President Joe Biden has proposed a tripling of the existing tariff rate on some steel and aluminum imports from China.
Sectors
Netflix to Stop Reporting Subscriber Numbers By 2025; Tells Wall Street to Just Focus on Profits
Netflix's decision to cease reporting quarterly subscriber numbers heralds a shift in focus towards financial metrics like revenue and free cash flow, indicating its evolution beyond the "streaming wars."
US Committee Reveals Secret Brazil Court Orders to Elon Musk's X Regarding Account Suspensions
A US congressional committee revealed classified Brazilian court rulings suspending accounts on the social media platform X, providing insight into choices that have sparked accusations about suspected censorship by the firm and its billionaire owner, Elon Musk.
San Francisco Sues Oakland for Trademark Infringement Over Proposed Airport Name Change
San Francisco has sued the city of Oakland over its plan to rename its airport to "San Francisco Bay Oakland International Airport."
Dubai Struggles to Bounce Back After United Arab Emirates Floods Delayed Airport Flight Schedules
Dubai's major airport announced on Friday that it will limit the number of flights arriving for the next two days as it works to remove a three-day backlog caused by a record storm in the UAE.
Latest News
Paramount's stock experienced a surge in after-hours trading following news of the bid discussions.
EU privacy watchdog suggested that Meta platforms and other major online platforms should provide users with the choice to use their services for free, without the inclusion of targeted advertising.
Trump Media shares closed almost 26% higher on Thursday. Trump Media shares surged by almost 26% on Thursday, marking a second consecutive day of strong gains for the company behind the Truth Social app.
Elon Musk's SpaceX has reportedly partnered with Northrop Grumman on a secret spy satellite project.
The investigation conducted by Which? uncovered cases where labels inaccurately portrayed product origins as British, despite containing ingredients sourced from overseas.
Stability AI has initiated a round of layoffs following the departure of its CEO, Emad Mostaque. Artificial intelligence startup Stability AI has initiated a round of layoffs following the departure of its CEO, Emad Mostaque.
The increase in subscribers has boosted Netflix's total count to 269.6 million, surpassing Wall Street's expected figure of 264.2 million by a significant margin.
X has taken action by suspending the account responsible for the antisemitic posts, citing violations of its policy against abusive profiles.
IMF urges $42 billion aid for Ukraine amid Russia-Ukraine conflict, calling it a barrier to growth; G7 proposes using seized Russian assets.
