Business
Trump plans tariffs on imported generic drugs to reshore production
President Donald Trump announced plans to impose steep tariffs on imported generic drugs to force pharmaceutical companies to reshore production into America.
Trump promotes child investment accounts amid funding delays
The Trump administration is championing a government-backed investment initiative for children, though some parents report delays in receiving seed funds.
UK inflation falls to 2.6% in June amid lower food and fuel prices
The UK inflation rate has fallen to 2.6% in June, driven by a dip in transport and grocery prices, though economists warn of a potential 'false dawn'.
Judge approves Anthropic $1.5 billion settlement over book piracy
A federal judge has granted final approval to a $1.5 billion settlement involving AI company Anthropic over the use of pirated books.
Car dealership startup costs can range from $30,000 to six figures
From state licensing and surety bonds to inventory procurement, launching a car dealership requires significant upfront capital and ongoing operational reserves.
China weighs tighter export controls on AI models and chips
Chinese regulators are considering new restrictions on the overseas transfer of AI model weights and semiconductor designs, treating cutting-edge tech as a strategic asset.
Meta platforms Facebook, Instagram and Messenger suffer widespread outage
Meta has confirmed the restoration of services after a technical failure disrupted Facebook, Instagram and WhatsApp. The company addressed the issues via social media after Downdetector reported spikes in user error reports.
Extortion emails claiming stolen data are mass-sent scams to watch for
Cybersecurity experts warn that extortion emails threatening to leak private data are automated scams designed to trigger panic. Learn why these claims are fabricated and why recipients should never pay the ransom.
Bezos visits Australia
Bezos visits Australia
Emirates cancels UAE flights
Emirates cancels UAE flights
Unifor reaches tentative contract agreement with Ford Canada for 5,150 workers
The agreement includes significant wage increases and capital investments for Ford facilities, serving as a pattern for talks with General Motors and Stellantis.
National Lottery triggers £9.5m Lotto jackpot rolldown on July 18
A £9.5m Lotto jackpot was distributed among lower-tier winners after no player matched all six main numbers. The rolldown event paid out over £13.2million across nearly two million entries.
China warns UK over British Steel nationalisation, demands fair resolution
The Chinese government has demanded a fair resolution after the UK nationalised British Steel to protect national security and prevent the loss of 4,000 jobs.
WestJet strike may not be covered by new travel insurance policies
Travel experts warn that insurance policies purchased after the CUPE strike vote may not reimburse losses if WestJet flights are grounded. Passengers may still be eligible for airline refunds or EU compensation.
FAQs: DBS yuu Card, yuu Points and 10 mpd at yuu merchants
The DBS yuu Card provides up to 10 mpd or an 18% rebate based on a tiered reward structure. Cardholders must meet a minimum spend and merchant requirement to unlock full bonuses.
EIA releases daily wholesale and retail energy prices for July 17
The U.S. Energy Information Administration provides a daily snapshot of wholesale and retail energy prices, including key profitability metrics for the energy sector.
Trump Media pitched $100,000 monthly fee for fast feed of president’s posts
Trump Media & Technology Group is launching a high-cost data feed to monetize the market-moving influence of the president's Truth Social posts.
Apple dethrones Nvidia to regain title of world’s most valuable company
Apple has reclaimed the top spot in global market valuation, signaling a shift in investor sentiment from AI infrastructure toward the application layer.
SpaceX stock falls below IPO price and loses $1 trillion in market value
Shares of SpaceX have dipped below their initial offering price for the first time following a volatile period and operational setbacks. The company faces pressure as investors weigh AI expenditures against Starlink's profitability.
SpaceX Falcon 9 booster sets longevity record with 31st flight
A SpaceX Falcon 9 first-stage booster established a new company record by successfully completing its 31st mission. The flight carried 28 Starlink satellites into orbit.