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...

US, Meta and Google Join $1.8 Billion Push to Build AI Biology Datasets

The U.S. government, Meta Platforms and Google parent Alphabet are joining nonprofit Biohub in a $1.8 billion initiative to build open datasets for training artificial intelligence models for biological research. Meta, Google DeepMind and...

AI Simulations Aim to Predict Drug Trial Failures

Artificial intelligence is emerging as a potential tool to help pharmaceutical companies predict whether experimental drugs are likely to succeed before costly human trials. Novartis shares fell 11% after its late-stage trial of experimental...

Jaguar Land Rover Unveils $130,500 Electric Jaguar Type 01 in US Gamble

Jaguar Land Rover (JLR) has unveiled the new Jaguar Type 01, an electric four-door GT with an ultra-long bonnet, no rear window and an array of technology, as the luxury carmaker targets growth among...

Nestlé Scores Big With NBA Deal to Win Over Health-Conscious Youth

Nestlé is making its biggest-ever international sports sponsorship move through a new NBA partnership for its cocoa and malt beverages business, including Milo, Nesquik and Nescau. The four-continent deal spans 21 countries and aims...

PepsiCo Faces Pressure to Deliver Growth as GLP-1 Threat Intensifies

PepsiCo is running out of time to deliver the growth and margin improvements promised after activist investor Elliott Investment Management took a roughly $4 billion stake in the company a year ago. The company’s...

Countries Weigh Restrictions on Smart Glasses Over Privacy Concerns

Governments, courts and businesses around the world are tightening scrutiny of camera-equipped smart glasses amid concerns that devices such as Meta’s Ray-Ban smart glasses could be used to photograph, record videos or capture audio...

Bain Capital, GIC Explore $3.2 Billion Sale or IPO of Japan’s WHI

Bain Capital and Singapore’s sovereign wealth fund GIC are exploring an initial public offering or sale of Japanese human resources software company WHI Holdings at a valuation of at least 500 billion yen ($3.2...

Trump Expands Access to Tax-Free Diesel as Fuel Prices Surge

U.S. President Donald Trump on Monday signed an executive order to expand access to tax-exempt diesel as soaring fuel prices raise concerns ahead of the November 3 midterm elections. Diesel prices reached a record...

FBI Removes Accenture Contractor After Major Data Breach

The Federal Bureau of Investigation has removed an Accenture contractor following a damaging data breach that exposed sensitive personal information of thousands of FBI employees, according to two sources familiar with the matter. FBI...

US Securities Industry Profits Surge to $45.9 Billion in First Half of 2026

Profits across the US securities industry reached $45.9 billion in the first half of 2026, putting Wall Street on track to set a new annual record, according to a report released by New York...