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China is intent on overtaking the US to lead the world in AI

China is intent on overtaking the US to lead the world in AI

America faces a threat to its tech dominance, with unpredictable military repercussions

Published 1 second ago

Volkswagen’s governance reforms fail to impress

Volkswagen’s governance reforms fail to impress

Carmaker promises to raise its game as criticism mounts again in wake of scandal

Published 1 second ago

Google Earnings Hit by European Fine

Google Earnings Hit by European Fine

Alphabet reported sales and profit surpassing analysts’ estimates, a sign that its strength in online ads will help offset the impact of European regulations for online privacy and perceived abuses of its position in the market.

Published 2 months ago

Foreign takeovers of UK companies to face increased scrutiny

Foreign takeovers of UK companies to face increased scrutiny

Nato allies fear that China and other rivals of the west may buy sensitive technology

Published 1 second ago

Satellite Images Indicate North Korea Has Started Dismantling Primary Nuclear Test Site

Satellite Images Indicate North Korea Has Started Dismantling Primary Nuclear Test Site

North Korea has begun taking down its main satellite launch facility, an apparent confidence-building measure by Pyongyang amid concerns about the slow pace of progress on dismantling the country’s nuclear weapons programs.

Published 2 months ago

Alphabet shrugs off EU fine as earnings beat expectations

Alphabet shrugs off EU fine as earnings beat expectations

Shares jump as net revenues rise at fastest pace in 4 years

Published 1 second ago

Church Becomes Target in Nicaragua Crisis

Church Becomes Target in Nicaragua Crisis

Clerics and churches have been attacked in Nicaragua, putting the Catholic Church, the oldest and most prestigious institution in the country, on the front lines of a deadly fight between protesters and President Daniel Ortega.

Published 2 months ago

Highflying Medical Firm, a Help to Wounded Veterans, Falls to Earth

Highflying Medical Firm, a Help to Wounded Veterans, Falls to Earth

MiMedx drove sales of its tissue grafts through means that included “channel stuffing,” and it brooked little criticism, some former employees allege. The company is doing an internal investigation and preparing to restate financial results back to 2012.

Published 2 months ago

EU Counts on Top Official to Try to Calm U.S. Trade Fight

EU Counts on Top Official to Try to Calm U.S. Trade Fight

The EU is cautiously betting on Jean-Claude Juncker, its unconventional top official, to persuade President Trump not to escalate the trans-Atlantic trade fight.

Published 2 months ago

Senate Confirms Robert Wilkie as Secretary of Veterans Affairs

Senate Confirms Robert Wilkie as Secretary of Veterans Affairs

Robert Wilkie, a Washington insider and longtime Defense Department official, was confirmed with a vote of 86-9 as the new secretary of the Department of Veterans Affairs.

Published 2 months ago

Nike to Adjust Pay for Thousands of Staffers After Internal Review

Nike to Adjust Pay for Thousands of Staffers After Internal Review

Nike is raising salaries for more than 7,000 employees after an internal pay review and changing how it awards annual bonuses to its global staff, part of a broad overhaul of compensation at the sportswear giant.

Published 2 months ago

Record 71% of Voters Oppose Overturning Roe v. Wade

Record 71% of Voters Oppose Overturning Roe v. Wade

As the Senate nears debate on a new Supreme Court nominee who could give the panel a conservative edge, a majority of voters say they are increasingly opposed to undermining a woman’s right to have an abortion.

Published 2 months ago

U.S. Existing-Home Sales Tumbled Again in June

U.S. Existing-Home Sales Tumbled Again in June

This year’s slump in housing-market sales is defying the strongest period for U.S. growth in years, the latest sign that the economic expansion faces headwinds.

Published 2 months ago

Alphabet shares climb on surprise drop in costs

Alphabet shares climb on surprise drop in costs

Net profit rises 32% to $8.2bn in latest quarter after fines are excluded

Published 1 second ago

Google Earnings Hit by European Fine

Google Earnings Hit by European Fine

Google parent Alphabet reported a 9.3% drop in second-quarter earnings, hurt by the record fine by European regulators, but shares jump on rising ad sales.

Published 2 months ago