Page 11 - Us

US online retailers delist millions of banned Chinese electronic items

Earlier this week, the FCC said it plans to vote this month to tighten restrictions on telecommunications equipment made by Chinese companies deemed national security risks

AstraZeneca to strike landmark drug price deal with Trump administration

The deal is expected to be announced at the White House on Friday, said the people, who spoke on condition of anonymity because the plans are not yet public

US sanctions Serbia's main oil supplier, which is controlled by Russia

The United States has introduced sanctions against Serbia's main oil supplier, which is controlled by Russia, the company said on Thursday. Serbia almost entirely depends on Russian gas and oil supplies, which it receives mainly through pipelines in Croatia and other neighbouring states. The gas is then distributed by Petroleum Industry of Serbia (NIS), which is majority-owned by Russia's state oil monopoly Gazprom Neft. NIS said Thursday it had failed to secure another postponement of the US sanctions, which could jeopardise its efforts to secure oil and gas deliveries in a longer term. The special license from the US Department of the Treasury, which enables unhindered operational business, has not yet been extended, NIS said in a statement. It added that it has stored enough supplies to keep the operation moving for customers for a longer while. It also said problems could occur at NIS gasoline stations with payment made by foreign bank credit cards but added that that cash ...

Trump's $100,000 H-1B visa fee may hurt US universities and schools

Higher education leaders and public-school superintendents say they depend on skilled foreign workers to fill critical roles

Lupin to invest $250 mn in new US facility for critical respiratory drugs

Drug firm Lupin on Wednesday said it will set up a new manufacturing facility in Coral Springs, Florida, entailing an investment of USD 250 million. With a projected cumulative investment of USD 250 million, including research & development, infrastructure and capital expenditures over a five-year period, the new site will have the capacity to accommodate the production of more than 25 critical respiratory medicines, the Mumbai-based drug maker said in a regulatory filing. The Florida-based plant would produce products like albuterol inhalers for children with asthma, it added. By strengthening domestic manufacturing and enhancing supply chain diversification, this critical project will enhance medicine security and strengthen the company's position as a global respiratory leader, it said. Locally, the infrastructure will generate over 200 new long-term, skilled jobs by 2030 in Broward County. "The expansion of Lupin's footprint in Coral Springs is a core part of our growth ...

Trump calls for jailing Chicago mayor, Illinois Guv before troop deployment

Trump has frequently called for jailing his opponents since he first entered politics in 2015, but Comey is the first to face prosecution

Nvidia to keep sponsoring H-1B visas despite Trump's new $100K fee: Report

Trump's order bars new H-1B recipients from entering the United States unless the employer sponsoring their visa has made an additional $100,000 payment

Trump says Putin's offer on nuclear arms control 'sounds like a good idea'

US Vice President JD Vance said last month that Washington was considering a Ukrainian request to obtain missiles that could strike deep into Russia, including Moscow

Mass layoffs will start if shutdown talks 'going nowhere': White House

Trump described the potential job cuts on Sunday as 'Democrat layoffs,' telling reporters, Anybody laid off that's because of the Democrats

Elon Musk's $1 trn pay plan faces pushback from investors, state officials

In response to Thursday's letter, Tesla said in a post on X that the performance incentive plan aligns Musk's compensation with shareholder value creation 'of trillions of dollars'

Sonam Wangchuk detention, Bihar elections, new US bill on H1-B visa & more top

administration. Bihar Chief Minister Nitish Kumar disbursed ₹10,000 each to 2.5 million women under the Mukhyamantri Mahila Rojgar Yojana, bringing the total aid disbursed so far to ₹10,000 crore

Trump targets deals in pharma, AI, energy, mining before midterm elections

The Trump administration is pursuing deals across up to 30 industries

Wholesale attack on democracy in India: Rahul Gandhi at Colombia university

Claiming that there is a "wholesale attack on the democratic system" in India currently, Congress leader Rahul Gandhi has said allowing different traditions to thrive is important for the country, as "we cannot do what China does, which is to suppress people and run an authoritarian system". Speaking at the EIA University in Medellin, Colombia, Gandhi said India has a much more complex system as compared with China and India's strengths are very different from that of the neighbouring country. India also has a very old spiritual tradition and a thought system with profound ideas that are useful in today's world, he said, adding that there is a lot that the country can offer in terms of tradition and the way of thinking. "I am very optimistic about India, but at the same time, there are fault lines within the Indian structure, there are risks that India has to overcome. The single-biggest risk is the attack on democracy that is taking place in India," the leader of opposition in the

US auto sales seen rising 6% in Oct quarter as EV demand surges

Market research firm Cox Automotive expects US new vehicle sales to be about 4.14 million units for July-September, compared with 3.9 million in the same period last year

US government shutdown looms as lawmankers' talks fail to reach deal

The Republican-controlled Senate is expected to vote on a temporary spending bill that has failed once already, with no sign that a second vote will bring success

Amazon to pay $2.5 billion to settle Prime deception allegations

Of that, $1.5 billion will go into a fund to repay eligible Prime subscribers and Amazon will not admit wrongdoing as part of the settlement, the FTC said

US mulls supplying long-range Tomahawk missiles to Ukraine, says JD Vance

Tomahawk missiles have a range of 2,500 km (1,550 miles), and would be a powerful asset in Ukraine's arsenal as it fights back against regular barrages of Russian missile and drone attacks

Echoes of 2007 grow louder as risky debt, buyouts raise concerns

There are some key differences between now and 2007. Banks are more heavily regulated and have larger equity cushions. Consumers haven't borrowed as much this time around

Donald Trump to meet top Democrats as both sides dig in on shutdown

The bill at issue would only fund the government until mid-November and must pass before Oct. 1

US tells India that Russian oil curbs are key to trade deal progress

While trade negotiations are on a positive track, a US official said, more work is needed to ensure India addresses US concerns over market access, the trade deficit and purchases of Russian oil