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Category Archives: business
Social Security Administration will no longer count food aid as income for poor recipients
The Social Security Administration has issued a final rule that will prevent food assistance from reducing payments to certain beneficiaries.
Sam Bankman-Fried sentenced to 25 years in prison for orchestrating FTX fraud
Sam Bankman-Fried was sentenced Thursday to 25 years in prison for his role in defrauding users of the collapsed cryptocurrency exchange FTX.
Baltimore bridge collapse calls attention to the growing Latino labor force and the risks they face
Most of the missing workers presumed dead following the Baltimore bridge collapse are originally from Honduras, Guatemala, El Salvador and Mexico — illustrating the increasing dangers Hispanic workers face as a third of the nation’s construction workers.
China’s latest EV is a ‘connected’ car from smartphone maker Xiaomi
Xiaomi, a well-known maker of smart consumer electronics in China, is joining the country’s booming but crowded market for electric cars.
China-made vehicles will make up a quarter of Europe’s EV sales this year
China-made electric vehicles will make up more than a quarter of the EV sales in Europe this year, according to a new policy analysis.
Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet
Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the artificial intelligence race.
Where’s Noa? A forensic analysis of her kidnapping and what it says about Israel’s hostage crisis
UPDATE: June 8, 2024 – Noa Argamani was rescued, along with three other hostages, by Israeli security forces during a daytime raid in central Gaza.
NBC News foreign correspondent Raf Sanchez examines the case of 26-year-old Noa Argamani, who became one of the faces of the hostage crisis after video of her abduction from the Supernova festival spread across social media. Despite the release of more than a hundred hostages in November in a deal that included most women and children, Noa’s whe
Biden says 'real progress' made after meeting with China's Xi Jinping
The two leaders hadn’t spoken for a year before Wednesday’s summit, with relations between Washington and Beijing at their lowest point in decades.
Biden says Hamas committed war crime with headquarters under hospital
President Biden took questions following a meeting with President Xi, where he said that Hamas committed a war crime by having its headquarters under a hospital. He added that the only answer is a “two state solution,” and told Israelis that it is a mistake to think they will occupy Gaza.