During the third quarter, it is likely that the U.S. economy grew at its slowest pace in more than a year with the Delta variant of COVID-19 acting as a drag against the economy. The US Commerce Department’s advance gross… Read More ›
US
Trump tightens grip on his social media company
According to regulatory filings late on Tuesday, former U.S. President Donald Trump will be able to retain the ownership of his newly launched social media venture even if he chooses to make another run for the presidency or is convicted… Read More ›
US considering options to include Israel, Cyprus, Bulgaria and Romania to VISA waiver program
In a statement the U.S. Homeland Security Secretary Alejandro Mayorkas stated, the United States is considering adding four countries to its visa waiver program allowing them to visit the country without a visa for up to 90 days. “We have… Read More ›
China’s BYD and CATL defer building dedicated factory for Apple citing political tensions
According to three sources familiar with the knowledge at hand, Apple Inc’s negotiations with China’s BYD and CATL over battery supplies for its planned electric vehicle have stalled after the Chinese company refused to set up teams and build U.S. plants… Read More ›
Foxconn to produce EVs in Europe, India and Latin America
In a statement Foxconn’s chairman Liu Young-way said, it is looking to produce electric vehicles (EVs) in India, Europe and Latin America, and “indirectly” cooperate with German automakers. Foxconn, aims to become a major player in the global EV market,… Read More ›
Amazon.com Inc bumps up hiring during crucial holiday shopping season
In a statement Amazon.com Inc said, it plans to hire at least 150,000 seasonal workers in the U.S. during the holiday period. The development marks the world’s largest online shopping giant preparing for the upcoming shopping season which is typically… Read More ›
Former Boeing employee indicted for fraud for deceiving FAA regulators over 737 MAX’s safety regulations
In a significant development, a former chief technical pilot at Boeing Co has been charged with fraud for deceiving federal regulators evaluating the Boeing 737 MAX airplane; in a statement the Justice Department said, the former Boeing employee has also been… Read More ›
Support for Taiwan rock solid: White House
With China raising the stakes in a potential invasion of Taiwan, White House press secretary Jen Psaki said, Washington’s commitment towards Taiwan is “rock solid”. “We will continue to support Taiwan’s self defense,” said Psaki.
US Saudi to intensify efforts against Iranian violations of international treaties on nuclear agreement
In a statement on Friday, Saudi Arabia’s foreign ministry said, Foreign Minister Prince Faisal bin Farhan Al Saud met U.S. Secretary of State Antony Blinken in Washington and exchanged views on Iran’s nuclear program. “Had a productive meeting today with… Read More ›
Honda Aircraft Co rolls out plans for fuel efficient business jet
In a significant development, Honda Aircraft Co has rolled out plans for a new light business jet that can fly non-stop across the United States. The development comes at a time when there is skyrocketing demand for private travel. Honda… Read More ›
