WASHINGTON (AA) – President-elect Donald Trump nominated veteran Wall Street financier Howard Lutnick on Tuesday to become the head of the Commerce Department. Lutnick will lead “our Tariff and Trade agenda, with additional direct responsibility for the Office of the United States Trade Representative,” Trump said on Truth So...
ISTANBUL (AA) – The US Justice Department will ask a judge to force Alphabet Inc.’s Google to sell its Chrome internet browser, according to media reports on Monday. The department will ask the judge, who ruled in August that Google had built an illegal monopoly over internet searches, to require measures related to artificial intelligen...
ISTANBUL (AA) – The UK launched its first government-backed four-day workweek trial on Monday, allowing over 1,000 employees to work fewer days without a pay cut. Seventeen businesses, including the British Society for Immunology and Crate Brewery, will test shorter schedules, with some opting for a nine-day fortnight model, according to...
BERLIN (AA) – If Donald Trump is re-elected, his four-year term could cost Germany up to €180 billion (approximately $194.2 billion) in a “trade war,” German Economic Institute (IW) said in a report released on Thursday. According to the report, Trump’s pledge to increase tariffs to reduce the US trade deficit could cause sig...
NEW YORK (AA) – Starbucks reported on Wednesday that its global sales fell 7% in July-September – the coffee chain’s third consecutive quarter of decline. The company’s earnings per share fell 25% compared to the same period last year to 80 cents. Its consolidated net revenues declined 3% to $9.1 billion. The coffee chain suspended […]...
Rights groups are condemning U.S. footwear and apparel company Skechers as it used the star power of martial arts actor Donnie Yen to open a new store in occupied East Turkestan, also called Xinjiang. It did that despite allegations that Uyghur Muslims in China’s far west are being used for forced labor. In a video […]
A recent report from the Center for Advanced Defense Studies reveals that the global pharmaceutical industry still relies on ingredients sourced from Chinese-occupied Eastern Turkistan. Uyghur forced labor is prevalent in the region which the Chinese government calls Xinjiang. Even US agencies, including the FDA and USAID, are linked to suppli...
Republican presidential candidate Donald Trump is facing backlash after it was revealed that nearly 120,000 copies of his “God Bless the USA” Bible were printed in China. He has for a long time accused China of job theft and unfair trade practices in the US. According to trade records, shipments worth $342,000 arrived in the […]
California Attorney General Rob Bonta has filed a lawsuit against ExxonMobil. He alleges that the oil giant misled the public about the recyclability of plastics. The lawsuit was initiated in San Francisco County. It follows years of investigation and has been hailed by environmental advocates as a pivotal moment in the fight against plastic...
A Texas federal court has invalidated the Federal Trade Commission’s (FTC) new ban on non-compete clauses. Judge Ada Brown ruled that the FTC overstepped its authority and found the ban to be “arbitrary and capricious.” Scheduled to take effect on Sept. 4, the rule aimed to prevent employers from restricting workers’ future j...
