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...
Britain has spent nearly $40 million on SpaceX satellite services, deepening its reliance on Elon Musk’s company for military communications amid growing European concerns about dependence on U.S. security infrastructure. The UK Ministry of...
A U.S. prosecutor on Wednesday accused Chinese telecommunications giant Huawei of operating a “criminal enterprise” that stole technology from American companies and abused the U.S. financial system to expand its global business. In opening...
The Boring Company, the tunnel construction startup founded by billionaire Elon Musk, has raised $3 billion in a new funding round that values the company at $23 billion, according to a statement released Wednesday....
Volkswagen is estimating the total cost of its sweeping restructuring program, including job cuts and potential plant closures, at around €16 billion ($18.6 billion), a person familiar with the matter said on Thursday. The...
A Republican-led U.S. Senate subcommittee has launched an inquiry into OpenAI’s response to a July cybersecurity incident involving Hugging Face, amid growing concerns over AI agents circumventing safety controls. Missouri Senator Josh Hawley, who...
Chinese artificial intelligence startup DeepSeek has tapped CITIC Securities to prepare for a potential initial public offering on Shanghai’s tech-focused STAR Market, according to two people familiar with the matter. The Hangzhou-based company aims...
Barclays has raised its year-end target for the benchmark S&P 500 to 7,950, up from 7,800, citing stronger-than-expected corporate earnings and continued strength in technology stocks. The new target implies roughly 3.6% upside from...
The United States has sharply escalated its trade dispute with Canada, announcing import bans on a wide range of Canadian alcoholic beverages, motorcycles and dairy products starting September 29. The move follows Canada’s retaliatory...
Amazon is set to raise £4.25 billion ($5.76 billion) through its first-ever sterling-denominated bond sale, exceeding its initial target amid strong investor demand. The four-part offering attracted more than £12 billion in orders, highlighting...
Oil prices climbed above $100 a barrel on Wednesday for the first time in six weeks, as escalating fighting involving U.S. and Iranian forces heightened concerns over oil supplies from the Middle East. Brent...