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News
Fresh Tariffs Steer Trump Administration Into Legal Arena. How The Battle Is Taking Shape
20+ hour, 26+ min ago (579+ words) The Trump administration has been drawn into a legal battle over the latest tariffs it has imposed, just hours after it was notified. Two small businesses have taken up the fight to the courts. They have said the US administration…...
A South Korean Tech Titan Left His Wife. A Massive Divorce Battle Over The Wealth Followed
1+ day, 7+ hour ago (420+ words) In one of South Korea's highest-profile divorce cases, the ex-wife of a tech billionaire failed to win a bigger slice of his wealth. CNN reported that SK GroupChairman Chey Tae-won was ordered by a court to pay his ex-wife, Roh…...
Sam Altman's World Network Just Raised Another $52.5 Million. It's Betting More People Will Need To Prove They're Human
1+ day, 11+ hour ago (610+ words) World Network, the digital identity project backed by OpenAI CEO Sam Altman, has secured $52.5 million in fresh funding as it expands efforts to verify human identities online amid growing concerns over bots, impersonation and deepfakes. The development comes at a…...
Paramount's Acquisition Of Warner Bros. Discovery Had Been Halted. The Company Is Now Delaying It And Its Stock Is Falling
1+ day, 10+ hour ago (403+ words) Paramount Skydance announced it will delay its proposed acquisition of Warner Bros. Discovery to as late as June of next year as it faces legal challenges in the U.S. The company had said it sought to complete the deal by the…...
Venezuela Is Still Reeling From Devastating Twin Earthquakes a Month Ago. Business And Workers Are Struggling To Recover | IBTimes
1+ day, 10+ hour ago (988+ words) While families are still searching for missing loved ones and others are trying to work out where they will live after Venezuela's twin earthquakes on 24 June, many are now facing another challenge: how to earn a living. Scores of businesses…...
The Trump Economy: Less Hiring As Record 105 Million Americans Sit Outside Labor Force
1+ day, 15+ hour ago (151+ words) Recent U.S. labor market data are sending mixed signals, resulting in starkly different headlines about the state of the economy. "Number of Americans not working hits record high under Trump" is the headline chosen by The Independent in a July 22 report…...
EU Says TikTok Allowed Kids To Be Vulnerable To Predators. Now It Might Face Massive Fines
1+ day, 16+ hour ago (486+ words) The European Union has alleged that ByteDance and its social media platform TikTok are breaking online content rules and making children potentially vulnerable to online predators. The bloc is alleging that TikTok violated its content rules by allowing design features…...
Bitcoin ETFs Just Pulled In $1 Billion, It Recovered Only 15% of June's Losses.
1+ day, 15+ hour ago (492+ words) US spot Bitcoin ETFs just posted their best stretch in 11 weeks, stringing together seven straight inflow sessions worth nearly $1 billion through July 22. BlackRock's IBIT swallowed $319.16 million of the $499.05 million added this week alone, topping every single session. Then the music…...
Trump Is Seeking To Rebuild His Global Tariff Program After The SC Knocked It Down. Dozens Of Countries Are Targeted
1+ day, 16+ hour ago (569+ words) President Donald Trump has restored a tariff floor across most U.S. imports, imposing new duties on goods from 60 trading partners after the Supreme Court struck down the legal basis for his earlier global tariff program. The duties of 10% and 12.5% took effect…...
It Was Commonly Believed Almost Two-Thirds Of Americans Owned a Home. The Actual Figure Is Much Lower
2+ day, 10+ hour ago (444+ words) A new study showed that 53% of Americans own a home, a figure that is much lower than the 65% commonly stated. CBS News noted that the traditionally cited rate comes from the U.S. Census Bureau and measures the share of occupied homes…...