Browsing: Business

Washington, October 18, 2025: United Parcel Service (UPS) is facing mounting criticism after a surge in reports that international packages are being destroyed or returned following customs clearance failures in the United States. The developments follow the end of the $800

BRUSSELS, October 11, 2025: The European Commission announced on Friday the addition of six new AI Factories to its growing network, marking a significant step in its efforts to position the European Union as a global hub for artificial intelligence. The expansion brings the total

MARSHALL, Texas, October 11, 2025: A federal jury in Marshall, Texas, has ordered Samsung Electronics to pay $445.5 million in damages to Collision Communications, finding that the South Korean technology company willfully infringed four patents tied to wireless communication standards used in 4G, 5G and

SAN FRANCISCO, October 9, 2025: OpenAI has entered into a multibillion-dollar agreement to purchase high-performance graphics processing units (GPUs) from AMD, marking a significant expansion of its compute capacity as demand for artificial intelligence workloads continues to surge. The deal

Washington, October 7, 2025: U.S. President Donald Trump on Tuesday said that the United States and Canada share a “natural conflict” when it comes to trade, as he hosted Canadian Prime Minister Mark Carney at the White House for high-level

DENVER, October 2, 2025: Pharmacies across Colorado are preparing for possible disruptions in drug supplies and pricing following the federal government’s plan to impose a 100 percent tariff on imported brand-name pharmaceuticals, set to begin this week. The tariff, announced

Washington, October 1, 2025: U.S. President Donald Trump has signed a proclamation imposing new tariffs on imported wood products, including a 10 percent duty on softwood lumber and a 25 percent duty on kitchen cabinets, bathroom vanities and certain types

South Korea and the United States are advancing negotiations on a $350 billion investment package as senior economic officials from both countries meet in New York to finalize the terms of a framework trade agreement reached in July. Korean Finance

Amazon has confirmed plans to close all 19 of its Amazon Fresh grocery stores across the United Kingdom, marking a significant withdrawal from its physical retail grocery operations in the country. The move follows a formal proposal issued by the

Morgan Stanley will begin offering cryptocurrency trading to its retail clients through E*Trade, marking a significant step into the digital assets space by one of the largest U.S. banks. The service is scheduled to launch in the first half of