As Both Sides Remain Dug in, What Can Break the Government Shutdown Impasse?
Significant milestones over the next few weeks could shuffle the status quo. For now, both sides remain dug in as the closure heads into a fifth week. Source: Original News
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G.M. Will Cut 1,750 Jobs in Electric Vehicle Business
The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars. Source: Original News
Sanctions Lifted on a Putin-Backed Autocrat After Lobbying by Trump Allies
The move benefits the Serbian politician Milorad Dodik, who had received support from Rudolph W. Giuliani, Michael T. Flynn, Laura Loomer and high-priced lobbyists. Source: Original News
F.B.I. Opposes Push for Gabbard to Take Lead on Counterintelligence
The F.B.I. made the disclosure in a pointed letter that underscored broader concern over a House bill that would give more authority to Tulsi Gabbard, the director of national intelligence. Source: Original News
F.D.A. Moves to Speed Approvals for Cheaper Copycat Drugs
The agency announced moves to cut regulatory obstacles for the makers of biosimilar drugs, which are akin to generics and may help lower drug costs. Source: Original News
Boeing hit with $5bn in penalties as new jet delayed
The beleaguered firm said it now plans to deliver 777X jets starting from 2027. Source: Original News
Starmer declines to rule out breaking manifesto tax pledges
The prime minister fails to repeat a promise not to raise income tax rates, VAT or National Insurance next month. Source: Original News
Nvidia hits new milestone as world’s first $5tn company
The US chip-maker has rapidly climbed from a niche graphics-chip manufacturer to an AI titan. Source: Original News
Fed cuts US interest rates again despite ‘flying blind’
Central bank votes to lower cost of borrowing even as US government shutdown limits data for decision Source: Original News
Heathrow, NatWest and Minecraft sites down in Microsoft global outage
Microsoft 365 and its Azure cloud computing platform are hit with DNS issues, similar to the recent AWS outage. Source: Original News