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Trump's offensive against diversity, equity puts Powell's Fed on defensive

After Trump issued an executive order on Jan. 20 ending DEI programs across the federal government, the Fed took down pages on its website dedicated to diversity and inclusion

President Putin allows Goldman Sachs to sell its business in Russia

Putin permitted Balchug Capital to buy the division, according to a decree he signed

Donald Trump raised millions from crypto firms for his inauguration

Coinbase Inc., Crypto.com, Galaxy Digital, Paradigm Operations and Payward Inc., better known as Kraken, each gave $1 million

Pentagon workers used DeepSeek's chatbot for days before block: Official

The move came after defence officials raised concerns that Pentagon workers were using the tool, the person said

Donald Trump threatens Tesla revenue stream that's never been bigger

The revenue in question comes from the regulatory credits Tesla generates by selling EVs, which comply with increasingly stringent pollution standards governments have set around the world

DeepSeek will barely dent 'magnificent seven' stocks, shows survey

Of the 260 respondents, 88% said the debut of the startup's latest model - which wiped $784 billion from the S&P 500 on Monday - will have little to no impact on the shares of US technology behemoths

Donald Trump barrels toward tariff showdown with Canada, Mexico, and China

Whatever Trump decides sets the stage for a separate review aimed at China, as well as Canada and Mexico, that could tee up even more tariffs as soon as April

DeepSeek's AI restricted by 'hundreds' of companies amid concerns over leak

Chief among those worries is the fact that DeepSeek states in its own privacy terms that it collects and stores data in servers in China

Fed has done terrible job on banking regulation, says Donald Trump

Trump commented after the Federal Open Market Committee voted unanimously to keep the federal funds rate in a range of 4.25%-4.5%

Trump blames diversity, inclusion programmes for jet-chopper collision

The remarks immediately politicised the most deadly US commercial airline accident in over a decade even as Trump flatly and repeatedly said that he didn't know the cause of the disaster

Microsoft cloud computing biz to grow slowly amid shortage of data centres

The Azure cloud division will grow at as much 32 per cent in its fiscal third quarter, not much faster than it did during the last three months of 2024

Tesla reassures investors with growth pledge, to begin robotaxi rollout

Tesla plans to launch its autonomous ride-hailing service in Austin in June and then in other cities by the end of the year

China's big EV push into Europe fizzles out on EU tariffs and slowdown

Brands led by SAIC Motor Corp.'s MG registered 3.5 per cent fewer EVs in the region for all of 2024, according to data from automotive researcher Dataforce

Why Chinese tech firm DeepSeek's 'Open AI' should terrify Sam Altman

DeepSeek was founded by a hedge fund entrepreneur named Liang Wenfeng, who pulled together his former employees and dozens of Ph.D. graduates from Chinese universities to try and build human-level AI

Rupee pain starts to show as nation's top airline IndiGo takes a hit

A few smaller companies have also announced currency-related losses, with more expected as the earnings season progresses

Vodafone plans rollout of Starlink rival AST to connect remote areas

The technology will provide people in areas with poor mobile signal with 4G or 5G connectivity beamed straight from satellites connected to Vodafone's core network

Elon Musk blames Don Lemon's 'invasive' interview for cancelling show on X

Now Musk is trying to get Lemon's lawsuit dismissed in California Superior Court, arguing that the relationship between X and Lemon 'went sour' after the interview

Investors bidding for TikTok to offer 'significantly' more than $20 bn

It remains unclear if Tinsley and his investor group will be serious contenders for what are shaping up to be competitive and fast-evolving negotiations

President Trump's transactional foreign policy leads to a flurry of pledges

The rush to curry Trump's favour makes clear just how much global leaders learned their lesson from his first term, when the quickest way to the president's heart was to offer investment

Nissan plans job, output cuts at US assembly plants amid merger with Honda

Nissan has pledged to cut 9,000 jobs globally and reduce production capacity by 20 per cent