World News

PayPal applies to become a bank to expand lending as US loosens regulations

If approved, PayPal Bank would help the firm bolster its small-business lending capabilities, addinf that the company has provided access to more than $30 billion in loans and capital since 2013

Bondi Beach attack spurs worldwide mourning and calls for tougher gun laws

Hanukkah events and vigils took place in central Melbourne on Monday evening, with landmarks lit up to commemorate the Bondi victims

Ford to take $19.5 bn in charges as it overhauls electric vehicle business

In taking the charges, Ford is acknowledging it built far too much battery production capacity and was going down a dead-end with large EVs that were destined to lose more money

Trump declares fentanyl as weapon of mass destruction to tackle drug crisis

The move comes as Trump has cited fentanyl deaths to justify a series of attacks against boats in international waters that the Pentagon says were being used to smuggle drugs

Trump sues BBC for $5 billion over alleged misleading January 6 edit

The lawsuit, filed in a federal court in Miami, centres on how his remarks ahead of the January 6, 2021, attack on the US Capitol were presented

Mets ballpark, Trump-run golf course among 3 awarded NYC casino licences

The state Gaming Commission on Monday awarded the three projects licenses to operate in the lucrative metropolitan-area market during a meeting at a riverside park in upper Manhattan

US plans to reduce number of G-20 finance meetings during its chairmanship

Next year the US intends to hold only one host nation session with the finance ministers and central bankers in August

Four arrested for plotting New Year's Eve attacks in Southern California

Officials did not describe a motive but said they are members of an offshoot of a pro-Palestinian group dubbed the Turtle Island Liberation Front

Small plane crashes in central Mexico, killing at least 7 people: Official

San Mateo Atenco Mayor Ana Muniz told Milenio Television that the fire forced the evacuation of some 130 people in the area

Brown University attack: Hunt continues for shooter amid security questions

The shooting happened in an auditorium-style classroom where students in a study group were preparing for an upcoming exam

White House ballroom construction matter of national security: Trump admin

Trump had the East Wing torn down in October as part of the project to build an estimated $300 million, 90,000-square-foot ballroom before his term ends in 2029

Australia Hanukkah shooting: US Jewish groups urge stricter event security

Coinciding with this urgent appeal for increased precautions, some rabbis said their synagogues would proceed with large-scale celebrations, intended to demonstrate resilience

Trump mocks Rob Reiner in inflammatory social media post after his death

The White House, which amplified the president's post, did not respond to a message about the criticism it was receiving and calls for Trump to take it down

Rob Reiner death: Actor known for his work on both sides of the camera

Reiner worked in small theaters and started his own improv group before landing the role on what would become one of America's defining family sitcoms

Brown University sends students home after deadly shooting leaves 2 dead

NBC reported earlier that the person of interest had a unique characteristic to his firearm and that firearm was found when he was taken into custody

Xi Jinping warns officials against chasing 'reckless' GDP expansion

The Chinese leader also warned that 'inefficient' investment, which results in projects being abandoned as soon as they are completed, must be prevented

Australian PM Albanese grapples with fallout after Jewish massacre

Last December, offenders broke into the Adass Israel Synagogue in Ripponlea, Victoria, and spread accelerant in what police described as a probable terrorist attack

Rob Reiner, his wife found dead in Los Angeles home, detectives probe

Investigators believe they suffered stab wounds and a family member is being questioned by investigators, the official said

Hong Kong's Jimmy Lai convicted in landmark national security case

Sentencing will be scheduled for a later date, and under Hong Kong's stringent national security law, Lai could face life imprisonment

Militant groups test AI tools as experts warn of growing security risks

As the rest of the world rushes to harness the power of artificial intelligence, militant groups also are experimenting with the technology, even if they aren't sure exactly what to do with it.