The Trump administration has launched audits of immigration cases involving U.S. citizens of Somali origin to identify potential fraud that could lead to denaturalization, officials said on Tuesday. Homeland Security Assistant Secretary Tricia McLaughlin stated that U.S. law allows revocation of citizenship if it was obtained fraudulently, noting that such cases are rare and typically take years to resolve. According to the Immigrant Legal Resource Center, an average of about 11 denaturalization cases were pursued annually between 1990...
Netflix is facing growing investor concerns over its ability to sustain growth as competition intensifies and user engagement shows signs of weakening. The streaming giant is expected to report third-quarter results on Tuesday, with...
US grocery chain Albertsons Companies began presenting its case against rival Kroger on Monday, seeking more than $8 billion in damages over the collapse of their proposed $24.6 billion merger in 2024. Albertsons alleges...
AI chip startup Tenstorrent has raised $1.5 billion in a late-stage funding round, valuing the company at $6.2 billion post-money. Announced on Monday, the funding more than doubles its valuation from December 2024, when...
JPMorgan Chase has invested $5 billion in equity in industries critical to US economic and national security, as major banks seek to capitalize on rising demand for domestic manufacturing, energy infrastructure and resilient supply...
SpaceX and Tesla are set to report their third-quarter results on consecutive days this week, offering investors a rare opportunity to compare the financial performance of Elon Musk’s two most valuable companies as merger...
The 23rd Multibillionaire Business Achiever (MBA) Award and the First International MBA Award were bestowed upon Moshe Miller, CEO and Chairman of Shoval Engineering Group. The honors were jointly presented by eminent media personality...
Canada’s steel industry is showing signs of recovery after being hit hard by US President Donald Trump’s tariffs, supported by rising domestic demand, major infrastructure projects and government assistance. Since the US raised tariffs...
The FBI and the US Postal Inspection Service are investigating suspicious mailings sent to state election officials and lawmakers’ offices ahead of the November 3 midterm elections. Some letters contained unidentified substances, including suspicious...
Investors in Anthropic are reconsidering the artificial intelligence company’s expected valuation ahead of its planned November initial public offering (IPO), with some now discussing a figure of around $1.5 trillion, down from earlier expectations...
Investors moved substantial amounts of money out of cash holdings and into stocks and bonds last week, seeking to capitalise on recent market volatility, according to BofA Global Research. Stock funds recorded $64.5 billion...