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Congress faces shutdown dilemma that could mess with Trump's first 100 days
Congress faces a Dec. 20 deadline to avert a government shutdown and is expected to kick the funding fight til early 2025 when President-elect Donald Trump will be in office.NBC News - Dec. 3 -
Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.
Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...The Wall Street Journal - Dec. 3 -
Microsoft faces £1bn class action case in UK over software prices
It is alleged the tech giant overcharged companies for its Window Server software, used in cloud computing.BBC News - Dec. 3 -
China bans exports to the US of gallium and other key materials after the US curbs computer chip-related exports
China bans exports to the US of gallium and other key materials after the US curbs computer chip-related exportsABC News - Dec. 3 -
Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
China's AI balancing act — beating the U.S. but keeping the tech from threatening Beijing's rule
Prominent AI scientist Max Tegmark said the narrative of a geopolitical battle between the U.S. and China racing to build the smartest AI is a "suicide race."CNBC - Dec. 3 -
Vietnamese tycoon faces scramble to raise billions to avoid death sentence
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country. The Vietnamese property tycoon Truong My Lan has lost her appeal against the death ...The Guardian - Dec. 3 -
French Government Faces No-Confidence Vote Over Budget Bill
Prime Minister Michel Barnier pushed a budget bill through the lower house of Parliament without a vote. A no-confidence vote this week could topple him and his cabinet.The New York Times - Dec. 3 -
World champion Dubois to face Parker in Saudi
Daniel Dubois will defend his world heavyweight title against Joseph Parker in February on a card featuring the Artur Beterbiev v Dmitry Bivol rematch.BBC News - Dec. 3 -
U.S. announces new export controls on China's chip industry
The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies.NBC News - Dec. 3 -
Gazans displaced by war now face threat of winter
Palestinians displaced by the war are living on Gaza's coast, exposing them to harsh winter storms.BBC News - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
China's Flood of Cheap Goods Is Angering Its Allies, Too
The deluge of inexpensive items washing over the developing world is jacking up tensions between China and the Global South, complicating Beijing’s plans to build alliances as it confronts trade ...The Wall Street Journal - Dec. 3 -
Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China
Shares of major Asian chip stocks mostly rose on Tuesday, shrugging off the U.S. announcing new emiconductor export controls on China.CNBC - Dec. 3 -
French government faces no-confidence vote over Barnier's austerity budget
French Prime Minister Michel Barnier is bracing for a no-confidence vote this week, a political reckoning poised to topple his fragile government and send shockwaves across the eurozoneABC News - Dec. 2 -
With election decided, Ireland faces weeks of talks to form a government
Ireland's election is over but the country faces weeks of coalition talks before it gets a new governmentABC News - Dec. 2 -
Amazon's driver program faces criticism over safety issues
The holiday shopping season is now in full swing, with shoppers expected to spend more than $13 billion before Cyber Monday is over. Amazon expects to deliver millions of packages in the next few ...CBS News - Dec. 2 -
Biden faces backlash for granting pardon to son Hunter
Republicans and some Democrats are criticizing President Biden's decision to grant a sweeping pardon to his son Hunter Biden, who was awaiting sentencing on gun and tax charges. Ed O'Keefe has ...CBS News - Dec. 2 -
Chip war ramps up with new US semiconductor restrictions on China
Biden administration broadens limits on Chinese access to advanced microchip technology, with Donald Trump expected to go even further . The US has announced new export restrictions targeting ...The Guardian - Dec. 3 -
Ex-House staffer facing charges for unlawful possession of ammunition: Capitol Police
A former House staffer is facing charges for unlawful possession of ammunition after “officers found four ammunition magazines and eleven rounds of ammunition” in his bag at the Cannon House Office ...The Hill - Dec. 2 -
Doc accused of abusing Indiana University basketball players faces competency hearing
The 88-year-old doctor accused of sexually assaulting basketball players in the 1990s has been ordered to appear before a judge Tuesday to determine whether he is competent to be questioned about ...NBC News - Dec. 2 -
U.S. oil prices log modest gains on upbeat China data, ahead of OPEC+ meeting
Global oil prices ended little changed Monday, while U.S. prices posted a modest gain as upbeat manufacturing data from China lifted prospects for energy demandMarketWatch - Dec. 2 -
Intel’s next CEO faces ‘deadweight’ that won’t be easy to lift
Pat Gelsinger bet his legacy on returning Intel to manufacturing greatness. That puts his successor in a tough spot.MarketWatch - Dec. 2 -
Trump Tariff Threat Spurs Malaysian Warning to China Not to ‘Rebadge’ Products There
A senior trade official cautions Chinese companies to not invest there if they only want to mask their merchandise’s country of origin.Inc. - Dec. 2 -
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Transcript: Jill Schlesinger on "Face the Nation with Margaret Brennan," Dec. 1, 2024
The following is a transcript of an interview with CBS News business analyst Jill Schlesinger on "Face the Nation with Margaret Brennan" that aired on Dec. 1, 2024.CBS News - Dec. 1
