’s leader and vote against it. “The American people gave us a clear mandate,…
Sleep-deprived new parents are increasingly turning to weighted sleep sacks and blankets to help their infants sleep better and longer. But the American Academy of Pediatrics and the Consumer Product Safety Commission have raised serious safety concerns. The AAP says these products are unsafe for infants, and the CPSC told CBS News investigating “multiple fatalities…
PORTLAND Ore. (KPTV) – Federal authorities have charged two Chinese nationals with acting as unregistered agents of the Chinese government in an alleged plot to infiltrate the U.S. military and collect national security intelligence on behalf of China’s Ministry of State Security (MSS), the country’s primary intelligence agency. “Chen with “Associate #1″ (his wife), and…
On The Ground newsletter: Get a weekly dispatch from our international correspondents Get a weekly dispatch from our international correspondents Get a weekly international news dispatch Temperatures have soared to 46C in Spain as an “extreme heatwave” continues to grip much of Europe, triggering a series of weather alerts across the continent. The continent is…
The son of notorious Mexican drug kingpin “El Chapo” intends to plead guilty to drug trafficking charges in the U.S., according to court documents filed Tuesday. Prosecutors allege Ovidio Guzman Lopez, along with his brother, Joaquin Guzman Lopez, ran a faction of the cartel known as the “Chapitos,” or little Chapos, that exported fentanyl to…
This is an audio transcript of the FT News Briefing podcast episode: ‘Hong Kong’s bull run leaves China in the dust’ Sonja HutsonGood morning from the Financial Times. Today is Wednesday, July 2nd, and this is your FT News Briefing. The UK government got its welfare bill over the line, but only after huge concessions….
Tesla increases the CLTC claimed range of its two most popular models in China without enlarging their batteries. The Model 3 LR AWD also gets a $1,400 price hike as a result, while the equivalent Model Y doesn’t. This seems like a desperate effort to stop the sales decline, but it’s probably too little, too…