Trump Administration Audits Somali-American Citizenship Cases for Possible Fraud

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...

V. P. Nandakumar: From Village Roots to Humanitarian Impact

A village-born financier, a global Lions gift and the long argument that prosperity must enrich the soil beneath it. Valapad, Thrissur — In July 2026, Lion V. P. Nandakumar, Chairman and Managing Director of...

Amazon Plans First-Ever Sterling Bond Sale as AI Funding Needs Grow

Amazon has hired banks for its first-ever sterling bond sale, according to a memo seen by Reuters, as major technology companies increasingly tap global debt markets to fund the surge in spending driven by...

GE Aerospace to Buy Castings Supplier CPP for $11.75 Billion

GE Aerospace said Tuesday it will acquire aerospace castings supplier Consolidated Precision Products (CPP) from investment firms Warburg Pincus and Berkshire Partners for $11.75 billion. The deal will give GE greater control over a...

Google Revamps EU Search Results to Meet Antitrust Rules

Google on Tuesday rolled out major changes to its search results in Europe to comply with EU antitrust regulators, warning that the measures could reduce search quality and increase costs for European businesses. The...

Slovenia Approves Tesla’s FSD Supervised System

Slovenia has approved Tesla’s Full Self-Driving (FSD) Supervised driver-assistance system for use on its roads, making it the sixth European country to grant approval. Tesla said the rollout will begin soon. The announcement was...

Asian Stocks Slide as Yen Surges and Iran Tensions Lift Oil Prices

Asian stocks fell on Tuesday as a sharp surge in the yen, mixed economic data and rising geopolitical tensions weighed on investor sentiment. The yen climbed as much as 1% to 152.89 per dollar,...

China’s Delivery Price War Gives Rise to a New Instant-Retail Battle

China’s fierce meal-delivery subsidy war may be losing steam, but it has permanently changed consumer expectations. After a year of heavy spending by Meituan, Alibaba and JD.com on discounts, free delivery and merchant incentives,...

Boeing Pays $3.1 Million FAA Fine Over Widespread Safety Violations

Boeing has paid a $3.1 million fine to the U.S. Federal Aviation Administration (FAA) over a series of safety violations, including conduct connected to the January 2024 Alaska Airlines 737 MAX 9 mid-air emergency....

Shell and Chevron Sign Preliminary Deal for Ghana Deepwater Oil Block

Oil majors Shell and Chevron have signed a non-binding memorandum of understanding with Ghana’s national oil company for the potential acquisition of production rights in the South Deepwater Tano Cape Three Points oil and...

Uber to Cut 3,300 Jobs as Robotaxi Competition Reshapes Ride-Hailing Business

Uber Technologies plans to cut about 3,300 jobs, or roughly 10% of its workforce, in its largest round of layoffs since the COVID-19 pandemic. CEO Dara Khosrowshahi said the restructuring will simplify the company’s...