Business

Canadian ad prompts backlash against Reagan Foundation

Canadian ad prompts backlash against Reagan Foundation

The Ronald Reagan Presidential Foundation and Institute is drawing a volatile mix of blowback and praise for arguing that a Canadian government advertisement playing in U.S. markets misrepresented...

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Intel posts profits as it struggles to regain market share

Intel posts profits as it struggles to regain market share

NEW YORK (AP) — Intel has posted a profit in its first quarterly report since the U.S. government became a major shareholder in the struggling chipmaker. The one-time American tech icon reported ...

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Trump rethinks federal force in San Francisco after tech leaders’ calls

Trump rethinks federal force in San Francisco after tech leaders’ calls

SAN FRANCISCO (AP) — President Donald Trump was geared up for a show of federal force in San Francisco, a city he’s blasted as everything wrong with liberal governance. Then conversations with som...

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European Union accuses Meta, TikTok of breaching transparency rules under the DSA

European Union accuses Meta, TikTok of breaching transparency rules under the DSA

BRUSSELS (AP) — The European Union on Friday said Meta and TitTok had breached their transparency obligations after an investigation that could result in billions of dollars in fines. The inquiry ...

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Wall Street sees major jump in profits, helped by soaring stock prices and deal making

Wall Street sees major jump in profits, helped by soaring stock prices and deal making

NEW YORK (AP) — Wall Street had one of its most profitable quarters ever, if the earnings from four of nation’s biggest banks that reported Tuesday are to be believed; as the companies were helped...

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Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says

Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate t...

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