Rare earths are needed for everything from consumer electronics to electric vehicles, wind turbines and fighter jets – and China controls the supply chain. In the third of a four-part series, we look at how Beijing’s dominance in the critical minerals is matching up to Washington’s lead in artificial intelligence, as well as how they…
I brought some really cool souvenirs back from my recent trip to New Orleans. A funky dress I spotted at a boutique. A bounty of photos of alligators on my swamp tour. I also brought back something not so cool: two extra pounds. I’m carrying the reminder of beignets and the hurricane cocktail I drank…
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. My trouble with the app that runs my life began this May. In 2020, after losing a full-time job, I became a freelancer. The next year, while continuing to freelance, I started my own…
Berkshire Hathaway’s operating earnings fell by 4% for the quarter versus 2024. Per-share operating income decreased by 4% for the quarter, with no share repurchases over the past year. (Photo by Chip Somodevilla/Getty Images) Getty Images Berkshire Hathaway (BRK/A, BRK/B) reported second-quarter earnings of almost $12.4 billion, well below the $30.3 billion in the same…
We have selected seven of the most interesting and important news stories covering US-China relations from the past few weeks. If you would like to see more of our reporting, please consider subscribing. 1. Trump eyes autumn China trip, but September visit off the table: sources Photo: AFP US President Donald Trump is keen to…
By Stephen Nellis SAN FRANCISCO (Reuters) -Apple CEO Tim Cook signaled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial intelligence by building more data centers or buying a larger player in the segment, a departure from a long practice of fiscal frugality. Apple has struggled to…
Published on August 1, 2025 Booming tech stocks lifted the fortunes of eight of the world’s top 10 wealthiest. Nvidia’s Jensen Huang hit a high mark. Here are the richest people in the world, right now. Nvidia CEO Jensen Huang is now the xxxx Key Takeaways Elon Musk is the richest person in the world,…
Amazon Web Services, the cloud computing division at the e-commerce giant helped power quarterly earnings that beat market expectations (RONNY HARTMANN) Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters roiled by US tariffs. “Massive results seen by Microsoft and Meta further…
Senator Ron Wyden has formally requested Tulsi Gabbard, Director of National Intelligence, to initiate an investigation into the UK’s alleged digital spying practices, raising alarms that British surveillance laws may be compromising the private data of millions of Americans. In a letter, Wyden suggested that Google, alongside Apple, may have been secretly pressured to allow…
In a first, Apple will close one of its retail stores in China after establishing its presence in the country in 2008. The Apple Store in question is the one situated in Dalian City Parkland Mall and it is set to cease operations on August 9. This move signals Apple’s response to a reportedly challenging…