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Business

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U.S. stocks tumble after Israel invades Iran
Dow Jones dives 770 points as Israel gate-crashes world markets

NEW YORK, New York - U.S. stocks tumbled Friday as the world was thrown into turmoil by unprecedented attacks by Israel on Iran. ...

Layoffs hit Paramount Global as viewers shift to streaming
Paramount Global cuts 3.5% of US staff amid cable TV decline

NEW YORK CITY, New York: Paramount Global is cutting 3.5 percent of its U.S. staff as part of another round of layoffs. The company...

OpenAI to use Google Cloud as demand for computing surges
OpenAI signs cloud deal with Google despite intense AI rivalry

SAN FRANCISCO, California: In a move that highlights how the demand for compute power is reshaping the AI industry, OpenAI has signed...

Toothy toy Labubu becomes auction star, sells for over $150K
Labubu toy sells for $150K in Beijing, sets new auction record

BEIJING/SHANGHAI, China: What started as a surprise toy from a blind box has now entered the elite world of high-value collectibles....

U.S. stocks edge higher, Nasdaq Composite gains 47 points
Dow Jones closes 102 points higher despite U.S. dollar slide

NEW YORK, New York - U.S. stocks rose modestly on Thursday while the U.S. dollar sank to its lowest level in 3 years after President...

Amazon plans $20 billion data center expansion in Pennsylvania
Amazon to invest $20 billion in PA cloud and AI infrastructure

HARRISBURG, Pennsylvania: Amazon is making a significant play in Pennsylvania, announcing plans to pour at least US$20 billion into...

Ohio

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Clean energy faces hurdles as US solar forecast dips by 2030
US solar growth to slow as policy momentum shifts to fossil fuels

WASHINGTON, D.C.: A boom in U.S. solar energy installations may be running out of steam as shifting federal priorities, new tariffs,...

Beijing approves rare earth shipments to top three US automakers
China clears rare earth exports for US carmaker suppliers

BEIJING/WASHINGTON, D.C.: In a rare move aimed at easing mounting supply chain pressure, China has issued temporary export licenses...

P&G announces 7,000 job cuts in two-year global restructuring
P&G to cut 7,000 jobs, streamline brands amid tariff pressures

CINCINNATI, Ohio: Facing global economic headwinds and mounting tariff pressures, Procter & Gamble announced plans this week to cut...

China, U.S. young musicians perform in New York with more exchanges expected
China, U.S. young musicians perform in New York with more exchanges expected

Cultural exchanges between the two countries not only greatly enrich diverse cultural experiences for Chinese and American people,...

U.S.-NEW YORK-CHINA-YOUNG MUSICIANS-CULTURAL EVENT
U.S.-NEW YORK-CHINA-YOUNG MUSICIANS-CULTURAL EVENT

(250613) -- NEW YORK, June 13, 2025 (Xinhua) -- Young musicians perform at an event titled Youth Dialogue for the Future in New York...

Robert Eggers to bring 'A Christmas Carol' to life for Warner Bros
Robert Eggers to bring 'A Christmas Carol' to life for Warner Bros

Washington [US], June 12 (ANI): Renowned director Robert Eggers is set to bring Charles Dickens' timeless classic 'A Christmas Carol'...