Warren Opposes AI Secrecy Push in USMCA Trade Talks
Democratic Senator Elizabeth Warren has urged the Trump administration to reject efforts by major artificial intelligence companies to weaken transparency requirements in the U.S.-Mexico-Canada Agreement (USMCA). In a letter to U.S. Trade Representative Jamieson...
Spain’s Public Works Projects Stall as Rising Costs Keep Builders Away
Spain is witnessing a sharp rise in unawarded public works tenders as construction companies pull back from bidding amid escalating costs and uncertainty linked to the Middle East conflict. According to the country’s main...
Lazard Q2 Profit Plunges 91% as Advisory Revenue Weakens
Investment bank Lazard reported a sharp 91% decline in second-quarter profit, as a significantly higher tax rate and weaker performance in its financial advisory business weighed on earnings. Net income dropped to $5 million,...
Domino’s Faces Wage Underpayment Ruling
Domino’s Pizza Enterprises is considering an appeal after Australia’s Federal Court ruled that the company made misleading representations regarding the application of certain enterprise agreements covering its workers. The case was brought by a...
EU Challenges JD.com’s Ceconomy Takeover Over Foreign Subsidy Concerns
The European Commission on Wednesday issued a formal statement of objections to Chinese e-commerce giant JD.com regarding its proposed acquisition of German electronics retailer Ceconomy, intensifying its investigation into the deal under the EU’s...
U.S. Launches $5 Billion AI Initiative to Accelerate Scientific Research
The Trump administration has announced a $5 billion initiative to tackle long-standing scientific challenges using artificial intelligence across multiple fields. The program will involve 15 federal agencies, including the Departments of Health and Human...
House Passes Stopgap Bill to Avoid U.S. Government Shutdown
The Republican-controlled U.S. House of Representatives on Tuesday passed a short-term funding measure aimed at preventing a government shutdown by extending federal agency funding through December 4. The temporary spending bill, known as a...
Trump Administration Pauses $1 Billion in Medicaid Payments to California, Minnesota
The Trump administration has temporarily halted nearly $1 billion in federal Medicaid payments to California and Minnesota, citing suspected fraud and noncompliance. U.S. Health Secretary Robert F. Kennedy Jr. announced the move alongside Centers...
France Moves to Ban Social Media for Under-15s
French lawmakers are set to vote on a bill that would ban children under the age of 15 from accessing social media platforms, as the country steps up efforts to protect minors from the...
Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement
A U.S. federal judge in San Francisco has granted final approval to Anthropic’s landmark $1.5 billion settlement in a class-action copyright lawsuit brought by a group of authors who accused the artificial intelligence company...