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Trump to issue 10 executive orders cracking down on border
President-elect Trump is set to sign off on 10 executive orders Monday, moving swiftly to crack down on immigration and drug cartels during his first day in office with a blitzkrieg of immigration ...The Hill - Jan. 20 -
Last orders? Soaring costs and declining demand take toll on Japan’s legendary izakaya
Ramen restaurants also struggling as Japan’s culinary landscape faces economic challenges and changing customer behaviour. In the bowels of a commercial building in Tokyo’s Shinbashi neighbourhood ...The Guardian - Jan. 18 -
Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.CNBC - Jan. 16 -
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.MarketWatch - Jan. 16 -
Taiwan takes a further step in production of AI chips with advanced new plant
Taiwan has taken another step in enhancing its key role in the production of advanced semiconductor chips used for artificial intelligence with the inauguration of a new plant by Siliconware ...ABC News - Jan. 16 -
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boomABC News - Jan. 16 -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - Jan. 16 -
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.CNBC - Jan. 15 -
US imposes export controls on chips for AI to counter China
American semiconductor industry warns move will aid competitors while EU has also protested against the new rulesFinancial Times - Jan. 13 -
Trump Media shares jump more than 21% week before presidential inauguration
Tech companies and executives have donated to the Trump inaugural fund, including Google, Meta and Amazon, as well as OpenAI CEO Sam Altman.CNBC - Jan. 13 -
Biden Administration Makes Last-Ditch Effort to Curb AI Chip Exports
The new rules meant to govern exports of sophisticated AI processors are meant to address national security concerns, but have already provoked an industry pushback.Inc. - Jan. 13 -
Lululemon’s stock jumps as strong holiday sales show demand is improving
Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.MarketWatch - Jan. 13 -
U.S. tightens its grip on AI chip flows across the globe
The U.S. government said on Monday it would further restrict artificial intelligence chip and technology exports, divvying up the world to keep advanced computing power in the U.S. and among its ...NBC News - Jan. 13 -
Biden administration proposes new restrictions on AI chip exports
The proposal is raising concerns with the chip industry, with artificial intelligence leader Nvidia calling it "misguided."CBS News - Jan. 13 -
New US Rule Aims to Block China’s Access to AI Chips and Models by Restricting the World
The US government has announced a radical plan to control exports of cutting-edge AI technology to most nations.Wired - Jan. 13 -
Why $10 Million Is the Hardest Number for Startups to Hit
It’s a wonderful mirage, but it rarely works, so why do we keep falling for it?Inc. - Jan. 13 -
AI set to fuel surge in new US gas power plants
Climate targets in peril as Big Tech turns to fossil fuels to feed energy demandFinancial Times - Jan. 13 -
For fear of finding something worse: Trump and the end of the global rules-based order
The impending second presidency of Donald Trump is a challenge to the framework of global politics and diplomacy that it may not survive.The Hill - Jan. 12 -
U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.The New York Times - Jan. 9 -
Biden administration planning new AI chip export limits that would hit Nvidia, report says
The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.MarketWatch - Jan. 9 -
Shares of California utility Edison International drop 10% as wildfires rage
The decline comes as multiple large fires are burning around Los Angeles, with strong winds making them difficult to contain.CNBC - Jan. 8 -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - Jan. 8 -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - Jan. 8 -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - Jan. 8 -
Vaccine makers’ shares jump after bird flu death in US
Moderna, Pfizer, CureVac and Novavax register gains as health agency stresses risk to public ‘remains low’Financial Times - Jan. 7 -
Nvidia Founder Jensen Huang Unveils Next-Gen AI and Gaming Chips at CES 2025
The Blackwell-powered GeForce RTX 50 Series desktop and laptop graphics processors were a highlight of the massive tech trade show underway in Las Vegas.Inc. - Jan. 7 -
Services index shows big jump in prices for December as companies fear tariffs
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.CNBC - Jan. 7 -
Nvidia founder unveils next generation of AI and gaming chips at CES 2025
In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marveled over the crisp real-time computer graphics displayed on the screen behind him.NBC News - Jan. 7 -
Nvidia releases gaming chips for PCs, tapping AI features from data center GPUs
At CES in Las Vegas, Nvidia showed that it's still focused on serving gamers even as the company's primary business is now in the data center.CNBC - Jan. 7 -
Nvidia’s stock rallies as AI chip trade reloads for fresh run higher
Nvidia Corp.’s stock continued its rally Monday, embodying the red-hot momentum in the artificial-intelligence chip trade so far this year.MarketWatch - Jan. 7 -
Acer unveils Acer Swift Go and Aspire Vero 16 laptops with latest chips and up to 99 TOPS AI
Acer unveiled new models in its Acer Swift Go and Acer Aspire Vero laptop families with the latest components from Intel and AMD.VentureBeat - Jan. 6 -
Qualcomm unveils AI chips for PCs, cars, smart homes and enterprises
Qualcomm unveiled AI technologies and collaborations for PCs, cars, smart homes and enterprises at CES 2025. At the big tech trade show in Las Vegas, Qualcomm Technologies showed how it’s using AI ...VentureBeat - Jan. 6 -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5 -
US homebuilder shares slide on fears of higher rates and Trump tariffs
Threat of rising costs brings post-pandemic rally to a haltFinancial Times - Jan. 4 -
Judge orders Trump sentenced on Jan. 10, signals no punishment for conviction
A New York judge has ordered President-elect Trump’s criminal sentencing for Jan. 10, rejecting his demand that his hush money case be dismissed to accommodate his presidency following his election ...The Hill - Jan. 3 -
Chess: jeans-clad Carlsen defies critics to share Blitz with Nepomniachtchi
The world No 1 withdrew from the World Rapid then came back for the Blitz, where he shared the title when Fide agreed to stop play after three games of a shootout. Magnus Carlsen completed a ...The Guardian - Jan. 3 -
Fears of extremism in military jump after New Year’s attacks
{beacon} Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Fears of extremism in military jump after New Year’s ...The Hill - Jan. 3