World News
What Trump’s Nvidia and AMD China deal means for the world
Nvidia and AMD have agreed to share 15% of their revenue from sales to China with the U.S. government, the White House confirmed Monday, sparking debate about whether the move could affect the chip giants’ business and whether Washington might seek similar deals. In exchange for the revenue cut, the…
Read More »A top Federal Reserve official says bleak jobs data backs the case for 3 rate cuts
NEW YORK — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower. Michelle Bowman was one of two Fed officials who voted a week and a half ago in…
Read More »Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more
Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which opened the first new Bed Bath & Beyond store in Nashville, Tennessee, on Friday with potentially dozens of more to come. This time…
Read More »Lawsuit accuses Apple of stealing trade secrets to create Apple Pay
Apple has been sued by a Texas company that accused the iPhone maker of stealing its technology to create its lucrative mobile wallet Apple Pay. In a complaint made public on Thursday, Fintiv said Apple Pay’s key features were based on technology developed by CorFire, which Fintiv bought in 2014,…
Read More »Trump demands resignation of Intel CEO over alleged China ties
President Donald Trump on Thursday demanded that the CEO of the tech firm Intel resign immediately, saying he is “highly conflicted” because of alleged ties to China. “There is no other solution to this problem,” Trump wrote on Truth Social. Trump’s attack on the Intel chief is his latest attempt…
Read More »Claire’s, known for piercing millions of teens’ ears, files for Chapter 11
Mall-based teen accessories retailer Claire’s, known for helping usher millions of teens into an important rite of passage — ear piercing — but now struggling with a big debt load and changing consumer tastes, has filed for Chapter 11 bankruptcy protection. Claire’s Holdings LLC and certain of its U.S. and…
Read More »Tim Cook to join Trump at White House for Apple investment announcement
Apple CEO Tim Cook will join President Donald Trump on Wednesday for an event touting what the White House calls a new $100 billion investment commitment by the tech giant in the U.S. The announcement in the Oval Office, set for 4:30 p.m. ET, includes Apple’s commitment to a new…
Read More »Fox One streaming service to launch ahead of NFL season on Aug. 21, at $19.99 per month
Fox Corp. will launch its direct-to-consumer streaming service, Fox One, on Aug. 21, ahead of the NFL season, the company said Tuesday. The new streaming service will cost $19.99 per month, and pay TV subscribers will receive access for free, said CEO Lachlan Murdoch during the company’s earnings call. Fox…
Read More »Murdoch to provide Trump health updates in deal to delay Epstein case deposition
Conservative media baron Rupert Murdoch will give President Donald Trump regular updates on his health as part of an agreement to postpone Murdoch’s deposition in Trump’s $10 billion defamation lawsuit against him over a Wall Street Journal article about late sex offender Jeffrey Epstein. The unusual stipulation comes a week…
Read More »U.S. farm agency allows six more states to bar some items from food aid
WASHINGTON — The Agriculture Department allowed six additional states Monday to bar participants in the Supplemental Nutrition Assistance Program from using their benefits to buy certain processed foods, such as sodas and candy. The SNAP waivers for West Virginia, Florida, Colorado, Louisiana, Oklahoma and Texas amend the statutory definition of…
Read More »
I made memes for the White House. Here’s what I learned
‘oMg, diD tHe wHiTE hOuSE reALLy PosT tHis?’ That became one of the most …
