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Business

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Tech stocks lead Wall St lower, Nasdaq Composite falls 73 points
Wall Street slides, Dow Jones drops 115 points

NEW YORK, New York - U.S. stocks weakened across the board on Tuesday, led by the tech sector once more. I would say that the largest...

Google hits 150 million users for subscription service with AI help
Alphabet's Cloud service soars with Google One growth surge

SAN FRANCISCO, California: Google One, Alphabet's subscription service that offers cloud storage and AI-powered features, has surpassed...

China's heavy truck market maybe 50% electric by 2028: CATL chief
Half of China's heavy truck sales could be EVs by 2028, CATL says

BEIJING, China: China's sales of heavy trucks could be dominated by electric vehicles by 2028, with battery-powered models potentially...

Apple blocks Fortnite on iPhones in US, Epic Games says
Apple blocks access to video game Fortnite in US, EU, Epic Games says

STOCKHOLM, Sweden: Apple has blocked access to the popular video game Fortnite on iPhones in the United States and through Epic Games'...

Wall Street falters as America's credit rating is downgraded
Moody's AAA rating downgrade dents U.S. stock markets, dollar, bonds

NEW YORK, New York - U.S. stocks struggled on Monday as a further downgrading of U.S. debt by Moody's sent the dollar sliding and Treasury...

Richemont sales up 7% on strong jewelry demand
Cartier owner Richemont beats expectations as jewelry shines

PARIS, France: Richemont, the owner of luxury brands Cartier and Van Cleef & Arpels, posted a stronger-than-expected seven percent...

New York

Section
Judge strips NYC of control over Rikers jail, cites rising violence
US judge takes control of New York's troubled Rikers Island jail

NEW YORK CITY, New York: A federal judge has decided to take control of New York's Rikers Island jail away from city officials due...

Summer could strain power supply in US, Canada, grid operator warns
Middle swath of North America at risk of power shortfalls this summer

WASHINGTON, D.C.: Parts of the U.S. and Canada may not have enough electricity this summer if hot weather causes more people to use...

Goldman Sachs fined $1.45 million for trade reporting failures
Goldman Sachs fined for failing to properly report billions of trades

NEW YORK CITY, New York: Goldman Sachs has agreed to pay a US$1.45 million civil penalty to resolve allegations from the Financial...

Firefighters’ union demands probe into soaring fire truck costs
As fire truck prices hit $2 million, US firefighters demand probe

WASHINGTON, D.C.: The largest firefighters' union in the United States is calling for federal antitrust authorities to investigate...

US sees absolute decline in international visitor spending
Foreign travel spending in US to decline 7% in 2025, report says

NEW YORK - International travel spending in the United States is projected to decline by 7 percent in 2025, amounting to a US$12.5...

U.S.-NEW YORK-EXHIBITION-PEOPLE EVERYDAY
U.S.-NEW YORK-EXHIBITION-PEOPLE EVERYDAY

(250520) -- NEW YORK, May 20, 2025 (Xinhua) -- American conceptual artist Hank Willis Thomas' work The Embrace is displayed during...

Movie Review

Movie Review
Romeo and Juliet [Blu-Ray]