Biotechnology giant Amgen has agreed to a $74 million settlement in a shareholder lawsuit alleging that the company delayed disclosing a potential $10.7 billion tax liability linked to claims of underreported taxes. The proposed settlement, filed in a federal court in Manhattan, still requires approval from a judge before becoming final.......
Artificial intelligence company Anthropic has reached a landmark $1.5 billion settlement with a group of authors and publishers over allegations that copyrighted books were used without authorization to train its Claude chatbot. The settlement, approved by a U.S. federal court, is considered one of the largest known agreements arising from......
The United States is preparing for the possibility of a new round of tariffs targeting several trading partners, raising concerns that global trade tensions could intensify under President Donald Trump’s administration. U.S. Trade Representative Jamieson Greer indicated that new trade measures could be announced soon, although he did......
Canadian Prime Minister Mark Carney said he and US President Donald Trump have agreed to accelerate trade negotiations following renewed tariff tensions between the two countries. The discussions come as Ottawa seeks to prevent further trade disruptions while keeping diplomatic channels open with its largest economic partner. The announcement......
The United States government has suspended more than $1 billion in Medicaid payments to California and Minnesota, citing concerns over suspected fraud and regulatory noncompliance, according to Health Secretary Robert F. Kennedy Jr. The decision marks a significant intervention by the Trump administration into the federal healthcare funding......
Elon Musk’s personal fortune has fallen below the $800 billion mark following another setback involving Starship, the next-generation spacecraft developed by his aerospace company SpaceX. According to the Bloomberg Billionaires Index, Musk’s wealth dropped by approximately $40.7 billion in the latest trading session, bringing......
A group of 25 U.S. lawmakers has urged President Donald Trump to respond more aggressively to the European Union's digital regulatory framework, arguing that the bloc's technology rules disproportionately affect American companies and could warrant formal trade action. The appeal adds a new dimension to the ongoing transatlantic debate......
The United States is preparing a new round of tariff measures that could affect approximately 60 economies, according to a senior White House trade official, signaling another potential escalation in Washington's evolving trade strategy. The announcement suggests the administration is moving closer to replacing temporary import duties......
Intel is preparing another round of workforce reductions as the US semiconductor giant moves forward with a broad restructuring aimed at improving efficiency and strengthening its competitive position in the technology sector. The latest cuts are expected to affect the company’s data center division, according to reports citing an Intel......
The administration of U.S. President Donald Trump is reportedly considering ending its relationship with the United Nations refugee agency, according to sources cited by Reuters, raising concerns about the future of U.S. support for international refugee protection efforts. The United States has historically been one of the largest financial......
Spanish hospitality giant Meliá Hotels International has announced it will end all of its remaining operations in Cuba on July 24, marking the conclusion of more than 30 years of activity on the Caribbean island as geopolitical pressures reshape the tourism landscape. The withdrawal represents the company's final exit from one......
AMD is stepping up its challenge to Nvidia in the rapidly expanding artificial intelligence infrastructure market with the planned launch of Helios, a large-scale computing system designed specifically for demanding AI workloads. The new platform represents one of AMD's most significant efforts to compete with Nvidia's integrated......
US industrial conglomerate 3M has raised its full-year profit forecast, citing stronger-than-expected performance in its core industrial activities, ongoing cost-control efforts and pricing strategies that have helped protect margins in a challenging economic environment. The company announced Tuesday that it now expects adjusted earnings......
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Throne Day 2026
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At the Heart of the 2026 World Cup
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GITEX Africa: The New Frontiers Of African Innovation
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