WASHINGTON — Air travel across the United States came under severe strain on Sunday as more than 8,000 flights were delayed, according to flight tracking data, marking one of the worst days for travelers since the government shutdown began nearly a month ago. Federal Aviation Administration officials cited widespread air traffic controller absences and mounting … Read more
BEIJING — China industrial profit growth accelerated sharply in September, rising 21.6 percent from a year earlier the biggest increase in nearly two years, according to data released Monday by the National Bureau of Statistics (NBS). The surge follows a 20.4 percent gain in August and signals that Beijing’s campaign to stabilize factory margins is … Read more
US stock futures rose Sunday, while major Asian markets climbed Monday morning after officials from the United States and China reached a framework for a long awaited trade deal, easing fears of new tariffs and offering a rare moment of optimism for global investors. As of 6:29 pm ET Sunday, Dow futures were up 0.65%, … Read more
LAGOS, Nigeria — Nigeria’s Dangote oil refinery, already the largest in Africa, is planning an ambitious expansion that could make it the biggest oil refinery in the world within three years, according to its owner, billionaire industrialist Aliko Dangote. “We are more than doubling the barrels per day from 650,000 to 1.4 million,” Dangote said … Read more
PayPal users have been warned of a new phishing campaign in which cybercriminals send fake invoices from genuine PayPal email addresses, prompting recipients to call fraudulent phone numbers or provide personal information. PayPal itself has issued a “do not pay, do not phone” warning, advising customers to remain vigilant against the evolving threat. Gmail users … Read more
KUALA LUMPUR — The United States and China reached a framework for a trade agreement on Sunday, a move both sides described as a step toward easing long standing tensions before an anticipated meeting between US President Donald Trump and Chinese President Xi Jinping later this week. US Treasury Secretary Scott Bessent and Trade Representative … Read more
Dustin Moskovitz, co-founder of Meta Platforms and work management software company Asana, has opened up about the personal toll of leading a company for more than a decade. In a recent interview, Moskovitz described his 13 year tenure as CEO of Asana as “exhausting,” reflecting on the emotional demands of leadership and the challenges of … Read more
LONDON (TECHY QUANTUM) — Arm Holdings, the British semiconductor design firm now listed on Nasdaq under the ticker ARM, is emerging as one of the most promising technology stocks for long term investors. As the global race to develop artificial intelligence systems accelerates, Arm’s power efficient chip designs are gaining widespread traction across mobile devices, … Read more
Investor anxiety surrounding OpenAI’s growing influence in the internet ecosystem especially its perceived threat to Google may be exaggerated, according to a new research note from Mizuho. The firm’s analyst Lloyd Walmsley said in a report that concerns about OpenAI’s potential to upend established tech giants echo past fears of disruption that ultimately did not … Read more
WASHINGTON — The United States and Vietnam are moving toward finalizing a trade agreement that could reshape the economic relationship between the two nations, the White House said Sunday. The deal, which is expected to be completed in the coming weeks, will set reciprocal tariffs ranging from zero to twenty percent and may remove some … Read more