Adnan Rasheed
WASHINGTON — The United States will host a Qatari Emiri Air Force facility at Mountain Home Air Force Base in Idaho under a new defense cooperation agreement, Defense Secretary Pete Hegseth announced Friday. Speaking alongside Qatari Minister of Defense Sheikh Saoud bin Abdulrahman Al Thani at the Pentagon, Hegseth said the facility will allow Qatari … Read more
NEW YORK — US stocks fell sharply Friday after former President Donald Trump threatened to impose significantly higher tariffs on Chinese imports, accusing Beijing of “becoming very hostile” and tightening control over its rare earth metal exports. The Dow Jones Industrial Average dropped 449 points, or roughly 1%, in a sudden midday selloff that erased … Read more
BEIJING— China has blacklisted Canadian semiconductor research firm TechInsights, barring the company from working with or obtaining data from Chinese entities in a move that underscores Beijing’s tightening control over information related to its chip industry. The Ministry of Commerce announced Thursday that TechInsights and several of its subsidiaries were added to China’s “unreliable entity … Read more
OSLO, Norway (AP) — Venezuelan opposition leader Maria Corina Machado has been awarded the 2025 Nobel Peace Prize for her long standing fight to defend democratic rights and lead a peaceful movement for political transition in Venezuela, the Norwegian Nobel Committee announced Friday. “When authoritarians seize power, it is crucial to recognize courageous defenders of … Read more
Nvidia Corp. Chief Executive Officer Jensen Huang reacted to the AMD OpenAI deal, calling it “imaginative” but “surprising” after Advanced Micro Devices Inc. offered OpenAI a warrant for up to 160 million AMD shares roughly 10% of the company. Speaking on CNBC’s Squawk Box on Wednesday, Huang said he was taken aback by AMD’s move … Read more
Alexandria, Va. — New York Attorney General Letitia James, who gained national prominence for winning a civil fraud case against former President Donald Trump, was indicted Thursday on two federal felony counts related to a 2023 mortgage she obtained in Virginia. A federal grand jury in Alexandria charged Letitia James with bank fraud and making … Read more
A widespread Microsoft outage that disrupted the company’s productivity software suite on Thursday appeared to be easing by late afternoon, according to outage tracking website Downdetector.com. The issue, which affected tools such as Microsoft Teams and Exchange Online, left tens of thousands of users unable to access essential services for several hours. Downdetector reported that … Read more
ATLANTA — Delta Air Lines reported stronger than expected third quarter earnings on Thursday, signaling renewed strength in air travel demand and improved corporate bookings after a challenging start to the year. The carrier’s chief executive, Ed Bastian, said the airline’s “significant improvement” in revenue outlook positions it for one of its most profitable fourth … Read more
European stocks opened lower Thursday, retreating from Recent Record High, as investors weighed the risk of a market correction and sought safer assets amid global uncertainty. Gold remained above $4,000 for the first time, reflecting heightened demand for safe haven assets amid a weaker dollar and geopolitical tensions. Wall Street hit fresh record highs in … Read more
BEIJING — China on Thursday announced a significant tightening of its rare earth export controls, expanding restrictions on key processing technologies and specifying new limits on exports to overseas defense and semiconductor users. The move, unveiled by the Ministry of Commerce, underscores Beijing’s growing determination to wield its dominance in critical mineral supply chains as … Read more
