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U.S. Senate debates whether to adopt revised state AI regulation ban

U.S. Senate debates whether to adopt revised state AI regulation ban

U.S. Commerce Secretary Howard Lutnick voiced his support for the revised measure, calling it a pragmatic compromise [File] | Photo Credit: REUTERS Two key U.S. Republican senators agreed to a revised federal moratorium on state regulation of...

U.S. News & World Report Unveils The 2025-2026 Best Companies To Work For: Private Companies

U.S. News & World Report Unveils The 2025-2026 Best Companies To Work For: Private Companies

(MENAFN- PR Newswire) The latest ratings spotlight private companies that meet employee needs best across 14 industries, including Aerospace and Defense, IT and Health Care. WASHINGTON, July 1, 2025 /PRNewswire/ -- U.S. News & World Report, the...

U.S. startup offers tin oxide, nickel oxide materials for flexible perovskite solar cells, modules

U.S. startup offers tin oxide, nickel oxide materials for flexible perovskite solar cells, modules

Sofab Inks, a spinoff of University of Louisville in the United States, says its transport layer materials enable perovskite solar cells with greater stability, efficiency, and scalability compared to incumbent materials. July 1, 2025 Valerie...

United States surpasses China to become Taiwan's top export destination

United States surpasses China to become Taiwan's top export destination

Taipei : The United States surpassing China as Taiwan's top export destination could stimulate long-term industrial development and wage growth, given the strength of the US economy, said Chiou Jiunn-rong, an economics professor at National...

U.S. stock market push further into record heights

U.S. stock market push further into record heights

NEW YORK (AP) — The U.S. stock market added to its record on Monday as Wall Street closed out a second straight winning month. The S&P 500 rose 0.5% in its first trading after completing a stunning recovery from its springtime sell-off of roughly...

U.S. Senate’s marathon voting session on Trump’s big bill enters second day

U.S. Senate’s marathon voting session on Trump’s big bill enters second day

Open this photo in gallery:Senate staffers work in front of the U.S. Capitol as Republican lawmakers struggle to pass U.S. President Donald Trump's sweeping spending and tax bill on Monday.Nathan Howard/Reuters The Senate’s long day of voting...

Massive Ahold Delhaize data breach sees 2.2 million people's data exposed in ransomware attacks against major U.S. food retailer

Massive Ahold Delhaize data breach sees 2.2 million people's data exposed in ransomware attacks against major U.S. food retailer

A heads up for readers in the U.S. if you haven't changed your passwords since last November, you might just want to get on that. One of the most common ways hackers can gain access to your accounts is by data breaches, where a website's private...

Luckin Coffee opens its first U.S. shops

Luckin Coffee opens its first U.S. shops

Luckin Coffee opened two new shops in New York City, according to social media posts. | Photo: Shutterstock. We’re about to find out just how receptive U.S. consumers will be to one of the fastest-growing chains in the world. Luckin Coffee on...

Some banks say Trump's 'big, beautiful bill' will be a boon for the U.S. economy

Some banks say Trump's 'big, beautiful bill' will be a boon for the U.S. economy

The U.S. Capitol in Washington, D.C. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump's "big, beautiful bill" — or officially, the One Big Beautiful Bill Act (OBBBA) — is a controversial piece of legislation, but some banks are in...

This treaty has fueled U.S.-Mexico trade. Trump could soon seek changes to it

This treaty has fueled U.S.-Mexico trade. Trump could soon seek changes to it

The United States, Mexico and Canada are looking toward a possible renegotiation of the trade agreement that binds them, as business leaders on both sides of the U.S.-Mexico border hope their largely tariff-free trade relationship can stand. Ken...

Asian shares are mostly higher, tracking U.S. rally into record heights

Asian shares are mostly higher, tracking U.S. rally into record heights

MANILA--Asian shares are mostly higher after U.S. stocks added to their records with the close of a second straight winning month. U.S. futures and oil prices were lower. Japan’s Nikkei 225 fell 1.2% to 40,003.24 despite positive results of the...

Hemispherian Receives U.S. FDA Orphan Drug Designation for GLIX1 for the Treatment of Malignant Glioma

Hemispherian Receives U.S. FDA Orphan Drug Designation for GLIX1 for the Treatment of Malignant Glioma

OSLO, Norway, July 1, 2025 /PRNewswire/ -- Hemispherian AS, a pioneering biotech company developing next-generation therapeutics for aggressive cancers, announced today that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug...

Economic Watch: U.S. companies leverage China's market, supply chain, innovation boom

TIANJIN, July 1 (Xinhua) -- As a barometer of global economic shifts and industrial transformation, the 2025 Summer Davos Forum held in north China's harbor city of Tianjin has drawn renewed attention to the country's evolving role in the world...

U.S. and Canada resume trade talks after conflict over digital services tax

On Jun. 29, Carney called Trump, and shortly after Ottawa announced it was eliminating the tax. Canada and the United States restarted trade talks on Jun. 30 after Prime Minister Mark Carney’s government agreed to drop Canada’s digital services...

U.S. refining capacity largely unchanged as of January 2025

According to our latest annual Refinery Capacity Report, U.S. operable atmospheric distillation capacity, the primary measure of refinery capacity, totaled 18.4 million barrels per calendar day (b/cd) on January 1, 2025—essentially flat compared...

PETER ROFF: A New Opportunity For A New Direction At The U.S. Postal Service

PETER ROFF: A New Opportunity For A New Direction At The U.S. Postal Service

The people who run the best companies know the pathway to success lies in a focus on core competencies. Do what they are designed to do, keeping the first thing “the first thing” is a form of competitive advantage that no one has found a way to...

Consumption, financials, and infra lead India’s tactical playbook for H2 2025: Vinay Jaising

Consumption, financials, and infra lead India’s tactical playbook for H2 2025: Vinay Jaising

Despite geopolitical tensions and a recent downgrade of the U.S. credit rating by Moody’s, global equity markets continue to defy expectations. Most indices, excluding Europe, have posted gains of 1–2% over the past month, with many trading near...

S. Korea's online shopping rises 0.9 pct in May

SEOUL, July 1 (Xinhua) -- South Korea's online shopping rose in single digits in May due to strong demand for food and food delivery service, statistical office data showed Tuesday. Shopping in cyberspace added 0.9 percent to 22.49 trillion won...

Congress leader Jairam Ramesh flags 'withdrawal' of NITI Aayog's working paper on Indo-U.S. trade

Congress leader Jairam Ramesh flags 'withdrawal' of NITI Aayog's working paper on Indo-U.S. trade

Congress leader Jairam Ramesh claimed on Monday (June 30, 2025) that government think-tank NITI Aayog has withdrawn a working paper on Indo-U.S. agriculture trade relations. He claimed that the NITI Aayog paper called for allowing duty-free import...

First Clean Seas facility in the United States

First Clean Seas facility in the United States

KANAWHA COUNTY, W.Va. (WSAZ) - Clean Seas is a company dedicated to transforming plastic waste into sustainable energy solution. Their first plastic conversion network hub in the United States is located right here in West Virginia. West Virginia...

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