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Biden Warns of Rising Oligarchy in Farewell Address

In his farewell address, President Biden warned of rising oligarchy threatening democracy and urged Americans to defend democratic values.

Jan 16, 2025 12:52 AM EST


JPMorgan Chase Reports Record Profits Amid Strong Banking Sector Performance

JPMorgan Chase reports record $54 billion annual profit in 2024, driven by strong investment banking, trading, and consumer banking performance.

Jan 15, 2025 3:06 PM EST


Southern California Faces 'Particularly Dangerous Situation' Red Flag Warning

Southern California faces a rare "Particularly Dangerous Situation" red flag warning, with strong Santa Ana winds and low humidity heightening wildfire risks. Residents urged to prepare for potential evacuations.

Jan 15, 2025 2:40 PM EST


Brown-Forman to Cut Workforce, Close Barrel-Making Plant Amid Industry Challenges

Brown-Forman plans workforce reductions and the closure of a Kentucky barrel-making facility, citing cost challenges and evolving whiskey market dynamics.

Jan 14, 2025 3:07 PM EST


Biden Signs Executive Order to Boost AI Infrastructure

President Biden's executive order prioritizes AI infrastructure development, sustainability, and ethical guidelines, solidifying U.S. leadership in global AI innovation.

Jan 14, 2025 2:51 PM EST


As TikTok Ban Looms, Chinese App RedNote Races To No. 1 Spot On Apple App Store

The situation has become increasingly ironic, with users flocking to a Chinese app even as the U.S. government seeks to ban TikTok over concerns of data theft by China. Users are laughing at the paradox of trying to avoid one Chinese app by embracing another.

Jan 14, 2025 8:14 AM EST


One Million Americans Set To Receive IRS Stimulus Checks—Here's What To Know

Eligible taxpayers could receive up to a maximum of $1,400 from the IRS.

Jan 14, 2025 8:11 AM EST


China Weighs TikTok US Sale To Elon Musk As Ban Looms: Reports

Chinese authorities are in talks to sell TikTok's US operations to Elon Musk as the app faces a looming ban. Musk's ties to President-elect Donald Trump could facilitate the deal.

Jan 14, 2025 3:53 AM EST


Supreme Court Declines to Hear Oil Companies' Appeal in Climate Lawsuits

he U.S. Supreme Court declined to hear oil companies' appeal to block climate change lawsuits, allowing cases like Honolulu's to proceed in state courts.

Jan 13, 2025 1:20 PM EST


Biden Administration Proposes New AI Chip Export Rules to Curb Technology Access for Rivals

The Biden administration unveiled new export controls targeting advanced AI chip technology to prevent adversarial nations, like China, from acquiring critical military applications. The move has sparked industry concerns.

Jan 13, 2025 1:11 PM EST


Moderna Stock Poised For Another Drop After Shaving Nearly $1 Billion Off Earnings Estimates

The drug maker's stock plunged more than 17% in pre-market trading after slashing its sales outlook.

Jan 13, 2025 9:11 AM EST


Apple Urges Shareholders to Reject Proposal Criticising Diversity Efforts

Apple investors express concerns over the company's diversity initiatives, reflecting broader industry debates on inclusivity and corporate responsibility in tech.

Jan 13, 2025 8:43 AM EST


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